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ICEMAKE vs THEJO: Stock Comparison

ICE MAKE REFRIGERAT vs THEJO ENGINEERINGUpdated 19 Oct 26, 4:08 PM ISTNSE & company filings

THEJO ENGINEERING is the larger company by market capitalisation. ICE MAKE REFRIGERAT shows faster revenue growth, while THEJO ENGINEERING shows a lower P/E, a higher ROE and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

ICEMAKE leads 1; THEJO leads 9 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

ICEMAKETHEJO

Valuation lens

What price are you paying?

Market CapContext only
₹1,163 Cr
₹2,170 Cr
P/E RatioTHEJO has the lower reading
84.57x
38.74x ✓
P/B RatioTHEJO has the lower reading
7.61x
6.12x ✓
EPSTHEJO has the higher reading
₹-1.04
₹14.9 ✓
Book ValueContext only
₹84.04
₹349.34
Dividend YieldSame reading
0%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
THEJO is the larger company
₹2,170 Cr vs ₹1,163 Cr
P/E Ratio
THEJO has a lower P/E
38.74x vs 84.57x
P/B Ratio
THEJO has a lower P/B
6.12x vs 7.61x
EPS
THEJO has higher earnings per share
₹14.9 vs ₹-1.04
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 18.3%
EPS Growth (TTM YoY)
THEJO has faster EPS growth
4% vs -13.6%
ROE
THEJO has a higher ROE
12.89% vs 8.01%
ROCE
THEJO has a higher ROCE
15.78% vs 7.12%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricICEMAKETHEJO
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricICEMAKETHEJO
Live Price₹643.7₹2,022
Day Change-3.19%3.6%
Volume8,7794,816
52-Week High₹920₹2,286.6
52-Week Low₹602₹1,443.6
Distance from 52W High-30.03%-11.57%

Valuation

MetricICEMAKETHEJO
Market Cap₹1,163 Cr₹2,170 Cr
P/E Ratio84.57x38.74x
P/B Ratio7.61x6.12x
EPS₹-1.04₹14.9
Book Value₹84.04₹349.34
Dividend Yield0%0%

Growth

MetricICEMAKETHEJO
Revenue Growth (TTM YoY)41.9%18.3%
EPS Growth (TTM YoY)-13.6%4%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricICEMAKETHEJO
ROE8.01%12.89%
ROCE7.12%15.78%
Net Margin1.82%7.79%
Operating Margin4.06%11.39%
Debt to Equity1.1x0.01x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKETHEJO
Promoter Holding64.52%▼ 9.68 pp53.61%
FII Holding0.03%▼ 0.28 pp0.85%▲ 0.01 pp
DII Holding0.25%▼ 1.13 pp3.38%▲ 0.21 pp
Public Holding35.2%▲ 11.09 pp42.17%▼ 0.2 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: ICE MAKE REFRIGERAT and THEJO ENGINEERING.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.