ICEMAKE vs TIRUPATIFL: Stock Comparison

Ice Make Refrigeration Limited vs Tirupati Forge LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Ice Make Refrigeration Limited is the larger company by market capitalisation. Ice Make Refrigeration Limited shows a lower P/E, a higher ROE and a higher dividend yield, while Tirupati Forge Ltd shows a higher net margin. 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 8; TIRUPATIFL leads 5 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.

ICEMAKETIRUPATIFL

Valuation lens

What price are you paying?

Market CapContext only
₹1,144 Cr
₹892 Cr
P/E RatioICEMAKE has the lower reading
94.99x
131.43x
P/B RatioTIRUPATIFL has the lower reading
8.54x
6.12x
EPSICEMAKE has the higher reading
₹7.71
₹0.5
Book ValueContext only
₹84.3
₹10.5
Dividend YieldICEMAKE has the higher reading
0.27%
0%

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

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,144 Cr vs ₹892 Cr
P/E Ratio
ICEMAKE has a lower P/E
94.99x vs 131.43x
P/B Ratio
TIRUPATIFL has a lower P/B
6.12x vs 8.54x
EPS
ICEMAKE has higher earnings per share
₹7.71 vs ₹0.5
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs -4%
EPS Growth (TTM YoY)
ICEMAKE has faster EPS growth
-13.6% vs -39.53%
Qtr Sales Growth
TIRUPATIFL has stronger quarterly sales growth
52.4% vs 41.9%

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

Profile

MetricICEMAKETIRUPATIFL
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsCastings & Forgings

Price

MetricICEMAKETIRUPATIFL
Live Price₹721.7₹77.48
Day Change-0.6%-4.99%
Volume28,77913.45 L
52-Week High₹920₹83.9
52-Week Low₹660.3₹30.11
Distance from 52W High-21.55%-7.65%

Valuation

MetricICEMAKETIRUPATIFL
Market Cap₹1,144 Cr₹892 Cr
P/E Ratio94.99x131.43x
P/B Ratio8.54x6.12x
EPS₹7.71₹0.5
Book Value₹84.3₹10.5
Dividend Yield0.27%0%

Growth

MetricICEMAKETIRUPATIFL
Revenue Growth (TTM YoY)41.9%-4%
EPS Growth (TTM YoY)-13.6%-39.53%
Qtr Sales Growth41.9%52.4%
Qtr Profit Growth-13.7%16.9%

Profitability & Leverage

MetricICEMAKETIRUPATIFL
ROE9.49%5.24%
ROCE11.6%7.53%
Net Margin1.82%3.87%
Operating Margin6.78%9.77%
Debt to Equity1.19x31x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKETIRUPATIFL
Promoter Holding74.2%49.75% 0.74 pp
FII Holding0.31% 0.09 pp0.45% 0.33 pp
DII Holding1.38% 0.26 pp0%
Public Holding24.11% 0.17 pp49.8% 0.41 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 Refrigeration Limited and Tirupati Forge Ltd.

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.