ICEMAKE vs TMCV: Stock Comparison
TATA MOTORS is the larger company by market capitalisation. ICE MAKE REFRIGERAT shows faster revenue growth, while TATA MOTORS shows a lower P/E, a higher ROE and a higher dividend yield. 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 4; TMCV leads 9 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | ICEMAKE | TMCV |
|---|---|---|
| Sector | Capital Goods | — |
| Industry | Industrial Products | — |
Price
| Metric | ICEMAKE | TMCV |
|---|---|---|
| Live Price | ₹662.35 | ₹400.3 |
| Day Change | 3.65% | 0.15% |
| Volume | 29,087 | 43.1 L |
| 52-Week High | ₹920 | ₹509 |
| 52-Week Low | ₹602 | ₹317.75 |
| Distance from 52W High | -28.01% | -21.36% |
Valuation
| Metric | ICEMAKE | TMCV |
|---|---|---|
| Market Cap | ₹1,207 Cr | ₹1.47 L Cr |
| P/E Ratio | 87.73x | 23.34x |
| P/B Ratio | 7.89x | 9.64x |
| EPS | ₹7.73 | ₹3.41 |
| Book Value | ₹84.3 | ₹34.58 |
| Dividend Yield | 0.36% | 1% |
Growth
| Metric | ICEMAKE | TMCV |
|---|---|---|
| Revenue Growth (TTM YoY) | 41.9% | 0% |
| EPS Growth (TTM YoY) | -13.6% | 0% |
| Qtr Sales Growth | 0% | 22.6% |
| Qtr Profit Growth | 0% | -50.94% |
Profitability & Leverage
| Metric | ICEMAKE | TMCV |
|---|---|---|
| ROE | 9.15% | 25.09% |
| ROCE | 7.61% | 26.53% |
| Net Margin | 1.82% | 3.61% |
| Operating Margin | 4.34% | 7.25% |
| Debt to Equity | 1.14x | 0.22x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | ICEMAKE | TMCV |
|---|---|---|
| Promoter Holding | 64.52%▼ 9.68 pp | 42.51%▼ 0.05 pp |
| FII Holding | 0.03%▼ 0.28 pp | 19.03%▲ 0.45 pp |
| DII Holding | 0.25%▼ 1.13 pp | 18.6%▲ 0.15 pp |
| Public Holding | 35.2%▲ 11.09 pp | 19.81%▼ 0.54 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 TATA MOTORS.
Related Comparisons
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.

