ICEMAKE vs TMCV: Stock Comparison

ICE MAKE REFRIGERAT vs TATA MOTORSUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

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 2; TMCV leads 11 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.

ICEMAKETMCV

Valuation lens

What price are you paying?

Market CapContext only
₹1,325 Cr
₹1.6 L Cr
P/E RatioTMCV has the lower reading
95.91x
38.17x
P/B RatioICEMAKE has the lower reading
8.63x
12.56x
EPSTMCV has the higher reading
₹-0.89
₹6.95
Book ValueContext only
₹84.04
₹34.58
Dividend YieldTMCV has the higher reading
0%
0.92%

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

Key Differences

Market Cap
TMCV is the larger company
₹1.6 L Cr vs ₹1,325 Cr
P/E Ratio
TMCV has a lower P/E
38.17x vs 95.91x
P/B Ratio
ICEMAKE has a lower P/B
8.63x vs 12.56x
EPS
TMCV has higher earnings per share
₹6.95 vs ₹-0.89
Dividend Yield
TMCV has a higher dividend yield
0.92% vs 0%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
TMCV has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
TMCV has stronger quarterly sales growth
6.92% vs -1.57%

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

Profile

MetricICEMAKETMCV
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKETMCV
Live Price₹730.1₹434.55
Day Change0.3%-1.07%
Volume11,85271.09 L
52-Week High₹920₹509
52-Week Low₹660.3₹317.75
Distance from 52W High-20.64%-14.63%

Valuation

MetricICEMAKETMCV
Market Cap₹1,325 Cr₹1.6 L Cr
P/E Ratio95.91x38.17x
P/B Ratio8.63x12.56x
EPS₹-0.89₹6.95
Book Value₹84.04₹34.58
Dividend Yield0%0.92%

Growth

MetricICEMAKETMCV
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth-1.57%6.92%
Qtr Profit Growth14.97%67.28%

Profitability & Leverage

MetricICEMAKETMCV
ROE9.15%56.32%
ROCE7.68%67.49%
Net Margin1.82%3.61%
Operating Margin4.34%10.28%
Debt to Equity1.14x0.38x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKETMCV
Promoter Holding64.52% 9.68 pp42.56%
FII Holding0.01% 0.3 pp18.58% 0.45 pp
DII Holding0.88% 0.5 pp18.45% 0.61 pp
Public Holding34.6% 10.49 pp20.35% 0.17 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.

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.