ICEMAKE vs TMCV: Stock Comparison

Ice Make Refrigeration Limited vs Tata Motors Ltd

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Tata Motors Ltd is the larger company by market capitalisation. Ice Make Refrigeration Limited shows faster revenue growth, while Tata Motors Ltd 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.

Side-by-side comparison of Ice Make Refrigeration Limited and Tata Motors Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, ICEMAKE is more favourable on 4 of 13 scored metrics and TMCV on 9These counts are context-free and are not an overall rating.

Key Differences

Market Cap
TMCV is the larger company
₹1.49 L Cr vs ₹1,376 Cr
P/E Ratio
TMCV has a lower P/E
49.36x vs 111.82x
P/B Ratio
ICEMAKE has a lower P/B
10.26x vs 11.75x
EPS
TMCV has higher earnings per share
₹8.23 vs ₹7.72
Dividend Yield
TMCV has a higher dividend yield
0.95% vs 0.27%
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
ICEMAKE has stronger quarterly sales growth
41.9% vs 19.4%

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

Profile

MetricICEMAKETMCV
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKETMCV
Live Price₹865.7₹406.15
Day Change1.38%-0.43%
Volume1.04 L41.73 L
52-Week High₹920₹509
52-Week Low₹660.3₹317.75
Distance from 52W High-5.9%-20.21%

Valuation

MetricICEMAKETMCV
Market Cap₹1,376 Cr₹1.49 L Cr
P/E Ratio111.82x49.36x
P/B Ratio10.26x11.75x
EPS₹7.72₹8.23
Book Value₹84.3₹34.6
Dividend Yield0.27%0.95%

Growth

MetricICEMAKETMCV
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth41.9%19.4%
Qtr Profit Growth-13.7%34.9%

Profitability & Leverage

MetricICEMAKETMCV
ROE9.49%23.79%
ROCE11.6%35.9%
Net Margin1.82%3.61%
Operating Margin6.78%6.4%
Debt to Equity1.19x0.38x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKETMCV
Promoter Holding74.2%42.56%
FII Holding0.31% 0.09 pp19.03% 0.74 pp
DII Holding1.38% 0.26 pp17.84% 0.67 pp
Public Holding24.11% 0.17 pp20.52% 1.4 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 Tata Motors 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.