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Ice Make Refrigeration Ltd vs Megatherm Induction Ltd Stock Comparison

Ice Make Refrigeration Ltd vs Megatherm Induction Ltd Stock Comparison

Last Updated on: May 26, 2026

Key Highlights

  • The Latest Trading Price of ICE Make Refrigeration Ltd is ₹ 885.95 as of 26 May 15:30 . The P/E Ratio of ICE Make Refrigeration Ltd changed from 28.9 on March 2021 to 61.5 on March 2025 . This represents a CAGR of 16.30% over 5 yearsThe P/E Ratio of Megatherm Induction Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of ICE Make Refrigeration Ltd changed from ₹ 104.61 crore on March 2021 to ₹ 1420 crore on March 2025 . This represents a CAGR of 68.49% over 5 yearsThe Market Cap of Megatherm Induction Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of ICE Make Refrigeration Ltd for the Dec '25 is ₹ 153.48 crore as compare to the Sep '25 revenue of ₹ 147.58 crore. This represent the growth of 4% The revenue of Megatherm Induction Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of ICE Make Refrigeration Ltd for the Dec '25 is ₹ 10.04 crore as compare to the Sep '25 ebitda of ₹ 9.7 crore. This represent the growth of 3.51% The ebitda of Megatherm Induction Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of ICE Make Refrigeration Ltd changed from ₹ 3.64 crore to ₹ 1.45 crore over 7 quarters. This represents a CAGR of -40.90% The net profit of Megatherm Induction Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of ICE Make Refrigeration Ltd changed from 41.88 % on March 2021 to 15.29 % on March 2025 . This represents a CAGR of -18.25% over 5 yearsThe Dividend Payout of Megatherm Induction Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About ICE Make Refrigeration Ltd

  • Ice Make Refrigeration Limited was originally incorporated on March 31, 2009 as a private limited company with the name 'Ic Ice Make Refrigeration Private Limited'.
  • Subsequently, the name of the Company was changed to 'Ice Make Refrigeration Private Limited' on August 04, 2015.
  • Further, the Company converted into a public limited company on August 29, 2017 and the name of the Company was changed to 'Ice Make Refrigeration Limited'. Ice Make is a refrigeration equipment manufacturer, engaged in providing cooling solutions.
  • The Company provides cooling solutions for cooling systems and accessories used in industries such as dairy, ice-cream, food processing, agriculture, pharmaceuticals, cold chains, logistics, hospital, hospitality and retail, among others.
  • The Company operates its business verticals under the brand of 'Ice Make'.

About Megatherm Induction Ltd

  • Megatherm Induction Limited was originally incorporated as a Private Limited Company as 'Megatherm Transmission & Distribution Private Limited' on October 22, 2010 with the Registrar of Companies, West Bengal.
  • The name of the Company changed from 'Megatherm Transmission & Distribution Private Limited' to 'Megatherm Induction Private Limited' dated September 23, 2015 and was subsequently, converted into a Public Limited to 'Megatherm Induction Limited' w.e.f.
  • December 20, 2022. The Company is engaged in manufacturing of induction heating and melting products by means of electric induction like induction melting furnace and induction heating equipment.
  • Besides induction melting & heating equipments the Company produces various up-stream & down-stream plant & machineries associated with steel melt shops such as, transformers, ladle refining furnaces, continuous casting machines, fume extraction systems etc.

FAQs for the comparison of ICE Make Refrigeration Ltd and Megatherm Induction Ltd

Which company has a larger market capitalization, ICE Make Refrigeration Ltd or Megatherm Induction Ltd?

Market cap of ICE Make Refrigeration Ltd is 1,398 Cr while Market cap of Megatherm Induction Ltd is 402 Cr

What are the key factors driving the stock performance of ICE Make Refrigeration Ltd and Megatherm Induction Ltd?

The stock performance of ICE Make Refrigeration Ltd and Megatherm Induction Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for ICE Make Refrigeration Ltd and Megatherm Induction Ltd?

As of May 26, 2026, the ICE Make Refrigeration Ltd stock price is INR ₹885.95. On the other hand, Megatherm Induction Ltd stock price is INR ₹213.65.

How do dividend payouts of ICE Make Refrigeration Ltd and Megatherm Induction Ltd compare?

To compare the dividend payouts of ICE Make Refrigeration Ltd and Megatherm Induction Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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