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Ice Make Refrigeration Ltd vs Smarten Power Systems Ltd Stock Comparison

Ice Make Refrigeration Ltd vs Smarten Power Systems Ltd Stock Comparison

Last Updated on: Aug 02, 2025

Key Highlights

  • The Latest Trading Price of ICE Make Refrigeration Ltd is ₹ 783.65 as of 01 Aug 15:30.
  • The P/E Ratio of ICE Make Refrigeration Ltd changed from 10.3 on March 2020 to 0 on March 2025 . This represents a CAGR of -100.00% over 6 yearsThe P/E Ratio of Smarten Power Systems Ltd changed from 0 on March 2020 to 0 on March 2025 . This represents a CAGR of 0.0% over 6 years.
  • The Market Cap of ICE Make Refrigeration Ltd changed from ₹ 52.11 crore on March 2020 to ₹ 0 crore on March 2025 . This represents a CAGR of -100.00% over 6 yearsThe Market Cap of Smarten Power Systems Ltd changed from ₹ 0 crore on March 2020 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 6 years.
  • The revenue of ICE Make Refrigeration Ltd for the Mar '25 is ₹ 180.82 crore as compare to the Dec '24 revenue of ₹ 110.77 crore. This represent the growth of 63.24% The revenue of Smarten Power Systems Ltd for the Mar '25 is ₹ 0 crore as compare to the Dec '24 revenue of ₹ 0 crore. This represent the decline of 0%.
  • The ebitda of ICE Make Refrigeration Ltd for the Mar '25 is ₹ 21.85 crore as compare to the Dec '24 ebitda of ₹ 6.89 crore. This represent the growth of 217.13% The ebitda of Smarten Power Systems Ltd for the Mar '25 is ₹ 0 crore as compare to the Dec '24 ebitda of ₹ 0 crore. This represent the decline of 0%.
  • The net profit of ICE Make Refrigeration Ltd changed from ₹ 5.36 crore to ₹ 11.66 crore over 8 quarters. This represents a CAGR of 47.49% The net profit of Smarten Power Systems Ltd changed from ₹ 4.05 crore to ₹ 0 crore over 5 quarters. This represents a CAGR of -100.00% .
  • The Dividend Payout of ICE Make Refrigeration Ltd changed from 41.88 % on March 2021 to 11.86 % on March 2024 . This represents a CAGR of -27.05% over 4 yearsThe Dividend Payout of Smarten Power Systems Ltd changed from 0 % on March 2020 to 0 % on March 2024 . This represents a CAGR of 0.0% over 5 years.

Share Price

* All values are in Rupees

P/E Ratio Over Time

No data available

Market Cap Over Time

No data available

* All values are in crore

Historical Share Prices

* All values are in Rupees

Revenue Over Time

No data available

* All values are in crore

EBITDA Over Time

No data available

* All values are in crore

Net Profit Over Time

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

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 Smarten Power Systems Ltd

  • Smarten Power Systems Limited was incorporated as 'Smarten Power Systems Private Limited' as a Private Limited Company dated July 30, 2014 issued by the Registrar of Companies, Haryana.
  • Further, Company's status has been converted into a Public Limited Company followed by the change in name of the Company as 'Smarten Power Systems Limited' and a fresh Certificate Incorporated has been issued by the Registrar of Companies, Central Processing Centre on November 20, 2024. The Company is engaged into designing and assembling of power back-up and advanced solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers.
  • It is engaged into trading of solar panels and batteries.
  • The Company sell products through their distributors within India.

ICE Make Refrigeration Ltd News Hub

News

ICE Make Refrigeration announces board meeting date

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 7 A...

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01 Aug 2025 10:04

News

Board of ICE Make Refrigeration recommends Final Dividend

ICE Make Refrigeration announced that the Board of Directors of the Company at its meeting...

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17 May 2025 15:48

News

ICE Make Refrigeration to convene board meeting

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 17 ...

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10 May 2025 11:14

News

ICE Make Refrigeration schedules board meeting

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 8 F...

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01 Feb 2025 13:49

News

ICE Make Refrigeration to discuss results

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 14 ...

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30 Oct 2024 16:19

News

ICE Make Refrigeration to hold AGM

ICE Make Refrigeration announced that the 15th Annual General Meeting (AGM) of the company...

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09 Aug 2024 16:38

Smarten Power Systems Ltd News Hub

News

NSE SME Smarten Power Systems lights up on market debut

The scrip was listed at Rs 144, a premium of 44% compared with the initial public offer (I...

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14 Jul 2025 11:58

SWOT Analysis Of ICE Make Refrigeration Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for ICE Make Refrigeration Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of ICE Make Refrigeration Ltd and null

Which company has a larger market capitalization, ICE Make Refrigeration Ltd or Smarten Power Systems Ltd?

Market cap of ICE Make Refrigeration Ltd is 1,236 Cr while Market cap of Smarten Power Systems Ltd is 239 Cr

What are the key factors driving the stock performance of ICE Make Refrigeration Ltd and Smarten Power Systems Ltd?

The stock performance of ICE Make Refrigeration Ltd and Smarten Power Systems 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 Smarten Power Systems Ltd?

As of August 2, 2025, the ICE Make Refrigeration Ltd stock price is INR ₹783.65. On the other hand, Smarten Power Systems Ltd stock price is INR ₹126.1.

How do dividend payouts of ICE Make Refrigeration Ltd and Smarten Power Systems Ltd compare?

To compare the dividend payouts of ICE Make Refrigeration Ltd and Smarten Power Systems 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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