International Combustion India Ltd vs Patels Airtemp India Ltd Stock Comparison

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Last Updated on: Jun 14, 2026

Key Highlights

The Latest Trading Price of International Combustion (India) Ltd is ₹ 472.5 as of 12 Jun 15:30 . The P/E Ratio of International Combustion (India) Ltd changed from 0 on March 2021 to 0 on March 2024 . This represents a CAGR of 0.0% over 4 yearsThe P/E Ratio of Patels Airtemp (India) Ltd changed from 6 on March 2021 to 14.1 on March 2024 . This represents a CAGR of 23.81% over 4 years The Market Cap of International Combustion (India) Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2024 . This represents a CAGR of 0.0% over 4 yearsThe Market Cap of Patels Airtemp (India) Ltd changed from ₹ 67.86 crore on March 2021 to ₹ 207.95 crore on March 2024 . This represents a CAGR of 32.31% over 4 years The revenue of International Combustion (India) Ltd for the Mar '26 is ₹ 86.2 crore as compare to the Dec '25 revenue of ₹ 72.58 crore. This represent the growth of 18.77% The revenue of Patels Airtemp (India) Ltd for the Mar '26 is ₹ 90.6 crore as compare to the Dec '25 revenue of ₹ 59.79 crore. This represent the growth of 51.53% The ebitda of International Combustion (India) Ltd for the Mar '26 is ₹ 2.93 crore as compare to the Dec '25 ebitda of ₹ -0.1 crore. This represent the decline of -3030% The ebitda of Patels Airtemp (India) Ltd for the Mar '26 is ₹ 8.25 crore as compare to the Dec '25 ebitda of ₹ 7.42 crore. This represent the growth of 11.19% The net profit of International Combustion (India) Ltd changed from ₹ 1.77 crore to ₹ 1.08 crore over 8 quarters. This represents a CAGR of -21.89% The net profit of Patels Airtemp (India) Ltd changed from ₹ 5.06 crore to ₹ 4.15 crore over 8 quarters. This represents a CAGR of -9.44% The Dividend Payout of International Combustion (India) Ltd changed from 11.52 % on March 2022 to 6.39 % on March 2025 . This represents a CAGR of -13.70% over 4 yearsThe Dividend Payout of Patels Airtemp (India) Ltd changed from 11.15 % on March 2021 to 9.94 % on March 2025 . This represents a CAGR of -2.27% over 5 years .

About International Combustion (India) Ltd

International Combustion (India) Limited, promoted by International Combustion (Holding) (ICHL), UK, which was taken over by Northern Engineering Industries, was incorporated as a private limited company in April, 1936.
It was a 100% subsidiary of ICHL till 1974 when it became public limited company, thereby reducing the foreign shareholding to 60%.
It then acquired the present name.
The foreign holding was further diluted to 39.12% in 1978.
Presently, the Company is engaged into manufacture and supply of Heavy Engineering Equipment, Geared Motors and Gear Boxes and Dry Mix Mortars. Acting initially as agents for ICHL's products (boilers and mineral beneficiation equipment), ICPL set up a plant in 1963 to manufacture capital equipment like grinding mills, mechanical vibrators, small-size feeders, pulverisers and pumps, etc, for the mineral beneficiation industry, and core sector industries like thermal power plants, steel plants, fertiliser plants, etc.

About Patels Airtemp (India) Ltd

Promoted by N G Patel and Associates Patel, Airtemp (India) Limited was incorporated in June, 1992 with the objective of taking over two of the eight existing units of the group to create a harmony in the group's product range and to avoid competition among the group companies.
The Company is presently engaged in manufacture and sale of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipments even outside India.
All these products are supplied to leading Industrial Sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries. The two existing profit-making companies: Patel Airtemp Pvt Ltd and Gujarat Patcon Pvt Ltd have been merged with the Company, pursuant to the order of the Gujarat High Court dated 1 May, 1993.

FAQs for the comparison of International Combustion (India) Ltd and Patels Airtemp (India) Ltd

Which company has a larger market capitalization, International Combustion (India) Ltd or Patels Airtemp (India) Ltd?

Market cap of International Combustion (India) Ltd is 112 Cr while Market cap of Patels Airtemp (India) Ltd is 158 Cr

What are the key factors driving the stock performance of International Combustion (India) Ltd and Patels Airtemp (India) Ltd?

The stock performance of International Combustion (India) Ltd and Patels Airtemp (India) 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 International Combustion (India) Ltd and Patels Airtemp (India) Ltd?

As of June 14, 2026, the International Combustion (India) Ltd stock price is INR ₹472.5. On the other hand, Patels Airtemp (India) Ltd stock price is INR ₹289.0.

How do dividend payouts of International Combustion (India) Ltd and Patels Airtemp (India) Ltd compare?

To compare the dividend payouts of International Combustion (India) Ltd and Patels Airtemp (India) 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.