Ice Make Refrigeration Limited (NSE: ICEMAKE) and Lloyds Engineering Works Ltd (NSE: LLOYDSENGG) are both listed in the Industrial Heating, Ventilation, Air Conditioning, and Refrigeration Equipment and Supplies industry. Ice Make Refrigeration has a market capitalisation of ₹1,167 Cr and Lloyds Engineering Works ₹12,551 Cr, as of 9 Nov 2026. Their P/E ratios are 83.3 and 59.1 respectively. Return on equity is 9.46% for Ice Make Refrigeration and 16.82% for Lloyds Engineering Works. Over one year, Ice Make Refrigeration's share price is down 4.6% and Lloyds Engineering Works's is up 38.4%.
| Metric | Ice Make Refrigeration | Lloyds Engineering Works |
|---|---|---|
| NSE Symbol | ICEMAKE | LLOYDSENGG |
| BSE Code | — | 539992 |
| Share Price | ₹679.00 | ₹83.65 |
| Market Cap | ₹1,167 Cr | ₹12,551 Cr |
| P/E Ratio | 83.3 | 59.1 |
| Return on Equity | 9.46% | 16.82% |
| Return on Assets | 3.97% | 6.21% |
| Dividend Yield | 0.35% | 0.29% |
| Beta (1Y) | 0.19 | 0.97 |
| 1-Year Price Change | -4.6% | +38.4% |
| 3-Month Price Change | -16.9% | -12.3% |
| 52-Week Range | ₹602.00 – ₹920.00 | ₹37.40 – ₹104.20 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹207 Cr | ₹594 Cr |
| Quarterly Net Profit | ₹3 Cr | ₹58 Cr |
| Net Margin | 1.3% | 9.7% |
| EPS (Basic, Quarter) | ₹1.60 | ₹0.38 |
| Results Basis | consolidated | consolidated |
| Headquarters | Gandhinagar, Gujarat | Mumbai, Maharashtra |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room PUF panel and accessories, and cold room refrigeration units; and chest freezers and visi coolers. It also provides commercial refrigeration consisting of dairy processing plant solutions; curd incubati…
Lloyds Engineering Works Limited provides engineering products and services in India. It designs, engineers, manufactures, fabricates, supplies, erects, installs, and commissions mechanical, hydraulic, structural, process plants, metallurgical, and chemical plants equipment, including marine loading/unloading arms, truck/wagon loading/unloading arms, columns, pressure vessels, dryers, boilers, power plant, steel plant, and capital equipment. The company also executes turnkey; and engineering, procurement, and construction projects; and manufactures and sells elevators, motors, and submersible …
Lloyds Engineering Works has a market capitalisation of ₹12,551 Cr, against ₹1,167 Cr for Ice Make Refrigeration as of 9 Nov 2026, about 10.8 times the size by market cap.
Ice Make Refrigeration has a P/E of 83.3 and Lloyds Engineering Works a P/E of 59.1 as of 9 Nov 2026.
Ice Make Refrigeration has a return on equity of 9.46% and Lloyds Engineering Works 16.82%.
Ice Make Refrigeration's share price is down 4.6% over one year and Lloyds Engineering Works's is up 38.4%.
Ice Make Refrigeration reported revenue of ₹207 Cr and net profit of ₹3 Cr for Q2 FY27. Lloyds Engineering Works reported revenue of ₹594 Cr and net profit of ₹58 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Machinery > Industrial Machinery and Supplies and Components > Industrial Heating, Ventilation, Air Conditioning, and Refrigeration Equipment and Supplies on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.