ICE Make Refrigeration Ltd. benchmarking: Perfomance to industry peers

Financial

	ICE MakeRefrigeratio	Elin Electronics	Servotech Renewable
Operational Metrics
Financials
5 yr Average ROE	17.55 %	7.98 %	9.34 %
5yr average Equity Multiplier	2.16	1.58	2.03
5yr Average Asset Turnover Ratio	1.6	1.68	1.42
5yr Avg Net Profit Margin	4.93 %	2.78 %	3.21 %
Price to Book	9.93	1.53	6.95
P/E	79.26	22.11	83.73
5yr Avg Cash Conversion Cycle	34.35 Days	54.13 Days	61.85 Days
Inventory Days	72.38 Days	39.9 Days	34.94 Days
Days Receivable	60.49 Days	65.87 Days	62.73 Days
Days Payable	80.63 Days	50.44 Days	36.55 Days
5yr Average Interest Coverage Ratio	12.01	4.86	4.81
5yr Avg ROCE	22.58 %	12.04 %	14.28 %
5yr Avg Operating Profit Margin	8.93 %	5.86 %	6.55 %
5 yr average Debt to Equity	0.24	0.2	0.48
5yr CAGR Net Profit	44.96 %	-3.4 %	104.17 %
5yr Average Return on Assets	8.26 %	4.79 %	4.87 %
Shareholdings
Promoter Holding	74.36 %	32.98 %	58.65 %
Share Pledged by Promoters	7.99 %	0.0	3.96 %
Change in Promoter Holding (3 Yrs)	-0.13 %	0.05 %	-10.38 %
Change in Mutual Fund Holding (3 Yrs)	0.0	-6.56 %	0.0

	ICE MakeRefrigeratio	Elin Electronics	Servotech Renewable
Product Wise Break-Up	Product Wise Break-Up Cold Room 51.0 Ammonia 17.0 Commercial Refrigeration 16.0 Refer Van 8.0 Industrial Freezer 3.0 EV Charging Infrastructure 0 Others 5.0	-	Product Wise Break-Up Commercial Refrigeration 0 Refer Van 0 EV Charging Infrastructure 100.0 Industrial Freezer 0 Ammonia 0 Cold Room 0
Location Wise Break-Up	Location Wise Break-Up West India 51.0 East India 18.0 South India 14.0 North India 11.0 Rest of the World 6.0 India 0 Domestic 0	Location Wise Break-Up Rest of the World 0 Domestic 0 India 99.69 West India 0 South India 0 East India 0 North India 0 Others 0.31	Location Wise Break-Up Rest of the World 0 India 96.39 India 0 West India 0 South India 0 East India 0 North India 0 Others 3.61