ICE Make Refrigeration Ltd. benchmarking: Performance to industry peers

Financial

	ICE MakeRefrigeratio	Servotech Renewable	Elin Electronics
Operational Metrics
Financials
5 yr Average ROE	17.55 %	9.34 %	7.98 %
5yr average Equity Multiplier	2.16	2.03	1.58
5yr Average Asset Turnover Ratio	1.6	1.42	1.68
5yr Avg Net Profit Margin	4.93 %	3.21 %	2.78 %
Price to Book	10.75	5.65	0.85
P/E	94.43	52.26	11.58
5yr Avg Cash Conversion Cycle	34.35 Days	61.85 Days	54.13 Days
Inventory Days	72.38 Days	34.94 Days	39.9 Days
Days Receivable	60.49 Days	62.73 Days	65.87 Days
Days Payable	80.63 Days	36.55 Days	50.44 Days
5yr Average Interest Coverage Ratio	12.01	4.81	4.86
5yr Avg ROCE	22.58 %	14.28 %	12.04 %
5yr Avg Operating Profit Margin	8.93 %	6.55 %	5.86 %
5 yr average Debt to Equity	0.24	0.48	0.2
5yr CAGR Net Profit	44.96 %	104.17 %	-3.4 %
5yr Average Return on Assets	8.26 %	4.87 %	4.79 %
Shareholdings
Promoter Holding	74.26 %	58.61 %	32.98 %
Share Pledged by Promoters	7.87 %	3.92 %	0.0
Change in Promoter Holding (3 Yrs)	-0.23 %	-1.98 %	0.05 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-6.56 %

	ICE MakeRefrigeratio	Servotech Renewable	Elin Electronics
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 EV Charging Infrastructure 100.0 Industrial Freezer 0 Ammonia 0 Commercial Refrigeration 0 Cold Room 0 Refer Van 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 Domestic 0 India 0	Location Wise Break-Up India 96.39 India 0 Rest of the World 0 North India 0 South India 0 West India 0 East India 0 Others 3.61	Location Wise Break-Up Domestic 0 India 99.69 Rest of the World 0 North India 0 South India 0 West India 0 East India 0 Others 0.31