Probably a bit undersized, but it will probably hold up as long as you aren't punching a lot of holes in thick ice. I've seen some guys around here running little 12-16v drills on 6-8" augers, but our ice is rarely over 8 inches thick here. You get into real thick ice or popping a lot of holes, and the drill probably won't like it for very long.
That's a lot of probablys 😂