Finzony

Thermax Limited

THERMAX Industrials
₹ 3,196.9
-1.61%

Live Market Data

Market Cap₹ 36,013 Cr.
Current Price₹ 3,196.9
High / Low₹4091.8 / 2742.7
Stock P/E52.9
Book Value₹448.4
Dividend Yield0.43 %
ROCE0.0 %
ROE0.0 %

About Company

Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering, procurement, and construction (EPC) of power plants, infra projects, and flue gas desulphurisation projects, along with associated services and manufacturing, installation, sales and services related to boiler and heater plants. The Green solutions segment builds, owns and operates BOO models, energy management solutions, oil and gas-fired, green hydrogen projects and renewable energy (Solar/Wind). The Chemical segment offers manufacturing, installation, sales and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services. It also operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services. In addition, the company offers steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery. It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries. Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Industry Segment

Conglomerates

Price Chart

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Technical Analysis

Technical Outlook

Short TermBullish
Mid TermBearish
Long TermNeutral
Resistance₹3944.5
Support₹0

Valuation Check

Fair Value Assessment
Overvalued
Premium Valuation

Research Reports

No recent reports available.

Peer Comparison

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Quarterly Results

ParticularsDec 25Sept 25Jun 25Mar 25Dec 24
Total Revenue (Cr)2,634.682,473.92,094.362,952.052,528.72
Net Income (Cr)204.18119.66152.38205.73115.9
EPS (₹)18.1210.6213.53010.29

Annual Profit & Loss

Particulars20252024202320221970
Total Revenue (Cr)10,255.819,237.248,033.96,064.030
Operating Exp (Cr)3,399.13,110.072,649.162,120.930
Net Income (Cr)634.47645.28450.29312.310
EPS (₹)56.3357.339.9827.730

Balance Sheet

ParticularsDec 25Sept 25Jun 25Mar 25Dec 24
Total Assets (Cr)-12,188.39-12,038.02-
Total Liabilities (Cr)-7,127.96-7,095.44-
Total Equity (Cr)-5,052.41-4,936.89-

Key Ratios Fundamentals

Valuation

P/E Ratio (TTM)
52.89
Forward P/E
43.96
PEG Ratio
-
Price / Book
7.13
EV / EBITDA
39.27

Profitability

ROE
-
ROA
-
Profit Margin
6.60%
Operating Margin
7.65%

Liquidity & Debt

Current Ratio
-
Quick Ratio
-
Debt / Equity
35.78
Total Cash (Cr)
2525.77

Price Statistics

Beta
0.04
52W High
4091.80
52W Low
2742.70
Dividend Yield
0.43%

Pattern Unavailable

Detailed shareholding breakdown is not currently provided by the exchange.