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Thermax Limited (THERMAX.BO)

3,123.15 +11.00 (+0.35%)
As of 1:56:30 PM GMT+5:30. Market Open.
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  • Previous Close 3,112.15
  • Open 3,148.35
  • Bid 3,118.15 x --
  • Ask 3,125.35 x --
  • Day's Range 3,063.65 - 3,148.35
  • 52 Week Range 2,744.20 - 4,088.00
  • Volume 1,810
  • Avg. Volume 6,360
  • Market Cap (intraday) 352.43B
  • Beta (5Y Monthly) 0.02
  • PE Ratio (TTM) 51.72
  • EPS (TTM) 60.39
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield 14.00 (0.48%)
  • Ex-Dividend Date Jul 4, 2025
  • 1y Target Est 3,438.48

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.

www.thermaxglobal.com

5,601

Full Time Employees

March 31

Fiscal Year Ends

Industrials

Sector

Conglomerates

Industry

Recent News

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Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 26.35B
Earnings 2.04B
Profit Margin 7.75%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
10B
20B
30B
5.0%
6.0%
7.0%

Analyst Insights

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Analyst Price Targets

2,644.00 Low
3,438.48 Average
3,123.15 Current
5,100.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.60%

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    103.32B

  • Net Income Avi to Common (ttm)

    6.82B

  • Diluted EPS (ttm)

    60.39

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    25.26B

  • Total Debt/Equity (mrq)

    35.78%

  • Levered Free Cash Flow (ttm)

    --

Company Insights

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