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Thermax Stock Price

Symbol: NSEI:THERMAXMarket Cap: ₹398.6bCategory: Capital Goods

THERMAX Share Price Performance

₹3,539.00
-1004.30 (-22.11%)
20.0% undervalued intrinsic discount
₹4,423.83
Fair Value
₹3,539.00
-1004.30 (-22.11%)
20.0% undervalued intrinsic discount
₹4,423.83
Fair Value
Price ₹3,539.00
AnalystHighTarget ₹4,423.83
AnalystConsensusTarget ₹3,506.86
AnalystLowTarget ₹2,589.88

THERMAX Community Narratives

AN
AnalystHighTarget
AnalystHighTarget·Updated
Fair Value ₹4.42k 20.0% undervalued intrinsic discount

Global Decarbonization And Clean Energy Trends Will Drive Industrial Growth

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AN
AnalystConsensusTarget
AnalystConsensusTarget·Updated
Fair Value ₹3.51k 0.9% overvalued intrinsic discount

Completion Of FGD Projects Will Improve Future Operations

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6users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget·Updated
Fair Value ₹2.59k 36.6% overvalued intrinsic discount

Global Decarbonization Will Undermine Legacy Fossil Solutions

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THERMAX Community Fair Values

Recent THERMAX News & Updates

No updates

Thermax Limited Key Details

₹103.5b

Revenue

₹56.5b

Cost of Revenue

₹47.1b

Gross Profit

₹40.4b

Other Expenses

₹6.7b

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
59.57
Gross Margin
45.48%
Net Profit Margin
6.48%
Debt/Equity Ratio
34.8%

Thermax Limited Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About THERMAX

Founded
1966
Employees
5601
CEO
Ashish Bhandari
WebsiteView website
www.thermaxglobal.com

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.

Indian Market Performance

  • 7 Days: 0.2%
  • 3 Months: 5.2%
  • 1 Year: -2.4%
  • Year to Date: -1.1%
Over the last 7 days, the market has dropped 1.6%, driven by a pullback of 2.1% in the Financials sector. The market has dropped 6.5% in the last year. Looking forward, earnings are forecast to grow by 15% annually. Market details ›
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