Thermax Future Growth
Future criteria checks 3/6
Thermax is forecast to grow earnings and revenue by 16.7% and 13.4% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 18.5% in 3 years.
Key information
16.7%
Earnings growth rate
16.1%
EPS growth rate
Machinery earnings growth | 15.9% |
Revenue growth rate | 13.4% |
Future return on equity | 18.5% |
Analyst coverage | Good |
Last updated | 18 Jul 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2027 | 148,137 | 11,676 | 8,933 | 12,045 | 6 |
3/31/2026 | 126,115 | 9,340 | 5,455 | 9,225 | 18 |
3/31/2025 | 108,106 | 7,528 | 4,974 | 7,878 | 20 |
3/31/2024 | 93,235 | 6,453 | -5,966 | 2,473 | N/A |
12/31/2023 | 88,706 | 6,109 | N/A | N/A | N/A |
9/30/2023 | 85,955 | 4,988 | -4,914 | 5,083 | N/A |
6/30/2023 | 83,683 | 4,513 | N/A | N/A | N/A |
3/31/2023 | 80,898 | 4,503 | -2,047 | 4,596 | N/A |
12/31/2022 | 77,709 | 3,968 | N/A | N/A | N/A |
9/30/2022 | 73,364 | 3,501 | 937 | 2,495 | N/A |
6/30/2022 | 67,305 | 3,289 | N/A | N/A | N/A |
3/31/2022 | 61,283 | 3,123 | 2,409 | 3,247 | N/A |
12/31/2021 | 57,109 | 3,171 | N/A | N/A | N/A |
9/30/2021 | 55,068 | 3,209 | 4,878 | 5,646 | N/A |
6/30/2021 | 51,787 | 2,643 | N/A | N/A | N/A |
3/31/2021 | 47,913 | 2,066 | 6,861 | 7,695 | N/A |
12/31/2020 | 45,397 | 1,383 | N/A | N/A | N/A |
9/30/2020 | 45,392 | 1,400 | 5,826 | 6,560 | N/A |
6/30/2020 | 50,038 | 1,344 | N/A | N/A | N/A |
3/31/2020 | 57,313 | 2,125 | 2,776 | 3,256 | N/A |
12/31/2019 | 64,820 | 3,003 | N/A | N/A | N/A |
9/30/2019 | 65,086 | 2,904 | -194 | 319 | N/A |
6/30/2019 | 63,304 | 3,392 | N/A | N/A | N/A |
3/31/2019 | 59,732 | 3,254 | -2,701 | -1,154 | N/A |
12/31/2018 | 53,425 | 2,742 | N/A | N/A | N/A |
9/30/2018 | 50,229 | 2,578 | N/A | N/A | N/A |
6/30/2018 | 46,283 | 2,405 | N/A | N/A | N/A |
3/31/2018 | 44,649 | 2,321 | 3,332 | 5,336 | N/A |
12/31/2017 | 45,123 | 1,971 | N/A | N/A | N/A |
9/30/2017 | 43,393 | 1,933 | N/A | N/A | N/A |
6/30/2017 | 43,758 | 2,147 | N/A | N/A | N/A |
3/31/2017 | 44,831 | 2,230 | N/A | 3,346 | N/A |
12/31/2016 | 48,321 | 2,896 | N/A | N/A | N/A |
9/30/2016 | 51,036 | 2,891 | N/A | N/A | N/A |
6/30/2016 | 52,730 | 2,697 | N/A | N/A | N/A |
3/31/2016 | 51,450 | 2,823 | N/A | 2,526 | N/A |
12/31/2015 | 53,548 | 2,659 | N/A | N/A | N/A |
9/30/2015 | 56,218 | 2,803 | N/A | N/A | N/A |
6/30/2015 | 56,373 | 2,502 | N/A | N/A | N/A |
3/31/2015 | 53,044 | 2,098 | N/A | 3,108 | N/A |
12/31/2014 | 52,873 | 2,074 | N/A | N/A | N/A |
9/30/2014 | 51,947 | 2,120 | N/A | N/A | N/A |
6/30/2014 | 50,583 | 2,104 | N/A | N/A | N/A |
3/31/2014 | 50,999 | 2,460 | N/A | 3,213 | N/A |
12/31/2013 | 51,821 | 2,551 | N/A | N/A | N/A |
9/30/2013 | 52,115 | 2,685 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500411's forecast earnings growth (16.7% per year) is above the savings rate (6.7%).
Earnings vs Market: 500411's earnings (16.7% per year) are forecast to grow faster than the Indian market (16% per year).
High Growth Earnings: 500411's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500411's revenue (13.4% per year) is forecast to grow faster than the Indian market (9.5% per year).
High Growth Revenue: 500411's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500411's Return on Equity is forecast to be low in 3 years time (18.5%).