Thermax Past Earnings Performance
Past criteria checks 5/6
Thermax has been growing earnings at an average annual rate of 16.3%, while the Machinery industry saw earnings growing at 21.9% annually. Revenues have been growing at an average rate of 9.5% per year. Thermax's return on equity is 15.3%, and it has net margins of 6.9%.
Key information
16.3%
Earnings growth rate
16.3%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 9.5% |
| Return on equity | 15.3% |
| Net Margin | 6.9% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thermax makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 88,706 | 6,109 | 10,990 | 0 |
| 30 Sep 23 | 85,955 | 4,988 | 10,441 | 0 |
| 30 Jun 23 | 83,683 | 4,513 | 9,965 | 0 |
| 31 Mar 23 | 80,898 | 4,503 | 9,556 | 0 |
| 31 Dec 22 | 77,709 | 3,968 | 9,104 | 0 |
| 30 Sep 22 | 73,364 | 3,501 | 8,799 | 0 |
| 30 Jun 22 | 67,305 | 3,289 | 8,388 | 0 |
| 31 Mar 22 | 61,283 | 3,123 | 8,151 | 0 |
| 31 Dec 21 | 57,109 | 3,171 | 7,930 | 0 |
| 30 Sep 21 | 55,068 | 3,209 | 7,765 | 0 |
| 30 Jun 21 | 51,787 | 2,643 | 7,698 | 0 |
| 31 Mar 21 | 47,913 | 2,066 | 7,611 | 0 |
| 31 Dec 20 | 45,397 | 1,383 | 7,611 | 0 |
| 30 Sep 20 | 45,392 | 1,400 | 7,710 | 0 |
| 30 Jun 20 | 50,038 | 1,344 | 7,892 | 0 |
| 31 Mar 20 | 57,313 | 2,125 | 8,015 | 0 |
| 31 Dec 19 | 64,820 | 3,003 | 8,406 | 0 |
| 30 Sep 19 | 65,086 | 2,904 | 8,288 | 0 |
| 30 Jun 19 | 63,304 | 3,392 | 8,152 | 0 |
| 31 Mar 19 | 59,732 | 3,254 | 8,011 | 0 |
| 31 Dec 18 | 53,425 | 2,742 | 8,043 | 0 |
| 30 Sep 18 | 50,229 | 2,578 | 7,765 | 0 |
| 30 Jun 18 | 46,283 | 2,405 | 7,349 | 0 |
| 31 Mar 18 | 44,649 | 2,321 | 7,031 | 0 |
| 31 Dec 17 | 45,123 | 1,971 | 7,156 | 0 |
| 30 Sep 17 | 43,393 | 1,933 | 7,071 | 0 |
| 30 Jun 17 | 43,758 | 2,147 | 7,041 | 0 |
| 31 Mar 17 | 44,831 | 2,230 | 7,091 | 0 |
| 31 Dec 16 | 48,321 | 2,896 | 7,562 | 0 |
| 30 Sep 16 | 51,036 | 2,891 | 7,606 | 0 |
| 30 Jun 16 | 52,730 | 2,697 | 7,498 | 0 |
| 31 Mar 16 | 51,450 | 2,823 | 6,848 | 0 |
| 31 Dec 15 | 53,548 | 2,659 | 12,254 | 0 |
| 30 Sep 15 | 56,218 | 2,803 | 11,276 | 0 |
| 30 Jun 15 | 56,373 | 2,502 | 11,276 | 0 |
| 31 Mar 15 | 53,044 | 2,098 | 7,357 | 0 |
| 31 Dec 14 | 52,873 | 2,074 | 10,832 | 0 |
| 30 Sep 14 | 51,947 | 2,120 | 10,832 | 0 |
| 30 Jun 14 | 50,583 | 2,104 | 10,832 | 0 |
| 31 Mar 14 | 50,999 | 2,460 | 10,823 | 0 |
| 31 Dec 13 | 51,821 | 2,551 | 9,854 | 0 |
| 30 Sep 13 | 52,115 | 2,685 | 9,854 | 0 |
| 30 Jun 13 | 53,731 | 3,206 | 9,854 | 0 |
Quality Earnings: 500411 has high quality earnings.
Growing Profit Margin: 500411's current net profit margins (6.9%) are higher than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 500411's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: 500411's earnings growth over the past year (54%) exceeds its 5-year average (16.3% per year).
Earnings vs Industry: 500411 earnings growth over the past year (54%) exceeded the Machinery industry 29.8%.
Return on Equity
High ROE: 500411's Return on Equity (15.3%) is considered low.