Thermax Past Earnings Performance

Past criteria checks 4/6

Thermax has been growing earnings at an average annual rate of 19.8%, while the Machinery industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 10.7% per year. Thermax's return on equity is 14.5%, and it has net margins of 6.9%.

Key information

19.8%

Earnings growth rate

19.8%

EPS growth rate

Machinery Industry Growth21.0%
Revenue growth rate10.7%
Return on equity14.5%
Net Margin6.9%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Thermax makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BSE:500411 Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2493,2356,45311,4830
31 Dec 2388,7066,10910,9900
30 Sep 2385,9554,98810,4410
30 Jun 2383,6834,5139,9650
31 Mar 2380,8984,5039,5560
31 Dec 2277,7093,9689,1040
30 Sep 2273,3643,5018,7990
30 Jun 2267,3053,2898,3880
31 Mar 2261,2833,1238,1510
31 Dec 2157,1093,1717,9300
30 Sep 2155,0683,2097,7650
30 Jun 2151,7872,6437,6980
31 Mar 2147,9132,0667,6110
31 Dec 2045,3971,3837,6110
30 Sep 2045,3921,4007,7100
30 Jun 2050,0381,3447,8920
31 Mar 2057,3132,1258,0150
31 Dec 1964,8203,0038,4060
30 Sep 1965,0862,9048,2880
30 Jun 1963,3043,3928,1520
31 Mar 1959,7323,2548,0110
31 Dec 1853,4252,7428,0430
30 Sep 1850,2292,5787,7650
30 Jun 1846,2832,4057,3490
31 Mar 1844,6492,3217,0310
31 Dec 1745,1231,9717,1560
30 Sep 1743,3931,9337,0710
30 Jun 1743,7582,1477,0410
31 Mar 1744,8312,2307,0910
31 Dec 1648,3212,8967,5620
30 Sep 1651,0362,8917,6060
30 Jun 1652,7302,6977,4980
31 Mar 1651,4502,8236,8480
31 Dec 1553,5482,65912,2540
30 Sep 1556,2182,80311,2760
30 Jun 1556,3732,50211,2760
31 Mar 1553,0442,0987,3570
31 Dec 1452,8732,07410,8320
30 Sep 1451,9472,12010,8320
30 Jun 1450,5832,10410,8320
31 Mar 1450,9992,46010,8230
31 Dec 1351,8212,5519,8540
30 Sep 1352,1152,6859,8540
30 Jun 1353,7313,2069,8540

Quality Earnings: 500411 has a high level of non-cash earnings.

Growing Profit Margin: 500411's current net profit margins (6.9%) are higher than last year (5.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 500411's earnings have grown by 19.8% per year over the past 5 years.

Accelerating Growth: 500411's earnings growth over the past year (43.3%) exceeds its 5-year average (19.8% per year).

Earnings vs Industry: 500411 earnings growth over the past year (43.3%) exceeded the Machinery industry 29.1%.


Return on Equity

High ROE: 500411's Return on Equity (14.5%) is considered low.


Return on Assets


Return on Capital Employed


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