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THERMAX logo

Thermax NSEI:THERMAX Stock Report

Last Price

₹4.44k

Market Cap

₹500.3b

7D

-7.4%

1Y

45.0%

Updated

24 Dec, 2024

Data

Company Financials +

THERMAX Stock Overview

Provides energy, environment, and chemical solutions in India and internationally. More details

THERMAX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends4/6

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₹4.41k
FV
0.8% overvalued intrinsic discount
14.54%
Revenue growth p.a.
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6 days ago author updated this narrative

Thermax Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thermax
Historical stock prices
Current Share Price₹4,442.50
52 Week High₹5,839.95
52 Week Low₹2,977.00
Beta0.42
1 Month Change-1.03%
3 Month Change-14.56%
1 Year Change44.98%
3 Year Change149.11%
5 Year Change310.35%
Change since IPO7,022.82%

Recent News & Updates

Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Dec 13
Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Thermax's (NSE:THERMAX) Shareholders Should Assess Earnings With Caution

Nov 21
Thermax's (NSE:THERMAX) Shareholders Should Assess Earnings With Caution

Recent updates

Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Dec 13
Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Thermax's (NSE:THERMAX) Shareholders Should Assess Earnings With Caution

Nov 21
Thermax's (NSE:THERMAX) Shareholders Should Assess Earnings With Caution

The Returns At Thermax (NSE:THERMAX) Aren't Growing

Nov 09
The Returns At Thermax (NSE:THERMAX) Aren't Growing

Thermax Limited's (NSE:THERMAX) Share Price Matching Investor Opinion

Oct 13
Thermax Limited's (NSE:THERMAX) Share Price Matching Investor Opinion

Thermax Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 04
Thermax Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Thermax (NSE:THERMAX) Has Some Way To Go To Become A Multi-Bagger

Aug 02
Thermax (NSE:THERMAX) Has Some Way To Go To Become A Multi-Bagger

Is Thermax (NSE:THERMAX) A Risky Investment?

Jul 02
Is Thermax (NSE:THERMAX) A Risky Investment?

Thermax (NSE:THERMAX) Has Some Way To Go To Become A Multi-Bagger

May 03
Thermax (NSE:THERMAX) Has Some Way To Go To Become A Multi-Bagger

Revenues Tell The Story For Thermax Limited (NSE:THERMAX) As Its Stock Soars 26%

Apr 06
Revenues Tell The Story For Thermax Limited (NSE:THERMAX) As Its Stock Soars 26%

Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Mar 24
Does Thermax (NSE:THERMAX) Have A Healthy Balance Sheet?

Thermax Limited's (NSE:THERMAX) Share Price Matching Investor Opinion

Jan 08
Thermax Limited's (NSE:THERMAX) Share Price Matching Investor Opinion

Shareholder Returns

THERMAXIN MachineryIN Market
7D-7.4%-5.5%-4.2%
1Y45.0%30.3%19.4%

Return vs Industry: THERMAX exceeded the Indian Machinery industry which returned 30.3% over the past year.

Return vs Market: THERMAX exceeded the Indian Market which returned 19.4% over the past year.

Price Volatility

Is THERMAX's price volatile compared to industry and market?
THERMAX volatility
THERMAX Average Weekly Movement5.1%
Machinery Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: THERMAX has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: THERMAX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19665,225Ashish Bhandariwww.thermaxglobal.com

Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The company offers vapour absorption and hybrid chillers, triple effect chillers, chiller-heaters, heat pumps, heat pump chillers, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, and air-cooled heat exchangers; industrial refrigeration; and renewable energy solutions.

Thermax Limited Fundamentals Summary

How do Thermax's earnings and revenue compare to its market cap?
THERMAX fundamental statistics
Market cap₹500.32b
Earnings (TTM)₹7.42b
Revenue (TTM)₹98.84b

67.5x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THERMAX income statement (TTM)
Revenue₹98.84b
Cost of Revenue₹55.31b
Gross Profit₹43.53b
Other Expenses₹36.12b
Earnings₹7.42b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 05, 2025

Earnings per share (EPS)65.84
Gross Margin44.04%
Net Profit Margin7.50%
Debt/Equity Ratio31.4%

How did THERMAX perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

21%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 18:51
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thermax Limited is covered by 53 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Amol RaoAnand Rathi Shares and Stock Brokers Limited
Puneet BambhaAngel Broking Private Limited