Thermax Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of THERMAX?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders6,0000.00533%
State or Government146,6330.13%
VC/PE Firms6,118,0735.43%
General Public9,900,9818.79%
Institutions22,599,75620.1%
Private Companies73,849,30565.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 90.29% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
65.6%
ARA Trusteeship Company Private Limited
73,849,305₹259.4b0%no data
6.09%
SBI Funds Management Limited
6,862,176₹24.1b0%0.29%
5.43%
Nalanda Capital Pte Ltd
6,118,073₹21.5b0%5.4%
4.4%
Kotak Mahindra Asset Management Company Limited
4,957,556₹17.4b0%0.54%
1.43%
Kotak Mahindra Asset Management (Singapore) Pte. Ltd.
1,609,883₹5.7b0%1.42%
1.4%
The Vanguard Group, Inc.
1,573,220₹5.5b6.22%no data
1.39%
BlackRock, Inc.
1,565,884₹5.5b-0.26%no data
1.36%
Tata AIA Life Insurance Company Ltd., Asset Management Arm
1,527,466₹5.4b0%2.65%
0.67%
Fidelity International Ltd
755,812₹2.7b0%0.01%
0.65%
Tata Asset Management Limited
729,581₹2.6b0.46%0.25%
0.38%
Aditya Birla Sun Life AMC Limited
429,515₹1.5b-25.1%0.08%
0.34%
Norges Bank Investment Management
381,647₹1.3b0%no data
0.17%
Geode Capital Management, LLC
194,670₹683.8m1.15%no data
0.13%
Investor Education and Protection Fund (IEPF)
146,633₹515.1m0%no data
0.12%
ALPS Advisors, Inc.
140,574₹493.8m-4.89%0.03%
0.11%
UBS Asset Management AG
121,600₹427.2m0%no data
0.098%
Dimensional Fund Advisors LP
110,911₹389.6m-0.03%no data
0.085%
Canara Robeco Asset Management Company Limited
95,879₹336.8m7.76%0.03%
0.071%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
80,008₹281.1m0%no data
0.07%
Fideuram Asset Management (Ireland) DAC
78,974₹277.4m0%0.02%
0.068%
Robeco Hong Kong Ltd
76,653₹269.3m0%0.33%
0.068%
Franklin Resources, Inc.
76,141₹267.5m7.09%no data
0.063%
Sundaram Asset Management Company Ltd.
71,427₹250.9m225%0.05%
0.063%
Phoenix Unit Trust Managers Limited
70,731₹248.5m0%0.01%
0.058%
Baroda BNP Paribas Mutual Fund
65,000₹228.4m0%0.1%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 19:39
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Thermax Limited is covered by 51 analysts. 21 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