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Thermax NSEI:THERMAX Stock Report

Last Price

₹4.36k

Market Cap

₹490.6b

7D

-12.6%

1Y

71.2%

Updated

09 Aug, 2024

Data

Company Financials +

THERMAX Stock Overview

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

THERMAX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Thermax Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Thermax
Historical stock prices
Current Share Price₹4,356.40
52 Week High₹5,839.95
52 Week Low₹2,500.25
Beta0.39
11 Month Change-18.22%
3 Month Change-4.92%
1 Year Change71.21%
33 Year Change214.47%
5 Year Change311.97%
Change since IPO6,884.77%

Recent News & Updates

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

Recent updates

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

Thermax (NSE:THERMAX) Seems To Use Debt Quite Sensibly

Dec 17
Thermax (NSE:THERMAX) Seems To Use Debt Quite Sensibly

Here's What To Make Of Thermax's (NSE:THERMAX) Decelerating Rates Of Return

Nov 26
Here's What To Make Of Thermax's (NSE:THERMAX) Decelerating Rates Of Return

These 4 Measures Indicate That Thermax (NSE:THERMAX) Is Using Debt Safely

Sep 14
These 4 Measures Indicate That Thermax (NSE:THERMAX) Is Using Debt Safely

Here's What To Make Of Thermax's (NSE:THERMAX) Decelerating Rates Of Return

Aug 19
Here's What To Make Of Thermax's (NSE:THERMAX) Decelerating Rates Of Return

We Think Thermax (NSE:THERMAX) Can Manage Its Debt With Ease

May 19
We Think Thermax (NSE:THERMAX) Can Manage Its Debt With Ease

Returns On Capital At Thermax (NSE:THERMAX) Have Hit The Brakes

Feb 19
Returns On Capital At Thermax (NSE:THERMAX) Have Hit The Brakes

Thermax (NSE:THERMAX) Could Easily Take On More Debt

Jan 02
Thermax (NSE:THERMAX) Could Easily Take On More Debt

Returns On Capital At Thermax (NSE:THERMAX) Paint A Concerning Picture

Nov 09
Returns On Capital At Thermax (NSE:THERMAX) Paint A Concerning Picture

Capital Allocation Trends At Thermax (NSE:THERMAX) Aren't Ideal

Aug 11
Capital Allocation Trends At Thermax (NSE:THERMAX) Aren't Ideal

Thermax's (NSE:THERMAX) Upcoming Dividend Will Be Larger Than Last Year's

Jul 14
Thermax's (NSE:THERMAX) Upcoming Dividend Will Be Larger Than Last Year's

Is Thermax (NSE:THERMAX) A Risky Investment?

Jul 03
Is Thermax (NSE:THERMAX) A Risky Investment?

Thermax (NSE:THERMAX) Hasn't Managed To Accelerate Its Returns

Apr 28
Thermax (NSE:THERMAX) Hasn't Managed To Accelerate Its Returns

Thermax (NSE:THERMAX) Could Easily Take On More Debt

Mar 29
Thermax (NSE:THERMAX) Could Easily Take On More Debt

Thermax (NSE:THERMAX) Has More To Do To Multiply In Value Going Forward

Jan 22
Thermax (NSE:THERMAX) Has More To Do To Multiply In Value Going Forward

We Think Thermax (NSE:THERMAX) Can Manage Its Debt With Ease

Dec 24
We Think Thermax (NSE:THERMAX) Can Manage Its Debt With Ease

Thermax (NSE:THERMAX) Is Reinvesting At Lower Rates Of Return

Oct 22
Thermax (NSE:THERMAX) Is Reinvesting At Lower Rates Of Return

Thermax (NSE:THERMAX) Seems To Use Debt Rather Sparingly

Sep 21
Thermax (NSE:THERMAX) Seems To Use Debt Rather Sparingly

We Think Thermax (NSE:THERMAX) Can Stay On Top Of Its Debt

Jun 04
We Think Thermax (NSE:THERMAX) Can Stay On Top Of Its Debt

Returns On Capital At Thermax (NSE:THERMAX) Paint A Concerning Picture

Mar 08
Returns On Capital At Thermax (NSE:THERMAX) Paint A Concerning Picture

Can Mixed Fundamentals Have A Negative Impact on Thermax Limited (NSE:THERMAX) Current Share Price Momentum?

Jan 21
Can Mixed Fundamentals Have A Negative Impact on Thermax Limited (NSE:THERMAX) Current Share Price Momentum?

Reflecting on Thermax's (NSE:THERMAX) Share Price Returns Over The Last Three Years

Jan 06
Reflecting on Thermax's (NSE:THERMAX) Share Price Returns Over The Last Three Years

Thermax (NSE:THERMAX) Has A Pretty Healthy Balance Sheet

Dec 22
Thermax (NSE:THERMAX) Has A Pretty Healthy Balance Sheet

How Well Is Thermax (NSE:THERMAX) Allocating Its Capital?

Dec 08
How Well Is Thermax (NSE:THERMAX) Allocating Its Capital?

Here's Why We Think Thermax's (NSE:THERMAX) Statutory Earnings Might Be Conservative

Nov 23
Here's Why We Think Thermax's (NSE:THERMAX) Statutory Earnings Might Be Conservative

Shareholder Returns

THERMAXIN MachineryIN Market
7D-12.6%-6.0%-3.5%
1Y71.2%58.6%41.1%

Return vs Industry: THERMAX exceeded the Indian Machinery industry which returned 58.6% over the past year.

Return vs Market: THERMAX exceeded the Indian Market which returned 41.1% over the past year.

Price Volatility

Is THERMAX's price volatile compared to industry and market?
THERMAX volatility
THERMAX Average Weekly Movement6.0%
Machinery Industry Average Movement6.8%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.3%

Stable Share Price: THERMAX's share price has been volatile over the past 3 months.

Volatility Over Time: THERMAX's weekly volatility (6%) 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₹490.62b
Earnings (TTM)₹7.02b
Revenue (TTM)₹95.75b

69.9x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THERMAX income statement (TTM)
Revenue₹95.75b
Cost of Revenue₹53.71b
Gross Profit₹42.04b
Other Expenses₹35.02b
Earnings₹7.02b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 13, 2024

Earnings per share (EPS)62.35
Gross Margin43.91%
Net Profit Margin7.33%
Debt/Equity Ratio28.8%

How did THERMAX perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

21%

Payout Ratio
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