What is the share price of Thermax Limited (THERMAX) today?
The share price of THERMAX as on 17th July 2025 is ₹3885.90. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Thermax Limited (THERMAX) share?
The past returns of Thermax Limited (THERMAX) share are- Past 1 week: 6.22%
- Past 1 month: 2.93%
- Past 3 months: 14.48%
- Past 6 months: -1.97%
- Past 1 year: -21.69%
- Past 3 years: 89.24%
- Past 5 years: 424.48%
What are the peers or stocks similar to Thermax Limited (THERMAX)?
The peers or stocks similar to Thermax Limited (THERMAX) include:What is the dividend yield % of Thermax Limited (THERMAX) share?
The current dividend yield of Thermax Limited (THERMAX) is 0.38.What is the market cap of Thermax Limited (THERMAX) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Thermax Limited (THERMAX) is ₹41066.27 Cr as of 17th July 2025.What is the 52 week high and low of Thermax Limited (THERMAX) share?
The 52-week high of Thermax Limited (THERMAX) is ₹5719 and the 52-week low is ₹2950.05.What is the PE and PB ratio of Thermax Limited (THERMAX) stock?
The P/E (price-to-earnings) ratio of Thermax Limited (THERMAX) is 64.73. The P/B (price-to-book) ratio is 8.31.Which sector does Thermax Limited (THERMAX) belong to?
Thermax Limited (THERMAX) belongs to the Industrials sector & Industrial Machinery sub-sector.How to buy Thermax Limited (THERMAX) shares?
You can directly buy Thermax Limited (THERMAX) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Thermax Limited
THERMAX Share Price
THERMAX Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
THERMAX Performance & Key Metrics
THERMAX Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
64.73 | 8.31 | 0.38% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.71 | 6.42 | 0.61% |
from 19 analysts
Price Upside
Earnings Growth
Rev. Growth
THERMAX Company Profile
Thermax Limited is engaged in the business of manufacture and sale of boilers, heating and cooling equipment, industrial chemicals, and water and waste management equipment.
THERMAX Forecast
THERMAX Forecasts
Price
Revenue
Earnings
THERMAX Share Price Forecast
THERMAX Share Price Forecast
All values in ₹
All values in ₹
THERMAX Company Revenue Forecast
THERMAX Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
THERMAX Stock EPS (Earnings Per Share) Forecast
THERMAX Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
THERMAX
THERMAX
Income
Balance Sheet
Cash Flow
THERMAX Income Statement
THERMAX Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 4,597.13 | 4,581.27 | 6,123.05 | 5,831.31 | 4,898.99 | 6,255.47 | 8,249.99 | 9,682.15 | 10,640.91 | 10,641.62 | ||||||||||
Raw Materials | 2,244.46 | 2,380.81 | 3,360.64 | 3,100.42 | 2,550.79 | 3,627.56 | 4,595.43 | 5,254.55 | 5,746.86 | 9,481.86 | ||||||||||
Power & Fuel Cost | 33.34 | 40.11 | 51.02 | 44.36 | 38.59 | 52.31 | 61.96 | 57.28 | 57.16 | |||||||||||
Employee Cost | 687.52 | 682.52 | 769.01 | 799.12 | 758.80 | 812.93 | 959.77 | 1,158.93 | 1,284.62 | |||||||||||
Selling & Administrative Expenses | 341.25 | 367.71 | 410.02 | 491.87 | 343.45 | 463.12 | 552.17 | 617.85 | 670.36 | |||||||||||
Operating & Other expenses | 761.36 | 617.98 | 1,015.65 | 889.36 | 796.96 | 751.04 | 1,323.15 | 1,488.91 | 1,722.15 | |||||||||||
EBITDA | 529.20 | 492.14 | 516.71 | 506.18 | 410.40 | 548.51 | 757.51 | 1,104.63 | 1,159.76 | 1,159.76 | ||||||||||
Depreciation/Amortization | 81.90 | 82.44 | 92.02 | 116.63 | 114.57 | 113.24 | 116.86 | 148.08 | 158.51 | 158.51 | ||||||||||
PBIT | 447.30 | 409.70 | 424.69 | 389.55 | 295.83 | 435.27 | 640.65 | 956.55 | 1,001.25 | 1,001.25 | ||||||||||
Interest & Other Items | 9.71 | 12.85 | 14.32 | 15.02 | 20.64 | 25.17 | 37.59 | 87.59 | 116.78 | 116.78 | ||||||||||
PBT | 437.59 | 396.85 | 410.37 | 374.53 | 275.19 | 410.10 | 603.06 | 868.96 | 884.47 | 884.47 | ||||||||||
Taxes & Other Items | 214.58 | 164.74 | 84.94 | 162.08 | 68.61 | 97.79 | 152.77 | 223.68 | 250.00 | 250.00 | ||||||||||
Net Income | 223.01 | 232.11 | 325.43 | 212.45 | 206.58 | 312.31 | 450.29 | 645.28 | 634.47 | 634.47 | ||||||||||
EPS | 19.80 | 20.61 | 28.90 | 18.87 | 18.34 | 27.73 | 39.98 | 57.30 | 56.34 | 56.34 | ||||||||||
DPS | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 | 9.00 | 10.00 | 12.00 | 14.00 | 12.00 | ||||||||||
Payout ratio | 0.30 | 0.29 | 0.24 | 0.37 | 0.38 | 0.32 | 0.25 | 0.21 | 0.25 | 0.21 |
THERMAX Company Updates
THERMAX Stock Peers
THERMAX Past Performance & Peer Comparison
THERMAX Past Performance & Peer Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Thermax Limited | 64.73 | 8.31 | 0.38% |
Cummins India Ltd | 49.45 | 14.96 | 1.44% |
AIA Engineering Ltd | 29.79 | 4.74 | 0.48% |
Timken India Ltd | 57.28 | 10.60 | 1.06% |
THERMAX Stock Price Comparison
Compare THERMAX with any stock or ETFTHERMAX Holdings
THERMAX Shareholdings
THERMAX Promoter Holdings Trend
THERMAX Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
THERMAX Institutional Holdings Trend
THERMAX Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
THERMAX Shareholding Pattern
THERMAX Shareholding Pattern
THERMAX Shareholding History
THERMAX Shareholding History
Mutual Funds Invested in THERMAX
Mutual Funds Invested in THERMAX
No mutual funds holding trends are available
Top 5 Mutual Funds holding Thermax Limited
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.8412% | Percentage of the fund’s portfolio invested in the stock 2.04% | Change in the portfolio weight of the stock over the last 3 months -0.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/35 (-7) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.8318% | Percentage of the fund’s portfolio invested in the stock 1.37% | Change in the portfolio weight of the stock over the last 3 months -0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/62 (-6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.4399% | Percentage of the fund’s portfolio invested in the stock 1.10% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 31/55 (-7) |
Compare 3-month MF holding change on Screener
smallcases containing THERMAX stock
smallcases containing THERMAX stock
Looks like this stock is not in any smallcase yet.
THERMAX Events
THERMAX Events
THERMAX Dividend Trend
THERMAX has increased dividends consistently over the last 5 years
Current dividend yield is 0.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.84 every year
Dividends
Corp. Actions
Announcements
Legal Orders
THERMAX Dividend Trend
THERMAX has increased dividends consistently over the last 5 years
Current dividend yield is 0.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.84 every year
THERMAX Upcoming Dividends
THERMAX Upcoming Dividends
No upcoming dividends are available
THERMAX Past Dividends
THERMAX Past Dividends
Cash Dividend
Ex DateEx DateJul 4, 2025
Dividend/Share
₹14.00
Ex DateEx Date
Jul 4, 2025
Cash Dividend
Ex DateEx DateJul 5, 2024
Dividend/Share
₹12.00
Ex DateEx Date
Jul 5, 2024
Cash Dividend
Ex DateEx DateJul 21, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Jul 21, 2023
Cash Dividend
Ex DateEx DateJul 21, 2022
Dividend/Share
₹9.00
Ex DateEx Date
Jul 21, 2022
Cash Dividend
Ex DateEx DateJul 22, 2021
Dividend/Share
₹7.00
Ex DateEx Date
Jul 22, 2021
THERMAX Stock News & Opinions
THERMAX Stock News & Opinions
PNC Infratech Ltd, AWL Agri Business Ltd, Godawari Power & Ispat Ltd, Sona BLW Precision Forgings Ltd are among the other stocks to see a surge in volumes on NSE today, 17 July 2025.Thermax Ltd saw volume of 33.76 lakh shares by 14:14 IST on NSE, a 25.31 fold spurt over two-week average daily volume of 1.33 lakh shares. The stock increased 8.04% to Rs.3,939.00. Volumes stood at 7.87 lakh shares in the last session.PNC Infratech Ltd notched up volume of 67.98 lakh shares by 14:14 IST on NSE, a 22.23 fold spurt over two-week average daily volume of 3.06 lakh shares. The stock rose 3.34% to Rs.321.65. Volumes stood at 8.47 lakh shares in the last session.AWL Agri Business Ltd witnessed volume of 206.81 lakh shares by 14:14 IST on NSE, a 10.67 times surge over two-week average daily volume of 19.39 lakh shares. The stock increased 5.68% to Rs.277.25. Volumes stood at 19.07 lakh shares in the last session.Godawari Power & Ispat Ltd witnessed volume of 81.02 lakh shares by 14:14 IST on NSE, a 9.38 times surge over two-week average daily volume of 8.63 lakh shares. The stock increased 2.63% to Rs.191.11. Volumes stood at 7.88 lakh shares in the last session.Sona BLW Precision Forgings Ltd saw volume of 259.15 lakh shares by 14:14 IST on NSE, a 8.72 fold spurt over two-week average daily volume of 29.72 lakh shares. The stock increased 6.29% to Rs.483.65. Volumes stood at 31.74 lakh shares in the last session.Powered by Capital Market - Live
Thermax Ltd rose for a third straight session today. The stock is quoting at Rs 4032.4, up 10.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 25177.45. The Sensex is at 82481.38, down 0.19%. Thermax Ltd has added around 14.92% in last one month. Meanwhile, Nifty Energy index of which Thermax Ltd is a constituent, has added around 2.39% in last one month and is currently quoting at 36350.9, up 0.47% on the day. The volume in the stock stood at 21.49 lakh shares today, compared to the daily average of 1.53 lakh shares in last one month.The PE of the stock is 86.27 based on TTM earnings ending March 25.Powered by Capital Market - Live
Thermax will hold a meeting of the Board of Directors of the Company on 31 July 2025.Powered by Capital Market - Live
Thermax announced that the 44th Annual General Meeting(AGM) of the company will be held on 31 July 2025.Powered by Capital Market - Live
Securities in F&O Ban: Central Depository Services (India)(CDSL), RBL Bank, Manappuram Finance shares are banned from F&O Trading on 12 May 2025. Upcoming Results: Tata Steel, Bajaj Electricals, Carborundum Universal, CARE Ratings, Chalet Hotels, DCW, Garden Reach Shipbuilders & Engineers, Happiest Minds Technologies, JM Financial, Jyothy Labs, Krishna Institute of Medical Sciences, Kewal Kiran Clothing, Krsnaa Diagnostics, Man Industries (India), Morepen Laboratories, PG Electroplast, Prudent Corporate Advisory Services, PVR Inox, Raymond, Raymond Lifestyle, Sagar Cement, SRF, UPL, Venkys (India) and Zaggle Prepaid Ocean Services will declare their result later today. Stocks to Watch: Thermax's consolidated net profit jumped 8.09% to Rs 205.90 crore in Q4 FY25 as against Rs 190.33 crore posted in Q4 FY24. Revenue from operations grew by 11.62% YoY to Rs 3,084.93 crore in the quarter ended 31 March 2025. Bank of India's standalone net profit jumped 82.49% year-on-year (YoY) to Rs 2,625.91 crore, compared to Rs 1,438.91 crore in Q4 FY24. Total income for the quarter jumped 21.42% YoY to Rs 21,750.80 crore. Dr. Reddy's Laboratories reported a consolidated net profit of Rs 1,594 crore for the quarter ended March 2025 (Q4FY25), marking a 22% year-on-year increase from Rs 1,307 crore in the same period last year. Revenue from operations rose 20% year-on-year to Rs 8,506 crore, compared to Rs 7,083 crore in Q4FY24. Swiggy reported a net loss of Rs 1,081.18 crore for the quarter ended March 2025 (Q4 FY25), nearly doubling from Rs 554.77 crore in the same quarter last year. Revenue from operations rose 44.8% year-on-year to Rs 4,410.02 crore in Q4FY25. Reliance Power reported a consolidated net profit of Rs 125.60 crore for Q4 FY25, marking a significant turnaround from a net loss of Rs 397.56 crore in Q4 FY24. Revenue from operations grew by 0.93%, reaching Rs 1,978.01 crore compared to Rs 1,996.65 crore in the previous year. Relaxo Footwear's consolidated net profit fell 8.4% to Rs 56.22 crore in Q4 FY25 as compared with Rs 61.39 crore in Q4 FY24. Revenue from operations fell 7.1% to Rs 695.15 crore in the quarter ended 31st March 2025.Powered by Capital Market - Live
Revenue from operations grew by 11.62% to Rs 3,084.93 crore in the quarter ended 31 March 2025. Profit before tax (PBT) was at Rs 300.64 crore in Q4 FY25, up 19.84% as against Rs 250.86 crore posted in Q4 FY24. On the segmental front, revenue from industrial products stood at Rs 1,430.41 crore (up 18.47% YoY), revenue from industrial infra stood at Rs 1,415.19 crore (up 4.32% YoY), revenue from green solutions stood at Rs 151.87 crore (up 4.14% YoY) and revenue from chemical segment stood at Rs 210.10 crore (up 36.32% YoY) during the quarter. As of 31 March 2025, the order balance stood at Rs 10,693 crore, reflecting a 6% increase from Rs 10,111 crore in the corresponding quarter of the previous year. Order booking for the quarter was Rs 2,119 crore, representing an 8% decline compared to Rs 2,309 crore in the same quarter of the previous fiscal year. The quarterly results were affected by the recognition of higher technology intervention costs amounting to Rs 66 crore in Bio-CNG projects under the industrial infra segment. On standalone basis, the company's net profit zoomed 113.96% to Rs 275.05 crore in Q4 FY25 as against Rs 128.55 crore posted in Q4 FY24. Revenue from operations added 13.46% YoY to Rs 1,971.65 crore posted in Q4 FY25. The order booking for the quarter declined by 6% to Rs 1,526 crore, compared to Rs 1,623 crore in the same period last year. The order backlog as of 31 March 2025 stood at Rs 6,026 crore, a decrease of 3% from Rs 6,213 crore. Meanwhile, the board has recommended a dividend of Rs 14 per share for FY 2024-25. The record date for payment of dividend is fixed as Friday, 4 July 2025. Further, the board has approved the re-appointment of Ashish Bhandari as managing director, chief executive officer, and key managerial personnel of the company for a further term of five years, effective from September 1, 2025, to 31 August 2030. Thermax, a leading energy and environment solutions provider, is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, Europe and Southeast Asia. Shares of Thermax advanced 2.47% to Rs 3,234.75 on Friday, 9 May 2025.Powered by Capital Market - Live
Thermax announced that the Board of Directors of the Company at its meeting held on 9 May 2025, inter alia, have recommended the final dividend of Rs 14 per equity Share (i.e. 700%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Thermax rose 8.09% to Rs 205.73 crore in the quarter ended March 2025 as against Rs 190.33 crore during the previous quarter ended March 2024. Sales rose 11.62% to Rs 3084.93 crore in the quarter ended March 2025 as against Rs 2763.68 crore during the previous quarter ended March 2024. For the full year,net profit declined 1.68% to Rs 634.47 crore in the year ended March 2025 as against Rs 645.28 crore during the previous year ended March 2024. Sales rose 11.43% to Rs 10388.69 crore in the year ended March 2025 as against Rs 9323.46 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3084.932763.68 12 10388.699323.46 11 OPM %9.719.88 -8.748.54 - PBDT345.98300.74 15 1042.98941.55 11 PBT300.64250.86 20 884.47793.47 11 NP205.73190.33 8 634.47645.28 -2 Powered by Capital Market - Live
Thermax will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live
Thermax announced that the Ministry of Corporate Affairs (MCA) has issued certificate of incorporation in the name of 'Fortmax Chemicals India' (FCIPL) on 11 April 2025. Accordingly, FCIPL has become a wholly owned step-down subsidiary of the Company.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 12.78%, vs industry avg of 14.19%
Over the last 5 years, market share decreased from 9.2% to 8.16%
Over the last 5 years, net income has grown at a yearly rate of 24.46%, vs industry avg of 25.55%