Thermax Limited

Thermax announced that the Annual General Meeting(AGM) of the company will be held on 30 July 2026.

Thermax announced that the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT) has passed an order approving the Scheme of Merger by Absorption of Buildtech Products India with the Company.

Thermax Ltd rose for a third straight session today. The stock is quoting at Rs 4970, up 8.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.23% on the day, quoting at 23851.2. The Sensex is at 75767.34, down 0.13%. Thermax Ltd has added around 21.89% in last one month. Meanwhile, Nifty Energy index of which Thermax Ltd is a constituent, has added around 1.34% in last one month and is currently quoting at 41535.75, down 0.52% on the day. The volume in the stock stood at 10.97 lakh shares today, compared to the daily average of 4.5 lakh shares in last one month.The PE of the stock is 94.73 based on TTM earnings ending March 26.Powered by Capital Market - Live

Consolidated profit after tax stood at Rs 244.28 crore in Q4 FY26, up 18.74% from Rs 205.73 crore in Q4 FY25 and up 19.64% from Rs 204.18 crore in Q3 FY26. Revenue from operations increased 12.53% to Rs 3,428.04 crore in Q4 FY26 from Rs 3,046.40 crore in the corresponding quarter last year. Revenue rose 30.11% sequentially from Rs 2,634.68 crore in Q3 FY26. Profit before tax stood at Rs 334.13 crore in Q4 FY26, up 11.14% YoY from Rs 300.64 crore and higher by 15.75% QoQ from Rs 288.67 crore. On the cost front, raw material consumed rose 7.68% YoY to Rs 1,747.60 crore. Employee expenses climbed 17.90% YoY to Rs 391.46 crore. Interest costs rose 35.52% YoY to Rs 42.35 crore, while depreciation expense increased 19.12% YoY to Rs 54.01 crore. As of 31 March 2026, order balance stood at Rs 13,604 crore compared with Rs 10,693 crore a year earlier, reflecting a 27.22% increase. Order booking during the quarter jumped 111.89% to Rs 4,490 crore from Rs 2,119 crore in the corresponding quarter of the previous fiscal year. For the full year ended 31 March 2026, consolidated revenue increased 3.13% to Rs 10,694.15 crore from Rs 10,369.26 crore in FY25. Profit before tax rose 13.96% to Rs 1,007.94 crore from Rs 884.47 crore, while profit after tax increased 13.56% to Rs 720.50 crore. Net cash generated from operating activities declined to Rs 541.55 crore in FY26 from Rs 1,079.79 crore in FY25. Thermax is an energy and environment solutions company focused on supporting the energy transition. Its portfolio spans clean air, clean energy, clean water and chemical solutions. The company operates 16 manufacturing facilities across India, Europe and Southeast Asia and has more than 45 Indian and international subsidiaries. Powered by Capital Market - Live

Thermax announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the special dividend of Rs 6 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

Thermax announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 14 per equity Share (i.e. 700%) , subject to the approval of the shareholders.

Thermax Ltd rose 6.2% today to trade at Rs 4441.85. The BSE Capital Goods index is up 0.71% to quote at 80892.99. The index is up 16.49 % over last one month. Among the other constituents of the index, Siemens Energy India Ltd increased 2.88% and Timken India Ltd added 1.78% on the day. The BSE Capital Goods index went up 30.85 % over last one year compared to the 3.58% fall in benchmark SENSEX. Thermax Ltd has added 34.55% over last one month compared to 16.49% gain in BSE Capital Goods index and 0.13% drop in the SENSEX. On the BSE, 8379 shares were traded in the counter so far compared with average daily volumes of 29777 shares in the past one month. The stock hit a record high of Rs 4444.9 on 08 May 2026. The stock hit a 52-week low of Rs 2744.2 on 08 Dec 2025.Powered by Capital Market - Live

Net profit of Thermax rose 18.74% to Rs 244.28 crore in the quarter ended March 2026 as against Rs 205.73 crore during the previous quarter ended March 2025. Sales rose 12.53% to Rs 3428.04 crore in the quarter ended March 2026 as against Rs 3046.40 crore during the previous quarter ended March 2025. For the full year,net profit rose 13.56% to Rs 720.50 crore in the year ended March 2026 as against Rs 634.47 crore during the previous year ended March 2025. Sales rose 3.13% to Rs 10694.15 crore in the year ended March 2026 as against Rs 10369.26 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3428.043046.40 13 10694.1510369.26 3 OPM %10.929.84 -9.598.75 - PBDT385.68345.98 11 1154.371042.98 11 PBT331.67300.64 10 946.73884.47 7 NP244.28205.73 19 720.50634.47 14 Powered by Capital Market - Live

Thermax has fixed 03 July 2026 as record date for payment of final dividend of Rs 14 per equity share and special dividend of Rs 5 per equity share on the company's 60th anniversary milestone for FY 2026.

The board of Thermax at its meeting held on 07 May 2026 has approved the appointment of Kavita Singh as the Chief Human Resources Officer and Senior Management Personnel of the Company with effect from 25 May 2026.