loader2
Partner With Us NRI

Thermax Ltd share Price Today

Company details

4,717.55
4,877.00
2,191.85
4,877.00
6M Return 54.27%
1Y Return 112.17%
Mkt Cap.(Cr) 57,336.68
Volume 332,744
Div Yield 0.21%
OI
-
OI Chg %
-
Volume 332,744

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Strong order inflow buoys visibility…
About The Stock

    Thermax Ltd (Thermax) offers integrated solutions in the areas of energy and environment – heating, cooling, power, water & waste management, air pollution control and chemicals.
     It operates in three key segments energy (~70.7% of FY22 revenue), environment segment (~20.6%) and chemicals segment (~8.7%)
     Focus to increase product & services share (~50% in FY22) vs. projects

Q4FY22

    Thermax reported decent Q4FY22 results.
     Consolidated revenue at ₹ 1991.9 crore, up 26.5% YoY, owing to better execution
     EBITDA came in at ₹ 135.2 crore, down 3.2% YoY, impacted by higher commodity prices and freight cost
     Adjusted PAT came in at ₹ 102.6 crore, down 4.4% YoY
     Order inflows for Q4FY22 was robust at ₹ 3396 crore, up ~127% YoY

Click here for full recommendation

Research view on more stocks

Heavy Electrical Equipment company Thermax announced Q3FY24 results:

Consolidated Q3FY24:

  • Revenue Growth: Thermax Group's consolidated operating revenue stood at Rs 2,324 crore, marking a 13% increase from Rs 2,049 crore in the same quarter of the previous fiscal year.
  • Net Profit Increase: The consolidated profit after tax (PAT) surged by 88% to Rs 237 crore, up from Rs 126 crore in the corresponding quarter of the previous fiscal year.
  • Exceptional Gain: Included in the current year's profit is an exceptional gain of Rs 126 crore resulting from the transfer of leasehold rights on a vacant plot of land.
  • Profit Before Tax and Exceptional Items: The figure was reported at Rs 183 crore, an 11% rise from Rs 165 crore in Q3 FY '23.
  • Order Balance: As of December 31, 2023, it stood at Rs 10,717 crore, indicating a 9% year-on-year increase from Rs 9,859 crore.
  • Order Booking: The company booked 14% more orders in the quarter, tallying Rs 2,506 crore compared to Rs 2,204 crore in the previous year.

Standalone Q3FY24:

  • Operating Revenue: Reported an 11% growth to Rs 1,480 crore, compared to Rs 1,331 crore in the same quarter of the last fiscal year.
  • Standalone PAT: Saw a 123% increase, reaching Rs 201 crore, benefiting significantly from the exceptional gain on the sale of assets.
  • Order Booking and Balance: The order booking increased by 17% over the previous year to Rs 1,154 crore. The order balance noted a slight 2% decrease to Rs 6,258 crore from Rs 6,358 crore.

Result PDF

View Other Company Results

Thermax Ltd shares SWOT Analysis

Strengths (19)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (0)

Data not found

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (2)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 4,886.8
R2 4,961.6
R3 5,046.2
Pivot

4,802.15

S1 4,727.3
S2 4,642.7
S3 4,567.9
EMA SMA
4,379.1
3,959.0
3,590.3
3,199.6
4,334.7
3,857.1
3,410.9
3,073.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 3028.75 131540 BSE
MARSHALLWACEINVESTMENTSTRATEGIESMARKETNEUTRALTOPSFUND Block Purchase 2024-01-25 3028.75 37638 BSE
MARSHALL WACE INVESTMENT STRATEGIESGTOPS FUND Block Purchase 2024-01-25 3028.75 1137 BSE
Name Category Shares
RDA HOLDINGS PRIVATE LTD PROMOTER 53.99%
ARA TRUSTEESHIP COMPANY PRIVATE LIMITED PROMOTER 7.99%

OUR RESEARCH VIEW

Investment recommendation
Strong order inflow buoys visibility…
Call Date
23 May 2022
Entry Price 2,025.00
Target Price 2,450.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Thermax Ltd Stocks COMPARISON

Financials( in Cr) Thermax Ltd Cummins India Ltd Carborundum Universal Ltd Grindwell Norton Ltd Elgi Equipments Ltd
Price 4,811.90 3,038.25 1,251.20 2,041.30 623.55
% Change 1.46 -2.75 2.24 0.34 -0.38
Mcap Cr 57,336.68 84,220.29 23,779.68 22,601.27 19,760.86
Revenue TTM Cr 8,089.81 7,772.09 4,654.28 2,012.76 3,040.70
Net Profit TTM Cr 450.70 1,228.15 441.70 295.08 370.81
PE TTM 104.80 55.02 64.49 57.81 48.71
1 Year Return 112.17 103.91 26.17 9.65 31.11
ROCE 14.53 26.89 20.69 27.49 24.20
ROE 12.25 22.53 17.04 20.97 23.77
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,868.07 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,396.48 -4,381.83
LAST 3M 82,644.28 31,619.26
LAST 6M 141,441.37 66,162.53
LAST 12M 215,515.77 196,008.04
Thermax Limited - Loss of Share Certificates

Apr 15, 2024 l NSE Announcement

Thermax unveils new state-of-the-art manufacturing unit for water and waste solutions

Apr 15, 2024 l BSE Announcement

Date Action Type Ratio
Jul 21, 2023 Dividend 500
Jul 21, 2022 Dividend 450

Thermax Ltd Information

Stock PE (TTM)
104.8
Promoter Holding
61.98%
Book Value
334.8536
ROCE
14.53%
ROE
12.25%
Registered Address

D-13 MIDC Industrial Area, R D Aga Road Chinchwad, Pune, Maharashtra, 411019

Tel : 91-20-66122100/66155000
Email : igkcpl:karvy.com
Website : http://www.thermaxindia.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 500411
NSE Code : THERMAX
Book Closure Date (Month) :
BSE Group : A
ISIN : INE152A01029

FAQ’s on Thermax Ltd Shares

You can buy Thermax Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Thermax Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:55 PM the closing price of Thermax Ltd was ₹ 4,811.90.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:55 PM, the market cap of Thermax Ltd stood at ₹ 57,336.68.

The latest PE ratio of Thermax Ltd as of Apr 19, 2024 03:55 PM is 104.8

The latest PB ratio of Thermax Ltd as of Apr 19, 2024 03:55 PM is 0.07

The 52-week high of Thermax Ltd share price is ₹ 4,877.00 while the 52-week low is ₹ 2,191.85

According to analyst recommendations, Thermax Ltd Share has a “Buy” rating for the long term.

Download Our

Download App
market app