Thermon Group Holdings (THR) Financials

$61.14

$-5.67 (-8.49%)

As on 29-May-2026 16:03EDT

Market cap

$2,014 Mln

Revenue (TTM)

$536 Mln

P/E Ratio

45

P/B Ratio

3.7

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Operating Revenue	536.26	498.21	494.63	440.59	355.67	276.18
Cost of Revenue	293.21	275.31	283.07	255.47	215.56	159.31
Gross Profit	243.06	222.90	211.56	185.13	140.12	116.87
Operating Expenses	172.32	143.14	136.19	129.94	101.71	109.47
Operating Profit (EBIT)	70.74	79.76	75.37	55.19	38.41	7.41
Other Income	--	--	--	-0.09	-4.17	2.21
Profit before Tax	64.23	70.12	67.67	49.23	28.43	-0.64
Provision for Tax	19.66	16.60	16.09	15.57	8.33	-1.52
Profit after Tax (Net Income)	44.57	53.52	51.59	33.67	20.09	0.88
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	53.52	51.59	33.67	20.09	1.17

Liabilities ($ Mln)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Shareholder's Funds	538.71	495.32	474.89	418.99	399.20	378.87
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	165.03	147.47	183.58	120.57	156.47	186.21
Current Liabilities	126.84	112.66	109.27	110.07	81.00	52.80
Total Liabilities	830.58	755.45	767.74	649.63	636.67	617.88

Assets ($ Mln)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Non-Current Assets	489.37	481.16	493.14	398.69	392.23	411.07
Current Assets	341.20	274.29	274.60	250.94	244.44	206.81
Total Assets	830.58	755.45	767.74	649.63	636.67	617.88
Total Debt*	157.87	151.69	187.49	128.28	141.64	161.40
Net Current Assets	214.37	161.63	165.33	140.87	163.44	154.38

Cashflow ($ Mln)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Cash From Operating Activities	46.80	63.12	65.96	57.71	28.75	30.29
Cash Flow from Investing Activities	-13.08	-14.97	-109.52	-44.56	-4.53	-7.83
Cash from Financing Activities	-17.32	-56.42	56.53	-13.47	-22.66	-28.21
Net Cash Inflow / Outflow	--	--	--	-0.31	1.57	-5.75

Financials Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Adjusted EPS ($)	1.34	1.57	1.51	0.99	0.60	0.03
Cash EPS ($)	2.02	2.23	2.06	1.56	1.20	0.31
Adjusted Book Value ($)	16.22	14.54	13.87	12.33	11.84	11.41
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	1.41	1.85	1.93	1.70	0.85	0.91
Free Cash Flow per Share ($)	0.99	1.55	1.60	1.42	0.70	0.67

Profitability Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
ROCE (%)	6.63	8.17	8.53	6.19	3.72	0.16
ROE (%)	8.62	11.03	11.54	8.23	5.16	0.24
ROA (%)	5.62	7.03	7.28	5.23	3.20	0.14
EBIT Margin (%)	13.53	16.15	15.47	12.51	9.63	3.45
Net Margin (%)	8.31	10.74	10.43	7.64	5.72	0.32
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Revenue Growth (%)	0.08	0.01	0.12	0.24	0.29	-0.28
EBIT Growth (%)	-9.79	5.13	38.86	60.93	258.87	-69.33
Net Profit Growth (%)	-16.71	3.74	53.23	67.56	2,190.99	-92.65
EPS Growth (%)	-0.15	0.04	0.52	0.66	21.57	-0.93
Book Value Growth (%)	--	--	--	--	--	--

Valuation Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Price / Earnings	37.56	17.72	21.72	25.15	27.18	737.98
Price / Book Value	3.11	1.91	2.36	2.02	1.37	1.71
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	19.83	10.32	13.20	12.64	11.87	25.39
Close Price ($)	50.40	27.85	32.72	24.92	16.20	19.49
High Price ($)	58.51	35.93	34.07	27.85	20.35	22.61
Low Price ($)	23.05	25.76	20.56	13.26	15.59	9.98
Market Cap ($ Cr)	--	--	--	--	--	--

Solvency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debt to Equity	0.29	0.31	0.39	0.31	0.35	0.43
Short term debt to equity ratio	0.02	0.04	0.05	0.07	0.03	0.02
Current Ratio	2.69	2.43	2.51	2.28	3.02	3.92
Quick Ratio	1.76	1.64	1.72	1.53	2.13	2.71
Interest Coverage	9.08	7.79	8.65	9.39	5.89	0.93

Operating Efficiency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debtors to sales (%)	28.38	25.94	25.40	26.56	33.61	34.08
Asset Turnover	0.68	0.65	0.70	0.69	0.57	0.45
Receivable days	95.85	93.43	89.60	98.07	109.71	131.80
Inventory Days	129.01	116.28	108.68	109.93	114.75	142.22
Payable days	45.03	41.51	37.89	43.53	45.15	51.35
Cash Conversion Cycle	179.83	168.20	160.39	164.47	179.31	222.67