Value Research Rating

2 star

Quality Score fund-quick-summary-circle

Quality Score4/10

Growth Score fund-quick-summary-circle

Growth Score6/10

Valuation Score fund-quick-summary-circle

Valuation Score1/10

Momentum Score fund-quick-summary-circle

Momentum Score7/10

Thermax Ltd. Share Price

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Stock Range

Today’s Range
Low: 5,000.95 High: 5,150.00
52 Week Range
Low: 2,500.25 High: 5,839.95
Liquidityliquidity High
Low Moderate High

Fundamentals

  • Market cap

    ₹59,961 Cr

  • P/E Ratio

    85.39

  • P/B Ratio

    13.19

  • Industry P/E

    50.51

  • Debt to Equity

    0.18

  • ROE

    15.5 %

  • ROCE

    18.44 %

  • Div. Yield

    0.24 %

  • Book Value

    381.43

  • EPS

    51

Performance

YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
Thermax
64.24 -5.32 1.79 61.75 54.95 35.21 18.99
BSE CG
24.29 -5.75 -3.41 46.48 36.71 30.06 16.71
BSE Mid Cap
25.92 -5.64 0.28 45.51 21.57 26.32 17.23
As on 22-Oct-2024
2023
2022
2021
2020
2019
2018
2017
Thermax
56.56 10.15 97.49 -18.68 -4.25 -7.63 64.57
BSE Mid Cap
45.53 1.38 39.18 19.87 -3.05 -13.31 48.13
BSE CG
66.89 15.97 53.38 10.63 -9.97 -1.63 40.03

Valuation Score

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Peer Median
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Growth & Efficiency

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Peer Median
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Essential Checks View Details

Is there a threat to the company's solvency?

Can creative accounting be detected through the financial numbers?

How did the company perform in the last one year?

Financials Detailed View

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

Peer Comparison Comparison Details

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    Shareholding Pattern Detailed Holdings

    News & Analysis All News

    Other details More Details

    Incorporated

    1980

    Chairman

    Meher Pudumjee

    Managing Director

    Ashish Bhandari

    Group

    Thermax

    Headquarters

    Pune, Maharashtra
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    Key Facts

    • Market cap market-cap-information ₹59,961.24 Cr
    • Revenue (TTM)revenue-information ₹9,574.91 Cr
    • Earnings (TTM) earning-information ₹702.21 Cr
    • Cash date-information ₹2,338.78 Cr
    • Total Debt info ₹1,255.95 Cr
    • Promoters' ownership promoters_ownership 61.98%
    • Liquidity liquidity High
    • 52 Week range week-range ₹2,500.25 - 5,839.95
    • Face value face-value ₹2.00
    • Shares outstanding share-outstanding 11,91,56,300
    • 10 Years Aggregate:

      CFO: ₹3,442.71 Cr

      EBITDA: ₹4,722.28 Cr

      Net Profit: ₹3,134.65 Cr

    About The Company

    • Incorporated 1980
    • Chairman Meher Pudumjee
    • Managing Director Ashish Bhandari
    • Group Thermax
    • Listing key-listing NSE: THERMAX, BSE: 500411
    • Country India
    • Headquarters headquarters Pune, Maharashtra
    • Website website www.thermaxglobal.com
    • Business

      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, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, and air-cooled heat exchangers; and cogen/trigen power plants, flue gas desulphurisation, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery boilers, thermal oil heaters and vaporizers, hot water and air generators, and energy plants, as well as specialized services. In addition, the company offers air pollution control, and water and waste solutions; chemicals, such as ion exchange resins, oil field chemicals, performance, and construction chemicals; and steam engineering solutions. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, construction, and engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.  Read more

    FAQs for Thermax Ltd.

    The total asset value of Thermax Ltd stood at ₹ 10,153 Cr as on 30-Jun-24

    The share price of Thermax Ltd is ₹5,061.15 (NSE) and ₹5,058.80 (BSE) as of 22-Oct-2024 12:24 IST. Thermax Ltd has given a return of 54.95% in the last 3 years.

    Thermax Ltd has a market capitalisation of ₹ 59,961 Cr as on 22-Oct-2024. As per Value Research classification, it is a Mid Cap company.

    The P/B ratio of Thermax Ltd is 13.19 times as on 22-Oct-2024, a 104% premium to its peers’ median range of 6.48 times.

    The P/E ratio of Thermax Ltd is 85.39 times as on 22-Oct-2024, a 69% premium to its peers’ median range of 50.51 times.

    Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
    Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
    Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
    Step 4. Search for the Thermax Ltd and enter the required number of quantities and click on buy to purchase the shares of Thermax Ltd.

    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, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, and air-cooled heat exchangers; and cogen/trigen power plants, flue gas desulphurisation, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery boilers, thermal oil heaters and vaporizers, hot water and air generators, and energy plants, as well as specialized services. In addition, the company offers air pollution control, and water and waste solutions; chemicals, such as ion exchange resins, oil field chemicals, performance, and construction chemicals; and steam engineering solutions. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, construction, and engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

    The promoters of Thermax Ltd are RDA HOLDINGS PRIVATE LTD and ARA TRUSTEESHIP COMPANY PRIVATE LIMITED. They collectively own 61.98 per cent of the total equity. The chairman of the company is Meher Pudumjee

    There is no promoter pledging in Thermax Ltd.

    Some of the close peers are:

    Company Market Cap(₹ Cr)
    38,843
    25,379
    17,096
    14,053
    Thermax Ltd. Ratios
    Return on equity(%)
    14.36
    Operating margin(%)
    6.81
    Net Margin(%)
    7.05
    Dividend yield(%)
    0.23

    Yes, TTM profit after tax of Thermax Ltd was ₹702 Cr.