Thermax Limited (BOM:500411)

India flag India · Delayed Price · Currency is INR
4,159.45
+152.20 (3.80%)
At close: Apr 27, 2026
20.67%
Market Cap 452.28B
Revenue (ttm) 103.32B
Net Income (ttm) 6.82B
Shares Out n/a
EPS (ttm) 60.52
PE Ratio 66.32
Forward PE 57.65
Dividend 14.00 (0.35%)
Ex-Dividend Date Jul 4, 2025
Volume 11,499
Average Volume 39,964
Open 4,009.55
Previous Close 4,007.25
Day's Range 4,007.25 - 4,182.75
52-Week Range 2,744.20 - 4,303.55
Beta n/a
RSI 73.32
Earnings Date May 7, 2026

About Thermax

Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering,... [Read more]

Industry Heating Equipment, Except Electric and Warm Air Furnaces
Founded 1966
Employees 5,601
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500411
Full Company Profile

Financial Performance

In fiscal year 2025, Thermax's revenue was 103.89 billion, an increase of 11.43% compared to the previous year's 93.23 billion. Earnings were 6.34 billion, a decrease of -1.68%.

Financial Statements

News

Thermax Ltd (BOM:500411) Q3 2026 Earnings Call Highlights: Strong International Orders and ...

Thermax Ltd (BOM:500411) Q3 2026 Earnings Call Highlights: Strong International Orders and Strategic Growth Initiatives

2 months ago - GuruFocus

Thermax Transcript: Q3 25/26

Q3 FY26 saw mixed results with strong international order wins and a robust backlog, but margin pressures in Chemicals and Industrial Products due to mix and cost headwinds. Management expects Q4 to deliver improved profitability and remains bullish on growth, especially in data centers and green solutions.

2 months ago - Transcripts

Thermax Ltd (NSE:THERMAX) Q3 2026 Earnings Report Preview: What To Look For

Thermax Ltd (NSE:THERMAX) Q3 2026 Earnings Report Preview: What To Look For

2 months ago - GuruFocus

Thermax Ltd (BOM:500411) Q2 2026 Earnings Call Highlights: Strategic Shifts and Growth ...

Thermax Ltd (BOM:500411) Q2 2026 Earnings Call Highlights: Strategic Shifts and Growth Prospects Amidst Challenges

5 months ago - GuruFocus

Thermax Transcript: Q2 25/26

Order book grew 25% YoY in H1, with a 20%+ full-year growth target. Q2 saw a one-time hit from legacy projects, but most low-margin backlog will clear by early next year. Management expects strong H2 revenue and profit growth, with a focus on higher-margin orders and robust international opportunities.

5 months ago - Transcripts

Thermax Ltd (NSE:THERMAX) Q2 2026 Earnings Report Preview: What to Expect

Thermax Ltd (NSE:THERMAX) Q2 2026 Earnings Report Preview: What to Expect

6 months ago - GuruFocus

Thermax Transcript: Q1 25/26

Q1 FY26 saw a 2% revenue decline due to project delays, but margins improved with a government incentive. Order book grew 7% and management expects double-digit growth, with new products and international markets driving future performance.

9 months ago - Transcripts

Thermax shares in focus after Q1 profit, margins beat estimates

Shares of Thermax Ltd are in focus on Friday, August 1, after the engineering company reported a 38.5% year-on-year jump in net profit for the June quarter, coming in at ₹151.5 crore, beating analyst ...

9 months ago - Business Upturn

Thermax Q1 Results: Profit surges 39% YoY to Rs 151 crore, revenue down 2% YoY

Thermax Ltd., a leading player in energy and environment solutions, announced its Q1 FY26 financial results, showing strong bottom-line performance despite challenges on the revenue front. The company...

9 months ago - Business Upturn

Thermax Transcript: Q4 24/25

Q4 FY25 delivered INR 3,000 crores in revenue with strong operational consistency, despite a major bio-CNG loss. Order pipeline for FY26 is robust, with selective resumption in bio-CNG and continued growth expected in chemicals, industrial products, and green solutions.

1 year ago - Transcripts

Thermax Transcript: Q3 24/25

Q3FY25 was challenging with revenue and profitability misses due to project delays and losses in FGD and Bio-CNG, but a strong Q4 is expected with improved backlog management and robust order pipeline. Strategic focus is shifting away from low-margin government projects, with investments in chemicals and product innovation supporting future growth.

1 year ago - Transcripts

Thermax Transcript: Q2 24/25

Secured a major international order in Botswana, maintained steady base orders, and advanced green assets with 200 MW delivered and plans for 1 GW. Margins remain under pressure in Industrial Infra, but growth in Industrial Products and Chemicals is robust.

1 year ago - Transcripts

Thermax Q2 FY25 results: Stock drops 4% ahead of result announcement

Thermax Ltd. shares experienced a notable decline of more than 4% in trading today, as investors awaited the company’s Q2 FY25 results. Opening at ₹5,105.20, the stock saw an intraday high of ₹5,107.7...

1 year ago - Business Upturn

Thermax shares surge 4% following strategic acquisition of Buildtech Products

Thermax Ltd. witnessed a significant uptick in its shares, rising over 4% in morning trading after announcing the strategic acquisition of Buildtech Products India Private Limited. The deal, valued at...

1 year ago - Business Upturn

Thermax Transcript: Q1 24/25

Q1 was marked by significant one-time losses in industrial infra due to bio-CNG and FGD projects, but management expects normalization and improved margins ahead. Chemicals and industrial products segments are showing strong order growth and margin improvement, with new products and international recovery supporting a positive outlook.

1 year ago - Transcripts