Thermax Share Price

Thermax Share Price

  • 4,698.80-41.10 (-0.87%)
  • Closed
  • As On: 10 Jun, 2026, 03:55 PM IST
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Open4,750.00
High4,826.00
Low4,676.60
Prev Close4,739.90
Volume2,82,455
VWAP(₹)4,739.64

Key Metrics

PE Ratio(x)77.71
EPS - TTM(₹)60.47
MCap(₹ Cr.)55,989.16
MCap Rank7
PB Ratio(x)10.12
Div Yield(%)0.43
Face Value(₹)2.00
52W High(₹)5,075.00
52W Low(₹)2,742.70
MCap/Sales3.47
Beta(1 Month)2.11
BV/Share(₹)468.22

Thermax share price insights

Rank 230 - ET 5002025 ranking
  • Dividend Announcement

    Company announced a dividend of Rs 14.0 per share on May 7, 2026 with record date of Jul 3, 2026.
  • Quarterly Topline Performance

    Company witnessed QoQ revenue growth of 29.08%, which is highest in the last 3 years. (Source: Consolidated Financials)
  • Candle Formations Yesterday

    Black Spinning Top was formed for Thermax
  • Employee & Interest Expense

    Company has spent 1.3% of its operating revenues towards interest expenses and 13.29% towards employee cost in the year ending Mar 31, 2026. (Source: Consolidated Financials)
  • Thermax Share Price Update

    Thermax Ltd. share price moved down by -0.87% from its previous close of Rs 4,739.90. Thermax Ltd. stock last traded price is 4,698.80

    Share PriceValue
    Today/Current/Last4,698.80
    Previous Day4,739.90

Found Insights useful?

Thermax Share Price Returns

1 Day-0.87%
1 Month0.46%
3 Months48.09%
1 Year32.1%
3 Years100.25%
5 Years210.77%

Thermax Share Recommendations

Mean recosCurrent
HOLD

20 Analysts

Strong
Sell
SellHoldBuyStrong
Buy
Analyst Trends
RatingsCurrent1W Ago1M Ago3M Ago
Strong Buy3355
Buy2244
Hold9988
Sell2233
Strong Sell4411
# Analysts20202121
Recent Recos
  • Target₹4237
  • OrganizationPrabhudas Lilladher
  • REDUCE
  • Target₹3045
  • OrganizationICICI Securities
  • ADD
  • Target₹2825
  • OrganizationLKP Securities
  • BUY

Financials

  • Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025
    Total Income3,481.752,697.412,559.312,215.813,161.78
    Total Income Growth (%)29.085.4015.50-29.9224.52
    Total Expenses3,105.282,374.392,353.341,973.962,830.60
    Total Expenses Growth (%)30.780.8919.22-30.2620.25
    EBIT376.47323.02205.97241.85331.18
    EBIT Growth (%)16.5556.83-14.84-26.9778.60
    Profit after Tax (PAT)244.28204.18119.66152.38205.73
    PAT Growth (%)19.6470.63-21.47-25.9377.51
    EBIT Margin (%)10.8111.988.0510.9110.47
    Net Profit Margin (%)7.027.574.686.886.51
    Basic EPS (₹)21.6818.1210.6213.5318.27
    Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025
    Total Income2,258.811,637.711,682.651,217.512,027.30
    Total Income Growth (%)37.92-2.6738.20-39.9435.73
    Total Expenses1,998.801,401.731,424.231,152.191,681.46
    Total Expenses Growth (%)42.60-1.5823.61-31.4823.53
    EBIT260.01235.98258.4265.32345.84
    EBIT Growth (%)10.18-8.68295.62-81.11161.25
    Profit after Tax (PAT)201.04175.48225.9246.47275.05
    PAT Growth (%)14.57-22.33386.16-83.10166.57
    EBIT Margin (%)11.5114.4115.365.3717.06
    Net Profit Margin (%)8.9010.7113.433.8213.57
    Basic EPS (₹)16.8714.7318.963.9023.09
    FY 2026FY 2025FY 2024FY 2023FY 2022
    Total Revenue10,961.6310,640.919,556.038,249.996,255.34
    Total Revenue Growth (%)3.0111.3515.8331.8927.69
    Total Expenses10,014.499,756.208,761.747,646.705,845.37
    Total Expenses Growth (%)2.6511.3514.5830.8227.87
    Profit after Tax (PAT)720.50634.47645.28450.29312.31
    PAT Growth (%)13.56-1.6843.3044.1851.18
    Operating Profit Margin (%)10.159.649.457.927.10
    Net Profit Margin (%)6.736.106.925.565.09
    Basic EPS (₹)63.9556.3357.3039.9827.73
    FY 2026FY 2025FY 2024FY 2023FY 2022
    Total Revenue6,802.826,456.606,015.425,277.504,139.95
    Total Revenue Growth (%)5.367.3313.9827.4826.53
    Total Expenses6,095.805,837.195,437.444,853.213,869.89
    Total Expenses Growth (%)4.437.3512.0425.4129.60
    Profit after Tax (PAT)648.91572.14437.44329.26200.79
    PAT Growth (%)13.4230.7932.8663.9842.38
    Operating Profit Margin (%)11.2210.4010.338.637.05
    Net Profit Margin (%)9.959.147.516.405.00
    Basic EPS (₹)54.4648.0236.7127.6316.85

    All figures in Rs Cr, unless mentioned otherwise

    Insights
    • Quarterly Topline Performance

      Company witnessed QoQ revenue growth of 29.08%, which is highest in the last 3 years. (Source: Consolidated Financials)
    • Employee & Interest Expense

      Company has spent 1.3% of its operating revenues towards interest expenses and 13.29% towards employee cost in the year ending Mar 31, 2026. (Source: Consolidated Financials)
  • AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Total Assets13,282.1112,038.0210,153.018,838.617,461.11
    Total Assets Growth (%)10.3318.5714.8718.4614.67
    Total Liabilities7,702.927,095.445,713.214,968.393,968.62
    Total Liabilities Growth (%)8.5624.1914.9925.1921.91
    Total Equity5,579.194,942.584,439.803,870.223,492.49
    Total Equity Growth (%)12.8811.3214.7210.827.42
    Current Ratio (x)1.221.301.361.381.26
    Total Debt to Equity (x)0.410.340.280.210.10
    Contingent Liabilities0.00728.361,086.66956.05529.58
    AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Total Assets7,558.207,245.756,747.376,151.315,425.47
    Total Assets Growth (%)4.317.399.6913.387.81
    Total Liabilities3,131.113,277.993,210.672,933.552,424.47
    Total Liabilities Growth (%)-4.482.109.4521.0012.60
    Total Equity4,427.093,967.763,536.703,217.763,001.00
    Total Equity Growth (%)11.5812.199.917.224.22
    Current Ratio (x)1.261.381.291.361.17
    Total Debt to Equity (x)0.030.020.090.070.06
    Contingent Liabilities0.001,278.621,650.903,028.222,580.18

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Net Cash flow from Operating Activities541.541,042.79247.30459.56324.71
    Net Cash used in Investing Activities-587.06-1,240.55-509.21-679.68-421.58
    Net Cash flow from Financing Activities247.64123.55285.40348.54-20.58
    Net Cash Flow224.36-53.7819.02144.29-115.37
    Closing Cash & Cash Equivalent636.20412.97466.75447.73303.44
    Closing Cash & Cash Equivalent Growth (%)54.05-11.524.2547.55-27.55
    Total Debt/ CFO (x)4.231.625.081.761.09
    AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Net Cash flow from Operating Activities416.48374.1790.79418.6893.87
    Net Cash used in Investing Activities-287.39-125.94103.39-337.63-100.17
    Net Cash flow from Financing Activities-146.00-393.67-51.38-81.49-52.64
    Net Cash Flow-16.91-145.44142.80-0.44-58.94
    Closing Cash & Cash Equivalent100.14118.18263.62120.82121.26
    Closing Cash & Cash Equivalent Growth (%)-15.26-55.17118.19-0.36-32.71
    Total Debt/ CFO (x)0.300.233.390.531.92

    All figures in Rs Cr, unless mentioned otherwise

    Insights
    • Cash from Operations vs PAT

      Operating cash flow of Rs 541.54 cr is 0.75 times compared to the reported net profit of Rs 720.5 cr. (Source: Consolidated Financials)
    • Decrease in Cash from Investing

      Company has used Rs 587.06 cr for investing activities which is an YoY decrease of 52.68%. (Source: Consolidated Financials)
  • AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Return on Equity (%)12.9812.8514.5311.648.94
    Return on Capital Employed (%)14.5515.6416.2414.4611.75
    Return on Assets (%)5.425.276.355.094.18
    Interest Coverage Ratio (x)9.319.9311.7620.1621.79
    Asset Turnover Ratio (x)0.840.940.980.990.67
    Price to Earnings (x)51.5564.9473.5357.4770.42
    Price to Book (x)6.688.3410.646.676.26
    EV/EBITDA (x)29.5235.9546.1433.6138.80
    EBITDA Margin (%)12.0911.1611.049.368.94
    AnnualFY 2026FY 2025FY 2024FY 2023FY 2022
    Return on Equity (%)14.6514.4112.3610.236.69
    Return on Capital Employed (%)16.3015.9616.6613.539.12
    Return on Assets (%)8.587.896.485.353.70
    Interest Coverage Ratio (x)33.3423.2228.3026.4126.30
    Asset Turnover Ratio (x)0.880.890.900.890.77
    Price to Earnings (x)60.6176.34114.9483.33116.28
    Price to Book (x)8.8610.9714.138.487.71
    EV/EBITDA (x)47.2259.6674.0552.4165.28
    EBITDA Margin (%)12.7111.6511.5810.058.73

Found Financials useful?

Share Price Forecast

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Technicals

  • Stochastic Crossover

    Bullish signal on weekly chart

    Appeared on: 5 Jun 2026

    Region: Overbought (Above 80)

    Last Signal 15 May 2026 (Gain 3.01%)

    Average price gain of 8.36% within 7 weeks of Bullish signal in last 10 years

  • 43%
    Positive Movement
    since 1st Jan 2005
    on basis
    57%
    Negative Movement
    since 1st Jan 2005
    on basis
    Exclude

    Global Meltdown1st Jan 2008 to 10th Nov 2008

    Covid Crisis1st Feb 2020 to 31st Mar 2020

  • R14791.00Pivot

    4733.80

    S14641.60
    R24883.20S24584.40
    R35032.60S34435.00
  • 5 Days14 Days28 Days
    187.06195.25179.80

Found Technicals useful?

Peer Comparison

Found Peer Comparison useful?

Shareholding Pattern

  • CategoryNo. of SharesPercentage% Change QoQ
    Promoters7,38,55,30561.98 %0.00
    Pledge00.00 %0.00
    FII1,33,96,56011.25 %-1.10
    DII1,84,55,94615.49 %0.65
    MF1,63,78,89713.75 %0.49
    Others1,34,48,48911.28 %0.46
  • CategoryMar 2026Dec 2025Sep 2025Jun 2025
    Promoters61.9861.9861.9861.98
    Pledge0.000.000.000.00
    FII11.2512.3613.4416.02
    DII15.4914.8413.9511.74
    Mutual Funds13.7513.2612.5610.71
    Others11.2810.8110.6210.26

Mutual Funds Ownership

MF Ownership as on 30 April 2026

Corporate Actions

  • Special

    300%

    May 08, 2026

    Final

    700%

    May 07, 2026

    Board Meeting

    Audited Results & Final Dividend

    Apr 16, 2026

  • Announced onMeeting on
    Apr 16, 2026May 07, 2026
    Audited Results & Final Dividend
    Jan 06, 2026Feb 02, 2026
    Quarterly Results
    Oct 28, 2025Nov 11, 2025
    Quarterly Results
    Oct 20, 2025Oct 17, 2025
    Others
    Jul 08, 2025Jul 31, 2025
    Quarterly Results
  • Announced onEx-DateDividend%
    May 08, 2026Jul 03, 2026300%
    May 07, 2026Jul 03, 2026700%
    May 09, 2025Jul 04, 2025700%
    May 10, 2024Jul 05, 2024600%
    May 17, 2023Jul 21, 2023500%
  • Announced onEx-Date
    May 29, 2003Sep 08, 2003
    Bonus Ratio: 2 share(s) for every 1 shares held
  • Announced onEx-Date
    Jan 31, 2006Mar 31, 2006
    Split: Old FV10.0| New FV:2.0
  • No Data Available

  • Announced onMeeting on
    May 09, 2025Jul 31, 2025
    -
    Jan 15, 2025Feb 18, 2025
    -
    Jul 08, 2024Aug 01, 2024
    -
    Dec 05, 2023Jan 08, 2024
    -
    May 17, 2023Aug 01, 2023
    -

About Thermax

Thermax Ltd., incorporated in the year 1980, is a Mid Cap company (having a market cap of Rs 55,989.16 Crore) operating in Engineering sector.

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Key Indices Listed On

Nifty 500, BSE 500, Nifty Energy, BSE 200, BSE 250 LargeMidCap Index

Address

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

Executive Leadership

MP

Meher Pudumjee

Chairperson
AB

Ashish Bhandari

Managing Director & CEO
PP

Pheroz Pudumjee

Non Exe.Non Ind.Director
HM

Harsh Mariwala

Non-Executive, Lead Independent Director
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Auditors

SRBC & Co LLP

FAQs about Thermax share

  • 1. What is Thermax share price and what are the returns for Thermax share?
    As on 10 Jun, 2026, 03:55 PM IST Thermax share price is down by 0.87% basis the previous closing price of Rs 4,696.4. Thermax share price is Rs 4,698.80. Return Performance of Thermax Shares:
    • 1 Week: Thermax share price moved down by 1.79%
  • 2. What are the returns for Thermax share?
    Return Performance of Thermax Shares:
    • 1 Week: Thermax share price moved down by 1.79%
  • 3. What's the market capitalization of Thermax?
    Thermax share has a market capitalization of Rs 55,989.16 Cr. Within Engineering sector, it's market cap rank is 7.
  • 4. What has been highest price of Thermax share in last 52 weeks?
    52 Week high of Thermax share is Rs 5,075.00 while 52 week low is Rs 2,742.70
  • 5. What is the PE & PB ratio of Thermax?
    The PE ratio of Thermax stands at 78.39, while the PB ratio is 9.57.

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