Thermax Ltd Analyst Rating
based on 19 analysts
15.00%
Buy
35.00%
Hold
50.00%
Sell
Based on 19 analysts offering long term price targets for Thermax Ltd. An average target of ₹4405.95
Source: S&P Global Market Intelligence
Thermax Ltd Share analysis
Thermax Ltd price forecast by 19 analysts
Downside of
High
₹6100
Target
₹4405.95
Low
₹2400
Thermax Ltd target price ₹4405.95, a slight downside of -5.26% compared to current price of ₹4653.35. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax Ltd revenue growth forecast
Expected growth rate Q1, FY2026:34.27%
Forecast
Actual
Including amortisation and stock based compensations
Thermax Ltd EPS growth forecast
EPS estimate Q1, FY2026:42.78%
Forecast
Actual
Source: S&P Global Market Intelligence
Thermax Ltd Performance
Day's Low
Day's High
₹4,482.55Day's Price Range₹4,808.0552 Week's Low
52 Week's High
₹2,910.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | + 6.45 % |
| 3 Month Return | -11.15 % |
| 1 Year Return | + 55.45 % |
| Market Stats | |
| Previous Close | ₹4,650.70 |
| Open | ₹4,650.70 |
| Volume | 3.94L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹56,560.52Cr |
Thermax Ltd Key Statistics
| P/E Ratio | 70.64 |
| PEG Ratio | 3.28 |
| Market Cap | ₹56,560.52 Cr |
| P/B Ratio | 14.13 |
| EPS | 57.12 |
| Dividend Yield | 0.29 |
| Sector | Capital Goods-Non Electrical Equipment |
| ROE | 12.95 |
Thermax Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹56,560.52 Cr | 68.04% | 0.55 | ₹643 Cr | ₹9,323 Cr | |
| HOLD | ₹32,710.78 Cr | 22.4% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| HOLD | ₹97,749.04 Cr | 101.76% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹83,517.29 Cr | 89.86% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,62,261.42 Cr | 96.58% | 0.51 | NA | NA |
About Thermax Ltd
Thermax's top products include boilers, chillers, water and waste management systems, air pollution control systems, and energy management systems. Its popular brands include Thermax, Thermion, and Thermofin. Thermax is also the leading supplier of energy efficient solutions in India, with its products helping customers reduce their energy consumption and carbon footprint.
Share Price: ₹4653.35 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹56,560.52Cr as of today
Revenue: ₹2,611.59Cr as on September 2024 (Q3 24)
Net Profit: ₹198.00Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax Ltd |
| Headquarters | Pune |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Thermax Ltd
Thermax Reports Strong Q2 Growth in Sales and Profit - 10 Dec, 2024
Thermax's consolidated net sales for September 2024 reached Rs 2,611.59 crore, up 13.43% YoY. Net profit increased by 24.92% to Rs 197.03 crore, with EBITDA rising 24.87%. EPS also improved to Rs 17.49 from Rs 14.00. Despite a -10.08% return over the last 6 months, the stock has gained 73.21% over the past year.Thermax Reports Strong Growth and Order Inflows - 18 Nov, 2024
Thermax Ltd. shows strong Q2 performance with increased order inflows and margin recovery. Jefferies maintains a 'Buy' rating, while Prabhudas Lilladher revises EPS estimates downward, citing margin concerns.Thermax Reports Strong Q2FY2025 Performance - 15 Nov, 2024
Thermax Ltd achieved 13% y-o-y revenue growth in Q2FY2025, driven by segment growth and a Rs. 66 crore incentive. Operating profit rose 36%, and adjusted PAT increased 24% to Rs. 197 crore. Order bookings surged 70% y-o-y, bolstered by significant contracts in Botswana.Thermax Reports Strong Q2 Earnings and Growth - 14 Nov, 2024
Thermax's Q2 FY25 results showcased a 24.84% net profit increase to ₹198 crore and a 13.43% revenue rise. The company also reported significant order growth, reflecting strong demand across sectors. Shares rose following the earnings announcement, indicating positive investor sentiment.Thermax Reports Strong Q2 Results and Growth - 13 Nov, 2024
Thermax Ltd reported a nearly 25% rise in Q2 FY25 net profit to ₹198 crore, driven by strong revenue growth and significant order bookings. The company also announced plans for new projects, including a CO2-to-methanol pilot plant. Despite a 4% drop in stock prior to results, the earnings exceeded market expectations.
Insights on Thermax Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.15% to 15.38% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 115.81 Cr → 197.03 Cr (in ₹), with an average increase of 41.2% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.26K Cr → 2.67K Cr (in ₹), with an average increase of 15.1% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 months, THERMAX stock has moved down by -8.9%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.50% to 4.44% in Sep 2024 quarter
Thermax Ltd Financials
Index Inclusions
Thermax Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 15.38% | 1.52 | |
| Mutual Funds | 12.06% | 0.00 | |
| Retail Investors | 4.44% | ||
| Others | 6.14% |
Thermax Ltd Key Indicators
Thermax Ltd Valuation
Thermax Ltd in the last 5 years
Lowest (25.41x)
March 23, 2020
Industry (67.95x)
December 19, 2024
Today (70.64x)
December 19, 2024
Highest (116.86x)
March 10, 2021
Thermax Ltd Earnings and Dividends
Thermax Ltd Earnings Results
Thermax Ltd’s net profit jumped 24.92% since last year same period to ₹197.03Cr in the Q2 2024-2025. On a quarterly growth basis, Thermax Ltd has generated 70.13% jump in its net profits since last 3-months.
Read More about Earnings ResultsThermax Ltd Dividends May,2024
In the quarter ending March 2024, Thermax Ltd has declared dividend of ₹12 - translating a dividend yield of 0.47%.
Read More about Dividends
Thermax Ltd Technicals Summary
Bearish
Neutral
Bullish
Thermax Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Thermax Ltd
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Thermax Ltd (THERMAX) share price today is ₹4653.35
Thermax Ltd is listed on NSE
Thermax Ltd is listed on BSE
- Today’s highest price of Thermax Ltd is ₹4808.05.
- Today’s lowest price of Thermax Ltd is ₹4482.55.
PE Ratio of Thermax Ltd is 70.64
PE ratio = Thermax Ltd Market price per share / Thermax Ltd Earnings per share
Today’s traded volume of Thermax Ltd(THERMAX) is 3.94L.
Today’s market capitalisation of Thermax Ltd(THERMAX) is ₹56560.52Cr.
| Thermax Ltd(THERMAX | Price |
|---|---|
52 Week High | ₹5839.95 |
52 Week Low | ₹2910.05 |
Thermax Ltd(THERMAX) share price is ₹4653.35. It is down -20.32% from its 52 Week High price of ₹5839.95
Thermax Ltd(THERMAX) share price is ₹4653.35. It is up 59.91% from its 52 Week Low price of ₹2910.05
| Thermax Ltd(THERMAX | Returns |
|---|---|
1 Day Returns | 2.65% |
1 Month Returns | 6.45% |
3 Month Returns | -11.15% |
1 Year Returns | 55.45% |