Thermax Share Price
(THERMAX)
₹3328.55
as on 04:01PM, 20 Feb 2025
Thermax Performance
Day's Low
Day's High
₹3,293.2Day's Price Range₹3,409.9552 Week's Low
52 Week's High
₹2,950.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | -15.73 % |
| 3 Month Return | -23.56 % |
| 1 Year Return | -4.9 % |
| Market Stats | |
| Previous Close | ₹3,339.65 |
| Open | ₹3,321.00 |
| Volume | 1.61L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹39,794.03Cr |
Thermax Key Statistics
P/E Ratio
60.77
PEG Ratio
85.58
Market Cap
₹39,794.03 Cr
P/B Ratio
14.13
EPS
57.12
Dividend Yield
0.29
Sector
Capital Goods-Non Electrical Equipment
ROE
12.95
Thermax Mutual Fund Holdings
Thermax Analyst Rating
based on 20 analysts
28.57%
Buy
33.33%
Hold
38.10%
Sell
Based on 20 analysts offering long term price targets for Thermax. An average target of ₹3656.1
Source: S&P Global Market Intelligence
Thermax Share analysis
Thermax price forecast by 20 analysts
Upside of9.48%
High
₹5481
Target
₹3656.10
Low
₹2400
Thermax target price ₹3656.1, a slight upside of 9.48% compared to current price of ₹3328.55. According to 20 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2027:49.70%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2027:55.26%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Thermax Ltd
Thermax Upgraded to Accumulate Amidst Challenges - 12 Feb, 2025
Prabhudas Lilladher upgrades Thermax to 'Accumulate' with a target price of Rs 3,857, citing recent stock price corrections and optimism for Q4 despite weak Q3 performance.Jefferies Cuts Target Price for Thermax Shares - 10 Feb, 2025
Jefferies maintains a buy rating on Thermax but lowers the target price to ₹4,835, highlighting a 29% EBITDA miss in Q3. Despite challenges, management expects strong Q4 revenues exceeding ₹3,000 crore, supporting a positive long-term outlook with a projected 27% EPS CAGR for FY24-FY27.Thermax CEO Optimistic About Strong Q4 Performance - 08 Feb, 2025
Thermax's CEO anticipates a strong Q4 driven by revenue recovery and a 40% increase in orders. Despite previous challenges, confidence remains high for future government projects and improved margins.Thermax Anticipates Growth Amid Mixed Financial Results - 07 Feb, 2025
Thermax's MD expects strong order activity in FY26, driven by petrochemical and steel sectors. Despite an 8% revenue increase, net profit fell 52% in Q3FY25.Thermax Reports Significant Q3 Profit Decline - 04 Feb, 2025
Thermax Ltd reported a substantial decline in Q3 net profit, down 51-52% to ₹114-116 crore, impacted by lower margins and cost overruns. Revenue increased by 8% to ₹2,508 crore. The company completed the acquisition of Buildtech Products India, enhancing its presence in construction chemicals. Shares fell 2.26% following the results.Thermax Downgraded Amid Growth Concerns - 03 Feb, 2025
Thermax has been downgraded to Sell by MOSL due to anticipated growth challenges in the capital goods sector, with a new price target of ₹3,500. Shares fell 7% to ₹3,603.Capital Goods Stocks Decline After Budget Announcement - 01 Feb, 2025
Following the Union Budget 2025-26, capital goods stocks, including Thermax, experienced a nearly 2% decline due to a reduction in FY25 capex to Rs 10.18 lakh crore.Thermax Positioned for Growth in Clean Energy - 31 Jan, 2025
Thermax Ltd is set to benefit from a 16% increase in budget allocations to the Ministry of Power for FY25, particularly for renewable energy initiatives. The company's focus on clean energy and industrial power aligns with increasing infrastructure investments and a shift towards sustainability, positioning it for future growth.Thermax Reports Growth Amid Stock Price Increase - 29 Jan, 2025
Thermax Limited's shares increased by 3.61% to Rs. 3,765.95. The company reported a 13.47% revenue increase and a 24.53% rise in net profit.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 15.38% to 15.49% in Dec 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, THERMAX stock has moved up by 5.1%
NO EFFECTAgainst Peers
In the last 3 years, AIA Engineering Ltd has given 92.3% return, outperforming this stock by 6.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Schaeffler India Ltd has given 5.2% return, outperforming this stock by 10.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 4.44% to 4.40% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.67K Cr → 2.53K Cr (in ₹), with an average decrease of 4.9% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 197.03 Cr → 115.9 Cr (in ₹), with an average decrease of 41.2% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 12.06% to 11.87% in Dec 2024 quarter
Thermax Financials
Index Inclusions
Thermax Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 15.49% | 0.72 | |
| Mutual Funds | 11.87% | ||
| Retail Investors | 4.4% | ||
| Others | 6.26% | 1.93 |
Thermax Key Indicators
Thermax Valuation
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Industry (48.31x)
February 19, 2025
Today (60.77x)
February 19, 2025
Highest (116.86x)
March 10, 2021
Thermax Earnings and Dividends
Thermax Ltd Earnings Results
Thermax Ltd’s net profit fell -51.37% since last year same period to ₹115.90Cr in the Q3 2024-2025. On a quarterly growth basis, Thermax Ltd has generated -41.18% fall 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 0.66%.
Read More about Dividends
Thermax Technicals Summary
Bearish
Neutral
Bullish
Thermax Ltd is currently in a Bearish trading position according to technical analysis indicators.
Thermax Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹39,794.03 Cr | 48.13% | 0.55 | ₹643 Cr | ₹9,323 Cr | |
| HOLD | ₹32,151.93 Cr | 16.07% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹74,575.12 Cr | 76.99% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹67,931.57 Cr | 91.16% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,08,578.67 Cr | 63.25% | 0.51 | NA | NA |
About Thermax
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: ₹3328.55 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹39,794.03Cr as of today
Revenue: ₹2,507.76Cr as on December 2024 (Q4 24)
Net Profit: ₹113.73Cr as on December 2024 (Q4 24)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax |
| Headquarters | Pune |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
FAQs on Thermax Ltd
What is Thermax Ltd price today?
Thermax Ltd share price today stands at ₹3328.55, Open: ₹3321, Previous Close: ₹3339.65, High: ₹3409.95, Low: ₹3293.2, 52 Week High: ₹5839.95, 52 Week Low: ₹2950.05.
How to Buy Thermax Ltd Share in India?
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Is Thermax Ltd listed on NSE?
Thermax Ltd is listed on NSE
Is Thermax Ltd listed on BSE?
Thermax Ltd is listed on BSE
What are today's High and Low prices of Thermax Ltd?
- Today's highest price of Thermax Ltd is ₹3409.95.
- Today's lowest price of Thermax Ltd is ₹3293.2.
What are today's traded volumes of Thermax Ltd?
Today's traded volume of Thermax Ltd(THERMAX) is 1.61L.
What is today's market capitalisation of Thermax Ltd?
Today's market capitalisation of Thermax Ltd(THERMAX) is ₹39794.03Cr.
What is the 52 Week High and Low Range of Thermax Ltd?
How much percentage Thermax Ltd is down from its 52 Week High?
Thermax Ltd (THERMAX) share price is ₹3328.55. It is down -43.00% from its 52 Week High price of ₹5839.95
How much percentage Thermax Ltd is up from its 52 Week low?
Thermax Ltd (THERMAX) share price is ₹3328.55. It is up 12.83% from its 52 Week Low price of ₹2950.05
What are the historical returns of Thermax Ltd?
What is the PE ratio of Thermax Ltd today?
PE Ratio of Thermax Ltd is 60.77
PE ratio = Thermax Ltd Market price per share / Thermax Ltd Earnings per share