Thermax Ltd Share Price
(THERMAX)
₹3366.4▲3.72%
as on 04:01PM, 16 Apr 2025
Thermax Performance
Day's Low
Day's High
₹3,221.5Day's Price Range₹3,40652 Week's Low
52 Week's High
₹2,950.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | + 0.16 % |
| 3 Month Return | -19.77 % |
| 1 Year Return | -30.53 % |
| Market Stats | |
| Previous Close | ₹3,245.60 |
| Open | ₹3,240.00 |
| Volume | 95.19K |
| Upper Circuit | ₹3,894.70 |
| Lower Circuit | ₹2,596.50 |
| Market Cap | ₹38,673.37Cr |
Thermax Fundamentals
P/E Ratio
59.05
PEG Ratio
83.17
Market Cap
₹38,673.37 Cr
P/B Ratio
14.13
EPS
57.12
Dividend Yield
0.29
Sector
Capital Goods-Non Electrical Equipment
ROE
12.95
Mutual Fund Holdings of Thermax
| Funds | Holdings | Prev. 6M |
|---|---|---|
 SBI Focused Equity Fund Direct Plan Growth | 2.37% | |
 Kotak Flexicap Fund Direct Growth | 1.67% | |
| SBI Bluechip Fund Direct Growth | 1.28% | |
| Kotak Emerging Equity Scheme Direct Growth | 1.19% | |
| SBI Magnum Midcap Fund Direct Growth | 2.1% |
Thermax Analyst Rating
based on 21 analysts
38.10%
Buy
33.33%
Hold
28.57%
Sell
Based on 21 analysts offering long term price targets for Thermax. An average target of ₹3566.33
Source: S&P Global Market Intelligence
Thermax Share analysis
Thermax price forecast by 21 analysts
Upside of9.88%
High
₹5001
Target
₹3566.33
Low
₹2400
Thermax target price ₹3566.33, a slight upside of 9.88% compared to current price of ₹3366.4. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2027:50.03%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2027:55.42%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Thermax Ltd
Thermax Divests Stake in Covacsis Technologies - 04 Apr, 2025
Thermax Ltd has entered into a Share Purchase Agreement with Infinite Uptime Inc. to sell its stake in Covacsis Technologies for Rs 10 crore, resulting in Covacsis ceasing to be an associate company.Anu Aga's Transformation of Thermax - 25 Mar, 2025
Anu Aga revitalized Thermax by divesting non-core businesses, which had led to significant stock decline. The company now focuses on energy and environmental sectors.Thermax Appoints New Statutory Auditors - 20 Mar, 2025
Thermax Limited has appointed M/s. Price Waterhouse Chartered Accountants LLP as its new statutory auditors for a five-year term, replacing M/s. SRBC & Co. LLP. This change aims to enhance financial governance and stakeholder confidence.Thermax Ltd Faces Mixed Performance Amid Market Volatility - 13 Mar, 2025
Thermax Ltd shares have seen significant long-term growth, turning ₹1 lakh into ₹3.46 crore over 24 years. However, recent performance shows volatility, with a 51% decline in Q3 net profit and a 14.11% YTD drop. Revenue fell short of expectations despite a 7.9% increase, while order bookings decreased by 8%. Overall, the stock has gained 303.38% over five years but has struggled in the short term.Thermax Forms Joint Venture with Brazil's OCQ - 10 Mar, 2025
Thermax Ltd's subsidiary, Thermax Chemical Solutions, has signed a joint venture agreement with Brazil's OCQ, acquiring a 51% stake to manufacture acrylic resins in India. This venture aims to enhance Thermax's chemical portfolio and expand its market presence.Thermax Ltd Rises for Third Straight Session - 06 Mar, 2025
Thermax Ltd shares increased by 3.31% to Rs 3344, marking a third consecutive day of gains. Despite this, the stock is down 8.17% over the past year.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 4.40% to 4.44% in Mar 2025 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.49% to 15.86% in Mar 2025 quarter
NO EFFECTAgainst Peers
In the last 1 year, Schaeffler India Ltd has given -2.4% return, outperforming this stock by 28.2%
- NO EFFECT
Against Peers
In the last 3 years, AIA Engineering Ltd has given 80.7% return, outperforming this stock by 31.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Mar 2025 quarter
NEGATIVE IMPACTProfit 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
Price Dip
In the last 6 months, THERMAX stock has moved down by -37.8%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 11.87% to 11.26% in Mar 2025 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
Thermax Financials
Thermax Index Inclusions
Thermax Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 15.86% | 0.00 | |
| Mutual Funds | 11.26% | 0.00 | |
| Retail Investors | 4.44% | 0.00 | |
| Others | 6.46% | 0.00 |
Thermax Key Indicators
Thermax Valuation
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Industry (50.47x)
April 15, 2025
Today (59.05x)
April 15, 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 0.68%.
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 | ₹38,673.37 Cr | 71.23% | 0.55 | ₹643 Cr | ₹9,323 Cr | |
| HOLD | ₹29,937.29 Cr | 25.37% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹80,961.80 Cr | 129.86% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹77,232.17 Cr | 184.42% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| BUY | ₹1,11,177.73 Cr | 96.57% | 0.50 | 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.
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 ₹3366.4, Open: ₹3240, Previous Close: ₹3245.6, High: ₹3406, Low: ₹3221.5, 52 Week High: ₹5839.95, 52 Week Low: ₹2950.05.
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What are today's traded volumes of Thermax Ltd?
Today's traded volume of Thermax Ltd(THERMAX) is 95.19K.
What is today's market capitalisation of Thermax Ltd?
Today's market capitalisation of Thermax Ltd(THERMAX) is ₹38673.37Cr.
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 ₹3366.4. It is down -42.36% 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 ₹3366.4. It is up 14.11% from its 52 Week Low price of ₹2950.05