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Thermax Ltd
₹3788.20
(3.19%)
Thu, 10 Sept 2026, 10:08 am
Producer Manufacturing
Industrial Machinery
24.5KThermax Share Price Live Chart
1 Day
(3.19%)
No Result Found
Summary
Market Cap (in Cr)
59301.11
Net Profit (in Cr)
626.7
P/B
8.34
Sector P/E
50.67
P/E
64.88
EV/EBITDA
35.98
Debt/Equity (Industry)
0.33
Interest Cover (Industry)
29.36
ROCE (Industry)
2.79
RONW (Industry)
2.80
ROE
13.37
ROCE
15.66
Debt/Equity
0.32
EPS (TTM)
56.80
Dividend Yield
0.38
Book Value
465.88
Interest Cover
8.57
Analysis
all
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (3.8x coverage).
- Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).
- Dividends per share have been stable in the past 10 years.
- Thermax's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Thermax's dividend is below the markets top 25% of dividend payers in India (3.08%).
- Thermax's earnings are expected to grow by 17.7% yearly, however this is not considered high growth (20% yearly).
- Thermax's earnings growth is positive but not above the India market average.
- Thermax's earnings are expected to increase but not above the low risk growth rate next year.
- Thermax's net income is expected to increase but not above the 50% threshold in 2 years time.
Shareholding
| Shareholders | MAR 2026 | DEC 2025 | SEPT 2025 | JUN 2025 | MAR 2025 |
|---|---|---|---|---|---|
| Promoters | 61.98 | 61.98 | 61.98 | 61.98 | 61.98 |
| FII | 11.24 | 12.36 | 13.44 | 16.02 | 15.86 |
| DII | 15.49 | 14.84 | 13.95 | 11.75 | 12.25 |
| Public | 11.29 | 10.82 | 10.62 | 10.25 | 9.91 |
| Government | 0 | 0 | 0 | 0 | 0 |
Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 4919.87 | 4475.87 | 4188.73 | 4031.87 | 3744.73 | 3587.87 | 3143.87 |
| Fibonacci | 4475.87 | 4306.26 | 4201.47 | 4031.87 | 3862.26 | 3757.47 | 3587.87 |
| Camarilla | 4023.70 | 3983 | 3942.30 | 4031.87 | 3860.90 | 3820.20 | 3779.50 |
Pivots Level: Classic
R3
+888
4919.87
R2
+444
4475.87
R1
+156.87
4188.73
S1
-287.13
3744.73
S2
-444
3587.87
S3
-888
3143.87
Moving Average
Period
Value
10-EMA
3730.84
20-EMA
3853.44
30-EMA
3957.43
50-EMA
4090.39
100-EMA
4112.90
200-EMA
3934.60
Corporate Actions
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 07 May 2026 | board-meetings | Accounts, Quarterly Results, Final Dividend | |
| 02 Feb 2026 | board-meetings | Quarterly Results | |
| 11 Nov 2025 | board-meetings | Quarterly Results, Half Yearly Results | |
| 05 Jul 2025 | agm | ||
| 04 Jun 2025 | dividend | Final Dividend - Rs. - 14 | 04 Jul 2025 |
| 09 May 2025 | dividend | ₹14.00 Dividend /Share | 04 Jul 2025 |
| 08 Jul 2024 | agm | ||
| 05 Jun 2024 | dividend | Dividend - Rs. - 12 | 05 Jul 2024 |
| 10 May 2024 | dividend | ₹12.00 Dividend /Share | 05 Jul 2024 |
| 05 Jul 2023 | agm |
Peer Comparison
Thermax Ltd
Waaree Energies Ltd
CG Power & Industrial Solutions Ltd
Siemens Ltd
Bharat Heavy Electricals Ltd
ABB India Ltd
Thermax Ltd About
Thermax an Indian engineering company that provides solutions in energy, environment, and chemicals.
Industry
Electric Equipment
Founded
1980
Headquarters
CEO
Meher P Pudumjee
Employees
Contact
Website
http://www.thermaxindia.com
igkcpl@karvy.com
Phone
91-20-66122100/66155000
Location
D-13 MIDC Industrial Area, R D Aga Road Chinchwad, Pune, Maharashtra, 411019
Thermax Ltd Company History
| Year | History |
|---|---|
| 2020 |
|
| 2021 |
|
| 2022 |
|
| 2023 |
|
| 2024 |
|
Deals
| Client Name | Deal Type | Order Side | QTY | Avg Price | Date |
|---|---|---|---|---|---|
| SBI MUTUAL FUND | bulk | Buy | 1374359 | 5100 | 07 Jun 2024 |
| NALANDA INDIA EQUITY FUND LIMITED | bulk | Sell | 1500000 | 5100.26 | 07 Jun 2024 |
| INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD. | bulk | Sell | 1034426 | 5403.76 | 31 May 2024 |
| BNP PARIBAS ARBITRAGE | block | Sell | 131540 | 3028.75 | 25 Jan 2024 |
| BNP PARIBAS ARBITRAGE | block | Sell | 38775 | 3028.75 | 25 Jan 2024 |
| MARSHALL WACE INVESTMENT STRATEGIESGTOPS FUND | block | Buy | 1137 | 3028.75 | 25 Jan 2024 |
| SOCIETE GENERALE | block | Buy | 131540 | 3028.75 | 25 Jan 2024 |
| MARSHALLWACEINVESTMENTSTRATEGIESMARKETNEUTRALTOPSFUND | block | Buy | 37638 | 3028.75 | 25 Jan 2024 |
| ISHARES INDIA SC MAURITIUS COMPANY | block | Sell | 16709 | 2112.9 | 25 Oct 2022 |
| ISHARES CORE EMERGING MARKETS MAURITIUS CO | block | Sell | 123725 | 2112.9 | 25 Oct 2022 |
Frequently Asked Questions
1.What is the stock price of Thermax Ltd?
As of 10/09/2026 at 3:38 PM, Thermax Ltd shares are trading at ₹3788.20.
2.What is the market cap. of Thermax Ltd?
As of 10/09/2026, the market capitalization of Thermax Ltd is ₹46,477.51 crore.
3.When was Thermax Ltd founded?
Thermax Ltd was founded in 1980.
4.What are the P/E and P/B ratios of Thermax Ltd?
As of 10/09/2026, Thermax Ltd has a P/E ratio of 71.92 and a P/B ratio of 8.34.
5.How can I buy shares of Thermax Ltd?
You can buy shares of Thermax Ltd through Pocketful. Simply open a Demat account, complete your KYC, add funds, and place a buy order.
6.What is the shareholding pattern of Thermax Ltd?
As of March,2026, promoters hold 61.98% in Thermax Ltd, while FIIs, DIIs and public shareholders hold 11.24%, 15.49% and 11.29%, respectively.
7.Does Thermax Ltd pay dividends?
Yes, Thermax Ltd pays dividends to eligible shareholders. The latest dividend announced by the company was ₹Final Dividend - Rs. - 14 per share.
8.What is the dividend yield of Thermax Ltd?
As of 10 September, 2026, the dividend yield of Thermax Ltd stands at 0.36%.
9.What are the latest financial results of Thermax Ltd?
For January,2024, Thermax Ltd reported revenue of ₹10,283.00 crore and a net profit of ₹634.00 crore.
10.What is the Stock symbol of Thermax Ltd?
THERMAX is the stock symbol of Thermax Ltd.
11.Who is the CEO of Thermax Ltd?
The CEO of Thermax Ltd is Meher P Pudumjee.