Thermax Ltd
₹2949.90
(-0.00)%
Wed, 04 Feb 2026, 06:26 pm
Producer Manufacturing
Industrial Machinery
24.5K1 Day
0 (0%)
No Result Found
Summary
Market Cap
35133.83
Net Profit
626.70
P/B
8.34
Sector P/E
41.05
P/E
64.88
EV/EBITDA
35.98
Debt/Equity (Industry)
0.37
Interest Cover (Industry)
7.04
ROCE (Industry)
13.63
RONW (Industry)
12.01
ROE
13.37
ROCE
15.66
Debt/Equity
0.32
EPS (TTM)
53.76
Dividend Yield
0.47
Book Value
424.12
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 | DEC 2025 | SEPT 2025 | JUN 2025 | MAR 2025 | DEC 2024 |
|---|---|---|---|---|---|
| Promoters | 61.98 | 61.98 | 61.98 | 61.98 | 61.98 |
| FII | 12.36 | 13.44 | 16.02 | 15.86 | 15.49 |
| DII | 14.84 | 13.95 | 11.75 | 12.25 | 12.66 |
| Public | 10.82 | 10.62 | 10.25 | 9.91 | 9.87 |
| Government | 0 | 0 | 0 | 0 | 0 |
Technical Analysis
Support and Resistance
| Type | R1 | R2 | R3 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 3654.17 | 3285.27 | 3081.63 | 2916.37 | 2712.73 | 2547.47 | 2178.57 |
| Fibonacci | 3285.27 | 3144.35 | 3057.29 | 2916.37 | 2775.45 | 2688.39 | 2547.47 |
| Camarilla | 2979.45 | 2945.63 | 2911.82 | 2916.37 | 2844.18 | 2810.37 | 2776.55 |
Pivots Level: Classic
R3
+737.80
3654.17
R2
+368.90
3285.27
R1
+165.27
3081.63
S1
-203.63
2712.73
S2
-368.90
2547.47
S3
-737.80
2178.57
Moving Average
Period
Value
10-EMA
2902.91
20-EMA
2918.29
30-EMA
2931.19
50-EMA
2960.79
100-EMA
3056.00
200-EMA
3250.97
Corporate Actions
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 02 Feb 2026 | board-meetings | Quarterly Results | |
| 11 Nov 2025 | board-meetings | Quarterly Results, Half Yearly Results | |
| 05 Jul 2025 | agm | ||
| 09 May 2025 | dividend | ₹14.00 Dividend /Share | 04 Jul 2025 |
| 08 Jul 2024 | agm | ||
| 10 May 2024 | dividend | ₹12.00 Dividend /Share | 05 Jul 2024 |
| 05 Jul 2023 | agm | ||
| 17 May 2023 | dividend | ₹10.00 Dividend /Share | 21 Jul 2023 |
| 11 Jul 2022 | agm | ||
| 20 May 2022 | dividend | ₹9.00 Dividend /Share | 22 Jul 2022 |
Peer Comparison
Thermax Ltd
Waaree Energies Ltd
CG Power & Industrial Solutions Ltd
Bharat Heavy Electricals Ltd
Siemens Ltd
ABB India Ltd
About Thermax Ltd
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 History
| Year | History |
|---|---|
| 2020 |
|
| 2021 |
|
| 2022 |
|
| 2023 |
|
| 2024 |
|
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800