Thermax Limited (BOM:500411)
| Market Cap | 499.65B +36.8% |
| Revenue (ttm) | 106.94B +2.9% |
| Net Income | 7.21B +13.6% |
| EPS | 63.94 +13.6% |
| Shares Out | n/a |
| PE Ratio | 69.35 |
| Forward PE | 58.22 |
| Dividend | 20.00 (0.45%) |
| Ex-Dividend Date | Jul 3, 2026 |
| Volume | 4,756 |
| Open | 4,454.00 |
| Previous Close | 4,453.80 |
| Day's Range | 4,405.80 - 4,473.85 |
| 52-Week Range | 2,744.20 - 4,867.15 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 4,384.82 (-1.1%) |
| Earnings Date | May 7, 2026 |
About Thermax
Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering,... [Read more]
Financial Performance
In fiscal year 2026, Thermax's revenue was 106.94 billion, an increase of 2.94% compared to the previous year's 103.89 billion. Earnings were 7.21 billion, an increase of 13.56%.
Financial StatementsNews
Thermax Ltd (BOM:500411) Q4 2026 Earnings Call Highlights: Robust Order Book and Revenue Growth ...
Thermax Ltd (BOM:500411) Q4 2026 Earnings Call Highlights: Robust Order Book and Revenue Growth Amid Challenges
Thermax Transcript: Q4 25/26
Q4 FY26 saw strong revenue and order inflow, highlighted by a major supercritical boiler win and robust pipelines in core and emerging sectors. Margin pressures from raw material costs and project delays persist, but execution and CapEx plans support a positive FY27 outlook.
Thermax Quarterly report: Q4 2026
Thermax has published its Q4 2026 quarterly earnings report on May 8, 2026.
Thermax Slides: Q4 2026
Thermax has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 8, 2026.
Thermax Ltd (BOM:500411) Q3 2026 Earnings Call Highlights: Strong International Orders and ...
Thermax Ltd (BOM:500411) Q3 2026 Earnings Call Highlights: Strong International Orders and Strategic Growth Initiatives
Thermax Transcript: Q3 25/26
Q3 FY26 saw mixed results with strong international order wins and a robust backlog, but margin pressures in Chemicals and Industrial Products due to mix and cost headwinds. Management expects Q4 to deliver improved profitability and remains bullish on growth, especially in data centers and green solutions.
Thermax Quarterly report: Q3 2026
Thermax has published its Q3 2026 quarterly earnings report on February 5, 2026.
Thermax Slides: Q3 2026
Thermax has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 5, 2026.
Thermax Ltd (NSE:THERMAX) Q3 2026 Earnings Report Preview: What To Look For
Thermax Ltd (NSE:THERMAX) Q3 2026 Earnings Report Preview: What To Look For
Thermax Ltd (BOM:500411) Q2 2026 Earnings Call Highlights: Strategic Shifts and Growth ...
Thermax Ltd (BOM:500411) Q2 2026 Earnings Call Highlights: Strategic Shifts and Growth Prospects Amidst Challenges
Thermax Transcript: Q2 25/26
Order book grew 25% YoY in H1, with a 20%+ full-year growth target. Q2 saw a one-time hit from legacy projects, but most low-margin backlog will clear by early next year. Management expects strong H2 revenue and profit growth, with a focus on higher-margin orders and robust international opportunities.
Thermax Quarterly report: Q2 2026
Thermax has published its Q2 2026 quarterly earnings report on November 12, 2025.
Thermax Slides: Q2 2026
Thermax has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 12, 2025.
Thermax Ltd (NSE:THERMAX) Q2 2026 Earnings Report Preview: What to Expect
Thermax Ltd (NSE:THERMAX) Q2 2026 Earnings Report Preview: What to Expect
Thermax Transcript: Q1 25/26
Q1 FY26 saw a 2% revenue decline due to project delays, but margins improved with a government incentive. Order book grew 7% and management expects double-digit growth, with new products and international markets driving future performance.
Thermax Quarterly report: Q1 2026
Thermax has published its Q1 2026 quarterly earnings report on August 1, 2025.
Thermax Slides: Q1 2026
Thermax has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on August 1, 2025.
Thermax shares in focus after Q1 profit, margins beat estimates
Shares of Thermax Ltd are in focus on Friday, August 1, after the engineering company reported a 38.5% year-on-year jump in net profit for the June quarter, coming in at ₹151.5 crore, beating analyst ...
Thermax Q1 Results: Profit surges 39% YoY to Rs 151 crore, revenue down 2% YoY
Thermax Ltd., a leading player in energy and environment solutions, announced its Q1 FY26 financial results, showing strong bottom-line performance despite challenges on the revenue front. The company...
Thermax Transcript: Q4 24/25
Q4 FY25 delivered INR 3,000 crores in revenue with strong operational consistency, despite a major bio-CNG loss. Order pipeline for FY26 is robust, with selective resumption in bio-CNG and continued growth expected in chemicals, industrial products, and green solutions.
Thermax Annual report: Q4 2025
Thermax has published its Q4 2025 annual report on May 12, 2025.
Thermax Quarterly report: Q4 2025
Thermax has published its Q4 2025 quarterly earnings report on May 12, 2025.
Thermax Slides: Q4 2025
Thermax has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on May 12, 2025.
Thermax Transcript: Q3 24/25
Q3FY25 was challenging with revenue and profitability misses due to project delays and losses in FGD and Bio-CNG, but a strong Q4 is expected with improved backlog management and robust order pipeline. Strategic focus is shifting away from low-margin government projects, with investments in chemicals and product innovation supporting future growth.
Thermax Quarterly report: Q3 2025
Thermax has published its Q3 2025 quarterly earnings report on February 7, 2025.