Thermax Limited (BOM:500411)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
Industrial Products	50.96B	45.30B	40.55B	33.38B	25.76B
Industrial Infra	43.48B	46.94B	44.55B	39.28B	29.88B
Green Solutions	7.32B	6.90B	5.07B	3.63B	2.17B
Chemicals	7.58B	7.63B	6.63B	6.73B	5.39B
Inter Segment	-2.40B	-3.08B	-3.57B	-2.11B	-1.91B
Total	106.94B	103.69B	93.23B	80.90B	61.28B

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
India	76.10B	80.39B	72.59B	60.41B	45.06B
Outside India	30.84B	23.30B	20.65B	20.49B	16.22B
Total	106.94B	103.69B	93.23B	80.90B	61.28B

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 6, 2026

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