Thermax Limited (BOM:500411)
4,324.60
+73.90 (1.74%)
At close: Jul 31, 2026
Thermax Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, Thermax stock has a consensus rating of "Hold" and an average price target of ₹4,294. The average 1-year stock price forecast is 0.71% lower than the current stock price, while the lowest is ₹2,893 (-33.10%) and the highest is ₹5,335 (+23.36%).
Price Target: ₹4,294 (-0.71%)
Analyst Consensus: Hold
Price Target
ChartAnalyst Ratings
The average analyst rating for Thermax stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 9 | 9 | 9 |
| Sell | 2 | 2 | 2 | 3 | 3 | 3 |
| Strong Sell | 2 | 2 | 2 | 4 | 4 | 4 |
| Total | 20 | 20 | 20 | 22 | 22 | 22 |
Financial Forecast
Revenue This Year
125.84B
from 106.94B
Increased by 17.67%
Revenue Next Year
148.34B
from 125.84B
Increased by 17.89%
EPS This Year
73.77
from 67.83
Increased by 8.75%
EPS Next Year
96.67
from 73.77
Increased by 31.04%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.