Thermax Limited (BOM:500411)
India · Delayed Price · Currency is INR 3,966.70
-70.25 (-1.74%)
At close: Aug 21, 2026
Thermax Stock Forecast
Stock Price Forecast
According to 21 analysts polled by S&P Global, Thermax stock has a consensus rating of "Hold" and an average price target of ₹4,392. The average 1-year stock price forecast is 10.72% higher than the current stock price, while the lowest is ₹3,300 (-16.81%) and the highest is ₹5,325 (+34.24%).
Price Target: ₹4,392 (+10.72%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 5 | 5 | 6 | 6 |
| Buy | 2 | 2 | 1 | 1 | 1 | 2 |
| Hold | 6 | 6 | 9 | 9 | 8 | 8 |
| Sell | 2 | 2 | 3 | 3 | 3 | 2 |
| Strong Sell | 2 | 2 | 4 | 4 | 4 | 3 |
| Total | 20 | 20 | 22 | 22 | 22 | 21 |
Financial Forecast
Revenue This Year
121.70B
from 106.94B
Increased by 13.80%
Revenue Next Year
145.31B
from 121.70B
Increased by 19.40%
EPS This Year
60.89
from 67.83
Decreased by -10.24%
EPS Next Year
89.41
from 60.89
Increased by 46.85%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.