India · Delayed Price · Currency is INR Thermax Statistics
Total Valuation
Thermax has a market cap or net worth of INR 358.28 billion. The enterprise value is 357.42 billion.
| Market Cap | 358.28B |
| Enterprise Value | 357.42B |
Important Dates
The next confirmed earnings date is Thursday, November 5, 2026.
| Earnings Date | Nov 5, 2026 |
| Ex-Dividend Date | Jul 3, 2026 |
Share Statistics
| Current Share Class | 112.65M |
| Shares Outstanding | n/a |
| Shares Change (YoY) | +0.01% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 0.01% |
| Owned by Institutions (%) | 19.99% |
| Float | 32.52M |
Valuation Ratios
The trailing PE ratio is 60.41 and the forward PE ratio is 45.83.
| PE Ratio | 60.41 |
| Forward PE | 45.83 |
| PS Ratio | 3.31 |
| PB Ratio | 6.42 |
| P/TBV Ratio | 6.73 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 66.16 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 60.24 |
| EV / Sales | 3.30 |
| EV / EBITDA | 40.83 |
| EV / EBIT | 54.88 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.42.
| Current Ratio | 1.22 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 2.69 |
| Debt / FCF | n/a |
| Interest Coverage | 4.53 |
Financial Efficiency
Return on equity (ROE) is 13.69% and return on invested capital (ROIC) is 8.39%.
| Return on Equity (ROE) | 13.69% |
| Return on Assets (ROA) | 4.21% |
| Return on Invested Capital (ROIC) | 8.39% |
| Return on Capital Employed (ROCE) | 11.14% |
| Weighted Average Cost of Capital (WACC) | n/a |
| Revenue Per Employee | 27.36M |
| Profits Per Employee | 1.50M |
| Employee Count | 3,962 |
| Asset Turnover | 0.87 |
| Inventory Turnover | 8.71 |
Taxes
In the past 12 months, Thermax has paid 2.48 billion in taxes.
| Income Tax | 2.48B |
| Effective Tax Rate | 29.57% |
Stock Price Statistics
The stock price has decreased by -3.96% in the last 52 weeks.
| Beta (5Y) | n/a |
| 52-Week Price Change | -3.96% |
| 50-Day Moving Average | 3,540.50 |
| 200-Day Moving Average | 3,796.20 |
| Relative Strength Index (RSI) | 39.35 |
| Average Volume (20 Days) | 29,372 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, Thermax had revenue of INR 108.39 billion and earned 5.93 billion in profits. Earnings per share was 52.65.
| Revenue | 108.39B |
| Gross Profit | 36.95B |
| Operating Income | 6.52B |
| Pretax Income | 8.39B |
| Net Income | 5.93B |
| EBITDA | 8.76B |
| EBIT | 6.52B |
| Earnings Per Share (EPS) | 52.65 |
Balance Sheet
The company has 24.67 billion in cash and 23.53 billion in debt, with a net cash position of 1.15 billion.
| Cash & Cash Equivalents | 24.67B |
| Total Debt | 23.53B |
| Net Cash | 1.15B |
| Net Cash Per Share | n/a |
| Equity (Book Value) | 55.79B |
| Book Value Per Share | 492.56 |
| Working Capital | 12.88B |
Cash Flow
In the last 12 months, operating cash flow was 5.42 billion and capital expenditures -9.52 billion, giving a free cash flow of -4.11 billion.
| Operating Cash Flow | 5.42B |
| Capital Expenditures | -9.52B |
| Depreciation & Amortization | 2.24B |
| Net Borrowing | 5.31B |
| Free Cash Flow | -4.11B |
| FCF Per Share | n/a |
Margins
Gross margin is 34.09%, with operating and profit margins of 6.01% and 5.47%.
| Gross Margin | 34.09% |
| Operating Margin | 6.01% |
| Pretax Margin | 7.74% |
| Profit Margin | 5.47% |
| EBITDA Margin | 8.08% |
| EBIT Margin | 6.01% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 20.00, which amounts to a dividend yield of 0.63%.
| Dividend Per Share | 20.00 |
| Dividend Yield | 0.63% |
| Dividend Growth (YoY) | 42.86% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 37.99% |
| FCF Payout Ratio | n/a |
| Buyback Yield | -0.01% |
| Shareholder Yield | 0.62% |
| Earnings Yield | 1.66% |
| FCF Yield | -1.15% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Analyst Forecast
The average price target for Thermax is 4,419.10, which is 38.95% higher than the current price. The consensus rating is "Hold".
| Price Target | 4,419.10 |
| Price Target Difference | 38.95% |
| Analyst Consensus | Hold |
| Analyst Count | 20 |
| Revenue Growth Forecast (3Y) | 16.30% |
| EPS Growth Forecast (3Y) | 18.27% |
Stock Splits
The last stock split was on March 31, 2006. It was a forward split with a ratio of 5.
| Last Split Date | Mar 31, 2006 |
| Split Type | Forward |
| Split Ratio | 5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |