Thermax Limited (NSE:THERMAX)
India · Delayed Price · Currency is INR 4,300.00
+48.50 (1.14%)
Jul 31, 2026, 3:30 PM IST
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 0.14% lower than the current stock price, while the lowest is ₹2,893 (-32.72%) and the highest is ₹5,335 (+24.07%).
Price Target: ₹4,294 (-0.14%)
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
120.16B
from 106.94B
Increased by 12.36%
Revenue Next Year
146.57B
from 120.16B
Increased by 21.98%
EPS This Year
65.03
from 67.83
Decreased by -4.13%
EPS Next Year
91.97
from 65.03
Increased by 41.43%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.