Thermax Limited (NSE:THERMAX)
India · Delayed Price · Currency is INR 3,096.00
-65.30 (-2.07%)
Oct 23, 2026, 3:29 PM IST
Thermax Market Cap
Thermax has a market cap or net worth of 348.76 billion as of October 22, 2026. It is the 4,391st most valuable company in the world and the 250th biggest in India. Its market cap has decreased by 3.82% in one year.
Market Cap
348.76B
Enterprise Value
347.90B
Revenue
108.39B
Global Rank
Country Rank
#250 India
PE Ratio
58.80
ChartMarket Cap Chart
Since August 19, 2002, Thermax's market cap has increased from 3.32B to 348.76B, an increase of 10,394.49%. That is a compound annual growth rate of 21.21%.
| Date | Market Cap | % Change |
|---|---|---|
| Oct 23, 2026 | 348.76B | 2.44% |
| Dec 31, 2025 | 340.47B | -25.17% |
| Dec 31, 2024 | 454.96B | 31.10% |
| Dec 29, 2023 | 347.02B | 56.56% |
| Dec 30, 2022 | 221.65B | 10.15% |
| Dec 31, 2021 | 201.23B | 96.81% |
| Dec 31, 2020 | Upgrade Pro | Upgrade Pro |
| Dec 31, 2019 | Upgrade Pro | Upgrade Pro |
| Dec 31, 2018 | Upgrade Pro | Upgrade Pro |
| Dec 29, 2017 | Upgrade Pro | Upgrade Pro |
| Dec 30, 2016 | Upgrade Pro | Upgrade Pro |
Market Capitalization
Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.
Formula: Market Cap = Stock Price * Shares Outstanding
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