Thermax Limited (NSE:THERMAX)

Thermax Revenue

Thermax had revenue of 24.74B INR in the quarter ending September 30, 2025, a decrease of -5.27%. This brings the company's revenue in the last twelve months to 102.26B, up 3.46% year-over-year. In the fiscal year ending March 31, 2025, Thermax had annual revenue of 103.89B with 11.43% growth.

• Revenue (ttm): 102.26B
• Revenue Growth: +3.46%
• P/S Ratio: 3.32
• Revenue / Employee: 18.26M
• Employees: 5,601
• Market Cap: 339.37B

Revenue History

Fiscal Year End	Revenue	Change	Growth
Mar 31, 2025	103.89B	10.65B	11.43%
Mar 31, 2024	93.23B	12.34B	15.25%
Mar 31, 2023	80.90B	19.61B	32.01%
Mar 31, 2022	61.28B	13.37B	27.91%
Mar 31, 2021	47.91B	-9.40B	-16.40%