Thermax Limited (NSE:THERMAX)

Thermax Revenue

In the fiscal year ending March 31, 2026, Thermax had annual revenue of 109.62B INR with 5.52% growth. Thermax had revenue of 34.82B in the quarter ending March 31, 2026, with 12.86% growth.

• Revenue: 109.62B
• Revenue Growth: +5.52%
• P/S Ratio: 4.61
• Revenue / Employee: 19.57M
• Employees: 5,601
• Market Cap: 504.96B

Revenue History

Fiscal Year End	Revenue	Change	Growth
Mar 31, 2026	109.62B	5.73B	5.52%
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%

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

May 12, 2026

Data Sources Report a data error