India · Delayed Price · Currency is INR Thermax Statistics
Total Valuation
Thermax has a market cap or net worth of INR 485.03 billion. The enterprise value is 484.17 billion.
| Market Cap | 485.03B |
| Enterprise Value | 484.17B |
Important Dates
The last earnings date was Thursday, July 30, 2026.
| Earnings Date | Jul 30, 2026 |
| Ex-Dividend Date | Jul 3, 2026 |
Share Statistics
Thermax has 112.64 million shares outstanding. The number of shares has increased by 0.01% in one year.
| Current Share Class | 112.64M |
| Shares Outstanding | 112.64M |
| Shares Change (YoY) | +0.01% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 0.01% |
| Owned by Institutions (%) | 21.63% |
| Float | 32.51M |
Valuation Ratios
The trailing PE ratio is 81.78 and the forward PE ratio is 60.00. Thermax's PEG ratio is 2.86.
| PE Ratio | 81.78 |
| Forward PE | 60.00 |
| PS Ratio | 4.47 |
| PB Ratio | 8.69 |
| P/TBV Ratio | 9.12 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 89.56 |
| PEG Ratio | 2.86 |
Enterprise Valuation
| EV / Earnings | 81.60 |
| EV / Sales | 4.47 |
| EV / EBITDA | 55.31 |
| EV / EBIT | 74.34 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 2.69 |
| Debt / FCF | -5.73 |
| Interest Coverage | 4.53 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | n/a |
| Return on Invested Capital (ROIC) | 8.40% |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 6.23% |
| Revenue Per Employee | 19.35M |
| Profits Per Employee | 1.06M |
| Employee Count | 5,601 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
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 increased by +12.06% in the last 52 weeks. The beta is 0.38, so Thermax's price volatility has been lower than the market average.
| Beta (5Y) | 0.38 |
| 52-Week Price Change | +12.06% |
| 50-Day Moving Average | 4,696.30 |
| 200-Day Moving Average | 3,618.35 |
| Relative Strength Index (RSI) | 39.05 |
| Average Volume (20 Days) | 370,866 |
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 or 10.20 per share.
| Cash & Cash Equivalents | 24.67B |
| Total Debt | 23.53B |
| Net Cash | 1.15B |
| Net Cash Per Share | 10.20 |
| Equity (Book Value) | 55.79B |
| Book Value Per Share | 492.56 |
| Working Capital | n/a |
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 | -36.47 |
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 14.00, which amounts to a dividend yield of 0.33%.
| Dividend Per Share | 14.00 |
| Dividend Yield | 0.33% |
| Dividend Growth (YoY) | 42.86% |
| Years of Dividend Growth | 4 |
| Payout Ratio | n/a |
| Buyback Yield | -0.01% |
| Shareholder Yield | 0.31% |
| Earnings Yield | 1.22% |
| FCF Yield | -0.85% |
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 4,294.09, which is 3.23% higher than the current price. The consensus rating is "Hold".
| Price Target | 4,294.09 |
| Price Target Difference | 3.23% |
| Analyst Consensus | Hold |
| Analyst Count | 22 |
| Revenue Growth Forecast (3Y) | 16.39% |
| EPS Growth Forecast (3Y) | 19.58% |
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 | 2 |