Thermax Share Price
₹3318.00
+6.60
(+0.20%)
as on
Thermax Stock Performance
as on September 18, 2025 at 11:52 am IST
Day's Low
Day's High
₹3,306₹3,348
0.36%
Downside
0.90%
Upside
52 Week's Low
52 Week's High
₹2,950.05₹5,71911.09%
Downside
72.36%
Upside
Thermax share price movements today
- Previous Close
- ₹3,311.40
- Open
- ₹3,321.00
- Volume
- 19.12K
- Upper Circuit
- ₹3,973.60
- Lower Circuit
- ₹2,649.20
- Day's Low - High
- ₹3,306 - ₹3,348
- 52 Week Low - High
- ₹2,950.05 - ₹5,719
Thermax Historical Returns
- 1 Month Return
- + 1.06 %
- 3 Month Return
- -5.63 %
- 1 Year Return
- -36.57 %
- 3 Year Return
- + 31.2 %
- 5 Year Return
- + 324.1 %
Thermax Fundamentals
as on September 18, 2025 at 11:52 am IST
Market Cap
₹39,457.42 Cr
Return on Equity (ROE)
13.43
PE Ratio (TTM)
55.58
Return on capital employed (ROCE)
16.22
Industry PE ratio
69.76
Beta (LTM)
0.84
P/B Ratio
10.97
Dividend Yield
0.38
PEG Ratio
-20.06
Quarterly Earnings Growth YOY
38.41
EPS (TTM)
55.63
Sector
Capital Goods - Electrical Equipment
Book Value
438.25
Technical Analysis
Bearish
View Technical Analysis
Thermax Stock Valuation
as on September 18, 2025 at 11:52 am IST
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Today (55.58x)
September 17, 2025
Industry (69.76x)
September 17, 2025
Highest (116.86x)
March 10, 2021
Today’s Price to Earnings Ratio: 55.58x
Thermax Ltd vs Peer Comparison
Compare market cap, revenue, PE, and other key metrics of Thermax with its industry peers.
Company | Analyst View | Market Cap(in ₹ Cr) | 5 Year CAGR | Debt to Asset Ratio | Net Profit(in ₹ Cr) | Yearly Revenue(in ₹ Cr) |
|---|---|---|---|---|---|---|
| HOLD | 39,457.42 | 64.82% | 0.64 | 626 | 10,388 | |
| HOLD | 29,464.74 | 13.49% | 0.53 | 1,060 | 4,290 | |
| BUY | 1,14,356.09 | 151.36% | 0.52 | 1,999 | 10,390 | |
| HOLD | 81,591.71 | 115.25% | 0.75 | 533 | 28,339 | |
| BUY | 1,14,129.61 | 99.58% | 0.00 | NA | NA |
Analyst Recommendation on Thermax Stock
Based on 22 analysts
36.36%
Buy
36.36%
Hold
27.27%
Sell
Based on 22 analysts, 36.36% of analysts recommend a 'HOLD' rating for Thermax. Average target price of ₹3656.95
Source: S&P Global Market Intelligence
Thermax Share Price Target
Get share price movements and forecasts by analysts on Thermax.
What analysts predicted
10.44%UPSIDE
Target Price
₹3656.95
Current Price
₹3318
Analyzed by
22 Analysts
High
₹5100
Target
₹3656.95
Low
₹2400
Thermax target price ₹3656.95, a slight upside of 10.44% compared to current price of ₹3318. According to 22 analysts rating.
Source: S&P Global Market Intelligence
Thermax Stock's Interest Amongst Investors
Investment in Thermax Ltd Shares on INDmoney has grown by 50.34% over the past 30 days, indicating increased transactional activity.
Time period: to
Change:50.34% versus previous 30 day period
Search interest for Thermax Ltd Stock has decreased by -9% in the last 30 days, reflecting a downward trend in search activity.
Time period: to
Thermax Ltd Quarterly Profit & Loss
Figures in Rupees Crores
Thermax Ltd Annual Profit & Loss
Figures in Rupees Crores
Thermax Ltd Cash Flow
Figures in Rupees Crores
Mutual Funds that own Thermax Stock
Check out the Mutual Funds with significant holdings in Thermax.
Funds | Holdings | Shares Held | |
|---|---|---|---|
 SBI Large Cap Fund Direct Growth | 1.77% | 2900000 | |
SBI Focused Fund Direct Plan Growth | 1.95% | 2300000 | |
 Kotak Flexicap Fund Direct Growth | 1.32% | 2200000 | |
SBI Midcap Fund Direct Growth | 1.75% | 1200000 | |
SBI Energy Opportunities Fund Direct Growth | 3.86% | 1133474 |
Thermax Earnings and Dividends
View detailed summary of the earnings and dividend history of Thermax.
Thermax Ltd Earnings Results
Thermax Ltd’s net profit jumped 31.58% since last year same period to ₹152.38Cr in the Q1 2025-2026. On a quarterly growth basis, Thermax Ltd has generated -25.93% fall in its net profits since last 3-months.
Read More about Earnings ResultsThermax Ltd Dividends May,2025
In the quarter ending March 2025, Thermax Ltd has declared dividend of ₹14.00 per share on 09 May 2025 - translating a dividend yield of 0.78%.
Read More about Dividends
Indices Featuring Thermax Stock
Check stock indices that include Thermax.
Insights on Thermax Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.86% to 16.02% in Jun 2025 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 4.44% to 4.79% in Jun 2025 quarter
NO EFFECTAgainst Peers
In the last 1 year, Schaeffler India Ltd has given 7.3% return, outperforming this stock by 43.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Jun 2025 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.26% to 10.71% in Jun 2025 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 3.16K Cr → 2.21K Cr (in ₹), with an average decrease of 29.9% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, THERMAX stock has moved down by -36.6%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 205.73 Cr → 152.38 Cr (in ₹), with an average decrease of 25.9% per quarter
About Thermax Ltd
Thermax's top products include boilers, chillers, water and waste management systems, air pollution control systems, and energy management systems. Its popular brands include Thermax, Thermion, and Thermofin. Thermax is also the leading supplier of energy efficient solutions in India, with its products helping customers reduce their energy consumption and carbon footprint.
Revenue: ₹2,150.18Cr as on June 2025 (Q1 FY26)
Net Profit: ₹151.45Cr as on June 2025 (Q1 FY26)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax Ltd |
| Headquarters | Pune |
| Industry | Capital Goods - Electrical Equipment |
| CEO | Meher P Pudumjee |
| E-voting on shares | Click here to vote |
FAQs
What is Thermax share price today?
Thermax share price today stands at ₹3318 as on . Thermax share today touched a day high of ₹3348 and a low of ₹3306.
What is the 52 week high and 52 week low range for Thermax share?
Thermax touched a 52 week high of ₹5719 and a 52 week low of ₹2950.05. Thermax share price today i.e. is trending at ₹3318, which is -41.98% down from its 52 week high and 12.47% up from its 52 week low.
What is Thermax's market capitalisation today?
Thermax market capitalisation is ₹39,457.42 Cr as on .
How to buy Thermax shares?
To buy Thermax shares, you need to follow these steps:
- Open a Demat account and Trading account on INDmoney
- Fund your Trading account
- Search for THERMAX or Thermax Ltd on the INDmoney app to check live prices of the stock
- Click on Buy or SIP to place an order to invest in Thermax shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
What is Thermax trading volume today?
Thermax trading volume is 19.12K as on . This means that 19.12K shares of Thermax were bought and sold on the stock market during today's trading session.