Thermax Share Price (THERMAX)
Check the latest share price of Thermax, along with the price target, peer comparison, quarterly results, recent news, expert analysis, shareholding pattern, and other key fundamentals to make informed investment decisions.
as on 04:01PM, 13 Jun 2025
NSE
Thermax Stock Performance
Get live Thermax share price, day's high and low, historical returns, and market stats.
Day's Low
Day's High
₹3,462.3Day's Price Range₹3,591.952 Week's Low
52 Week's High
₹2,950.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | + 4.28 % |
| 3 Month Return | + 9.58 % |
| 1 Year Return | -33.15 % |
| 3 Year Return | + 76.33 % |
| 5 Year Return | + 393.92 % |
| Market Stats | |
| Previous Close | ₹3,570.60 |
| Open | ₹3,488.10 |
| Volume | 49.01K |
| Upper Circuit | ₹4,284.70 |
| Lower Circuit | ₹2,856.50 |
Thermax Fundamentals & Key Indicators
Check Thermax market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
₹42,310.02 Cr
Return on Equity (ROE)
12.95
PE Ratio (TTM)
63.04
Return on capital employed (ROCE)
16.28
Industry PE ratio
57.01
Beta (LTM)
1.07
P/B Ratio
14.13
Dividend Yield
0.29
PEG Ratio
-64.99
Quarterly Earnings Growth YOY
9.58
EPS (TTM)
57.12
Sector
Capital Goods-Non Electrical Equipment
Book Value
394.3
Technical Analysis
Bullish
View Technical Analysis
How to invest in Thermax?
Investing in Thermax is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Thermax or THERMAX on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
For example: You can buy 10 shares of Thermax or start an SIP based on the market price on each investment date.
You can easily transfer money to your stock account via the INDmoney app and start investing in stocks like Thermax with just a few clicks!
Thermax Stock's Interest Amongst Investors
Thermax Valuation
Track how Thermax P/E has moved over time to understand its valuation trends.
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Industry (57.01x)
June 13, 2025
Today (63.04x)
June 13, 2025
Highest (116.86x)
March 10, 2021
Today’s Price to Earnings Ratio: 63.04x
Thermax Stock Recommendation
Get updated buy, sell, and hold recommendations by analysts on Thermax.
based on 21 analysts
38.10%
Buy
33.33%
Hold
28.57%
Sell
38.1% of analysts recommend a 'HOLD' rating for Thermax. Average target price of ₹3477.19
Source: S&P Global Market Intelligence
Thermax Share Price Target
Get share price movements and forecasts by analysts on Thermax.
Thermax price forecast by 21 analysts
Downside of-2.07%
High
₹4465
Target
₹3477.19
Low
₹2400
Thermax target price ₹3477.19, a slight downside of -2.07% compared to current price of ₹3550.8. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2027:45.68%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2027:49.28%
Forecast
Actual
Source: S&P Global Market Intelligence
Thermax Financial Results
Get the annual and quarterly financial summary of Thermax, including revenue, profit, loss and more.
Indices Featuring Thermax Stock
Check stock indices that include Thermax.
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 8.09% since last year same period to ₹205.73Cr in the Q4 2024-2025. On a quarterly growth basis, Thermax Ltd has generated 77.51% jump in its net profits since last 3-months.
Read More about Earnings ResultsThermax Ltd Dividends May,2024
In the quarter ending March 2024, Thermax Ltd has declared dividend of ₹12 - translating a dividend yield of 0.62%.
Read More about Dividends
Thermax Shareholding Pattern
View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Thermax.
| Investors | Holdings % | Quarterly Trend | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 15.86% | 0.00 | |
| Mutual Funds | 11.26% | 0.00 | |
| Retail Investors | 4.44% | 0.00 | |
| Others | 6.46% | 0.00 |
Thermax vs Peers
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 | 42,310.02 | 78.78% | 0.55 | 643 | 9,323 | |
| HOLD | 32,482.05 | 23.32% | 0.53 | 1,136 | 4,853 | |
| BUY | 91,753.20 | 148.23% | 0.52 | 1,720 | 9,000 | |
| HOLD | 88,287.72 | 154.26% | 0.71 | 282 | 23,892 | |
| BUY | 1,27,123.83 | 128.84% | 0.50 | NA | NA |
Thermax News & Key Events
Latest news and events in one place to help you make informed investing decisions in Thermax.
Thermax Shares Rise Amid Positive Financial Trends - 02 Jun, 2025
Thermax shares rose by 2.01% to Rs 3456.20, reflecting strong financial performance with consistent revenue and profit growth. Investor sentiment remains neutral.Thermax Ltd Shows Strong Financial Growth - 29 May, 2025
Thermax Ltd has demonstrated consistent revenue growth, increasing from Rs 4,791.25 Cr in 2021 to Rs 10,388.69 Cr in 2025. Net profit rose from Rs 206.58 Cr to Rs 626.94 Cr, while EPS improved from Rs 18.34 to Rs 56.33. The debt-to-equity ratio stands at 0.34 in 2025, indicating a manageable level of debt.Thermax Shares Rise Amid Positive Financial Trends - 22 May, 2025
Thermax shares increased by 2.29% to Rs 3623.80, reflecting positive trading activity. The company shows consistent revenue growth and strong financial performance, indicating bullish sentiment.Thermax Shares Surge Amid High Trading Volume - 19 May, 2025
Thermax shares rose 2.44% to Rs 3510.20, driven by high trading volumes. The company's consistent financial growth has attracted investor interest, despite recent bearish sentiment.ICICI Securities Reiterates Sell Rating on Thermax - 15 May, 2025
ICICI Securities has reiterated a Sell rating on Thermax, citing weak order inflows and cost pressures from legacy projects. They have trimmed FY26/FY27 estimates by 5% and set a target price of Rs 3,100.Thermax Q4 Growth Amid Order Challenges - 12 May, 2025
Thermax's Q4 results show an 8.1% net profit increase and 11.6% revenue growth. UBS maintains a 'Buy' rating, targeting ₹4,100 despite order inflow declines.Thermax Announces Record Dividend and Q4 Growth - 09 May, 2025
Thermax Ltd announced a 700% dividend of Rs 14 per share for FY 2024-25, alongside a 10% rise in Q4 net profit to Rs 206 crore. Revenue increased to Rs 3,085 crore, though results missed estimates due to higher costs. The record date for the dividend is set for July 4, 2025.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 4.40% to 4.44% in Mar 2025 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.49% to 15.86% in Mar 2025 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 115.9 Cr → 205.73 Cr (in ₹), with an average increase of 43.7% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.53K Cr → 3.16K Cr (in ₹), with an average increase of 19.7% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Mar 2025 quarter
- NO EFFECT
Against Peers
In the last 1 year, AIA Engineering Ltd has given -13.4% return, outperforming this stock by 19.8%
- NO EFFECT
Against Peers
In the last 3 years, Schaeffler India Ltd has given 84.3% return, outperforming this stock by 7.9%
NEGATIVE IMPACTPrice Dip
In the last 1 year, THERMAX stock has moved down by -33.2%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 11.87% to 11.26% in Mar 2025 quarter
About Thermax
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: ₹3,084.93Cr as on March 2025 (Q4 FY25)
Net Profit: ₹205.55Cr as on March 2025 (Q4 FY25)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax Ltd |
| Headquarters | Pune |
| Industry | Capital Goods-Non Electrical Equipment |
| CEO | Meher P Pudumjee |
| E-voting on shares | Click here to vote |
Mutual Funds that own Thermax
Check out the Mutual Funds with significant holdings in Thermax.
FAQs
What is Thermax share price today?
Thermax share price today stands at ₹3550.8, Open: ₹3488.1, Previous Close: ₹3570.6, High: ₹3591.9, Low: ₹3462.3, 52 Week High: ₹5839.95, 52 Week Low: ₹2950.05.
What is today's traded volume of Thermax?
Today's traded volume of Thermax is 49.01K. Which means that 49.01K shares of Thermax were bought and sold on the stock market during today's trading session.
What is Thermax's market cap today?
Today's market capitalisation of Thermax is ₹42,310.02 Cr. Market cap or market capitalisation is the total value of a company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares issued by the company.
What is the 52 week high and 52 week low range of Thermax?
Thermax’s 52 week high is ₹5839.95 and 52 week low is ₹2950.05. The current share price of Thermax is ₹3550.8, which is -39.20% down from its 52 week high and 20.36% up from its 52 week low.