Thermax Share Price
(THERMAX)
₹3370.7▲3.33%
as on 04:01PM, 13 Mar 2025
Thermax Performance
Day's Low
Day's High
₹3,238Day's Price Range₹3,481.652 Week's Low
52 Week's High
₹2,950.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | + 11.93 % |
| 3 Month Return | -31.28 % |
| 1 Year Return | -3.25 % |
| Market Stats | |
| Previous Close | ₹3,262.20 |
| Open | ₹3,301.50 |
| Volume | 3.57L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹40,164.01Cr |
Thermax Key Statistics
P/E Ratio
61.33
PEG Ratio
86.38
Market Cap
₹40,164.01 Cr
P/B Ratio
14.13
EPS
57.12
Dividend Yield
0.29
Sector
Capital Goods-Non Electrical Equipment
ROE
12.95
Thermax Mutual Fund Holdings
Thermax Analyst Rating
based on 21 analysts
38.10%
Buy
33.33%
Hold
28.57%
Sell
Based on 21 analysts offering long term price targets for Thermax. An average target of ₹3677.24
Source: S&P Global Market Intelligence
Thermax Share analysis
Thermax price forecast by 21 analysts
Upside of9.09%
High
₹5481
Target
₹3677.24
Low
₹2400
Thermax target price ₹3677.24, a slight upside of 9.09% compared to current price of ₹3370.7. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2027:49.86%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2027:55.63%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Thermax Ltd
Thermax Ltd Faces Mixed Performance Amid Market Volatility - 13 Mar, 2025
Thermax Ltd shares have seen significant long-term growth, turning ₹1 lakh into ₹3.46 crore over 24 years. However, recent performance shows volatility, with a 51% decline in Q3 net profit and a 14.11% YTD drop. Revenue fell short of expectations despite a 7.9% increase, while order bookings decreased by 8%. Overall, the stock has gained 303.38% over five years but has struggled in the short term.Thermax Forms Joint Venture with Brazil's OCQ - 10 Mar, 2025
Thermax Ltd's subsidiary, Thermax Chemical Solutions, has signed a joint venture agreement with Brazil's OCQ, acquiring a 51% stake to manufacture acrylic resins in India. This venture aims to enhance Thermax's chemical portfolio and expand its market presence.Thermax Ltd Rises for Third Straight Session - 06 Mar, 2025
Thermax Ltd shares increased by 3.31% to Rs 3344, marking a third consecutive day of gains. Despite this, the stock is down 8.17% over the past year.Thermax Upgraded with Target Price Increase - 04 Mar, 2025
Kotak Equities upgraded Thermax to 'add' from 'reduce', raising the target price to Rs 3,600, indicating a potential 9.8% upside due to improved project execution and strong product performance.UBS Initiates Buy Rating on Thermax Stock - 28 Feb, 2025
UBS has initiated a buy rating on Thermax, setting a target price of ₹4,100. The firm forecasts a 25% earnings CAGR from FY24 to FY27, driven by strong market share and order inflows, despite a recent stock decline.Thermax Ltd Faces Continued Decline in Stock Price - 27 Feb, 2025
Thermax Ltd has slipped for the fifth consecutive session, down 1.06% at Rs 3166.6. The stock has lost approximately 12.82% over the past month, underperforming the Nifty and Nifty Energy index.Thermax Upgraded to Accumulate Amidst Challenges - 12 Feb, 2025
Prabhudas Lilladher upgrades Thermax to 'Accumulate' with a target price of Rs 3,857, citing recent stock price corrections and optimism for Q4 despite weak Q3 performance.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 15.38% to 15.49% in Dec 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, THERMAX stock has moved up by 11.9%
NO EFFECTAgainst Peers
In the last 1 year, Schaeffler India Ltd has given 15.4% return, outperforming this stock by 18.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Schaeffler India Ltd has given 86.1% return, outperforming this stock by 9.0%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 197.03 Cr → 115.9 Cr (in ₹), with an average decrease of 41.2% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 12.06% to 11.87% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.67K Cr → 2.53K Cr (in ₹), with an average decrease of 4.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.44% to 4.40% in Dec 2024 quarter
Thermax Financials
Index Inclusions
Thermax Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 15.49% | 0.72 | |
| Mutual Funds | 11.87% | ||
| Retail Investors | 4.4% | ||
| Others | 6.26% | 1.93 |
Thermax Key Indicators
Thermax Valuation
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Industry (48.87x)
March 13, 2025
Today (61.33x)
March 13, 2025
Highest (116.86x)
March 10, 2021
Thermax Earnings and Dividends
Thermax Ltd Earnings Results
Thermax Ltd’s net profit fell -51.37% since last year same period to ₹115.90Cr in the Q3 2024-2025. On a quarterly growth basis, Thermax Ltd has generated -41.18% fall 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 0.65%.
Read More about Dividends
Thermax Technicals Summary
Bearish
Neutral
Bullish
Thermax Ltd is currently in a Bearish trading position according to technical analysis indicators.
Thermax Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹40,164.01 Cr | 66.52% | 0.55 | ₹643 Cr | ₹9,323 Cr | |
| HOLD | ₹29,663.76 Cr | 17.6% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹78,593.13 Cr | 109.57% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹67,318.73 Cr | 143.15% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| BUY | ₹1,08,466.36 Cr | 86.21% | 0.51 | NA | NA |
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.
Share Price: ₹3370.70 per share as on 13 Mar, 2025 04:01 PM
Market Capitalisation: ₹40,164.01Cr as of today
Revenue: ₹2,507.76Cr as on December 2024 (Q4 24)
Net Profit: ₹113.73Cr as on December 2024 (Q4 24)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax |
| Headquarters | Pune |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
FAQs on Thermax Ltd
What is Thermax Ltd price today?
Thermax Ltd share price today stands at ₹3370.7, Open: ₹3301.5, Previous Close: ₹3262.2, High: ₹3481.6, Low: ₹3238, 52 Week High: ₹5839.95, 52 Week Low: ₹2950.05.
How to Buy Thermax Ltd Share in India?
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Is Thermax Ltd listed on NSE?
Thermax Ltd is listed on NSE
Is Thermax Ltd listed on BSE?
Thermax Ltd is listed on BSE
What are today's High and Low prices of Thermax Ltd?
- Today's highest price of Thermax Ltd is ₹3481.6.
- Today's lowest price of Thermax Ltd is ₹3238.
What are today's traded volumes of Thermax Ltd?
Today's traded volume of Thermax Ltd(THERMAX) is 3.57L.
What is today's market capitalisation of Thermax Ltd?
Today's market capitalisation of Thermax Ltd(THERMAX) is ₹40164.01Cr.
What is the 52 Week High and Low Range of Thermax Ltd?
How much percentage Thermax Ltd is down from its 52 Week High?
Thermax Ltd (THERMAX) share price is ₹3370.7. It is down -42.28% from its 52 Week High price of ₹5839.95
How much percentage Thermax Ltd is up from its 52 Week low?
Thermax Ltd (THERMAX) share price is ₹3370.7. It is up 14.26% from its 52 Week Low price of ₹2950.05
What are the historical returns of Thermax Ltd?
What is the PE ratio of Thermax Ltd today?
PE Ratio of Thermax Ltd is 61.33
PE ratio = Thermax Ltd Market price per share / Thermax Ltd Earnings per share