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Thermax share price

Thermax Ltd.

NSE: THERMAX BSE: 500411 SECTOR: Engineering - Industrial Equipments  83k   105   11

4432.75
-198.95 (-4.30%)
BSE: Today, 02:56 PM

Price Summary

Today's High

₹ 4590

Today's Low

₹ 4319

52 Week High

₹ 5835

52 Week Low

₹ 2500

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

52819.01 Cr.

Enterprise Value

52780.05 Cr.

No. of Shares

11.92 Cr.

P/E

100.98

P/B

14.73

Face Value

₹ 2

Div. Yield

0.27 %

Book Value (TTM)

₹  300.84

CASH

346.76 Cr.

DEBT

307.8 Cr.

Promoter Holding

61.98 %

EPS (TTM)

₹  43.9

Sales Growth

13.24%

ROE

12.97 %

ROCE

16.59%

Profit Growth

32.86 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 21 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year13.24%
3 Year22.96%
5 Year10.46%

Profit Growth

1 Year32.86%
3 Year45.84%
5 Year9.71%

ROE%

1 Year12.97%
3 Year10.13%
5 Year8.26%

ROCE %

1 Year16.59%
3 Year12.97%
5 Year10.82%

Debt/Equity

0.0872

Price to Cash Flow

581.77

Interest Cover Ratio

25.3314

CFO/PAT (5 Yr. Avg.)

0.996558784156233

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 61.98 0.00
Jun 2024 61.98 0.00
Mar 2024 61.98 0.00
Dec 2023 61.98 0.00
Sep 2023 61.98 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 45.8408748529222% for the Past 3 years.
  • The company has shown a good revenue growth of 22.9621782416177% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 25.3314.
  • The company has an efficient Cash Conversion Cycle of -7.4579 days.
  • The company has a high promoter holding of 61.98%.

 Limitations

  • Company has contingent liabilities of 1590.17 Cr.
  • The company is trading at a high PE of 100.98.
  • The company is trading at a high EV/EBITDA of 80.878.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 1443.9 1479.78 1737.64 1310.95 1518.76
Total Expenditure 1302.53 1358.77 1602.69 1238.54 1391.76
Operating Profit 141.37 121.01 134.95 72.41 127
Other Income 57.79 34.7 51.85 68.53 37.48
Interest 5.61 6.16 6.75 5.97 8.3
Depreciation 17.75 17.98 19.48 18.79 20.31
Exceptional Items -73.41 126.12 0 0 0
Profit Before Tax 102.39 257.69 160.57 116.18 135.87
Tax 38 57.07 32.02 30.2 27.94
Profit After Tax 64.39 200.62 128.55 85.98 107.93
Adjusted EPS (Rs) 5.4 16.84 10.79 7.22 9.06

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 3234.74 3131.48 4015.39 5141.16 5821.93
Total Expenditure 3021.26 2913.5 3803.48 4760.48 5343.55
Operating Profit 213.48 217.98 211.91 380.68 478.38
Other Income 104.4 140.53 138.67 136.34 196.18
Interest 5.23 8.57 13.33 19.58 23.84
Depreciation 62.61 63.99 67.19 73.15 72.74
Exceptional Items -14.89 -103.03 -14 7.2 2.08
Profit Before Tax 235.15 182.92 256.06 431.49 580.06
Tax 73.76 41.9 55.27 102.23 142.62
Net Profit 213.99 141.02 200.79 329.26 437.44
Adjusted EPS (Rs.) 13.55 11.84 16.85 27.63 36.71

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 23.83 23.83 23.83 23.83 23.83
Total Reserves 2713.66 2855.55 2977.17 3193.93 3512.87
Borrowings 0 0 0 0 0
Other N/C liabilities 31.91 62.95 55.59 13.18 21.78
Current liabilities 1600.06 2036.86 2320.24 2872.51 3136.4
Total Liabilities 4369.46 4979.19 5376.83 6103.45 6694.88
Assets
Net Block 748.08 770.68 746.1 713.8 749.51
Capital WIP 55.42 20.26 14.97 44.91 107.23
Intangible WIP 0 3.1 0 0 4.38
Investments 772.36 788.17 1460.95 1086.01 1427.46
Loans & Advances 469.7 312.04 411.31 328.68 346.38
Other N/C Assets 0.83 0.57 26.11 26.34 14.48
Current Assets 2323.07 3084.37 2717.39 3903.71 4045.44
Total Assets 4369.46 4979.19 5376.83 6103.45 6694.88
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 325.64 182.92 256.06 431.49 580.06
Adjustment 36.59 72.78 -18.74 12.56 -14.88
Changes in Assets & Liabilities 3.4 235.75 -61.75 95.03 -351.3
Tax Paid -112.45 -82.44 -81.7 -120.4 -123.09
Operating Cash Flow 253.18 409.01 93.87 418.68 90.79
Investing Cash Flow -98.4 -375.16 -100.17 -337.63 103.39
Financing Cash Flow -238.59 62.92 -52.64 -81.49 -51.38
Net Cash Flow -83.81 96.77 -58.94 -0.44 142.8

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 61.98 61.98 61.98 61.98 61.98
ara trusteeship company p... 7.99 7.99 7.99 7.99 7.99
pheroz n pudumjee 0.01 0.01 - 0.01 0.01
rda holdings private ltd 53.99 53.99 53.99 53.99 53.99
pheroz pudumjee - - 0.01 - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 38.02 38.02 38.02 38.02 38.02
investor education and pr... 0.12 - 0.12 - 0.12
jasmeet bhatia 2.43 2.43 2.43 2.43 2.42
kotak funds - india midca... 1.29 1.35 1.36 1.36 1.36
kotak mahindra trustee co... 6.96 - 6.37 4.83 4.17
nalanda india equity fund... 6.86 6.86 6.86 5.51 5.13
sbi esg exclusionary stra... - - - 4.59 5.83
investor education and pr... - 0.12 - 0.12 -
sbi nifty midcap 150 inde... 2.72 - 3.37 - -
tata aia life insurance c... - - 1.28 - -
kotak pioneer fund - 6.88 - - -
sbi magnum midcap fund - 2.81 - - -
tata aia life insurance c... 1.37 1.37 - - -

Ratings & Research Reports

Company Presentations

Company News

Thermax informs about details of loss of certificate 18 Nov, 4:52 PM Thermax informs about change in management 18 Nov, 4:33 PM Thermax - Quaterly Results 13 Nov, 4:15 PM Thermax - Quaterly Results 13 Nov, 4:15 PM Thermax - Quaterly Results 13 Nov, 4:15 PM Thermax signs agreement to acquire 100% stake in Buildtech Products India 25 Oct, 5:42 PM Thermax informs about issuance of letter(s) of confirmation 24 Oct, 3:23 PM Thermax informs about loss of share certificate 11 Oct, 5:18 PM Thermax informs about loss of share certificate 11 Oct, 5:05 PM Thermax’s arm receives repeat order worth Rs 516 crore 14 Sep, 4:14 PM Thermax enters into strategic collaboration with Ceres Power 12 Sep, 6:05 PM Thermax informs about transcript of analyst meet 6 Aug, 3:00 PM Thermax informs about loss of share certificates 6 Aug, 12:22 PM Thermax - Quaterly Results 1 Aug, 3:29 PM Thermax - Quaterly Results 1 Aug, 3:29 PM Thermax - Quaterly Results 1 Aug, 3:29 PM Thermax informs about disclosure 24 Jul, 12:20 PM Thermax informs about updates 19 Jul, 2:55 PM Thermax informs about shareholders agreement 11 Jul, 4:27 PM Thermax informs about press release 9 Jul, 4:53 PM Thermax’s arm secures order worth Rs 513 crore from Jindal Energy Botswana 5 Jul, 12:51 PM Thermax - Quaterly Results 10 May, 5:51 PM Thermax - Quaterly Results 10 May, 5:51 PM Thermax - Quaterly Results 10 May, 5:51 PM Thermax informs about conference call 6 May, 11:18 AM Thermax informs about board meeting intimation 22 Apr, 4:05 PM Thermax opens new manufacturing facility for water, wastewater solutions in Pune 15 Apr, 2:42 PM Thermax informs about loss of share certificates 1 Mar, 4:53 PM Thermax inks pact with Flowtech to manufacture Poly Carboxylate Ether products 21 Feb, 10:44 AM Thermax gets nod for additional capex of Rs 45 crore 8 Feb, 2:25 PM Thermax - Quaterly Results 8 Feb, 1:58 PM Thermax - Quaterly Results 8 Feb, 1:58 PM Thermax - Quaterly Results 8 Feb, 1:58 PM Thermax informs about board meeting 23 Jan, 3:18 PM Thermax sells industrial plot for Rs 135.66 crore in Pune 29 Dec, 12:48 PM Thermax informs about disclosure 28 Dec, 4:45 PM Thermax informs about disclosure 26 Dec, 12:16 PM Thermax informs about closure of trading window 26 Dec, 11:19 AM Thermax infuses Rs 29.17 crore in Thermax Engineering Singapore Pte 14 Dec, 11:58 AM Thermax informs about disclosure 13 Dec, 3:15 PM Thermax secures orders worth over Rs 500 crore to set up 5 bio-CNG plants 13 Dec, 12:30 PM Thermax informs about press release 12 Dec, 10:41 AM Thermax informs about newspaper advertisement 6 Dec, 11:46 AM Thermax informs about postal ballot notice 5 Dec, 10:44 AM Thermax - Quaterly Results 3 Nov, 4:41 PM Thermax - Quaterly Results 3 Nov, 4:41 PM Thermax - Quaterly Results 3 Nov, 4:41 PM Thermax’s arm plans to infuse Rs 24.94 crore in TEELK 28 Oct, 1:00 PM Thermax informs about updates 10 Oct, 5:14 PM Thermax informs about resignation of executive vice president 31 Aug, 3:43 PM

Thermax Stock Price Analysis and Quick Research Report. Is Thermax an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Thermax stock price today is Rs 4415.25. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Thermax . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Thermax has a PE ratio of 100.578378353752 which is high and comparatively overvalued .

  • Share Price: - The current share price of Thermax is Rs 4415.25. One can use valuation calculators of ticker to know if Thermax share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Thermax has ROA of 6.8359 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Thermax has a Current ratio of 1.2898 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Thermax has a ROE of 12.9689 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Thermax has a Debt to Equity ratio of 0.0872 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Thermax has reported revenue growth of 13.2416 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Thermax for the current financial year is 8.21686279292262 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Thermax is Rs 12 and the yield is 0.274 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Thermax is Rs 43.8986 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Thermax in Ticker for free. Also, one can get the intrinsic value of Thermax by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Thermax

Thermax Ltd.Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Thermax Ltd. is an Indian energy and environment solutions provider that has been in operation since 1966. The company's stock analysis page is a valuable resource for long-term stock investors looking to make informed investment decisions.  We will explore various aspects of Thermax Ltd.'s stock analysis page, including its share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Share Price of Thermax Ltd.

Thermax Ltd.'s share price is an important metric for investors to track. The company's stock price is influenced by a variety of factors, including market conditions, industry trends, and company-specific news. By monitoring the share price, investors can gain insights into the market's perception of the company's financial health and growth prospects.

 Balance Sheet of Thermax Ltd.

Thermax Ltd.'s balance sheet is a snapshot of the company's financial position at a specific point in time. It provides information about the company's assets, liabilities, and equity. Investors can use this information to assess the company's financial health and to identify potential risks and opportunities. Our pre-built screening tools, including DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, can be used to calculate the fair value of the company's stock based on its balance sheet.

Annual Report of Thermax Ltd.

Thermax Ltd.'s annual report is a comprehensive document that provides investors with detailed information about the company's financial performance, business strategy, and future outlook. The report includes a variety of financial and non-financial data, including income statements, balance sheets, cash flow statements, and notes to the financial statements. By analyzing the annual report, investors can gain insights into the company's financial health and growth prospects.

Dividend of Thermax Ltd.

Thermax Ltd.'s dividend is a distribution of the company's profits to its shareholders. The company's dividend policy is influenced by a variety of factors, including its financial performance, growth prospects, and cash flow position. Investors can use the dividend payout ratio to assess the company's ability to sustain its dividend payments over the long term.

Quarterly Result of Thermax Ltd.

Thermax Ltd.'s quarterly result provides investors with an update on the company's financial performance over the previous three months. The report includes information about the company's revenue, expenses, and net income. By analyzing the quarterly result, investors can gain insights into the company's financial health and identify potential risks and opportunities.

Stock Price of Thermax Ltd.

Thermax Ltd.'s stock price is influenced by a variety of factors, including market conditions, industry trends, and company-specific news. By monitoring the stock price, investors can gain insights into the market's perception of the company's financial health and growth prospects. Our pre-built screening tools can be used to track the company's stock price and identify potential buying or selling opportunities.

Price Chart of Thermax Ltd.

Thermax Ltd.'s price chart is a visual representation of the company's stock price over time. By analyzing the price chart, investors can gain insights into the company's stock price trends and identify potential buying or selling opportunities.

News of Thermax Ltd.

Thermax Ltd.'s news section provides investors with the latest updates on the company's financial performance, business strategy, and future outlook. By monitoring the news section, investors can stay up-to-date on the company's latest developments and identify potential risks and opportunities.

Concall and Transcripts of Thermax Ltd.

Thermax Ltd.'s concall and transcripts section provides investors with access to the company's earnings conference calls and transcripts. By listening to the concall and reading the transcripts, investors can gain insights into the company's financial performance, business strategy, and future outlook.

Investor Presentations of Thermax Ltd.

Thermax Ltd.'s investor presentations section provides investors with access to the company's investor presentations. By reviewing the presentations, investors can gain insights into the company's business strategy, growth prospects, and financial performance.

Promoters of Thermax Ltd.

Thermax Ltd.'s promoters are the individuals or entities that own a significant stake in the company. By analyzing the promoters' shareholding pattern, investors can gain insights into the company's ownership structure and potential conflicts of interest.

Shareholders of Thermax Ltd.

Thermax Ltd.'s shareholders are the individuals or entities that own shares in the company. By analyzing the shareholding pattern, investors can gain insights into the company's ownership structure and potential conflicts of interest.

Thermax Ltd. ROCE

ROCE, or Return on Capital Employed, is a key financial ratio that measures the company's profitability and efficiency in utilizing its capital investments. Thermax Ltd.'s ROCE indicates the returns generated by the company in relation to its total capital employed. This ratio provides insights into Thermax Ltd.'s ability to generate profits with the capital invested by both shareholders and creditors. A higher ROCE suggests effective capital allocation and efficient operations, while a lower ratio may indicate inefficiency or underutilization of capital. For specific ROCE data, refer to the financials table or ratio section on this page.

Thermax Ltd. EBITDA

EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a widely used measure of a company's operating performance. It provides a clearer picture of Thermax Ltd.'s profitability by excluding non-operating expenses such as interest and taxes, as well as non-cash expenses like depreciation and amortization. EBITDA allows investors to assess Thermax Ltd.'s core operating profitability and compare it with other companies in the industry. For detailed EBITDA data and analysis, please refer to the financials table or ratio section above.

Thermax Ltd. DPS

DPS, or Dividends Per Share, is a financial metric that indicates the portion of earnings allocated to each outstanding share of Thermax Ltd.'s common stock. As an investor, DPS is an important measure to consider as it reflects the company's distribution of profits to its shareholders. A consistent and increasing DPS over time may indicate Thermax Ltd.'s ability to generate sustainable earnings and willingness to reward its shareholders. For specific DPS data and trends, please refer to the financials table or ratio section provided above.

Thermax Ltd. EPS

EPS, or Earnings Per Share, is a financial ratio that measures the portion of Thermax Ltd.'s profit allocated to each outstanding share of common stock. It is a key metric that investors use to assess a company's profitability on a per-share basis. EPS allows investors to compare Thermax Ltd.'s earnings performance across different periods and benchmark it against other companies in the industry. For detailed EPS data and analysis, please refer to the financials table or ratio section available on this page.

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