Thermax Ltd. (THMX)

Currency in INR
3,825.10
+46.50(+1.23%)
Real-time Data·
THMX Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Earnings results expected tomorrow
Fair Value
Day's Range
3,786.703,843.20
52 wk Range
2,950.055,719.00
Key Statistics
Bid/Ask
3,825.10 / 3,827.70
Prev. Close
3,778.6
Open
3,795
Day's Range
3,786.7-3,843.2
52 wk Range
2,950.05-5,719
Volume
32.06K
Average Volume (3m)
192.5K
1-Year Change
-25.18%
Fair Value
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Fair Value Upside
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THMX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
3,506.86
Downside
-8.32%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 4 consecutive years

Thermax Ltd. News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Thermax Ltd. Company Profile

Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering, procurement, and construction (EPC) of power plants, infra projects, and flue gas desulphurisation projects, along with associated services and manufacturing, installation, sales and services related to boiler and heater plants. The Green solutions segment builds, owns and operates BOO models, energy management solutions, oil and gas-fired, green hydrogen projects and renewable energy (Solar/Wind). The Chemical segment offers manufacturing, installation, sales and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services. It also operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services. In addition, the company offers steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery. It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries. Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Compare THMX to Peers and Sector

Metrics to compare
THMX
Peers
Sector
Relationship
P/E Ratio
67.1x39.4x12.5x
PEG Ratio
−39.610.570.03
Price/Book
8.6x6.2x1.4x
Price / LTM Sales
4.1x2.7x1.2x
Upside (Analyst Target)
−7.5%19.8%15.3%
Fair Value Upside
Unlock−5.9%6.9%Unlock

Analyst Ratings

8 Buy
7 Hold
6 Sell
Ratings:
21 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 3,506.86
(-8.32% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 56.33%
Dividend Yield
0.37%
Industry Median 0.49%
Annualised payout
14.00
Paid unevenly
5-Years Growth
+14.87%
Growth Streak

Earnings

Latest Release
May 09, 2025
EPS / Forecast
18.25 / 20.78
Revenue / Forecast
30.85B / 29.86B
EPS Revisions
Last 90 days

THMX Income Statement

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FAQ

What Stock Exchange Does Thermax Trade On?

Thermax is listed and trades on the India National Stock Exchange stock exchange.

What Is the Stock Symbol for Thermax?

The stock symbol for Thermax is "THMX."

What Is the Thermax Market Cap?

As of today, Thermax market cap is 431.41B.

What Is Thermax's Earnings Per Share (TTM)?

The Thermax EPS (TTM) is 56.33.

When Is the Next Thermax Earnings Date?

Thermax will release its next earnings report on 30 Jul 2025.

From a Technical Analysis Perspective, Is THMX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Thermax Stock Split?

Thermax has split 1 times.

How Many Employees Does Thermax Have?

Thermax has 5601 employees.

What is the current trading status of Thermax (THMX)?

As of 30 Jul 2025, Thermax (THMX) is trading at a price of 3,825.10, with a previous close of 3,778.60. The stock has fluctuated within a day range of 3,786.70 to 3,843.20, while its 52-week range spans from 2,950.05 to 5,719.00.

What Is Thermax (THMX) Price Target According to Analysts?

The average 12-month price target for Thermax is INR3506.85714, with a high estimate of INR4465 and a low estimate of INR2400. 8 analysts recommend buying the stock, while 6 suggest selling, leading to an overall rating of Neutral. The stock has an -8.32% Downside potential.
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