Thermax Limited. (IN:THERMAX)
:THERMAX
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THERMAX Stock Chart & Stats
₹3069.65
-₹115.10(-2.81%)
At close: 4:00 PM EST
₹3069.65
-₹115.10(-2.81%)
Day’s Range― - ―
52-Week Range₹2,744.20 - ₹4,867.15
Previous CloseN/A
Volume51.58K
Average Volume (3M)4.51K
Market Cap
₹536.50B
Enterprise Value₹506.52B
Total Cash (Recent Filing)₹25.93B
Total Debt (Recent Filing)₹18.11B
Price to Earnings (P/E)51.0
Beta0.80
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.48%
Share Statistics
EPS (TTM)N/A
Shares Outstanding119,156,300
10 Day Avg. Volume3,560
30 Day Avg. Volume4,507
Financial Highlights & Ratios
PEG Ratio3.77
Price to Book (P/B)6.62
Price to Sales (P/S)3.44
P/FCF Ratio-84.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Diversified Product & Service MixThermax's broad suite of engineered equipment plus EPC execution across heat, cooling, power and water creates multiple revenue channels and reduces dependence on any single end market. This structural diversification supports resilience to sectoral capex swings and enables cross‑sell over a multi‑year project lifecycle.
Aftermarket And O&M Recurring RevenueA sizeable installed base and service offerings produce recurring aftermarket and O&M revenues that are higher margin and more predictable than one‑off equipment sales. Over 2–6 months to years, this supports cash stability, customer retention and lifecycle monetization even if project booking cycles fluctuate.
Generally Healthy Balance Sheet And Stable ROEConsistent equity growth and a mid‑teens ROE indicate competent capital allocation and profitable operations. Moderate leverage (debt/equity ~0.42) provides funding capacity for project execution while keeping financial risk contained, supporting investment and tendering capability over the medium term.
Bears Say
Weak And Inconsistent Cash GenerationNegative free cash flow despite positive operating cash flow signals elevated working capital needs or higher capex. Over months to quarters this reduces internal funding for growth, increases reliance on external financing, and weakens the link between reported earnings and cash available for reinvestment or debt reduction.
Pronounced Margin VolatilityLarge swings in gross margin point to mix shifts, input‑cost pressure or one‑offs that erode predictability of project and product margins. For an engineering business, sustained margin volatility impairs forecasting, weakens pricing leverage in tenders, and can compress cash generation and returns over multiple quarters.
Rising Leverage TrendA clear upward trend in debt increases interest and refinancing exposure. If cash conversion remains choppy, higher leverage can limit strategic flexibility, raise funding costs for new projects, and heighten vulnerability to cyclical downturns, making balance‑sheet management a multi‑period focus.
Thermax Limited. News
THERMAX FAQ
What was Thermax Limited.’s price range in the past 12 months?
Thermax Limited. lowest stock price was ₹2744.20 and its highest was ₹4867.15 in the past 12 months.
What is Thermax Limited.’s market cap?
Thermax Limited.’s market cap is ₹536.50B.
When is Thermax Limited.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Thermax Limited.’s earnings last quarter?
Currently, no data Available
Is Thermax Limited. overvalued?
According to Wall Street analysts Thermax Limited.’s price is currently Overvalued.
Does Thermax Limited. pay dividends?
Thermax Limited. pays a Annually dividend of ₹14 which represents an annual dividend yield of 0.48%. See more information on Thermax Limited. dividends here
What is Thermax Limited.’s EPS estimate?
Thermax Limited.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Thermax Limited. have?
Thermax Limited. has 119,156,300 shares outstanding.
What happened to Thermax Limited.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Thermax Limited.?
Currently, no hedge funds are holding shares in IN:THERMAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Thermax Limited.
Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through three segments: Energy, Environment, and Chemical. The company offers vapor absorption and hybrid chillers, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, radiators, and air cooled heat exchangers and condensers; EPC solutions, such as cogen or trigen power plants, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery units, thermal oil heaters and vaporizers, hot water and air generators, energy plants, and packaged and modular units, as well as specialized services. In addition, the company offers air pollution control and water and waste solutions; and chemicals, such as ion exchange resins, water and fuel treatment chemicals, oil field chemicals, and construction chemicals. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, commercial/construction, engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was founded in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.
Technical Analysis
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