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Thermax Limited. (IN:THERMAX)
:THERMAX
India Market

Thermax Limited. (THERMAX) Stock Forecast & Price Target

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THERMAX Analyst Ratings

Currently, no data available
Based on NaN analysts giving stock ratings to
Thermax
Limited.
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

THERMAX Stock 12 Month Forecast

There Are No Analyst Ratings for IN:THERMAX In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

THERMAX Financial Forecast

THERMAX Earnings Forecast

Next quarter’s earnings estimate for THERMAX is ₹12.49 with a range of ₹8.60 to ₹15.17. The previous quarter’s EPS was ₹10.60. THERMAX beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year THERMAX has Performed in-line its overall industry.
Next quarter’s earnings estimate for THERMAX is ₹12.49 with a range of ₹8.60 to ₹15.17. The previous quarter’s EPS was ₹10.60. THERMAX beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year THERMAX has Performed in-line its overall industry.

THERMAX Sales Forecast

Next quarter’s sales forecast for THERMAX is ₹27.57B with a range of ₹26.49B to ₹30.37B. The previous quarter’s sales results were ₹24.74B. THERMAX beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year THERMAX has Performed in-line its overall industry.
Next quarter’s sales forecast for THERMAX is ₹27.57B with a range of ₹26.49B to ₹30.37B. The previous quarter’s sales results were ₹24.74B. THERMAX beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year THERMAX has Performed in-line its overall industry.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks - Anthropic Analyst forecast on IN:THERMAX
TipRanks - Anthropic
TipRanks - Anthropic
₹3,439₹2,944
Hold
-4.09%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - DeepSeek Analyst forecast on IN:THERMAX
TipRanks - DeepSeek
TipRanks - DeepSeek
₹3,429₹2,972
Hold
-3.18%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - xAI Analyst forecast on IN:THERMAX
TipRanks - xAI
TipRanks - xAI
₹3,445₹3,016
Hold
-1.75%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - PerPlexity Analyst forecast on IN:THERMAX
TipRanks - PerPlexity
TipRanks - PerPlexity
₹3,510₹2,987
Hold
-2.69%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - Google Analyst forecast on IN:THERMAX
TipRanks - Google
TipRanks - Google
₹3,091₹2,958
Hold
-3.64%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - OpenAI Analyst forecast on IN:THERMAX
TipRanks - OpenAI
TipRanks - OpenAI
₹3,502₹3,001
Hold
-2.24%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
Analyst Type
Any
Any
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks - Anthropic Analyst forecast on IN:THERMAX
TipRanks - Anthropic
TipRanks - Anthropic
₹3,439₹2,944
Hold
-4.09%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - DeepSeek Analyst forecast on IN:THERMAX
TipRanks - DeepSeek
TipRanks - DeepSeek
₹3,429₹2,972
Hold
-3.18%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - xAI Analyst forecast on IN:THERMAX
TipRanks - xAI
TipRanks - xAI
₹3,445₹3,016
Hold
-1.75%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - PerPlexity Analyst forecast on IN:THERMAX
TipRanks - PerPlexity
TipRanks - PerPlexity
₹3,510₹2,987
Hold
-2.69%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - Google Analyst forecast on IN:THERMAX
TipRanks - Google
TipRanks - Google
₹3,091₹2,958
Hold
-3.64%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
TipRanks - OpenAI Analyst forecast on IN:THERMAX
TipRanks - OpenAI
TipRanks - OpenAI
₹3,502₹3,001
Hold
-2.24%
Downside
Reiterated
11/22/25
AI Generated ArticleAI Generated Article
Stocks with the Highest Top Analyst Consensus in the Industrials Sector
Find stocks in the Industrials sector that are highly recommended by Top Performing Analysts.

THERMAX Analyst Recommendation Trends

Rating
Jul 25
Aug 25
Sep 25
Oct 25
Strong Buy
0
0
0
0
Buy
2
3
4
2
Hold
3
7
21
23
Sell
0
0
0
0
Strong Sell
0
0
0
0
total
5
10
25
25
In the current month, THERMAX has received 2 Buy Ratings, 23 Hold Ratings, and 0 Sell Ratings. THERMAX average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.

THERMAX Stock Forecast FAQ

What is IN:THERMAX’s average 12-month price target, according to analysts?
Currently, no data Available
What is IN:THERMAX’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for IN:THERMAX, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is Thermax Limited. a Buy, Sell or Hold?
      Currently, no data Available
      What is Thermax Limited.’s share price target?
      Currently, no data Available
      What do analysts say about Thermax Limited.?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of Thermax Limited.?
      To buy shares of IN:THERMAX, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.