Thermax Limited. (IN:THERMAX)
:THERMAX
Total Valuation
Thermax Limited. has a market cap or net worth of ₹393.36B. The enterprise value is ₹383.68B.
Market Cap₹393.36B
Enterprise Value₹383.68B
Share Statistics
Thermax Limited. has 119,156,300 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding119,156,300
Owned by Insiders―
Owned by Institutions0.03%
Financial Efficiency
Thermax Limited.’s return on equity (ROE) is 0.13 and return on invested capital (ROIC) is 8.36%.
Return on Equity (ROE)0.13
Return on Assets (ROA)0.05
Return on Invested Capital (ROIC)8.36%
Return on Capital Employed (ROCE)0.13
Revenue Per Employee19.63M
Profits Per Employee1.21M
Employee Count5,225
Asset Turnover0.85
Inventory Turnover8.38
Valuation Ratios
The current PE Ratio of Thermax Limited. is 41.7. Thermax Limited.’s PEG ratio is -37.24.
PE Ratio41.7
PS Ratio3.90
PB Ratio8.10
Price to Fair Value8.10
Price to FCF285.46
Price to Operating Cash Flow571.74
PEG Ratio-37.24
Income Statement
In the last 12 months, Thermax Limited. had revenue of 102.56B and earned 6.34B in profits. Earnings per share was 56.33.
Revenue102.56B
Gross Profit42.18B
Operating Income8.19B
Pretax Income8.84B
Net Income6.34B
EBITDA11.57B
Earnings Per Share (EPS)56.33
Cash Flow
In the last 12 months, operating cash flow was 633.40M and capital expenditures -3.96B, giving a free cash flow of -3.33B billion.
Operating Cash Flow633.40M
Free Cash Flow-3.33B
Free Cash Flow per Share-27.91
Dividends & Yields
Thermax Limited. pays an annual dividend of ₹14, resulting in a dividend yield of 0.48%
Dividend Per Share₹14
Dividend Yield0.48%
Payout Ratio26.85%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.56
52-Week Price Change7.44%
50-Day Moving Average3.08K
200-Day Moving Average3.19K
Relative Strength Index (RSI)57.21
Average Volume (3m)4.51K
Important Dates
Thermax Limited. upcoming earnings date is May 27, 2026, TBA (Confirmed).
Last Earnings DateFeb 2, 2026
Next Earnings DateMay 27, 2026
Ex-Dividend Date―
Financial Position
Thermax Limited. as a current ratio of 1.30, with Debt / Equity ratio of 35.84%
Current Ratio1.30
Quick Ratio1.17
Debt to Market Cap0.04
Net Debt to EBITDA1.12
Interest Coverage Ratio7.88
Taxes
In the past 12 months, Thermax Limited. has paid 2.58B in taxes.
Income Tax2.58B
Effective Tax Rate0.29
Enterprise Valuation
Thermax Limited. EV to EBITDA ratio is 35.69, with an EV/FCF ratio of 294.74.
EV to Sales4.03
EV to EBITDA35.69
EV to Free Cash Flow294.74
EV to Operating Cash Flow39.60
Balance Sheet
Thermax Limited. has ₹25.93B in cash and marketable securities with ₹18.11B in debt, giving a net cash position of ₹7.82B billion.
Cash & Marketable Securities₹25.93B
Total Debt₹18.11B
Net Cash₹7.82B
Net Cash Per Share₹65.66
Tangible Book Value Per Share₹421.58
Margins
Gross margin is 43.77%, with operating margin of 7.98%, and net profit margin of 6.19%.
Gross Margin43.77%
Operating Margin7.98%
Pretax Margin8.62%
Net Profit Margin6.19%
EBITDA Margin11.28%
EBIT Margin9.74%
Analyst Forecast
The average price target for Thermax Limited. is ―, which is 11.43% higher than the current price. The consensus rating is ―
Price Target―
Price Target Upside―
Analyst Consensus―
Analyst Count0
Revenue Growth Forecast3.37%
EPS Growth Forecast-19.95%