In the last 20 years, only 2.33 % trading sessions saw intraday declines higher than 5 % .
Thermax Share Price
Thermax Share Price
Thermax share price insights
Company delivered ROE of 14.53% in year ending Mar 31, 2024 outperforming its 5 year avg. of 10.1%. (Source: Consolidated Financials)
Company has spent less than 1% of its operating revenues towards interest expenses and 12.32% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Black Marubozu(s) was formed for Thermax
Thermax Ltd. share price moved down by -4.67% from its previous close of Rs 4,859.45. Thermax Ltd. stock last traded price is 4,632.55
Share Price Value Today/Current/Last 4,632.55 Previous Day 4,859.45
Key Metrics
PE Ratio (x) | 74.44 | ||||||||||
EPS - TTM (₹) | 62.23 | ||||||||||
MCap (₹ Cr.) | 55,199.75 | ||||||||||
Sectoral MCap Rank | 5 | ||||||||||
PB Ratio (x) | 13.04 | ||||||||||
Div Yield (%) | 0.26 | ||||||||||
Face Value (₹) | 2.00 | ||||||||||
Beta Beta
| 2.11 | ||||||||||
VWAP (₹) | 4,696.31 | ||||||||||
52W H/L (₹) |
Thermax Share Price Returns
1 Day | -4.67% |
1 Week | -9.37% |
1 Month | -10.89% |
3 Months | 7.38% |
1 Year | 63.67% |
3 Years | 177.22% |
5 Years | 344.11% |
Thermax News & Analysis
Number of smallcap stocks offering double-digit returns falls even as bulls dominate the week
NewsAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript
AnnouncementsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
AnnouncementsAnnouncement under Regulation 30 (LODR)-Change in Management
Announcements
Thermax Share Recommendations
Recent Recos
Current
Mean Recos by 19 Analysts
SellSellHoldBuyStrong
Buy
- Target₹4237
- OrganizationPrabhudas Lilladher
- REDUCE
- Target₹3045
- OrganizationICICI Securities
- ADD
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 |
Buy | 4 | 2 | 2 | 2 |
Hold | 5 | 6 | 6 | 7 |
Sell | 8 | 8 | 8 | 9 |
Strong Sell | - | 1 | 1 | 2 |
# Analysts | 19 | 19 | 19 | 22 |
Thermax Financials
Insights
Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 12.32% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Quarterly | Annual Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Total Income 2,671.36 2,268.50 2,818.93 2,382.76 2,368.32 Total Income Growth (%) 17.76 -19.53 18.31 0.61 19.25 Total Expenses 2,375.69 2,079.29 2,540.41 2,046.66 2,130.80 Total Expenses Growth (%) 14.25 -18.15 24.12 -3.95 13.29 EBIT 295.67 189.21 278.52 336.10 237.52 EBIT Growth (%) 56.27 -32.07 -17.13 41.50 125.72 Profit after Tax (PAT) 197.03 115.81 190.33 238.34 157.73 PAT Growth (%) 70.13 -39.15 -20.14 51.11 167.88 EBIT Margin (%) 11.07 8.34 9.88 14.11 10.03 Net Profit Margin (%) 7.38 5.11 6.75 10.00 6.66 Basic EPS (₹) 17.49 10.28 16.90 21.17 14.00 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 10,153.01 8,838.61 7,461.11 6,506.87 5,955.89 Total Assets Growth (%) 14.87 18.46 14.67 9.25 -12.41 Total Liabilities 5,713.21 4,968.39 3,968.62 3,255.48 2,927.99 Total Liabilities Growth (%) 14.99 25.19 21.91 11.18 -22.66 Total Equity 4,439.80 3,870.22 3,492.49 3,251.39 3,027.90 Total Equity Growth (%) 14.72 10.82 7.42 7.38 0.45 Current Ratio (x) 1.36 1.38 1.26 1.45 1.43 Total Debt to Equity (x) 0.28 0.21 0.10 0.09 0.07 Contingent Liabilities 1,086.66 956.05 529.58 1,806.30 1,670.86 All figures in Rs Cr, unless mentioned otherwise
Insights
Cash from Operations vs PAT
Operating cash flow of Rs 247.3 cr is 0.38 times compared to the reported net profit of Rs 645.28 cr. (Source: Consolidated Financials)Decrease in Cash from Investing
Company has used Rs 509.21 cr for investing activities which is an YoY decrease of 25.08%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 247.30 459.56 324.71 769.48 325.58 Net Cash used in Investing Activities -509.21 -679.68 -421.58 -635.68 -168.51 Net Cash flow from Financing Activities 285.40 348.54 -20.58 77.24 -232.45 Net Cash Flow 19.02 144.29 -115.37 219.81 -46.89 Closing Cash & Cash Equivalent 466.75 447.73 303.44 418.81 199.00 Closing Cash & Cash Equivalent Growth (%) 4.25 47.55 -27.55 110.46 -19.07 Total Debt/ CFO (x) 5.08 1.76 1.09 0.40 0.65 All figures in Rs Cr, unless mentioned otherwise
Insights
ROE Outperforming 5 Year Average
Company delivered ROE of 14.53% in year ending Mar 31, 2024 outperforming its 5 year avg. of 10.1%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 14.53 11.64 8.94 6.35 7.01 Return on Capital Employed (%) 16.24 14.46 11.75 10.13 12.29 Return on Assets (%) 6.35 5.09 4.18 3.17 3.56 Interest Coverage Ratio (x) 11.76 20.16 21.79 22.43 25.94 Asset Turnover Ratio (x) 0.98 0.99 0.67 0.57 96.22 Price to Earnings (x) 73.53 57.47 70.42 73.53 39.22 Price to Book (x) 10.64 6.67 6.26 4.66 2.75 EV/EBITDA (x) 46.14 33.61 38.80 29.21 15.93 EBITDA Margin (%) 11.04 9.36 8.94 9.66 8.83
Thermax Technicals
Stock doesn't have any Buy/Sell Signals.
- 43%Positive Movement since
1st Jan 2005 on basis57%Negative Movement since
1st Jan 2005 on basisExclude Pivot Levels
R1 R2 R3 PIVOT S1 S2 S3 Classic 4808.03 4983.52 5262.52 4704.52 4529.03 4425.52 4146.52 Average True Range
5 DAYS 14 DAYS 28 DAYS ATR 242.97 212.24 201.94
Thermax Peer Comparison
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Thermax MF Ownership
1,108.23
Amount Invested (in Cr.)
2.19%
% of AUM
-1.10
% Change (MoM basis)
1,034.34
Amount Invested (in Cr.)
2.96%
% of AUM
0.00
% Change (MoM basis)
851.77
Amount Invested (in Cr.)
1.69%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 October 2024
Thermax Corporate Actions
Meeting Date Announced on Purpose Details Nov 13, 2024 Oct 22, 2024 Board Meeting Quarterly Results Aug 01, 2024 Jul 23, 2024 Board Meeting Quarterly Results Aug 01, 2024 Jul 08, 2024 AGM - May 10, 2024 Apr 22, 2024 Board Meeting Audited Results & Dividend Feb 08, 2024 Jan 23, 2024 Board Meeting Quarterly Results Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 600% 12.0 Jul 05, 2024 May 10, 2024 Final 500% 10.0 Jul 21, 2023 May 17, 2023 Final 450% 9.0 Jul 21, 2022 May 20, 2022 Final 350% 7.0 Jul 22, 2021 May 25, 2021 Interim 350% 7.0 Mar 20, 2020 Mar 04, 2020 All Types Ex-Date Record Date Announced on Details Splits Mar 31, 2006 Apr 10, 2006 Jan 31, 2006 Split: Old FV10.0| New FV:2.0 Bonus Sep 08, 2003 Sep 09, 2003 May 29, 2003 Bonus Ratio: 2 share(s) for every 1 shares held
About Thermax
Thermax Ltd., incorporated in the year 1980, is a Mid Cap company (having a market cap of Rs 55,199.75 Crore) operating in Engineering sector. Thermax Ltd. key Products/Revenue Segments include Sale of services, Export Incentives, Scrap, Commission, Royalty Income for the year ending 31-Mar-2024. Show More
Executives
Auditors
- MP
Meher Pudumjee
ChairpersonABAshish Bhandari
Managing Director & CEOPPPheroz Pudumjee
Non Executive DirectorHMHarsh Mariwala
Independent DirectorShow More - SRBC & Co LLP
Industry
Key Indices Listed on
Nifty 500, BSE 500, BSE 250 LargeMidCap Index, + 15 more
Address
D-13, MIDC, Industrial Area,R D Aga Road,Pune, Maharashtra - 411019
More Details
FAQs about Thermax share
- 1. What is Thermax share price and what are the returns for Thermax share?As on 19 Nov, 2024, 03:59 PM IST Thermax share price was down by 4.67% basis the previous closing price of Rs 5,003.85. Thermax share price was Rs 4,632.55. Return Performance of Thermax Shares:
- 1 Week: Thermax share price moved down by 9.37%
- 1 Month: Thermax share price moved down by 10.89%
- 6 Month: Thermax share price moved down by 7.04%
- 2. What are the key metrics to analyse Thermax Share Price?Key Metrics for Thermax are:
- PE Ratio of Thermax is 74.44
- Price/Sales ratio of Thermax is 5.07
- Price to Book ratio of Thermax is 13.04
- 3. Should I buy, sell or hold Thermax?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 19 analysts for Thermax stock is to Hold. Recommendation breakup is as follows
- 2 analysts are recommending Strong Buy
- 2 analysts are recommending to Buy
- 6 analysts are recommending to Hold
- 8 analysts are recommending to Sell
- 1 analyst is recommending Strong Sell
- 4. What are the returns for Thermax share?Return Performance of Thermax Shares:
- 1 Week: Thermax share price moved down by 9.37%
- 1 Month: Thermax share price moved down by 10.89%
- 6 Month: Thermax share price moved down by 7.04%
- 5. What's the market capitalization of Thermax?Thermax share has a market capitalization of Rs 55,199.75 Cr. Within Engineering sector, it's market cap rank is 5.
- 6. What are the Thermax quarterly results?Total Revenue and Earning for Thermax for the year ending 2024-03-31 was Rs 9556.03 Cr and Rs 645.28 Cr on Consolidated basis. Last Quarter 2024-09-30, Thermax reported an income of Rs 2671.36 Cr and profit of Rs 197.03 Cr.
- 7. Which are the key peers to Thermax?Within Engineering sector Thermax, Honeywell Automation India Ltd., Triveni Turbine Ltd., ISGEC Heavy Engineering Ltd., ABB India Ltd. and Siemens Ltd. are usually compared together by investors for analysis.
- 8. What is the CAGR of Thermax?The CAGR of Thermax is 18.11.
- 9. What has been highest price of Thermax share in last 52 weeks?52 Week high of Thermax share is Rs 5,839.95 while 52 week low is Rs 2,500.25
- 10. Who is the Chief Executive Officer of Thermax?Ashish Bhandari is the Managing Director & CEO of Thermax
- 11. Who are the key owners of Thermax stock?
- Promoter holding has not changed in last 9 months and holds 61.98 stake as on 30 Sep 2024
- Domestic Institutional Investors holding have gone down from 15.86 (31 Dec 2023) to 12.72 (30 Sep 2024)
- Foreign Institutional Investors holding has gone up from 12.01 (31 Dec 2023) to 15.37 (30 Sep 2024)
- Other investor holding have gone down from 10.15 (31 Dec 2023) to 9.93 (30 Sep 2024)
- 12. What is the PE & PB ratio of Thermax?The PE ratio of Thermax stands at 78.09, while the PB ratio is 12.32.
- 13. What dividend is Thermax giving?An equity Final dividend of Rs 12 per share was declared by Thermax Ltd. on 10 May 2024. So, company has declared a dividend of 600% on face value of Rs 2 per share. The ex dividend date was 05 Jul 2024.
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