Thermax Share Price
NSE: THERMAX|BSE: 500411|Engineering43% Hold
₹2,869.90+₹19.10 (0.67%)As on 19 Dec, 2025 | 15:58 IST
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Thermax Stock Performance
Market cap  ₹32,329 Crs | Open ₹2,845.80 | Prev. Close ₹2,850.80 |
Circuit range ₹3,443.80 - ₹2,296.00 | Day range ₹2,845.80 - ₹2,879.90 | Year range ₹2,742.70 - ₹4,670.95 |
Volume 78,202 | Avg. traded ₹2,866.26 | Revenue (12m) ₹10,217 Crs |
About Thermax
Thermax Limited is an India-based energy and environment solutions provider. The Company's segments include Industrial Products, Industrial Infra, Green Solutions and Chemical. Industrial Products segment includes air pollution control, cooling, heating, water and waste solutions, and specialized services. Industrial Infra segment includes boilers and fired heaters, projects and energy solutions, and specialized services. Green Solutions segment includes build-own-operate, energy management solutions, green hydrogen projects and renewable energy (solar/wind). Chemical segment includes construction chemicals, ion exchange resins, oil field chemicals and performance chemicals. Its Thermax EDGE Live is a digital solution that uses AI and machine learning to analyze data from all industrial equipment worldwide and help clients to optimize asset performance in terms of up time and efficiency. It serves various industries, including aviation, construction, biotechnology and chemicals.
As of 22 Dec 2025, Thermax share price is ₹2,869.90. The last traded price was ₹2,850.80, showing a rise of 19.10 points (0.67%) compared to the previous close of ₹2,850.80. During the session, the Thermax touched a high of ₹2,879.90 and a low of ₹2,845.80. Thermax share price has declined by 18.83% in the last six months and declined by 38.29% over the year. The market capitalization is ₹32,329 Crs, with a P/E ratio of 76.1 and a dividend yield of 0.38%.
Thermax Share Price Today
As of 22 Dec 2025, Thermax share price is ₹2,869.90. The last traded price was ₹2,850.80, showing a rise of 19.10 points (0.67%) compared to the previous close of ₹2,850.80. During the session, the Thermax touched a high of ₹2,879.90 and a low of ₹2,845.80. Thermax share price has declined by 18.83% in the last six months and declined by 38.29% over the year. The market capitalization is ₹32,329 Crs, with a P/E ratio of 76.1 and a dividend yield of 0.38%.Thermax Key Indicators
P/E ratio 76.09 | P/B ratio 10.97 | ROE 13.43% |
ROCE 16.22% | Dividend yield 0.38% | Debt/Equity ratio 0.05 |
EPS 48.02 |
Thermax Financial Ratios
Operating profit margin 11.7% | Net profit margin 8.06% |
ROE 13.43% | ROA 13.83% |
ROCE 16.22% |
Quick ratio 1.26 | Current ratio 1 |
Interest coverage 20.81 | Asset turnover 1.53 |
Debt to Equity 0.05 |
P/E ratio 76.09 | P/B ratio 10.97 |
EV / EBITDA 52.87 | |
Dividend yield 0.38% |
Thermax Revenue Statement
All values are in ₹ Crores (Cr)
Year  | Revenue  | Operating Profit | Net Profit |
|---|---|---|---|
Mar-25 | ₹10,621.48 | ₹884.47 | ₹626.70 |
Mar-24 | ₹9,556.03 | ₹868.96 | ₹643.19 |
Mar-23 | ₹8,249.99 | ₹603.06 | ₹450.70 |
Mar-22 | ₹6,255.34 | ₹410.10 | ₹312.31 |
Thermax Cash Flow
All values are in ₹ Crores (Cr)
Year | Operating | Investing | Financing |
|---|---|---|---|
Mar-25 | ₹-1,240.55 | ||
Mar-24 | ₹-509.21 | ||
Mar-23 | ₹-679.68 | ||
Mar-22 | ₹-421.58 | ₹-20.58 |
Thermax Balance Sheet
All values are in ₹ Crores (Cr)
Period | Total Asset | Total Liability |
|---|---|---|
Mar-25 | ₹12,038.02 | ₹7,095.44 |
Mar-24 | ₹10,153.01 | ₹5,713.21 |
Mar-23 | ₹8,838.61 | ₹4,968.39 |
Mar-22 | ₹7,461.11 | ₹3,968.62 |
Thermax Share Price History
| Day | Open | Close | Change % |
|---|---|---|---|
05-Dec-25 | ₹2,868.90 | ₹2,845.70 | -0.82% |
04-Dec-25 | ₹2,889.60 | ₹2,869.10 | -0.71% |
03-Dec-25 | ₹2,923.90 | ₹2,889.60 | -1.18% |
02-Dec-25 | ₹2,917.10 | ₹2,924.10 | |
01-Dec-25 | ₹2,949.30 | ₹2,916.50 | -0.12% |
28-Nov-25 | ₹2,940.90 | ₹2,920.10 | -0.70% |
27-Nov-25 | ₹2,933.50 | ₹2,940.80 | |
26-Nov-25 | ₹2,934.00 | ₹2,933.00 |
Thermax Corporate Actions
Dividend • ₹14/share
Ex date 04 Jul 2025
Dividend • ₹12/share
Ex date 05 Jul 2024
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Thermax News
Upstox
Thermax shares soar over 5% on ₹115 crore investment in First Energy; Check details
Upstox
Stocks to Watch, Sept 10: Apex Foods, Avanti Feeds, Vikram Solar, Thermax, Bajaj Auto, Eicher Motors, Sun Pharma, Kotak Bank
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SENSEX, NIFTY rangebound; Patanjali Foods, Ixigo, Tech Mahindra, Sona Comstar among buzzing stocks
Moneycontrol
Thermax share price rises 2.07% in today's trading session
Thermax Share Price FAQs
What is the share price of Thermax today?
Thermax share price is ₹ 2,869.90 as on Dec, 2025 | 15:58 IST.
What are the high & low stock price of Thermax today?
Thermax stock price hit a high of ₹ 2,879.90 and low of ₹ 2,845.80 as on Dec, 2025 | 15:58 IST.
What is the market cap of Thermax?
The market cap of Thermax is ₹ 32,328.73 Crores as on Dec, 2025 | 15:58 IST.
What are the upper & lower circuit limits of Thermax shares today on NSE & BSE?
On NSE, the upper circuit limit for Thermax share today is ₹3,443.80 and the lower circuit limit is ₹2,296.00.
What was yesterday's closing price for Thermax shares on the NSE?
Thermax shares closed yesterday at ₹2,850.80 on NSE
What are the the 52-week high and low share prices of Thermax stock on the NSE?
52-week high stock Price of Thermax is ₹ 4,670.95 and Low Price is ₹ 2,742.70 as on Dec, 2025 | 15:58 IST.
What are the stock symbols of Thermax?
The stock symbol of Thermax is NSE: THERMAX on the NSE, BSE: 500411 on the BSE, and the ISIN is INE152A01029.
Can I buy Thermax shares on Holidays?
No, shares of Thermax or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Thermax shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.
How to buy Thermax shares?
To buy Thermax shares,open a demat account with Upstox and complete the KYC process. Once your account is set up, search for the stock and place your order
What is the PE and PB ratio of Thermax?
The PE and PB ratio of Thermax is 76.09 and 10.97 respectively, as on Dec, 2025 | 15:58 IST.
What are the returns on Thermax shares?
The historical returns for Thermax shares are -38.29 for 1 year, 44.56 for 3 year and 211.42 for 5 year.