Thermax Share Price

Thermax Share Price

NSE: THERMAX
|
Engineering
₹ 4,537.00
-₹41.00 (-0.9%)
1D
Last updated 24 Jul, 2026, 15:29 IST

Thermax Share Price Today

As of 27 Jul 2026, Thermax share price is ₹4,537.00. The stock opened at ₹4,568.00, compared to its previous close of ₹4,578.00. During today's trading session, Thermax share price moved in the range of ₹4,465.50 to ₹4,573.00, with an average price of ₹4,519.25 for the day. Looking at its last 52-week, the stock has touched a low of ₹2,742.70 and a high of ₹5,277.80. On the performance front, Thermax share price has increased by 54.56% over the last six months and is up 17.23% on a year-on-year basis.

₹4,465.50
0.90% down today
₹4,573.00
1D LOW
1D HIGH

Thermax Returns Calculator

Circuit
L
H
₹3,611.50
₹5,416.50
52-week
L
H
₹2,742.70
₹5,277.80
Mkt Cap Cr
53,828.90
P/E
51.44
P/B
6.68
ROE
10.55%
D/E
0.03
ROCE
13.58%
Div. Yield
0.06%
EPS(TTM)
54.46
Turnover
1.45
EV/EBITDA
28.22
Net Margin
7.31%
Op. Margin
11.83%
ROA
8.89%
Quick Ratio
1.10
Curr. Ratio
1.03
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
Thermax has not beaten FD return of 7%
Step 3 of 5
Valuation
Fairly Valued
Thermax appears to be fairly valued compared to its peers
Step 5 of 5
Earnings
Excellent
Thermax revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
ABB India1,56,170.0070.6647.9022.38%0.0129.83%339.500.75%1.0178.73
BHEL1,45,272.0059.695.566.12%0.315.84%76.150.34%0.474.53
Hitachi Energy India1,38,484.00140.1926.7619.09%0.0224.84%1,161.250.03%1.48221.63
CG Power1,36,451.00110.0817.1215.13%0.0120.17%52.170.15%0.988.42
Siemens1,31,287.0056.937.5512.82%0.0213.46%7.720.61%1.5458.23
GE T&D India7,758.8043.217.7418.64%0.0120.90%105.070.24%2.1848.16
WAAREE ENERGIES LIMITED77,690.3020.005.3825.71%0.1529.30%456.440.07%1.48130.88
Suzlon71,303.5022.547.5533.43%0.0327.06%7.200.00%1.383.00
Apar Industries55,663.0047.1110.3218.11%0.1827.50%1,284.870.43%1.78242.46
Schneider Electric Infra32,367.00152.2741.8027.45%0.7125.88%32.390.00%2.118.89

Thermax Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹10,774.01₹10,388.69₹9,323.46₹8,089.81
Other Income₹267.48₹252.22₹232.57₹160.18
Total Revenue₹11,041.49₹10,640.91₹9,556.03₹8,249.99
Total Expenses₹10,094.35₹9,756.20₹8,761.74₹7,646.70
Profit Before Tax₹1,007.94₹884.47₹868.96₹603.06
Tax₹287.68₹257.77₹225.77₹152.36
Profit After Tax₹720.26₹626.70₹643.19₹450.70
EPS - Basic₹63.95₹56.33₹57.30₹39.98
EPS - Diluted₹63.94₹56.31₹57.28₹39.97

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹1,007.94₹884.47₹869.78₹603.29
Income before WC changes₹1,119.49₹1,133.80₹909.58₹673.60
Change in Assets-₹668.64-₹585.95-₹683.95-₹556.11
Change in Liabilities₹440.19₹717.67₹208.00₹493.31
Change in WC-₹228.45₹131.72-₹475.95-₹62.80
Cash flow from Operations₹541.55₹1,079.79₹247.30₹459.56
Cash flow from Investing-₹587.06-₹1,271.99-₹509.21-₹679.68
Cash flow from Financing₹247.63₹122.52₹285.40₹348.54
Total Cash Flow₹202.12-₹69.68₹23.49₹128.42
Cash (Start of the year)₹411.84₹466.75₹447.73₹303.44
Cash (End of the year)₹636.20₹411.84₹466.75₹447.73

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹6,173.31₹4,725.14₹3,704.93₹2,766.35
Current Assets₹7,108.80₹7,312.88₹6,448.08₹6,072.26
Total Assets₹13,282.11₹12,038.02₹10,153.01₹8,838.61
Current Liabilities₹5,820.36₹5,635.09₹4,725.35₹4,409.19
Net Current Asset₹1,288.44₹1,677.79₹1,722.73₹1,663.07
Non-Current Liabilities₹1,882.56₹1,460.35₹987.86₹559.20
Equity Capital₹5,579.19₹4,942.58₹4,439.80₹3,870.22
Total Equity & Liabilities₹13,282.11₹12,038.02₹10,153.01₹8,838.61

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹6,518.26₹6,244.53₹5,821.93₹5,141.16
Other Income₹284.56₹202.53₹193.49₹136.34
Total Revenue₹6,802.82₹6,447.06₹6,015.42₹5,277.50
Total Expenses₹6,095.80₹5,827.65₹5,437.44₹4,853.21
Profit Before Tax₹794.86₹713.14₹580.06₹431.49
Tax₹145.95₹141.00₹142.62₹102.23
Profit After Tax₹648.91₹572.14₹437.44₹329.26
EPS - Basic₹54.46₹48.02₹36.71₹27.63
EPS - Diluted₹54.46₹48.02₹36.71₹27.63

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹794.86₹713.14₹580.06₹431.49
Income before WC changes₹581.92₹614.08₹565.18₹444.05
Change in Assets-₹248.18-₹403.03-₹473.70-₹367.93
Change in Liabilities₹265.09₹227.87₹122.40₹462.96
Change in WC₹16.91-₹175.16-₹351.30₹95.03
Cash flow from Operations₹416.48₹373.17₹90.79₹418.68
Cash flow from Investing-₹287.39-₹125.94₹103.39-₹337.63
Cash flow from Financing-₹146.00-₹393.80-₹51.38-₹81.49
Total Cash Flow-₹16.91-₹146.57₹142.80-₹0.44
Cash (Start of the year)₹117.05₹263.62₹120.82₹121.26
Cash (End of the year)₹100.14₹117.05₹263.62₹120.82

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹3,690.72₹2,879.03₹2,701.93₹2,247.60
Current Assets₹3,867.48₹4,035.12₹4,045.44₹3,903.71
Total Assets₹7,558.20₹6,914.15₹6,747.37₹6,151.31
Current Liabilities₹3,069.83₹2,838.38₹3,136.40₹2,872.51
Net Current Asset₹797.65₹1,196.74₹909.04₹1,031.20
Non-Current Liabilities₹61.28₹108.01₹74.27₹61.04
Equity Capital₹4,427.09₹3,967.76₹3,536.70₹3,217.76
Total Equity & Liabilities₹7,558.20₹6,914.15₹6,747.37₹6,151.31
* All values are in INR Crore
Qty
Bid
213
4514
0
0
0
0
0
0
0
0
Ask
Qty
0
0
0
0
0
0
0
0
0
0
Bid Total: 213
Ask Total: 0
Buy orders: 100%
Sell orders: 0%
Bearish
2
Neutral
6
Bullish
0
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
44.14
Neutral
ATR (14)
167.5
Neutral
STOCH(9,6)
29.82
Neutral
STOCH RSI (14)
31.32
Neutral
ADX(9)
20.08
Bearish
UO(9)
51.41
Neutral
ROC(12)
-1.92
Bearish
WillR(14)
-70.18
Neutral
Period
Simple value
Exponential vaue
5D
4672.4
4616.79
10D
4619.6
4648.36
20D
4738.38
4682.89
50D
4706.63
4583.45
100D
4165.07
4254.59

About Thermax

Thermax Share Price
ISIN
INE152A01029
Sector Market Cap
₹ 53,828.9 Cr

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.

Thermax Financial Highlights

  • Revenue: Thermax reported revenue of ₹10,961.63 crore in FY26 vs ₹10,621.48 crore in FY25. It showed an increase of 3.20% on a yearly basis.
  • Operating Profit: Thermax reported an operating profit of ₹1,007.94 crore in FY26 vs ₹884.47 crore in FY25. It showed an increase of 13.96% on a year-on-year basis.
  • Net Profit: Thermax reported a net profit of ₹720.26 crore in FY26 vs ₹626.70 crore in FY25. It showed an increase of 14.93% on a yearly basis.

Thermax Quarterly Result Highlights

  • Thermax reported revenue of ₹3,481.75 crore in Mar 2026, compared with ₹2,697.41 crore in Dec 2025, representing an increase of 29.08% on a quarter-on-quarter (QoQ) basis.
  • Thermax reported an operating profit of ₹334.13 crore in Mar 2026, compared with ₹288.67 crore in Dec 2025, representing an increase of 15.75% on a quarter-on-quarter (QoQ) basis.
  • Thermax reported a profit of ₹244.40 crore in Mar 2026, compared with ₹205.01 crore in Dec 2025, reflecting an increase of 19.21% on a QoQ basis.
  • The earnings per share (EPS) of Thermax stood at ₹63.95 during Mar 2026.
Know more
Promoters
61.98%
FII
11.46%
Other DII
2.36%
Retail and other
11.34%
Mutual funds
12.86%
Foreign institutions - FII
Compare against other stocks
Thermax Share Price
Thermax
Engineering
Add Stock
Add Another

FAQs on Thermax Share Price