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Thermax Ltd

Industrials • Conglomerates • Quote as of 10/28/2026 15:56
Thermax Ltd stock price and volume chart

Company Profile

IndustryConglomerates
SectorIndustrials
Market Capitalization349,211 mln
Float39.04 mln
Earnings Date11/05/2026

EPS

52.66
Stretched

P / E

60.40
Richly valued

Piotroski F-Score

4 / 9
Borderline

Beneish M-Score

-2.26
Borderline

1-Year Forecast

4,419.10
Strong upside

Relative Strength

56 / 100
Slightly ahead

Business Description

Thermax Limited is a Pune-based company founded in 1966 that helps industrial clients manage energy use, reduce environmental impact, and improve chemical processes across India and global markets. The company builds and maintains equipment such as boilers, heating systems, and pollution control units, while also delivering large-scale power plant construction and renewable energy projects. Its chemical division supplies a wide range of specialty products for water treatment, oil fields, construction, and paper production. Thermax serves a broad mix of industries including automotive, pharmaceuticals, food and beverage, textiles, and petrochemicals, and operates as a subsidiary of RDA Holdings Private Limited.

Key Fundamentals

EPS52.66
P/E60.40
ROE11.46
RPS962
ROIC5.51
ROA4.83
Interest Cover4.82
EBITDA, mln12,010
EV / EBITDA32.56
EV / EBIT39.80
Revenue, mln108,394
EV / Revenue3.61

Quote Details

Last 3,180.50
Change 27.2 (0.86%)
Open 3,127.00
Volume 69,012
Turnover 219,492,672
Average Volume 180,590

Financial Ratios

Pre-Tax Profit Margin8
Current Ratio1.22
Price / Book6.84
Price / Tangible Book7.14
Price / Cash Flow551
Debt / Equity0.42
Price / Sales3.53
PEG Ratio2.26

Financial Strength

Altman Z-Score4.73
Piotroski F-Score 4 / 9
Beneish M-Score-2.26
Price to Intrinsic Value7.85
Price to Lynch Fair Value2.65
Price to Graham Number4.12
1-Year Target Price4,419.10
Shiller PE Ratio78.76

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 1.13% 76 / 100   
1 Month -7.74% 48 / 100   
2 Months -34.3% 4 / 100   
6 Months -23.17% 21 / 100   
1 Year 0.41% 70 / 100   



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