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Thermax

  • Market Cap: Large Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE152A01029
  • NSEID: THERMAX
  • BSEID: 500411
INR
3,092.70
21.75 (0.71%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 44.39 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

3,080.003,237.75

52 Week

2,930.055,835.00
Valuation
Technical
Day's Volume

CASH

44.39 k (26.46%) Volume

Shareholding (Dec 2024)

FII

15.49%

Held by 498 FIIs

DII

12.66%

Held by 27 DIIs

Promoter

61.98%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 9.20% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 14, it has a Expensive valuation with a 7.9 Price to Book Value

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 36,851 Cr (Large Cap)

stock-summary
P/E

59.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.39%

stock-summary
Debt Equity

-0.20

stock-summary
Return on Equity

13.96%

stock-summary
Price to Book

7.92

Revenue and Profits (1 Year):
Net Sales:
2,508 Cr
(Quarterly Results - Dec 2024)
Net Profit:
116 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.39%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-39.8%
0%
-39.8%
1 Year
-31.91%
0.26%
-31.65%
2 Years
36.55%
0.95%
37.5%
3 Years
55.31%
1.64%
56.95%
4 Years
125.1%
2.68%
127.78%
5 Years
334.09%
5.39%
339.48%

Latest dividend: 12 per share ex-dividend date: Jul-05-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.20%
EBIT Growth (5y)
12.26%
EBIT to Interest (avg)
9.97
Debt to EBITDA (avg)
1.12
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.61
Tax Ratio
27.07%
Dividend Payout Ratio
20.94%
Pledged Shares
0
Institutional Holding
28.15%
ROCE (avg)
17.54%
ROE (avg)
10.53%
Valuation key factors
Factor
Value
P/E Ratio
59
Industry P/E
34
Price to Book Value
7.92
EV to EBIT
49.66
EV to EBITDA
40.47
EV to Capital Employed
9.66
EV to Sales
3.54
PEG Ratio
4.52
Dividend Yield
0.39%
ROCE (Latest)
19.40%
ROE (Latest)
13.96%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 25 Schemes (11.87%)

FIIs

Held by 498 FIIs (15.49%)

Promoter with highest holding

Rda Holdings Private Ltd (53.99%)

Highest Public shareholder

Sbi Nifty 500 Index Fund (5.76%)

Individual Investors Holdings

3.67%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 7.89% vs 13.42% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -51.37% vs 88.87% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,507.76",
          "val2": "2,324.36",
          "chgp": "7.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "188.99",
          "val2": "187.42",
          "chgp": "0.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "28.66",
          "val2": "26.61",
          "chgp": "7.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "126.12",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "115.90",
          "val2": "238.34",
          "chgp": "-51.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.54%",
          "val2": "8.06%",
          "chgp": "-0.52%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 13.24% vs 13.56% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 44.43% vs 28.85% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,796.00",
          "val2": "4,235.42",
          "chgp": "13.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "419.12",
          "val2": "336.82",
          "chgp": "24.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "56.87",
          "val2": "33.17",
          "chgp": "71.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-50.63",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "312.84",
          "val2": "216.61",
          "chgp": "44.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.74%",
          "val2": "7.95%",
          "chgp": "0.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 11.34% vs 13.51% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -5.76% vs 54.59% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,303.76",
          "val2": "6,559.78",
          "chgp": "11.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "608.11",
          "val2": "524.24",
          "chgp": "16.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "85.53",
          "val2": "59.78",
          "chgp": "43.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "75.49",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "428.74",
          "val2": "454.95",
          "chgp": "-5.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.33%",
          "val2": "7.99%",
          "chgp": "0.34%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 15.25% vs 32.01% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 43.30% vs 44.18% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,323.46",
          "val2": "8,089.81",
          "chgp": "15.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "797.39",
          "val2": "597.56",
          "chgp": "33.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "87.59",
          "val2": "37.59",
          "chgp": "133.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "75.49",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "645.28",
          "val2": "450.29",
          "chgp": "43.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.55%",
          "val2": "7.39%",
          "chgp": "1.16%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,507.76
2,324.36
7.89%
Operating Profit (PBDIT) excl Other Income
188.99
187.42
0.84%
Interest
28.66
26.61
7.70%
Exceptional Items
0.00
126.12
-100.00%
Consolidate Net Profit
115.90
238.34
-51.37%
Operating Profit Margin (Excl OI)
7.54%
8.06%
-0.52%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 7.89% vs 13.42% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -51.37% vs 88.87% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
4,796.00
4,235.42
13.24%
Operating Profit (PBDIT) excl Other Income
419.12
336.82
24.43%
Interest
56.87
33.17
71.45%
Exceptional Items
0.00
-50.63
100.00%
Consolidate Net Profit
312.84
216.61
44.43%
Operating Profit Margin (Excl OI)
8.74%
7.95%
0.79%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.24% vs 13.56% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 44.43% vs 28.85% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
7,303.76
6,559.78
11.34%
Operating Profit (PBDIT) excl Other Income
608.11
524.24
16.00%
Interest
85.53
59.78
43.07%
Exceptional Items
0.00
75.49
-100.00%
Consolidate Net Profit
428.74
454.95
-5.76%
Operating Profit Margin (Excl OI)
8.33%
7.99%
0.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 11.34% vs 13.51% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -5.76% vs 54.59% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
9,323.46
8,089.81
15.25%
Operating Profit (PBDIT) excl Other Income
797.39
597.56
33.44%
Interest
87.59
37.59
133.01%
Exceptional Items
75.49
0.00
Consolidate Net Profit
645.28
450.29
43.30%
Operating Profit Margin (Excl OI)
8.55%
7.39%
1.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 15.25% vs 32.01% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 43.30% vs 44.18% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Thermax Ltd. stock-summary
stock-summary
Thermax Ltd.
Large Cap
Engineering - Industrial Equipments
Incorporated in 1966 as Wanson India by A.S. Bhathena, Thermax Group is a Rs. 8,090 crore company headquartered in Pune, India. The Company offers integrated solutions in heating, cooling, power generation, water treatment and recycling, air pollution control and chemicals, with an emphasis on ensuring clean air, clean energy and clean water.
Company Coordinates stock-summary
Company Details
D-13 MIDC Industrial Area, R D Aga Road Chinchwad Pune Maharashtra : 411019
stock-summary
Tel: 91-20-66122100/66155000
stock-summary
http://www.thermaxindia.com
stock-summary
info@thermaxindia.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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