Thermax Share Price
(THERMAX)
Check the latest share price of Thermax, details on performance, fundamentals, analyst ratings, peer comparison, financials, company news, analysis, and shareholding pattern for informed investing decisions.
₹3346.4
as on 04:01PM, 29 Apr 2025
NSE
Thermax Performance
Get real-time share price information, day’s high and low, historical returns and market stats.
Day's Low
Day's High
₹3,328Day's Price Range₹3,43852 Week's Low
52 Week's High
₹2,950.0552-Week Price Range₹5,839.95
| Returns % | |
| 1 Month Return | -4.78 % |
| 3 Month Return | -23.15 % |
| 1 Year Return | -34.48 % |
| Market Stats | |
| Previous Close | ₹3,410.70 |
| Open | ₹3,438.00 |
| Volume | 84.48K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹36,765.08Cr |
Thermax Fundamentals & Key Indicators
Check the fundamental ratios and key indicators of the company like P/E, P/B, PEG, Dividend yield etc.
Market Cap
₹36,765.08 Cr
Return on Equity (ROE)
6.83
Return on capital employed (ROCE)
8.39
P/B Ratio
7.71
Dividend Yield
0.46
EPS (TTM)
27.74
Sector
Capital Goods-Non Electrical Equipment
How to invest in Thermax
Investing in Thermax is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Thermax or THERMAX on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
For example: You can buy 10 shares of Thermax or start an SIP based on the market price on each investment date.
You can easily transfer money to your stock account via the INDmoney app and start investing in stocks like Thermax with just a few clicks!
Thermax Valuation
Track how the P/E of Thermax has moved over time to understand valuation trends.
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Today (63.72x)
December 15, 2023
Industry (65.15x)
December 15, 2023
Highest (116.86x)
March 10, 2021
Today’s Price to Earnings Ratio: 63.72x
Analysts Recommendation on Thermax
Get updated buy, sell, and hold recommendations by analysts on Thermax.
based on 19 analysts
31.58%
Buy
36.84%
Hold
31.58%
Sell
36.84% of analysts recommend a 'HOLD' rating for Thermax. Average target of ₹2525.58
Source: S&P Global Market Intelligence
Analysts Forecast on Thermax
Get share price movements and forecasts by analysts on Thermax.
Thermax price forecast by 19 analysts
Downside of
High
₹3250
Target
₹2525.58
Low
₹1780
Thermax target price ₹2525.58, a slight downside of -18.15% compared to current price of ₹3346.4. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2025:33.04%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2025:59.61%
Forecast
Actual
Source: S&P Global Market Intelligence
Thermax Financials
Get the annual and quarterly financial summary of Thermax, including revenue, profit, loss and more.
Thermax Index Inclusions
Thermax Shareholding Pattern
View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Thermax.
| Investors | Holdings % | Quarterly Trend | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.98% | 0.00 | |
| Foreign Institutions | 12.29% | 0.00 | |
| Mutual Funds | 13.62% | 0.00 | |
| Retail Investors | 4.6% | 0.00 | |
| Others | 7.5% | 0.00 |
Thermax vs Peers
Compare market cap, revenue, PE, and other key metrics of Thermax with its industry peers.
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹36,765.08 Cr | 67.57% | 0.54 | NA | NA | |
| BUY | ₹29,887.77 Cr | 24.46% | 0.50 | NA | NA | |
| HOLD | ₹78,030.41 Cr | 129.97% | 0.55 | NA | NA | |
| HOLD | ₹74,157.50 Cr | 178.57% | 0.66 | NA | NA | |
| BUY | ₹1,08,990.83 Cr | 92.32% | 0.50 | NA | NA |
Thermax News & Key Events
Latest news and events at one place to help you take investing decisions in Thermax.
Thermax Faces MSCI Exclusion and Stock Decline - 28 Apr, 2025
Thermax Ltd is expected to be removed from the MSCI India Standard Index, potentially leading to $120 million in outflows. The stock has fallen nearly 25% over the past year, with significant losses in recent months.Thermax Divests Stake in Covacsis Technologies - 04 Apr, 2025
Thermax Ltd has entered into a Share Purchase Agreement with Infinite Uptime Inc. to sell its stake in Covacsis Technologies for Rs 10 crore, resulting in Covacsis ceasing to be an associate company.
Insights on Thermax Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 15.49% to 15.86% in Mar 2025 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 4.40% to 4.44% in Mar 2025 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Mar 2025 quarter
- NO EFFECT
Against Peers
In the last 3 years, AIA Engineering Ltd has given 64.0% return, outperforming this stock by 3.1%
- NO EFFECT
Against Peers
In the last 1 year, Schaeffler India Ltd has given -5.5% return, outperforming this stock by 18.0%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 197.03 Cr → 115.9 Cr (in ₹), with an average decrease of 41.2% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.67K Cr → 2.53K Cr (in ₹), with an average decrease of 4.9% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 11.87% to 11.26% in Mar 2025 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, THERMAX stock has moved down by -3.9%
About Thermax
Thermax's top products include boilers, chillers, water and waste management systems, air pollution control systems, and energy management systems. Its popular brands include Thermax, Thermion, and Thermofin. Thermax is also the leading supplier of energy efficient solutions in India, with its products helping customers reduce their energy consumption and carbon footprint.
Revenue: ₹2,184.41Cr as on June 2024 (Q2 24)
Net Profit: ₹109.42Cr as on June 2024 (Q2 24)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax |
| Headquarters | Pune |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Indian Mutual Funds that own Thermax
Check out the Mutual Funds with significant holdings in Thermax.
| Funds | Holdings | Prev. 5M |
|---|---|---|
| SBI Focused Equity Fund Direct Plan Growth | 2.37% | |
| Kotak Flexicap Fund Direct Growth | 1.67% | |
| SBI Bluechip Fund Direct Growth | 1.28% | |
| Kotak Emerging Equity Scheme Direct Growth | 1.19% | |
| SBI Magnum Midcap Fund Direct Growth | 2.1% |
Futures and Options
View the latest movement in Thermax Futures & Options, including strike prices, expiry dates, and percentage changes.
FAQs
What is Thermax Ltd price today?
Thermax Ltd share price today stands at ₹3346.4, Open: ₹3438, Previous Close: ₹3410.7, High: ₹3438, Low: ₹3328, 52 Week High: ₹5839.95, 52 Week Low: ₹2950.05.
How to Buy Thermax Ltd Share in India?
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What are today's traded volumes of Thermax Ltd?
Today's traded volume of Thermax Ltd(THERMAX) is 84.48K.
What is today's market capitalisation of Thermax Ltd?
Today's market capitalisation of Thermax Ltd(THERMAX) is ₹36,765.08 Cr.
What is the 52 Week High and Low Range of Thermax Ltd?
How much percentage Thermax Ltd is down from its 52 Week High?
Thermax Ltd (THERMAX) share price is ₹3346.4. It is down -42.70% from its 52 Week High price of ₹5839.95
How much percentage Thermax Ltd is up from its 52 Week low?
Thermax Ltd (THERMAX) share price is ₹3346.4. It is up 13.44% from its 52 Week Low price of ₹2950.05