THERMAX

Thermax Share PriceThermax

₹2377.55
10.15 (0.43%)
  • Advice
  • Hold
As on 04 June, 2023 | 20:40 BSE: 500411 NSE: THERMAX

Thermax Performance

Day Range

  • Low
  • High
2377.55

52 Week Range

  • Low
  • High
2377.55
  • Open Price
  • Previous Close
  • Volume

Start SIP in Thermax

Start SIP

Thermax Share Price

  • Over 1 Month 3.17%
  • Over 3 Month 6.77%
  • Over 6 Month 13.47%
  • Over 1 Year 13.53%

Thermax Key Statistics

P/E Ratio 62.9
PEG Ratio 1.4
Market Cap Cr 28,330
Price to Book Ratio 7.3
EPS 27.2
Dividend 0.4
Relative Strength Index 58.24
Money Flow Index 35.26
MACD Signal 4.82
Average True Range 67.37

Thermax Investment Rating

  • Master Rating:
  • Thermax has an operating revenue of Rs. 8,089.81 Cr. on a trailing 12-month basis. An annual revenue growth of 32% is outstanding, Pre-tax margin of 7% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 62 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Thermax Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,4901,3311,3739471,281
Operating Expenses Qtr Cr 1,3441,2321,2749101,210
Operating Profit Qtr Cr 14698993771
Depreciation Qtr Cr 1819181818
Interest Qtr Cr 75546
Tax Qtr Cr 522221714
Net Profit Qtr Cr 12290932471

Thermax Technicals

EMA & SMA

Current Price
₹2377.55
10.15 (0.43%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2315.07
  • 50 Day
  • ₹2281.39
  • 100 Day
  • ₹2226
  • 200 Day
  • ₹2155.83
  • 20 Day
  • ₹2325.5
  • 50 Day
  • ₹2298.54
  • 100 Day
  • ₹2180.24
  • 200 Day
  • ₹2181.71

Thermax Resistance and Support

PIVOT
₹2360.52
Resistance
First Resistance ₹2385.89
Second Resistance ₹2404.37
Third Resistance ₹2429.74
RSI 58.24
MFI 35.26
MACD Single Line 4.82
MACD 9.89
Support
First Resistance ₹2342.04
Second Resistance ₹2316.67
Third Resistance ₹2298.19

Thermax Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 40,884 1,722,443 42.13
Week 48,571 2,415,416 49.73
1 Month 66,464 2,684,483 40.39
6 Month 52,730 2,608,046 49.46

Thermax Result Highlights

Thermax Synopsis

NSE-Machinery-Gen Industrial

Thermax is involved in the business activities of Treatment of waste water or sewer by means of physical, chemical or biological processes. Company’s Total Operating Revenue is Rs. 5141.16 Cr. and Equity Capital is Rs. 23.83 Cr. for the Year ended 31/03/2023. Thermax Ltd. is a Public Limited Listed company incorporated on 30/06/1980 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29299PN1980PLC022787 and registration number is 022787.
Market Cap 28,330
Sales 5,141
Shares in Float 4.53
No of funds 161
Yield 0.42
Book Value 8.8
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.02
Beta 0.65

Thermax

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 61.98%61.98%61.98%61.98%
Mutual Funds 13.62%13.39%13.48%13.21%
Insurance Companies 1.98%1.88%1.79%
Foreign Portfolio Investors 12.29%12.27%12.35%11.93%
Financial Institutions/ Banks
Individual Investors 3.84%4.09%4.01%4.08%
Others 6.29%6.39%6.39%8.8%

Thermax Management

Name Designation
Mrs. Meher Pudumjee Chairperson
Mr. Ashish Bhandari Managing Director & CEO
Mr. Pheroz Pudumjee Non Executive Director
Mr. Harsh Mariwala Independent Director
Dr. Jairam Varadaraj Independent Director
Mr. Nawshir Mirza Independent Director
Ms. Rajani Kesari Independent Director
Mr. S B Ravi Pandit Independent Director
Dr. Valentin A H Von Massow Independent Director

Thermax Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Thermax Corporate Action

Date Purpose Remarks
2023-05-17 Audited Results & Dividend
2023-02-07 Quarterly Results
2022-11-11 Quarterly Results
2022-08-02 Quarterly Results
2022-05-20 Audited Results & Dividend
Date Purpose Remarks
2023-07-21 FINAL Rs.10.00 per share(500%)Dividend
2022-07-22 FINAL Rs.9.00 per share(450%)Dividend
2021-07-23 FINAL Rs.7.00 per share(350%)Final Dividend

Thermax MF Shareholding

Name Amount(cr)
Kotak Flexicap Fund Growth 37217
SBI Bluechip Fund Regular Growth 35770
Kotak Emerging Equity Scheme Growth 25972
DSP Midcap Fund Growth 13441
Kotak Equity Opportunities Fund Growth 12514

Thermax FAQs

What is Share Price of Thermax ?

Thermax share price is ₹2377 As on 04 June, 2023 | 20:26

What is the Market Cap of Thermax ?

The Market Cap of Thermax is ₹28330 Cr As on 04 June, 2023 | 20:26

What is the P/E ratio of Thermax ?

The P/E ratio of Thermax is 62.9 As on 04 June, 2023 | 20:26

What is the PB ratio of Thermax ?

The PB ratio of Thermax is 7.3 As on 04 June, 2023 | 20:26

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number