THERMAX

THERMAX

Large Cap BSE: 500411 NSE: THERMAX
₹2056.45
-38.8 (-1.85%)
  • Advice
  • Hold
As on 05 December, 2022 | 17:47

Thermax Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in THERMAX

Start SIP

Thermax Share Price

Thermax Share Returns

  • Over 1 Month -11.51%
  • Over 3 Month -15.02%
  • Over 6 Month -0.49%
  • Over 1 Year 16.65%

Thermax Key Statistics

P/E Ratio 66.1
PEG Ratio 7.3
Market Cap Cr 24,504
Price to Book Ratio 6.6
EPS 17.3
Dividend 0.4
Relative Strength Index 40.44
Money Flow Index 28.37
MACD Signal -33.52
Average True Range 60.09

Thermax Investment Rating

  • Master Rating:
  • Thermax has an operating revenue of Rs. 7,336.39 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 7% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 21% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 42 indicates it belongs to a fair industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Thermax Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 1,3739471,2811,0171,0077101,085
Operating Expenses Qtr Cr 1,2749101,2109649406761,000
Operating Profit Qtr Cr 99377153683485
Depreciation Qtr Cr 18181817161617
Interest Qtr Cr 5463223
Tax Qtr Cr 217141320815
Net Profit Qtr Cr 932471396031113

Thermax Technicals

EMA & SMA

Current Price
2056.45
-38.8 (-1.85%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 2116.58
  • 50 Day
  • 2164.33
  • 100 Day
  • 2163.24
  • 200 Day
  • 2071.23
  • 20 Day
  • 2160.07
  • 50 Day
  • 2160.36
  • 100 Day
  • 2206.61
  • 200 Day
  • 2099.36

Thermax Resistance and Support

PIVOT
₹2081.65
Resistance
First Resistance 2112.6
Second Resistance 2129.95
Third Resistance 2160.9
RSI 40.44
MFI 28.37
MACD Single Line -33.52
MACD -41.1
Support
First Resistance 2064.31
Second Resistance 2033.35
Third Resistance 2016

Thermax Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 45,408 2,077,416 45.75
Week 64,790 4,256,055 65.69
1 Month 58,787 3,532,511 60.09
6 Month 89,478 4,837,176 54.06

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. 4015.39 Cr. and Equity Capital is Rs. 23.83 Cr. for the Year ended 31/03/2022. 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 23,159
Sales 4,619
Shares in Float 4.53
No of funds 183
Yield 0.43
Book Value 8.32
U/D Vol ratio 0.5
LTDebt / Equity
Alpha 0.08
Beta 0.85

Thermax

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 61.98%61.98%61.98%
Mutual Funds 13.48%13.21%13.17%
Insurance Companies 1.79%
Foreign Portfolio Investors 12.35%11.93%11.84%
Financial Institutions/ Banks
Individual Investors 4.01%4.08%
Others 6.39%8.8%13.01%

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
2022-11-11 Quarterly Results
2022-08-02 Quarterly Results
2022-05-20 Audited Results & Dividend
2022-02-04 Quarterly Results
2021-11-10 Quarterly Results
Date Purpose Remarks
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 37766
SBI Bluechip Fund Regular Growth 34730
Nippon India Small Cap Fund - Growth 22844
Kotak Emerging Equity Scheme Growth 22540
DSP Midcap Fund Growth 14274

Thermax FAQs

What is Share Price of Thermax ?

Thermax share price is ₹2056 As on 05 December, 2022 | 17:33

What is the Market Cap of Thermax ?

The Market Cap of Thermax is ₹24503.9 Cr As on 05 December, 2022 | 17:33

What is the P/E ratio of Thermax ?

The P/E ratio of Thermax is 66.1 As on 05 December, 2022 | 17:33

What is the PB ratio of Thermax ?

The PB ratio of Thermax is 6.6 As on 05 December, 2022 | 17:33

Q2FY23