Thermax
- Advice
- Hold
Thermax Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Thermax
Start SIPThermax 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
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,490 | 1,331 | 1,373 | 947 | 1,281 |
| Operating Expenses Qtr Cr | 1,344 | 1,232 | 1,274 | 910 | 1,210 |
| Operating Profit Qtr Cr | 146 | 98 | 99 | 37 | 71 |
| Depreciation Qtr Cr | 18 | 19 | 18 | 18 | 18 |
| Interest Qtr Cr | 7 | 5 | 5 | 4 | 6 |
| Tax Qtr Cr | 52 | 22 | 21 | 7 | 14 |
| Net Profit Qtr Cr | 122 | 90 | 93 | 24 | 71 |
Thermax Technicals
EMA & SMA
- 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
| 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 Name | Mar-23 | Dec-22 | Sep-22 | Jun-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
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 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