• Chart
  • Rating
  • Financials
  • Technicals
  • Volume
  • Result
  • Synopsis
  • Corp Action
  • MF Shareholding
  • Similar Stocks
  • FAQs
    1. Home
    2. Stocks
    3. Thermax Share Price

    Thermax Share PriceThermax

    Large Cap 6k Result
    ₹2,616.2
    97.05 (3.85%)
    As on 30 November, 2023 | 11:30 BSE: 500411 NSE: THERMAXISIN: INE152A01029

    Thermax Performance

    Day Range

    • Low 2,523.00
    • High 2,644.95
    ₹ 2,616.2

    52 Week Range

    • Low 1,830.65
    • High 3,230.00
    ₹ 2,616.2
    • Open Price2,527.00
    • Previous Close2,519.15
    • Volume205805

    Start SIP in Thermax

    Start SIP

    Thermax Share Price

    • Over 1 Month -6.07%
    • Over 3 Month -7.12%
    • Over 6 Month 15.5%
    • Over 1 Year 28.36%

    Thermax Key Statistics

    P/E Ratio 62.5
    PEG Ratio 1.5
    Market Cap Cr 31,174
    Price to Book Ratio 8.1
    EPS 27.4
    Dividend 0.4
    Relative Strength Index 24.64
    Money Flow Index 7.32
    MACD Signal -57.9
    Average True Range 98.73

    Thermax Investment Rating

    • Master Rating:

    • Thermax has an operating revenue of Rs. 8,595.49 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 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. From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 98 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative 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 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 1,4441,1611,4901,3311,3739471,281
    Operating Expenses Qtr Cr 1,3031,0771,3441,2321,2749101,210
    Operating Profit Qtr Cr 1418414698993771
    Depreciation Qtr Cr 18181819181818
    Interest Qtr Cr 6575546
    Tax Qtr Cr 3816522221714
    Net Profit Qtr Cr 644412290932471
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 5,2784,140
    Operating Expenses Annual Cr 4,7603,789
    Operating Profit Annual in Cr 381226
    Depreciation Cr 7367
    Interest Annual Cr 2013
    Tax Annual Cr 10255
    Net Profit Annual Cr 329201
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 41994
    Cash from Investing Activity Annual Cr -338-100
    Cash from Financing Annual Activity Cr -81-53
    Net Cash Flow Annual Cr 0-59
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3,2183,001
    Fixed Assets Annual Cr 759761
    Total Non Current Assets Annual Cr 2,2412,708
    Total Current Assets Annual Cr 3,9102,717
    Total Assets Annual Cr 6,1515,425
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 270252
    ROE Annual % 107
    ROCE Annual % 149
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 109
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,3021,9332,3112,0492,0751,6541,992
    Operating Expenses Qtr Cr 2,0981,8012,1111,8881,9351,5581,857
    Operating Profit Qtr Cr 20513220016114196135
    Depreciation Qtr Cr 33292929302929
    Interest Qtr Cr 20131498710
    Tax Qtr Cr 59325839332229
    Net Profit Qtr Cr 1585915612610959103
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 8,2506,255
    Operating Expenses Annual Cr 7,4925,707
    Operating Profit Annual in Cr 598421
    Depreciation Cr 117113
    Interest Annual Cr 3825
    Tax Annual Cr 15298
    Net Profit Annual Cr 450312
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 460325
    Cash from Investing Activity Annual Cr -680-422
    Cash from Financing Annual Activity Cr 349-21
    Net Cash Flow Annual Cr 128-117
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3,8683,492
    Fixed Assets Annual Cr 1,6791,236
    Total Non Current Assets Annual Cr 2,7582,723
    Total Current Assets Annual Cr 6,0804,738
    Total Assets Annual Cr 8,8397,461
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 344310
    ROE Annual % 129
    ROCE Annual % 1412
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 99
    Invest in Thermax

    Thermax Technicals

    EMA & SMA

    Current Price
    ₹2,616.2
    97.05 (3.85%)
    pointer
    • Bullish Moving Average
    • ___
    • 4
    • Bearish Moving Average
    • ___
    • 12
    • 20 Day
    • ₹2,760.17
    • 50 Day
    • ₹2,816.97
    • 100 Day
    • ₹2,738.11
    • 200 Day
    • ₹2,566.49
    • 20 Day
    • ₹2,804.93
    • 50 Day
    • ₹2,904.67
    • 100 Day
    • ₹2,749.49
    • 200 Day
    • ₹2,503.30

    Thermax Resistance and Support

    PIVOT
    ₹2,548.1
    Resistance
    First Resistance 2,595.20
    Second Resistance 2,671.25
    Third Resistance 2,718.35
    RSI 24.64
    MFI 7.32
    MACD Single Line -57.90
    MACD -92.23
    Support
    First Resistance 2,472.05
    Second Resistance 2,424.95
    Third Resistance 2,348.90

    Thermax Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 267,782 17,226,416 64.33
    Week 175,287 11,993,102 68.42
    1 Month 75,137 4,383,470 58.34
    6 Month 69,790 3,391,777 48.6

    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 30,017
    Sales 5,425
    Shares in Float 4.53
    No of funds 162
    Yield 0.4
    Book Value 9.33
    U/D Vol ratio 0.6
    LTDebt / Equity
    Alpha 0.04
    Beta 0.79

    Thermax

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 61.98%61.98%61.98%61.98%
    Mutual Funds 13.47%13.52%13.62%13.39%
    Insurance Companies 1.96%1.94%1.98%1.88%
    Foreign Portfolio Investors 12.54%12.35%12.29%12.27%
    Financial Institutions/ Banks
    Individual Investors 3.74%3.91%3.84%4.09%
    Others 6.31%6.3%6.29%6.39%

    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. Ravi Gopinath 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
    2023-11-03 Quarterly Results
    2023-08-01 Quarterly Results
    2023-05-17 Audited Results & Dividend
    2023-02-07 Quarterly Results
    2022-11-11 Quarterly Results
    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 39,269
    SBI Bluechip Fund Regular Growth 38,598
    Kotak Emerging Equity Scheme Growth 33,700
    Nippon India Growth Fund - Growth 19,082
    Kotak Equity Opportunities Fund Growth 15,261

    Thermax FAQs

    What is Share Price of Thermax ?

    Thermax share price is ₹2,616 As on 30 November, 2023 | 11:17

    What is the Market Cap of Thermax ?

    The Market Cap of Thermax is ₹31173.7 Cr As on 30 November, 2023 | 11:17

    What is the P/E ratio of Thermax ?

    The P/E ratio of Thermax is 62.5 As on 30 November, 2023 | 11:17

    What is the PB ratio of Thermax ?

    The PB ratio of Thermax is 8.1 As on 30 November, 2023 | 11:17

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

    *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of Rs. 10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

    Compliance Officer: Ms. Namita Godbole, Email: support@5paisa.com, Support desk helpline: 8976689766

    Contact Us

    Attention Investors

    • 1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
    • 2. Message from Exchange(s): Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.
    • 3. Message from Depositories: a) Prevent Unauthorized Transactions in your demat account --> Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors. b) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
    ©2023, 5Paisa Capital Ltd. All Rights Reserved.
    We are ISO 27001:2013 Certified.