Thermax Share Price (THERMAX)
as on 01 Aug 2025, 04:01 PM IST
| Source : NSE
Thermax Stock Performance
as on 01 Aug 2025, 04:01 PM IST
Day's Low
Day's High
₹3,760₹3,950
0.49%
Downside
4.53%
Upside
52 Week's Low
52 Week's High
₹2,950.05₹5,71921.93%
Downside
51.35%
Upside
| Market Stats | |
| Previous Close | ₹3,940.40 |
| Open | ₹3,940.40 |
| Volume | 1.80L |
| Upper Circuit | ₹4,728.40 |
| Lower Circuit | ₹3,152.40 |
| Day's Low | ₹3,760 |
| Day's High | ₹3,950 |
| 52 Week Low | ₹2,950.05 |
| 52 Week High | ₹5,719 |
| Returns % | |
| 1 Month Return | + 10.74 % |
| 3 Month Return | + 16.58 % |
| 1 Year Return | -24.19 % |
| 3 Year Return | + 80.63 % |
| 5 Year Return | + 408.71 % |
Thermax Stock Fundamentals & Key Indicators
Check Thermax market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
₹45,025.59 Cr
Return on Equity (ROE)
13.43
PE Ratio (TTM)
63.42
Return on capital employed (ROCE)
16.22
Industry PE ratio
97.57
Beta (LTM)
0.96
P/B Ratio
10.97
Dividend Yield
0.38
PEG Ratio
-22.9
Quarterly Earnings Growth YOY
38.41
EPS (TTM)
55.63
Sector
Capital Goods - Electrical Equipment
Book Value
438.25
Technical Analysis
Bullish
View Technical Analysis
Thermax Stock's Interest Amongst Investors
Thermax Stock Valuation
Track how Thermax P/E has moved over time to understand its valuation trends.
Thermax in the last 5 years
Lowest (25.41x)
March 23, 2020
Today (63.42x)
August 1, 2025
Industry (97.57x)
August 1, 2025
Highest (116.86x)
March 10, 2021
Today’s Price to Earnings Ratio: 63.42x
Thermax Stock Recommendation
Get updated buy, sell, and hold recommendations by analysts on Thermax.
based on 21 analysts
38.10%
Buy
33.33%
Hold
28.57%
Sell
38.1% of analysts recommend a 'HOLD' rating for Thermax. Average target price of ₹3506.86
Source: S&P Global Market Intelligence
Thermax Share Price Target
Get share price movements and forecasts by analysts on Thermax.
Thermax price forecast by 21 analysts
Downside of-7.19%
High
₹4465
Target
₹3506.86
Low
₹2400
Thermax target price ₹3506.86, a slight downside of -7.19% compared to current price of ₹3778.7. According to 21 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Thermax revenue growth forecast
Expected growth rate Q1, FY2027:31.08%
Forecast
Actual
Including amortisation and stock based compensations
Thermax EPS growth forecast
EPS estimate Q1, FY2027:52.10%
Forecast
Actual
Source: S&P Global Market Intelligence
Thermax Ltd Financial Results
Get the annual and quarterly financial summary of Thermax Ltd, including revenue, profit, loss and more.
Thermax Earnings and Dividends
View detailed summary of the earnings and dividend history of Thermax.
Thermax Ltd Earnings Results
Thermax Ltd’s net profit jumped 31.58% since last year same period to ₹152.38Cr in the Q1 2025-2026. On a quarterly growth basis, Thermax Ltd has generated -25.93% fall in its net profits since last 3-months.
Read More about Earnings ResultsThermax Ltd Dividends May,2025
In the quarter ending March 2025, Thermax Ltd has declared dividend of ₹14.00 per share on 09 May 2025 - translating a dividend yield of 0.69%.
Read More about Dividends
Indices Featuring Thermax Stock
Check stock indices that include Thermax.
Thermax Stock 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 | 16.02% | 1.02 | |
| Mutual Funds | 10.71% | ||
| Retail Investors | 4.79% | 7.84 | |
| Others | 6.5% | 0.64 |
Thermax Ltd vs Peers
Compare market cap, revenue, PE, and other key metrics of Thermax with its industry peers.
Company | Analyst View | Market Cap(in ₹ Cr) | 5 Year CAGR | Debt to Asset Ratio | Net Profit(in ₹ Cr) | Yearly Revenue(in ₹ Cr) |
|---|---|---|---|---|---|---|
| HOLD | 45,025.59 | 81.74% | 0.52 | 626 | 10,388 | |
| HOLD | 29,190.27 | 17.81% | 0.53 | 1,136 | 4,853 | |
| BUY | 98,924.36 | 156.67% | 0.52 | 1,999 | 10,390 | |
| HOLD | 80,644.59 | 107.96% | 0.71 | 533 | 28,339 | |
| BUY | 1,14,165.64 | 102.22% | 0.50 | NA | NA |
Thermax News & Key Events
Latest news and events in one place to help you make informed investing decisions in Thermax.
Thermax Reports Profit Growth Amid Revenue Challenges - 01 Aug, 2025
Thermax Ltd reported a 39% increase in net profit for Q1 despite a revenue decline. The company aims for double-digit growth in FY26, supported by a strong order backlog.Thermax Q1 Results Show Strong Profit Growth - 31 Jul, 2025
Thermax Ltd reported a 39% increase in Q1 profit to ₹151 crore, despite a 2% decline in revenue. The company benefited from cost control and a healthy order book, with bookings rising 7% year-on-year. However, standalone revenue fell 10%, impacting standalone profit significantly.Thermax Shares Surge Following Kotak's Positive Outlook - 17 Jul, 2025
Thermax Ltd's shares experienced significant gains after Kotak Institutional Equities raised its target price to ₹3,800 and maintained an Add rating, citing strong growth potential and improved margins. The stock saw a notable increase in trading volume and marked multiple sessions of gains throughout the day.Thermax Ltd Reports Strong Growth and Strategic Partnerships - 10 Jul, 2025
Thermax Ltd reported an 11% increase in operating revenue to ₹10,389 crore in FY25, with a total order book of ₹10,693 crore. The company formed strategic partnerships to enhance its product offerings and expects significant order execution in Bio-CNG and FGD projects. However, it faces risks from industry cyclicality and commodity price fluctuations.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 4.44% to 4.79% in Jun 2025 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.86% to 16.02% in Jun 2025 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, THERMAX stock has moved up by 10.7%
NO EFFECTAgainst Peers
In the last 1 year, Schaeffler India Ltd has given 1.4% return, outperforming this stock by 25.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.98% of holdings in Jun 2025 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.26% to 10.71% in Jun 2025 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 205.73 Cr → 152.38 Cr (in ₹), with an average decrease of 25.9% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 3.16K Cr → 2.21K Cr (in ₹), with an average decrease of 29.9% per quarter
About Thermax Ltd
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: ₹2,150.18Cr as on June 2025 (Q1 FY26)
Net Profit: ₹151.45Cr as on June 2025 (Q1 FY26)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
| Organisation | Thermax Ltd |
| Headquarters | Pune |
| Industry | Capital Goods - Electrical Equipment |
| CEO | Meher P Pudumjee |
| E-voting on shares | Click here to vote |
Mutual Funds that own Thermax Stock
Check out the Mutual Funds with significant holdings in Thermax.
| Funds | Holdings | Prev. 5M |
|---|---|---|
| SBI Focused Fund Direct Plan Growth | 2.04% | |
| Kotak Flexicap Fund Direct Growth | 1.37% | |
| SBI Large Cap Fund Direct Growth | 1.1% | |
| SBI Midcap Fund Direct Growth | 1.76% | |
| SBI Energy Opportunities Fund Direct Growth | 3.7% |
FAQs
What is Thermax share price today?
Thermax share price today stands at ₹3778.7, Open: ₹3940.4, Previous Close: ₹3940.4, High: ₹3950, Low: ₹3760, 52 Week High: ₹5719, 52 Week Low: ₹2950.05 as on 01 Aug 2025, 04:01 PM IST.
How to buy Thermax shares ?
To buy Thermax shares, you need to follow these steps:
- Open a Demat account and Trading account on INDmoney
- Fund your Trading account
- Search for THERMAX or Thermax Ltd on the INDmoney app to check live prices of the stock
- Click on Buy or SIP to place an order to invest in Thermax shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
What is today's traded volume of Thermax?
Today's traded volume of Thermax is 1.80L. Which means that 1.80L shares of Thermax were bought and sold on the stock market during today's trading session.
What is Thermax's market cap today?
Today's market capitalisation of Thermax is ₹45,025.59 Cr. Market cap or market capitalisation is the total value of a company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares issued by the company.
What is the 52 week high and 52 week low range of Thermax?
Thermax’s 52 week high is ₹5719 and 52 week low is ₹2950.05. The current share price of Thermax is ₹3778.7, which is -33.93% down from its 52 week high and 28.09% up from its 52 week low.