Company Deep Dive
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THERMAX.NS
SellHot AirThermax Limited · Industrials · India · $4.3B · Avg Vol: $11M/d
29
StockRankGet insider-trade alerts
Q
47
V
16
M
56
P/E (TTM)
69.1x
ROE
13.0%
D/E
0.4x
Dividend %
0.5%
COMPANY DESCRIPTION
Thermax Limited, together with its subsidiaries, provides energy and environment solutions in India and internationally.
FINANCIAL SUMMARY (INR)
| Year | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 80.3B | 92.4B | 102.7B | 106.4B | 9.8% | 108.8B | 121.1B | 144.6B | 16.6% |
| EPS (INR) | 39.98 | 57.30 | 56.33 | 63.95 | 16.9% | 52.81 | 57.40 | 84.29 | 14.8% |
| Shares | 112.6M | 112.6M | 112.6M | 112.6M | +0.0% | 112.6M | — | — | — |
| Debt | 8.5B | 13.0B | 17.3B | 23.7B | 40.7% | 23.6B | — | — | — |
| Equity | 38.7B | 44.4B | 49.4B | 55.5B | 12.8% | — | — | — | — |
| Op CF | 4.6B | 2.5B | 10.8B | 5.4B | 5.6% | 5.4B | — | — | — |
| Inv CF | -6.8B | -5.1B | -12.7B | -5.9B | — | — | — | — | — |
| Fin CF | 3.5B | 2.9B | 1.2B | 2.5B | — | — | — | — | — |
Loading 1Y...
PRICE (1Y)-15.3%
SMA 50SMA 200
Close
$38.20
RSI (14)
14.7
52W High
$55.08
From 52W High
0.7%
SCORE BREAKDOWN
Quality
47
ROIC
13.2%70.5
ROE
13.0%68.4
GP/Assets
27.8%74.5
Op. Margin
0.4%17.4
FCF/Assets
-3.1%18.1
Piotroski
416.8
Int. Cover
6.8x43.9
D/E Ratio
0.42x44.6
Current Ratio
1.22x25.0
Value
16
P/E (TTM)
69.1x12.0
EV/EBITDA
46.6x10.6
P/FCF
—N/A
P/B
7.4x11.0
P/S
3.8x22.6
Div Yield
0.5%15.0
Momentum
56
52W High %
69%39.3
RS 6M
20%83.8
SMA 50/200
1.12x82.3
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
+70%61.9
Q Growth
-83%2.3
FUNDAMENTALS
Market Cap
$4.3B
P/E (Forward)
40.7x
Gross Margin
34.1%
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of THERMAX.NS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| THERMAX.NS | Thermax Limited(you) | $4.3B | 29 | Sell |
| GODREJIND.NS | Godrej Industries Limited | $4.1B | 34 | Sell |
| TIINDIA.NS | Tube Investments of India Limited | $5.4B | 43 | Hold |
| BEML.NS | BEML Limited | $1.8B | 36 | Hold |
| SRF.NS | SRF Limited | $7.9B | 51 | Hold |
| CARBORUNIV.NS | Carborundum Universal Limited | $2.2B | 51 | Hold |
| SINDHUTRAD.NS | Sindhu Trade Links Limited | $486M | 30 | Sell |
| 3MINDIA.NS | 3M India Limited | $3.9B | 72 | Buy |
| SWANCORP.NS | Swan Corp Limited | $915M | 11 | Strong Sell |
| NESCO.NS | Nesco Limited | $830M | 48 | Hold |
Peer medians: ROE 12.2% · P/E 33.4x · Gross margin 35.2%