Thermax Limited
NSE: THERMAX BSE: THERMAX
Prev Close
3257
Open Price
3257
Volume
34,489
Today Low / High
3213.2 / 3287.2
52 WK Low / High
2950.05 / 5355
Range
3,058 - 3,380
Prev Close
3260.15
Open Price
3250.35
Volume
3,592
Today Low / High
3215 / 3283.7
52 WK Low / High
2930.05 / 5354.9
Range
3,059 - 3,381
The stock is currently trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). On the NSE, the stock is priced at 3218.8 (target range: 3,058 - 3,380), reflecting a change of -38.2 (-1.17286%). On the BSE, it is listed at 3219.95 (target range: 3,059 - 3,381), showing a change of -40.2 (-1.23307%). The stock price is currently in decline on both exchanges, signaling a downtrend. If you're considering investing in this stock, it's important to monitor the situation closely.
Thermax Limited Graph
Thermax Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges
If you are looking for the target price for Thermax Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 3,218.80, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.
| Scenario | Price | Target | Range | 
|---|---|---|---|
| Bullish Scenario | 3,219.95 | 3,252.15 | 2,926.93 - 3,577.36 | 
| 3,284.35 | 2,627.48 - 3,941.22 | ||
| 3,316.55 | 2,321.58 - 4,311.51 | ||
| Bearish Scenario | 3,219.95 | 3,187.75 | 2,868.98 - 3,506.53 | 
| 3,155.55 | 2,524.44 - 3,786.66 | ||
| 3,123.35 | 2,186.35 - 4,060.36 | 
Overview of Thermax Limited
ISIN
INE152A01029
Industry
Industrial - Machinery
Vol.Avg
199,225
Market Cap
362,589,975,784
Last Dividend
14
Official Website
IPO Date
2002-07-01
DCF Diff
-3,502.08
DCF
6,734
Financial Ratios Every Investor Needs
Stock Dividend of THERMAX
| Date | Label | Adj Dividend | Dividend | Record Date | Payment Date | Declaration Date | 
|---|---|---|---|---|---|---|
| 2025-07-04 | July 04, 25 | 14 | 14 | 2025-07-04 | 2025-08-05 | |
| 2024-07-05 | July 05, 24 | 12 | 12 | 2024-07-05 | 2024-08-05 | |
| 2023-07-21 | July 21, 23 | 10 | 10 | 2023-07-21 | 2023-08-31 | |
| 2022-07-21 | July 21, 22 | 9 | 9 | 2022-07-22 | 2022-08-08 | |
| 2021-07-22 | July 22, 21 | 7 | 7 | 2021-07-23 | 2021-09-05 | 
Annual Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | R&D Expenses | G&A Expenses | Operating Income | Net Income | EPS | EBITDA | NIR | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 10,388.69 Cr | 5,813.50 Cr | 4,575.19 Cr | 0.4404 | 37.40 Cr | 183.55 Cr | 738.01 Cr | 634.47 Cr | 56.33 | 907.78 Cr | 0.0611 | 
| 2024-03-31 | 9,237.24 Cr | 5,448.02 Cr | 3,789.22 Cr | 0.4102 | 39.31 Cr | 173.58 Cr | 679.15 Cr | 645.28 Cr | 57.30 | 1,080.38 Cr | 0.0699 | 
| 2023-03-31 | 8,033.90 Cr | 4,946.61 Cr | 3,087.29 Cr | 0.3843 | 32.21 Cr | 142.05 Cr | 492.19 Cr | 450.29 Cr | 39.98 | 745.79 Cr | 0.0560 | 
| 2022-03-31 | 6,095.79 Cr | 5,272.03 Cr | 823.76 Cr | 0.1351 | 35.53 Cr | 115.40 Cr | 266.08 Cr | 312.31 Cr | 27.73 | 536.68 Cr | 0.0512 | 
| 2021-03-31 | 4,737.39 Cr | 2,724.53 Cr | 1,985.71 Cr | 0.4192 | 33.11 Cr | 90.91 Cr | 218.09 Cr | 206.58 Cr | 18.34 | 402.39 Cr | 0.0436 | 
Annual Financials Balance Sheet
| Date | C&C Equ. | Tot. Assets | Tot. Liab. | Stock. Equity | Tot. Debt | Net Debt | Inv. | PP&E (Net) | Curr. Def. Rev. | Non-Curr. Def. Rev. | LT Invest. | Curr. Liab. | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 417.68 Cr | 12,038.02 Cr | 7,095.44 Cr | 4,936.8900 Cr | 1,717.66 Cr | 563.12 Cr | 720.30 Cr | 3,176.03 Cr | 0.00 Cr | 36.50 Cr | 771.49 Cr | 5,635.0900 Cr | 
| 2024-03-31 | 486.58 Cr | 10,153.01 Cr | 5,713.21 Cr | 4,439.8000 Cr | 1,295.54 Cr | 808.96 Cr | 764.90 Cr | 2,499.76 Cr | 2,103.59 Cr | 13.07 Cr | 275.77 Cr | 4,725.3500 Cr | 
| 2023-03-31 | 452.82 Cr | 8,838.61 Cr | 4,968.39 Cr | 3,868.0700 Cr | 830.53 Cr | 377.71 Cr | 755.63 Cr | 1,796.89 Cr | 68.78 Cr | 21.64 Cr | -1,799.35 Cr | 4,409.1900 Cr | 
| 2022-03-31 | 310.78 Cr | 7,461.11 Cr | 3,968.62 Cr | 3,492.4900 Cr | 379.18 Cr | 68.40 Cr | 727.01 Cr | 1,198.51 Cr | 1,613.45 Cr | 30.68 Cr | -640.00 Cr | 3,758.0700 Cr | 
| 2021-03-31 | 461.31 Cr | 6,506.87 Cr | 3,255.48 Cr | 3,251.3900 Cr | 338.56 Cr | -122.75 Cr | 404.74 Cr | 1,231.15 Cr | 9.76 Cr | 62.84 Cr | -1,429.16 Cr | 3,070.6500 Cr | 
Annual Financials Cash Flow Statement
| Date | Operating Cash | Investing Cash | Financing Cash | Free Cash | Cash Change | Cash at End | CapEx | Income | Debt Repay | Dividends | Inventory | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 1,042.7900 Cr | -1,240.5500 Cr | 123.5500 Cr | 140.1200 Cr | -53.7800 Cr | 412.9700 Cr | -902.6700 Cr | 634.4700 Cr | 427.5300 Cr | -135.2300 Cr | 77.5900 Cr | 
| 2024-03-31 | 247.3000 Cr | -509.2100 Cr | 285.4000 Cr | -596.6400 Cr | 19.0200 Cr | 466.7500 Cr | -843.9400 Cr | 645.2800 Cr | 430.6300 Cr | -112.7500 Cr | -9.2700 Cr | 
| 2023-03-31 | 459.5600 Cr | -679.6800 Cr | 348.5400 Cr | -190.3800 Cr | 144.2900 Cr | 447.7300 Cr | -664.2200 Cr | 603.2900 Cr | 448.1300 Cr | -102.1300 Cr | -28.6200 Cr | 
| 2022-03-31 | 324.7100 Cr | -421.5800 Cr | -20.5800 Cr | 240.9300 Cr | -115.3700 Cr | 303.4400 Cr | -83.7800 Cr | 409.9700 Cr | 76.1900 Cr | -78.8300 Cr | -322.2700 Cr | 
| 2021-03-31 | 769.4800 Cr | -635.6800 Cr | 77.2400 Cr | 686.1100 Cr | 219.8100 Cr | 418.8100 Cr | -83.3700 Cr | 275.1900 Cr | 94.6600 Cr | 0.0000 Cr | 49.2700 Cr | 
Quarterly Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | Operating Income | Net Income | EPS | EBITDA | NIR | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 2,094.36 Cr | 1,060.36 Cr | 1,034.00 Cr | 0.4937 | 176.22 Cr | 152.38 Cr | 13.53 | 290.55 Cr | 0.0728 | 
| 2025-03-31 | 3,084.93 Cr | 1,744.81 Cr | 1,340.12 Cr | 0.4344 | 254.33 Cr | 205.73 Cr | 18.27 | 376.52 Cr | 0.0667 | 
| 2024-12-31 | 2,507.76 Cr | 1,399.46 Cr | 1,108.30 Cr | 0.4419 | 153.92 Cr | 115.90 Cr | 10.29 | 220.50 Cr | 0.0462 | 
| 2024-09-30 | 2,611.59 Cr | 1,440.45 Cr | 1,171.14 Cr | 0.4484 | 235.90 Cr | 197.09 Cr | 17.49 | 337.71 Cr | 0.0755 | 
| 2024-06-30 | 2,184.41 Cr | 1,556.15 Cr | 628.26 Cr | 0.2876 | 105.12 Cr | 115.81 Cr | 10.28 | 225.24 Cr | 0.0530 | 
Quarterly Financials Balance Sheet
| Date | Cash & Equiv. | Short-Term Inv. | Cash & Short-Term | Net Receivables | Inventory | Total Curr. Assets | PP&E (Net) | Total Assets | Total Liabilities | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 0.00 Cr | 0.00 Cr | 2,720.01 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | -4,942.58 Cr | 
| 2025-03-31 | 417.68 Cr | 2,304.16 Cr | 2,722.46 Cr | 2,454.91 Cr | 720.30 Cr | 7,321.98 Cr | 3,176.03 Cr | 12,038.02 Cr | 7,095.44 Cr | 
| 2024-12-31 | 0.00 Cr | 0.00 Cr | 2,943.34 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | -4,627.69 Cr | 
| 2024-09-30 | 766.76 Cr | 2,176.58 Cr | 2,943.34 Cr | 2,120.08 Cr | 818.06 Cr | 6,615.81 Cr | 2,715.74 Cr | 10,968.56 Cr | 6,340.87 Cr | 
| 2024-06-30 | -2,338.17 Cr | 4,676.34 Cr | 2,338.17 Cr | 0.00 Cr | 0.00 Cr | 2,338.17 Cr | 0.00 Cr | 0.00 Cr | -4,439.80 Cr | 
Quarterly Financials Cash Flow Statement
| Date | Net Income | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Net Cash Change | Cash at End | Cash at Beginning | CapEx | Free Cash Flow | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 152.38 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2025-03-31 | 205.73 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-12-31 | 115.90 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-09-30 | 197.03 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-06-30 | 115.81 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
Splits History
| Date | Label | Split Ratio | 
|---|---|---|
| 2006-03-31 | March 31, 06 | 5:1 | 
| 2003-09-08 | September 08, 03 | 3:1 | 
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Key Executives
Gender: male
Year Born:
Gender: male
Year Born: 1971
Gender: male
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Gender: male
Year Born:
Gender: male
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Gender: Not Specified
Year Born:
Gender: male
Year Born:
Gender: male
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Gender: Not Specified
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FAQs about Thermax Limited
The CEO is Ashish Bhandari.
The current price is ₹3,218.80.
The range is ₹2950.05-5355.
The market capitalization is ₹36,259.00 crores.
The dividend yield is 0.43%.
The P/E ratio is 54.02.
The company operates in the Industrials sector.
Overview of Thermax Limited (ISIN: INE152A01029) is a leading Industrial - Machinery in India. With a market capitalization of ₹36,259.00 crores and an average daily volume of 199,225 shares, it operates in the Industrial - Machinery. The company last declared a dividend of ₹14.
