Thermax Limited THERMAX.NS · Stock Open Thermax Limited in new tab
Thermax Limited Analysis (THERMAX.NS)
Is Thermax Limited a good investment? Thermax Limited (THERMAX.NS) is currently trading at 4799.90 INR. Market analysts have a consensus price target of 4409.36 INR. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 75.33. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Thermax Limited is expected to release its next earnings report on July 30, 2026. The market consensus estimate for Forward EPS is 96.52.
For income investors, Thermax Limited pays a dividend yield of 0.29%. With a payout ratio of 22%, the dividend appears sustainable.
Investor FAQ
Does Thermax Limited pay a dividend?
Yes, it pays an annual dividend of 14.00 INR (0.29% yield).
What asset class is Thermax Limited?
Thermax Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
When is the next earnings date?
The next earnings date is projected to be July 30, 2026. The company currently has a trailing EPS of 63.72.
Company Profile
Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering, procurement, and construction (EPC) of power plants, infra projects, and flue gas desulphurisation projects, along with associated services and manufacturing, installation, sales and services related to boiler and heater plants. The Green solutions segment builds, owns and operates BOO models, energy management solutions, oil and gas-fired, green hydrogen projects and renewable energy (Solar/Wind). The Chemical segment offers manufacturing, installation, sales and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services. It also operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services. In addition, the company offers steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery. It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries. Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.
| Year | Total Dividends |
|---|---|
| ▸2026 |
36.18 INR
|
| Aug. 5, 2026 (estimated) | 16.1778 |
| July 3, 2026 | 20.0000 |
| ▸2025 |
14.00 INR
|
| Aug. 5, 2025 | 14.0000 |
| ▸2024 |
12.00 INR
|
| Aug. 5, 2024 | 12.0000 |
| ▸2023 |
10.00 INR
|
| Aug. 31, 2023 | 10.0000 |
| ▸2022 |
9.00 INR
|
| Aug. 8, 2022 | 9.0000 |
| ▸2021 |
7.00 INR
|
| Sept. 5, 2021 | 7.0000 |
| ▸2020 |
7.00 INR
|
| March 27, 2020 | 7.0000 |
| ▸2019 |
7.00 INR
|
| Aug. 14, 2019 | 7.0000 |
| ▸2018 |
6.00 INR
|
| Sept. 7, 2018 | 6.0000 |
| ▸2017 |
6.00 INR
|
| Sept. 7, 2017 | 6.0000 |
| ▸2016 |
6.00 INR
|
| Sept. 9, 2016 | 6.0000 |
| ▸2015 |
7.00 INR
|
| Aug. 27, 2015 | 7.0000 |
| ▸2014 |
6.00 INR
|
| Aug. 21, 2014 | 6.0000 |
| ▸2013 |
7.00 INR
|
| Aug. 24, 2013 | 7.0000 |
| ▸2012 |
7.00 INR
|
| Aug. 25, 2012 | 7.0000 |
| ▸2011 |
9.00 INR
|
| July 27, 2011 | 9.0000 |
| ▸2010 |
5.00 INR
|
| Aug. 20, 2010 | 5.0000 |
| ▸2009 |
5.00 INR
|
| Aug. 1, 2009 | 5.0000 |
| ▸2008 |
8.00 INR
|
| Aug. 1, 2008 | 8.0000 |
| ▸2007 |
6.00 INR
|
| Sept. 1, 2007 | 2.6000 |
| April 5, 2007 | 3.4000 |
| ▸2006 |
3.40 INR
|
| July 25, 2006 | 3.4000 |
| ▸2005 |
2.40 INR
|
| July 31, 2005 | 2.4000 |
| ▸2004 |
2.40 INR
|
| July 27, 2004 | 2.4000 |
| ▸2003 |
0.80 INR
|
| July 31, 2003 | 0.8000 |
| ▸2002 |
0.33 INR
|
| Oct. 4, 2002 | 0.3333 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Thermax Limited | Jul 03, 2026 | Upcoming | 20.0 INR |
| Thermax Limited | Aug 05, 2025 | Paid | 14.0 INR |
| Split Date | Split Ratio to 1 |
|---|---|
| March 31, 2006 | 5.000000 |
| Sept. 8, 2003 | 3.000000 |
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