Home StocksTHERMAX

T

THERMAX Share PriceCapital Goods

₹ 4,718.50

-122.50 (-2.53%)

loss

as on 22 Jul 2026 at 03:48 PM

M.Cap₹56,224 Cr

PE Ratio80.00

ROCE15.37%

views

23.7K

portfolio

644

analyst

45% Hold (Based on 20 analysts)

T

Thermax

THERMAX Share PriceCapital Goods

₹ 4,718.50

-122.50 (-2.53%) loss

loss

as on 22 Jul 2026 at 03:48 PM

views

23.7K

portfolio

644

analyst

45% Hold (Based on 20 analysts)

Financials

Balance Sheet

Cash Flow

Revenue Growth

THERMAX Financials

Consolidated

Standalone

View byConsolidated

Standalone

Income Statement

In Cr

Quarterly Statement	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	3,124	2,223	2,559	2,756	3,484
Expenses	2,747	1,933	2,302	2,380	3,054
	377	291	257	376	431
Operating Profit	300	225	172	255	374
Operating Profit Margin %	10%	10%	7%	10%	11%
Other Income	78	66	85	122	56
Interest	31	30	32	34	42
Depreciation	45	49	52	53	54
	301	212	174	289	334
Tax %	32%	28%	31%	29%	27%
Net Profit	206	151	119	205	244
EPS	18	14	11	18	22

Balance Sheet

In Cr

Yearly Balance Sheet	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7,461	8,839	10,153	12,038	13,282
Fixed Assets	1,195	1,248	1,906	2,806	3,048
Current Assets	4,738	6,072	6,448	7,313	7,109
Capital Work in Progress	44	434	525	563	1,442
Investments	1,477	1,626	1,765	1,699	1,784
Other Assets	4,746	5,531	5,957	6,971	7,009
	7,461	8,839	10,153	12,038	13,282
Current Liabilities	3,758	4,409	4,725	5,635	5,820
Non Current Liabilities	211	559	988	1,460	1,883
	3,493	3,870	4,440	4,943	5,579
Reserve & Surplus	3,470	3,846	4,417	4,914	5,527
Share Capital	23	23	23	23	23
Minority Interest	0	2	0	6	29

Cash Flow

In Cr

Yearly Cash Flow	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Activities	325	460	247	1,080	542
Investing Activities	-420	-664	-514	-1,257	-565
Financing Activities	-21	349	285	123	248
Net Cash Flow	-115	144	19	-55	224

Get In-depth View of THERMAX Quaterly Results, Balance Sheet, Cashflows & Corporate Action.

THERMAX Revenue Growth

All values are in Crores

Revenue

Profit

Loss

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2025-26	6,803	5.52%	649	13.42%
FY 2024-25	6,447	7.18%	572	30.79%
FY 2023-24	6,015	13.98%	437	32.86%
FY 2022-23	5,278	27.48%	329	63.98%
FY 2021-22	4,140	26.53%	201	42.38%

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