Nifty
:
23850.90
Sensex
:
78782.24
-453.45 (-1.87%)
-606.82 (-0.76%)
Nifty
Sensex
:
:
23850.90
78782.24
-453.45 (-1.87%)
-606.82 (-0.76%)

Thermax Ltd.

Engineering - Industrial Equipments

Rating :
N/A

BSE: 500411 | NSE: THERMAX

NSE BSE
5631.05
05-Jul-2024
  • Open
  • High
  • Low
  • Previous Close
  •  5289.95
  •  5789.00
  •  5289.95
  •  5289.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  521073
  •  28752.90
  •  5839.95
  •  2500.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 59,255.24
  • 84.38
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 59,535.87
  • 0.24%
  • 13.04

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.98%
  • 0.19%
  • 3.73%
  • FII
  • DII
  • Others
  • 15.38%
  • 12.68%
  • 6.04%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.80
  • 10.16
  • 15.01

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.60
  • 14.71
  • 14.50

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.89
  • 24.88
  • 27.37

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 65.11
  • 71.62
  • 73.98

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.98
  • 6.82
  • 8.70

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 31.03
  • 36.25
  • 43.08

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Net Sales
2,184.41
1,932.96
13.01%
2,763.68
2,310.82
19.60%
2,324.36
2,049.25
13.42%
2,302.46
2,075.26
10.95%
Expenses
2,043.26
1,800.76
13.47%
2,490.53
2,110.92
17.98%
2,136.94
1,888.17
13.18%
2,097.84
1,934.71
8.43%
EBITDA
141.15
132.20
6.77%
273.15
199.90
36.64%
187.42
161.08
16.35%
204.62
140.55
45.59%
EBIDTM
6.46%
6.84%
9.88%
8.65%
8.06%
7.86%
8.89%
6.77%
Other Income
84.09
53.06
58.48%
55.25
57.49
-3.90%
58.40
42.32
38.00%
65.86
39.83
65.35%
Interest
27.48
13.37
105.53%
27.81
13.92
99.78%
26.61
9.12
191.78%
19.80
7.98
148.12%
Depreciation
36.03
29.40
22.55%
49.88
29.44
69.43%
35.84
29.07
23.29%
32.96
29.80
10.60%
PBT
161.73
91.86
76.06%
250.71
214.03
17.14%
309.49
165.21
87.33%
217.72
142.60
52.68%
Tax
51.89
31.52
64.63%
63.28
58.14
8.84%
72.10
38.55
87.03%
58.87
33.24
77.11%
PAT
109.84
60.34
82.04%
187.43
155.89
20.23%
237.39
126.66
87.42%
158.85
109.36
45.25%
PATM
5.03%
3.12%
6.78%
6.75%
10.21%
6.18%
6.90%
5.27%
EPS
10.29
5.23
96.75%
16.90
13.85
22.02%
21.17
11.21
88.85%
14.01
9.69
44.58%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
9,574.91
9,323.46
8,089.81
6,128.33
4,791.25
5,748.25
5,974.10
4,464.88
4,483.08
5,144.96
5,304.41
Net Sales Growth
14.42%
15.25%
32.01%
27.91%
-16.65%
-3.78%
33.80%
-0.41%
-12.86%
-3.01%
 
Cost Of Goods Sold
5,370.94
5,219.56
4,624.68
3,485.04
2,538.63
3,085.69
3,336.66
2,349.34
2,264.32
2,740.36
2,865.83
Gross Profit
4,203.97
4,103.90
3,465.13
2,643.29
2,252.62
2,662.56
2,637.44
2,115.54
2,218.76
2,404.60
2,438.58
GP Margin
43.91%
44.02%
42.83%
43.13%
47.02%
46.32%
44.15%
47.38%
49.49%
46.74%
45.97%
Total Expenditure
8,768.57
8,527.70
7,492.25
5,724.01
4,436.06
5,347.56
5,516.66
4,063.94
4,050.09
4,728.98
4,843.00
Power & Fuel Cost
-
57.28
61.96
52.31
38.59
44.36
51.02
40.11
33.34
32.46
38.59
% Of Sales
-
0.61%
0.77%
0.85%
0.81%
0.77%
0.85%
0.90%
0.74%
0.63%
0.73%
Employee Cost
-
1,148.29
955.30
812.93
758.76
799.02
767.45
680.50
686.40
659.74
706.13
% Of Sales
-
12.32%
11.81%
13.27%
15.84%
13.90%
12.85%
15.24%
15.31%
12.82%
13.31%
Manufacturing Exp.
-
1,365.94
1,197.76
848.77
684.36
799.20
822.71
557.61
615.02
767.78
701.54
% Of Sales
-
14.65%
14.81%
13.85%
14.28%
13.90%
13.77%
12.49%
13.72%
14.92%
13.23%
General & Admin Exp.
-
326.82
278.47
215.82
157.66
236.60
221.01
189.71
182.59
186.46
209.14
% Of Sales
-
3.51%
3.44%
3.52%
3.29%
4.12%
3.70%
4.25%
4.07%
3.62%
3.94%
Selling & Distn. Exp.
-
291.03
273.70
247.30
185.79
255.27
189.01
153.02
142.36
142.10
187.02
% Of Sales
-
3.12%
3.38%
4.04%
3.88%
4.44%
3.16%
3.43%
3.18%
2.76%
3.53%
Miscellaneous Exp.
-
118.78
100.38
61.84
72.27
127.42
128.80
93.65
126.06
200.08
187.02
% Of Sales
-
1.27%
1.24%
1.01%
1.51%
2.22%
2.16%
2.10%
2.81%
3.89%
2.54%
EBITDA
806.34
795.76
597.56
404.32
355.19
400.69
457.44
400.94
432.99
415.98
461.41
EBITDA Margin
8.42%
8.54%
7.39%
6.60%
7.41%
6.97%
7.66%
8.98%
9.66%
8.09%
8.70%
Other Income
263.60
234.20
160.18
144.06
107.74
105.49
149.88
116.39
114.05
122.41
123.04
Interest
101.70
87.59
37.59
25.17
20.64
15.02
14.32
12.85
9.71
12.19
81.95
Depreciation
154.71
148.08
116.86
113.24
114.57
116.63
92.02
82.44
81.90
59.10
134.12
PBT
939.65
794.29
603.29
409.97
327.72
374.53
500.98
422.04
455.43
467.10
368.38
Tax
246.14
225.77
152.36
97.79
68.61
162.08
84.94
165.75
155.99
143.94
170.83
Tax Rate
26.19%
25.96%
25.25%
23.85%
24.93%
43.28%
20.64%
39.27%
35.65%
30.82%
53.56%
PAT
693.51
645.28
450.29
312.31
206.58
212.45
326.50
257.30
288.47
323.16
209.77
PAT before Minority Interest
703.06
643.19
450.70
312.31
206.58
212.45
326.50
256.29
281.60
323.16
148.13
Minority Interest
9.55
2.09
-0.41
0.00
0.00
0.00
0.00
1.01
6.87
0.00
61.64
PAT Margin
7.24%
6.92%
5.57%
5.10%
4.31%
3.70%
5.47%
5.76%
6.43%
6.28%
3.95%
PAT Growth
53.35%
43.30%
44.18%
51.18%
-2.76%
-34.93%
26.89%
-10.81%
-10.73%
54.05%
 
EPS
58.18
54.13
37.78
26.20
17.33
17.82
27.39
21.59
24.20
27.11
17.60

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
4,439.80
3,868.07
3,492.49
3,251.39
3,027.90
3,014.29
2,714.74
2,537.62
2,416.16
2,146.41
Share Capital
22.52
22.52
22.52
22.52
22.52
22.52
22.52
22.52
22.52
23.83
Total Reserves
4,411.31
3,843.03
3,469.97
3,228.87
3,005.38
2,991.77
2,692.22
2,515.10
2,393.64
2,122.58
Non-Current Liabilities
879.31
450.58
80.34
23.79
-14.21
-90.08
43.37
40.89
29.17
580.24
Secured Loans
789.48
422.52
61.42
22.16
33.39
35.07
53.01
46.02
33.06
493.70
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.17
0.54
Long Term Provisions
42.43
38.40
32.41
25.86
20.97
16.06
10.01
10.16
5.57
8.85
Current Liabilities
4,725.35
4,409.19
3,758.07
3,070.65
2,786.84
3,653.81
3,078.74
2,365.23
2,615.29
3,274.14
Trade Payables
1,532.89
1,497.86
1,459.76
1,138.01
960.24
1,370.65
1,038.60
1,004.19
947.61
1,062.70
Other Current Liabilities
2,432.90
2,319.87
1,791.87
1,429.49
1,467.76
1,942.04
1,688.49
1,109.16
1,334.14
1,716.43
Short Term Borrowings
413.19
363.31
276.25
282.90
178.15
185.00
164.24
85.27
137.94
127.47
Short Term Provisions
346.37
228.15
230.19
220.25
180.69
156.12
187.41
166.61
195.60
367.54
Total Liabilities
10,044.46
8,729.99
7,330.90
6,345.83
5,800.53
6,578.02
5,836.85
4,945.13
5,060.62
6,078.80
Net Block
1,906.12
1,248.17
1,194.74
1,242.04
1,282.98
1,311.86
972.68
810.73
827.31
1,431.41
Gross Block
3,228.38
2,469.47
2,351.78
2,328.06
2,255.44
2,236.29
1,741.27
1,515.42
1,437.85
2,051.24
Accumulated Depreciation
1,309.45
1,221.30
1,157.04
1,086.02
972.46
924.43
768.59
704.69
610.54
619.83
Non Current Assets
3,596.38
2,649.83
2,593.11
1,879.37
1,823.25
1,840.90
1,735.29
1,647.77
1,450.62
1,893.53
Capital Work in Progress
524.79
433.77
44.32
24.16
56.00
40.12
103.37
141.30
60.01
42.92
Non Current Investment
401.63
233.21
709.99
119.21
59.13
54.28
254.65
283.97
184.65
0.10
Long Term Loans & Adv.
538.40
555.56
475.37
373.36
326.55
291.93
320.72
329.11
212.53
286.49
Other Non Current Assets
225.44
179.12
168.69
120.60
98.59
142.71
83.87
82.66
166.12
132.61
Current Assets
6,448.08
6,072.26
4,737.79
4,466.46
3,977.28
4,737.12
4,101.56
3,297.36
3,610.00
4,185.27
Current Investments
1,363.46
1,392.87
766.54
115.25
816.07
775.06
1,217.08
799.07
865.16
821.66
Inventories
764.90
755.63
727.01
404.74
454.56
508.62
366.62
283.25
290.32
430.97
Sundry Debtors
2,116.43
1,762.06
1,423.72
1,237.10
1,386.33
1,378.13
1,243.21
1,034.24
1,334.09
1,775.74
Cash & Bank
975.32
1,131.58
953.50
1,939.20
481.49
369.06
293.99
220.99
297.64
384.36
Other Current Assets
1,227.97
102.41
139.75
122.01
838.83
1,706.25
980.66
959.81
822.79
772.54
Short Term Loans & Adv.
1,121.75
927.71
727.27
648.16
718.50
445.58
334.89
256.09
214.17
217.78
Net Current Assets
1,722.73
1,663.07
979.72
1,395.81
1,190.44
1,083.31
1,022.82
932.13
994.71
911.13
Total Assets
10,044.46
8,722.09
7,330.90
6,345.83
5,800.53
6,578.02
5,836.85
4,945.13
5,060.62
6,078.80

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
247.30
459.56
324.71
769.48
325.58
-115.42
533.59
334.58
252.58
310.75
PBT
869.78
603.29
409.97
275.19
374.53
411.44
422.04
437.59
467.10
318.96
Adjustment
39.80
70.31
18.28
114.66
60.48
108.65
13.84
81.50
94.22
179.90
Changes in Working Capital
-475.95
-62.80
-0.54
473.43
21.83
-448.51
274.84
-26.69
-137.94
-48.08
Cash after chg. in Working capital
433.63
610.80
427.71
863.28
456.84
71.58
710.72
492.40
423.38
450.78
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-186.33
-151.24
-103.00
-93.80
-131.26
-187.00
-177.13
-157.82
-170.80
-140.03
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-509.21
-679.68
-421.58
-635.68
-168.51
265.52
-531.09
-74.98
-145.79
79.62
Net Fixed Assets
-151.86
-30.79
-11.98
-40.74
-16.72
67.15
-132.17
-101.81
-39.31
-46.62
Net Investments
-123.36
-274.64
-1,092.14
506.39
14.90
371.40
-391.34
-26.21
-120.99
-161.74
Others
-233.99
-374.25
682.54
-1,101.33
-166.69
-173.03
-7.58
53.04
14.51
287.98
Cash from Financing Activity
285.40
348.54
-20.58
77.24
-232.45
-65.37
-20.32
-125.58
-112.25
-351.23
Net Cash Inflow / Outflow
23.49
128.42
-117.45
211.04
-75.38
84.73
-17.82
134.02
-5.46
39.14
Opening Cash & Equivalents
447.73
303.44
418.81
199.00
245.89
160.70
153.98
44.31
31.09
77.05
Closing Cash & Equivalent
466.75
447.73
303.44
418.81
199.00
245.89
160.70
153.98
44.31
116.19

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
393.77
343.30
310.17
288.76
268.91
267.70
241.10
225.37
214.58
180.14
ROA
6.85%
5.61%
4.57%
3.40%
3.43%
5.26%
4.75%
5.63%
5.80%
2.46%
ROE
15.50%
12.25%
9.26%
6.58%
7.03%
11.40%
9.76%
11.37%
14.17%
7.08%
ROCE
18.44%
15.03%
11.74%
8.67%
11.96%
13.73%
15.47%
16.93%
17.60%
14.23%
Fixed Asset Turnover
3.27
3.36
2.62
2.09
2.56
3.00
2.75
3.11
3.02
2.66
Receivable days
75.92
71.87
79.24
99.93
87.77
80.08
92.66
94.17
107.78
108.48
Inventory Days
29.76
33.45
33.70
32.73
30.58
26.74
26.44
22.81
25.00
28.31
Payable days
105.97
116.71
136.04
150.84
83.20
83.40
96.25
93.25
83.04
76.38
Cash Conversion Cycle
-0.29
-11.40
-23.09
-18.18
35.15
23.41
22.85
23.73
49.74
60.41
Total Debt/Equity
0.28
0.21
0.10
0.10
0.08
0.08
0.09
0.05
0.08
0.32
Interest Cover
10.92
17.04
17.29
14.33
25.94
29.73
33.84
46.07
39.32
4.89

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Thermax signs agreement to acquire 100% stake in Buildtech Products India
    25th Oct 2024, 17:42 PM

    The acquisition would provide Thermax entry into niche infrastructure projects including tunnelling, hydro power projects, etc.

    Read More
  • Thermax’s arm receives repeat order worth Rs 516 crore
    14th Sep 2024, 16:14 PM

    This order is part of the second phase of a 600 MW project being developed by the major, positioning Thermax as the sole partner for the entire project

    Read More
  • Thermax - Quarterly Results
    1st Aug 2024, 15:29 PM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.