Thermax Statistics

Total Valuation

Thermax has a market cap or net worth of INR 371.57 billion. The enterprise value is 361.58 billion.

Market Cap	371.57B
Enterprise Value	361.58B

Important Dates

The last earnings date was Friday, May 9, 2025.

Earnings Date	May 9, 2025
Ex-Dividend Date	Jul 4, 2025

Share Statistics

Thermax has 112.62 million shares outstanding. The number of shares has increased by 0.02% in one year.

Current Share Class	112.62M
Shares Outstanding	112.62M
Shares Change (YoY)	+0.02%
Shares Change (QoQ)	+0.03%
Owned by Insiders (%)	0.01%
Owned by Institutions (%)	20.06%
Float	32.50M

Valuation Ratios

The trailing PE ratio is 58.59 and the forward PE ratio is 47.34. Thermax's PEG ratio is 2.30.

PE Ratio	58.59
Forward PE	47.34
PS Ratio	3.58
PB Ratio	7.52
P/TBV Ratio	7.83
P/FCF Ratio	265.18
P/OCF Ratio	35.63
PEG Ratio	2.30

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 39.84, with an EV/FCF ratio of 258.05.

EV / Earnings	56.99
EV / Sales	3.48
EV / EBITDA	39.84
EV / EBIT	48.27
EV / FCF	258.05

Financial Position

The company has a current ratio of 1.30, with a Debt / Equity ratio of 0.35.

Current Ratio	1.30
Quick Ratio	0.92
Debt / Equity	0.35
Debt / EBITDA	1.89
Debt / FCF	12.26
Interest Coverage	6.42

Financial Efficiency

Return on equity (ROE) is 13.36% and return on invested capital (ROIC) is 7.57%.

Return on Equity (ROE)	13.36%
Return on Assets (ROA)	4.22%
Return on Invested Capital (ROIC)	7.57%
Return on Capital Employed (ROCE)	11.70%
Revenue Per Employee	19.88M
Profits Per Employee	1.21M
Employee Count	5,225
Asset Turnover	0.94
Inventory Turnover	7.83

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -27.52% in the last 52 weeks. The beta is 0.20, so Thermax's price volatility has been lower than the market average.

Beta (5Y)	0.20
52-Week Price Change	-27.52%
50-Day Moving Average	3,351.74
200-Day Moving Average	4,205.22
Relative Strength Index (RSI)	49.37
Average Volume (20 Days)	105,697

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Thermax had revenue of INR 103.89 billion and earned 6.34 billion in profits. Earnings per share was 56.31.

Revenue	103.89B
Gross Profit	45.75B
Operating Income	7.49B
Pretax Income	8.84B
Net Income	6.34B
EBITDA	9.08B
EBIT	7.49B
Earnings Per Share (EPS)	56.31

Full Income Statement

Balance Sheet

The company has 27.22 billion in cash and 17.18 billion in debt, giving a net cash position of 10.05 billion or 89.22 per share.

Cash & Cash Equivalents	27.22B
Total Debt	17.18B
Net Cash	10.05B
Net Cash Per Share	89.22
Equity (Book Value)	49.43B
Book Value Per Share	438.42
Working Capital	16.87B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 10.43 billion and capital expenditures -9.03 billion, giving a free cash flow of 1.40 billion.

Operating Cash Flow	10.43B
Capital Expenditures	-9.03B
Free Cash Flow	1.40B
FCF Per Share	12.44

Full Cash Flow Statement

Margins

Gross margin is 44.04%, with operating and profit margins of 7.21% and 6.11%.

Gross Margin	44.04%
Operating Margin	7.21%
Pretax Margin	8.51%
Profit Margin	6.11%
EBITDA Margin	8.74%
EBIT Margin	7.21%
FCF Margin	1.35%

Dividends & Yields

This stock pays an annual dividend of 14.00, which amounts to a dividend yield of 0.42%.

Dividend Per Share	14.00
Dividend Yield	0.42%
Dividend Growth (YoY)	16.67%
Years of Dividend Growth	3
Payout Ratio	21.31%
Buyback Yield	-0.02%
Shareholder Yield	0.41%
Earnings Yield	1.71%
FCF Yield	0.38%

Dividend Details

Stock Splits

The last stock split was on March 31, 2006. It was a forward split with a ratio of 5.

Last Split Date	Mar 31, 2006
Split Type	Forward
Split Ratio	5

Scores

Altman Z-Score	n/a
Piotroski F-Score	n/a