Thermax Limited Share Price and Company Fundamentals



Price
₹2088
Change
36.450 (1.777%)
52 week
1551.55 - 2679.0

Last traded: Last Friday at 10:00 AM

Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through three segments: Energy, Environment, and Chemical. The company offers vapor absorption and hybrid chillers, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, radiators, and air cooled heat exchangers and condensers; EPC solutions, such as cogen or trigen power plants, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery units, thermal oil heaters and vaporizers, hot water and air generators, energy plants, and packaged and modular units, as well as specialized services. In addition, the company offers air pollution control and water and waste solutions; and chemicals, such as ion exchange resins, water and fuel treatment chemicals, oil field chemicals, and construction chemicals. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, commercial/construction, engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was founded in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Key Metrics

PE ratio

65.29

PB ratio

6.83

Dividend yield

0.00%

Beta

0.56

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Specialty Industrial Machinery / Industrials
Full time employees 4634
Website https://www.thermaxglobal.com
Mailing address Thermax House 14, Mumbai-Pune Road Wakdewadi Pune 411003 India
Phone / Fax 91 20 6605 1200 / 91 20 2554 1226

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

28.95%

Thermax Limited paid ₹0.00 dividend and the ex-dividend date was 21 July 2022.The dividend payout ratio is 28.95%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.THERMAX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

THERMAX's forward dividend amount is ₹9 and the forward dividend yield is 0.43%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Thermax Limited.

Name Title Age Total Pay
Mr. Ashish Bhandari MD, CEO & Additional Director 50 70.95M
Mr. Rajendran Arunachalam Exec. VP & Group CFO
Ms. Janhavi Khele Company Sec. & Compliance Officer
Mr. Mahesh Murthy Exec. VP & CTO
Dr. Amit Sethi Exec. VP and Chief Digital & Information Officer
Mr. Jasmeet Bhatia Exec. VP & Chief HR Officer
Mr. Hemant Mohgaonkar Exec. VP of New Energy
Mr. Pravin Karve Pres of TBWES and P&ES
Mr. B. C. Mahesh Exec. VP & Head of Industrial Product Bus.
Mr. Bill Shukla Exec. VP of Industrial Products

Profitability and management effectiveness

Profit margin

4.77%

Operating margin

4.91%

Return on assets

3.11%

Return on equity

10.22%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Thermax Limited is and its enterprise value is .

The THERMAX's stocks Beta value is 0.56 making it 44% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Thermax Limited (NSE:THERMAX) Frequently Asked Questions

1. What is Thermax Limited's Stock Symbol?

Thermax Limited trades on NSE under the ticker symbol "THERMAX".

2. What is Thermax Limited's stock price today?

One share of THERMAX stock can currently be purchased for approximately ₹2088.

3. How can I contact Thermax Limited?

Thermax Limited's mailing address is Thermax House 14, Mumbai-Pune Road Wakdewadi Pune 411003 India. The company can be reached via phone at 91 20 6605 1200.

4. What is Thermax Limited's official website?

The official website of Thermax Limited is https://www.thermaxglobal.com.