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THERMAX

NSE

Thermax Ltd

₹3,096.00

-65.30(-2.07%)
VIIValue & Investment Index↓ lower is cheaper
29/100Value▲ 2.2 vs week
0 cheap50100 rich
252-day positioning
FSIFundamentals
47moderate
TECTechnical
17bearish
NSINews Sentiment
No recent news coverage
RRGRotation
Improving
RS 89.7 · Mom 104.1 · vs NIFTY 50
Proprietary indicesas of 2026-10-23

Exchange Surveillance

No active ASM or GSM measures on this stock.

Price band ± 20%

Price

Trading Data

range bars
Day range
Day low ₹3,022.60Day high ₹3,150.00
52-week range
52w low ₹2,743 · +12.9%52w high ₹5,278 · -41.3%
Open
₹3,150.00
Prev close
₹3,161.30
Volume
1.77 L
vs 10d avg
0.9×
Delivery %
—
Beta
—

Returns

absolute and vs benchmark index

About the Company

Thermax Ltd is engaged in providing engineering solutions to various industries. The company offers a wide range of products and services in heating, cooling, waste heat recovery, captive power, water treatment, recycling and waste management.The products and services offered by the company includes Boilers and Heaters- The company manufactures boilers and heaters according to the industry requirements such as hot water generators, steam boilers, thermal oil heaters, exhaust gas boilers, fired heaters are among others.Absorption cooling- The company manufactures vapour absorption machine that are cost effective chillers. The product portfolio consists of steam driven chillers, hot water driven chillers, multi energy driven chillers, etc.Chemicals- The company manufactures Tulsion a range of ion exchange resins.Water and Waste Solutions- The company manufactures a wide range of products such as clarifiers, filters, Deionizers, etc.Captive power plants- The company offers captive power and cogeneration systems.They also provide products to control air pollution..The company also in the business activities of Energy, Environment.

Industry
Conglomerates
HQ
Pune, Maharashtra
CEO & MD
Ashish Bhandari
Registrar
KFIN Technologies Pvt. Ltd.
Exchange
NSE
ISIN
INE152A01029
Cash segment only — no F&Othermaxglobal.com ↗

Ownership

latest filing

Institutional Demand

passive ownership through ETFs

Peers

others in the same industry

Context

where this company sits

Latest News

Coverage mentioning this stock

Delivery & Volume

last 10 sessions

Frequently Asked

▶What is the share price of Thermax Ltd today?

Thermax Ltd (THERMAX) is trading at ₹3,096. The price shown is the latest available from the exchange feed and updates through the trading session.

▶What is THERMAX’s P/E ratio versus the sector?

THERMAX trades at a P/E of 77.4. Its industry median is shown alongside it in Key Stats, so you can see at a glance whether the stock is priced above or below the businesses it competes with. A lower P/E is not automatically cheaper — it can also reflect slower expected growth.

▶What is THERMAX’s dividend yield?

THERMAX has a dividend yield of 0.42%, based on dividends declared over the last twelve months against the current price. The full dividend history is on the News & Filings tab.

▶What is THERMAX’s 52-week high and low?

THERMAX has traded between ₹2,742.7 and ₹5,277.8 over the past year. The Trading Data block shows where the current price sits inside that band.

▶What is the market capitalisation of Thermax Ltd?

Thermax Ltd has a market capitalisation of ₹40,044 crore.

▶What is THERMAX’s return on equity?

THERMAX reports a return on equity of 11.4%. ROE measures profit generated per rupee of shareholder capital, and is most meaningful compared against others in Conglomerates.

▶Who are THERMAX’s competitors?

The Peers block on this page lists other Conglomerates companies with their price, P/E and market capitalisation. The Valuation tab compares multiples against the industry median in more depth.

▶What is THERMAX’s promoter holding?

Promoters hold 61.99% of THERMAX. The Ownership tab shows the full shareholding pattern — promoter, FII, DII and public — and how each has moved across recent quarters.

▶Which indices include THERMAX?

Index membership is listed in the Context block on this page, along with the weight THERMAX carries in each. That weight is what determines how much passive money tracks the stock.

▶Is Thermax Ltd a good buy?

We do not publish buy or sell calls. What this page gives you instead is the evidence: our Value & Investment Index for where the price sits against its own history, the Fundamental Strength Index for the quality of the business, an investment checklist of criteria applied to every stock, and pros and cons generated from THERMAX’s own numbers. The judgement is yours.

THERMAX at a glance

Thermax Ltd operates in the Conglomerates industry, part of the Industrials sector. Thermax Ltd (THERMAX) last traded at ₹3,096, giving it a market capitalisation of ₹40,044 crore. The 52-week range is ₹2,742.7 to ₹5,277.8, and the price is 14% of the way up that range. It trades at a price-to-earnings ratio of 77.4. Promoters hold 61.99% of the company in the latest shareholding filing.

Market cap₹40,044 crore
P/E77.4
ROE11.4%
ROCE15.6%

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