THERMAX₹3,151.20-0.06%
Group Companies
Foreign Flows
sector level — not this stockIndustrials sector−₹1,353 Crnet foreign selling
2026-09-16 to 2026-09-endThis is the flow into the whole Industrials sector, not into THERMAX. We report it at the level it is measured — attributing a sector figure to one company would be inventing a number nobody published.
Supply Chain
suppliers and customers in the graphMacro Sensitivity
rates, currency, commoditiesRevenue by Segment
Business Group
Geographic Exposure
revenue, imports, currencyScenario analysis
stated assumptions, shown workingsTHERMAX exposure summary
In its latest segment disclosure (Dec 2025), a. Industrial Products was the largest segment at 48.0% of segment revenue, followed by b. Industrial Infra at 38.4%. Thermax Limited is a constituent of 6 indices, with its largest weights in S&P BSE Power (1.34%), NIFTY Energy (0.71%), NIFTY 500 (0.07%). 13 exchange-traded funds hold the stock.
| Index memberships | 6 |
|---|---|
| ETFs holding | 13 |
| Largest segment | a. Industrial Products · 48.0% |