Thermax Ltd., incorporated in the year 1980, is a Mid Cap company (having a market cap of Rs 54136.28 Crore) operating in Engineering sector.

Reduce Thermax, target price Rs 4237: Prabhudas Lilladher

The industrial products segment is poised for double-digit growth driven by solutions for water treatment and air pollution

Stock market positive on Thermax despite profit margin decline in Q1

Given the company’s market leadership with its energy-efficiency offerings, the brokerage assigns 50 times FY26E earnings to its green solutions business.

Thermax Q1 Results Review - A Strong Quarter Marred By One-Off: ICICI Securities

On August 2, three Nifty500 stocks closed 2% below their VWAP, indicating potential bearish trends and increased selling pressure.

Thermax and 2 other stocks close below VWAP

Thermax reported consolidated net profit of Rs 115.81 crore in Q1 FY25, registering a growth of 96.68% as against with Rs 58.88 crore posted in Q1 FY24.

Thermax Q1 PAT soars 97% YoY to Rs 116 cr

Thermax Q1 Results Post Strategy: मुनाफा में 97% की ग्रोथ, नतीजों पर Management से बातचीत | Business

Thermax Group Q1: Profit Almost Doubles, Orderbook & Synergies From Vebro Polymers | Ashish Bhandari

Thermax stock ended 2.29% higher at Rs 5184.95 on BSE. Market cap of the firm climbed to Rs 61,781 crore.

Thermax Q1 earnings: Net profit climbs 82%, stock ends higher

Energy and environment solutions provider Thermax on Thursday posted an 82 per cent jump in its consolidated net profit to Rs 109 crore as against Rs 60 crore in the same period last year mainly due to higher revenues.

Thermax Q1 results: Net profit jumps 82% to Rs 109 cr, revenue up 13%

Thermax consolidated net profit rises 96.69% in the June 2024 quarter

Budget 2024: Budget Boon For Infra, Capex & R&D Likely? Thermax MD & CEO Ashish Bhandari | ET Now

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Thermax Limited is engaged in the business of manufacture and sale of boilers, heating and cooling equipment, industrial chemicals, and water and waste management equipment.

Thermax Limited