Nifty

:

17331.80

Sensex

:

58222.10

57.50 (0.33%)
156.63 (0.27%)

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Nifty
Sensex

:
:

17331.80
58222.10

57.50 (0.33%)
156.63 (0.27%)

Thermax Ltd.

Engineering - Industrial Equipments

Rating :

65/99

BSE: 500411 | NSE: THERMAX

Watchlist

NSE BSE

2200.25

06-Oct-2022

Day's Open
Day's High
Day's Low
Previous Close

2218.90
2224.70
2191.40
2195.45

Volume
Traded Value (lacs)
52 Week High
52 Week Low

63747
1407.27
2679.00
1302.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

26,224.51
79.66
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

25,626.43
0.41%
7.37

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

1.10
6.54
2.16

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-2.10
0.17
0.18

PAT CAGR (%)

10 Years
5 Years
3 Years

-0.25
3.94
13.69

P:E (Median)

8 Years
5 Years
3 Years

51.26
62.38
68.38

P:BV (Average)

8 Years
5 Years
3 Years

4.81
4.81
4.94

EV:EBITDA (Average)

8 Years
5 Years
3 Years

24.58
27.42
30.19

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 22 Jun 21 Var% Mar 22 Mar 21 Var% Dec 21 Dec 20 Var% Sep 21 Sep 20 Var%
Net Sales 947.00 709.65 33.45% 1,281.20 1,084.97 18.09% 1,017.16 903.25 12.61% 1,007.38 714.72 40.95%
Expenses 909.75 675.51 34.68% 1,210.03 1,000.35 20.96% 964.28 807.22 19.46% 939.55 666.79 40.91%
EBITDA 37.25 34.14 9.11% 71.17 84.62 -15.89% 52.88 96.03 -44.93% 67.83 47.93 41.52%
EBIDTM 3.93% 4.81% 5.55% 7.80% 5.20% 10.63% 6.73% 6.71%
Other Income 15.74 22.76 -30.84% 38.31 62.01 -38.22% 32.57 28.29 15.13% 30.92 26.29 17.61%
Interest 3.59 2.12 69.34% 6.11 2.71 125.46% 2.71 2.24 20.98% 2.39 1.86 28.49%
Depreciation 17.85 16.25 9.85% 17.86 16.65 7.27% 17.00 16.67 1.98% 16.08 15.48 3.88%
PBT 31.55 38.53 -18.12% 85.51 127.27 -32.81% 51.74 14.92 246.78% 80.28 44.34 81.06%
Tax 7.06 8.01 -11.86% 14.36 14.53 -1.17% 12.52 18.33 -31.70% 20.38 10.73 89.93%
PAT 24.49 30.52 -19.76% 71.15 112.74 -36.89% 39.22 -3.41 - 59.90 33.61 78.22%
PATM 2.59% 4.30% 5.55% 10.39% 3.86% -0.38% 5.95% 4.70%
EPS 2.05 2.56 -19.92% 5.97 9.46 -36.89% 3.29 -0.29 - 5.03 2.82 78.37%

Description Jun 22 Jun 21 Var% Mar 22 Mar 21 Var% Dec 21 Dec 20 Var% Sep 21 Sep 20 Var%
Net Sales 1,654.48 1,052.36 57.22% 1,991.92 1,574.52 26.51% 1,614.73 1,410.59 14.47% 1,469.32 1,141.20 28.75%
Expenses 1,558.45 989.32 57.53% 1,856.70 1,434.86 29.40% 1,501.63 1,263.01 18.89% 1,359.31 1,061.86 28.01%
EBITDA 96.03 63.04 52.33% 135.22 139.66 -3.18% 113.10 147.58 -23.36% 110.01 79.34 38.66%
EBIDTM 5.80% 5.99% 6.79% 8.87% 7.00% 10.46% 7.49% 6.95%
Other Income 20.54 25.39 -19.10% 35.70 35.82 -0.34% 29.17 28.23 3.33% 36.75 22.77 61.40%
Interest 6.57 4.78 37.45% 10.08 6.30 60.00% 5.26 5.65 -6.90% 5.05 4.69 7.68%
Depreciation 28.55 27.39 4.24% 29.46 28.80 2.29% 28.97 29.07 -0.34% 27.42 28.68 -4.39%
PBT 81.45 56.26 44.77% 131.38 140.38 -6.41% 108.04 113.21 -4.57% 114.29 44.09 159.22%
Tax 22.43 13.86 61.83% 28.97 33.03 -12.29% 28.59 29.95 -4.54% 26.37 12.85 105.21%
PAT 59.02 42.40 39.20% 102.41 107.35 -4.60% 79.45 83.26 -4.58% 87.92 31.24 181.43%
PATM 3.57% 4.03% 5.14% 6.82% 4.92% 5.90% 5.98% 2.74%
EPS 5.24 3.77 38.99% 9.11 9.53 -4.41% 7.06 7.39 -4.47% 7.81 2.77 181.95%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description TTM Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 4,252.74 4,015.39 3,131.48 4,184.30 5,189.10 3,874.50 3,763.65 4,338.28 4,602.71 4,302.16 4,690.87 Net Sales Growth 24.62% 28.23% -25.16% -19.36% 33.93% 2.95% -13.25% -5.75% 6.99% -8.29% Cost Of Goods Sold 2,583.06 2,404.32 1,720.45 1,847.11 2,206.02 1,540.07 2,060.48 2,567.48 2,776.03 2,764.75 3,173.72 Gross Profit 1,669.68 1,611.07 1,411.03 2,337.19 2,983.08 2,334.43 1,703.17 1,770.80 1,826.68 1,537.41 1,517.15 GP Margin 39.26% 40.12% 45.06% 55.86% 57.49% 60.25% 45.25% 40.82% 39.69% 35.74% 32.34% Total Expenditure 4,023.61 3,803.48 2,913.50 3,880.33 4,765.16 3,517.36 3,389.86 3,976.81 4,138.48 3,882.87 4,175.08 Power & Fuel Cost - 39.03 27.03 30.40 32.42 25.75 28.02 27.50 30.17 28.09 26.65 % Of Sales - 0.97% 0.86% 0.73% 0.62% 0.66% 0.74% 0.63% 0.66% 0.65% 0.57% Employee Cost - 477.81 453.79 430.94 393.34 357.05 458.92 450.21 450.28 422.64 401.57 % Of Sales - 11.90% 14.49% 10.30% 7.58% 9.22% 12.19% 10.38% 9.78% 9.82% 8.56% Manufacturing Exp. - 550.59 452.80 407.59 381.25 344.23 459.29 470.44 440.34 244.45 206.94 % Of Sales - 13.71% 14.46% 9.74% 7.35% 8.88% 12.20% 10.84% 9.57% 5.68% 4.41% General & Admin Exp. - 132.87 100.93 135.07 123.72 113.46 143.01 147.07 160.44 124.59 121.41 % Of Sales - 3.31% 3.22% 3.23% 2.38% 2.93% 3.80% 3.39% 3.49% 2.90% 2.59% Selling & Distn. Exp. - 158.45 98.43 101.25 94.74 74.07 131.61 137.91 167.63 158.78 159.91 % Of Sales - 3.95% 3.14% 2.42% 1.83% 1.91% 3.50% 3.18% 3.64% 3.69% 3.41% Miscellaneous Exp. - 40.41 60.07 927.97 1,533.67 1,062.73 108.53 176.20 113.59 139.57 159.91 % Of Sales - 1.01% 1.92% 22.18% 29.56% 27.43% 2.88% 4.06% 2.47% 3.24% 1.81% EBITDA 229.13 211.91 217.98 303.97 423.94 357.14 373.79 361.47 464.23 419.29 515.79 EBITDA Margin 5.39% 5.28% 6.96% 7.26% 8.17% 9.22% 9.93% 8.33% 10.09% 9.75% 11.00% Other Income 117.54 138.67 140.53 104.40 122.80 99.36 102.65 114.02 116.62 64.30 73.01 Interest 14.80 13.33 8.57 5.23 5.26 4.02 3.59 4.60 19.69 18.93 18.31 Depreciation 68.79 67.19 63.99 62.61 50.13 49.37 65.43 48.20 64.12 57.77 54.86 PBT 249.08 270.06 285.95 340.53 491.35 403.11 407.42 422.69 497.04 406.89 515.63 Tax 54.32 55.27 41.90 111.65 168.26 139.86 129.75 125.20 161.10 153.92 165.67 Tax Rate 21.81% 21.58% 22.91% 34.29% 37.94% 36.99% 47.25% 29.62% 32.41% 37.83% 32.13% PAT 194.76 200.79 141.02 213.99 275.24 238.25 144.83 297.49 335.94 252.97 349.96 PAT before Minority Interest 194.76 200.79 141.02 213.99 275.24 238.25 144.83 297.49 335.94 252.97 349.96 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 4.58% 5.00% 4.50% 5.11% 5.30% 6.15% 3.85% 6.86% 7.30% 5.88% 7.46% PAT Growth 12.28% 42.38% -34.10% -22.25% 15.53% 64.50% -51.32% -11.45% 32.80% -27.71% EPS 16.34 16.84 11.83 17.95 23.09 19.99 12.15 24.96 28.18 21.22 29.36

Description TTM Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 6,730.45 6,128.33 4,791.25 5,748.25 5,974.10 4,464.88 4,483.08 5,144.96 5,304.41 5,099.88 5,491.70 Net Sales Growth 29.96% 27.91% -16.65% -3.78% 33.80% -0.41% -12.86% -3.01% 4.01% -7.13% Cost Of Goods Sold 3,922.93 3,485.04 2,538.63 3,085.69 3,336.66 2,349.34 2,264.32 2,740.36 2,865.83 2,861.64 3,315.73 Gross Profit 2,807.52 2,643.29 2,252.62 2,662.56 2,637.44 2,115.54 2,218.76 2,404.60 2,438.58 2,238.24 2,175.97 GP Margin 41.71% 43.13% 47.02% 46.32% 44.15% 47.38% 49.49% 46.74% 45.97% 43.89% 39.62% Total Expenditure 6,276.09 5,724.01 4,436.06 5,347.56 5,516.66 4,063.94 4,050.09 4,728.98 4,843.00 4,651.35 4,991.83 Power & Fuel Cost - 52.31 38.59 44.36 51.02 40.11 33.34 32.46 38.59 39.24 34.64 % Of Sales - 0.85% 0.81% 0.77% 0.85% 0.90% 0.74% 0.63% 0.73% 0.77% 0.63% Employee Cost - 812.93 758.76 799.02 767.45 680.50 686.40 659.74 706.13 701.86 612.18 % Of Sales - 13.27% 15.84% 13.90% 12.85% 15.24% 15.31% 12.82% 13.31% 13.76% 11.15% Manufacturing Exp. - 848.77 684.36 799.20 822.71 557.61 615.02 767.78 701.54 558.94 586.53 % Of Sales - 13.85% 14.28% 13.90% 13.77% 12.49% 13.72% 14.92% 13.23% 10.96% 10.68% General & Admin Exp. - 215.82 157.66 236.60 221.01 189.71 182.59 186.46 209.14 170.64 163.93 % Of Sales - 3.52% 3.29% 4.12% 3.70% 4.25% 4.07% 3.62% 3.94% 3.35% 2.99% Selling & Distn. Exp. - 247.30 185.79 255.27 189.01 153.02 142.36 142.10 187.02 176.28 175.48 % Of Sales - 4.04% 3.88% 4.44% 3.16% 3.43% 3.18% 2.76% 3.53% 3.46% 3.20% Miscellaneous Exp. - 61.84 72.27 127.42 128.80 93.65 126.06 200.08 134.75 142.75 175.48 % Of Sales - 1.01% 1.51% 2.22% 2.16% 2.10% 2.81% 3.89% 2.54% 2.80% 1.88% EBITDA 454.36 404.32 355.19 400.69 457.44 400.94 432.99 415.98 461.41 448.53 499.87 EBITDA Margin 6.75% 6.60% 7.41% 6.97% 7.66% 8.98% 9.66% 8.09% 8.70% 8.79% 9.10% Other Income 122.16 144.06 107.74 105.49 149.88 116.39 114.05 122.41 123.04 71.57 85.01 Interest 26.96 25.17 20.64 15.02 14.32 12.85 9.71 12.19 81.95 38.61 26.41 Depreciation 114.40 113.24 114.57 116.63 92.02 82.44 81.90 59.10 134.12 92.15 77.07 PBT 435.16 409.97 327.72 374.53 500.98 422.04 455.43 467.10 368.38 389.34 481.40 Tax 106.36 97.79 68.61 162.08 84.94 165.75 155.99 143.94 170.83 169.59 177.34 Tax Rate 24.44% 23.85% 24.93% 43.28% 20.64% 39.27% 35.65% 30.82% 53.56% 43.56% 36.84% PAT 328.80 312.18 206.58 212.45 326.50 257.30 288.47 323.16 209.77 245.99 320.13 PAT before Minority Interest 328.80 312.18 206.58 212.45 326.50 256.29 281.60 323.16 148.13 219.75 304.06 Minority Interest 0.00 0.00 0.00 0.00 0.00 1.01 6.87 0.00 61.64 26.24 16.07 PAT Margin 4.89% 5.09% 4.31% 3.70% 5.47% 5.76% 6.43% 6.28% 3.95% 4.82% 5.83% PAT Growth 24.43% 51.12% -2.76% -34.93% 26.89% -10.81% -10.73% 54.05% -14.72% -23.16% EPS 27.58 26.19 17.33 17.82 27.39 21.59 24.20 27.11 17.60 20.64 26.86

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Shareholder's Funds 3,001.00 2,879.38 2,737.49 2,735.85 2,565.56 2,409.76 2,342.15 2,266.82 2,024.99 1,869.27 Share Capital 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 Total Reserves 2,977.17 2,855.55 2,713.66 2,712.02 2,541.73 2,385.93 2,318.32 2,242.99 2,001.16 1,845.44 Non-Current Liabilities 55.59 62.95 31.91 -62.09 -33.91 -34.52 -37.58 33.73 173.56 67.04 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.18 0.10 0.13 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.54 0.54 0.50 0.30 Long Term Provisions 18.06 11.79 11.13 7.49 9.84 9.74 5.05 4.61 0.00 0.00 Current Liabilities 2,320.24 2,036.86 1,600.06 3,344.40 2,739.31 2,116.63 2,282.61 2,692.77 2,655.30 2,190.32 Trade Payables 975.34 841.26 602.59 1,263.12 943.12 924.51 826.14 871.92 841.22 888.05 Other Current Liabilities 1,015.98 925.91 826.67 1,789.39 1,520.60 981.10 1,197.31 1,371.75 1,387.40 1,034.62 Short Term Borrowings 180.00 140.75 72.38 153.63 116.49 66.22 90.75 104.21 188.71 11.91 Short Term Provisions 148.92 128.94 98.42 138.26 159.10 144.80 168.41 344.89 237.97 255.74 Total Liabilities 5,376.83 4,979.19 4,369.46 6,018.16 5,270.96 4,491.87 4,587.18 4,993.32 4,853.85 4,126.63 Net Block 746.10 770.68 748.08 796.38 671.48 554.63 583.58 609.31 640.42 554.61 Gross Block 1,338.84 1,318.47 1,245.67 1,254.09 1,259.19 1,090.24 1,058.62 1,039.06 1,008.11 873.49 Accumulated Depreciation 592.74 547.79 497.59 457.71 587.71 535.61 475.04 429.75 367.69 318.88 Non Current Assets 2,659.44 1,894.82 2,046.39 1,847.09 1,699.53 1,631.64 1,453.56 1,427.72 1,320.02 1,263.67 Capital Work in Progress 14.97 23.36 55.42 30.28 92.33 129.11 58.92 39.17 23.50 90.90 Non Current Investment 1,460.95 788.17 772.36 767.48 639.29 639.73 539.21 474.19 462.08 393.69 Long Term Loans & Adv. 411.31 312.04 469.70 216.26 255.62 266.33 152.03 214.42 110.06 164.67 Other Non Current Assets 26.11 0.57 0.83 36.69 40.81 41.84 119.82 90.63 83.96 59.80 Current Assets 2,717.39 3,084.37 2,323.07 4,171.07 3,571.43 2,860.23 3,133.62 3,565.60 3,533.83 2,862.96 Current Investments 534.30 114.94 637.14 656.92 1,156.51 764.73 839.04 783.07 633.44 410.29 Inventories 370.35 245.94 255.01 467.82 298.30 228.65 224.77 315.95 252.85 210.33 Sundry Debtors 953.37 823.52 753.36 1,257.79 1,139.30 955.37 1,225.43 1,538.72 1,352.36 1,423.89 Cash & Bank 441.57 1,386.78 230.12 218.82 119.35 70.93 178.36 257.21 320.14 222.62 Other Current Assets 417.80 70.56 70.95 1,263.14 857.97 840.55 666.02 670.65 975.04 595.83 Short Term Loans & Adv. 343.23 442.63 376.49 306.58 307.86 258.42 184.06 173.44 326.20 172.95 Net Current Assets 397.15 1,047.51 723.01 826.67 832.12 743.60 851.01 872.83 878.53 672.64 Total Assets 5,376.83 4,979.19 4,369.46 6,018.16 5,270.96 4,491.87 4,587.18 4,993.32 4,853.85 4,126.63

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Shareholder's Funds 3,492.49 3,251.39 3,027.90 3,014.29 2,714.74 2,537.62 2,416.16 2,146.41 2,038.30 1,868.68 Share Capital 22.52 22.52 22.52 22.52 22.52 22.52 22.52 23.83 23.83 23.83 Total Reserves 3,469.97 3,228.87 3,005.38 2,991.77 2,692.22 2,515.10 2,393.64 2,122.58 2,014.47 1,844.85 Non-Current Liabilities 80.34 23.79 -14.21 -90.08 43.37 40.89 29.17 580.24 764.80 476.94 Secured Loans 61.42 22.16 33.39 35.07 53.01 46.02 33.06 493.70 516.15 382.92 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 1.17 0.54 0.50 0.30 Long Term Provisions 32.41 25.86 20.97 16.06 10.01 10.16 5.57 8.85 2.46 1.30 Current Liabilities 3,758.07 3,070.65 2,786.84 3,653.81 3,078.74 2,365.23 2,615.29 3,274.14 2,999.36 2,531.64 Trade Payables 1,459.76 1,138.01 960.24 1,370.65 1,038.60 1,004.19 947.61 1,062.70 931.89 972.30 Other Current Liabilities 1,791.87 1,429.49 1,467.76 1,942.04 1,688.49 1,109.16 1,334.14 1,716.43 1,581.08 1,241.67 Short Term Borrowings 276.25 282.90 178.15 185.00 164.24 85.27 137.94 127.47 222.06 37.73 Short Term Provisions 230.19 220.25 180.69 156.12 187.41 166.61 195.60 367.54 264.33 279.94 Total Liabilities 7,330.90 6,345.83 5,800.53 6,578.02 5,836.85 4,945.13 5,060.62 6,078.80 5,942.11 4,987.53 Net Block 1,194.74 1,242.04 1,282.98 1,311.86 972.68 810.73 827.31 1,431.41 1,526.54 872.69 Gross Block 2,351.78 2,328.06 2,255.44 2,236.29 1,741.27 1,515.42 1,437.85 2,051.24 2,044.88 1,296.24 Accumulated Depreciation 1,157.04 1,086.02 972.46 924.43 768.59 704.69 610.54 619.83 518.34 423.55 Non Current Assets 2,593.11 1,879.37 1,823.25 1,840.90 1,735.29 1,647.77 1,450.62 1,893.53 1,816.65 1,678.30 Capital Work in Progress 44.32 24.16 56.00 40.12 103.37 141.30 60.01 42.92 53.70 517.45 Non Current Investment 709.99 119.21 59.13 54.28 254.65 283.97 184.65 0.10 0.03 0.03 Long Term Loans & Adv. 475.37 373.36 326.55 291.93 320.72 329.11 212.53 286.49 145.89 211.15 Other Non Current Assets 168.69 120.60 98.59 142.71 83.87 82.66 166.12 132.61 90.49 76.98 Current Assets 4,737.79 4,466.46 3,977.28 4,737.12 4,101.56 3,297.36 3,610.00 4,185.27 4,125.46 3,309.23 Current Investments 766.54 115.25 816.07 775.06 1,217.08 799.07 865.16 821.66 707.86 442.96 Inventories 727.01 404.74 454.56 508.62 366.62 283.25 290.32 430.97 415.77 323.95 Sundry Debtors 1,423.72 1,237.10 1,386.33 1,378.13 1,243.21 1,034.24 1,334.09 1,775.74 1,468.49 1,546.74 Cash & Bank 953.50 1,939.20 481.49 369.06 293.99 220.99 297.64 384.36 450.84 321.12 Other Current Assets 867.02 122.01 120.33 1,260.67 980.66 959.81 822.79 772.54 1,082.50 674.46 Short Term Loans & Adv. 727.27 648.16 718.50 445.58 334.89 256.09 214.17 217.78 363.32 199.00 Net Current Assets 979.72 1,395.81 1,190.44 1,083.31 1,022.82 932.13 994.71 911.13 1,126.10 777.59 Total Assets 7,330.90 6,345.83 5,800.53 6,578.02 5,836.85 4,945.13 5,060.62 6,078.80 5,942.11 4,987.53

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Cash From Operating Activity 93.87 409.01 253.18 -117.15 507.06 346.12 288.07 294.09 330.82 207.13 PBT 256.06 182.92 325.64 443.50 378.11 274.58 422.69 497.04 406.89 515.63 Adjustment -18.74 72.78 36.59 48.95 30.27 187.83 76.39 65.07 43.88 12.80 Changes in Working Capital -61.75 235.75 3.40 -436.81 252.54 17.68 -59.37 -148.23 65.79 -118.72 Cash after chg. in Working capital 175.57 491.45 365.63 55.64 660.92 480.09 439.71 413.88 516.56 409.71 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -81.70 -82.44 -112.45 -172.79 -153.86 -133.97 -151.64 -119.79 -185.74 -202.58 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -100.17 -375.16 -98.40 254.34 -456.48 -150.99 -170.46 -16.21 -303.92 -292.61 Net Fixed Assets -11.98 -40.74 -16.72 67.15 -132.17 -101.81 -39.31 -46.62 -67.22 -117.82 Net Investments -1,092.14 506.39 14.90 371.40 -391.34 -26.21 -120.99 -161.74 -291.54 -251.29 Others 1,003.95 -840.81 -96.58 -184.21 67.03 -22.97 -10.16 192.15 54.84 76.50 Cash from Financing Activity -52.64 62.92 -238.59 -50.58 -38.15 -114.76 -118.59 -236.88 70.62 -261.65 Net Cash Inflow / Outflow -58.94 96.77 -83.81 86.61 12.43 80.37 -0.98 41.00 97.52 -347.13 Opening Cash & Equivalents 180.20 83.43 167.24 80.63 68.20 -12.17 -11.19 7.82 222.62 569.75 Closing Cash & Equivalent 121.26 180.20 83.43 167.24 80.63 68.20 -12.17 48.82 320.14 222.62

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Cash From Operating Activity 324.71 769.48 325.58 -115.42 533.59 334.58 252.58 310.75 321.30 86.77 PBT 409.97 275.19 374.53 411.44 422.04 437.59 467.10 318.96 389.34 481.40 Adjustment 18.28 114.66 60.48 108.65 13.84 81.50 94.22 179.90 90.60 73.88 Changes in Working Capital -0.54 473.43 21.83 -448.51 274.84 -26.69 -137.94 -48.08 43.61 -247.87 Cash after chg. in Working capital 427.71 863.28 456.84 71.58 710.72 492.40 423.38 450.78 523.55 307.41 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -103.00 -93.80 -131.26 -187.00 -177.13 -157.82 -170.80 -140.03 -202.25 -220.64 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -421.58 -635.68 -168.51 265.52 -531.09 -74.98 -145.79 79.62 -382.09 -498.44 Net Fixed Assets -11.98 -40.74 -16.72 67.15 -132.17 -101.81 -39.31 -46.62 -67.22 -117.82 Net Investments -1,092.14 506.39 14.90 371.40 -391.34 -26.21 -120.99 -161.74 -291.54 -251.29 Others 682.54 -1,101.33 -166.69 -173.03 -7.58 53.04 14.51 287.98 -23.33 -129.33 Cash from Financing Activity -20.58 77.24 -232.45 -65.37 -20.32 -125.58 -112.25 -351.23 190.51 34.54 Net Cash Inflow / Outflow -117.45 211.04 -75.38 84.73 -17.82 134.02 -5.46 39.14 129.72 -377.13 Opening Cash & Equivalents 418.81 199.00 245.89 160.70 153.98 44.31 31.09 77.05 321.12 698.25 Closing Cash & Equivalent 303.44 418.81 199.00 245.89 160.70 153.98 44.31 116.19 450.84 321.12

Financial Ratios

Consolidated /

Standalone

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Book Value (Rs.) 251.87 241.66 229.75 229.61 215.32 202.25 196.57 190.25 169.95 156.88 ROA 3.88% 3.02% 4.12% 4.88% 4.88% 3.19% 6.21% 6.82% 5.63% 8.64% ROE 6.83% 5.02% 7.82% 10.38% 9.58% 6.10% 12.91% 15.65% 12.99% 20.17% ROCE 8.69% 6.57% 11.61% 16.11% 14.82% 11.33% 17.78% 22.53% 20.79% 29.26% Fixed Asset Turnover 3.02 2.44 3.35 4.13 3.31 3.60 4.25 4.64 4.68 5.75 Receivable days 80.76 91.90 87.72 84.31 98.19 102.83 113.13 111.07 115.06 101.01 Inventory Days 28.01 29.19 31.53 26.94 24.70 21.38 22.13 21.85 19.20 18.52 Payable days 137.89 153.16 117.65 127.57 142.30 99.52 83.55 77.33 80.17 72.89 Cash Conversion Cycle -29.12 -32.06 1.59 -16.32 -19.40 24.69 51.72 55.59 54.09 46.63 Total Debt/Equity 0.06 0.05 0.03 0.06 0.05 0.03 0.04 0.05 0.09 0.01 Interest Cover 20.21 22.34 63.26 85.32 95.06 77.48 92.89 26.24 22.49 29.16

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Book Value (Rs.) 310.17 288.76 268.91 267.70 241.10 225.37 214.58 180.14 171.07 156.83 ROA 4.57% 3.40% 3.43% 5.26% 4.75% 5.63% 5.80% 2.46% 4.02% 6.29% ROE 9.26% 6.58% 7.03% 11.40% 9.76% 11.37% 14.17% 7.08% 11.25% 17.38% ROCE 11.73% 8.67% 11.96% 13.73% 15.47% 16.93% 17.60% 14.23% 16.81% 24.22% Fixed Asset Turnover 2.62 2.09 2.56 3.00 2.75 3.11 3.02 2.66 3.11 4.52 Receivable days 79.24 99.93 87.77 80.08 92.66 94.17 107.78 108.48 105.80 94.67 Inventory Days 33.70 32.73 30.58 26.74 26.44 22.81 25.00 28.31 25.96 22.41 Payable days 136.04 150.84 83.20 83.40 96.25 93.25 83.04 76.38 73.56 67.04 Cash Conversion Cycle -23.09 -18.18 35.15 23.41 22.85 23.73 49.74 60.41 58.20 50.04 Total Debt/Equity 0.10 0.10 0.08 0.08 0.09 0.05 0.08 0.32 0.37 0.23 Interest Cover 17.29 14.33 25.94 29.73 33.84 46.07 39.32 4.89 11.08 19.23

Top Investors:

kotak mahindra trustee co ltd a/c kotak manufacture in india fund

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Annual Reports:

News Update:

Thermax - Quarterly Results
2nd Aug 2022, 16:09 PM

Read More
Thermax executes shareholders agreement with EverEnviro
28th Jul 2022, 10:12 AM

Purpose of entering into the agreement to incorporate new company
Read More
Thermax to make investment in Covacsis Technologies
20th Jul 2022, 10:58 AM

The investment will result in the company holding up to 16.667% of the share capital of Covacsis
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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