Nifty
Sensex
:
:
12138.80
41135.70
83.00 (0.69%)
168.84 (0.41%)

Engineering - Industrial Equipments

Rating :
63/99

BSE: 500411 | NSE: THERMAX

1069.75
28-Jan-2020
  • Open
  • High
  • Low
  • Previous Close
  •  1098.95
  •  1115.00
  •  1065.00
  •  1090.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  241786
  •  2625.61
  •  1198.00
  •  927.40

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 12,721.13
  • 43.81
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 12,592.33
  • 0.66%
  • 4.24

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.98%
  • 0.53%
  • 5.12%
  • FII
  • DII
  • Others
  • 7.63%
  • 17.56%
  • 7.18%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.19
  • 2.40
  • 10.04

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.90
  • -0.17
  • 1.10

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.51
  • 9.25
  • 4.21

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 41.45
  • 48.10
  • 48.15

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.51
  • 4.62
  • 4.52

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 18.04
  • 20.86
  • 22.06

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 19
Sep 18
Var%
Jun 19
Jun 18
Var%
Mar 19
Mar 18
Var%
Dec 18
Dec 17
Var%
Net Sales
1,605.85
1,427.64
12.48%
1,392.45
1,035.26
34.50%
2,073.67
1,443.01
43.70%
1,436.60
1,116.96
28.62%
Expenses
1,475.52
1,317.61
11.98%
1,293.36
965.94
33.90%
1,902.89
1,304.84
45.83%
1,329.29
1,021.50
30.13%
EBITDA
130.33
110.03
18.45%
99.09
69.32
42.95%
170.78
138.17
23.60%
107.31
95.46
12.41%
EBIDTM
8.12%
7.71%
7.12%
6.70%
8.24%
9.58%
7.47%
8.55%
Other Income
21.99
35.57
-38.18%
21.56
31.02
-30.50%
51.95
44.95
15.57%
31.34
23.84
31.46%
Interest
3.83
3.89
-1.54%
4.36
3.31
31.72%
3.51
3.69
-4.88%
3.61
2.48
45.56%
Depreciation
28.05
23.45
19.62%
26.24
20.96
25.19%
24.66
23.92
3.09%
22.95
20.75
10.60%
PBT
120.44
118.26
1.84%
90.05
76.07
18.38%
192.53
155.51
23.81%
24.58
96.07
-74.41%
Tax
94.74
43.41
118.24%
27.29
27.40
-0.40%
65.28
62.61
4.26%
-51.15
37.77
-
PAT
25.70
74.85
-65.66%
62.76
48.67
28.95%
127.25
92.90
36.98%
75.73
58.30
29.90%
PATM
1.60%
5.24%
4.51%
4.70%
6.14%
6.44%
5.27%
5.22%
EPS
2.28
6.62
-65.56%
5.57
4.35
28.05%
11.27
6.72
67.71%
6.66
5.20
28.08%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Net Sales
6,508.57
5,973.17
4,464.88
4,483.08
5,144.96
5,304.41
5,099.88
5,491.70
6,091.21
5,299.01
3,276.60
Net Sales Growth
29.58%
33.78%
-0.41%
-12.86%
-3.01%
4.01%
-7.13%
-9.84%
14.95%
61.72%
 
Cost Of Goods Sold
3,670.38
3,336.66
2,349.34
2,264.32
2,740.36
2,865.83
2,861.64
3,315.73
3,843.50
3,480.33
2,029.49
Gross Profit
2,838.19
2,636.51
2,115.54
2,218.76
2,404.60
2,438.58
2,238.24
2,175.97
2,247.71
1,818.68
1,247.11
GP Margin
43.61%
44.14%
47.38%
49.49%
46.74%
45.97%
43.89%
39.62%
36.90%
34.32%
38.06%
Total Expenditure
6,001.06
5,515.73
4,063.94
4,050.09
4,728.98
4,843.00
4,651.35
4,991.83
5,489.24
4,751.34
2,964.62
Power & Fuel Cost
-
51.02
40.11
33.34
32.46
38.59
39.24
34.64
32.90
28.08
18.97
% Of Sales
-
0.85%
0.90%
0.74%
0.63%
0.73%
0.77%
0.63%
0.54%
0.53%
0.58%
Employee Cost
-
767.45
680.50
686.40
659.74
706.13
701.86
612.18
557.80
454.66
327.67
% Of Sales
-
12.85%
15.24%
15.31%
12.82%
13.31%
13.76%
11.15%
9.16%
8.58%
10.00%
Manufacturing Exp.
-
822.71
557.61
615.02
767.78
701.54
558.94
586.53
577.14
432.35
287.38
% Of Sales
-
13.77%
12.49%
13.72%
14.92%
13.23%
10.96%
10.68%
9.47%
8.16%
8.77%
General & Admin Exp.
-
221.01
189.71
182.59
186.46
209.14
170.64
163.93
150.73
126.75
129.05
% Of Sales
-
3.70%
4.25%
4.07%
3.62%
3.94%
3.35%
2.99%
2.47%
2.39%
3.94%
Selling & Distn. Exp.
-
189.01
153.02
142.36
142.10
187.02
176.28
175.48
226.77
177.60
101.84
% Of Sales
-
3.16%
3.43%
3.18%
2.76%
3.53%
3.46%
3.20%
3.72%
3.35%
3.11%
Miscellaneous Exp.
-
127.87
93.65
126.06
200.08
134.75
142.75
103.34
100.40
51.57
101.84
% Of Sales
-
2.14%
2.10%
2.81%
3.89%
2.54%
2.80%
1.88%
1.65%
0.97%
2.14%
EBITDA
507.51
457.44
400.94
432.99
415.98
461.41
448.53
499.87
601.97
547.67
311.98
EBITDA Margin
7.80%
7.66%
8.98%
9.66%
8.09%
8.70%
8.79%
9.10%
9.88%
10.34%
9.52%
Other Income
126.84
149.88
116.39
114.05
122.41
123.04
71.57
85.01
82.95
94.61
145.59
Interest
15.31
14.32
12.85
9.71
12.19
81.95
38.61
26.41
22.20
14.68
12.98
Depreciation
101.90
92.02
82.44
81.90
59.10
134.12
92.15
77.07
66.25
54.16
44.20
PBT
427.60
500.98
422.04
455.43
467.10
368.38
389.34
481.40
596.47
573.44
400.39
Tax
136.16
84.94
165.75
155.99
143.94
170.83
169.59
177.34
204.33
196.50
141.63
Tax Rate
31.84%
20.64%
39.27%
35.65%
30.82%
53.56%
43.56%
36.84%
34.26%
34.27%
49.60%
PAT
291.44
326.50
257.30
288.47
323.16
209.77
245.99
320.13
403.52
381.63
144.31
PAT before Minority Interest
291.44
326.50
256.29
281.60
323.16
148.13
219.75
304.06
392.14
376.94
143.90
Minority Interest
0.00
0.00
1.01
6.87
0.00
61.64
26.24
16.07
11.38
4.69
0.41
PAT Margin
4.48%
5.47%
5.76%
6.43%
6.28%
3.95%
4.82%
5.83%
6.62%
7.20%
4.40%
PAT Growth
6.09%
26.89%
-10.81%
-10.73%
54.05%
-14.72%
-23.16%
-20.67%
5.74%
164.45%
 
Unadjusted EPS
25.78
28.90
20.61
19.80
25.07
17.60
20.64
26.87
33.86
32.03
12.11

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Shareholder's Funds
3,014.29
2,714.74
2,537.62
2,416.16
2,146.41
2,038.30
1,868.68
1,629.36
1,314.89
1,078.21
Share Capital
22.52
22.52
22.52
22.52
23.83
23.83
23.83
23.83
23.83
23.83
Total Reserves
2,991.77
2,692.22
2,515.10
2,393.64
2,122.58
2,014.47
1,844.85
1,605.53
1,291.06
1,054.38
Non-Current Liabilities
-90.08
43.37
40.89
29.17
580.24
764.80
476.94
174.03
168.99
22.35
Secured Loans
35.07
53.01
46.02
33.06
493.70
516.15
382.92
87.60
84.91
7.96
Unsecured Loans
0.00
0.00
0.00
1.17
0.54
0.50
0.30
0.00
0.00
0.00
Long Term Provisions
16.06
10.01
10.16
5.57
8.85
2.46
1.30
0.18
0.16
0.00
Current Liabilities
3,653.81
3,078.74
2,365.23
2,615.29
3,274.14
2,999.36
2,531.64
2,757.89
2,563.41
2,239.41
Trade Payables
1,370.65
1,038.60
1,004.19
947.61
1,062.70
931.89
972.30
968.96
892.82
795.08
Other Current Liabilities
1,942.04
1,688.49
1,109.16
1,334.14
1,716.43
1,581.08
1,241.67
1,334.21
1,329.43
1,336.56
Short Term Borrowings
185.00
164.24
85.27
137.94
127.47
222.06
37.73
182.79
63.11
0.00
Short Term Provisions
156.12
187.41
166.61
195.60
367.54
264.33
279.94
271.93
278.05
107.77
Total Liabilities
6,578.02
5,836.85
4,945.13
5,060.62
6,078.80
5,942.11
4,987.53
4,672.92
4,099.26
3,349.35
Net Block
1,311.86
972.68
810.73
827.31
1,431.41
1,526.54
872.69
844.09
785.33
536.91
Gross Block
2,236.29
1,741.27
1,515.42
1,437.85
2,051.24
2,044.88
1,296.24
1,192.88
1,067.79
741.75
Accumulated Depreciation
834.89
768.59
704.69
610.54
619.83
518.34
423.55
348.79
282.46
204.84
Non Current Assets
1,840.90
1,735.29
1,647.77
1,450.62
1,893.53
1,816.65
1,678.30
1,266.58
1,034.37
558.43
Capital Work in Progress
40.12
103.37
141.30
60.01
42.92
53.70
517.45
246.57
35.44
11.47
Non Current Investment
54.28
254.65
283.97
184.65
0.10
0.03
0.03
0.03
11.50
10.05
Long Term Loans & Adv.
291.93
320.72
329.11
212.53
286.49
145.89
211.15
119.90
99.85
0.00
Other Non Current Assets
142.71
83.87
82.66
166.12
132.61
90.49
76.98
55.99
102.25
0.00
Current Assets
4,737.12
4,101.56
3,297.36
3,610.00
4,185.27
4,125.46
3,309.23
3,406.34
3,064.89
2,790.88
Current Investments
775.06
1,217.08
799.07
865.16
821.66
707.86
442.96
239.50
229.96
360.28
Inventories
508.62
366.62
283.25
290.32
430.97
415.77
323.95
366.61
365.67
256.34
Sundry Debtors
1,378.13
1,243.21
1,034.24
1,334.09
1,775.74
1,468.49
1,546.74
1,370.68
1,020.87
1,116.49
Cash & Bank
369.06
293.99
220.99
297.64
384.36
450.84
321.12
698.25
688.04
670.21
Other Current Assets
1,706.25
645.77
703.72
608.62
772.54
1,082.50
674.46
731.30
760.35
387.56
Short Term Loans & Adv.
445.58
334.89
256.09
214.17
217.78
363.32
199.00
263.96
300.30
320.29
Net Current Assets
1,083.31
1,022.82
932.13
994.71
911.13
1,126.10
777.59
648.45
501.48
551.47
Total Assets
6,578.02
5,836.85
4,945.13
5,060.62
6,078.80
5,942.11
4,987.53
4,672.92
4,099.26
3,349.35

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Cash From Operating Activity
-115.42
533.59
334.58
252.58
310.75
321.30
86.77
261.39
73.14
631.81
PBT
411.44
422.04
437.59
467.10
318.96
389.34
481.40
596.47
573.44
400.39
Adjustment
108.65
13.84
81.50
94.22
179.90
90.60
73.88
40.68
-0.76
22.68
Changes in Working Capital
-448.51
274.84
-26.69
-137.94
-48.08
43.61
-247.87
-197.39
-152.20
370.88
Cash after chg. in Working capital
71.58
710.72
492.40
423.38
450.78
523.55
307.41
439.76
420.48
793.95
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-187.00
-177.13
-157.82
-170.80
-140.03
-202.25
-220.64
-178.37
-191.63
-143.85
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
-155.71
-18.29
Cash From Investing Activity
265.52
-531.09
-74.98
-145.79
79.62
-382.09
-498.44
-233.56
-112.66
-262.67
Net Fixed Assets
67.15
-132.17
-101.81
-39.31
-46.62
-67.22
-117.82
-99.71
-47.25
-79.07
Net Investments
371.40
-391.34
-26.21
-120.99
-161.74
-291.54
-251.29
-148.33
-26.20
-201.71
Others
-173.03
-7.58
53.04
14.51
287.98
-23.33
-129.33
14.48
-39.21
18.11
Cash from Financing Activity
-65.37
-20.32
-125.58
-112.25
-351.23
190.51
34.54
-17.62
40.00
-68.54
Net Cash Inflow / Outflow
84.73
-17.82
134.02
-5.46
39.14
129.72
-377.13
10.21
0.48
300.60
Opening Cash & Equivalents
160.70
153.98
44.31
31.09
77.05
321.12
698.25
688.04
670.21
369.61
Closing Cash & Equivalent
245.89
160.70
153.98
44.31
116.19
450.84
321.12
698.25
688.04
670.21

Financial Ratios

Consolidated /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Book Value (Rs.)
267.70
241.10
225.37
214.58
180.14
171.07
156.83
136.75
110.36
90.49
ROA
5.26%
4.75%
5.63%
5.80%
2.46%
4.02%
6.29%
8.94%
10.12%
5.02%
ROE
11.40%
9.76%
11.37%
14.17%
7.08%
11.25%
17.38%
26.64%
31.50%
13.91%
ROCE
13.73%
15.47%
16.93%
17.60%
14.23%
16.81%
24.22%
36.77%
46.14%
28.68%
Fixed Asset Turnover
3.00
2.75
3.11
3.02
2.66
3.11
4.52
5.51
6.02
4.78
Receivable days
80.09
92.66
94.17
107.78
108.48
105.80
94.67
70.06
71.65
105.25
Inventory Days
26.74
26.44
22.81
25.00
28.31
25.96
22.41
21.45
20.85
29.21
Payable days
83.40
96.25
93.25
83.04
76.38
73.56
67.04
57.90
62.82
76.48
Cash Conversion Cycle
23.43
22.85
23.73
49.74
60.41
58.20
50.04
33.61
29.69
57.98
Total Debt/Equity
0.08
0.09
0.05
0.08
0.32
0.37
0.23
0.17
0.11
0.01
Interest Cover
29.73
33.84
46.07
39.32
4.89
11.08
19.23
27.87
40.06
23.00

News Update:


  • Thermax wins order worth Rs 431 crore for setting up two FGD systems
    31st Dec 2019, 14:01 PM

    The company has concluded an order to set up two FGD systems at their thermal power plant in the state of Jharkhand

    Read More
  • Thermax - Quarterly Results
    13th Nov 2019, 16:33 PM

    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.