Nifty
:
18726.40
Sensex
:
63142.96
127.40 (0.69%)
350.08 (0.56%)
Nifty
Sensex
:
:
18726.40
63142.96
127.40 (0.69%)
350.08 (0.56%)

Thermax Ltd.

Engineering - Industrial Equipments

Rating :
61/99

BSE: 500411 | NSE: THERMAX

NSE BSE
2328.95
07-Jun-2023
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 2308.15
  • 2355.00
  • 2290.00
  • 2308.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  38858
  •  902.05
  •  2679.00
  •  1830.65

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 27,510.81
  • 61.17
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 26,912.73
  • 0.43%
  • 7.12

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.98%
  • 0.22%
  • 3.84%
  • FII
  • DII
  • Others
  • 12.29%
  • 15.60%
  • 6.07%

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
  • 52.70
  • 63.33
  • 71.80

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.89
  • 5.06
  • 5.68

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 25.85
  • 29.24
  • 34.91

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Net Sales
2,310.82
1,991.92
16.01%
2,049.25
1,614.73
26.91%
2,075.26
1,469.32
41.24%
1,654.48
1,052.36
57.22%
Expenses
2,110.92
1,856.70
13.69%
1,888.17
1,501.63
25.74%
1,934.71
1,359.31
42.33%
1,558.45
989.32
57.53%
EBITDA
199.90
135.22
47.83%
161.08
113.10
42.42%
140.55
110.01
27.76%
96.03
63.04
52.33%
EBIDTM
8.65%
6.79%
7.86%
7.00%
6.77%
7.49%
5.80%
5.99%
Other Income
57.49
35.70
61.04%
42.32
29.17
45.08%
39.83
36.75
8.38%
20.54
25.39
-19.10%
Interest
13.92
10.08
38.10%
9.12
5.26
73.38%
7.98
5.05
58.02%
6.57
4.78
37.45%
Depreciation
29.44
29.46
-0.07%
29.07
28.97
0.35%
29.80
27.42
8.68%
28.55
27.39
4.24%
PBT
214.03
131.38
62.91%
165.21
108.04
52.92%
142.60
114.29
24.77%
81.45
56.26
44.77%
Tax
58.14
28.97
100.69%
38.55
28.59
34.84%
33.24
26.37
26.05%
22.43
13.86
61.83%
PAT
155.89
102.41
52.22%
126.66
79.45
59.42%
109.36
87.92
24.39%
59.02
42.40
39.20%
PATM
6.75%
5.14%
6.18%
4.92%
5.27%
5.98%
3.57%
4.03%
EPS
13.85
9.11
52.03%
11.21
7.06
58.78%
9.69
7.81
24.07%
5.24
3.77
38.99%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
8,089.81
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
32.01%
27.91%
-16.65%
-3.78%
33.80%
-0.41%
-12.86%
-3.01%
4.01%
-7.13%
 
Cost Of Goods Sold
4,624.68
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
3,465.13
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
42.83%
43.13%
47.02%
46.32%
44.15%
47.38%
49.49%
46.74%
45.97%
43.89%
39.62%
Total Expenditure
7,492.25
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
597.56
404.32
355.19
400.69
457.44
400.94
432.99
415.98
461.41
448.53
499.87
EBITDA Margin
7.39%
6.60%
7.41%
6.97%
7.66%
8.98%
9.66%
8.09%
8.70%
8.79%
9.10%
Other Income
160.18
144.06
107.74
105.49
149.88
116.39
114.05
122.41
123.04
71.57
85.01
Interest
37.59
25.17
20.64
15.02
14.32
12.85
9.71
12.19
81.95
38.61
26.41
Depreciation
116.86
113.24
114.57
116.63
92.02
82.44
81.90
59.10
134.12
92.15
77.07
PBT
603.29
409.97
327.72
374.53
500.98
422.04
455.43
467.10
368.38
389.34
481.40
Tax
152.36
97.79
68.61
162.08
84.94
165.75
155.99
143.94
170.83
169.59
177.34
Tax Rate
25.25%
23.85%
24.93%
43.28%
20.64%
39.27%
35.65%
30.82%
53.56%
43.56%
36.84%
PAT
450.93
312.18
206.58
212.45
326.50
257.30
288.47
323.16
209.77
245.99
320.13
PAT before Minority Interest
450.52
312.18
206.58
212.45
326.50
256.29
281.60
323.16
148.13
219.75
304.06
Minority Interest
-0.41
0.00
0.00
0.00
0.00
1.01
6.87
0.00
61.64
26.24
16.07
PAT Margin
5.57%
5.09%
4.31%
3.70%
5.47%
5.76%
6.43%
6.28%
3.95%
4.82%
5.83%
PAT Growth
44.45%
51.12%
-2.76%
-34.93%
26.89%
-10.81%
-10.73%
54.05%
-14.72%
-23.16%
 
EPS
37.83
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
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
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
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

Annual Reports:

FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014
FY 2013

News Update:


  • Thermax wins Rs 271.50 crore order
    28th Apr 2023, 15:38 PM

    The project is slated to be completed within a span of 16 months

    Read More
  • Thermax’s arm gets liquidated
    26th Apr 2023, 15:30 PM

    The winding up of this subsidiary will not affect any business/ accounting policies and will not have any significant impact on the financials etc.

    Read More
  • Thermax inks MoU with Fortescue Future Industries
    10th Mar 2023, 10:46 AM

    Under the MoU, Thermax and FFI plan to explore opportunities to jointly develop fully integrated green hydrogen projects in India

    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.