Nifty
Sensex
:
:
8083.80
27590.95
-170.00 (-2.06%)
-674.36 (-2.39%)

Engineering - Industrial Equipments

Rating :
63/99

BSE: 500411 | NSE: THERMAX

715.40
03-Apr-2020
  • Open
  • High
  • Low
  • Previous Close
  •  744.35
  •  744.35
  •  701.00
  •  735.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  78687
  •  563.74
  •  1181.25
  •  570.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 8,535.17
  • 28.42
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 8,406.37
  • 0.98%
  • 2.77

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
  • 41.58
  • 45.84
  • 48.14

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.49
  • 4.50
  • 4.47

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 18.24
  • 20.47
  • 21.93

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 19
Dec 18
Var%
Sep 19
Sep 18
Var%
Jun 19
Jun 18
Var%
Mar 19
Mar 18
Var%
Net Sales
1,410.05
1,436.60
-1.85%
1,605.85
1,427.64
12.48%
1,392.45
1,035.26
34.50%
2,073.67
1,443.01
43.70%
Expenses
1,296.86
1,329.29
-2.44%
1,475.52
1,317.61
11.98%
1,293.36
965.94
33.90%
1,902.89
1,304.84
45.83%
EBITDA
113.19
107.31
5.48%
130.33
110.03
18.45%
99.09
69.32
42.95%
170.78
138.17
23.60%
EBIDTM
8.03%
7.47%
8.12%
7.71%
7.12%
6.70%
8.24%
9.58%
Other Income
25.75
31.34
-17.84%
21.99
35.57
-38.18%
21.56
31.02
-30.50%
51.95
44.95
15.57%
Interest
1.93
3.61
-46.54%
3.83
3.89
-1.54%
4.36
3.31
31.72%
3.51
3.69
-4.88%
Depreciation
31.57
22.95
37.56%
28.05
23.45
19.62%
26.24
20.96
25.19%
24.66
23.92
3.09%
PBT
105.44
24.58
328.97%
120.44
118.26
1.84%
90.05
76.07
18.38%
192.53
155.51
23.81%
Tax
20.48
-51.15
-
94.74
43.41
118.24%
27.29
27.40
-0.40%
65.28
62.61
4.26%
PAT
84.96
75.73
12.19%
25.70
74.85
-65.66%
62.76
48.67
28.95%
127.25
92.90
36.98%
PATM
6.03%
5.27%
1.60%
5.24%
4.51%
4.70%
6.14%
6.44%
EPS
7.55
6.66
13.36%
2.28
6.62
-65.56%
5.57
4.35
28.05%
11.27
6.72
67.71%

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
6,482.02
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
21.33%
33.78%
-0.41%
-12.86%
-3.01%
4.01%
-7.13%
-9.84%
14.95%
61.72%
 
Cost Of Goods Sold
3,667.63
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
2,814.39
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
43.42%
44.14%
47.38%
49.49%
46.74%
45.97%
43.89%
39.62%
36.90%
34.32%
38.06%
Total Expenditure
5,968.63
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
513.39
457.44
400.94
432.99
415.98
461.41
448.53
499.87
601.97
547.67
311.98
EBITDA Margin
7.92%
7.66%
8.98%
9.66%
8.09%
8.70%
8.79%
9.10%
9.88%
10.34%
9.52%
Other Income
121.25
149.88
116.39
114.05
122.41
123.04
71.57
85.01
82.95
94.61
145.59
Interest
13.63
14.32
12.85
9.71
12.19
81.95
38.61
26.41
22.20
14.68
12.98
Depreciation
110.52
92.02
82.44
81.90
59.10
134.12
92.15
77.07
66.25
54.16
44.20
PBT
508.46
500.98
422.04
455.43
467.10
368.38
389.34
481.40
596.47
573.44
400.39
Tax
207.79
84.94
165.75
155.99
143.94
170.83
169.59
177.34
204.33
196.50
141.63
Tax Rate
40.87%
20.64%
39.27%
35.65%
30.82%
53.56%
43.56%
36.84%
34.26%
34.27%
49.60%
PAT
300.67
326.50
257.30
288.47
323.16
209.77
245.99
320.13
403.52
381.63
144.31
PAT before Minority Interest
300.67
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
4.64%
5.47%
5.76%
6.43%
6.28%
3.95%
4.82%
5.83%
6.62%
7.20%
4.40%
PAT Growth
2.92%
26.89%
-10.81%
-10.73%
54.05%
-14.72%
-23.16%
-20.67%
5.74%
164.45%
 
Unadjusted EPS
26.67
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

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.