Nifty

:

24383.60

Sensex

:

78094.64

66.45 (0.27%)
166.49 (0.21%)

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Nifty
Sensex

:
:

24383.60
78094.64

66.45 (0.27%)
166.49 (0.21%)

Thermax Ltd.

Engineering - Industrial Equipments

Rating :

64/99

BSE: 500411 | NSE: THERMAX

Watchlist

NSE BSE

4306.00

31-Jul-2026

Open
High
Low
Previous Close

3892
4489
3566.5
4251.50

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

3745682
14751876121.5
5277.8
2742.7

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

51,530.33
86.84
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

52,627.68
0.46%
9.26

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

9.08
11.78
4.68

EBITDA CAGR (%)

10 Years
5 Years
3 Years

9.01
20.48
5.22

PAT CAGR (%)

10 Years
5 Years
3 Years

9.59
18.20
3.74

P:E (Median)

8 Years
5 Years
3 Years

66.00
69.57
70.39

P:BV (Average)

8 Years
5 Years
3 Years

6.84
8.48
9.63

EV:EBITDA (Average)

8 Years
5 Years
3 Years

34.22
40.18
41.83

Earnings Forecasts:

(Updated: 25-07-2026)

Description 2026 2027 2028 2029
Adj EPS 63 13 34.23 53.87
P/E Ratio 68.35 331.23 125.80 79.93
Revenue 67.01 50.66 47.35 10622.9
EBITDA 12549 14802.8 15671.9 933.49
Net Income 1261.52 1633.28 1763.88 611.99
ROA 831.37 1102.15 1193.06 5.19
P/B Ratio 15.34 295.74 58.51 9.18
ROE 9.21 8.07 7.02 11.76
FCFF 14.31 16.7 17.4 -48.19
FCFF Yield 494.92 469.16 824.89 -0.08
Net Debt 0.85 0.8 1.41 -996.08
BVPS 280.78 14.56 73.6 468.86

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 1,302.95 1,195.21 9.01% 2,225.85 1,941.50 14.65% 1,599.01 1,468.83 8.86% 1,504.60 1,523.10 -1.21%
Expenses 1,330.67 1,141.04 16.62% 1,980.88 1,729.30 14.55% 1,460.09 1,358.39 7.49% 1,398.60 1,396.10 0.18%
EBITDA -27.72 54.17 - 244.97 212.20 15.44% 138.92 110.44 25.79% 106.00 127.00 -16.54%
EBIDTM -2.13% 4.53% 11.01% 10.93% 8.69% 7.52% 7.05% 8.34%
Other Income 35.27 35.03 0.69% 32.96 55.65 -40.77% 38.70 40.87 -5.31% 178.05 37.48 375.05%
Interest 5.89 3.41 72.73% 7.97 8.77 -9.12% 8.49 8.49 0.00% 5.01 8.30 -39.64%
Depreciation 26.04 23.79 9.46% 20.38 15.61 30.56% 27.02 18.93 42.74% 25.63 20.31 26.19%
PBT -24.38 62.00 - 252.04 337.20 -25.26% 227.49 123.89 83.62% 253.41 135.87 86.51%
Tax -6.28 15.48 - 51.00 62.15 -17.94% 52.01 20.71 151.13% 27.49 27.94 -1.61%
PAT -18.10 46.52 - 201.04 275.05 -26.91% 175.48 103.18 70.07% 225.92 107.93 109.32%
PATM -1.39% 3.89% 9.03% 14.17% 10.97% 7.02% 15.02% 7.09%
EPS -1.52 3.90 - 16.87 23.07 -26.87% 14.72 8.66 69.98% 18.95 9.05 109.39%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 2,302.73 2,157.53 6.73% 3,428.04 3,046.40 12.53% 2,634.68 2,528.72 4.19% 2,473.90 2,615.69 -5.42%
Expenses 2,234.11 1,932.43 15.61% 3,053.73 2,746.73 11.18% 2,379.86 2,339.73 1.72% 2,301.87 2,337.72 -1.53%
EBITDA 68.62 225.10 -69.52% 374.31 299.67 24.91% 254.82 188.99 34.83% 172.03 277.97 -38.11%
EBIDTM 2.98% 10.43% 10.92% 9.84% 9.67% 7.47% 6.95% 10.63%
Other Income 68.19 65.63 3.90% 53.71 76.85 -30.11% 62.73 31.51 99.08% 85.41 59.77 42.90%
Interest 35.15 30.20 16.39% 42.35 31.25 35.52% 34.24 28.66 19.47% 32.17 29.39 9.46%
Depreciation 59.52 48.88 21.77% 54.01 45.34 19.12% 53.28 35.07 51.92% 51.47 42.07 22.34%
PBT 42.14 211.65 -80.09% 334.12 299.93 11.40% 288.78 156.77 84.21% 173.80 266.28 -34.73%
Tax 20.35 60.02 -66.09% 89.73 95.09 -5.64% 83.66 42.54 96.66% 54.27 68.25 -20.48%
PAT 21.79 151.63 -85.63% 244.39 204.84 19.31% 205.12 114.23 79.57% 119.53 198.03 -39.64%
PATM 0.95% 7.03% 7.13% 6.72% 7.79% 4.52% 4.83% 7.57%
EPS 2.24 13.53 -83.44% 21.68 18.26 18.73% 18.13 10.29 76.19% 10.62 17.49 -39.28%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 6,632.41 6,518.26 6,244.53 5,821.93 5,141.16 4,015.39 3,131.48 3,234.74 3,541.10 2,727.42 3,763.65 Net Sales Growth 8.22% 4.38% 7.26% 13.24% 28.04% 28.23% -3.19% -8.65% 29.83% -27.53% Cost Of Goods Sold 3,671.75 3,556.99 3,496.80 3,287.84 2,979.01 2,404.32 1,720.45 1,847.11 2,206.02 1,540.07 2,060.48 Gross Profit 2,960.66 2,961.27 2,747.73 2,534.09 2,162.15 1,611.07 1,411.03 1,387.63 1,335.08 1,187.35 1,703.17 GP Margin 44.64% 45.43% 44.00% 43.53% 42.06% 40.12% 45.06% 42.90% 37.70% 43.53% 45.25% Total Expenditure 6,170.24 6,079.05 5,722.48 5,343.55 4,760.48 3,803.48 2,913.50 3,021.26 3,290.38 2,488.35 3,389.86 Power & Fuel Cost - 52.65 48.23 43.77 46.24 39.03 27.03 30.40 32.42 25.75 28.02 % Of Sales - 0.81% 0.77% 0.75% 0.90% 0.97% 0.86% 0.94% 0.92% 0.94% 0.74% Employee Cost - 837.55 750.69 683.61 564.40 477.81 453.79 430.94 393.34 357.05 458.92 % Of Sales - 12.85% 12.02% 11.74% 10.98% 11.90% 14.49% 13.32% 11.11% 13.09% 12.19% Manufacturing Exp. - 1,018.23 943.52 903.75 790.60 550.59 452.80 407.59 381.25 344.23 459.29 % Of Sales - 15.62% 15.11% 15.52% 15.38% 13.71% 14.46% 12.60% 10.77% 12.62% 12.20% General & Admin Exp. - 197.49 177.65 173.60 158.95 132.87 100.93 135.07 123.72 113.46 143.01 % Of Sales - 3.03% 2.84% 2.98% 3.09% 3.31% 3.22% 4.18% 3.49% 4.16% 3.80% Selling & Distn. Exp. - 206.92 188.15 177.43 150.48 158.45 98.43 101.25 94.74 74.07 131.61 % Of Sales - 3.17% 3.01% 3.05% 2.93% 3.95% 3.14% 3.13% 2.68% 2.72% 3.50% Miscellaneous Exp. - 209.22 117.44 73.55 70.80 40.41 60.07 68.90 58.89 33.72 131.61 % Of Sales - 3.21% 1.88% 1.26% 1.38% 1.01% 1.92% 2.13% 1.66% 1.24% 2.88% EBITDA 462.17 439.21 522.05 478.38 380.68 211.91 217.98 213.48 250.72 239.07 373.79 EBITDA Margin 6.97% 6.74% 8.36% 8.22% 7.40% 5.28% 6.96% 6.60% 7.08% 8.77% 9.93% Other Income 284.98 389.87 202.53 196.18 136.34 138.67 140.53 104.40 122.80 99.36 102.65 Interest 27.36 24.87 31.53 23.84 19.58 13.33 8.57 5.23 5.26 4.02 3.59 Depreciation 99.07 97.19 73.64 72.74 73.15 67.19 63.99 62.61 50.13 49.37 65.43 PBT 708.56 707.02 619.41 577.98 424.29 270.06 285.95 250.04 318.13 285.04 407.42 Tax 124.22 145.95 141.00 142.62 102.23 55.27 41.90 73.76 109.26 98.90 129.75 Tax Rate 17.53% 18.36% 19.77% 24.59% 23.69% 21.58% 22.91% 31.37% 40.42% 38.03% 47.25% PAT 584.34 648.91 572.14 437.44 329.26 200.79 141.02 161.39 161.02 161.14 144.83 PAT before Minority Interest 584.34 648.91 572.14 437.44 329.26 200.79 141.02 161.39 161.02 161.14 144.83 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 8.81% 9.96% 9.16% 7.51% 6.40% 5.00% 4.50% 4.99% 4.55% 5.91% 3.85% PAT Growth 9.70% 13.42% 30.79% 32.86% 63.98% 42.38% -12.62% 0.23% -0.07% 11.26% EPS 49.02 54.44 48.00 36.70 27.62 16.84 11.83 13.54 13.51 13.52 12.15

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 10,839.35 10,694.15 10,369.26 9,323.46 8,089.81 6,128.33 4,791.25 5,748.25 5,974.10 4,464.88 4,483.08 Net Sales Growth 4.74% 3.13% 11.22% 15.25% 32.01% 27.91% -16.65% -3.78% 33.80% -0.41% Cost Of Goods Sold 5,712.42 5,559.61 5,794.07 5,219.56 4,624.68 3,485.04 2,538.63 3,085.69 3,336.66 2,349.34 2,264.32 Gross Profit 5,126.93 5,134.54 4,575.19 4,103.90 3,465.13 2,643.29 2,252.62 2,662.56 2,637.44 2,115.54 2,218.76 GP Margin 47.30% 48.01% 44.12% 44.02% 42.83% 43.13% 47.02% 46.32% 44.15% 47.38% 49.49% Total Expenditure 9,969.57 9,667.89 9,461.48 8,527.70 7,492.25 5,724.01 4,436.06 5,347.56 5,516.66 4,063.94 4,050.09 Power & Fuel Cost - 68.13 57.16 57.28 61.96 52.31 38.59 44.36 51.02 40.11 33.34 % Of Sales - 0.64% 0.55% 0.61% 0.77% 0.85% 0.81% 0.77% 0.85% 0.90% 0.74% Employee Cost - 1,421.20 1,268.94 1,148.29 955.30 812.93 758.76 799.02 767.45 680.50 686.40 % Of Sales - 13.29% 12.24% 12.32% 11.81% 13.27% 15.84% 13.90% 12.85% 15.24% 15.31% Manufacturing Exp. - 1,717.68 1,506.17 1,365.94 1,197.76 848.77 684.36 799.20 822.71 557.61 615.02 % Of Sales - 16.06% 14.53% 14.65% 14.81% 13.85% 14.28% 13.90% 13.77% 12.49% 13.72% General & Admin Exp. - 391.20 343.13 326.82 278.47 215.82 157.66 236.60 221.01 189.71 182.59 % Of Sales - 3.66% 3.31% 3.51% 3.44% 3.52% 3.29% 4.12% 3.70% 4.25% 4.07% Selling & Distn. Exp. - 359.75 327.23 291.03 273.70 247.30 185.79 255.27 189.01 153.02 142.36 % Of Sales - 3.36% 3.16% 3.12% 3.38% 4.04% 3.88% 4.44% 3.16% 3.43% 3.18% Miscellaneous Exp. - 150.32 164.78 118.78 100.38 61.84 72.27 127.42 128.80 93.65 142.36 % Of Sales - 1.41% 1.59% 1.27% 1.24% 1.01% 1.51% 2.22% 2.16% 2.10% 2.81% EBITDA 869.78 1,026.26 907.78 795.76 597.56 404.32 355.19 400.69 457.44 400.94 432.99 EBITDA Margin 8.02% 9.60% 8.75% 8.54% 7.39% 6.60% 7.41% 6.97% 7.66% 8.98% 9.66% Other Income 270.04 267.48 252.22 234.20 160.18 144.06 107.74 105.49 149.88 116.39 114.05 Interest 143.91 138.96 116.78 87.59 37.59 25.17 20.64 15.02 14.32 12.85 9.71 Depreciation 218.28 207.64 158.51 148.08 116.86 113.24 114.57 116.63 92.02 82.44 81.90 PBT 838.84 947.14 884.71 794.29 603.29 409.97 327.72 374.53 500.98 422.04 455.43 Tax 248.01 287.68 257.77 225.77 152.36 97.79 68.61 162.08 84.94 165.75 155.99 Tax Rate 29.57% 28.53% 29.14% 25.96% 25.25% 23.85% 24.93% 43.28% 20.64% 39.27% 35.65% PAT 590.83 720.50 634.47 645.28 450.29 312.31 206.58 212.45 325.43 232.11 288.47 PAT before Minority Interest 593.59 720.26 626.70 643.19 450.70 312.31 206.58 212.45 325.43 231.10 281.60 Minority Interest 2.76 0.24 7.77 2.09 -0.41 0.00 0.00 0.00 0.00 1.01 6.87 PAT Margin 5.45% 6.74% 6.12% 6.92% 5.57% 5.10% 4.31% 3.70% 5.45% 5.20% 6.43% PAT Growth -11.65% 13.56% -1.68% 43.30% 44.18% 51.18% -2.76% -34.72% 40.21% -19.54% EPS 49.57 60.44 53.23 54.13 37.78 26.20 17.33 17.82 27.30 19.47 24.20

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 4,427.09 3,967.76 3,536.70 3,217.76 3,001.00 2,879.38 2,737.49 2,735.85 2,565.56 2,409.76 Share Capital 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 23.83 Total Reserves 4,395.08 3,938.02 3,506.90 3,191.41 2,977.17 2,855.55 2,713.66 2,712.02 2,541.73 2,385.93 Non-Current Liabilities -23.45 17.37 21.78 13.18 55.59 62.95 31.91 9.25 -33.91 -34.52 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 25.00 25.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 31.53 26.82 26.15 24.08 18.06 11.79 11.13 7.49 9.84 9.74 Current Liabilities 3,069.83 2,838.38 3,136.40 2,872.51 2,320.24 2,036.86 1,600.06 1,766.39 2,739.31 2,116.63 Trade Payables 1,420.84 1,101.56 1,072.83 1,038.08 975.34 841.26 602.59 798.94 943.12 924.51 Other Current Liabilities 1,358.69 1,378.38 1,541.43 1,484.36 1,015.98 925.91 826.67 845.30 1,520.60 981.10 Short Term Borrowings 100.16 59.51 307.80 220.00 180.00 140.75 72.38 40.00 116.49 66.22 Short Term Provisions 190.14 298.93 214.34 130.07 148.92 128.94 98.42 82.15 159.10 144.80 Total Liabilities 7,473.47 6,823.51 6,694.88 6,103.45 5,376.83 4,979.19 4,369.46 4,511.49 5,270.96 4,491.87 Net Block 1,020.30 976.77 749.51 713.80 746.10 770.68 748.08 712.88 671.48 554.63 Gross Block 1,837.71 1,714.72 1,424.85 1,339.69 1,338.84 1,318.47 1,245.67 1,170.59 1,259.19 1,090.24 Accumulated Depreciation 817.41 737.95 675.34 625.89 592.74 547.79 497.59 457.71 587.71 535.61 Non Current Assets 3,605.99 2,778.39 2,649.44 2,193.21 2,659.44 1,894.82 2,046.39 1,762.48 1,699.53 1,631.64 Capital Work in Progress 69.98 82.71 111.61 44.91 14.97 23.36 55.42 29.17 92.33 129.11 Non Current Investment 2,069.53 1,410.09 1,427.46 1,086.01 1,460.95 788.17 772.36 767.48 639.29 639.73 Long Term Loans & Adv. 257.47 143.33 346.38 328.68 411.31 312.04 469.70 216.26 255.62 266.33 Other Non Current Assets 188.71 165.49 14.48 19.81 26.11 0.57 0.83 36.69 40.81 41.84 Current Assets 3,867.48 4,035.12 4,045.44 3,903.71 2,717.39 3,084.37 2,323.07 2,618.35 3,571.43 2,860.23 Current Investments 711.65 1,295.40 965.79 1,183.88 534.30 114.94 637.14 656.92 1,156.51 764.73 Inventories 481.55 379.30 397.33 390.78 370.35 245.94 255.01 230.44 298.30 228.65 Sundry Debtors 1,524.25 1,407.92 1,501.64 1,210.22 953.37 823.52 753.36 836.90 1,139.30 955.37 Cash & Bank 178.41 120.30 346.76 408.48 441.57 1,386.78 230.12 118.76 119.35 70.93 Other Current Assets 971.62 90.83 57.90 58.06 417.80 513.19 447.44 775.33 857.97 840.55 Short Term Loans & Adv. 851.81 741.37 776.02 652.29 343.23 442.63 376.49 686.06 769.71 725.68 Net Current Assets 797.65 1,196.74 909.04 1,031.20 397.15 1,047.51 723.01 851.96 832.12 743.60 Total Assets 7,473.47 6,813.51 6,694.88 6,096.92 5,376.83 4,979.19 4,369.46 4,380.83 5,270.96 4,491.87

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 5,549.97 4,936.89 4,439.80 3,868.07 3,492.49 3,251.39 3,027.90 3,014.29 2,714.74 2,537.62 Share Capital 22.53 22.53 22.52 22.52 22.52 22.52 22.52 22.52 22.52 22.52 Total Reserves 5,519.20 4,908.39 4,411.31 3,843.03 3,469.97 3,228.87 3,005.38 2,991.77 2,692.22 2,515.10 Non-Current Liabilities 1,707.86 1,305.97 879.31 450.58 80.34 23.79 -14.21 -90.08 43.37 40.89 Secured Loans 1,590.83 1,136.37 789.48 422.52 61.42 22.16 33.39 35.07 53.01 46.02 Unsecured Loans 25.00 25.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 47.71 40.38 42.43 38.40 32.41 25.86 20.97 16.06 10.01 10.16 Current Liabilities 5,820.36 5,009.16 4,725.35 4,409.19 3,758.07 3,070.65 2,786.84 3,653.81 3,078.74 2,365.23 Trade Payables 2,057.38 1,692.88 1,532.89 1,497.86 1,459.76 1,138.01 960.24 1,370.65 1,038.60 1,004.19 Other Current Liabilities 2,801.43 2,367.27 2,432.90 2,319.87 1,791.87 1,429.49 1,467.76 1,942.04 1,688.49 1,109.16 Short Term Borrowings 604.63 483.71 413.19 363.31 276.25 282.90 178.15 185.00 164.24 85.27 Short Term Provisions 356.92 465.30 346.37 228.15 230.19 220.25 180.69 156.12 187.41 166.61 Total Liabilities 13,107.41 11,257.71 10,044.46 8,729.99 7,330.90 6,345.83 5,800.53 6,578.02 5,836.85 4,945.13 Net Block 3,047.58 2,805.89 1,906.12 1,248.17 1,194.74 1,242.04 1,282.98 1,311.86 972.68 810.73 Gross Block 4,703.33 4,268.47 3,228.38 2,469.47 2,351.78 2,328.06 2,255.44 2,236.29 1,741.27 1,515.42 Accumulated Depreciation 1,655.75 1,462.58 1,322.26 1,221.30 1,157.04 1,086.02 972.46 924.43 768.59 704.69 Non Current Assets 5,998.61 4,561.66 3,596.38 2,649.83 2,593.11 1,879.37 1,823.25 1,840.90 1,735.29 1,647.77 Capital Work in Progress 1,441.83 562.58 524.79 433.77 44.32 24.16 56.00 40.12 103.37 141.30 Non Current Investment 506.78 130.72 401.63 233.21 709.99 119.21 59.13 54.28 254.65 283.97 Long Term Loans & Adv. 373.71 367.81 538.40 555.56 475.37 373.36 326.55 291.93 320.72 329.11 Other Non Current Assets 628.71 694.66 225.44 179.12 168.69 120.60 98.59 142.71 83.87 82.66 Current Assets 7,108.80 6,686.95 6,448.08 6,072.26 4,737.79 4,466.46 3,977.28 4,737.12 4,101.56 3,297.36 Current Investments 1,276.74 1,567.92 1,363.46 1,392.87 766.54 115.25 816.07 775.06 1,217.08 799.07 Inventories 909.50 716.55 764.90 755.63 727.01 404.74 454.56 508.62 366.62 283.25 Sundry Debtors 2,204.84 2,003.01 2,116.43 1,762.06 1,423.72 1,237.10 1,386.33 1,378.13 1,243.21 1,034.24 Cash & Bank 1,190.66 1,147.04 975.32 1,131.58 953.50 1,939.20 481.49 369.06 293.99 220.99 Other Current Assets 1,527.06 160.76 106.22 102.41 867.02 770.17 838.83 1,706.25 980.66 959.81 Short Term Loans & Adv. 1,344.01 1,091.67 1,121.75 927.71 727.27 648.16 718.50 1,566.47 874.02 835.57 Net Current Assets 1,288.44 1,677.79 1,722.73 1,663.07 979.72 1,395.81 1,190.44 1,083.31 1,022.82 932.13 Total Assets 13,107.41 11,248.61 10,044.46 8,722.09 7,330.90 6,345.83 5,800.53 6,578.02 5,836.85 4,945.13

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 416.48 373.17 90.79 418.68 93.87 409.01 253.18 -117.15 507.06 346.12 PBT 794.86 713.14 580.06 431.49 256.06 182.92 325.64 443.50 378.11 274.58 Adjustment -212.94 -99.06 -14.88 12.56 -18.74 72.78 36.59 48.95 30.27 187.83 Changes in Working Capital 16.91 -175.16 -351.30 95.03 -61.75 235.75 3.40 -436.81 252.54 17.68 Cash after chg. in Working capital 598.83 438.92 213.88 539.08 175.57 491.45 365.63 55.64 660.92 480.09 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -182.35 -65.75 -123.09 -120.40 -81.70 -82.44 -112.45 -172.79 -153.86 -133.97 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 -287.39 -125.94 103.39 -337.63 -100.17 -375.16 -98.40 254.34 -456.48 -150.99 Net Fixed Assets -110.26 -260.97 -151.86 -30.79 -11.98 -40.74 -101.33 151.76 -132.17 -101.81 Net Investments -75.69 -312.24 -123.36 -274.64 -1,092.14 506.39 14.90 371.40 -391.34 -26.21 Others -101.44 447.27 378.61 -32.20 1,003.95 -840.81 -11.97 -268.82 67.03 -22.97 Cash from Financing Activity -146.00 -393.80 -51.38 -81.49 -52.64 62.92 -238.59 -50.58 -38.15 -114.76 Net Cash Inflow / Outflow -16.91 -146.57 142.80 -0.44 -58.94 96.77 -83.81 86.61 12.43 80.37 Opening Cash & Equivalents 117.05 263.62 120.82 121.26 180.20 83.43 167.24 80.63 68.20 -12.17 Closing Cash & Equivalent 100.14 117.05 263.62 120.82 121.26 180.20 83.43 167.24 80.63 68.20

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 541.55 1,079.79 247.30 459.56 324.71 769.48 325.58 -115.42 533.59 334.58 PBT 1,007.94 884.47 869.78 603.29 409.97 275.19 374.53 411.44 422.04 437.59 Adjustment 111.55 249.33 39.80 70.31 18.28 114.66 60.48 108.65 13.84 81.50 Changes in Working Capital -228.45 131.72 -475.95 -62.80 -0.54 473.43 21.83 -448.51 274.84 -26.69 Cash after chg. in Working capital 891.04 1,265.52 433.63 610.80 427.71 863.28 456.84 71.58 710.72 492.40 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -349.49 -185.73 -186.33 -151.24 -103.00 -93.80 -131.26 -187.00 -177.13 -157.82 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 -587.06 -1,271.99 -509.21 -679.68 -421.58 -635.68 -168.51 265.52 -531.09 -74.98 Net Fixed Assets -110.26 -260.97 -151.86 -30.79 -11.98 -40.74 -101.33 151.76 -132.17 -101.81 Net Investments -75.69 -312.24 -123.36 -274.64 -1,092.14 506.39 14.90 371.40 -391.34 -26.21 Others -401.11 -698.78 -233.99 -374.25 682.54 -1,101.33 -82.08 -257.64 -7.58 53.04 Cash from Financing Activity 247.63 122.52 285.40 348.54 -20.58 77.24 -232.45 -65.37 -20.32 -125.58 Net Cash Inflow / Outflow 202.12 -69.68 23.49 128.42 -117.45 211.04 -75.38 84.73 -17.82 134.02 Opening Cash & Equivalents 411.84 466.75 447.73 303.44 418.81 199.00 245.89 160.70 153.98 44.31 Closing Cash & Equivalent 636.20 411.84 466.75 447.73 303.44 418.81 199.00 245.89 160.70 153.98

Financial Ratios

Consolidated /

Standalone

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 370.87 332.51 296.33 269.85 251.87 241.66 229.75 229.61 215.32 202.25 ROA 9.08% 8.46% 6.84% 5.74% 3.88% 3.02% 4.12% 4.88% 4.88% 3.19% ROE 15.49% 15.27% 12.97% 10.59% 6.83% 5.02% 7.82% 10.38% 9.58% 6.10% ROCE 19.05% 18.86% 16.59% 13.63% 8.69% 6.57% 11.61% 16.11% 14.82% 11.33% Fixed Asset Turnover 3.67 3.98 4.21 3.84 3.02 2.44 3.35 4.13 3.31 3.60 Receivable days 82.10 85.03 85.01 76.80 80.76 91.90 87.72 84.31 98.19 102.83 Inventory Days 24.10 22.70 24.70 27.02 28.01 29.19 31.53 26.94 24.70 21.38 Payable days 129.42 113.48 117.17 123.35 137.89 153.16 117.65 127.57 142.30 99.52 Cash Conversion Cycle -23.22 -5.75 -7.46 -19.52 -29.12 -32.06 1.59 -16.32 -19.40 24.69 Total Debt/Equity 0.03 0.02 0.09 0.07 0.06 0.05 0.03 0.06 0.05 0.03 Interest Cover 32.96 23.62 25.33 23.04 20.21 22.34 63.26 85.32 95.06 77.48

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 491.94 437.72 393.77 343.30 310.17 288.76 268.91 267.70 241.10 225.37 ROA 5.91% 5.88% 6.85% 5.61% 4.57% 3.40% 3.43% 5.26% 4.75% 5.63% ROE 13.76% 13.38% 15.50% 12.25% 9.26% 6.58% 7.03% 11.40% 9.76% 11.37% ROCE 15.85% 16.25% 18.44% 15.03% 11.74% 8.67% 11.96% 13.73% 15.47% 16.93% Fixed Asset Turnover 2.38 2.77 3.27 3.36 2.62 2.09 2.56 3.00 2.75 3.11 Receivable days 71.81 72.50 75.92 71.87 79.24 99.93 87.77 80.08 92.66 94.17 Inventory Days 27.75 26.07 29.76 33.45 33.70 32.73 30.58 26.74 26.44 22.81 Payable days 123.11 101.60 105.97 116.71 136.04 150.84 83.20 83.40 96.25 93.25 Cash Conversion Cycle -23.55 -3.03 -0.29 -11.40 -23.09 -18.18 35.15 23.41 22.85 23.73 Total Debt/Equity 0.41 0.34 0.28 0.21 0.10 0.10 0.08 0.08 0.09 0.05 Interest Cover 8.25 8.57 10.92 17.04 17.29 14.33 25.94 29.73 33.84 46.07

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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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