Thermax Limited banner

Thermax Limited
NSE:THERMAX

Watchlist Manager
Thermax Limited Logo
Thermax Limited
NSE:THERMAX
Watchlist
Price: 2 914.2 INR -1.21% Market Closed
Market Cap: ₹328.3B

Net Margin

6.6%
Current
Improving
by 0.2%
vs 3-y average of 6.4%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.6%
=
Net Income
₹6.8B
/
Revenue
₹103.4B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.6%
=
Net Income
₹6.8B
/
Revenue
₹103.4B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Thermax Limited
NSE:THERMAX
328.3B INR
Loading...
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR
Loading...
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY
Loading...
US
Parker-Hannifin Corp
NYSE:PH
121.8B USD
Loading...
JP
Freund Corp
TSE:6312
16.9T JPY
Loading...
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.7T JPY
Loading...
SE
Atlas Copco AB
STO:ATCO A
907.7B SEK
Loading...
US
Illinois Tool Works Inc
NYSE:ITW
84.9B USD
Loading...
US
Barnes Group Inc
NYSE:B
79.9B USD
Loading...
SE
Sandvik AB
STO:SAND
457.5B SEK
Loading...
CH
Schindler Holding AG
SIX:SCHP
33.6B CHF
Loading...

Market Distribution

In line with most companies in India
Percentile
54rd
Based on 5 531 companies
54rd percentile
6.6%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Thermax Limited
Glance View

In the bustling industrial landscape of India, Thermax Limited emerged as a beacon of innovation and efficiency, carving its niche in the realm of energy and environment solutions. Founded in 1966 by A.S. Bhathena, the company has transformed from a boiler manufacturer into a comprehensive solutions provider, driven by a vision to frame energy systems that reduce environmental impact. Operating from its headquarters in Pune, Thermax has become synonymous with sustainability. It offers a diverse portfolio ranging from heating, cooling, and power generation to water and waste management solutions, catering to a variety of industries such as steel, cement, textiles, and more. The company leverages its robust research and development arm and strategic collaborations to push the boundaries of technology, aiming to meet the growing demand for energy efficiency across the globe. Thermax’s financial lifeblood flows from its project-based engagements and product offerings. It specializes in creating tailor-made solutions that optimize resource consumption and mitigate environmental effects, resonating with businesses striving for operational efficiency and sustainability. Revenue streams are fortified by its manufacturing excellence and service network, which spans continents, ensuring that industrial giants from Asia to Africa and Europe can rely on its expertise. A significant portion of its income derives from long-term maintenance contracts and retrofitting projects that provide steady returns alongside diverse product sales. Thus, by consistently aligning its operations with global environmental standards and client-specific needs, Thermax not only fortifies its balance sheet but also cements its status as a pivotal player in the green industrial solutions market.

THERMAX Intrinsic Value
2 229.62 INR
Overvaluation 23%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
6.6%
=
Net Income
₹6.8B
/
Revenue
₹103.4B
What is Thermax Limited's current Net Margin?

The current Net Margin for Thermax Limited is 6.6%, which is above its 3-year median of 6.4%.

How has Net Margin changed over time?

Over the last 3 years, Thermax Limited’s Net Margin has increased from 5.1% to 6.6%. During this period, it reached a low of 5.1% on Dec 31, 2022 and a high of 7.5% on Sep 30, 2024.

Back to Top