Thermax Limited is an Indian-based company specialising in engineering and environment-related solutions that is based in Pune, India. Founded in 1966, the company focuses on energy-efficient technologies that can used in different industries. They possess products as well as service offerings in heating, cooling, power generation, water and wastewater treatment, waste management and air pollution control.
Thermax is a leading multinational company that operates in more than 90 countries around the world.
Thermax Limited Current Market Overview
- Today’s Open: 4318
- Today’s High: 4390
- Today’s Low: 4295.30
- Current Share Price: 4389.90
- Market Capital: 49.44K Cr
- P/E: 70.44
- Dividend Yield: 0.27%
- 52 Week High: 5839.95
- 52 Week Low: 2500.25
Thermax Limited Share Price Current Graph
Thermax Limited Share Price Target Tomorrow From 2024 To 2030
The following table shows the share target price for upcoming years which is based on market valuation, industrial trends, and expert predictions.
| S. No. | Share Price Target Years | Share Target Value |
|
|
2024 | 5985 |
|
|
2025 | 6850 |
|
|
2026 | 7849 |
|
|
2027 | 8992 |
|
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2028 | 9302 |
|
|
2029 | 10477 |
|
|
2030 | 11869 |
Shareholding Pattern For Thermax Limited
- Promoters: 61.98%
- Foreign Institutions: 15.14%
- Mutual Funds: 12.06%
- Retail And Others: 9.99%
- Other Domestic Institutions: 0.83%
Thermax Limited Annual Income Statement
The given chart shows the comparison between revenue and net income.
Here is detailed information regarding Thermax Limited’s annual income statement.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 93.23B | 15.25% (+) |
| Operating Expenses | 33.99B | 15.08% (+) |
| Net Income | 6.45B | 43.30% (+) |
| Net Profit Margin | 6.92 | 24.24% (+) |
| Earning Per Share | 62.24 | 55.68% (+) |
| EBITDA | 8.26B | 34.75% (+) |
| Effective Tax Rate | 25.98% | N/A |
Challenges For Thermax Limited Share Price
- Fluctuations in Global Energy Prices: Fluctuations in oil, gas, and coal prices can determine the demand for energy solutions. Where there’s a dip in revenue, it may be influenced by the availability of cheap energy solutions.
- Economic Slowdown: The downturn of industries lowers capital outlay and affects Thermax’s order book.
- Raw Material Price Volatility: Changes in the price of steel, copper, and other materials can affect the operations cost of production and consequently affect the margins.
- Regulatory Risks: The application of new environmental laws or changes in government policies might affect the demand for their solutions.
