NSE ScannerCapital Goods & Machinery · Industrial Machinery · NSE: THERMAX · data 2026-10-30
Thermax Limited.
In plain words
Price: 41.0% below its 52-week high of ₹5,277.8.
Delivery: 57.2% of traded shares were kept for delivery over the last 10 sessions, against 53.7% over the last 60.
Latest results: a net profit of ₹244 cr for the quarter ended Mar 2026.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹10,839 cr |
| Net profit (last 12 months) | ₹593 cr |
| Sales growth, 3 years (yearly) | 9.8% |
| Profit growth, 3 years (yearly) | 17.0% |
Latest results in brief (Q1 FY27)
THERMAX Q1 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹2,302.73 crore.
Net profit was ₹25.24 crore.
Operating margin was 3%.
EPS was ₹2.24.
THERMAX के Q1 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹2,302.73 करोड़।
शुद्ध मुनाफ़ा: ₹25.24 करोड़।
ऑपरेटिंग मार्जिन: 3%।
EPS: ₹2.24।
THERMAXના Q1 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹2,302.73 કરોડ.
ચોખ્ખો નફો: ₹25.24 કરોડ.
ઓપરેટિંગ માર્જિન: 3%.
EPS: ₹2.24.
Written from the filed numbers. Not a recommendation.
Smart-money activity
21/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 3/30: Delivery 53.2% over the last 20 sessions vs 54.6% in the 40 before (0.97x); shares delivered per day 1.12x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 13/15: 20 schemes hold it, about ₹2,233 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend ● Results
- 3 Jul 26Dividend Dividend ₹14 (ex-date) -3.7% next session
- 7 May 26Results Q4 FY26 results: net profit ₹244.3 cr +14.7% next session
- 31 Jul 25Results Q1 FY26 results: profit +31.6% YoY -1.5% next session
- 4 Jul 25Dividend Dividend ₹14 (ex-date) -1.1% next session
- 4 Feb 25Results Q3 FY25 results: net profit ₹115.9 cr -6.5% next session
- 13 Nov 24Results Q2 FY25 results: profit +24.9% YoY -2.1% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Mar 2026 | ₹3,428 cr | ₹244 cr | — | 10.9% | 21.68 |
| Jun 2025 | ₹2,150 cr | ₹152 cr | +31.6% | 10.5% | 13.53 |
| Dec 2024 | ₹2,508 cr | ₹116 cr | — | 7.5% | 10.29 |
| Sept 2024 | ₹2,612 cr | ₹197 cr | +24.9% | 10.6% | 17.49 |
Shareholding trend
| Holder | Mar 2026 |
|---|---|
| Promoters | 61.98% |
| Foreign institutions (FII) | 11.24% |
| Domestic institutions (DII) | 15.49% |
| Mutual funds | 13.75% |
| Retail investors | 4.58% |
| Number of shareholders | 89,964 |
Common questions
What was Thermax Limited.'s latest quarterly profit?
Thermax Limited. reported a net profit of ₹244 cr for the quarter ended Mar 2026, on revenue of ₹3,428 cr.
How much do promoters hold in Thermax Limited.?
Promoters held 61.98% of Thermax Limited. at the end of Mar 2026, with 0.00% of promoter shares pledged.
Is Thermax Limited. debt-free?
Its latest reported debt-to-equity ratio is 0.42.
What is Thermax Limited.'s P/E ratio?
About 59.1, based on the last 12 months' earnings and a price of ₹3,112.2 (data 2026-10-30).
What is the 52-week high and low of Thermax Limited.?
The 52-week high is ₹5,277.8 and the 52-week low is ₹2,742.7.
Mutual funds holding Thermax Limited.
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 20 schemes holding about ₹2,233 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Large Cap Fund | SBI Mutual Fund | 1.52% | ₹796 cr |
| SBI Focused Fund | SBI Mutual Fund | 1.35% | ₹677 cr |
| SBI Energy Opportunities Fund | SBI Mutual Fund | 3.76% | ₹300 cr |
| ADITYA BIRLA SUN LIFE MIDCAP FUND | Aditya Birla Sun Life Mutual Fund | 2.25% | ₹147 cr |
| ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND | Aditya Birla Sun Life Mutual Fund | 1.16% | ₹87 cr |
| SBI Midcap Fund | SBI Mutual Fund | 0.27% | ₹63 cr |
| SBI ESG Exclusionary Strategy Fund | SBI Mutual Fund | 1.26% | ₹63 cr |
| SBI RETIREMENT BENEFIT FUND - AGGRESSIVE PLAN | SBI Mutual Fund | 1.17% | ₹36 cr |
| SBI RETIREMENT BENEFIT FUND - AGGRESSIVE HYBRID PLAN | SBI Mutual Fund | 0.97% | ₹15 cr |
| ADITYA BIRLA SUN LIFE INFRASTRUCTURE FUND | Aditya Birla Sun Life Mutual Fund | 1.01% | ₹12 cr |
| Nippon India Nifty 500 Momentum 50 Index Fund | Nippon India Mutual Fund | 0.88% | ₹11 cr |
| ADITYA BIRLA SUN LIFE MANUFACTURING EQUITY FUND | Aditya Birla Sun Life Mutual Fund | 0.80% | ₹11 cr |
| ADITYA BIRLA SUN LIFE RETIREMENT FUND - THE 30S PLAN | Aditya Birla Sun Life Mutual Fund | 0.85% | ₹4 cr |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF | Mirae Asset Mutual Fund | 0.78% | ₹4 cr |
| Mirae Asset Nifty Energy ETF | Mirae Asset Mutual Fund | 0.83% | ₹2 cr |
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The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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