Thermax share news, announcements and annual reports
NSE: THERMAXBSE: 500411Electrical EquipmentMid Cap
Thermax Limited · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed May 1995 on BSE, Aug 1995 on NSE
Last close ₹3,112.20down ₹80.90 (2.53%)BSE ₹3,112.15
Share price at the NSE close on 30 Oct 2026. Previous close ₹3,193.10.
30 Oct: open ₹3,218.80, high ₹3,218.90, low ₹3,095.00
52-week range of traded prices to 30 Oct 2026
₹2,742.70Low, 8 Dec 2025₹5,277.80High, 29 Jun 2026
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹37,084 Cr212th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 62.50
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹61 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 69.69
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.68
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.64%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 11.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹61 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 10.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.41
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 98,68859.2% delivered
Thermax orders, deals and press releases
130 filed, newest first. Page 3 of 3.
Nov 2010
Oct 2010
Jul 2010
May 2010
Apr 2010
16 Apr · Business
Press release dated April 16, 2010, titled "Thermax bags Rs. 580 crore order for gas based power plant". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Mar 2010
10 Mar · Business
Press release dated March 10, 2010, titled "Thermax- Babcock & Wilcox Joint Venture for Supercritical Boilers; Offers higher efficiency of power generation in India's mega projects". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2010
24 Feb · Business
Press release dated February 24, 2010, titled "Thermax amicably resolves pending dispute: Settles trade secret litigations regarding its Ion Exchange Resin business in the US". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
30 Jan · Business
Press release dated January 30, 2010, titled "Thermax Q3 income at Rs.748.3 crore, Group order Backlog at Rs.5613 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2009
19 Nov · Business
Press release dated November 19, 2009, titled "Thermax wins Rs.477 crore order for captive power plant". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2009
30 Oct · Business
Press release dated October 30, 2009, titled "Thermax Q2 net Rs.54 crore; order book robust". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2009
17 Sep · Business
Press release dated September 17, 2009, titled "Thermax bags first IPP order worth Rs.1000 crore; To build a 270 MW turnkey power plant in Andhra Pradesh". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
26 Aug · Business
Thermax Ltd informed the Exchange regarding a press release dated August 26, 2009, titled "Thermax-SPX joint venture agreement signed; To focus on equipment and services for India's growing power sector". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Aug · Business
Thermax Ltd informed the Exchange regarding a press release dated August 05, 2009, titled "Thermax bags 20 million dollar overseas contract for air pollution control equipment". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
22 Jul · Business
Press release dated July 21, 2009, titled "Thermax signs technology agreements with two global leaders for advanced wastewater treatment". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.21 Jul · Business
Press release dated July 21, 2009, titled "Thermax Q1 net lower at Rs. 46 crore; order book shows gains". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2009
19 May · Business
Press release dated May 19, 2009 titled "Thermax announces Rs 287 crore net profit in tough market. Total income at Rs 3303 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
28 Jan · Business
Press release dated January 28, 2009 titled "Thermax Q3 net profit at Rs. 72 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
25 Oct · Business
Press release dated October 25, 2008, titled "Thermax Q2 Revenues up; Record Order Book". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2008
22 Jul · Business
Press release dated July 22, 2008, titled "Thermax Q1 net Rs. 64 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2008
21 May · Business
Press release dated May 21, 2008, titled "Thermax net up 50% at Rs. 281 crore; Total income crosses Rs.3200-crore mark". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
12 Feb · Business
Press release dated February 12, 2008, titled "Thermax signs license agreement with Babcock & Wilcox for utility boilers Targets further growth in power sector ". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
29 Jan · Business
At the meeting of the Board of Directors held on January 29, 2008 the following matter were approved :- (1) Appointment of Dr.R.A. Mashelkar, Independent Director as an Additional Director of the Company with immediate effect. Further the Company has submitted a copy of press release dated January 29, 2008, titled "Thermax Q3 Net Up 35%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
27 Oct · Business
Press release dated October 27, 2007, titled "Thermax Q2 Net Up 97%; Income Up 59% to Rs. 781 Crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Oct · Business
Press release dated October 18, 2007, titled "Thermax signs technology agreement with German Air Pollution Control leader Access to untapped domestic and overseas markets". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Oct · Business
Press release dated October 03, 2007, titled "Thermax targets growth in paper industry with new technology - Signs agreement with US chemical industry leader for India and SE Asia". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2007
25 Jul · Business
Press release dated July 25, 2007, titled "Thermax doubles net profit and income in Q1". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2007
13 Apr · Business
Company has announced expansion of its Operation & Maintenance (O & M) and Energy Audit business to cater to the rapidly growing market demand. Further the Company has submitted to the Exchange a copy of the press release dated April 10, 2007, titled "Thermax expands service businesses Operation & Maintenance (O&M) and Energy Audit on fast track". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2007
12 Feb · Business
February 09, 2007 that: "The Hon'ble High Court of Judicature at Bombay has passed Orders on 12th January, 2007 approving the Scheme of amalgamation of TCGL (Thermax Co-gen Ltd.), TEL (Thermax Electronics Ltd.) and WGL (Winman Gas Ltd.), with the Company. Pursuant to the Orders issued on 31st January, 2007, TCGL, TEL and WGL the wholly owned subsidiaries stood amalgamated with the Company in accordance with the Scheme of Amalgamation with effect the Appointed Date i.e. from 1st April, 2006. The Company has filed aforesaid Orders with the Registrar of Companies Pune/Mumbai today i.e. 9th February, 2007. Accordingly, the amalgamation Orders have come into effect from today".5 Feb · Business
Press release, titled "Thermax Q3 Net Up 88%". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.