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THERMAX - Thermax Share Price

₹718.35 -0.2  -0.0%

Last Trade - 01/10/20

Sector
Industrials
Size
Mid Cap
Market Cap £851.5m
Enterprise Value £692.3m
Revenue £526.7m
Position in Universe 259th / 3013
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -5.03%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -38.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
53,044 52,656 45,897 44,856 59,732 57,313 49,310 57,307 +1.6%
-5.2 +48.4 -16.0 -20.5 +129.2 -48.0 -18.8 +48.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Thermax Limited revenues decreased 52% to RS6.65B. Net loss totaled RS152.7M vs. income of RS627.6M. Revenues reflect Energy segment decrease of 57% to RS5B, Environment segment decrease of 43% to RS838.6M. Net loss reflects Depreciation and amortisation expense increase of 7% to RS280.2M (expense), Other Income decrease of 3% to RS209.2M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
THERMAX EPS Forecasts Unlock THERMAX Revenue
Profile Summary

Thermax Limited is engaged in the business of manufacture and sale of boilers, heating and cooling equipment, industrial chemicals, and water and waste management equipment. The Company also undertakes turnkey contracts for power plants, and provides operation and maintenance services for the same. The Company operates through two segments: Energy and Environment. The energy segment includes products, such as boilers and heaters, absorption chillers/heat pumps, power plants, solar equipments, and related services. The Environment segment includes products, such as air pollution control equipment/systems, water and waste recycle pant, ion exchange resins and performance chemicals, and related services. Its products include air pollution control products; chemicals; steam accessories; engineering, procurement and construction (EPC) power plants, and absorption cooling products. The Company caters to both domestic and international markets.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated June 30, 1980
Public Since February 15, 1995
No. of Shareholders: 34,306
No. of Employees: 3,325
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange National Stock Exchange of India
Shares in Issue 112,614,860
Free Float (0.0%)
Eligible for
ISAs
SIPPs
THERMAX Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for THERMAX
Upcoming Events for THERMAX
Frequently Asked Questions for Thermax
What is the Thermax share price?

As of 01/10/20, shares in Thermax are trading at ₹718.35, giving the company a market capitalisation of £851.5m. This share price information is delayed by 15 minutes.

How has the Thermax share price performed this year?

Shares in Thermax are currently trading at ₹718.35 and the price has moved by -36.99% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Thermax price has moved by -36.85% over the past year.

What are the analyst and broker recommendations for Thermax?

Of the analysts with advisory recommendations for Thermax, there are there are currently 1 "buy" , 8 "hold" and 3 "sell" recommendations. The overall consensus recommendation for Thermax is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will Thermax next release its financial results?

Thermax is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Thermax dividend yield?

The Thermax dividend yield is 0.97% based on the trailing twelve month period.

Does Thermax pay a dividend?

Last year, Thermax paid a total dividend of 7, and it currently has a trailing dividend yield of 0.97%. Looking ahead, Thermax has not announced an ex-dividend date yet.

When does Thermax next pay dividends?

Thermax has yet to annouce their ex-dividend date. The historic dividend yield on Thermax shares is currently 0.97%.

How do I buy Thermax shares?

To buy shares in Thermax you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Thermax?

Shares in Thermax are currently trading at ₹718.35, giving the company a market capitalisation of £851.5m.

Where are Thermax shares listed? Where are Thermax shares listed?

Here are the trading details for Thermax:

Country of listing: India
Exchange: NSI
Ticker Symbol: THERMAX
What kind of share is Thermax?

Based on an overall assessment of its quality, value and momentum, Thermax is currently classified as a Falling Star. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Thermax share price forecast 2020?

Shares in Thermax are currently priced at ₹718.35. At that level they are trading at 1.74% discount to the analyst consensus target price of 0.00.

Analysts covering Thermax currently have a consensus Earnings Per Share (EPS) forecast of 19.404 for the next financial year.

How can I tell whether the Thermax share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Thermax. Over the past six months, the relative strength of its shares against the market has been -21.78%. At the current price of ₹718.35, shares in Thermax are trading at -13.18% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Thermax PE Ratio?

The Thermax PE ratio based on its reported earnings over the past 12 months is 41.15. The shares are currently trading at ₹718.35.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Thermax?

Thermax's management team is headed by:

Meher Pudumjee - NEC
Pheroz Pudumjee - NED
Nawshir Mirza - NID
Sharad Gangal - EVP
Hemant Mohgaonkar - EVP
Pravin Karve - EVP
R.R. Sonde - EVP
Harsh Mariwala - NID
Rajani Kesari - NID
Ashish Bhandari - CEO
B C Mahesh - EVP
Rajendran Arunachalam - CFO
Prosenjit Sengupta - EVP
Bill Shukla - EVP
Shekhar Kashalikar - SVP
Who are the major shareholders of Thermax?

Here are the top five shareholders of Thermax based on the size of their shareholding:

RDA Holding & Trading Pvt. Ltd. Corporation
Percentage owned: 57.12% (64.3m shares)
ARA Trusteeship Company Pvt. Ltd. Corporation
Percentage owned: 8.45% (9.52m shares)
Nalanda India Equity Fund Ltd. Corporation
Percentage owned: 6.62% (7.46m shares)
Kotak Mahindra Asset Management Company Ltd. Investment Advisor
Percentage owned: 6.47% (7.29m shares)
SBI Funds Management Pvt. Ltd. Investment Advisor
Percentage owned: 3.26% (3.67m shares)
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