Thermax's recent order inflow surge bodes well for its growth potential. With an emphasis on green energy projects, the company appears poised to significantly contribute to future earnings.
Thermax Limited
THERMAXPrice History
Recent Discussions
Goldman Sachs maintains a pessimistic outlook towards Thermax, recommending investors to hold off due to a projected price of INR 3,490.
HDFC Securities continues to recommend Thermax as a buy, setting a price target of INR 5,300. Investors might consider this stock a worthwhile investment opportunity.
Thermax Limited has announced an annual dividend of INR 14 per share, with the ex-dividend and record dates set for July 3, 2026. Investors who own shares before this date will be eligible to receive the dividend.
Thermax, Sonata Software, and Thyrocare experienced a rally in their stock prices following the release of impressive Q4 financial results. The shares gained substantially due to strong earnings reports, indicating increased profitability for these companies.
Pharmaceutical stocks are surging today, with increased demand for shares in companies like Thermax, Thyrocare, and Vijaya Diagnostics. However, Lupin's stock is down despite reporting positive results, while Britannia experiences a drop due to weak earnings. Sterlite Tech, on the other hand, is seeing an uptick.
Thermax reported a significant 13% increase in standalone sales for March 2026 compared to the same month last year, reaching INR 2,225.85 crore. This substantial growth contrasts with their sales of INR 1,971.65 crore from March 2025, signaling strong progress for the company.
Thermax shares experienced a notable surge of 9%, reaching ₹4,550, following impressive Q4 results for FY26. The stock has seen a robust increase of 38% over the past month, driven by a 12.5% year-on-year growth in revenue to ₹3,428 crores and a 18% year-on-year increase in profit after tax to ₹244 crores. Furthermore, order inflows displayed an impressive leap of 112%.
PNC Infratech has been awarded an EPC (Engineering, Procurement, and Construction) project by the Lucknow Development Authority worth INR 194.4 crores. This development comes as other companies like Dabur, Thermax, Cochin Shipyard, and BSE update their Q4 reports.
Thermax, along with companies like Biocon, Coforge, Hexaware, and others, experienced a notable surge in trade today. Similarly, Aurobindo Pharma and Lenskart have shown impressive performance, according to CNBC TV18.
Thermax has announced a generous final dividend of ₹14 per share, offering shareholders a potentially significant payout.
On May 8, 2026, Thermax Ltd. experienced a significant increase in share price, driven by robust institutional investment. Notable trading volume marked heightened market activity for the company.
Strong demand in the industrial sector has propelled a 19% increase in Thermax's Q4 profits, primarily due to heightened interest in their heating solutions offerings.
Thermax's Q4 net profit saw a 19% increase year-on-year, reaching INR 2.44 billion. The company also reported an 11% revenue growth to INR 34.28 billion, suggesting sustained earnings growth.
Thermax and Sonata Software saw impressive gains of over 9% and 5% respectively, following strong financial results. Conversely, AB Lifestyle Brands and Shakti Pumps experienced losses of approximately 5% each due to less favorable earnings reports.
Thermax reports a boost in Q4 profits due to strong performances in industrial products and infrastructure sectors. Notably, the company has secured a Rs. 1,600 crore order for boilers, while its FY26 order book sees an enhancement with new green projects.
Thermax has reported a net profit of ₹244.3 crore for Q4, surpassing estimates, with revenue reaching ₹3,428 crore. The EBITDA of ₹374.3 crore and margin of 10.9% also beat expectations, suggesting strong performance.
Thermax's shares experienced a significant 12% rise following impressive Q4 results that outperformed expectations. However, analysts have flagged concerns about the company's high valuation and suggested potential price targets that could indicate further price drops in the future.
Thermax partners with Ankur Scientific to construct India's first Green Methanol plant, contributing to the nation's green energy objectives. Meghmani Organics has received approval for Nano Fertiliser production, while Afcons and Dynacons secure significant infrastructure contracts.
Thermax, Meghmani Organics, Afcons Infrastructure, and Dynacons are set to be the key companies under watch today in the stock market. Investors might want to keep a close eye on their performance throughout the trading day.
Thermax has announced a substantial $21 million deal, according to the CEO's disclosure. Details regarding the deal's projected revenue and optimistic outlook have been shared as well.
Thermax Ltd. recently experienced a significant block trade on the NSE, with approximately 105,536 shares exchanging hands at a price of INR 3,320.50 per share, totaling about INR 35.04 crores. This indicates substantial investor interest in the company.
Thermax Ltd has officially taken control of Exactspace, securing a 51% ownership and thereby making it a subsidiary company. This move, confirmed on April 9, 2026, is an extension of agreements established earlier in February 2026.
Thermax has been penalized with a Rs 1.52 crore customs duty and IGST fine due to the 2020 fire at their Dahej SEZ facility. The company intends to appeal against this penalty, which was issued by Ahmedabad Customs on April 1, 2026.
Thermax Limited incurs a Rs 3.14 crore GST penalty due to misclassification of goods during fiscal years 2019-20 to 2022-23. The company has announced its intention to challenge this order.