Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Conglomerates

Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The company offers vapour absorption and hybrid chillers, triple effect chillers, chiller-heaters, heat pumps, heat pump chillers, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, and air-cooled heat exchangers; industrial refrigeration; and renewable energy solutions. It also provides biomass fired, fixed plate, spent wash fired, waste to energy, oil and gas fired, lean gas fired, waste heat recovery, and steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery. In addition, the company offers air pollution control, and water and waste solutions; chemicals, such as ion exchange resins, performance, construction, water treatment, oil field, and paper chemicals; and steam engineering solutions. Further, it operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services. It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries. The company was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Revenue projections:

Revenue projections for THERMAX
Revenue projections for THERMAX

THERMAX's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 55.461967
debtToEquity 35.784000
earningsGrowth 0.761000
revenueGrowth 0.051000
grossMargins 0.470210
operatingMargins 0.076500
trailingEps 60.500000
forwardEps 72.238690

THERMAX's high forward PE ratio signals potential overvaluation, limiting further price gains and increasing the risk of a correction. This metric should be carefully considered alongside other key fundamentals to assess the stock's future performance.
Thermax Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that Thermax Limited is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for THERMAX
Price projections for THERMAX

Thermax Limited's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.

Recommendation changes over time:

Recommendations trend for THERMAX
Recommendations trend for THERMAX


Analysts are favoring THERMAX with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider THERMAX as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.