THERMAX LTD. (THERMAX)

Current Price: ₹0.00

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Stock Performance

Quarterly Financials

Consolidated Standalone
Particulars Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 1,932.96 2,302.46 2,324.36 2,763.68 2,184.41 2,611.59 2,507.76 3,084.93 2,150.18 2,473.90 2,634.68 3,428.04
YOY Revenue Growth % 16.83% 10.95% 13.42% 19.6% 13.01% 13.43% 7.89% 11.62% -1.57% -5.27% 5.06% 11.12%
Other Income 53.06 65.86 58.40 55.25 84.09 59.77 31.51 76.85 65.63 85.41 62.73 53.71
Total Income 1,986.02 2,368.32 2,382.76 2,818.93 2,268.50 2,671.36 2,539.27 3,161.78 2,215.81 2,559.31 2,697.41 3,481.75
Total Expenses + 1,751.90 2,061.61 2,135.74 2,448.82 1,968.51 2,289.08 2,261.60 2,861.85 2,004.16 2,385.51 2,467.38 3,150.09
Cost of Materials Consumed 1,028.54 1,244.29 1,286.82 1,531.91 1,154.03 1,395.91 1,342.29 1,661.44 1,022.07 1,335.55 1,311.45 1,747.60
Employee Benefit Expense 255.77 284.28 292.00 316.24 291.34 322.90 322.68 332.02 329.02 340.50 360.22 391.46
Other Expenses 467.59 533.04 556.92 600.67 523.14 570.27 596.63 708.43 535.70 651.55 649.11 850.72
Operating Profit 181.06 240.85 188.62 314.86 215.90 322.51 246.16 223.08 146.02 88.39 167.30 277.95
OPM % 9.4% 10.5% 8.1% 11.4% 9.9% 12.3% 9.8% 7.2% 6.8% 3.6% 6.3% 8.1%
Profit Before Tax + 91.86 217.72 309.49 250.71 161.73 266.28 156.77 299.93 211.65 173.80 288.78 334.12
Tax Expense 31.91 59.12 72.43 63.13 52.31 68.28 43.04 94.38 60.20 54.40 83.77 89.72
Tax % 34.7% 27.2% 23.4% 25.2% 32.3% 25.6% 27.5% 31.5% 28.4% 31.3% 29% 26.9%
Profit After Tax 59.95 158.60 237.06 187.58 109.42 198.00 113.73 205.55 151.45 119.40 205.01 244.40
EPS (Basic) 5.23 14.00 21.17 16.90 10.28 17.49 10.29 18.27 13.53 10.62 18.12 21.68

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2018
Revenue from Operations 10,388.69 9,323.46 8,089.81 6,128.33 4,791.25 5,731.31 4,485.64
YOY Revenue Growth % 11.43% 15.25% 32.01% 27.91% -16.4% 27.77% -
Other Income 252.22 232.57 160.18 127.01 107.74 100.00 116.39
Total Income 10,640.91 9,556.03 8,249.99 6,255.34 4,898.99 5,831.31 4,602.03
Total Expenses + 9,756.20 8,398.07 7,310.27 5,727.93 4,364.86 5,235.58 4,036.71
Cost of Materials Consumed 5,553.67 5,091.56 4,442.70 3,506.01 2,467.43 2,996.14 2,301.35
Employee Benefit Expense 1,268.94 1,148.29 954.17 812.93 758.76 799.02 696.57
Other Expenses 2,398.47 2,158.22 1,913.40 1,408.99 1,138.67 1,440.42 1,038.79
Operating Profit 632.49 925.39 779.54 400.40 426.39 495.73 448.93
OPM % 6.1% 9.9% 9.6% 6.5% 8.9% 8.6% 10%
Profit Before Exceptional 884.71 794.29 603.29 409.97 327.72 374.53 422.04
Exceptional Items 0.00 75.49 0.00 0.00 -52.53 0.00 0.00
Profit Before Tax + 884.71 869.78 603.29 409.97 275.19 374.53 422.04
Tax Expense 258.01 226.59 152.59 97.66 68.61 162.08 190.94
Tax % 29.2% 26.1% 25.3% 23.8% 24.9% 43.3% 45.2%
Profit After Tax 626.70 643.19 450.70 312.31 206.58 212.45 231.10
EPS (Basic) 56.33 57.30 39.98 27.73 18.34 18.87 20.61

Balance Sheet

Particulars Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2018
ASSETS
Non-Current Assets + 4,716.04 3,704.93 2,758.45 0.00 0.00 0.00 0.00
Property, Plant & Equipment 2,615.19 1,874.49 1,215.95 0.00 0.00 0.00 0.00
Capital Work in Progress 560.84 519.35 433.77 0.00 0.00 0.00 0.00
Non-Current Investments 121.01 382.58 216.84 0.00 0.00 0.00 0.00
Goodwill 80.19 3.03 3.03 0.00 0.00 0.00 0.00
Other Intangible Assets 110.51 28.60 29.19 0.00 0.00 0.00 0.00
Current Assets + 7,312.88 6,448.08 6,072.26 0.00 0.00 0.00 0.00
Inventories 720.30 764.90 755.63 0.00 0.00 0.00 0.00
Trade Receivables 2,417.50 2,116.43 1,762.06 0.00 0.00 0.00 0.00
Cash and Cash Equivalents 417.68 486.58 452.82 0.00 0.00 0.00 0.00
Current Investments 1,000.00 1,000.00 1,000.00 0.00 0.00 0.00 0.00
LIABILITIES & EQUITY
Total Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Equity Share Capital 22.53 22.52 22.52 0.00 0.00 0.00 0.00
Other Equity 4,914.36 4,417.28 3,845.55 0.00 0.00 0.00 0.00
Non-Current Liabilities 1,460.35 987.86 559.20 0.00 0.00 0.00 0.00
Current Liabilities 5,635.09 4,725.35 4,409.19 0.00 0.00 0.00 0.00
Total Liabilities 7,095.44 5,713.21 4,968.39 0.00 0.00 0.00 0.00

Cash Flow Statement

Particulars Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2018
Cash from Operating Activities 1,042.79 247.30 459.56 324.71 0.00 0.00 0.00
Cash from Investing Activities -1,240.55 -509.21 -679.68 -421.58 0.00 0.00 0.00
Cash from Financing Activities 123.55 285.40 348.54 -20.58 0.00 0.00 0.00
Net Increase/Decrease in Cash -74.21 19.02 144.29 -115.37 0.00 0.00 0.00