Thermax share news and announcements
NSE: THERMAXBSE: 500411Electrical EquipmentMid Cap
Last close ₹3,096.00down ₹65.30 (2.07%)BSE ₹3,095.60
Share price at the NSE close on 23 Oct 2026. Previous close ₹3,161.30.
52-week range of traded prices to 23 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.
- 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.
- ₹36,891 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. The filing of 30 Jul 2026
- 62.2
- 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.
- 69.3
- 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. The filing of 7 May 2026
- 6.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.65%
- 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. The filing of 30 Jul 2026
- 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. The filing of 30 Jul 2026
- 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. The filing of 7 May 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.
- 1,76,73957.6% delivered
Thermax share news and announcements
816 announcements, routine notices left out, newest first. Page 16 of 17.
Oct 2008
6 Oct · Updates
Company has won a Rs. 450 crore order for setting up a captive power plant. The 60 MW power plant will be built and commissioned on a turnkey basis for a green field integrated steel complex in Andhra Pradesh. The plant will use process gases and blended coal as fuel. The further details of the same 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 2008
12 Sep · Updates
Commercial production has begun at the manufacturing plant of Thermax (Zhejiang) Cooling and Heating Engineering Company Limited, the Company's wholly-owned subsidiary, in China.
Aug 2008
26 Aug · Meeting
Minutes of the Annual General Meeting of the members of the Company held on July 22, 2008. A copy of the same 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.4 Aug · Updates
Company has received an order of Rs 415 crore, from a leading steel making company, for setting up a captive power plant for their upcoming Blast Furnace Complex on an EPC basis. The captive power plant will use the waste gas from the furnace to produce power. This order is a part of the 4.2 MTPA Steel capacity expansion of the customer. Thermax scope includes design, engineering, manufacture, supply, erection and commissioning of captive power plant with blast furnace gas fired boilers, steam turbine generators and balance of plant.
Jul 2008
23 Jul · Updates
Presentation of the Chairperson at the AGM held on July 22, 2008. A copy of the same available at the Company's website www.thermaxindia.com. A copy of same is also 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.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.22 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 71697.37 lacs for quarter ending on 30-JUN-2008 against Rs. 65805 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 6370.91 lacs for the quarter ending on 30-JUN-2008 against Rs. 5601 lacs for the quarter ending on 30-JUN-2007.22 Jul · Results
Consolidated Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 77249.42 lacs for quarter ending on 30-JUN-2008 against Rs. 70472 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 5842.22 lacs for the quarter ending on 30-JUN-2008 against Rs. 5563 lacs for the quarter ending on 30-JUN-2007.21 Jul · Results
The Special Resolution as setout in the Notice of Postal Ballot dated June 02, 2008 has been approved by the shareholders with requisite majority by the voting conducted through Postal Ballot. The above said Special Resolution amending the Objects Clause of the Memorandum of Association of the Company by inserting a new sub-clause 68 after the existing sub-clause 67, was circulated pursuant to Section 192A of the Companies Act, 1956. The result of the voting is given below: Particulars: Numbers of valid Postal Ballot forms received. Numbers of votes: 1,665. Particulars: Votes cast in favour of the resolution. Number of votes: 848,78,463.Particulars: Votes cast against the resolution: Number of votes: 3,186. Particulars: Number of invalid Postal Ballot forms received. Number of votes: 7216 Jul · Updates
The Company has received an order from a major refinery, to supply Pulverised Coal Fired Boilers for their Captive Cogeneration Plant. The refinery is currently implementing significant capacity expansion slated to process upto 35 Million TPA of crude. The refinery's Captive Cogeneration Plant will consist of 4 x 750 TPH (total 2400 MWt output) Pulverised Coal Fired Boilers to be manufactured by the Company under technology licence from Babcock & Wilcox Power Generation Group, Inc., USA. The high-pressure steam will generate 390MW of electricity and the balance energy produced will be used for process heating within the refinery, Indonesian coal will be used as fuel to fire these boilers. The order is valued at approx. Rs 820 crore (USD 200 million), which is the single largest order received by the Company till date4 Jul · Board meeting
To inter alia consider and approve the unaudited financial results for the quarter ended June 30, 2008, subject to 'Limited Review'.
Jun 2008
24 Jun · Corporate action
Register of Members and Share Transfer Books of the Company will remain closed for the period from July 14, 2008 to July 22, 2008 (both days inclusive) for the purpose of Dividend and Annual General Meeting.17 Jun · Change in Corporate Office
The Corporate Office of the Company is shifting to a new premises w.e.f. June 17, 2008, address of which is given below : Old Address : Thermax House, 4, Mumbai-Pune Road, Shivajinagar, Pune-411005 ; New Address is Thermax House, 14, Mumbai-Pune Road, Wakdewadi, Pune-41100310 Jun · Meeting
Pursuant to section 192A of the companies act 1956(the act),read with the companies(Passing of Resolution by Postal Ballot) Rules ,2001 (the rules),that the following resolution relating to the insertion of a new object clause require the approval of the shareholders and it is proposed to be passed by Postal Ballot by way of a Special Resolution. Special Resolution under section 17 of the Companies act, 1956 to amend clause III(C) of the Objects Clause of the Memorandum of Association of the Company by inserting a new sub clause 68 after the existing sub clause 67 and under Section 149(2A) of the Companies Act,1956 for commencement of business under sub-clause 68 of Clause III (C) of the Memorandum of Association of the Company. The Company has appointed Mr. S.V. Deulkar, Practicing Company Secretary as Scrutinizer and Mr. Sridhar G.Mudaliar, Practicing Company Secretary, as alternate Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before the close of the working hours on July 11,2008.The result will be announced by the Chairperson or any other Director of the Company on Saturday, July 19, 2008.A copy of the notice of Postal Ballot 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
27 May · Receipt of Order
The Company has signed a protocol of agreement for an export order, for supply of Heat Recovery Steam Generator (HRSG). This order shall be executed for an oil field company to enhance the oil recovery through steam injection in their existing oil wells. The order value is about 14.2 million and would be an important milestone in the Company's export business, in the European market, in terms of territorial reach and future opportunities21 May · Results
Standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 92211 lacs for quarter ending on 31-MAR-2008 against Rs. 80443 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 8053 lacs for the quarter ending on 31-MAR-2008 against Rs. 6973 lacs for the quarter ending on 31-MAR-2007.21 May · Results
Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 320417 lacs for year ending on 31-MAR-2008 against Rs. 213683 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 28078 lacs for the year ending on 31-MAR-2008 against Rs. 18780 lacs for the year ending on 31-MAR-2007.21 May · Results
Consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 348152 lacs for year ending on 31-MAR-2008 against Rs. 228967 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 29072 lacs for the year ending on 31-MAR-2008 against Rs. 19372 lacs for the year ending on 31-MAR-2007.21 May · Management
Auditor's report in respect of the audited financial results for the year ended March 31, 2008. A copy of the same 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 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.21 May · Meeting
Outcome of the meeting of the Board of Directors held on May 21, 2008 details of which are as under: (1) Dividend has been recommended for the financial year 2007-2008 Rs.8/- per share (400 percent %), subject to approval of the shareholders at the Annual General Meeting. (2) The Annual General Meeting of the Company will be held on July 22, 2008.
Apr 2008
30 Apr · Board meeting
To inter alia approve the audited financial results for the year ended March 31, 2008 and recommend dividend.15 Apr · Results
The Company intends to publish the audited results for the year ended March 31, 2008 within a period of three months of the close of the accounting year i.e. latest by June 30, 2008 thereby dispensing with publishing unaudited results for the last quarter.1 Apr · Management
Mr. Ravi Venkatesan, Independent Director of the Company has expressed his desire to step down as a Member of the Board of the Company, owing to his commitments and busy schedule at his present full-time employment. The Company has acceded to his request. Consequently, Mr. Venkatesan ceases to be a Director of the Company effective from the close of business hours of March 31, 2008
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.29 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 84543 lacs for quarter ending on 31-DEC-2007 against Rs. 54403 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 7503 lacs for the quarter ending on 31-DEC-2007 against Rs. 5545 lacs for the quarter ending on 31-DEC-2006.10 Jan · Board meeting
Meeting on 29 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Dec 2007
6 Dec · Change in contact details
"Effective November 30, 2007, our BSNL telephone numbers have been changed, as stated below: Head Office - Thermax House: 1) Board line: Old Number: 25512122; New Number: 25542122; 2) DID: Old Number: 25512263; New Number: 25542263; 3) Fax: Old Numbers: 25511226, 25512242; New Numbers: 25541226, 25542242". The Company has further informed the Exchange the updated email ID for Investor Grievance as: [email protected].
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.27 Oct · Results
Consolidated Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 153067 lacs for half year ending on 30-SEP-2007 against Rs. 85751 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 12815 lacs for the half year ending on 30-SEP-2007 against Rs. 7967 lacs for the half year ending on 30-SEP-2006.27 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 77010 lacs for quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 6920 lacs for the quarter ending on 30-SEP-2007.19 Oct · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: No. of shares held as per earlier disclosure: 32,705; Shares sold: 19,752; Total holding post transactions: 12,953; Total as % to Share Capital: 0.01; Date of transaction(s): October 09 - 15, 2007.18 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.5 Oct · Board meeting
To inter alia consider and approve the audited financial results for the half year ended September 30, 2007.4 Oct · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: No. of shares held as per earlier disclosure - 42,705; Shares sold - 10,000; Total holding post transactions - 32,705; Total as % to Share Capital - 0.03; Date of transaction(s): September 24-26, 2007.3 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.
Sep 2007
28 Sep · Disclosure
Company has received intimations from the ex-officials for transactions in the shares of the Company. The details of the same 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.7 Sep · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: No. of shares held as per earlier disclosure - 90635; Shares sold - 13691; Total holding - 76944; Total as % to Share Capital - 0.06; Date of transaction(s): September 05, 2007.
Aug 2007
21 Aug · Meeting
Minutes of the AGM of the Company held on July 25,2007. The details of the same 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 Aug · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: No. of shares held as per earlier disclosure - 97650; Shares sold - 7015; Total holding - 90635; Total as % to Share Capital - 0.08; Date of transaction(s): August 14, 2007.14 Aug · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: No. of shares held as per earlier disclosure - 118041; Shares sold - 20391; Total holding - 97650; Total as % to Share Capital - 0.08; Date of transaction(s): August 13, 2007.13 Aug · Disclosure
Company has received intimation from the ex-Managing Director, Mr. Prakash M. Kulkarni (who retired from the services of the Company effective June 30, 2007) of following transactions in the shares of the Company: 1) No. of shares held: As per earlier disclosure: 127750; Shares sold: 6883; Total Holding: 120867; Total as % to Share Capital 0.10, Date of transaction(s): July 27, 2007; 2) No. of shares held: As per earlier disclosure: 120867; Shares sold: 2826; Total Holding: 118041; Total as % to Share Capital 0.09; Date of transaction(s): August 06, 2007.9 Aug · Miscellaneous
Chairperson's Speech delivered at the AGM concluded on July 25, 2007. The details of the same 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
26 Jul · Meeting
Annual General Meeting (AGM) of the members of the Company was held on July 25, 2007 and the business as per the Notice dated May 29, 2007 were transacted thereat. Payment of final dividend of Rs.2.60 per equity share (130%) for the year 2006-2007 was approved at the Meeting.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.25 Jul · Results
Consolidated Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 70472 lacs for quarter ending on 30-JUN-2007 against Rs. 35111 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 5563 lacs for the quarter ending on 30-JUN-2007 against Rs. 2593 lacs for the quarter ending on 30-JUN-2006.25 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 65805 lacs for quarter ending on 30-JUN-2007 against Rs. 31859 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 5601 lacs for the quarter ending on 30-JUN-2007 against Rs. 2754 lacs for the quarter ending on 30-JUN-2006.12 Jul · Board meeting
To inter alia approve the Unaudited Financial Results for the quarter ended June 30, 2007, subject to 'Limited Review'.9 Jul · Meeting
Notice of the Annual General Meeting of the Company to be held on July 25, 2007. A copy of the same 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.