Thermax Overview

  • Year Founded
  • 1966

Year Founded

  • Status
  • Public

  • Employees
  • 4,127

Employees

  • Stock Symbol
  • THERMAX

Stock Symbol

  • Investments
  • 16

  • Share Price
  • $54.97
  • (As of Friday Closing)

Thermax General Information

Description

Thermax Ltd is a company that provides engineering solutions. The company operates through four reportable segments which are industrial products, industrial infra, green solutions, and chemicals. It earns the majority of its revenue from the Industrial Infra segment. The Company's portfolio includes boilers and heaters, absorption chillers/heat pumps, power plants, solar equipment, related services, air pollution control equipment/system, water and waste recycle plants, ion exchange resins and performance chemicals and related services The company generates more than half of its revenue from India.

Contact Information

Formerly Known As
Wanson India
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • Thermax Limited Thermax House
  • 14 Mumbai-Pune Road Wakdewadi
  • Pune, 411003
  • India
+91 020
Primary Industry
Construction and Engineering
Other Industries
Other Commercial Services
Stock Exchange
NSE
Vertical(s)
CleanTech, Infrastructure, Oil & Gas, Industrials, TMT
Corporate Office
  • Thermax Limited Thermax House
  • 14 Mumbai-Pune Road Wakdewadi
  • Pune, 411003
  • India
+91 020

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Thermax Stock Performance

As of 06-Dec-2024, Thermax’s stock price is $54.97. Its current market cap is $6.19B with 113M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$54.97 $55.67 $31.76 - $69.96 $6.19B 113M 106K $0.79

Thermax Financials Summary

As of 30-Sep-2024, Thermax has a trailing 12-month revenue of $1.18B.

In Thousands,
USD
TTM 30-Sep-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 6,733,559 5,453,506 2,857,161 2,628,717
Revenue 1,175,147 1,115,799 1,000,513 813,881
EBITDA 137,831 119,720 83,147 64,371
Net Income 88,936 77,946 56,077 41,917
Total Assets 1,310,197 1,217,482 1,076,553 983,948
Total Debt 176,236 155,353 103,693 50,005
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Thermax Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Thermax Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Thermax Ltd is a company that provides engineering solutions. The company operates through four reportable segments whic
Construction and Engineering
Pune, India
4,127 As of 2024

Espoo, Finland
 

Kansas City, MO
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Thermax Competitors (15)

One of Thermax’s 15 competitors is Valmet, a Corporation company based in Espoo, Finland.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Valmet Corporation Espoo, Finland
hitech systems & services ltd. Corporation Kansas City, MO
Johnson Controls International Corporation Cork, Ireland
Bharat Heavy Electricals Corporation New Delhi, India
Posco Corporation Pohang, South Korea
You’re viewing 5 of 15 competitors. Get the full list »

Thermax Patents

Thermax Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4210976-A1 A hybrid air conditioning system for automobile Pending 28-Aug-2020
US-20230356562-A1 A hybrid air conditioning system for automobile Pending 28-Aug-2020
EP-4210976-A4 A hybrid air conditioning system for automobile Pending 28-Aug-2020
AU-2018100807-A4 An air purification system Inactive 29-Jul-2017
EP-3431315-A2 A control system for a metal hydride air conditioner and a method thereof Inactive 27-Jun-2017 B60H1/3201
To view Thermax’s complete patent history, request access »

Thermax Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Thermax Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Thermax Investments & Acquisitions (16)

Thermax’s most recent deal was a Merger/Acquisition with Buildtech Products for . The deal was made on 25-Oct-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Buildtech Products 25-Oct-2024 Merger/Acquisition Building Products
TSA Process Equipments 19-Apr-2024 Merger/Acquisition Machinery (B2B)
Covacsis 26-Jul-2022 Later Stage VC Business/Productivity Software
Exactspace 28-Feb-2022 Seed Round Business/Productivity Software
JetSynthesys 09-Jul-2020 Later Stage VC Entertainment Software
You’re viewing 5 of 16 investments and acquisitions. Get the full list »

Thermax Subsidiaries (5)

Company Name Industry Location Founded
TSA Process Equipments Machinery (B2B) Mumbai, India 2004
First Energy Other Commercial Products Pune, India
ME Engineering Construction and Engineering Carlisle, United Kingdom
RIFOX Other Commercial Products Bremen, Germany
Danstoker Industrial Supplies and Parts Herning, Denmark
To view Thermax’s complete subsidiaries history, request access »

Thermax ESG

Risk Overview

Risk Rating

Updated April, 27, 2024

29.36 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,100

Rank

Percentile

Machinery

Industry

of 572

Rank

Percentile

Industrial Machinery

Subindustry

of 421

Rank

Percentile

To view Thermax’s complete esg history, request access »

Thermax FAQs

  • When was Thermax founded?

    Thermax was founded in 1966.

  • Where is Thermax headquartered?

    Thermax is headquartered in Pune, India.

  • What is the size of Thermax?

    Thermax has 4,127 total employees.

  • What industry is Thermax in?

    Thermax’s primary industry is Construction and Engineering.

  • Is Thermax a private or public company?

    Thermax is a Public company.

  • What is Thermax’s stock symbol?

    The ticker symbol for Thermax is THERMAX.

  • What is the current stock price of Thermax?

    As of 06-Dec-2024 the stock price of Thermax is $54.97.

  • What is the current market cap of Thermax?

    The current market capitalization of Thermax is $6.19B.

  • What is Thermax’s current revenue?

    The trailing twelve month revenue for Thermax is $1.18B.

  • Who are Thermax’s competitors?

    Valmet, hitech systems & services ltd., Johnson Controls International, Bharat Heavy Electricals, and Posco are some of the 15 competitors of Thermax.

  • What is Thermax’s annual earnings per share (EPS)?

    Thermax’s EPS for 12 months was $0.79.

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