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Financial Results · Q4 FY26

Thermax Q4 FY26 Results: Net Profit ₹244.4 Cr, Up 18.9% YoY

Thermax Ltd reported revenue from operations of ₹3,428 Cr (+12.5% YoY) and net profit of ₹244.4 Cr (+18.9% YoY) for Q4 FY26.

Q4 FY26 at a glance · ₹ crore
MetricQ4 FY26Q3 FY26Q4 FY25
Revenue from operations3428.02634.73046.4
Other income53.762.776.8
Total income3481.82697.43123.2
Profit before exceptional items & tax331.7229.9300.6
Exceptional items2.558.80.0
Profit before tax334.1288.7300.6
Net profit244.4205.0205.6
Operating margin9.6%10.7%9.6%

A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.

Growth
Net profit, year on year+18.90%
Net profit, quarter on quarter+19.20%
Revenue, year on year+12.50%
Source

BSE results filing, NSE: THERMAX. Figures extracted from the filing.

Read the filing ↗

Thermax Ltd: key numbers

Share price
₹2,760.00
Market cap
₹32,887 Cr
Revenue (annual)
₹10,694 Cr
Net profit (annual)
₹720.5 Cr
P/E (TTM)
55.9×Sector 51.9×
Promoter holding
61.98%+0.00% QoQ
FII holding
11.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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