| Revenue growth | 7% YoY growth in operating revenue. |
|---|---|
| Margins | Consolidated PBIT margin crashed to 0.9% from 9.1% due to Infra cost overruns. |
| Order book | Record order balance of Rs. 14,045 crore, up 23% YoY. |
| Demand visibility | Strong demand in Chemicals, F&B, Metal & Mining, and Data Centres. |
Growth
Operating revenue up 7%; Order book grew 2% to Rs. 2,809 crore; Order balance up 23% to Rs. 14,045 crore.
Outlook
Focus on data centers as a high-potential growth sector and green solutions; strong order pipeline in TBWES and Green Solutions.
Risks
Rs. 91cr project cost overrun in Industrial Infra; higher input costs in Industrial Products; West Asia conflict dampening trade.
Investor Presentation filed with NSE, NSE: THERMAX. Summary written with AI assistance from the document.
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.
More from Thermax Ltd
All →Thermax Management Change
Thermax announced that Harsh Mariwala ceased as Non-Executive Lead Independent Director on completing his second five-year term. The filing is a senior board change with no monetary impact.
Thermax Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 2,756 Cr (+11% YoY) and PAT Rs 113 Cr (-5%, 4.1% margin). Order balance Rs 14,250 Cr (+16%), but bookings fell 8%.
Thermax Q2 FY27 Results: Net Profit ₹113.1 Cr, Down 5.3% YoY
Thermax Ltd reported revenue from operations of ₹2,756 Cr (+11.4% YoY) and net profit of ₹113.1 Cr (-5.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹113.1 Cr · -5.3% YoY
Thermax Other Announcement
Thermax's quarterly shareholding pattern for the June 2026 quarter, filed under Regulation 31. Promoter and promoter group hold 62.0% of 119,156,300 shares.
Thermax Other Announcement
The company submitted its quarterly Reconciliation of Share Capital Audit report for the period ending September 30, 2026, in compliance with SEBI regulations.
Thermax Board Meeting Date
Thermax Limited will hold a board meeting on November 5, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended September 2026.