Thermax Ltd Quarterly Results

Q1 FY26-27 Results Summary

Revenue

The revenue stands at ₹2,302.73 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 32.83 per cent from ₹3,428.04 crore. This corresponds to a year-on-year *(YoY) growth of 6.73 per cent.

Operating Profit

Operating Profit stands at ₹68.62 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 81.67 per cent from ₹374.31 crore. This corresponds to a year-on-year *(YoY) decline of 69.49 per cent.

PBDT

PBDT stands at ₹101.66 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 73.81 per cent from ₹388.14 crore. This corresponds to a year-on-year *(YoY) decline of 60.95 per cent.

Profit Before Tax

Profit Before Tax stands at ₹42.14 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 87.39 per cent from ₹334.13 crore. This corresponds to a year-on-year *(YoY) decline of 80.07 per cent.

Net Profit

Net Profit stands at ₹21.79 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 91.08 per cent from ₹244.40 crore. This represents a 85.61 per cent year-on-year *(YoY) decline for the same year.

  • YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

Thermax Ltd Earnings

CategoryQ1 FY26-27Q1 FY25-26Change %FY25-26FY24-25Change %
Total Revenue2,302.732,157.536.7310,694.1510,369.263.13
Expenses2,234.111,932.6115.609,668.309,461.722.18
Other Income68.1965.633.90328.69252.2230.32
Operating Profit68.62224.92-69.491,354.541,159.7616.79
Depreciation59.5248.8821.77207.64158.5130.99
Interest35.1530.2016.39138.96116.7818.99
Profit Before Tax42.14211.47-80.071,007.94884.4713.96
Tax20.3560.02-66.09268.05299.63-10.54
Net Profit21.79151.45-85.61720.26626.7014.93
CategoryQ1 FY26-27Q4 FY25-26Change %
Total Revenue2,302.733,428.04-32.83
Expenses2,234.113,053.73-26.84
Other Income68.1956.1821.38
Operating Profit68.62374.31-81.67
Depreciation59.5254.0110.20
Interest35.1542.35-17.00
Profit Before Tax42.14334.13-87.39
Tax20.3589.73-77.32
Net Profit21.79244.40-91.08

Thermax Ltd Research Reports

ActionTarget Price (₹)BrokerDateReports
Reduce 3,050Edelweiss Securities10-Feb-2025

Thermax Ltd Financial Reports

Data not available.

Thermax Ltd Stock Prices Compare with Peers

Company1 Day1 Week1 Month3 Months6 Month1 Year
Thermax-0.22%-1.39%-10.77%-10.45%24.91%21.67%
Waaree Energies-0.56%-1.23%-3.13%-14.03%-2.37%-18.55%
Apar Inds.1.53%2.12%20.77%35.19%57.17%115.07%
Suzlon Energy-0.96%-0.60%-12.51%-14.82%7.46%-18.34%
Dhoot Transmission3.96%5.98%25.19%25.19%25.19%25.19%
Schneider Elect.-1.21%-8.67%-15.10%-16.84%27.76%33.26%
Emmvee Photovol.2.49%5.05%-0.22%12.71%73.01%52.00%

Thermax Ltd Corporate Information

Chairperson: Meher P Pudumjee
Non-Exec & Non-Independent Dir: Pheroz Pudumjee
Managing Director & CEO: Ashish Bhandari
Independent Non Exe. Director: Harsh Mariwala
Independent Non Exe. Director: Rajani Kesari
Independent Non Exe. Director: SHYAMAK RAMYAR TATA
Independent Non Exe. Director: Ravi Gopinath
Independent Non Exe. Director: Parag Chandulal Shah
Company Sec. & Compli. Officer: SANGEET KAUR HUNJAN

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