Thermax Ltd.

NSE: THERMAX | BSE: 500411 | ISIN: INE152A01029 | Industry: Heavy Electrical Equipment
| Mid-range Performer
3330.0000 18.60 (0.56%)
NSE Sep 18, 2025 15:31 PM
Volume: 63,368
 

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Thermax Ltd.
09 Nov 2017
3330.00
0.56%
Motilal Oswal
issues. However, TMX was able to recover INR1b of sales in 2QFY18. Gross margin shrunk 100bp YoY to 43.7%. EBITDA grew 11% YoY to INR0.9b (est. of INR0.8b), and the operating margin improved 90bp YoY to 10.0% (est. of 8.7%), led by a reduction in other expenses (-290bp YoY to 20.6%). Adj. net profit declined 5% YoY to INR0.6b (est. of INR0.62b), impacted by lower other income, higher interest expense and a higher tax rate. Weak performance at subsidiaries: Subsidiaries' revenue was down 25% YoY to INR1.6b, EBIDTA was down 67% YoY to INR56m, and breakeven at...
Thermax Ltd. has an average target of 3828.67 from 4 brokers.
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