Market Capitalization of Thermax (THERMAX)
As of Aug. 19, 2026, Thermax (THERMAX) market capitalisation is ₹48197.53 Cr ($5.36B), with 11.97 Cr shares outstanding at a current price of ₹4025.50 on NSE, ranking 209 out of 5355 companies by market cap in our screener. Thermax operates in the Capital Goods sector and is classified as a Large Cap stock. Compare with Thermax value estimation to assess whether the stock is under or overvalued.
Market Cap History of Thermax (Last 10 Years)
THERMAX market capitalisation from year-end NSE closing prices over the last 10 years. For live price, earnings and the complete company profile, see Thermax share price screener.
End of Year Market Cap History — Thermax
THERMAX year-end market cap in INR and USD with closing share price and annual change — NSE closing prices. View Thermax yearly highs lows for the annual high/low range and current price position.
| Year | Market Cap | Share Price | Exchange | Change |
|---|---|---|---|---|
| 2026 |
₹48197.53 Cr
$5.36B USD
|
₹4025.50 | NSE | +33.18% |
| 2025 |
₹36189.75 Cr
$4.02B USD
|
₹3022.60 | NSE | -25.18% |
| 2024 |
₹48368.15 Cr
$5.37B USD
|
₹4039.75 | NSE | +31.10% |
| 2023 |
₹36894.97 Cr
$4.10B USD
|
₹3081.50 | NSE | +56.56% |
| 2022 |
₹23565.37 Cr
$2.62B USD
|
₹1968.20 | NSE | +10.15% |
| 2021 |
₹21394.65 Cr
$2.38B USD
|
₹1786.90 | NSE | +96.81% |
| 2020 |
₹10870.93 Cr
$1.21B USD
|
₹907.95 | NSE | -16.13% |
| 2019 |
₹12962.03 Cr
$1.44B USD
|
₹1082.60 | NSE | -3.36% |
| 2018 |
₹13412.81 Cr
$1.49B USD
|
₹1120.25 | NSE | -8.46% |
| 2017 |
₹14652.03 Cr
$1.63B USD
|
₹1223.75 | NSE | +64.57% |
| 2016 |
₹8903.16 Cr
$989.24M USD
|
₹743.60 | NSE | -17.78% |
| 2015 |
₹10829.03 Cr
$1.20B USD
|
₹904.45 | NSE | -15.33% |
| 2014 |
₹12789.02 Cr
$1.42B USD
|
₹1068.15 | NSE | +50.24% |
| 2013 |
₹8512.24 Cr
$945.80M USD
|
₹710.95 | NSE | +15.25% |
| 2012 |
₹7386.18 Cr
$820.69M USD
|
₹616.90 | NSE | +56.81% |
| 2011 |
₹4710.20 Cr
$523.36M USD
|
₹393.40 | NSE | -54.86% |
| 2010 |
₹10435.12 Cr
$1.16B USD
|
₹871.55 | NSE | +43.10% |
| 2009 |
₹7292.19 Cr
$810.24M USD
|
₹609.05 | NSE | +238.55% |
| 2008 |
₹2153.95 Cr
$239.33M USD
|
₹179.90 | NSE | -78.04% |
| 2007 |
₹9807.13 Cr
$1.09B USD
|
₹819.10 | NSE | +110.73% |
| 2006 |
₹4653.93 Cr
$517.10M USD
|
₹388.70 | NSE | +106.25% |
| 2005 |
₹2256.44 Cr
$250.72M USD
|
₹188.46 | NSE | +72.41% |
| 2004 |
₹1308.77 Cr
$145.42M USD
|
₹109.31 | NSE | +31.79% |
| 2003 |
₹993.05 Cr
$110.34M USD
|
₹82.94 | NSE | - |