Thermax Quarterly Results
Thermax quarterly results. In Mar 2026, Thermax (THERMAX) reported revenue ₹3,484 Cr and net profit ₹244 Cr — revenue +11.5% YoY. Review THERMAX P/E ratio to evaluate earnings-based valuation against sector peers.
THERMAX Quarterly Results — Revenue, Profit & EPS Highlights
Thermax latest quarter revenue, net profit, EPS and QoQ/YoY growth rates. Check THERMAX market value to track the company's total market size over time.
- Revenue of ₹3,484 Cr in Mar 2026 (+46.9% vs Jun 2026, +11.5% vs Mar 2025)
- Net Profit of ₹244 Cr in Mar 2026 (+1009.1% vs Jun 2026, +18.4% vs Mar 2025)
- EBITDA of ₹431 Cr in Mar 2026 (+214.6% vs Jun 2026)
- Operating Margin of 11.0% in Mar 2026 (+8.0pp vs Jun 2026)
- Earnings Per Share of ₹21.68 in Mar 2026 (+867.9% vs Jun 2026)
Thermax Quarterly Results — Revenue, EBITDA, Net Profit & EPS
THERMAX quarterly revenue, expenses, EBITDA, net profit, EPS and operating margin with QoQ and YoY comparison.
| Metric | Mar 2026 | Jun 2026 | Sept 2025 | Mar 2025 | Jun 2025 | QoQ | YoY |
|---|---|---|---|---|---|---|---|
| Revenue (₹ Cr) | 3,484 | 2,371 | 2,559 | 3,124 | 2,223 | 46.9% | 11.5% |
| Net Profit (₹ Cr) | 244 | 22 | 119 | 206 | 151 | - | - |
| EBITDA (₹ Cr) | 431 | 137 | 257 | 377 | 291 | - | - |
| EPS (₹) | 21.68 | 2.24 | 10.62 | 18.27 | 13.53 | - | - |
| Operating Margin (%) | 11.0% | 3.0% | 7.0% | 10.0% | 10.0% | - | - |
THERMAX Share Price Trend — 1-Year Movement Across Quarterly Results
Thermax 1-year share price in ₹ overlaid with quarterly earnings dates — NSE/BSE closing prices. For annual financials, live price and key ratios, visit THERMAX stock price BSE.
Revenue Trend (₹ Cr)
Net Profit Trend (₹ Cr)
Operating Margin Trend (%)
THERMAX vs Capital Goods Peers — Quarterly Revenue, Profit & Market Cap
Thermax latest quarter revenue and net profit vs Capital Goods competitors — market cap, price and earnings comparison.
| Company Latest Quarter | Market Cap (₹ Cr) | Price (₹) | Revenue (₹ Cr) | Net Profit (₹ Cr) | Rev QoQ % | Rev YoY % | Profit Margin % | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
|
Bharat Heavy Electr…
Mar 2026 |
₹146,594.87 Cr | 429.0 | 12,570 | 1,291 | +58.7% | - | 10.3% | 115.6 |
|
ABB
Mar 2026 |
₹146,216.78 Cr | 6895.0 | 4,704 | 1,784 | +30.2% | - | 37.9% | 81.9 |
|
CG Power & Industri…
Mar 2026 |
₹138,482.06 Cr | 882.3 | 3,521 | 364 | +4.7% | - | 10.3% | 380.3 |
|
Hitachi Energy
March 2026 |
₹136,993.16 Cr | 31500.0 | 8,388 | 988 | +30.2% | +30.2% | 11.8% | 142.1 |
|
Siemens
Mar 2026 |
₹135,468.24 Cr | 3701.1 | 4,733 | 370 | +0.0% | - | 7.8% | 355.9 |
QoQ: Quarter over Quarter • YoY: Year over Year
All amounts in ₹ Crores