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THERMAX LTD. 860.70 5.55 (0.65%)

  • BSE: 500411
  • |
  • NSE: THERMAX
  • |
  • ISIN NO: INE152A01029
  • |
  • INDUSTRY: Heavy Electrical Equipment
Profile

THERMAX

THERMAX

In 1980, Thermax was incorporated, and it also offers engineering solutions to several industries. The company also provides a spectrum of products and services in heating, cooling, waste heat recovery, water treatment, captive power, recycling, and waste management. Besides India, the company has a global presence in countries such as China, Bangladesh, Sri Lanka, Indonesia, Malaysia, UAE, Thailand, Philippines, Nigeria, Kenya, Saudi Arabia, Russia, Belgium ... , UK, USA, Peru, Brazil, and Chile. The company also offers several products and services to sectors such as power, cement, fertilizers, petrochemicals, textiles, food, dairy, sugar, pharmaceuticals, refineries, distillery, and aluminum.

The Products and services of the Company:

  • Boilers and Heaters:In this division, it manufactures boilers and heaters as per the industry requirements such as steam boilers, hot water generators, thermal oil heaters, exhaust gas boilers, fired heaters are among others.
  • Absorption cooling:In this division, it manufactures the vapor absorption machine that is cost-effective chillers. This specific product portfolio consists of hot water driven chillers, steam-driven chillers, multi energy-driven chillers, and many more.
  • Chemicals:In this division, it also manufactures Tulsion a range of ion exchange resins.
  • Water and Waste Solutions:In this division, it manufactures a spectrum of products such as filters, clarifiers, Deionizers, and many more.
  • Captive power plants:In this division, it offers captive power and the cogeneration systems.
  • The Company also provides products for controlling air pollution.

Some of the Achievements:

  • The Company was listed in Forbes list of Asia Best under a Billion (Dollar) Companies for the third consecutive year in the year 2007.
  • Anu Aga, the founder as well as director of the company, was honored the Business Woman of the Year 2007 for her precious contribution to industry and sector at the Zee Astitva Awards.
  • Its in house magazine named Firesidebagged the gold award for the best internal house magazine during the 47th awards function of the Association of Business Communicators of India.

Some of the Subsidiaries:

  • Thermax Engineering Construction Co.
  • Thermax Instrumentation.
  • Thermax Inc. in the USA.
  • Thermax Europe. in the UK.
  • Thermax (Zhejiang) Cooling & Heating Engineering Co. in China.
  • Thermax do Brasil (or TdB) - Energia e Equipamentos Ltda. in Brazil.

Read More
Key Data
  • Market cap 8469.00 CR.
  • Book value 229.96
  • Stock P/E 34
  • Dividend Yield 0.98%
  • ROCE 16.07%
  • ROE 11.70%
  • Sales Growth (3Y) -6.54%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 861.00 875.00
11 AM 856.50 875.00
12 PM 856.50 875.00
1 PM 856.50 875.00
2 PM 856.50 875.00
3 PM 856.50 875.00
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 789.55 809.95 830.35 842.75 850.75 863.15 871.15 891.55 911.95
woodie's 790.45 810.85 824.60 831.25 845.00 851.65 865.40 872.05 892.45
fibonacci - 830.35 838.14 842.96 850.75 858.54 863.36 871.15 -
camarilla 843.93 849.54 851.41 853.28 -- 857.02 858.89 860.76 866.37
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 765.00
858.75
812.40 7.77 % 2.02 %
20 DAY 744.15
858.75
791.43 12.97 % 8.54 %
50 DAY 703.95
858.75
759.23 19.59 % 12.89 %
100 DAY 703.95
858.75
761.91 14.02 % 17.14 %
200 DAY 570.00
1080.00
772.62 22.16 % 41.60 %
YTD 570.00
1119.90
807.42 -21.22 % 7.31 %
52 Week 570.00
1181.25
904.84 -12.75 % 8.74 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-11-17
793.50 ~ 791.90 SUPPORT
Industry Growth Rate

In Last 1 Year the industry has grown by 2.92 %

In Last 5 Year the industry has grown by -4.58 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
THERMAX 5081.00 5304.00 5145.00 4483.00 4465.00 5973.00
SUZLON 20403.00 19954.00 9483.00 12714.00 8116.00 5025.00
SIEMENS 10678.00 10563.00 10837.00 11065.00 12795.00 13767.00
KEC 7902.00 8468.00 8518.00 8584.00 10053.00 11001.00
BHEL 39561.00 31323.00 25505.00 28465.00 28827.00 30368.00
Total 16725.00 15122.40 11897.60 13062.20 12851.20 13226.80

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 Inox Wind Ltd 58177.46 26.35 88.23 0.88% 1436.00 208.82%
2 SIEMENS LTD. 48493.44 1362.40 253.95
3 T D POWER SYSTEMS LTD. 26335.10 85.40 143.22 1.03 126.84 0.10 5.00% 459.00 3.00 0.65% 5.52%
4 Adani Green Energy Ltd 179131.90 1144.75 14.07 1.36% 2058.00 39.05%
5 ABB India Limited 21814.62 1030.00 195.65
6 HPL Electric & Power Ltd 16069.77 25.05 115.35 5.06 8.39 0.42 2.31% 1158.00 33.00 2.85% 11.78% 22.22%
7 BGR ENERGY SYSTEMS LTD. 18715.03 25.90 191.13 2.67 13.31 0.26 1.20% 3273.00 19.00 0.58% 18.75% 5.42%
8 Swelect Energy Systems Limited-$ 11684.65 76.05 447.90 4.49 31.99 0.68 1.65% 227.67 6.83 3.00%
9 BHARAT HEAVY ELECTRICALS LTD. 10685.70 30.65 88.43 2.91 13.61 1.45 5.40% 30368.00 1012.00 3.33% 5.35% 129.48% 1.23%
10 THERMAX LTD. 10255.57 858.90 229.96 28.90 37.13 14.13 32.64% 5973.00 325.00 5.44% 33.77% 40.09% 6.21% 1.18%
11 TRANSFORMERS AND RECTIFIERS (INDIA) LTD. 8625.86 6.58 24.76 0.34 23.97 0.34 1.39% 855.44 4.51 0.53% 19.52% 5.82%
12 Ujaas Energy Limited 6934.98 3.46 11.54
13 KEC INTERNATIONAL LTD. 8692.69 337.30 102.42 19.28 17.65 9.73 3.11% 11001.00 496.00 4.51% 9.43% 7.83% 12.36% 15.54%
14 KALPATARU POWER TRANSMISSION LTD. 3161.07 204.50 203.74 30.42 14.35 15.06 2.92% 10840.00 467.00 4.31% 24.47% 66.19% 12.87% 15.45%
15 Sterling and Wilson Solar Ltd 3528.64 220.10 0.00 39.85 7.68 39.94 6.58% 8240.00 639.00 7.75% 19.91% 41.37%
16 GE Power India Ltd 2028.52 301.65 119.66 11.22 60.36 1.12 3.54% 1903.00 75.00 3.94% 42.23% 177.78%
17 TRIVENI TURBINE LTD. 2358.70 73.00 14.87 3.10 30.71 3.13 51.00% 840.00 100.00 11.90% 11.85% 4.17%
18 SCHNEIDER ELECTRIC INFRASTRUCTURE LTD. 1952.53 81.45 -0.63
19 VOLTAMP TRANSFORMERS LTD. 873.45 866.15 693.98
20 SUZLON ENERGY LTD. 1826.93 3.45 -15.72 5025.00
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 3.92
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 5.76
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

Read More
Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
THERMAX 2020-03-20 NALANDA INDIA EQUITY FUND LIMITED P 943506.00 687.99
THERMAX 2019-03-08 IMPAX ENVIRONMENTAL MARKETS PLC S 604436.00 940.02
THERMAX 2019-03-08 RELIANCE MUTUAL FUND P 1000000.00 940.00
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
THERMAX 2013-02-01 MICM-LIBRTY LIFE ASUR CO BOSTON NEWPORT TIGER S 117360.00 573.00
THERMAX 2013-02-01 LIBERTY MUTUAL RETIREMENT PLAN MASTER TRUST P 117360.00 573.00
Dividend history
Ex Date Amount
2020-03-20 7.00
2019-07-25 7.00
2018-07-26 6.00
2017-07-27 6.00
2016-07-28 6.00
2015-07-16 7.00
2014-07-10 6.00
2013-07-11 7.00
2012-07-12 7.00
2011-07-07 9.00
2010-07-08 5.00
2009-07-09 5.00
2008-07-10 8.00
2007-07-12 2.60
2001-08-07 1.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value