Thermax Ltd share Price Today

Thermax Ltd (Thermax) offers integrated solutions in the areas of energy and environment – heating, cooling, power, water & waste management, air pollution control and chemicals.
 It operates in three key segments energy (~70.7% of FY22 revenue), environment segment (~20.6%) and chemicals segment (~8.7%)
 Focus to increase product & services share (~50% in FY22) vs. projects

Thermax reported decent Q4FY22 results.
 Consolidated revenue at ₹ 1991.9 crore, up 26.5% YoY, owing to better execution
 EBITDA came in at ₹ 135.2 crore, down 3.2% YoY, impacted by higher commodity prices and freight cost
 Adjusted PAT came in at ₹ 102.6 crore, down 4.4% YoY
 Order inflows for Q4FY22 was robust at ₹ 3396 crore, up ~127% YoY

Heavy Electrical Equipment company Thermax announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

• Consolidated operating revenue: Rs 2,764 crore, a 20% increase compared to Rs 2,311 crore in Q4FY23.
• Consolidated PAT: Rs 188 crore, up by 20% from Rs 156 crore in Q4FY-23.
• Order balance: Rs 10,111 crore, a 4% increase from the corresponding quarter of the previous fiscal year.
• Order booking: Rs 2,309 crore, a 2% increase compared to the corresponding quarter of the previous fiscal year.
• Standalone operating revenue: Rs 1,738 crore, a 17% growth from Rs 1,490 crore in the corresponding quarter last year.
• Standalone PAT: Rs 129 crore, up by 6%.
• Standalone order booking: Rs 1,623 crore, a 9% increase compared to the previous year.
• Standalone order balance: Rs 6,213 crore, down by 1% compared to the previous year.

FY24 Financial Highlights:

• Consolidated operating revenue: Rs 9,323 crore, a 15% increase compared to Rs 8,090 crore in the previous year.
• Consolidated PAT: Rs 643 crore, up by 43%.
• Dividend recommendation: Rs 12 per share for FY24.

Result PDF