Thermax (THERMAX)₹2,786−1.90%Heavy Electrical Equipment
Thermax is compared with the 10 closest in size in Heavy Electrical Equipment (50 companies in the industry). It has a P/E of 56.1 against a peer median of 56.1, and ROCE of 14.0% against a peer median of 31.9%, and latest-quarter sales growth of 6.7% against a peer median of 26.0%. By market cap it is #3 of 11 in this set.
As of · Peer set: 10 closest in size in Heavy Electrical Equipment
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Siemens Energy India | 1,01,004 | 67.9 | 68.0 | 50.5 | 0.04 | 0.1 | 7,813 | 1,103 | 39.2 | 67.5 | vs THERMAX |
| Suzlon Energy | 53,034 | 22.9 | 34.1 | 39.6 | 0.06 | 0.0 | 16,758 | 3,166 | 26.0 | −69.2 | vs THERMAX |
| Thermax | 33,152 | 56.1 | 14.0 | 10.6 | 0.42 | 0.5 | 10,793 | 722 | 6.7 | −85.4 | — |
| Schneider Electric Infrastructure | 25,442 | 119.1 | 30.0 | 35.5 | 0.71 | 0.0 | 2,898 | 213 | 0.6 | −60.0 | vs THERMAX |
| TD Power Systems | 17,855 | 65.3 | 34.1 | 24.7 | 0.02 | 0.1 | 1,853 | 239 | 72.0 | 71.9 | vs THERMAX |
| Triveni Turbine | 15,995 | 47.3 | 35.9 | 27.0 | 0.02 | 0.8 | 2,184 | 347 | 19.4 | −20.4 | vs THERMAX |
| Azad Engineering | 15,725 | 113.4 | 12.1 | 9.1 | 0.31 | 0.0 | 604 | 134 | 26.2 | 20.8 | vs THERMAX |
| Karamtara Engineering | 12,386 | 49.2 | 23.0 | 20.8 | 0.92 | 0.0 | 4,300 | 228 | 72.2 | 45.0 | vs THERMAX |
| Inox Wind | 11,537 | 32.9 | 10.0 | 7.1 | 0.25 | 0.0 | 4,393 | 450 | −1.5 | −34.0 | vs THERMAX |
| Atlanta Electricals | 11,236 | 49.8 | 45.0 | 31.6 | 0.07 | 0.0 | 1,852 | 202 | 23.1 | 28.0 | vs THERMAX |
| Quality Power Electrical Equipments | 11,101 | 83.5 | 31.9 | 25.1 | 0.07 | 0.1 | 949 | 186 | 31.5 | 27.1 | vs THERMAX |
| Peer median | 15,995 | 56.1 | 31.9 | 25.1 | 0.07 | 0.0 | 2,898 | 239 | 26.0 | 20.8 |
Listed companies closest to Thermax in Heavy Electrical Equipment include Siemens Energy India, Suzlon Energy, Schneider Electric Infrastructure, TD Power Systems, Triveni Turbine, Azad Engineering, Karamtara Engineering, Inox Wind.
Siemens Energy India, with a market cap of ₹1.01 L Cr.
Thermax trades at a P/E of 56.1; the median of its peer set is 56.1. A P/E above or below the median is a description, not a judgement on value.
Thermax's return on capital employed is 14.0%, below the peer median of 31.9%.