Calendar Thermax Limited

Equities

THERMAX

INE152A01029

Industrial Machinery & Equipment

Market Closed - NSE India S.E. Other stock markets 06:11:02 14/01/2026 pm IST			5-day change	1st Jan Change
2,971.80 ^INR	+0.26%		-3.75%	-1.68%

06/01	IIFL Downgrades Thermax to Reduce from Add; Price Target is INR2,644	MT
12/12	Kotak Securities Upgrades Thermax to Buy From Add; Price Target is INR3,575	MT

Chart calendar Thermax Limited

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Upcoming events on Thermax Limited

02/02/2026	Q3 2026 Earnings Release	Add to your calendar Google Apple ICS format
08/05/2026	Q4 2026 Earnings Release	Add to your calendar Google Apple ICS format
30/07/2026	Q1 2027 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
05/11/2026	Q2 2027 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
09/02/2027	Q3 2027 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
07/05/2027	Q4 2027 Earnings Release (Projected)	Add to your calendar Google Apple ICS format

Past events on Thermax Limited

12/11/2025	Q2 2026 Earnings Call
11/11/2025	Q2 2026 Earnings Release
01/08/2025	Q1 2026 Earnings Call
31/07/2025	Annual General Meeting
31/07/2025	Q1 2026 Earnings Release
04/07/2025	Ex-dividend day for final dividend
06/06/2025	Investor Meeting - ApaH Capital
05/06/2025	Investor Meeting - Lazard Asset Management
30/05/2025	B&K Securities Trinity India Investor Conference
12/05/2025	Q4 2025 Earnings Call
09/05/2025	Q4 2025 Earnings Release
07/02/2025	Q3 2025 Earnings Call
04/02/2025	Q3 2025 Earnings Release
14/11/2024	Q2 2025 Earnings Call
13/11/2024	Q2 2025 Earnings Release
02/08/2024	Q1 2025 Earnings Call
01/08/2024	Annual General Meeting
01/08/2024	Q1 2025 Earnings Release
05/07/2024	Ex-dividend day for final dividend
13/05/2024	Q4 2024 Earnings Call

Past dividends on Thermax Limited

04/07/2025	Annual 14 INR
05/07/2024	Annual 12 INR
21/07/2023	Annual 10 INR
21/07/2022	Annual 9 INR
22/07/2021	Annual 7 INR
20/03/2020	Interim Payment 7 INR
25/07/2019	Annual 7 INR
26/07/2018	Annual 6 INR
27/07/2017	Annual 6 INR
28/07/2016	Annual 6 INR
16/07/2015	Annual 7 INR
10/07/2014	Annual 6 INR
11/07/2013	Annual 7 INR
12/07/2012	Annual 7 INR
07/07/2011	Annual 9 INR
08/07/2010	Annual 5 INR
09/07/2009	Annual 5 INR
10/07/2008	Annual 8 INR
12/07/2007	Final Payment 2.6 INR
20/03/2007	Interim Payment 3.4 INR

Annual results

Fiscal Period	March	2023	2024	2025	2026	2027	2028
Net sales Million INR	Released Forecast Spread	80 898 81 263 -0.45%	93 235 92 426 0.88%	103 887 104 209 -0.31%	107 884	126 067	143 889
EBITDA Million INR	Released Forecast Spread	5 976 5 966 0.16%	7 966 7 606 4.73%	9 075 9 082 -0.08%	9 626	12 878	15 570
EBIT Million INR	Released Forecast Spread	4 807 5 128 -6.26%	6 485 6 249 3.78%	7 490 7 557 -0.88%	7 632	10 611	12 909
Earnings before Tax (EBT) Million INR	Released Forecast Spread	6 031 5 967 1.07%	8 690 7 869 10.43%	8 845 8 685 1.84%	8 972	11 625	14 202
Net income Million INR	Released Forecast Spread	4 503 4 441 1.39%	6 453 5 963 8.21%	6 345 6 476 -2.03%	6 494	8 690	10 634
EPS INR	Released Forecast Spread	40,0 39,4 1.36%	57,3 51,3 11.68%	56,3 56,3 0.05%	56,4	75,9	92,4
Announcement Date		17/05/23	10/05/24	09/05/25	-

Quarterly results

Fiscal Period	March	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales Million INR	Released Forecast Spread	23 025 23 323 -1.28%	23 244 23 511 -1.14%	27 637 26 645 3.72%	21 844 22 513 -2.97%	26 116 25 556 2.19%	25 078 26 970 -7.02%	30 849 31 273 -1.36%	21 502 24 436 -12.01%	28 008	27 451	34 835	24 871	29 448
EBITDA Million INR	Released Forecast Spread	2 044 1 822 12.18%	1 874 2 081 -9.94%	2 733 2 340 16.81%	1 412 1 917 -26.37%	2 779 2 375 17.02%	1 890 2 565 -26.31%	3 004 3 102 -3.16%	2 249 1 928 16.64%	2 620	2 354	3 830	2 589	2 710
EBIT Million INR	Released Forecast Spread	1 714 1 345 27.49%	1 516 1 553 -2.41%	2 234 1 958 14.09%	1 051 1 660 -36.67%	2 359 2 081 13.37%	1 539 1 967 -21.74%	2 550 2 709 -5.84%	1 760 1 685 4.47%	1 900	1 801	2 214	2 039	2 140
Earnings before Tax (EBT) Million INR	Released Forecast Spread	2 175 1 825 19.19%	3 092 2 038 51.72%	2 509 2 257 11.15%	1 613 1 796 -10.2%	2 663 2 460 8.25%	1 563 2 316 -32.53%	3 006 2 952 1.85%	2 115 1 876 12.71%	2 371	2 034	3 543
Net income Million INR	Released Forecast Spread	1 586 1 326 19.57%	2 383 1 548 53.95%	1 903 1 833 3.84%	1 158 1 346 -13.96%	1 970 1 817 8.42%	1 159 1 834 -36.79%	2 057 2 258 -8.88%	1 524 1 408 8.24%	1 771	1 538	1 900
EPS INR	Released Forecast Spread	14,0 10,7 31.09%	21,2 13,1 61.11%	16,9 16,4 2.77%	10,3 12,3 -16.49%	17,5 15,7 11.63%	10,3 15,7 -34.25%	18,3 17,0 7.32%	13,5 12,7 6.37%	14,9	12,6	15,4	15,3	15,8
Announcement Date		03/11/23	08/02/24	10/05/24	01/08/24	13/11/24	04/02/25	09/05/25	31/07/25	-	-	-	-	-

Upcoming sector events for Thermax Limited

22/01/2026	LLOYDS ENGINEERING WORKS LIMITED	Q3 2026 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
26/01/2026	FANUC CORPORATION	Q3 2025 Earnings Release	Add to your calendar Google Apple ICS format
28/01/2026	CRAFTSMAN AUTOMATION LIMITED	Q3 2026 Earnings Release	Add to your calendar Google Apple ICS format
29/01/2026	NGK INSULATORS, LTD.	Q3 2025 Earnings Release	Add to your calendar Google Apple ICS format
29/01/2026	MAKITA CORPORATION	Q3 2025 Earnings Release	Add to your calendar Google Apple ICS format
29/01/2026	PARKER-HANNIFIN CORPORATION	Q2 2026 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
29/01/2026	GMM PFAUDLER LIMITED	Q3 2026 Earnings Release (Projected)	Add to your calendar Google Apple ICS format
29/01/2026	INDUTRADE AB	Q4 2025 Earnings Release	Add to your calendar Google Apple ICS format
29/01/2026	DOVER CORPORATION	Q4 2025 Earnings Release	Add to your calendar Google Apple ICS format
30/01/2026	MAX CO., LTD.	Q3 2025 Earnings Release	Add to your calendar Google Apple ICS format

More events

Past sector events for Thermax Limited

14/01/2026	BOSSARD HOLDING AG	Q4 2025 Sales and Revenue Release
12/01/2026	SAN SHING FASTECH CORP.	December 2025 Sales and Revenue Release
08/01/2026	ELECON ENGINEERING COMPANY LIMITED	Q3 2026 Earnings Release
08/01/2026	KAORI HEAT TREATMENT CO., LTD.	December 2025 Sales and Revenue Release
08/01/2026	APEX DYNAMICS, INC.	December 2025 Sales and Revenue Release
06/01/2026	TECHMAN ROBOT INC.	December 2025 Sales and Revenue Release
05/01/2026	AIRTAC INTERNATIONAL GROUP	December 2025 Sales and Revenue Release
18/12/2025	ENERPAC TOOL GROUP CORP.	Q1 2026 Earnings Release
17/12/2025	WORTHINGTON ENTERPRISES, INC.	Q2 2026 Earnings Release
16/12/2025	GOODWIN PLC	Q2 2026 Earnings Release