Stock Notes

Thermax

Every Finvezto stock note on Thermax, dated and newest first. Coverage spans capital goods.

1 note and counting
30 Jul 2026
Thermax reported an 85 percent fall in first quarter net profit to 22 crore rupees on a project cost overrun, while revenue rose 7 percent.
The order balance grew 23 percent to 14,045 crore rupees over the year, so the hit is execution on existing projects, not demand.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.