Thermax credit ratios

·Capital Goods & DefenceChart ›
ProfitabilityGrowthCreditLiquidityWorking capitalDividend yieldDuPontCAGR
Per cent unless marked ×
Tap a line for its trendLast 12Mto Jun 2026FY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,2882,2881,6931,256811
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
−179−179−1,029−1,083−1,714
0.41×0.41×0.34×0.28×0.21×
−0.03×−0.03×−0.21×−0.24×−0.44×
2.23×2.23×1.87×1.58×1.36×
−0.21×−0.17×−1.13×−1.36×−2.87×
5.89×5.89×6.42×7.41×12.79×
29.1%29.1%25.5%22.1%17.3%
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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

THERMAX₹3,193.10

Thermax Ltd.

· Capital Goods & Defence
₹ CrorePeersBHELTRITURBINEAIAENGAPARINDSESCORTSHONAUTPREMIERENEKEIMcap ₹35,970 Cr
ProfitabilityGrowthCreditLiquidityWorking CapitalYield AnalysisDuPont
Ratios — % unless marked ×
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Last 12M
30/06/2026
Total Debt810.51,256.01,693.32,288.02,288.0
Net Debt-1,713.9-1,082.8-1,029.1-179.4-179.4
Total Debt/Equity0.210.280.340.410.41
Net Debt/Equity-0.44-0.24-0.21-0.03-0.03
Total Debt/EBITDA1.361.581.872.232.23
Net Debt/EBITDA-2.87-1.36-1.13-0.17-0.21
Interest Coverage (EBIT/Interest)12.797.416.425.895.89
Total Debt/Total Capital %17.3222.0525.5229.0829.08
No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.