Thermax Limited

NSE THERMAX.NS

Thermax Limited Interest Coverage Ratio for the year ending March 31, 2024: 10.79

Thermax Limited Interest Coverage Ratio is 10.79 for the year ending March 31, 2024, a -35.51% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Thermax Limited Interest Coverage Ratio for the year ending March 31, 2023 was 16.73, a -0.55% change year over year.
  • Thermax Limited Interest Coverage Ratio for the year ending March 31, 2022 was 16.82, a 21.01% change year over year.
  • Thermax Limited Interest Coverage Ratio for the year ending March 31, 2021 was 13.90, a -45.50% change year over year.
  • Thermax Limited Interest Coverage Ratio for the year ending March 31, 2020 was 25.51, a -13.04% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
NSE: THERMAX.NS

Thermax Limited

CEO Mr. Ashish Bhandari
IPO Date July 1, 2002
Location India
Headquarters Thermax House
Employees 5,225
Sector Utilities
Industries
Description

Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through three segments: Energy, Environment, and Chemical. The company offers vapor absorption and hybrid chillers, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, radiators, and air cooled heat exchangers and condensers; EPC solutions, such as cogen or trigen power plants, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery units, thermal oil heaters and vaporizers, hot water and air generators, energy plants, and packaged and modular units, as well as specialized services. In addition, the company offers air pollution control and water and waste solutions; and chemicals, such as ion exchange resins, water and fuel treatment chemicals, oil field chemicals, and construction chemicals. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, commercial/construction, engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was founded in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

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StockViz Staff

February 2, 2025

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