Thermax Limited

Thermax Limitedverified

THERMAX.BO

Price:

$2845.05

Market Cap:

$320.56B

Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The company offers vapour absorption and hybrid chillers, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, and air-cooled heat exchangers; and cogen/trigen power plants, flue gas desulphurisation, 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 pressu...[Read more]

Industry

Industrial - Machinery

IPO Date

2000-06-19

Stock Exchange

BSE

Ticker

THERMAX.BO

The Current Ratio as of December 2025 (TTM) for Thermax Limited (THERMAX.BO) is 1.33

According to Thermax Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.33. This represents a change of 102.66% compared to the average of 0.66 of the last 4 quarters.

Thermax Limited (THERMAX.BO) Historical Current Ratio (quarterly & annually)

How has THERMAX.BO Current Ratio performed in the past?

The mean historical Current Ratio of Thermax Limited over the last ten years is 1.36. The current 1.33 Current Ratio has changed 9.72% with respect to the historical average. Over the past ten years (40 quarters), THERMAX.BO's Current Ratio was at its highest in in the September 2017 quarter at 1.56. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.36

Median

1.37

Minimum

1.26

Maximum

1.45

Thermax Limited (THERMAX.BO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Thermax Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.08%

Maximum Annual Current Ratio = 1.45

Minimum Annual Increase = -13.33%

Minimum Annual Current Ratio = 1.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.30-4.78%
20241.36-1.04%
20231.389.38%
20221.26-13.33%
20211.451.92%
20201.4310.08%
20191.30-2.68%
20181.33-4.44%
20171.391.00%
20161.383.63%

Thermax Limited (THERMAX.BO) Average Current Ratio

How has THERMAX.BO Current Ratio performed in the past?

The current Current Ratio of Thermax Limited (THERMAX.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.35

5-year avg

1.35

10-year avg

1.36

Thermax Limited (THERMAX.BO) Current Ratio vs. Peers

How is THERMAX.BO’s Current Ratio compared to its peers?

Thermax Limited’s Current Ratio is greater than Blue Star Limited (1.28), less than AIA Engineering Limited (5.33), less than AIA Engineering Limited (5.33), less than Voltas Limited (1.47), less than Voltas Limited (1.47), less than KEI Industries Limited (3.48), less than KEI Industries Limited (3.48), less than 3M India Limited (2.28), less than 3M India Limited (2.28), less than Apar Industries Limited (1.50),

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