Buy Thermax; target of Rs 2613: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 2613 in its research report dated May 18, 2023.20-05-2023
20-05-2023
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is to inform you that the Audio Recording of the Analysts / Investor conference call held today i.e. May 18, 2023 for the financial results of the Company for the quarter and year ended March 31, 2023 has been uploaded/ made available on the website of the Company.18-05-2023
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed copies of the newspaper advertisement published on May 18, 2023 in the Financial Express (English) and Loksatta (Marathi) newspapers pertaining to financial results of the Company for the quarter and year ended March 31, 2023.18-05-2023
Thermax declines 7% as investors book profit post March quarter earnings
The company said that the order book for the year stood at a consolidated level stood of Rs 8,788 crore, as compared to Rs 9,410 crore in FY22, down 7 per cent18-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Thermax Ltd.
Heavy Electrical Equipment firm Thermax announced Q4FY23 & FY23 results: Consolidated operating revenue of Rs 2,311 crore (Rs 1,992 crore), up 16%. Profit after tax (PAT) stood at Rs 156 crore, up 51% as compared to Rs 103 crore in the corresponding quarter of FY22. The order booking for the quarter was 34% lower at Rs 2,254 crore (Rs 3,396 crore). In the last quarter of the previous year, a significant order of Rs 1,176 crore was booked for a sulphur recovery block, and an order of Rs 546 crore was received for a flue gas desulphurisation (FGD) system. Standalone basis, Thermax Limited posted an operating revenue of Rs 1,490 crore during the quarter, 16% higher as compared to Rs 1,281 crore in the corresponding quarter, last year. Profit after tax for the quarter was Rs 122 crore (Rs 71 crore), up by 72%. Order booking for the quarter was 49% lower at Rs 1,483 crore (Rs 2,927 crore). For the financial year FY23, Thermax Group posted a consolidated· operating revenue of Rs 8,090 crore, up 32% as compared to Rs 6,128 crore in the previous year. Profit after tax for the year stood at Rs 451 crore (Rs 312 crore), up 45%. The Board recommended a dividend of Rs. 10 per share for 2022-23. Result PDF17-05-2023
THERMAX LTD. - 500411 - Regulation 23 (9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201517-05-2023
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Investor Presentation
In terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, please find enclosed copy of Investor Presentation for Q4 FY 2022-23.17-05-2023
THERMAX LTD. - 500411 - Announcement under Regulation 30 (LODR)-Change in Directorate
Re-appointment of Mrs. Rajani Kesari, Non-Executive, Independent Director17-05-2023
THERMAX LTD. - 500411 - Intimation Of Record Date For Dividend Subject To Approval Of Shareholders
Thermax Limited has intimated the record date for declaration of dividend for FY 2022-2317-05-2023