Thermax Limited operates within the Fabricated plate work (boiler shops) sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Thermax Limited with three other
cutlery, handtool and hardware manufacturers in Asia:
Toyo Kanetsu Kabushiki Kaisha
sales of 41.76 billion Japanese Yen [US$375.82 million]
of which 62%
was Logistics System),
Sunil Hitech Engineers Limited
(29.71 billion Indian Rupees [US$424.52 million]
Isgec Heavy Engineering Ltd
(37.91 billion Indian Rupees [US$541.72 million]
of which 80%
During the year ended March of 2018, sales at
Thermax Limited were 44.65 billion Indian Rupees (US$638.03 million).
decrease of 0.4%
versus 2017, when the company's sales were 44.83 billion Indian Rupees.
Contributing to the drop in overall sales was the 3.5% decline
in Energy, from 36.25 billion Indian Rupees to 34.97 billion Indian Rupees.
There were also decreases in sales in
Environment (down 0.8% to 6.94 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Chemical (up 8.8% to 3.61 billion Indian Rupees)