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:
Isgec Heavy Engineering Ltd
sales of 45.02 billion Indian Rupees [US$697.84 million]
of which 91%
T. Rad Company Limited
(102.13 billion Japanese Yen [US$918.17 million]
of which 51%
was Operating Segment-Japan), and
Wuxi Huaguang Boiler Co Ltd
based in China
(3.70 billion Chinese Renmimbi [US$537.52 million]
of which 53%
was Boiler manufacturing).
During the year ended March of 2016, sales at
Thermax Limited were 55.02 billion Indian Rupees (US$852.73 million).
a very small
increase of 2.0%
versus 2015, when the company's sales were 53.95 billion Indian Rupees.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Thermax Limited had sales
of 52.45 billion Indian Rupees.
Sales of Energy saw an increase
2.4% in 2016, from
44.41 billion Indian Rupees to 45.46 billion Indian Rupees.