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 39.17 billion Indian Rupees [US$611.02 million]
of which 88%
Sunil Hitech Engineers Limited
(25.60 billion Indian Rupees [US$399.30 million]
of which 80%
was Projects), and
T. Rad Company Limited
based in Japan
(107.61 billion Japanese Yen [US$969.55 million]
of which 48%
was Operating Segment-Japan).
During the year ended March of 2017, sales at
Thermax Limited were 44.83 billion Indian Rupees (US$699.36 million).
decrease of 18.5%
versus 2016, when the company's sales were 55.02 billion Indian Rupees.
Contributing to the drop in overall sales was the 26.8% decline
in Environment, from 9.56 billion Indian Rupees to 7.00 billion Indian Rupees.
There were also decreases in sales in
Energy (down 20.3% to 36.25 billion Indian Rupees)