Thermax Ltd (THERMAX) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Thermax Ltd on NSE and BSE, with an AI summary of each filing.
Thermax Limited has informed the exchanges about the Analyst/Investor Meet.
Intimation · 06 Nov 2026, 11:00 am
Thermax Schedules Q2FY27 Earnings Conference Call on 6th Nov'26 Thermax Limited will host an analyst and investor conference call on 6th Nov'26 at 11:00 AM IST to discuss financial results for the quarter ended 30th Sep'26 (Q2FY27). The call is organized by DAM Capital Advisors Ltd and will feature key management speakers, including Managing Director & CEO Ashish Bhandari and Group CFO & Executive Vice President Rajendran Arunachalam. Universal dial-in access is available via +91 22 6280 1384 and +91 22 7115 8285.
Thermax Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve financial results for the quarter and ....
Intimation · 05 Nov 2026, 5:30 am
Thermax Schedules Board Meeting on 5th Nov'26 to Consider Q2 Results Thermax Limited announced that its Board of Directors will meet on 5th Nov'26 to consider and approve the unaudited financial results and segment-wise performance for the quarter and half-year ended 30th Sep'26. Additionally, the company's trading window, which closed on 25th Sep'26, will reopen 48 hours after the declaration of the financial results.
THERMAX LIMITED has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 05 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 05 Nov 2026, 5:30 am
Thermax Limited has submitted clarification on rumour verification under Regulation 30(11) of SEBI LODR Regulations, 2015
Others (Uncategorized) · 09 Oct 2026, 10:48 pm
Thermax Clarifies Strategic Partner Evaluation for Green Energy Unit FEPL Thermax clarified on 9th Oct'26 regarding media reports about seeking a partner for its green energy arm, First Energy Private Limited (FEPL). The company confirmed that, as part of its long-term strategy, it is evaluating strategic opportunities to attract a growth partner to strengthen FEPL’s renewable energy platform across solar, wind, hybrid, and battery storage. Thermax recently appointed Basant Jain as CEO to accelerate execution, though no material, reportable event has materialized under SEBI Regulation 30 at this stage.
Thermax Limited has informed the exchanges about the acquisition of 49% share capital of TSA Process Equipments Private Limited thereby making it a wholly owned subsidiary of the Company.
Others (Uncategorized) · 01 Oct 2026, 1:05 am
Thermax Acquires Remaining 49% Stake in TSA Process Equipments for Rs. 42 Crore Thermax Limited completed the acquisition of the remaining 49% equity stake in TSA Process Equipments Private Limited for a cash consideration of Rs. 42 Cr, making TSA a wholly owned subsidiary on 30th Sep'26. TSA provides turnkey high-purity water solutions, reverse osmosis, and demineralisation plants. For FY26, TSA recorded a turnover of Rs. 166.99 Cr (up from Rs. 129.65 Cr in FY25), PAT of Rs. 6.65 Cr, and a net worth of Rs. 44.99 Cr as of 31st Mar'26.
Thermax Limited has informed the Exchanges about incorporation of wholly owned step-down subsidiary.
Others (Uncategorized) · 15 Sept 2026, 10:16 pm
Thermax Incorporates Wholly Owned Step-Down Subsidiary in Botswana Thermax Limited announced that its wholly owned subsidiary, Thermax Engineering Construction Company Limited (TECC), incorporated a 100% step-down subsidiary named Thermax Botswana Proprietary Limited on 14th Sep'26. The entity was registered under Botswana's Companies and Intellectual Property Authority to provide support services for boilers and power plants. Consideration will be in cash, with a planned capital infusion of BWP 10,000 to be completed in due course.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
Acquisition/ Disposal of Shares · 05 Sept 2026, 4:54 pm
SBI Mutual Fund Trims Stake in Thermax to 5.5957% SBI Mutual Fund, across various schemes, trimmed its stake in Thermax Ltd via open market sales, divesting 7,776 shares (0.0065% of paid-up capital) on 3rd Sep'26. This triggered a SEBI SAST Regulation 29(2) disclosure as the fund's cumulative holding decreased by over 2% from its prior reported holding of 7.5979% (disclosed on 28th Aug'25). Following the transaction, SBI Mutual Fund's total holding in Thermax stands at 66,67,654 equity shares, representing 5.5957% of the company's total paid-up share capital.
Thermax Limited has submitted before the Exchanges transcript of the earnings call held on Friday, July 31, 2026.
Transcript · 06 Aug 2026, 9:40 pm
Thermax Limited has informed the Exchanges that the shareholders at their 45th AGM held on July 30, 2026 have approved the re-appointment of Dr. Ravi Shankar Gopinath (DIN: 00803847) as ....
Change in Management · 31 Jul 2026, 11:56 pm
Thermax Limited has informed the Exchanges about the voting results and scrutinizer''s report for 45th Annual General Meeting.
Annual General Meeting · 31 Jul 2026, 11:49 pm
Thermax Limited has submitted before the Exchanges the audio recording for investors call held on Friday, July 31, 2026.
Audio / Video · 31 Jul 2026, 9:07 pm
Thermax Publishes Audio Recording of Investor Conference Call Thermax Limited has released the audio recording of its investor conference call, which was held on Jul 31, 2026, at 11:00 a.m. IST. The company notified the BSE (Scrip: 500411) and NSE (Scrip: THERMAX EQ) in compliance with SEBI's Regulation 30. The recording is now accessible on the company's investor relations website. This follows the initial intimation of the call's schedule on Jul 21, 2026.
Thermax Limited has submitted revised investor presentation for Q1FY27
Investor Presentation · 31 Jul 2026, 3:34 pm
Thermax Q1FY27 Profit Plummets on Industrial Infra Cost Overrun Thermax reported a sharp 86% YoY decline in Q1FY27 PAT to Rs. 22 crore, with PBT falling 80% to Rs. 42 crore. This was driven by a Rs. 91 crore cost overrun provision in the Industrial Infra segment, which posted a PBIT loss of Rs. 71 crore. Despite the profit drop, operating revenue grew 7% YoY to Rs. 2,303 crore and order book increased 2% to Rs. 2,809 crore. The total order balance stood robust at Rs. 14,045 crore, up 23% YoY, supported by growth in Industrial Products and Green Solutions.
Thermax Limited has submitted the Investor Presentation for Q1FY27.
Investor Presentation · 31 Jul 2026, 3:24 am
Thermax Q1FY27 Profit Plummets on Industrial Infra Project Cost Overrun Thermax reported Q1FY27 operating revenue of Rs. 2,303 crore, up 7% YoY, while the order book grew 2% to Rs. 2,809 crore. However, profit was severely impacted by a one-time project cost overrun of Rs. 91 crore in the Industrial Infra segment, causing a PBIT loss of Rs. 71 crore for that division. Consequently, consolidated PBT and PAT plummeted 80% and 86% YoY to Rs. 42 crore and Rs. 22 crore, respectively. The order balance remains strong at Rs. 14,045 crore, up 23% YoY.
Thermax Limited has submitted the summary of AGM Proceedings held on July 30, 2026.
Annual General Meeting · 31 Jul 2026, 12:16 am
Thermax Limited has informed the Exchanges that the Board of Directors at their meeting held on July 30, 2026 have approved the proposed Scheme of Arrangement and Amalgamation between Thermax ....
Others (Uncategorized) · 30 Jul 2026, 9:46 pm
Thermax Approves Merger of Two Subsidiaries and Demerger of Bio-CNG EPC Business Thermax's board on 30 Jul'26 approved a scheme to merge wholly-owned subsidiary Thermax Cooling Solutions and demerge the Bio-CNG EPC business of Thermax Bioenergy Solutions into the parent company. This corporate restructuring aims to simplify group structure, reduce overheads, and enhance shareholder value. The appointed date is 01 Apr'26, subject to NCLT and other regulatory approvals. The scheme will not alter the company's shareholding pattern as no new shares will be issued. The transaction is exempt from related-party provisions.
Thermax Limited has informed the Exchanges that the Board of Directors at their meeting held on July 30, 2026 have approved the proposed Scheme of Arrangement and Amalgamation between Thermax ....
Others (Uncategorized) · 30 Jul 2026, 9:45 pm
Thermax Approves Merger of Two Subsidiaries and Demerger of Bio-CNG Business On 30th Jul'26, Thermax's board approved a composite scheme to simplify its group structure. The plan involves merging its wholly-owned subsidiary, Thermax Cooling Solutions Limited, with the parent company. Additionally, the Bio-CNG EPC business of another subsidiary, Thermax Bioenergy Solutions Private Limited, will be demerged and absorbed into Thermax Limited. The scheme, with an appointed date of 01st Apr'26, aims to improve financial ratios and generate cost savings. The transaction awaits NCLT and other regulatory approvals.
Thermax Limited has informed the Exchanges about the financial results for quarter ended June 30, 2026
Financial Result · 30 Jul 2026, 9:38 pm
Thermax Reports Q1FY27 Results & Approves Subsidiary Merger and Demerger Scheme Thermax announced a Board-approved Scheme of Arrangement and Amalgamation effective 1st Apr'26, involving the demerger of Thermax Bioenergy Solutions' EPC business and the amalgamation of Thermax Cooling Solutions into Thermax Limited. For Q1FY27 ending 30th Jun'26, consolidated revenue grew 7% YoY to ₹2,303 crore. However, a ₹91 crore cost overrun in one project caused PAT to decline 85% YoY to ₹22 crore. The order book stood at ₹14,045 crore, up 23% YoY, with Q1 order booking up 2% to ₹2,809 crore.
Thermax Limited has informed the Exchanges about the outcome of Board Meeting held on July 30, 2026
Outcome · 30 Jul 2026, 9:33 pm
Thermax Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Crore) ■ Revenue: 2,303 (+6.7% YoY | -32.8% QoQ) ■ EBITDA: 68.6 (-69.5% YoY | -81.7% QoQ) ■ EBITDA Margin (%): 3.0 (-745 bps YoY | -794 bps QoQ) ■ PAT: 25.2 (-83.4% YoY | -89.7% QoQ) ■ EPS (INR): 2.24 (-83.4% YoY | -89.7% QoQ) Thermax Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Crore) Segmental Performance Industrial Products ■ Revenue: 1,058 (+11.4% YoY | -36.3% QoQ) ■ EBIT: 64.2 (-19.0% YoY | -71.8% QoQ) ■ EBIT Margin (%): 6.1 (-228 bps YoY | -766 bps QoQ) Industrial Infra ■ Revenue: 814 (-2.8% YoY | -41.2% QoQ) ■ EBIT: -70.7 (Profit to Loss YoY | Profit to Loss QoQ) ■ EBIT Margin (%): -8.7 (Profit to Loss YoY | Profit to Loss QoQ) Green Solutions ■ Revenue: 245 (+3.0% YoY | -16.5% QoQ) ■ EBIT: -16.9 (-215.5% YoY | +47.2% QoQ) ■ EBIT Margin (%): -6.9 (-464 bps YoY | +400 bps QoQ) Chemicals ■ Revenue: 230 (+32.5% YoY | +18.8% QoQ) ■ EBIT: 25.6 (+59.5% YoY | +162.7% QoQ) ■ EBIT Margin (%): 11.2 (+189 bps YoY | +612 bps QoQ)
Thermax Limited has informed the Exchanges about the schedule of Analyst / Investors call scheduled for Q1 FY 2026-27.
Intimation · 31 Jul 2026, 11:00 am
Thermax Schedules Q1FY27 Earnings Conference Call for July 31 Thermax has scheduled an analyst and investor conference call on 31 Jul'26 at 11:00 AM IST to discuss its financial results for the quarter ending 30 Jun'26 (Q1FY27). The call will be hosted by DAM Capital Advisors and feature Thermax's management, including MD & CEO Ashish Bhandari and Group CFO Rajendran Arunachalam. This event provides a platform for stakeholders to gain insights into the company's first-quarter performance and future outlook.
Thermax Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve Thermax Limited has informed the Exchanges ....
Intimation · 30 Jul 2026, 5:30 am
Thermax Schedules Board Meeting for Q1FY27 Results Thermax Limited announced its Board of Directors will meet on Thu, Jul 30, 2026. The primary agenda is to consider and approve the un-audited financial and segment-wise results for the first quarter ending Jun 30, 2026. The trading window for insiders will reopen 48 hours after the results are declared. This meeting is a key event for investors tracking the company's performance for the start of the fiscal year.
Thermax Limited has submitted before the Exchanges the Business Responsibility and Sustainability Report for FY 2025-26.
Others (Uncategorized) · 03 Jul 2026, 10:56 pm
Thermax Submits Business Responsibility and Sustainability Report for FY25-26 Thermax submitted its Business Responsibility and Sustainability Report (BRSR) for FY25-26 on 03 Jul'26. Exports contributed 20% to total turnover. Segment-wise, Industrial Products, Industrial Infra, and Chemicals accounted for 67%, 23%, and 10% of turnover respectively. The company reported a 13.7% YoY rise in total energy consumption to 314,680 GJ and a 39.5% YoY increase in total waste generation to 24,718 metric tonnes. Accounts payable days increased to 89 from 81 YoY. The report received reasonable assurance from Price Waterhouse Chartered Accountants LLP.
Thermax Limited has informed the Exchanges about the 45th Annual General Meeting of the Company to be held on July 30, 2026.
Annual General Meeting · 03 Jul 2026, 10:54 pm
Thermax Limited has submitted the Notice for 45th Annual General Meeting of the Company and Annual Report for FY 2025-26. The AGM is scheduled to be held on July 30, 2026 at 4.30 p.m. IST ....
Others (Uncategorized) · 03 Jul 2026, 10:51 pm
Thermax Limited has informed the Stock Exchanges about resignation of Mr. Kirtiriaj Jilkar, Executive Vice President and BU Head - P&ES (Senior Management Personnel) with effect from close ....
Change in Management · 30 Jun 2026, 11:50 pm
Thermax Announces Resignation of Senior Management Personnel Thermax Limited announced the resignation of Mr. Kirtiraj Jilkar, Executive Vice President and Business Unit Head of P&ES, a Senior Management Personnel. His resignation is effective from the close of business hours on Jun 30, '26. The resignation letter, dated Apr 24, '26, cited personal reasons for the departure. The company disclosed this information to the exchanges in compliance with SEBI's Listing Regulations.