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Current Thermax Limited forecasts and price targets in August 2026
Ø Analyst Price Targets
3,511.20 INR
-13.19 %
Median
3,432.30 INR
-15.14 %
Max
5,145.00 INR
Min
2,727.00 INR
Last Price
4,044.80 INR
Buy
13
Hold
10
Sell
4
The average target price for Thermax Limited is 3,511.20 INR. (-13.19 % below the current price)
The median price target of Thermax Limited is 3,432.30 INR.
Stock analysts from many renowned investment banks are closely examining the Thermax Limited stock. They conclude their professional Thermax Limited stock analyses with a clear recommendation for the Thermax Limited stock. The forecasts and price targets of professional analysts can be a good indicator of how a stock will perform in the next quarter.
| Buy | Hold | Sell | Ø Analyst Price Targets | |
|---|---|---|---|---|
| 2026-03-01 | 14 | 9 | 4 | — |
| 2026-02-01 | 13 | 10 | 4 | 3,511.20 INR |
| 2026-02-01 | 13 | 10 | 4 | 3,569.85 INR |
| 2026-01-01 | 13 | 10 | 4 | 3,554.55 INR |
| 2025-12-01 | 13 | 10 | 4 | 3,626.97 INR |
| 2025-12-01 | 13 | 10 | 4 | 3,626.97 INR |
Thermax Limited Stock Forecast 2026: Revenue & Earnings Estimates
Analysts expect the following revenue and earnings for Thermax Limited in the coming fiscal years:
| Fiscal year | Revenue | Net Income | Earnings per share |
|---|---|---|---|
| 2026e | 105.72 B INR | 6.23 B INR | 55.28 INR |
| 2027e | 125.91 B INR | 8.59 B INR | 76.21 INR |
| 2028e | 148.98 B INR | 11.33 B INR | 100.58 INR |