Thermax approves Q1 FY27 results (PAT down 85%) and scheme for demerger and merger
Thermax · Electrical Equipment
Key highlights
- Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026, with limited review by Price Waterhouse Chartered Accountants LLP.
- Scheme of Arrangement and Amalgamation approved, subject to NCLT and other regulatory approvals, involving TBSPL, Thermax Cooling Solutions Limited and Thermax Limited.
- Consolidated PAT Rs. 22 crore (Rs. 151 crore), down 85% over Q1 of FY26; demerged undertaking turnover Rs. 239.35 Crores, 3.67% of Resulting Company turnover.
Why it's rated major development: the year-on-year change is 85% (20% or more for adverse news)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Results Of Thermax Limited For Quarter Ended June 30, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from Thermax
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Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.