Audited Results of Thermax Ltd. Company

(Rs in Cr.) Mar 31, 2026 Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022
Operating Income 6,518.26 6,254.07 5,821.93 5,141.16 4,015.39
Manufacturing Expenses 0 48.23 43.77 46.24 39.03
Personnel Expenses 837.55 764.31 683.61 563.65 477.81
Selling Expenses 0 20.39 19.96 17.37 7.31
Administrative Expenses 1,579.20 1,318.15 1,242.18 1,092.50 809.23
Expenses Capitalised 0 0 0 0 0
Cost Of Sales 5,973.74 5,727.40 5,340.86 4,760.48 3,789.37
Operating Profit 544.52 526.67 481.07 380.68 226.02
Other Recurring Income 284.56 202.53 193.49 136.34 124.56
Adjusted PBDIT 829.08 729.20 674.56 517.02 350.58
Financial Expenses 24.87 31.40 23.84 19.58 13.33
Depreciation 97.19 78.39 72.74 73.15 67.19
Other Write offs 0 0 0 0 0
Adjusted PBT 707.02 619.41 577.98 424.29 270.06
Tax Charges 145.95 141 142.62 102.23 55.27
Adjusted PAT 561.07 478.41 435.36 322.06 214.79
Non Recurring Items 87.84 88.87 -1.45 -0.79 -9.94
Other Non Cash adjustments 0 0 0 0 0
Reported Net Profit 648.91 572.14 437.44 329.26 200.79
Equity Dividend 0 142.99 119.16 107.24 83.41
Preference Dividend 0 0 0 0 0
Retained Earnings 648.91 3,387.54 2,963.25 2,648.50 2,434.47

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