Key EventTranscript of Q1 FY2026-27 conference call made publicly available
ImpactShareholders can review the full discussion to assess management's commentary on quarterly results and future expectations.Sign up to read impact
Key EventThermax Limited approved demerger of Bio-CNG and Cooling Solutions businesses effective April 1, 2026
ImpactThe demerger simplifies the group structure without altering shareholding, but standalone profitability remains under pressure from exceptional items.Sign up to read impact
Key EventBoard approved Q1 FY27 results and Scheme of Arrangement for TBSPL and TCSL asset transfer to Thermax Limited without cash or share exchange.
ImpactThe sharp profit decline from project overruns and cost reversals raises concerns about near-term profitability despite order book growth.Sign up to read impact
Key EventBoard approves scheme of arrangement and amalgamation involving subsidiaries TBSPL and TCSL, effective April 1, 2026, requiring NCLT approval.
ImpactThe restructuring simplifies the group structure and may improve long-term financial ratios, but near-term PAT is pressured by exceptional items.Sign up to read impact
Key EventThermax reports 2% YoY order growth to Rs. 2,809 crore in Q1 FY27 with Rs. 91 crore cost overrun in Industrial Infra
ImpactThe cost overrun in Industrial Infra explains the lower PAT despite revenue growth, signaling near-term margin pressure from execution risks in large projects.Sign up to read impact