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- THERMAX - ESAB INDIA
THERMAX vs ESAB INDIA - Comparison Results
THERMAX Change
Thermax Limited operates in a niche segment of the engineering sector, providing solutions in the energy and environment space. The company's key strengths lie in providing solutions for captive power plants and boilers for industrial customers acros... More
ESAB INDIA 
ESAB India Ltd (Esab) has been in existence in India since 1987 with the acquisition of the welding division of the now Phillips India Ltd. The company expanded its presence in the country through the acquisition of the welding business of Oxygen Ltd... More
Current Valuations
| THERMAX | ESAB INDIA | THERMAX/ ESAB INDIA |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 104.1 | 40.2 | 259.0% | View Chart |
| P/BV | x | 4.8 | 10.8 | 44.4% | View Chart |
| Dividend Yield | % | 0.6 | 4.8 | 12.0% |
Financials
 THERMAX  ESAB INDIA |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| THERMAX Mar-19 |
ESAB INDIA Mar-19 |
THERMAX/ ESAB INDIA |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,198 | 918 | 130.4% | |
| Low | Rs | 873 | 579 | 150.9% | |
| Sales per share (Unadj.) | Rs | 501.3 | 436.4 | 114.9% | |
| Earnings per share (Unadj.) | Rs | 27.3 | 37.4 | 73.0% | |
| Cash flow per share (Unadj.) | Rs | 35.0 | 44.4 | 79.0% | |
| Dividends per share (Unadj.) | Rs | 7.00 | 90.00 | 7.8% | |
| Dividend yield (eoy) | % | 0.7 | 12.0 | 5.6% | |
| Book value per share (Unadj.) | Rs | 253.0 | 173.2 | 146.0% | |
| Shares outstanding (eoy) | m | 119.16 | 15.39 | 774.3% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 2.1 | 1.7 | 120.4% | |
| Avg P/E ratio | x | 37.9 | 20.0 | 189.6% | |
| P/CF ratio (eoy) | x | 29.6 | 16.9 | 175.2% | |
| Price / Book Value ratio | x | 4.1 | 4.3 | 94.7% | |
| Dividend payout | % | 25.6 | 240.5 | 10.7% | |
| Avg Mkt Cap | Rs m | 123,396 | 11,519 | 1,071.2% | |
| No. of employees | `000 | 3.7 | 0.8 | 486.6% | |
| Total wages/salary | Rs m | 7,675 | 700 | 1,095.7% | |
| Avg. sales/employee | Rs Th | 16,302.3 | 8,919.4 | 182.8% | |
| Avg. wages/employee | Rs Th | 2,094.6 | 930.1 | 225.2% | |
| Avg. net profit/employee | Rs Th | 888.2 | 764.8 | 116.1% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 59,732 | 6,716 | 889.4% | |
| Other income | Rs m | 1,499 | 110 | 1,357.6% | |
| Total revenues | Rs m | 61,231 | 6,827 | 896.9% | |
| Gross profit | Rs m | 4,574 | 845 | 541.5% | |
| Depreciation | Rs m | 920 | 107 | 860.0% | |
| Interest | Rs m | 143 | 0 | - | |
| Profit before tax | Rs m | 5,010 | 848 | 590.6% | |
| Minority Interest | Rs m | -11 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | -895 | -7 | 13,167.6% | |
| Tax | Rs m | 849 | 266 | 319.9% | |
| Profit after tax | Rs m | 3,254 | 576 | 565.1% | |
| Gross profit margin | % | 7.7 | 12.6 | 60.9% | |
| Effective tax rate | % | 17.0 | 31.3 | 54.2% | |
| Net profit margin | % | 5.4 | 8.6 | 63.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 47,371 | 2,806 | 1,688.2% | |
| Current liabilities | Rs m | 36,538 | 1,086 | 3,366.0% | |
| Net working cap to sales | % | 18.1 | 25.6 | 70.8% | |
| Current ratio | x | 1.3 | 2.6 | 50.2% | |
| Inventory Days | Days | 31 | 37 | 83.9% | |
| Debtors Days | Days | 84 | 35 | 243.6% | |
| Net fixed assets | Rs m | 13,520 | 863 | 1,567.3% | |
| Share capital | Rs m | 225 | 154 | 146.3% | |
| "Free" reserves | Rs m | 29,918 | 2,512 | 1,191.0% | |
| Net worth | Rs m | 30,143 | 2,666 | 1,130.7% | |
| Long term debt | Rs m | 351 | 0 | - | |
| Total assets | Rs m | 67,999 | 3,788 | 1,795.3% | |
| Interest coverage | x | 36.0 | NM | - | |
| Debt to equity ratio | x | 0 | 0 | - | |
| Sales to assets ratio | x | 0.9 | 1.8 | 49.5% | |
| Return on assets | % | 5.0 | 15.2 | 32.9% | |
| Return on equity | % | 10.8 | 21.6 | 50.0% | |
| Return on capital | % | 13.9 | 31.6 | 44.1% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 10,100 | 545 | 1,852.5% | |
| Fx outflow | Rs m | 0 | 244 | 0.0% | |
| Net fx | Rs m | 10,100 | 301 | 3,353.3% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -1,154 | 674 | -171.3% | |
| From Investments | Rs m | 2,655 | 1,020 | 260.3% | |
| From Financial Activity | Rs m | -654 | -1,634 | 40.0% | |
| Net Cashflow | Rs m | 852 | 59 | 1,434.2% | |
Share Holding
| Indian Promoters | % | 62.0 | 0.0 | - | |
| Foreign collaborators | % | 0.0 | 73.7 | - | |
| Indian inst/Mut Fund | % | 6.8 | 0.1 | 6,800.0% | |
| FIIs | % | 16.6 | 11.1 | 149.5% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 14.6 | 15.1 | 96.7% | |
| Shareholders | 26,803 | 11,258 | 238.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare THERMAX With: BHEL BEML GRINDWELL NORTON HERCULES HOISTS BANCO PRODUCTS
Compare THERMAX With: DONGFANG ELEC. (China) ANSALDO STS (Italy) SHANGHAI ELEC. (China) ABB (Switz.)
Today's Market
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Indian share markets witnessed huge buying interest during the extended closing hours today and ended their day on a strong note.
Related Views on News
THERMAX Announces Quarterly Results (3QFY21); Net Profit Down 2.0% (Quarterly Result Update)
Feb 5, 2021 | Updated on Feb 5, 2021For the quarter ended December 2020, THERMAX has posted a net profit of Rs 833 m (down 2.0% YoY). Sales on the other hand came in at Rs 14 bn (up 0.0% YoY). Read on for a complete analysis of THERMAX's quarterly results.
THERMAX Announces Quarterly Results (2QFY21); Net Profit Up 21.6% (Quarterly Result Update)
Nov 6, 2020 | Updated on Nov 6, 2020For the quarter ended September 2020, THERMAX has posted a net profit of Rs 312 m (up 21.6% YoY). Sales on the other hand came in at Rs 11 bn (down 28.9% YoY). Read on for a complete analysis of THERMAX's quarterly results.
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THERMAX Announces Quarterly Results (1QFY21); Net Profit Down 124.3% (Quarterly Result Update)
Sep 15, 2020 | Updated on Sep 15, 2020For the quarter ended June 2020, THERMAX has posted a net profit of Rs 153 m (down 124.3% YoY). Sales on the other hand came in at Rs 7 bn (down 52.2% YoY). Read on for a complete analysis of THERMAX's quarterly results.
THERMAX Announces Quarterly Results (3QFY20); Net Profit Up 12.2% (Quarterly Result Update)
Feb 6, 2020 | Updated on Feb 6, 2020For the quarter ended December 2019, THERMAX has posted a net profit of Rs 850 m (up 12.2% YoY). Sales on the other hand came in at Rs 14 bn (down 1.8% YoY). Read on for a complete analysis of THERMAX's quarterly results.
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