Thermax Ltd. benchmarking: Performance to industry peers

Financial

	Thermax	JNK India	Bharat Heavy Elect.
Operational Metrics
Engineering & Capital Goods
Annualized Order Inflows	17960.0 Crs	9327.0 Crs	47943.84 Crs
Infrastructure
Order Book as a % of Sales	99.21 %	226.98 %	717.7 %
Financials
5 yr Average ROE	10.86 %	34.13 %	1.53 %
5yr average Equity Multiplier	2.2	2.8	2.2
5yr Average Asset Turnover Ratio	0.87	0.99	0.41
5yr Avg Net Profit Margin	5.6 %	10.97 %	-1.52 %
Price to Book	9.9	4.78	5.11
P/E	76.28	41.76	83.45
5yr Avg Cash Conversion Cycle	4.36 Days	80.03 Days	-90.81 Days
Inventory Days	30.15 Days	46.22 Days	106.04 Days
Days Receivable	71.81 Days	217.93 Days	59.2 Days
Days Payable	116.69 Days	189.0 Days	285.23 Days
5yr Average Interest Coverage Ratio	12.41	12.3	0.12
5yr Avg ROCE	14.05 %	44.6 %	0.96 %
5yr Avg Operating Profit Margin	7.74 %	16.65 %	-16.84 %
5 yr average Debt to Equity	0.21	0.18	0.26
5yr CAGR Net Profit	18.2 %	12.67 %	n/a
5yr Average Return on Assets	4.89 %	11.32 %	-0.35 %
Shareholdings
Promoter Holding	61.98 %	67.79 %	58.17 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.18 %	-5.0 %
Change in Mutual Fund Holding (3 Yrs)	0.13 %	6.55 %	8.86 %

Business

	Thermax	JNK India	Bharat Heavy Elect.
Product Wise Break-Up	Product Wise Break-Up Boilers 74.0 Air Pollution Control Equipment 16.0 Flares, Incinerators and Others 0 Heating Equipment 0 0 0 0 Construction of Power Plant 0 Others 10.0	Product Wise Break-Up Heating Equipment 59.6 Air Pollution Control Equipment 0 Flares, Incinerators and Others 6.3 Boilers 0 Construction of Power Plant 0 0 0 0 Others 34.1	Product Wise Break-Up Heating Equipment 0 Air Pollution Control Equipment 0 Flares, Incinerators and Others 0 Boilers 0 Construction of Power Plant 22.0 Turbine, Generator sets including auxiliary 37.0 Steam Generators including auxiliary Plant 29.0 Electric Motors 3.0 Others 9.0
Segment Break-Up	Segment Break-Up Chemicals 5.47 Energy 0 Environment 0 Industry 0 Power 0 Others 94.53	-	Segment Break-Up Energy 0 Power 77.25 Industry 22.75 Chemicals 0 Environment 0
Location Wise Break-Up	Location Wise Break-Up India 77.63 Rest of the World 22.37 Nigeria 0 Italy 0 South Korea 0	Location Wise Break-Up Rest of the World 0 Nigeria 0 South Korea 0 India 85.31 Italy 0 Others 14.69	Location Wise Break-Up Rest of the World 1.68 Nigeria 0 South Korea 0 India 98.32 Italy 0
Operating Profit Break-Up	Operating Profit Break-Up Industry 0 Power 0 Others 100	-	Operating Profit Break-Up Industry 26.47 Power 73.53
Order Book Break-Up - Location Wise	Order Book Break-Up - Location Wise Domestic 65.2 Export 34.8	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Others 100	-	-
Order Book Break-Up	Order Book Break-Up Chemicals 5.08 Environment 0 Energy 0 International Operations 0 Industry Sector 0 Power Sector 0 Others 94.92	-	Order Book Break-Up International Operations 0 Industrial & Commercial 21.0 Energy 0 Power 79.0 Chemicals 0 Environment 0

Thermax Ltd.

Thermax Ltd.

Financial

Business

SIGN UP FOR FREE