Thermax Limited shares surge 12% after strong Q4 FY26 results
Business
Thermax Limited's stock shot up 12% on Friday, its biggest single-day rise in four years, after the company posted much better-than-expected profits and revenue for Q4 FY26.
Shares riding high on investor excitement.
Thermax nets ₹244.3cr, ₹1,600cr boiler win
Net profit rose 19% year over year to ₹244.3 crore, easily beating forecasts.
Revenue was up 12.5%, and the board even proposed a ₹14-per-share final dividend.
Strong orders from industrial products and infrastructure helped, plus a big ₹1,600 crore boiler package win.
While most segments performed well, chemicals struggled with higher costs, and green solutions faced some project overrun costs, but overall results left investors feeling upbeat.