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Thermax Ltd order book

Energy & Power Large Cap Scrip 500411 · Mar 2026 – Mar 2026

Orders won

₹3,200 cr
2 disclosed to the exchanges

Versus market value

0.09×
market cap ₹37,083 cr

Versus yearly sales

0.30×
sales ₹10,694 cr

Largest single order

₹1,600 cr
50% of the total

Every order Thermax Ltd disclosed to the exchanges

Newest first. The shaded bar shows each order's share of the ₹3,200 crore total, so the ones that moved the needle are visible without reading every figure. Each links to our analysis of that filing.

What this does and does not say. ₹3,200 crore is order inflow — the value of new orders Thermax Ltd told the exchanges about in this period. It is not the company's stated closing order book, and the two are different numbers. Set against annual sales of ₹10,694 crore (Year ended Mar 31, 2026, reported as “10,694.15 Crore”), that is 0.30× a year's revenue already contracted. Every figure above is reproduced from the company's own disclosure and shown beside the original wording, so each one can be checked against the filing it came from.

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