SKIPPER vs THERMAX: Stock Comparison
THERMAX is the larger company by market capitalisation. SKIPPER shows a lower P/E, faster revenue growth and a higher ROCE, while THERMAX shows a higher ROE, a higher dividend yield and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
SKIPPER leads 6; THERMAX leads 5 of 13
Interactive comparison
Compare the numbers that shape the decision
Every row uses its own scale. Switch lenses to compare like with like.
Valuation lens
What price are you paying?
✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Live Price | ₹508.9 | ₹3,200 |
| Day Change | -0.22% | 0.22% |
| Volume | 1,200 | 395 |
| 52-Week High | ₹616.8 | ₹5,277.8 |
| 52-Week Low | ₹327.05 | ₹2,742.7 |
| Distance from 52W High | -17.49% | -39.37% |
Valuation
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Market Cap | ₹6,208 Cr | ₹38,173 Cr |
| P/E Ratio | 25.55x | 64.33x |
| P/B Ratio | 3.85x | 6.88x |
| EPS | ₹5.03 | ₹2.12 |
| Book Value | ₹132.08 | ₹468.22 |
| Dividend Yield | 0.04% | 0.19% |
Growth
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Revenue Growth (TTM YoY) | 29.4% | 11.1% |
| EPS Growth (TTM YoY) | 62.3% | 18.7% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | SKIPPER | THERMAX |
|---|---|---|
| ROE | 14.29% | 14.66% |
| ROCE | 16.08% | 14.69% |
| Net Margin | 3.84% | 6.78% |
| Operating Margin | 9.14% | 12.59% |
| Debt to Equity | 0.62x | 0.03x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | SKIPPER | THERMAX |
|---|---|---|
| Promoter Holding | 61.48% | 61.98% |
| FII Holding | 10.31%▼ 0.34 pp | 11.31%▼ 0.15 pp |
| DII Holding | 2.41%▲ 0.18 pp | 14.94%▼ 0.28 pp |
| Public Holding | 25.81%▲ 0.17 pp | 6.32%▲ 0.44 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: SKIPPER and THERMAX.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

