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 8; 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 | ₹551.55 | ₹3,682 |
| Day Change | -5.39% | 1% |
| Volume | 21.63 L | 84,569 |
| 52-Week High | ₹616.8 | ₹5,277.8 |
| 52-Week Low | ₹327.05 | ₹2,742.7 |
| Distance from 52W High | -10.58% | -30.24% |
Valuation
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Market Cap | ₹6,737 Cr | ₹43,853 Cr |
| P/E Ratio | 27.72x | 73.9x |
| P/B Ratio | 4.18x | 7.9x |
| EPS | ₹5.03 | ₹-1.52 |
| Book Value | ₹132.08 | ₹468.22 |
| Dividend Yield | 0.05% | 0.16% |
Growth
| Metric | SKIPPER | THERMAX |
|---|---|---|
| Revenue Growth (TTM YoY) | 29.4% | 11.1% |
| EPS Growth (TTM YoY) | 62.3% | 18.7% |
| Qtr Sales Growth | 0% | -43.42% |
| Qtr Profit Growth | 0.6% | -183.07% |
Profitability & Leverage
| Metric | SKIPPER | THERMAX |
|---|---|---|
| ROE | 14.29% | 14.66% |
| ROCE | 15.38% | 15.03% |
| Net Margin | 3.84% | 6.78% |
| Operating Margin | 8.87% | 12.58% |
| Debt to Equity | 0.62x | 0.03x |
Shareholding
As of Jul 2026 • change vs previous quarter| Metric | SKIPPER | THERMAX |
|---|---|---|
| Promoter Holding | 61.48%▼ 5.02 pp | 61.98% |
| FII Holding | 10.65%▲ 6.54 pp | 11.46%▲ 0.22 pp |
| DII Holding | 2.23%▲ 0.31 pp | 15.22%▼ 0.27 pp |
| Public Holding | 25.64%▼ 1.83 pp | 5.88%▲ 0.06 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.

