SUZLON vs THERMAX: Stock Comparison

SUZLON ENERGY vs THERMAXUpdated 8 Sept 26, 1:23 PM ISTNSE & company filings

SUZLON ENERGY is the larger company by market capitalisation. SUZLON ENERGY shows a lower P/E, a higher ROE and faster revenue growth, while THERMAX shows a higher dividend yield. 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

SUZLON leads 8; THERMAX leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

SUZLONTHERMAX

Valuation lens

What price are you paying?

Market CapContext only
₹62,447 Cr
₹43,428 Cr
P/E RatioSUZLON has the lower reading
19.88x
72.76x
P/B RatioSUZLON has the lower reading
6.6x
7.78x
EPSTHERMAX has the higher reading
₹0.22
₹2.12
Book ValueContext only
₹6.89
₹468.22
Dividend YieldTHERMAX has the higher reading
0%
0.17%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
SUZLON is the larger company
₹62,447 Cr vs ₹43,428 Cr
P/E Ratio
SUZLON has a lower P/E
19.88x vs 72.76x
P/B Ratio
SUZLON has a lower P/B
6.6x vs 7.78x
EPS
THERMAX has higher earnings per share
₹2.12 vs ₹0.22
Dividend Yield
THERMAX has a higher dividend yield
0.17% vs 0%
Revenue Growth (TTM YoY)
SUZLON has faster revenue growth
44.9% vs 11.1%
EPS Growth (TTM YoY)
THERMAX has faster EPS growth
18.7% vs -5.6%
Qtr Sales Growth
THERMAX has stronger quarterly sales growth
76.73% vs -13.89%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricSUZLONTHERMAX
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricSUZLONTHERMAX
Live Price₹45.44₹3,648.5
Day Change-0.24%0.73%
Volume1.71 Cr1.15 L
52-Week High₹61.5₹5,277.8
52-Week Low₹38.19₹2,742.7
Distance from 52W High-26.11%-30.87%

Valuation

MetricSUZLONTHERMAX
Market Cap₹62,447 Cr₹43,428 Cr
P/E Ratio19.88x72.76x
P/B Ratio6.6x7.78x
EPS₹0.22₹2.12
Book Value₹6.89₹468.22
Dividend Yield0%0.17%

Growth

MetricSUZLONTHERMAX
Revenue Growth (TTM YoY)44.9%11.1%
EPS Growth (TTM YoY)-5.6%18.7%
Qtr Sales Growth-13.89%76.73%
Qtr Profit Growth0.4%220.39%

Profitability & Leverage

MetricSUZLONTHERMAX
ROE41.83%12.91%
ROCE41.6%11.4%
Net Margin18.49%6.78%
Operating Margin26.27%10.73%
Debt to Equity0x0.41x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricSUZLONTHERMAX
Promoter Holding11.71% 0.02 pp61.98%
FII Holding24.15% 0.3 pp11.46% 0.22 pp
DII Holding11.11% 1.93 pp15.22% 0.27 pp
Public Holding53.04% 2.19 pp5.88% 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: SUZLON ENERGY and THERMAX.

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.