THERMAX vs TRANSRAILL: Stock Comparison

THERMAX vs TRANSRAIL LIGHTINGUpdated 8 Sept 26, 1:23 PM ISTNSE & company filings

THERMAX is the larger company by market capitalisation. THERMAX shows faster revenue growth and a higher net margin, while TRANSRAIL LIGHTING shows a lower P/E, a higher ROE and 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

THERMAX leads 5; TRANSRAILL leads 8 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.

THERMAXTRANSRAILL

Valuation lens

What price are you paying?

Market CapContext only
₹43,428 Cr
₹5,646 Cr
P/E RatioTRANSRAILL has the lower reading
72.76x
13.95x
P/B RatioTRANSRAILL has the lower reading
7.78x
2.48x
EPSTRANSRAILL has the higher reading
₹2.12
₹8.04
Book ValueContext only
₹468.22
₹169.92
Dividend YieldTRANSRAILL has the higher reading
0.17%
0.71%

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

Key Differences

Market Cap
THERMAX is the larger company
₹43,428 Cr vs ₹5,646 Cr
P/E Ratio
TRANSRAILL has a lower P/E
13.95x vs 72.76x
P/B Ratio
TRANSRAILL has a lower P/B
2.48x vs 7.78x
EPS
TRANSRAILL has higher earnings per share
₹8.04 vs ₹2.12
Dividend Yield
TRANSRAILL has a higher dividend yield
0.71% vs 0.17%
Revenue Growth (TTM YoY)
THERMAX has faster revenue growth
11.1% vs -5.7%
EPS Growth (TTM YoY)
THERMAX has faster EPS growth
18.7% vs -27.8%
Qtr Sales Growth
THERMAX has stronger quarterly sales growth
76.73% vs 0.13%

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

Profile

MetricTHERMAXTRANSRAILL
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricTHERMAXTRANSRAILL
Live Price₹3,648.5₹419.8
Day Change0.73%0.06%
Volume1.15 L2.97 L
52-Week High₹5,277.8₹823
52-Week Low₹2,742.7₹418
Distance from 52W High-30.87%-48.99%

Valuation

MetricTHERMAXTRANSRAILL
Market Cap₹43,428 Cr₹5,646 Cr
P/E Ratio72.76x13.95x
P/B Ratio7.78x2.48x
EPS₹2.12₹8.04
Book Value₹468.22₹169.92
Dividend Yield0.17%0.71%

Growth

MetricTHERMAXTRANSRAILL
Revenue Growth (TTM YoY)11.1%-5.7%
EPS Growth (TTM YoY)18.7%-27.8%
Qtr Sales Growth76.73%0.13%
Qtr Profit Growth220.39%-2.42%

Profitability & Leverage

MetricTHERMAXTRANSRAILL
ROE12.91%17.67%
ROCE11.4%20.87%
Net Margin6.78%5.94%
Operating Margin10.73%11.4%
Debt to Equity0.41x0.29x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricTHERMAXTRANSRAILL
Promoter Holding61.98%71.12%
FII Holding11.46% 0.22 pp2.49% 0.33 pp
DII Holding15.22% 0.27 pp6.52% 1.63 pp
Public Holding5.88% 0.06 pp19.88% 1.31 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: THERMAX and TRANSRAIL LIGHTING.

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.