THERMAX vs TRITURBINE: Stock Comparison

Thermax Ltd vs Triveni Turbine Ltd

Live data: 31 July 2026, 4:08 PM IST • Source: NSE and company filings

Thermax Ltd is the larger company by market capitalisation. Triveni Turbine Ltd 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.

Side-by-side comparison of Thermax Ltd and Triveni Turbine Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, THERMAX is more favourable on 3 of 13 scored metrics and TRITURBINE on 10These counts are context-free and are not an overall rating.

Key Differences

Market Cap
THERMAX is the larger company
₹50,820 Cr vs ₹19,121 Cr
P/E Ratio
TRITURBINE has a lower P/E
54.79x vs 86.84x
P/B Ratio
THERMAX has a lower P/B
9.28x vs 13.25x
EPS
THERMAX has higher earnings per share
₹49.8 vs ₹11
Dividend Yield
TRITURBINE has a higher dividend yield
0.66% vs 0.33%
Revenue Growth (TTM YoY)
TRITURBINE has faster revenue growth
26.3% vs 11.1%
EPS Growth (TTM YoY)
THERMAX has faster EPS growth
18.7% vs 7.4%
Qtr Sales Growth
TRITURBINE has stronger quarterly sales growth
26.3% vs 6.73%

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

Profile

MetricTHERMAXTRITURBINE
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricTHERMAXTRITURBINE
Live Price₹4,306₹601.7
Day Change1.28%-0.95%
Volume37.46 L6.69 L
52-Week High₹5,277.8₹787.6
52-Week Low₹2,742.7₹428.35
Distance from 52W High-18.41%-23.6%

Valuation

MetricTHERMAXTRITURBINE
Market Cap₹50,820 Cr₹19,121 Cr
P/E Ratio86.84x54.79x
P/B Ratio9.28x13.25x
EPS₹49.8₹11
Book Value₹466₹45.5
Dividend Yield0.33%0.66%

Growth

MetricTHERMAXTRITURBINE
Revenue Growth (TTM YoY)11.1%26.3%
EPS Growth (TTM YoY)18.7%7.4%
Qtr Sales Growth6.73%26.3%
Qtr Profit Growth-83.4%8.52%

Profitability & Leverage

MetricTHERMAXTRITURBINE
ROE10.6%27.1%
ROCE13.9%35.9%
Net Margin6.78%16.03%
Operating Margin8.02%20.6%
Debt to Equity0.42x0.02x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricTHERMAXTRITURBINE
Promoter Holding61.98%55.84%
FII Holding11.46% 0.22 pp20.58% 0.23 pp
DII Holding15.22% 0.27 pp15.98% 0.54 pp
Public Holding5.88% 0.06 pp7.6% 0.76 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 Ltd and Triveni Turbine Ltd.

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.