THERMAX vs VOLTAMP: Stock Comparison
THERMAX is the larger company by market capitalisation. THERMAX shows faster revenue growth, while VOLTAMP TRANSFORMERS 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 2; VOLTAMP leads 9 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 | THERMAX | VOLTAMP |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | THERMAX | VOLTAMP |
|---|---|---|
| Live Price | ₹3,186.2 | ₹10,063 |
| Day Change | -0.22% | -1.11% |
| Volume | 2,975 | 988 |
| 52-Week High | ₹5,277.8 | ₹12,863 |
| 52-Week Low | ₹2,742.7 | ₹6,666 |
| Distance from 52W High | -39.63% | -21.77% |
Valuation
| Metric | THERMAX | VOLTAMP |
|---|---|---|
| Market Cap | ₹38,173 Cr | ₹10,319 Cr |
| P/E Ratio | 64.33x | 32.55x |
| P/B Ratio | 6.88x | 5.76x |
| EPS | ₹2.12 | ₹90.17 |
| Book Value | ₹468.22 | ₹1,771.06 |
| Dividend Yield | 0.19% | 0.98% |
Growth
| Metric | THERMAX | VOLTAMP |
|---|---|---|
| Revenue Growth (TTM YoY) | 11.1% | -1.8% |
| EPS Growth (TTM YoY) | 18.7% | -50.5% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | THERMAX | VOLTAMP |
|---|---|---|
| ROE | 14.66% | 17.04% |
| ROCE | 14.69% | 17.83% |
| Net Margin | 6.78% | 14.18% |
| Operating Margin | 12.59% | 18.91% |
| Debt to Equity | 0.03x | 0x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | THERMAX | VOLTAMP |
|---|---|---|
| Promoter Holding | 61.98% | 30% |
| FII Holding | 11.31%▼ 0.15 pp | 20.48%▼ 1.05 pp |
| DII Holding | 14.94%▼ 0.28 pp | 35.48%▲ 1.63 pp |
| Public Holding | 6.32%▲ 0.44 pp | 13.98%▼ 0.57 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 VOLTAMP TRANSFORMERS.
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.