Thermax Limited has informed the Exchange about Bagging/Receiving of orders/contracts
THERMAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts more than Nifty Midcap 150 and 6.1 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly owned subsidiary of Thermax, has won a contract worth approximately Rs. 1,600 Crore (excluding GST). The order is from Anuppur Powerprojects Private Limited and involves design, engineering, manufacturing, supply, supervision of installation and commissioning, and performance testing of a boiler package for a 1 × 800 MW ultra-supercritical thermal power plant in Anuppur district, Madhya Pradesh. The contract is domestic and was signed on March 27, 2026. Execution timelines are tied to project milestones. There is no promoter or related-party interest in the awarding entity.
This is a sizable single order that meaningfully strengthens TBWES's order book and provides multi-year revenue visibility. Positive for the stock in the near term, though actual financial impact will play out over the contract execution period.