THERMAXNSEThermax Limited· Electrical EquipmentMediumNeutral
Announced Thu, 7 May · 18:16 IST

Thermax Limited has informed the Exchanges about the appointment of Chief Human Resources Officer and Senior management Personnel of the Company

Management Changes View source PDF

THERMAX · price

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Price reaction · full curve 14 horizons · vs prior close
+8.0%1-day move
₹4200.00
prior close
₹4370.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+2.3+3.4+3.4+8.0+6.9+8.3+9.3+7.0+4.9+18.3+11.4+9.5
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AI summary

Thermax Limited's Board approved audited financial results for Q4 and FY2026. Consolidated revenue grew to Rs. 10,694 crore (up 3% YoY) with profit before tax of Rs. 1,008 crore. The company declared a total dividend of Rs. 20 per share (including Rs. 6 special dividend for 60th anniversary), payable after shareholder approval with record date July 3, 2026. The Board re-appointed Dr. Ravi Shankar Gopinath as Non-Executive Independent Director for another 5-year term from November 2026. Ms. Kavita Singh was appointed as Chief Human Resources Officer and Senior Management Personnel effective May 25, 2026. Ms. Singh brings over 24 years of HR experience across FMCG, manufacturing, and financial services sectors.

Likely market impact

The strong financial performance with improved profitability and generous dividend payout (including a special dividend) signals healthy cash generation and shareholder focus. The CHRO appointment indicates continued investment in human capital management amid growth.