LT vs THERMAX: Larsen & Toubro Limited vs Thermax Limited
Side-by-side comparison of key financial metrics, valuation ratios, profitability, growth, and risk-adjusted returns. Both companies are in the Industrials sector. Both are listed in India.

LT•NSE
₹4,096.10
-0.58%

THERMAX•NSE
₹4,141.40
+0.36%
Quick Summary
Larsen & Toubro Limited is 12.1× the market cap of Thermax Limited. LT trades at a lower P/E than THERMAX. THERMAX offers the higher dividend yield.
Price & Performance
| Metric | LT | THERMAX |
|---|---|---|
| Current Price | ₹4,096.10 | ₹4,141.40 |
| Daily Change | -0.58% | 0.36% |
| 52-Week High | ₹4,418.10 | ₹4,141.40 |
| 52-Week Low | ₹3,434.50 | ₹2,771.00 |
| 50-Day MA | ₹3,901.61 | ₹3,221.09 |
| 200-Day MA | ₹3,835.64 | ₹3,192.27 |
| Beta | 0.42 | 0.01 |
Size & Revenue
| Metric | LT | THERMAX |
|---|---|---|
| Market Cap | $5.63T | $464.83B |
| Enterprise Value | $6.31T | $452.35B |
| Revenue (TTM) | $2.83T | $103.32B |
| Shares Outstanding | 1.38B | 112.65M |
| Float | 1.14B | 32.52M |
| Employees | 54,596 | 5,601 |
Valuation
| Metric | LT | THERMAX |
|---|---|---|
| Trailing P/E | 32.07 | 68.25 |
| Forward P/E | 22.73 | 39.37 |
| PEG Ratio | 1.06 | — |
| Price / Sales | 1.99 | 4.50 |
| Price / Book | 5.59 | 9.11 |
| EV / EBITDA | 18.29 | 34.83 |
Profitability
| Metric | LT | THERMAX |
|---|---|---|
| Profit Margin | 5.75% | 6.60% |
| Operating Margin (TTM) | 10.68% | 7.65% |
| Return on Equity | 16.52% | 12.18% |
| Return on Assets | 4.71% | 3.83% |
| Diluted EPS (TTM) | 127.71 | 60.46 |
Growth
| Metric | LT | THERMAX |
|---|---|---|
| Revenue Growth (YoY) | 11.10% | 5.10% |
| Earnings Growth (YoY) | -4.30% | 76.10% |
Dividends
| Metric | LT | THERMAX |
|---|---|---|
| Dividend Yield | 0.00% | 0.00% |
| Dividend / Share | 0.00 | 0.00 |
Risk-Adjusted Returns & Quality
| Metric | LT | THERMAX |
|---|---|---|
| Sortino (Composite) | 10.71 | 8.56 |
| Sharpe (Composite) | 5.66 | 18.96 |
| Calmar (Composite) | 0.80 | 25.67 |
| Hurst Exponent | 0.7805 | 0.7157 |
| Piotroski F-Score | 5/9 | 4/9 |
| Magic Formula Rank | #12,855 | #16,808 |
Ownership
| Metric | LT | THERMAX |
|---|---|---|
| % Insiders | 1718.60% | 7367.80% |
| % Institutions | 4915.80% | 2095.50% |
Compare LT to peers
Compare THERMAX to peers
Green highlighting indicates the more favorable value for each metric. Data is for informational purposes only and may be delayed.