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1) Capable management who over the years has invested in developing newer products and technological capabilities before the crowd by perfectly predicting changing global technological and environmental scenarios. Over the last decade due to this reason company has invested in developing in-house solutions for FGD, coal gasification, waste to energy solutions, Solar EPC solutions, fuel cells, etc.
2) Leader in supplying process plant equipment across diversified industries in the country
3) Thermax has a better CFO/EBITDA (%) conversion ratio than its peers operating in the industry. Also, the reason for better conversion is due to well-managed working capital management.
4) The reason Thermax gets high big order inflows compared to industry peers is due to Thermax’s track record of executing complex products and orders on time without affecting cost and quality.
5) FY22 has been a strong year in order inflows for Thermax with Rs31bn large orders (FGD, refineries, etc)
2) Leader in supplying process plant equipment across diversified industries in the country
3) Thermax has a better CFO/EBITDA (%) conversion ratio than its peers operating in the industry. Also, the reason for better conversion is due to well-managed working capital management.
4) The reason Thermax gets high big order inflows compared to industry peers is due to Thermax’s track record of executing complex products and orders on time without affecting cost and quality.
5) FY22 has been a strong year in order inflows for Thermax with Rs31bn large orders (FGD, refineries, etc)