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Thermax Limited

StockNSE: THERMAX· Capital Goods· Heavy Electrical Equipment· Face value ₹2· Market cap ₹47,287 Cr

₹3,968.50

0.78%

Delayed · as of 26 Aug 2026

52-wk closing range ₹2,773.80₹5,159.50

Dividend per share by financial year

Dividend per share by financial year
Financial yearTotal dividend
FY02₹1.00
FY06₹2.40
FY07₹3.40
FY08₹2.60
FY09₹8.00
FY10₹5.00
FY11₹5.00
FY12₹9.00
FY13₹7.00
FY14₹7.00
FY15₹6.00
FY16₹7.00
FY17₹6.00
FY18₹6.00
FY19₹6.00
FY20₹14.00
FY22₹7.00
FY23₹9.00
FY24₹10.00
FY25₹12.00
FY26₹14.00
FY27₹20.00
Dividend per share. FY27 is in progress: that bar shows what has been declared so far, not a full year.

Recent payouts

24 on record since FY02
TypeAmountEx-date
FINAL₹14.0003 Jul 2026
SPECIAL₹6.0003 Jul 2026
FINAL₹14.0004 Jul 2025
FINAL₹12.0005 Jul 2024
FINAL₹10.0021 Jul 2023
Against the marketIndex yields as of 26 Aug 2026+ Show
This dividend yield
0.50%
Nifty 50
1.16%
2.3× below
Nifty Dividend Opportunities 50
2.16%
4.3× below

Index dividend yields are published by NSE alongside the closing levels. The dividend index is the fairer comparison: measured against the broad market almost every instrument here looks generous. A higher yield is not automatically better — it can mean a falling price as easily as a rising payout, which is what the chart above separates.

Yield through time

259 sessions · 07 Aug 202526 Aug 2026

Trailing twelve-month payout divided by that session’s closing price, so a move here is either the payout changing or the price changing — the two readings a single current yield cannot tell apart. Ranged 0.27% to 0.74% over this window, ending at 0.50%. Closes and payouts are both split-adjusted, so a split does not appear as a change in yield. Tap or drag the chart to read a single session.

Others in Heavy Electrical Equipment6 instruments+ Show

Similar current yields

Same asset type, ordered by distance from this instrument’s published trailing-12-month yield. These are not business-sector peers or recommendations.

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