Annual Report 2005-2006 of Thermax Limited

It is a broadly described annual report of Thermax Limited in the year of 2005-2006. During the financial year, Total assets of the Company stood at Rs. 487.88 Crore. The company has posted good results during the year with total sales revenues and other income of Rs. 1498 Crores, up from Rs. 941.2 Crores in the previous year. Profit before tax and extraordinary items of the Company are up at Rs. 192.5 Crores (previous year Rs. 83 Crores). During the year, The Company’s Profit after tax is higher at Rs. 123.3 Crores from Rs. 55.3 Crores in the previous year. During the year exports have increased to Rs. 308 Crores from Rs. 176 Crores last year. Earnings per Share (EPS) moved up significantly to Rs. 9.69 compared to Rs. 4.37 in 2004-05.

The Board of Directors of the Company has not recommended payment of @170% dividend on equity shares (Rs. 3.4 per share of face value Rs. 2/- each) for 2005-2006.

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