Annual Report 2016-2017 of Thermax Limited

It is a broadly described annual report of Thermax Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 4,595.60 Crore. The company posted total revenue of Rs. 3,973 Crore for the financial year 2016-17, against last year’s Rs. 4,573 Crore, a decrease of 13.1%. During the year, revenue from exports, including deemed exports, was Rs. 1,176 Crore against Rs. 1,446 Crore in the previous year. Profit before tax and exceptional items at Rs. 407 Crore was 10.2% of the total revenue, compared to Rs. 423 Crore, at 9.2% in the previous year. During the year, the Company’s Profit after tax and exceptional items stood at Rs. 145 Crore compared to Rs. 297 Crore in the previous year. Earnings per share (EPS) were at Rs. 12.15 (Rs. 24.97 in FY 2015-16). The paid-up equity share capital of the company was Rs. 23.83 Crore as on 31^st March 2017.

The Board of Directors of the Company has recommended a dividend of Rs. 6/- (@300%) per equity share of the face value Rs. 2/- each for the year 2016-2017.

More Annual Report of Thermax Limited: