StoxAstral vs Thermax: share price & financials comparison
NSE: ASTRAL vs THERMAX · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Astral vs Thermax at a glance
Astral (ASTRAL) has a market capitalisation of ₹33,722 Cr, against ₹30,937 Cr for Thermax (THERMAX). Over the past year Astral has returned -14.4%, compared with -16.0% for Thermax. On valuation, Thermax trades at a lower P/E of 52.6 versus 59.4. Astral earns a higher return on equity (13.4% vs 10.7%). Astral comes out ahead on profitability, financial health, momentum and technicals. Thermax comes out ahead on size, valuation and growth. Across the scored metrics below, Astral leads on 10 and Thermax on 8. On StoxGud's 10-point checklist, Astral scores 2/10 and Thermax scores 2/10.
| Metric | Astral | Thermax |
|---|---|---|
| Size | ||
| Market cap | ₹33,722 Cr | ₹30,937 Cr |
| Revenue (latest FY) | ₹6,569 Cr | ₹10,694 Cr |
| Net profit (latest FY) | ₹537 Cr | ₹720 Cr |
| Valuation | ||
| P/E | 59.4 | 52.6 |
| P/B | 7.95 | 5.64 |
| Dividend yield | 0.30% | 0.51% |
| Profitability | ||
| Return on equity | 13.4% | 10.7% |
| Net profit margin | 7.9% | 5.3% |
| Operating margin | 15.5% | 8.0% |
| Growth | ||
| Revenue growth (YoY) | +26.0% | +11.4% |
| Net profit growth (YoY) | -5.6% | -4.3% |
| Revenue CAGR (multi-year) | +15.6% | +17.4% |
| Financial health | ||
| Debt to equity | 0.05 | 0.52 |
| Momentum | ||
| 1-month return | -12.2% | -15.0% |
| 1-year return | -14.4% | -16.0% |
| 3-year CAGR | -12.2% | -1.7% |
| 5-year CAGR | -5.9% | +15.0% |
| 10-year CAGR | +20.5% | +12.5% |
| Distance from 52W high | -28.2% | -46.8% |
| Technicals | ||
| RSI (14) | 28 | 27 |
| Price vs 200-day avg | -16.3% | -27.8% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Astral | Thermax |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 2/10 | 2/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Astral or Thermax?
Astral has a market cap of ₹33,722 Cr and Thermax has a market cap of ₹30,937 Cr as of 06 Nov 2026.
Which has a lower P/E, Astral or Thermax?
Thermax has the lower P/E: Astral trades at 59.4 and Thermax at 52.6.
Which gave better returns in the last year, Astral or Thermax?
Astral did better: Astral returned -14.4% and Thermax returned -16.0% over one year.
Is Astral or Thermax a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Astral scores 2/10 and Thermax scores 2/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.