StoxThermax vs Escorts Kubota: share price & financials comparison
NSE: THERMAX vs ESCORTS · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Thermax vs Escorts Kubota at a glance
Thermax (THERMAX) has a market capitalisation of ₹31,274 Cr, against ₹26,871 Cr for Escorts Kubota (ESCORTS). Over the past year Thermax has returned -15.1%, compared with -37.2% for Escorts Kubota. On valuation, Escorts Kubota trades at a lower P/E of 20.4 versus 53.2. Thermax earns a higher return on equity (10.7% vs 10.4%). Thermax comes out ahead on growth. Escorts Kubota comes out ahead on size, valuation, profitability, financial health and technicals. Across the scored metrics below, Thermax leads on 6 and Escorts Kubota on 12. On StoxGud's 10-point checklist, Thermax scores 2/10 and Escorts Kubota scores 4/10.
| Metric | Thermax | Escorts Kubota |
|---|---|---|
| Size | ||
| Market cap | ₹31,274 Cr | ₹26,871 Cr |
| Revenue (latest FY) | ₹10,694 Cr | ₹11,540 Cr |
| Net profit (latest FY) | ₹720 Cr | ₹2,394 Cr |
| Valuation | ||
| P/E | 53.2 | 20.4 |
| P/B | 5.70 | 2.13 |
| Dividend yield | 0.50% | 1.47% |
| Profitability | ||
| Return on equity | 10.7% | 10.4% |
| Net profit margin | 5.3% | 10.4% |
| Operating margin | 8.0% | 11.5% |
| Growth | ||
| Revenue growth (YoY) | +11.4% | +16.2% |
| Net profit growth (YoY) | -4.3% | -21.4% |
| Revenue CAGR (multi-year) | +17.4% | +10.5% |
| Financial health | ||
| Debt to equity | 0.52 | 0.00 |
| Momentum | ||
| 1-month return | -15.8% | -10.1% |
| 1-year return | -15.1% | -37.2% |
| 3-year CAGR | -1.5% | -8.5% |
| 5-year CAGR | +11.3% | +7.9% |
| 10-year CAGR | +12.6% | +23.2% |
| Distance from 52W high | -46.2% | -39.4% |
| Technicals | ||
| RSI (14) | 36 | 31 |
| Price vs 200-day avg | -26.9% | -20.5% |
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 | Thermax | Escorts Kubota |
|---|---|---|
| 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 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Thermax or Escorts Kubota?
Thermax has a market cap of ₹31,274 Cr and Escorts Kubota has a market cap of ₹26,871 Cr as of 13 Nov 2026.
Which has a lower P/E, Thermax or Escorts Kubota?
Escorts Kubota has the lower P/E: Thermax trades at 53.2 and Escorts Kubota at 20.4.
Which gave better returns in the last year, Thermax or Escorts Kubota?
Thermax did better: Thermax returned -15.1% and Escorts Kubota returned -37.2% over one year.
What is the difference between Thermax and Escorts Kubota?
Both are NSE-listed companies in Capital Goods. Thermax is about 1.2 times the size of Escorts Kubota by market cap. In the latest financial year Thermax reported revenue of ₹10,694 Cr and Escorts Kubota ₹11,540 Cr. Operating margin is 8.0% for Thermax and 11.5% for Escorts Kubota. Debt to equity is 0.52 for Thermax and 0.00 for Escorts Kubota.
Which is better, Thermax or Escorts Kubota?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Thermax leads on 6 and Escorts Kubota on 12. Thermax is ahead on growth. Escorts Kubota is ahead on size, valuation, profitability, financial health and technicals. On StoxGud's rules-based checklist Thermax scores 2/10 and Escorts Kubota scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.