StoxThermax vs Shyam Metalics and Energy: share price & financials comparison
NSE: THERMAX vs SHYAMMETL · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Thermax vs Shyam Metalics and Energy at a glance
Thermax (THERMAX) has a market capitalisation of ₹31,274 Cr, against ₹36,633 Cr for Shyam Metalics and Energy (SHYAMMETL). Over the past year Shyam Metalics and Energy has returned +48.4%, compared with -15.1% for Thermax. On valuation, Shyam Metalics and Energy trades at a lower P/E of 26.7 versus 53.2. Shyam Metalics and Energy earns a higher return on equity (11.1% vs 10.7%). Shyam Metalics and Energy comes out ahead on size, valuation, profitability, growth, financial health, momentum and technicals. Across the scored metrics below, Thermax leads on 1 and Shyam Metalics and Energy on 15. On StoxGud's 10-point checklist, Thermax scores 2/10 and Shyam Metalics and Energy scores 7/10.
| Metric | Thermax | Shyam Metalics and Energy |
|---|---|---|
| Size | ||
| Market cap | ₹31,274 Cr | ₹36,633 Cr |
| Revenue (latest FY) | ₹10,694 Cr | ₹18,552 Cr |
| Net profit (latest FY) | ₹720 Cr | ₹1,070 Cr |
| Valuation | ||
| P/E | 53.2 | 26.7 |
| P/B | 5.70 | 2.97 |
| Dividend yield | 0.50% | 0.31% |
| Profitability | ||
| Return on equity | 10.7% | 11.1% |
| Net profit margin | 5.3% | 6.5% |
| Operating margin | 8.0% | 13.3% |
| Growth | ||
| Revenue growth (YoY) | +11.4% | +33.7% |
| Net profit growth (YoY) | -4.3% | — |
| Revenue CAGR (multi-year) | +17.4% | +24.1% |
| Financial health | ||
| Debt to equity | 0.52 | 0.11 |
| Momentum | ||
| 1-month return | -15.8% | +19.9% |
| 1-year return | -15.1% | +48.4% |
| 3-year CAGR | -1.5% | +40.6% |
| 5-year CAGR | +11.3% | +30.7% |
| 10-year CAGR | +12.6% | — |
| Distance from 52W high | -46.2% | -1.2% |
| Technicals | ||
| RSI (14) | 36 | 86 |
| Price vs 200-day avg | -26.9% | +35.9% |
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 | Shyam Metalics and Energy |
|---|---|---|
| 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 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Thermax or Shyam Metalics and Energy?
Thermax has a market cap of ₹31,274 Cr and Shyam Metalics and Energy has a market cap of ₹36,633 Cr as of 13 Nov 2026.
Which has a lower P/E, Thermax or Shyam Metalics and Energy?
Shyam Metalics and Energy has the lower P/E: Thermax trades at 53.2 and Shyam Metalics and Energy at 26.7.
Which gave better returns in the last year, Thermax or Shyam Metalics and Energy?
Shyam Metalics and Energy did better: Thermax returned -15.1% and Shyam Metalics and Energy returned +48.4% over one year.
What is the difference between Thermax and Shyam Metalics and Energy?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹31,274 Cr vs ₹36,633 Cr). In the latest financial year Thermax reported revenue of ₹10,694 Cr and Shyam Metalics and Energy ₹18,552 Cr. Operating margin is 8.0% for Thermax and 13.3% for Shyam Metalics and Energy. Debt to equity is 0.52 for Thermax and 0.11 for Shyam Metalics and Energy.
Which is better, Thermax or Shyam Metalics and Energy?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Thermax leads on 1 and Shyam Metalics and Energy on 15. Shyam Metalics and Energy is ahead on size, valuation, profitability, growth, financial health, momentum and technicals. On StoxGud's rules-based checklist Thermax scores 2/10 and Shyam Metalics and Energy scores 7/10. This is information, not advice: consult a SEBI-registered adviser before investing.