StoxTube Investments of India vs Thermax: share price & financials comparison
NSE: TIINDIA vs THERMAX · Automobile and Auto Components · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Tube Investments of India vs Thermax at a glance
Tube Investments of India (TIINDIA) has a market capitalisation of ₹43,696 Cr, against ₹31,274 Cr for Thermax (THERMAX). Over the past year Thermax has returned -15.1%, compared with -24.6% for Tube Investments of India. On valuation, Thermax trades at a lower P/E of 53.2 versus 65.3. Thermax earns a higher return on equity (10.7% vs 8.2%). Tube Investments of India comes out ahead on growth, financial health and technicals. Thermax comes out ahead on size, valuation, profitability and momentum. Across the scored metrics below, Tube Investments of India leads on 9 and Thermax on 8. On StoxGud's 10-point checklist, Tube Investments of India scores 3/10 and Thermax scores 2/10.
| Metric | Tube Investments of India | Thermax |
|---|---|---|
| Size | ||
| Market cap | ₹43,696 Cr | ₹31,274 Cr |
| Revenue (latest FY) | ₹22,847 Cr | ₹10,694 Cr |
| Net profit (latest FY) | ₹637 Cr | ₹720 Cr |
| Valuation | ||
| P/E | 65.3 | 53.2 |
| P/B | 5.39 | 5.70 |
| Dividend yield | 0.39% | 0.50% |
| Profitability | ||
| Return on equity | 8.2% | 10.7% |
| Net profit margin | 2.6% | 5.3% |
| Operating margin | 9.6% | 8.0% |
| Growth | ||
| Revenue growth (YoY) | +32.7% | +11.4% |
| Net profit growth (YoY) | +33.4% | -4.3% |
| Revenue CAGR (multi-year) | +30.3% | +17.4% |
| Financial health | ||
| Debt to equity | 0.06 | 0.52 |
| Momentum | ||
| 1-month return | +2.8% | -15.8% |
| 1-year return | -24.6% | -15.1% |
| 3-year CAGR | -10.6% | -1.5% |
| 5-year CAGR | +5.6% | +11.3% |
| 10-year CAGR | — | +12.6% |
| Distance from 52W high | -31.8% | -46.2% |
| Technicals | ||
| RSI (14) | 64 | 36 |
| Price vs 200-day avg | -16.2% | -26.9% |
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 | Tube Investments of India | 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 | 3/10 | 2/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Tube Investments of India or Thermax?
Tube Investments of India has a market cap of ₹43,696 Cr and Thermax has a market cap of ₹31,274 Cr as of 13 Nov 2026.
Which has a lower P/E, Tube Investments of India or Thermax?
Thermax has the lower P/E: Tube Investments of India trades at 65.3 and Thermax at 53.2.
Which gave better returns in the last year, Tube Investments of India or Thermax?
Thermax did better: Tube Investments of India returned -24.6% and Thermax returned -15.1% over one year.
What is the difference between Tube Investments of India and Thermax?
Both are NSE-listed companies in Automobile and Auto Components. Tube Investments of India is about 1.4 times the size of Thermax by market cap. In the latest financial year Tube Investments of India reported revenue of ₹22,847 Cr and Thermax ₹10,694 Cr. Operating margin is 9.6% for Tube Investments of India and 8.0% for Thermax. Debt to equity is 0.06 for Tube Investments of India and 0.52 for Thermax.
Which is better, Tube Investments of India or Thermax?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Tube Investments of India leads on 9 and Thermax on 8. Tube Investments of India is ahead on growth, financial health and technicals. Thermax is ahead on size, valuation, profitability and momentum. On StoxGud's rules-based checklist Tube Investments of India scores 3/10 and Thermax scores 2/10. This is information, not advice: consult a SEBI-registered adviser before investing.