Thermax Ltd (NSE:THERMAX)
₹ 5342.4 -54.7 (-1.01%) Market Cap: 601.67 Bil Enterprise Value: 585.65 Bil PE Ratio: 93.27 PB Ratio: 13.55 GF Score: 85/100
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Q3 2023 Thermax Limited Earnings Call Transcript

Feb 13, 2023 / 04:30AM GMT
Release Date Price: ₹2142.85 (+0.62%)
Operator

Ladies and gentlemen, good day, and welcome to the Thermax Limited Q3 FY '23 Conference Call hosted by DAM Capital Advisors Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Ashish Bhandari. Thank you, and over to you, sir.

Ashish Bhandari
Thermax Limited - MD, CEO & Additional Director

Hello, everyone, and a very warm welcome to this call, and I wish you all a fantastic Monday and a fantastic week as well.

As you know, we released our earnings a few days ago. And you would see a few different things from our earnings, consistent with what we had spoken, yes, first that on the orders front, while we see a lot of strength in our general momentum across industries, overall, we have fewer bigger opportunities to work with, and that showed in this quarter. It will continue to show for the next few quarters as well.

Second, on the revenue side, we spoke of moderating challenges on the overall commodity cycle. So that is showing as well that things are

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