Thermax (NSE:THERMAX) Tariff Resilience Score: 0/10 (As of Jul. 22, 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:THERMAX Thermax Ltd NSE:THERMAX
77 GF Score
Price ₹4,841.00
GF Value ₹3,913.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thermax Tariff Resilience Score?

Thermax has the Tariff Resilience Score of 0, which implies that the company might have .

Thermax has

Tariff Resilience Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more.

The company's exposure to international trade tariffs based on these criteria:

1. Global supply chain dependencies
2. Manufacturing locations versus sales markets
3. Import/export balance and percentage of revenue
4. Historical impact from previous tariff changes
5. Available mitigation strategies (alternative suppliers, pricing power)
6. Industry-specific tariff exemptions or vulnerabilities

Based on the research, GuruFocus believes Thermax might have .

Thermax  (NSE:THERMAX) Tariff Resilience Score Explanation

The Tariff Resilience Score ranges from 0 to 10, with 10 as the most resilient. GuruFocus divided Moat Score into following 3 categories:

Tariff Resilience Score Resilience Level
7 - 10Highly Resilient
4 - 6Average Resilient
0 - 3Highly Vulnerable

Thermax Tariff Resilience Score Related Terms

NSE:THERMAX
77GF Score
Thermax Ltd NSE:THERMAX
Tariff Resilience Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Thermax (NSE:THERMAX) Overvalued in 2026?

Based on GuruFocus' analysis, Thermax stock appears to be overvalued. The current stock price of ₹4,841.00 is trading 23.7% above its estimated GF Value™ of ₹3,913.24. GuruFocus considers Thermax to be Modestly Overvalued.

Key valuation signals for NSE:THERMAX:

  • Tariff Resilience Score: 0
  • GF Value™: ₹3,913.24 vs. price of ₹4,841.00 (23.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the NSE:THERMAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thermax Business Description

Other Exchanges 500411:India
Address 14, Mumbai-Pune Road, Thermax House, Wakdewadi, Pune, MH, IND, 411 003
Thermax Ltd is a company that provides engineering solutions. The company operates through four reportable segments which are industrial products, industrial infra, green solutions, and chemicals. It earns the majority of its revenue from the Industrial Infra segment. The Company's portfolio includes boilers and heaters, absorption chillers/heat pumps, power plants, solar equipment, related services, air pollution control equipment/system, water and waste recycle plants, ion exchange resins and performance chemicals and related services The company generates more than half of its revenue from India.
77GF Score

Get the complete analysis for NSE:THERMAX

Tariff Resilience Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,841.00
Price
₹3,913.24
GF Value