Thermax FY08 consolidatedns net profit was at Rs 290.7 croe versus Rs 193.7 crore (YoY). It's cons net sales at Rs 3,481.5 crore versus Rs 2,289.7 crore (YoY) Standalone. It's net profit was at Rs 280.8 crore versus Rs 187.8 crore (YoY).
Standalone net sales was at Rs 3,204 crore versus Rs 2,136.8 crore (YoY). Its Q4 standalone net profit was at Rs 80.5 crore versus Rs 69.7 crore (YoY) and standalone net sales was at Rs 922 crore versu Rs 804 crore (YoY).
The Thermax group order book stands at Rs 2637 crore as on March 31, 2008 compared to Rs 3100 crore in the previous year.
Thermax's sales was up 12.7% to Rs 922 crore. The margins were down 13.8% versus 12.5%. Gross Block is at Rs 420 crores as on 31/308
Capex for the FY09 is Rs 350 crore to Rs 400 crore.
Have received from government for Baroda Plant.
They have recently signed a technical transfer license agreement that grants Thermax the right to engineer, manufacture and sell subcritical B&W Radiant utility boilers in India.
No speculative position only forward contracts are pending. Working Capital position is marginally negative. Very conservative forein exchange policy.
The company has announced a dividend of 400 % compared to 300 % in the previous year.
