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  • New govt must ensure more investor-friendly norms: Thermax

    MS Unnikrishnan feels the new government should bring policy-conducive environment to ease land acquisition. There‘s a need to cut down on the number of clearances for projects and interest rates should be lowered to prop up the investment climate.

  • Current rally based on speculations: Thermax

    Current rally based on speculations: Thermax

    The current good run is based on the calculations by the market that investment cycle is going to catch on. However, there has been no change on the ground level, says MS Unnikrishnan.

  • See some improvement in capex, but not a jump: Thermax

    See some improvement in capex, but not a jump: Thermax

    The company‘s margins are unlikely to improve in the second half of this financial year unless orders pick up, says MS Unnikrishnan, MD, Thermax.

  • Sentiment revival in cap good sector 2-3 qrts away: Thermax

    Sentiment revival in cap good sector 2-3 qrts away: Thermax

    Growth in key economic sectors like cement, steel and refinery continues to be sluggish, says MS Unnikrishnan, MD, Thermax.

  • Q1 order intake poor, but H1 better than last year: Thermax

    Q1 order intake poor, but H1 better than last year: Thermax

    The order carry forward at this point of time is approximately Rs 5,300 crore against Rs 4,900 crore, which is around 20 percent more than the previous year.

  • Utilise competitive benefits, export more: Thermax

    Utilise competitive benefits, export more: Thermax

    MS Unnikrishnan, MD, Thermax says rupee depreciation makes export orders competitive for capital goods companies and one can help combat increasing input costs by that.

  • No big orders in system; rupee impacting margins: Thermax

    No big orders in system; rupee impacting margins: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, MD, Thermax speaks on winning their petrochemical order of Rs 1700 crore. He expects the project to be completed in 29 months.

  • Thermax uses Private Cloud to manage data security issues

    Thermax uses Private Cloud to manage data security issues

    Thermax, Chief Information Officer- Anil Nadkarni speaks to moneycontrol.com on how he navigates through the various IT challenges that he faces and the role of cloud.

  • Steel, cement sectors disappointed in April: Thermax

    Steel, cement sectors disappointed in April: Thermax

    Capital goods industry mirrors slowdown in steel, cement and infra sectors

  • Don't expect revival in power sector orders soon: Thermax

    Don't expect revival in power sector orders soon: Thermax

    Capital goods maker Thermax does not see recovery in orderflow in near term.

  • Maintain guidance for double digit margins: Thermax

    Maintain guidance for double digit margins: Thermax

    Thermax‘s profit has been impacted over some quarters due to losses in subsidiaries. However, since last three to four quarters it has been maintaining the order inflow with the run rate of Rs1,200 crore per quarter.

  • Budget Analysis: Do not see pick up in sentiment towards investment: Thermax

    Budget Analysis: Do not see pick up in sentiment towards investment: Thermax

    The biggest positive from the Budget that appears to come for all capital expansion plans or those who have such plans has been that 15 percent investment allowance.

  • Will ride FY14 on cement, food sector orders: Thermax

    Will ride FY14 on cement, food sector orders: Thermax

    Heavy engineering major Thermax expects its order book to strengthen in early FY14, with much of the business expected to come in from the food processing and oil sectors.

  • Order inflow may improve post FY13: Thermax MD

    Order inflow may improve post FY13: Thermax MD

    Capital good maker Thermax expects its order book to strengthen in FY14. The Pune-based company saw a sharp fall in profit and revenues in Q3 on the back of slow moving orders in an unfavourable business environment.

  • See topline reducing in H2FY13; bullish on cement: Thermax

    See topline reducing in H2FY13; bullish on cement: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, managing director, Thermax, gives his expectations for the company's performance.

  • Difficult to maintain double digit margins in FY13: Thermax

    Difficult to maintain double digit margins in FY13: Thermax

    Capital goods maker Thermax is hopeful of its order book improving post FY13 on the back of investment cycle picking up in various sectors from where it gets orders.

  • Diversified biz keeps Thermax's order flow moving: MD

    Diversified biz keeps Thermax's order flow moving: MD

    MS Unnikrishnan, MD, Thermax, says that the company‘s exposure to the power sector in a good year is 25-27%. He also says that the power sector is not in good shape nor the situation is likely to improve in the near term.

  • Expect double digit margin in FY13: Thermax

    Expect double digit margin in FY13: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, managing director of Thermax says, at the end of the year, the company should be able to have a double digit profitability margin based on the orders and the way the market is moving.

  • Budget Expectations: Industry keen on Budget boost to capex cycle, says Thermax

    Budget Expectations: Industry keen on Budget boost to capex cycle, says Thermax

    MS Unnikrishnan, MD, Thermax Ltd stated that the industry was keen on measures to control fiscal deficit and check inflation.

  • See India confirm orders of 15000-20000mw by FY14: Thermax

    See India confirm orders of 15000-20000mw by FY14: Thermax

    In an interview to CNBC-TV18, MS Unnikrishnan, the managing director of Thermax talks about the latest developments happening in his company and sector.

  • It's tough times for cap goods till FY14: Thermax

    It's tough times for cap goods till FY14: Thermax

    Speaking to CNBC-TV18, MS Unnikrishnan, managing director of Thermax agrees that the industry is seeing a slowdown in order inflows. In fact, going ahead too, the situation remains grim according to him.

  • Margin pressure will continue even in Q3, says Thermax

    Margin pressure will continue even in Q3, says Thermax

    Capital goods maker Thermax Ltd has posted a 14% rise in its July-Sept quarter net profit at Rs 102 crore year-on-year despite high inflation and commodity prices.

  • Don't see margin correction from current levels: Thermax

    Don't see margin correction from current levels: Thermax

    In an interview to CNBC-TV18, Thermax managing director, MS Unnikrishnan says the power segment of the company sees lower margins. He says the pricing pressures are also dragging, adding that the power sector order inflow continues to remain weak.

  • Better placed than other cos in segment, says Thermax

    Better placed than other cos in segment, says Thermax

    MD of Thermax believes that shrinking margins, increasing competition and commodity costs affect all, but they are ‘better placed than other companies in the capital equipment segment.’

  • Capital goods demand to sustain despite low IIP no: Thermax

    Capital goods demand to sustain despite low IIP no: Thermax

    The IIP data stated that the capital goods industry grew only 15.2% in July against 37.7% in the previous month. MS Unnikrishnan, managing director of Thermax told CNBC-TV18 that the situation is very bad since this is a major dive downwards.

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