Thermax Ltd

THERMAX NSE Industrials Heavy Electrical Equipment
Nifty 500 Midcap 150 LargeMid 250
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Shareholding pattern

Ownership (latest quarter)

Sep26
Promoter: 61.99%FII: 11.3%DII: 14.94%Public: 6.32%62%Promoter
Promoter 61.99%FII 11.3%DII 14.94%Public 6.32%

How to read this: this is who owns the company right now. Promoter is the founding/controlling group; FII and DII are foreign and domestic institutions; Public is retail and smaller shareholders. A large promoter slice means the owners hold a big stake themselves.

Ownership Trend

Holding %, recent quarters
020406080Dec24Mar25Jun25Sep25Dec25Mar26Jun26Sep262024Dec — Promoter: 62 %2025Mar — Promoter: 62 %2025Jun — Promoter: 62 %2025Sep — Promoter: 62 %2025Dec — Promoter: 62 %2026Mar — Promoter: 62 %2026Jun — Promoter: 62 %2026Sep — Promoter: 62 %2024Dec — FII: 15 %2025Mar — FII: 16 %2025Jun — FII: 16 %2025Sep — FII: 13 %2025Dec — FII: 12 %2026Mar — FII: 11 %2026Jun — FII: 11 %2026Sep — FII: 11 %2024Dec — DII: 13 %2025Mar — DII: 12 %2025Jun — DII: 12 %2025Sep — DII: 14 %2025Dec — DII: 15 %2026Mar — DII: 15 %2026Jun — DII: 15 %2026Sep — DII: 15 %2024Dec — Public: 4 %2025Mar — Public: 4 %2025Jun — Public: 5 %2025Sep — Public: 5 %2025Dec — Public: 5 %2026Mar — Public: 6 %2026Jun — Public: 6 %2026Sep — Public: 6 %
PromoterFIIDIIPublicGovernment

How to read this: each line shows how a group's ownership has shifted over recent quarters. A rising promoter or institutional line can signal growing confidence from those holders; a falling line the opposite. Watch the direction over several quarters rather than a single move.

PeriodPromoterFIIDIIGovtPublicPledge
2026Sep61.99%11.30%14.94%—6.32%—
2026Mar61.99%11.25%15.49%—5.82%—
2026Jun61.99%11.46%15.22%—5.88%—
2025Sep61.99%13.44%13.95%—5.16%—
2025Mar61.99%15.86%12.25%—4.43%—
2025Jun61.99%16.02%11.74%—4.77%—
2025Dec61.99%12.36%14.84%—5.35%—
2024Sep61.99%15.38%12.72%—4.45%—
2024Mar61.99%12.24%15.82%—4.48%—
2024Jun61.99%15.15%12.88%—4.50%—
2024Dec61.99%15.49%12.66%—4.39%—
2023Dec61.99%12.01%15.86%—4.66%—

How to read the shareholding pattern

This table shows who owns the company, broken down by group, over time. Ownership shifts can be informative; here is what a beginner typically notices.

  • Promoter holding is the stake held by the founders/controlling group. A steady or rising promoter stake is often read as the owners keeping "skin in the game"; a falling stake invites a closer look at why.
  • FII (foreign institutional investors) and DII (domestic institutional investors) holdings show how much large professional investors own. Big swings across quarters reflect institutional sentiment shifting.
  • Public holding is the share owned by retail and smaller investors. A very high public float with low institutional interest reads differently from a stock widely held by institutions.
  • Look at the direction over several quarters rather than a single number, and remember this describes ownership — it does not by itself say anything about value.

Educational only — not a recommendation to buy, sell, or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.