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Engaged Employer

Thermax Limited

4.1
based on 3.4k Reviews
Video summary

Working at Thermax Limited

Company Summary

Thermax is a leading energy and environment solutions company in India providing heating, cooling, water and waste management, chemicals and power generation, and wastewater treatment plants

Overall Rating

4.1/5
based on 3.4k reviews
highly rated categories
5% above
industry average
highly rated categories
Highly rated for

Job security, Company culture, Skill development

Work Policy
Work from office
Work from office
67% employees reported
Monday to Saturday
Monday to Saturday
40% employees reported
Flexible timing
Flexible timing
64% employees reported
No travel
No travel
33% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
238 employees reported
Health insurance
Health insurance
211 employees reported
Office cab/shuttle
Office cab/shuttle
165 employees reported
Cafeteria
Cafeteria
70 employees reported
View all benefits

About Thermax Limited

Founded in1966 (59 yrs old)
India Employee Count1k-5k
Global Employee Count5k-10k
India HeadquartersPune, Maharashtra, India
Office Locations
Websitethermaxglobal.com
Primary Industry
Other Industries
--
View in video summary

Thermax, founded in 1966 and headquartered in Pune, India, is a ~ 1 billion USD company offering solutions in the energy and environment space and a trusted partner in energy transition. Serving over 90 countries, Thermax provides essential solutions to industries for clean air, clean energy, and clean water. Its offerings are categorised into Industrial Products, Industrial Infra, Green Solutions, and Chemicals segments.


Thermax’s Industrial Products segment includes heating, cooling, air pollution control, and water treatment solutions, featuring products like boilers, heaters, air pollution control and water and sewage treatment equipment and cooling machines that boost operational efficiency. The Industrial Infra segment comprises Thermax Babcock & Wilcox Energy Solutions (TBWES) for steam generation and waste heat recovery, and Projects & Energy Solutions (P&ES) that offers captive power plants, cogeneration systems and waste heat recovery plants under an engineering, procurement, and construction (EPC) model. The Green Solutions segment includes the New Energy business that provides green utility solutions through Thermax Onsite Energy Solutions Limited (TOESL), bio-CNG plant setup and operations through Thermax Bioenergy Solutions Private Limited (TBSPL) and renewable energy solutions via First Energy Private Limited (FEPL). Meanwhile, Thermax Chemical Solutions supplies industrial and commercial chemicals, including ion exchange resins, water treatment, oil field and construction chemicals such as concrete admixtures, industrial flooring, sealants, and adhesives, to name a few, to support industrial performance.


Additionally, Thermax’s operations and maintenance services are enhanced by its digital EDGE Live platform, which provides AI and IoT-driven monitoring and analytics for real-time asset optimisation.


With a network of 40+ Indian and international subsidiaries, 14 manufacturing facilities - 10 of which are in India and four overseas, 45 offices in India and overseas, and a team of over 5,000+ employees excluding contractual workforce, the company focusses on nurturing talent and promoting openness and inclusivity in the workplace.


Through the Thermax Foundation, its philanthropic arm, Thermax champions education, community upliftment, and equity. Its dedication to sustainability is deeply rooted in environmental, social, and governance (ESG) principles, with an emphasis on ethical conduct, transparency, and community support.

Thermax Limited Ratings

based on 3.4k reviews

Overall Rating

4.1/5
How AmbitionBox ratings work?
5
1.7k
4
1.1k
3
397
2
116
1
131

Category Ratings

4.3

Job security

4.1

Company culture

4.0

Skill development

3.9

Work-life balance

3.9

Work satisfaction

3.7

Salary

3.5

Promotions

Thermax Limited is rated 4.1 out of 5 stars on AmbitionBox, based on 3.4k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Thermax Limited
based on 3.2k reviews
3.9
Rated by 145 Women
Rated 4.1 for Job security and 4.0 for Company culture
4.2
Rated by 3.1k Men
Rated 4.3 for Job security and 4.1 for Company culture

Work Policy at Thermax Limited

based on 496 reviews in last 6 months
Work from office
67%
Hybrid
27%
Permanent work from home
6%

Thermax Limited Reviews

Top mentions in Thermax Limited Reviews

+ 5 more

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Overall Rating
4.1/5
based on 3.4k reviews
4.1/5
based on 3.4k reviews
4.1/5
based on 2.8k reviews
4.3/5
based on 3.2k reviews
Highly Rated for
Job security
Company culture
Skill development
Company culture
Work-life balance
Skill development
Job security
Work-life balance
Company culture
Company culture
Work-life balance
Skill development
Critically Rated for
No critically rated category
Promotions
No critically rated category
No critically rated category
Primary Work Policy
Work from office
67% employees reported
Work from office
49% employees reported
Hybrid
56% employees reported
Hybrid
50% employees reported
Rating by Women Employees
3.9
Good
rated by 145 women
3.9
Good
rated by 416 women
3.9
Good
rated by 345 women
4.3
Good
rated by 842 women
Rating by Men Employees
4.2
Good
rated by 3.1k men
4.1
Good
rated by 2.8k men
4.2
Good
rated by 2.2k men
4.3
Good
rated by 2.2k men
Job security
4.3
Good
3.7
Good
4.2
Good
3.8
Good
View more

Thermax Limited Salaries

Thermax Limited salaries have received with an average score of 3.7 out of 5 by 3.4k employees.

Shift Incharge

(300 salaries)
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₹2.7 L/yr - ₹10.3 L/yr

Electrical Engineer

(231 salaries)
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₹2.4 L/yr - ₹7.3 L/yr

Control Room Engineer

(196 salaries)
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₹2.5 L/yr - ₹7 L/yr

Deputy Manager

(159 salaries)
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₹7 L/yr - ₹20.1 L/yr

Mechanical Engineer

(140 salaries)
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₹1.8 L/yr - ₹9.5 L/yr

Project Manager

(137 salaries)
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₹5.6 L/yr - ₹19.5 L/yr

Senior Engineer

(137 salaries)
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₹3.3 L/yr - ₹12 L/yr

Safety Officer

(134 salaries)
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₹2.5 L/yr - ₹7.4 L/yr

Design Engineer

(120 salaries)
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₹2.1 L/yr - ₹10.7 L/yr

Project Engineer

(119 salaries)
Unlock
₹2 L/yr - ₹9.7 L/yr

Thermax Limited News

View all

Suzlon Energy Can Rally 21%, Projects Motilal Oswal, As It Initiates Coverage With Buy Rating

Bloomberg Quint | 25 Mar, 2025
Suzlon Energy Can Rally 21%, Projects Motilal Oswal, As It Initiates Coverage With Buy Rating

Thermax forms joint venture with Brazil’s OCQ to manufacture specialty chemicals in India

HinduBusinessLine | 10 Mar, 2025
Thermax forms joint venture with Brazil’s OCQ to manufacture specialty chemicals in India

Sprih helps businesses measure and monitor their carbon footprint with ease

Yourstory | 10 Feb, 2025
Sprih helps businesses measure and monitor their carbon footprint with ease

Thermax Q3 Results Review: Motilal Oswal Maintains 'Sell' Rating On The Stock, Lowers Target Price— Here's Why

Bloomberg Quint | 8 Feb, 2025
Thermax Q3 Results Review: Motilal Oswal Maintains 'Sell' Rating On The Stock, Lowers Target Price— Here's Why

Thermax CEO Expects Strong Q4 On Revenue Recovery, Strong Orderbook

Bloomberg Quint | 8 Feb, 2025
Thermax CEO Expects Strong Q4 On Revenue Recovery, Strong Orderbook

Q3 Results Live: Investors Brace For Asian Paints, Tata Power, MobiKwik, Titan, Thermax Earnings

Bloomberg Quint | 4 Feb, 2025
Q3 Results Live: Investors Brace For Asian Paints, Tata Power, MobiKwik, Titan, Thermax Earnings

Asian Paints, Titan, Tata Power, Thermax Q3 Results Today — Earnings Estimates

Bloomberg Quint | 4 Feb, 2025
Asian Paints, Titan, Tata Power, Thermax Q3 Results Today — Earnings Estimates

Budget 2025: Tight Fiscal Deficit, Capex Hike, Minimal Freebies On Thermax CEO's Wishlist

Bloomberg Quint | 29 Jan, 2025
Budget 2025: Tight Fiscal Deficit, Capex Hike, Minimal Freebies On Thermax CEO's Wishlist

Stock Recommendations Today: Industrials, IT, Infrastructure On Brokerages' Radar

Bloomberg Quint | 2 Jan, 2025
Stock Recommendations Today: Industrials, IT, Infrastructure On Brokerages' Radar

Capital Goods Q3 Preview- Optimistic On Robust Order Book; Apar, Thermax Gets 'Hold' Among Others: Nirmal Bang

Bloomberg Quint | 31 Dec, 2024
Capital Goods Q3 Preview- Optimistic On Robust Order Book; Apar, Thermax Gets 'Hold' Among Others: Nirmal Bang
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Thermax Limited Subsidiaries

Thermax Babcock Wilcox Energy Solutions

4.2
 • 292 reviews

Thermax Engineering Construction Company

3.7
 • 50 reviews

Thermax Instrumentation

4.1
 • 36 reviews

Thermax On Site Energy Solution

3.9
 • 35 reviews

First Energy

3.9
 • 32 reviews

Thermodynamic Services

4.3
 • 26 reviews
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Thermax Limited FAQs

When was Thermax Limited founded?
Thermax Limited was founded in 1966. The company has been operating for 59 years primarily in the Industrial Machinery sector.
Where is the Thermax Limited headquarters located?
Thermax Limited is headquartered in Pune, Maharashtra and has an office in Pune
How many employees does Thermax Limited have in India?
Thermax Limited currently has more than 3,300+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Thermax Limited based on the number of reviews submitted on AmbitionBox.
Does Thermax Limited have good work-life balance?
Thermax Limited has a Work-Life Balance Rating of 3.9 out of 5 based on 3,300+ employee reviews on AmbitionBox. 81% employees rated Thermax Limited 4 or above, while 19% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Thermax Limited work-life balance reviews for more details
Is Thermax Limited good for career growth?
Career growth at Thermax Limited is rated fairly well, with a promotions and appraisal rating of 3.5. 81% employees rated Thermax Limited 4 or above, while 19% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Thermax Limited promotions/appraisals reviews for more detailed insights.
What are the pros of working in Thermax Limited?
Working at Thermax Limited offers several advantages that make it an appealing place for employees. The company is highly rated for job security, company culture and skill development, based on 3,300+ employee reviews on AmbitionBox.
Thermax Limited Overview
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