Thermax Limited Business Manager Salaries by 9 Employees (Updated 2025)

9 - 20 years exp.

₹9.5 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

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23% more than the average Business Manager Salary in Industrial Machinery Companies for 9 - 20 years of experience

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Last Updated: 11 Feb 2025

Companies similar to Thermax Limited for Business Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Business Manager Salary 2 - 10 years exp. (116 salaries)	Unlock ₹2.8 L/yr - ₹12 L/yr 50% less	3 job openings
Siemens Business Manager Salary 7 - 9 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹18.3 L/yr 5% more
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Larsen & Toubro Limited Business Manager Salary 1 - 8 years exp. (23 salaries)	Unlock ₹3.2 L/yr - ₹8.5 L/yr 55% less
Voltas Business Manager Salary 13 - 17 years exp. (5 salaries)	Unlock ₹11.2 L/yr - ₹22.1 L/yr 22% more
Blue Star Business Manager Salary 10 - 17 years exp. (3 salaries)	Unlock ₹12.5 L/yr - ₹14.8 L/yr 2% less
Atlas Copco Business Manager Salary 12 - 27 years exp. (4 salaries)	Unlock ₹30 L/yr - ₹45 L/yr 158% more
Stanley Black & Decker Business Manager Salary 13 - 21 years exp. (4 salaries)	Unlock ₹34 L/yr - ₹66 L/yr 264% more

Business Manager salary at Thermax Limited ranges between ₹9.5 Lakhs to ₹17 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 9 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Business Manager salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	Unlock ₹11.1 L/yr - ₹24.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹16 L/yr
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11 years (AmbitionBox Estimate)	Unlock ₹9.5 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹17 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹24.6 L/yr

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Similar Designation salaries in Thermax Limited

Area Business Manager Salary

(AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.7 L/yr

Sales Manager Salary

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₹6.85 L/yr - ₹20 L/yr

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₹7 L/yr - ₹20.1 L/yr

Territory Manager Salary

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₹4.8 L/yr - ₹11 L/yr

Area Sales Manager Salary

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Marketing Manager Salary

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Top skills at Thermax Limited for Business Manager

Sales effluent treatment Channel Sales Project Management Water Treatment Techno - commercial Business Development Waste Water Treatment Proposal Management Business Planning Marketing EPC Contractors sewage treatment Business Management

Salary related reviews for Thermax Limited

3.1

Rated by 4 employees for salary & benefits

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 04 Mar 2023

2.0

for Salary and Benefits

Likes

Work life balance.

Job security - Excellent

Dislikes

Salary and increments are too low. Everything depends on the division and in which team you are working. Managers plays key role in the development of any individual role. It's all about luck to have a good manager or ....

Salary - Poor

+2 more

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Territory Sales Manager in Ahmedabad

Sales & Business Development Department

5.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Working Culture is very good . You will get freedom of work . If your are a self started then there is ocean of opportunities.

Skill development - Good

+5 more

Dislikes

Salary & other compensations are not much good as compared to other industry .although your a extra-ordinary performance you will get standard increment which is so demoralizing. Only Salary & politics is a bad side of thermax.

Salary - Poor

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Thermax Limited Business Manager Salary FAQs

What is the salary of Business Manager at Thermax Limited?

Business Manager salary at Thermax Limited in India ranges between ₹9.5 Lakhs to ₹17.0 Lakhs for experience between 9 years to 20 years. According to our estimates it is 23% more than the average Business Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Business Manager at Thermax Limited India compare with the average salary range for this job?

The average salary of a Business Manager at Thermax Limited is 23% more than the average salary of a Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at Thermax Limited?

Sales, effluent treatment, Channel Sales, Project Management and Water Treatment are some of the popular skills required to work as a Business Manager at Thermax Limited India.

Which similar companies are paying more than Thermax Limited to a Business Manager in India?

Stanley Black & Decker Business Manager Salary - ₹34.0 Lakhs to ₹66.0 Lakhs per year
Atlas Copco Business Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
Voltas Business Manager Salary - ₹11.2 Lakhs to ₹22.1 Lakhs per year
Siemens Business Manager Salary - ₹14.0 Lakhs to ₹18.3 Lakhs per year

What is the salary of a Business Manager in companies similar to Thermax Limited in India?

Blue Star Business Manager Salary - ₹12.5 Lakhs to ₹14.8 Lakhs per year
Kirloskar Brothers Business Manager Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
Larsen & Toubro Limited Business Manager Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Business Manager at Thermax Limited in India?

The estimated take-home salary of a Business Manager at Thermax Limited ranges between ₹95,678 per month to ₹98,259 per month in India. The take-home salary calculation is based on the average Thermax Limited Business Manager salary in India which ranges between ₹9.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 9 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Thermax Limited?

According to AmbitionBox, 63% of the Thermax Limited Business Managers reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Thermax Limited Business Manager Salaries

Thermax Limited Business Manager salary in India ranges between ₹9.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Thermax Limited latest salaries received from various employees of Thermax Limited.