Thermax Limited Deputy Manager Salaries by 100+ Employees (Updated 2025)

11 - 21 years exp.

₹7 Lakhs - ₹20.1 Lakhs

Salary of majority employees

58% more than the average Deputy Manager Salary in Industrial Machinery Companies for 11 - 21 years of experience

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Salaries in different departments

Procurement & Supply Chain Deputy Manager Salary 11 - 21 years exp. (27 salaries)	₹7.5 L/yr - ₹19.5 L/yr
Production, Manufacturing & Engineering Deputy Manager Salary 11 - 21 years exp. (19 salaries)	₹8.3 L/yr - ₹18.1 L/yr
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Engineering - Software & QA Deputy Manager Salary 11 - 19 years exp. (17 salaries)	₹10 L/yr - ₹18 L/yr
Project & Program Management Deputy Manager Salary 11 - 21 years exp. (16 salaries)	₹9 L/yr - ₹16 L/yr
Research & Development Deputy Manager Salary 11 - 18 years exp. (16 salaries)	₹9.1 L/yr - ₹20 L/yr

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Last Updated: 22 Feb 2025

Companies similar to Thermax Limited for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Deputy Manager Salary 2 - 15 years exp. (55 salaries)	₹6.5 L/yr - ₹19 L/yr 26% less
TCS Deputy Manager Salary 4 - 16 years exp. (57 salaries)	₹6.2 L/yr - ₹23.2 L/yr 14% less
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Hindustan Unilever Deputy Manager Salary 5 - 20 years exp. (7 salaries)	₹11.5 L/yr - ₹29 L/yr 8% more
Reliance Industries Deputy Manager Salary 3 - 18 years exp. (1.1k salaries)	₹4 L/yr - ₹14 L/yr 43% less
Aditya Birla Group Deputy Manager Salary 5 - 15 years exp. (134 salaries)	₹6 L/yr - ₹25.1 L/yr 4% less
BHEL Deputy Manager Salary 10 - 15 years exp. (326 salaries)	₹11 L/yr - ₹32 L/yr 52% more	1 job opening
Kirloskar Brothers Deputy Manager Salary 1 - 11 years exp. (288 salaries)	₹4.2 L/yr - ₹11.8 L/yr 53% less	3 job openings
Blue Star Deputy Manager Salary 8 - 16 years exp. (241 salaries)	₹8.3 L/yr - ₹23 L/yr 9% more
CG Power and Industrial Solutions Deputy Manager Salary 7 - 18 years exp. (208 salaries)	₹7.4 L/yr - ₹18 L/yr 20% less	2 job openings
Kirloskar Oil Engines Deputy Manager Salary 6 - 19 years exp. (207 salaries)	₹5.8 L/yr - ₹14 L/yr 31% less

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Deputy Manager salary at Thermax Limited ranges between ₹7 Lakhs to ₹20.1 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 144 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Deputy Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
11 years (13 salaries)	₹8 L/yr - ₹20.1 L/yr
12 years (14 salaries)	₹8.4 L/yr - ₹16 L/yr
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13 years (27 salaries)	₹9 L/yr - ₹17.2 L/yr
14 years (30 salaries)	₹7 L/yr - ₹20 L/yr
15+ years (60 salaries)	₹7.3 L/yr - ₹19 L/yr

From

Deputy Manager

11 - 21 years exp.

Associate Manager

₹

Lakhs/yr

14 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹16.4 L/yr - ₹20.9 L/yr

Salary related reviews for Thermax Limited

3.4

Rated by 33 employees for salary & benefits

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.

Team Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jun 2024

2.0

for Salary and Benefits

Likes

Company is very good and culture is good, love to work here. Best company to work.

Skill development - Excellent

+4 more

Dislikes

Employee are underpaid compared to other companies. Incentives and bonus are not depends on your work and performance, it depends on your boss and HR. Everything depends on your boss, if your boss is good company is good if boss is bad then company is bad. We have not option to complaint about our Manager/Boss due to job security, increment, incentive, bonus is depends on your reporting manager. Increment is very less. Performance based increment and promotion are not given.

Salary - Poor

+1 more

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Thermax Limited Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Thermax Limited?

Deputy Manager salary at Thermax Limited in India ranges between ₹7.0 Lakhs to ₹20.1 Lakhs for experience between 11 years to 21 years. According to our estimates it is 58% more than the average Deputy Manager Salary in India. Salary estimates are based on 144 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Deputy Manager at Thermax Limited is 58% more than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

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

BHEL Deputy Manager Salary - ₹11.0 Lakhs to ₹32.0 Lakhs per year
Timken Deputy Manager Salary - ₹15.0 Lakhs to ₹33.0 Lakhs per year
John Deere Deputy Manager Salary - ₹11.8 Lakhs to ₹25.2 Lakhs per year
Caterpillar Inc Deputy Manager Salary - ₹11.5 Lakhs to ₹28.0 Lakhs per year
Epiroc Deputy Manager Salary - ₹10.5 Lakhs to ₹24.0 Lakhs per year

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

Blue Star Deputy Manager Salary - ₹8.3 Lakhs to ₹23.0 Lakhs per year
KONE Deputy Manager Salary - ₹8.3 Lakhs to ₹25.2 Lakhs per year
Hindustan Unilever Deputy Manager Salary - ₹11.5 Lakhs to ₹29.0 Lakhs per year
GKN Deputy Manager Salary - ₹10.6 Lakhs to ₹20.1 Lakhs per year
Siemens Deputy Manager Salary - ₹7.4 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Thermax Limited ranges between ₹1,04,400 per month to ₹1,07,264 per month in India. The take-home salary calculation is based on the average Thermax Limited Deputy Manager salary in India which ranges between ₹7.0 Lakhs to ₹20.1 Lakhs per year for employees with experience between 11 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 76% of the Thermax Limited Deputy Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 95 responses on AmbitionBox in last 2 years.

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Thermax Limited Deputy Manager Salaries

Thermax Limited Deputy Manager salary in India ranges between ₹7 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 144 Thermax Limited latest salaries received from various employees of Thermax Limited.