Thermax Limited Solapur Design Engineer Salaries by 6 Employees (Updated 2025)

1 - 7 years exp.

₹2.1 Lakhs - ₹6.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Design Engineer Salary in Industrial Machinery Companies for 1 - 7 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 1 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹4.8 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr

Last Updated: 1 Mar 2025

Companies similar to Thermax Limited for Design Engineer in Solapur

Thermax Limited Design Engineer Salary

1 - 7 years exp. (6 salaries)

₹2.1 L/yr - ₹6.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Laxmi Hydraulics Design Engineer Salary 1 - 6 years exp. (12 salaries)	₹2.6 L/yr - ₹5.5 L/yr 28% less
LHP Motors Design Engineer Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹4.9 L/yr 37% less
Login to view exact salary
CCI Systems Design Engineer Salary 6 - 8 years exp. (3 salaries)	₹6 L/yr - ₹9.5 L/yr 45% more

Design Engineer salary at Thermax Limited ranges between ₹2.1 Lakhs to ₹6.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Design Engineer salaries in Solapur

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

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Top skills at Thermax Limited for Design Engineer

Design Engineering Heat Exchangers ASME Boiler AutoCAD Solid Works Pressure Vessels AutoCAD Design Engineering WTP Static Equipment ibr Procurement ASME Codes Bill of Materials

Salary related reviews for Thermax Limited

Design Engineer in Pune

Research & Development Department

4.0

• posted on 26 Sep 2020

3.0

for Salary and Benefits

Likes

Company has good ambient and most of the employees are satisfied with the work. Learning scope is more in Thermax. HR team is so good, will help you in all the situations. Overall company performance is little down these days due to slack in power sector. Company needs more innovation.But work is in progress.You will enjoy the culture.Company let you learn skills that you need and make you visit to the sites and conferences of your concern departments.My overall experience with Thermax was nice.

Skill development - Good

+5 more

Dislikes

The compensation is bit more dependent on years of experience rather than your passion and expertise in your area. Innovation is not given that much importance, people are used to traditional methods of working.Work pressure is fluctuating and most of the time responsibilities of the post are not defined specifically. Sometimes you have to do the work which is not of your projects.

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

Assistant Engineer in Sirohi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Oct 2023

1.0

for Salary and Benefits

Likes

I am quite happy to have worked in Thermax, or I have got a lot of experience in Thermax which will make my future better

Skill development - Excellent

+5 more

Dislikes

Salary structure is not goog for thermax engineering, and senior management underestimate our work preformence

Salary - Bad

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Thermax Limited Design Engineer Salary FAQs

What is the salary of Design Engineer at Thermax Limited in Solapur?

The average salary of a Design Engineer at Thermax Limited in Solapur typically ranges from ₹2.1 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Design Engineer in Solapur at Thermax Limited earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Design Engineer Salaries at Thermax Limited can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Thermax Limited employees in India.

What is the estimated take home salary of a Design Engineer at Thermax Limited in Solapur?

The estimated take-home salary of a Design Engineer at Thermax Limited in Solapur typically ranges from ₹37,954 to ₹39,150 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Design Engineer at Thermax Limited in Solapur?

To be a Design Engineer at Thermax Limited in Solapur, the key skills required include:

- Design Engineering
- Heat Exchangers
- ASME
- Boiler
- AutoCAD

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Thermax Limited for Design Engineer in India?

CCI Systems

₹6.0 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thermax Limited, depending on the role and experience level.

What is the salary of a Design Engineer in companies similar to Thermax Limited in Solapur?

The salary of a Design Engineer at companies similar to Thermax Limited in Solapur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Laxmi Hydraulics	₹2.6 Lakhs to ₹5.5 Lakhs per year
LHP Motors	₹2.0 Lakhs to ₹4.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Design Engineer at Thermax Limited in Solapur?

The salary growth for a Design Engineer at Thermax Limited in Solapur depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Solapur can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Thermax Limited Design Engineer Salaries in Solapur

Thermax Limited Design Engineer salary in Solapur ranges between ₹2.1 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Thermax Limited latest salaries received from various employees of Thermax Limited.