Thermax Limited Divisional Manager Salaries by 4 Employees (Updated 2025)

25 - 31 years exp.

₹27 Lakhs - ₹28.3 Lakhs

Low Confidence

Salary of majority employees

62% more than the average Divisional Manager Salary in Industrial Machinery Companies for 25 - 31 years of experience

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Salaries in different departments

Engineering - Software & QA Divisional Manager Salary 28 - 30 years exp. (AmbitionBox Estimate)	₹25.5 L/yr - ₹31.1 L/yr
Quality Assurance Divisional Manager Salary 31 years exp. (AmbitionBox Estimate)	₹24.3 L/yr - ₹29.7 L/yr
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CSR & Social Service Divisional Manager Salary 25 years exp. (AmbitionBox Estimate)	₹25.5 L/yr - ₹31.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to Thermax Limited for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Divisional Manager Salary 15 - 28 years exp. (43 salaries)	₹15 L/yr - ₹26.5 L/yr 27% less
Sany Heavy Industry Divisional Manager Salary 13 - 19 years exp. (24 salaries)	₹14.8 L/yr - ₹25.7 L/yr 24% less
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Caterpillar Inc Divisional Manager Salary 21 - 25 years exp. (3 salaries)	₹35 L/yr - ₹55 L/yr 49% more
AU Small Finance Bank Divisional Manager Salary 6 - 14 years exp. (218 salaries)	₹3.7 L/yr - ₹13.5 L/yr 70% less
Mahindra Finance Divisional Manager Salary 10 - 22 years exp. (203 salaries)	₹7.8 L/yr - ₹30 L/yr 38% less	1 job opening

Divisional Manager salary at Thermax Limited ranges between ₹27 Lakhs to ₹28.3 Lakhs per year for employees with experience between 25 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Divisional Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹27 L/yr - ₹28.3 L/yr
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Similar Designation salaries in Thermax Limited

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(18 salaries)

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Salary related reviews for Thermax Limited

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

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Thermax Limited Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Thermax Limited?

Divisional Manager salary at Thermax Limited in India ranges between ₹27.0 Lakhs to ₹28.3 Lakhs for experience between 25 years to 31 years. According to our estimates it is 62% more than the average Divisional Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Divisional Manager at Thermax Limited is 62% more than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.

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

Caterpillar Inc Divisional Manager Salary - ₹35.0 Lakhs to ₹55.0 Lakhs per year

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

Sany Heavy Industry Divisional Manager Salary - ₹14.8 Lakhs to ₹25.7 Lakhs per year
Kirloskar Brothers Divisional Manager Salary - ₹15.0 Lakhs to ₹26.5 Lakhs per year
Mahindra Finance Divisional Manager Salary - ₹7.8 Lakhs to ₹30.0 Lakhs per year
AU Small Finance Bank Divisional Manager Salary - ₹3.7 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at Thermax Limited ranges between ₹1,74,473 per month to ₹1,81,225 per month in India. The take-home salary calculation is based on the average Thermax Limited Divisional Manager salary in India which ranges between ₹27.0 Lakhs to ₹28.3 Lakhs per year for employees with experience between 25 years to 31 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Thermax Limited Divisional Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Thermax Limited Divisional Manager Salaries

Thermax Limited Divisional Manager salary in India ranges between ₹27 Lakhs to ₹28.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.