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Thermax Limited Divisional Manager salaries in India

Annual salary range
25 - 31 years exp.
₹27 Lakhs - ₹28.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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)
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₹25.5 L/yr - ₹31.1 L/yr

Quality Assurance
Divisional Manager Salary
31 years exp. (AmbitionBox Estimate)
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₹24.3 L/yr - ₹29.7 L/yr

CSR & Social Service
Divisional Manager Salary
25 years exp. (AmbitionBox Estimate)
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₹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
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Sany Heavy Industry Divisional Manager Salary

11 - 19 years exp. (30 salaries)

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₹14.8 L/yr - ₹25.7 L/yr

arrow icon 22% less
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Caterpillar Inc Divisional Manager Salary

21 - 25 years exp. (3 salaries)

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₹35 L/yr - ₹55 L/yr

arrow icon 49% more
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AU Small Finance Bank Divisional Manager Salary

5 - 15 years exp. (245 salaries)

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₹3.7 L/yr - ₹13.5 L/yr

arrow icon 71% less
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Mahindra Finance Divisional Manager Salary

9 - 22 years exp. (215 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 40% less
2 job openings
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Ashok Leyland Divisional Manager Salary

12 - 23 years exp. (201 salaries)

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₹16.5 L/yr - ₹45 L/yr

arrow icon 12% more
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.

Latest annual salaries shared by Thermax Limited Divisional Manager

1y ago
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30 years exp.
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28 years exp.
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31 years exp.
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25 years exp.

Experience wise Thermax Limited Divisional Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹27 L/yr - ₹28.3 L/yr

Similar Designation salaries in Thermax Limited

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₹7.9 L/yr - ₹26 L/yr
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₹11.1 L/yr - ₹17.68 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Area Manager Salary
(5 salaries)
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₹6.5 L/yr - ₹10.8 L/yr
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₹7 L/yr - ₹17.5 L/yr
Deputy Manager Salary
(159 salaries)
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₹7 L/yr - ₹20.1 L/yr
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₹4.8 L/yr - ₹11.8 L/yr
Sales Manager Salary
(27 salaries)
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₹6.85 L/yr - ₹20 L/yr
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₹6.8 L/yr - ₹17 L/yr
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₹8.5 L/yr - ₹12.25 L/yr

Salary related reviews for Thermax Limited

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 ....

read more
  • Salary - Poor
  • +2 more

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

read more

Dislikes

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

read more
  • Salary - Poor
  • +4 more

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

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary is d biggest set back for company.

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.

read more
  • 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.

read more
  • Salary - Poor

Full Time

 · 

Other Department

3.0
  •  posted on 18 Mar 2025

3.0
 for  Salary and Benefits

Likes

Timely salary, Skill development Learning

  • Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

read more
  • Promotions - Poor
  • +2 more
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Thermax Limited Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Thermax Limited ?
The average salary of a Divisional Manager at Thermax Limited in India typically ranges from ₹27.0 Lakhs to ₹28.3 Lakhs per year, depending on experience (from 25 years to 31 years).

The top 10% of Divisional Manager at Thermax Limited earn more than ₹28.3 Lakhs per year, and the top 1% earn over ₹28.3 Lakhs per year. Divisional Manager 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 4 Thermax Limited employees in India.
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 in India typically ranges from ₹1,74,473 to ₹1,81,225 per month. This is based on the average salary range of ₹27.0 Lakhs to ₹28.3 Lakhs per year for employees with experience ranging from 25 years to 31 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 4 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Thermax Limited for Divisional Manager in India?
Caterpillar Inc ₹35.0 Lakhs to ₹55.0 Lakhs per year
Ashok Leyland ₹16.5 Lakhs to ₹45.0 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 Divisional Manager in companies similar to Thermax Limited in India?
The salary of a Divisional Manager at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sany Heavy Industry ₹14.8 Lakhs to ₹25.7 Lakhs per year
Mahindra Finance ₹7.2 Lakhs to ₹26.0 Lakhs per year
AU Small Finance Bank ₹3.7 Lakhs to ₹13.5 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 Divisional Manager at Thermax Limited in India?
The salary growth for a Divisional Manager at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Divisional Manager can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
15 years ₹27.0 Lakhs to ₹28.3 Lakhs per year
and so on.

Tell us how to improve this page.

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