Thermax Limited Divisional Manager Salaries by 4 Employees

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
Sany Heavy Industry Divisional Manager Salary 11 - 19 years exp. (30 salaries)	₹14.8 L/yr - ₹25.7 L/yr 22% less
Caterpillar Inc Divisional Manager Salary 21 - 25 years exp. (3 salaries)	₹35 L/yr - ₹55 L/yr 49% more
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AU Small Finance Bank Divisional Manager Salary 5 - 15 years exp. (245 salaries)	₹3.7 L/yr - ₹13.5 L/yr 71% less
Mahindra Finance Divisional Manager Salary 9 - 22 years exp. (215 salaries)	₹7.2 L/yr - ₹26 L/yr 40% less	2 job openings
Ashok Leyland Divisional Manager Salary 12 - 23 years exp. (201 salaries)	₹16.5 L/yr - ₹45 L/yr 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.

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

Regional Manager Salary

(18 salaries)

₹7.9 L/yr - ₹26 L/yr

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Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Area Manager Salary

(5 salaries)

₹6.5 L/yr - ₹10.8 L/yr

Marketing Manager Salary

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₹7 L/yr - ₹17.5 L/yr

Deputy Manager Salary

(159 salaries)

₹7 L/yr - ₹20.1 L/yr

Territory Manager Salary

(79 salaries)

₹4.8 L/yr - ₹11.8 L/yr

Sales Manager Salary

(27 salaries)

₹6.85 L/yr - ₹20 L/yr

Zonal Sales Manager Salary

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₹8.5 L/yr - ₹12.25 L/yr

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

Material Engineer in Pune

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.

Promotions - Poor

+2 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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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.