Thermax Limited Lead Mechanical Engineer Salaries by 8 Employees (Updated 2025)

2 - 13 years exp.

₹4.2 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹6.7 Lakhs

Variable (0%)

₹0.0 Lakhs

49% less than the average Lead Mechanical Engineer Salary in Industrial Machinery Companies for 2 - 13 years of experience

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Salaries in different departments

Construction & Site Engineering Lead Mechanical Engineer Salary 2 - 13 years exp. (5 salaries)	₹4.2 L/yr - ₹8 L/yr
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Production, Manufacturing & Engineering Lead Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹6 L/yr

Last Updated: 5 Feb 2025

Companies similar to Thermax Limited for Lead Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Lead Mechanical Engineer Salary 12 - 15 years exp. (3 salaries)	₹9 L/yr - ₹19.3 L/yr 87% more
Larsen & Toubro Limited Lead Mechanical Engineer Salary 12 - 14 years exp. (4 salaries)	₹9.5 L/yr - ₹14 L/yr 77% more
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ABB Lead Mechanical Engineer Salary 11 - 12 years exp. (3 salaries)	₹9.6 L/yr - ₹10.6 L/yr 51% more
Tata Power Lead Mechanical Engineer Salary 5 - 14 years exp. (6 salaries)	₹4.5 L/yr - ₹13 L/yr 33% more
Danfoss Industries Lead Mechanical Engineer Salary 9 - 12 years exp. (4 salaries)	₹9.8 L/yr - ₹15.2 L/yr 90% more
John Deere Lead Mechanical Engineer Salary 9 - 15 years exp. (3 salaries)	₹20.5 L/yr - ₹28 L/yr 252% more
Epiroc Lead Mechanical Engineer Salary 3 - 9 years exp. (3 salaries)	₹9.2 L/yr - ₹12.2 L/yr 52% more

Lead Mechanical Engineer salary at Thermax Limited ranges between ₹4.2 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Lead Mechanical Engineer salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹11.8 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.8 L/yr
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4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.9 L/yr
6 years (3 salaries)	₹4.2 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr

View all

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₹5.45 L/yr - ₹9.06 L/yr

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Top skills at Thermax Limited for Lead Mechanical Engineer

Execution Project Management CAD Mechanical Engineering Piping Project Documentation Rotary Design Engineering

Salary related reviews for Thermax Limited

3.0

Rated by 1 employees for salary & benefits

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

Mechanical Maintenance Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Feb 2022

5.0

for Salary and Benefits

Likes

Best cultur for work, salary is every month 1 date compulsory, mess , gest house no cost , very smooth work, hr policy is very strong.

Salary - Excellent

+6 more

Dislikes

In the mechanical department many places only single incharge, so that work pressure and documentation is very high.

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.

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

Senior Project Engineer in Pune

Project & Program Management Department

4.0

• posted on 11 Apr 2021

3.0

for Salary and Benefits

Likes

Thermax provides one of the best working culture in industry and job security. Company policies are good with fair incentive every year.

Skill development - Good

+2 more

Dislikes

Thermax is not a pay master, Salary hikes are very low, appraisals and promotion are biased, work life balance is not so good.

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Thermax Limited Lead Mechanical Engineer Salary FAQs

What is the salary of Lead Mechanical Engineer at Thermax Limited ?

The average salary of a Lead Mechanical Engineer at Thermax Limited in India typically ranges from ₹4.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Lead Mechanical Engineer at Thermax Limited earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Lead Mechanical 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 8 Thermax Limited employees in India.

What is the estimated take home salary of a Lead Mechanical Engineer at Thermax Limited in India?

The estimated take-home salary of a Lead Mechanical Engineer at Thermax Limited in India typically ranges from ₹51,371 to ₹52,582 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 8 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 Lead Mechanical Engineer at Thermax Limited ?

To be a Lead Mechanical Engineer at Thermax Limited in india, the key skills required include:

- Execution
- Project Management
- CAD
- Mechanical Engineering
- Piping

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 Lead Mechanical Engineer in India?

John Deere	₹20.5 Lakhs to ₹28.0 Lakhs per year
Danfoss Industries	₹9.8 Lakhs to ₹15.2 Lakhs per year
Siemens	₹9.0 Lakhs to ₹19.3 Lakhs per year
Larsen & Toubro Limited	₹9.5 Lakhs to ₹14.0 Lakhs per year
Epiroc	₹9.2 Lakhs to ₹12.2 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 Lead Mechanical Engineer in companies similar to Thermax Limited in India?

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

ABB	₹9.6 Lakhs to ₹10.6 Lakhs per year
Tata Power	₹4.5 Lakhs to ₹13.0 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 Lead Mechanical Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
2 years	₹5.9 Lakhs to ₹11.8 Lakhs per year
3 years	₹6.5 Lakhs to ₹11.8 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
5 years	₹4.2 Lakhs to ₹11.9 Lakhs per year

and so on.

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Thermax Limited Lead Mechanical Engineer Salaries

Thermax Limited Lead Mechanical Engineer salary in India ranges between ₹4.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Thermax Limited latest salaries received from various employees of Thermax Limited.