Thermax Limited Manager Salaries by 50+ Employees (Updated 2025)

10 - 23 years exp.

₹8 Lakhs - ₹30 Lakhs

Salary of majority employees

Fixed (92%)

₹16.9 Lakhs

Variable (8%)

₹1.5 Lakh

13% more than the average Manager Salary in Industrial Machinery Companies for 10 - 23 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Salary 10 - 18 years exp. (14 salaries)	₹6.3 L/yr - ₹24.4 L/yr
Procurement & Supply Chain Manager Salary 10 - 21 years exp. (11 salaries)	₹9.5 L/yr - ₹26.5 L/yr
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Construction & Site Engineering Manager Salary 15 - 23 years exp. (7 salaries)	₹11.2 L/yr - ₹25 L/yr
Project & Program Management Manager Salary 12 - 22 years exp. (5 salaries)	₹11 L/yr - ₹30 L/yr
Research & Development Manager Salary 13 - 22 years exp. (5 salaries)	₹20 L/yr - ₹29 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Thermax Limited for Manager

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BHEL Manager Salary 12 - 17 years exp. (272 salaries)	₹14 L/yr - ₹35 L/yr 33% more
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Siemens Manager Salary 6 - 20 years exp. (604 salaries)	₹8.2 L/yr - ₹32 L/yr 2% less	3 job openings
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Tata Power Manager Salary 8 - 19 years exp. (179 salaries)	₹7.3 L/yr - ₹27 L/yr 11% less
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Blue Star Manager Salary 11 - 20 years exp. (109 salaries)	₹12 L/yr - ₹30 L/yr 24% more
John Deere Manager Salary 10 - 21 years exp. (141 salaries)	₹10.7 L/yr - ₹45 L/yr 40% more
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Kirloskar Oil Engines Manager Salary 7 - 22 years exp. (88 salaries)	₹7.5 L/yr - ₹21 L/yr 30% less
Caterpillar Inc Manager Salary 9 - 17 years exp. (62 salaries)	₹13.5 L/yr - ₹35 L/yr 32% more
Sany Heavy Industry Manager Salary 9 - 15 years exp. (36 salaries)	₹7.5 L/yr - ₹20.2 L/yr 27% less
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KSB Limited - Irrigation & Process Division (IPD) Manager Salary 9 - 23 years exp. (38 salaries)	₹10 L/yr - ₹25 L/yr 3% more
TechnipFMC Manager Salary 9 - 16 years exp. (33 salaries)	₹11.6 L/yr - ₹28 L/yr 7% less
TÜV SÜD Manager Salary 7 - 21 years exp. (30 salaries)	₹8.1 L/yr - ₹14 L/yr 42% less	3 job openings
Wipro Infrastructure Engineering Manager Salary 11 - 21 years exp. (26 salaries)	₹8.2 L/yr - ₹24.8 L/yr 17% less	1 job opening
Lakshmi Machine Works Manager Salary 16 - 25 years exp. (24 salaries)	₹12 L/yr - ₹19 L/yr 4% less

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Manager salary at Thermax Limited ranges between ₹8 Lakhs to ₹30 Lakhs per year for employees with experience between 10 years to 23 years. Salary estimates are based on 54 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
10 years (4 salaries)	₹5.9 L/yr - ₹25.4 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹19.2 L/yr
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12 years (3 salaries)	₹8.2 L/yr - ₹27.8 L/yr
13 years (3 salaries)	₹8.5 L/yr - ₹20.4 L/yr
14 years (5 salaries)	₹9.1 L/yr - ₹22.9 L/yr
15+ years (37 salaries)	₹10.3 L/yr - ₹30 L/yr

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Similar Designation salaries in Thermax Limited

Deputy Manager Salary

(157 salaries)

₹7 L/yr - ₹20.1 L/yr

Finance Manager Salary

(6 salaries)

₹16 L/yr - ₹25 L/yr

Management Trainee Salary

(7 salaries)

₹13 L/yr - ₹16 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹21.2 L/yr - ₹27 L/yr

Financial Controller Salary

(9 salaries)

₹27.5 L/yr - ₹41.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Top skills at Thermax Limited for Manager

Vendor Management Interpersonal Skills Turbine Cooling Tower Chillers

Salary related reviews for Thermax Limited

3.6

Rated by 17 employees for salary & benefits

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.

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Manager Salary FAQs

What is the salary of Manager at Thermax Limited?

Manager salary at Thermax Limited in India ranges between ₹8.0 Lakhs to ₹30.0 Lakhs for experience between 10 years to 23 years. According to our estimates it is 13% more than the average Manager Salary in India. Salary estimates are based on 54 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Manager at Thermax Limited is 13% more than the average salary of a Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Thermax Limited?

Vendor Management, Interpersonal Skills, Turbine, Cooling Tower and Chillers are some of the popular skills required to work as a Manager at Thermax Limited India.

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

Epiroc Manager Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year
John Deere Manager Salary - ₹10.7 Lakhs to ₹45.0 Lakhs per year
BHEL Manager Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
Caterpillar Inc Manager Salary - ₹13.5 Lakhs to ₹35.0 Lakhs per year
Atlas Copco Manager Salary - ₹11.9 Lakhs to ₹32.0 Lakhs per year

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

Blue Star Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Danfoss Industries Manager Salary - ₹9.8 Lakhs to ₹28.0 Lakhs per year
KONE Manager Salary - ₹10.8 Lakhs to ₹28.0 Lakhs per year
GKN Manager Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year
Flowserve Manager Salary - ₹16.0 Lakhs to ₹23.6 Lakhs per year

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

The estimated take-home salary of a Manager at Thermax Limited ranges between ₹1,23,462 per month to ₹1,27,181 per month in India. The take-home salary calculation is based on the average Thermax Limited Manager salary in India which ranges between ₹8.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 10 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Manager at Thermax Limited?

According to AmbitionBox, 64% of the Thermax Limited Managers reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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Thermax Limited Manager Salaries

Thermax Limited Manager salary in India ranges between ₹8 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 54 Thermax Limited latest salaries received from various employees of Thermax Limited.