Thermax Limited Pune Procurement Engineer Salaries by 40+ Employees (Updated 2025)

1 - 8 years exp.

₹2.4 Lakhs - ₹9 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

47% more than the average Procurement Engineer Salary in Industrial Machinery Companies for 1 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Engineer Salary 1 - 8 years exp. (38 salaries)	₹2.4 L/yr - ₹9 L/yr
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Production, Manufacturing & Engineering Procurement Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹5.7 L/yr

Last Updated: 22 Mar 2025

Companies similar to Thermax Limited for Procurement Engineer in Pune

Thermax Limited Procurement Engineer Salary

1 - 8 years exp. (44 salaries)

₹2.4 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
EMERSON PROCESS MANAGEMENT Procurement Engineer Salary 0 - 9 years exp. (14 salaries)	₹1.9 L/yr - ₹9.6 L/yr 18% less
Atlas Copco Procurement Engineer Salary 3 - 7 years exp. (12 salaries)	₹4 L/yr - ₹7.5 L/yr 3% less
Login to view exact salary
John Deere Procurement Engineer Salary 2 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹4.2 L/yr 39% less
Thyssenkrupp Industrial Solutions Procurement Engineer Salary 5 - 7 years exp. (6 salaries)	₹4.5 L/yr - ₹7.3 L/yr 9% more
Techmaxx Engineering Services Procurement Engineer Salary 1 - 4 years exp. (139 salaries)	₹2 L/yr - ₹3.8 L/yr 46% less

Procurement Engineer salary at Thermax Limited ranges between ₹2.4 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 44 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Procurement Engineer in Pune

2w ago

₹4.3 Lakhs

2 years exp.

2w ago

₹4.3 Lakhs

2 years exp.

2w ago

₹5.7 Lakhs

2 years exp.

4w ago

₹8 Lakhs

8 years exp.

1mo ago

₹6 Lakhs

4 years exp.

1mo ago

3 years exp.

1mo ago

1 year exp.

1mo ago

6 years exp.

2mo ago

2 years exp.

3mo ago

1 year exp.

Experience wise Thermax Limited Procurement Engineer salaries in Pune

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.5 L/yr - ₹5.3 L/yr
2 years (10 salaries)	₹3 L/yr - ₹7 L/yr
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3 years (7 salaries)	₹2.4 L/yr - ₹7 L/yr
4 years (3 salaries)	₹2.2 L/yr - ₹7.1 L/yr
5 years (7 salaries)	₹3.6 L/yr - ₹8 L/yr
6 years (3 salaries)	₹6 L/yr - ₹11.5 L/yr
7 years (3 salaries)	₹6.8 L/yr - ₹8 L/yr
8 years (6 salaries)	₹5.2 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Thermax Limited

Project Engineer Salary

(76 salaries)

₹2 L/yr - ₹9.6 L/yr

Purchase Engineer Salary

(40 salaries)

₹2 L/yr - ₹7.1 L/yr

Executive Engineer Salary

(27 salaries)

₹2.4 L/yr - ₹7.3 L/yr

Senior Engineer Salary

(26 salaries)

₹4.05 L/yr - ₹12 L/yr

Procurement Executive Salary

(23 salaries)

₹2.5 L/yr - ₹10.5 L/yr

Senior Procurement Engineer Salary

(3 salaries)

₹9 L/yr - ₹15.3 L/yr

Procurement Associate Salary

(3 salaries)

₹6.3 L/yr - ₹17.5 L/yr

Top skills at Thermax Limited for Procurement Engineer

Procurement ASME Project Procurement Analytical Chemistry ERP Systems Industrial Dispatch Execution Raw Material Costing Civil Engineering Vendor Management Energy Management Logistics Excel

Salary related reviews for Thermax Limited

2.5

Rated by 8 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

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.

Buyer in Bhosari MIDC, Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Feb 2021

5.0

for Salary and Benefits

Likes

In lock down, we have utilise the available time for learning and skills development. Thermax have ensured us that no one is going to loose his/her job on account of COVID- 19

Salary - Excellent

+5 more

Dislikes

Thermax is given job security and work satisfaction but on other hand salary growth is extremely low especially for individual contributors.

Procurement Executive in Pune

Procurement & Supply Chain Department

4.0

• posted on 20 Mar 2021

4.0

for Salary and Benefits

Likes

One think that I like the most in thermax working culture, learning opportunities, provide you different kind of task that will help you to boast you life.

Salary - Good

+5 more

Dislikes

One thing that need to be improve is pay scale.

Senior Engineer in Ahmedabad

Project & Program Management Department

4.0

• posted on 12 Apr 2020

3.0

for Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

Job security - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Thermax Limited Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Thermax Limited in Pune?

The average salary of a Procurement Engineer at Thermax Limited in Pune typically ranges from ₹2.4 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Procurement Engineer in Pune at Thermax Limited earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Procurement 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 40+ Thermax Limited employees in India.

What is the estimated take home salary of a Procurement Engineer at Thermax Limited in Pune?

The estimated take-home salary of a Procurement Engineer at Thermax Limited in Pune typically ranges from ₹43,369 to ₹44,484 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 40+ 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 Procurement Engineer at Thermax Limited in Pune?

To be a Procurement Engineer at Thermax Limited in Pune, the key skills required include:

- Procurement
- ASME
- Project Procurement
- Analytical Chemistry
- ERP Systems

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 Procurement Engineer in India?

Thyssenkrupp Industrial Solutions

₹4.5 Lakhs to ₹7.3 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 Procurement Engineer in companies similar to Thermax Limited in Pune?

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

Atlas Copco	₹4.0 Lakhs to ₹7.5 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹1.9 Lakhs to ₹9.6 Lakhs per year
John Deere	₹2.5 Lakhs to ₹4.2 Lakhs per year
Techmaxx Engineering Services	₹2.0 Lakhs to ₹3.8 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 Procurement Engineer at Thermax Limited in Pune?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹5.3 Lakhs per year
2 years	₹3.0 Lakhs to ₹7.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹7.0 Lakhs per year
4 years	₹2.2 Lakhs to ₹7.1 Lakhs per year

and so on.

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Thermax Limited Procurement Engineer Salaries in Pune

Thermax Limited Procurement Engineer salary in Pune ranges between ₹2.4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Procurement Engineer salaries in Pune (Updated 2025)

Companies similar to Thermax Limited for Procurement Engineer in Pune

Latest annual salaries shared by Thermax Limited Procurement Engineer in Pune

Experience wise Thermax Limited Procurement Engineer salaries in Pune

Similar Designation salaries in Thermax Limited

Top skills at Thermax Limited for Procurement Engineer

Salary related reviews for Thermax Limited

Assistant Engineer in Sirohi

Deputy Manager in Pune

Buyer in Bhosari MIDC, Pune

Procurement Executive in Pune

Senior Engineer in Ahmedabad

Thermax Limited Procurement Engineer Salary FAQs

Tell us how to improve this page.