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Thermax Limited Procurement Executive salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹2.5 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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Fixed (89%)
₹5.2 Lakhs
Variable (11%)
₹0.6 Lakh
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34% more than the average Procurement Executive Salary in Industrial Machinery Companies for 1 - 7 years of experience

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Last Updated: 2 Feb 2025

Companies similar to Thermax Limited for Procurement Executive

Company name Avg Annual Salary Open Jobs
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Fuji Electric Procurement Executive Salary

5 - 7 years exp. (4 salaries)

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₹3.5 L/yr - ₹4 L/yr

arrow icon 36% less
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₹6.7 L/yr - ₹9.3 L/yr

arrow icon 36% more
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ABB Procurement Executive Salary

1 - 12 years exp. (4 salaries)

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₹3 L/yr - ₹9.9 L/yr

arrow icon 5% more
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TechnipFMC Procurement Executive Salary

4 - 8 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.8 L/yr

arrow icon 32% less
2 job openings
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₹2 L/yr - ₹4.5 L/yr

arrow icon 49% less
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Caterpillar Inc Procurement Executive Salary

3 - 10 years exp. (3 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 41% more
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₹3.3 L/yr - ₹3.4 L/yr

arrow icon 43% less
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₹1.1 L/yr - ₹7 L/yr

arrow icon 14% less
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₹3.3 L/yr - ₹4.9 L/yr

arrow icon 27% less
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Cummins Procurement Executive Salary

1 - 3 years exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 32% less
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TÜV SÜD Procurement Executive Salary

5 - 6 years exp. (3 salaries)

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₹3.8 L/yr - ₹4.8 L/yr

arrow icon 23% less
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₹3 L/yr - ₹5 L/yr

arrow icon 25% less
Procurement Executive salary at Thermax Limited ranges between ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 25 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Procurement Executive

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Experience wise Thermax Limited Procurement Executive salaries

Last Updated: 2 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2.5 L/yr - ₹5.5 L/yr
2 years  (4 salaries)

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₹3 L/yr - ₹5.5 L/yr
3 years  (6 salaries)

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₹2.5 L/yr - ₹6.5 L/yr
4 years  (6 salaries)

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₹3.2 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7.6 L/yr
View all

Similar Designation salaries in Thermax Limited

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₹2.4 L/yr - ₹9 L/yr
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₹2.5 L/yr - ₹4.5 L/yr
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₹2.95 L/yr - ₹7.1 L/yr
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₹6.3 L/yr - ₹17.5 L/yr
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₹4 L/yr - ₹10.5 L/yr
Supply Chain Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Store Incharge Salary
(20 salaries)
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₹3 L/yr - ₹7.1 L/yr
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₹2 L/yr - ₹7.8 L/yr
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₹3.2 L/yr - ₹4 L/yr
Purchase Officer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Top skills at Thermax Limited for Procurement Executive

Relationship Management Vendor Development Project Procurement Purchase Buying

Salary related reviews for Thermax Limited

4.5

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Good
  • +5 more

Dislikes

One thing that need to be improve is pay scale.

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.

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

read more
  • 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.

read more

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.

read more

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.

read more
  • Job security - Poor
  • +2 more

Procurement & Supply Chain Department

4.0
  •  posted on 30 Oct 2020

4.0
 for  Salary and Benefits

Likes

Average work environment and cluture. There is large cafeteria. Company polocies average and they give average Salary hike and Bonus every year.

read more
  • Salary - Good
  • +3 more

Dislikes

There is a lot of politics and managment dosen't address our issues. Salary and career growth is slow.

read more
  • Job security - Poor
  • +2 more
see more salary related reviews

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Thermax Limited Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Thermax Limited ?
The average salary of a Procurement Executive at Thermax Limited in India typically ranges from ₹2.5 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Procurement Executive at Thermax Limited earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Procurement Executive 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 20+ Thermax Limited employees in India.
What is the estimated take home salary of a Procurement Executive at Thermax Limited in India?
The estimated take-home salary of a Procurement Executive at Thermax Limited in India typically ranges from ₹43,989 to ₹45,095 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 20+ 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 Executive at Thermax Limited ?
To be a Procurement Executive at Thermax Limited in india, the key skills required include:

  • - Relationship Management
  • - Vendor Development
  • - Project Procurement
  • - Purchase
  • - Buying

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 Executive in India?
Caterpillar Inc ₹4.5 Lakhs to ₹15.0 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹6.7 Lakhs to ₹9.3 Lakhs per year
ABB ₹3.0 Lakhs to ₹9.9 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 Executive in companies similar to Thermax Limited in India?
The salary of a Procurement Executive at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Expertise Contracting Company ₹1.1 Lakhs to ₹7.0 Lakhs per year
TÜV SÜD ₹3.8 Lakhs to ₹4.8 Lakhs per year
Sany Heavy Industry ₹3.0 Lakhs to ₹5.0 Lakhs per year
Wipro Infrastructure Engineering ₹3.3 Lakhs to ₹4.9 Lakhs per year
TechnipFMC ₹3.2 Lakhs to ₹4.8 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 Executive at Thermax Limited in India?
The salary growth for a Procurement Executive at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Procurement Executive can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹5.5 Lakhs per year
2 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
3 years ₹2.5 Lakhs to ₹6.5 Lakhs per year
4 years ₹3.2 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

Thermax Limited Procurement Executive salary in India ranges between ₹2.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Thermax Limited latest salaries received from various employees of Thermax Limited.