Thermax Limited Chennai Project Manager Salaries by 4 Employees (Updated 2025)

5 - 13 years exp.

₹7 Lakhs - ₹12.3 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

45% less than the average Project Manager Salary in Industrial Machinery Companies for 5 - 13 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 11 - 13 years exp. (3 salaries)	₹7 L/yr - ₹12.3 L/yr
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Construction & Site Engineering Project Manager Salary 5 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹14.2 L/yr

Last Updated: 4 Apr 2025

Companies similar to Thermax Limited for Project Manager in Chennai

Thermax Limited Project Manager Salary

5 - 13 years exp. (4 salaries)

₹7 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Caterpillar Inc Project Manager Salary 7 - 20 years exp. (16 salaries)	₹12 L/yr - ₹39 L/yr 126% more	4 job openings
Danfoss Industries Project Manager Salary 12 - 21 years exp. (14 salaries)	₹11.3 L/yr - ₹24.5 L/yr 65% more
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KONE Project Manager Salary 8 - 18 years exp. (13 salaries)	₹9.5 L/yr - ₹30 L/yr 109% more
ABB Project Manager Salary 11 - 19 years exp. (11 salaries)	₹17 L/yr - ₹25 L/yr 101% more	2 job openings
EMERSON PROCESS MANAGEMENT Project Manager Salary 10 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹25.2 L/yr 69% more
Flowserve Project Manager Salary 3 - 7 years exp. (4 salaries)	₹7 L/yr - ₹16.6 L/yr 2% less

Project Manager salary at Thermax Limited ranges between ₹7 Lakhs to ₹12.3 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Project Manager salaries in Chennai

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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7 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr

View all

Similar Designation salaries in Thermax Limited

Project Coordinator Salary

(4 salaries)

₹3.3 L/yr - ₹9.62 L/yr

Top skills at Thermax Limited for Project Manager

Project Management Project Execution Project Execution Vendor Management Project Monitoring Project Planning Project Management Project Scheduling Project Planning Project Handling Project Scheduling Commissioning Operations Management Project Control Operations Management

Salary related reviews for Thermax Limited

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

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

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

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

see more salary related reviews

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Top trending discussions

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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 Project Manager Salary FAQs

What is the salary of Project Manager at Thermax Limited in Chennai?

The average salary of a Project Manager at Thermax Limited in Chennai typically ranges from ₹7.0 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Project Manager in Chennai at Thermax Limited earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Project 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 Project Manager at Thermax Limited in Chennai?

The estimated take-home salary of a Project Manager at Thermax Limited in Chennai typically ranges from ₹77,316 to ₹79,322 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 5 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 4 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 Project Manager at Thermax Limited in Chennai?

To be a Project Manager at Thermax Limited in Chennai, the key skills required include:

- Project Management
- Project Execution
- Project Execution
- Vendor Management
- Project Monitoring

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 Project Manager in India?

Caterpillar Inc	₹12.0 Lakhs to ₹39.0 Lakhs per year
KONE	₹9.5 Lakhs to ₹30.0 Lakhs per year
ABB	₹17.0 Lakhs to ₹25.0 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹9.6 Lakhs to ₹25.2 Lakhs per year
Danfoss Industries	₹11.3 Lakhs to ₹24.5 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 Project Manager in companies similar to Thermax Limited in Chennai?

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

Flowserve

₹7.0 Lakhs to ₹16.6 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 Project Manager at Thermax Limited in Chennai?

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

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
6 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
7 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
8 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Thermax Limited Project Manager Salaries in Chennai

Thermax Limited Project Manager salary in Chennai ranges between ₹7 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.