Thermax Limited Research Analyst Salaries by Employees (Updated 2025)

Select experience

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 22 Jun 2022

Companies similar to Thermax Limited for Research Analyst

Company name	Avg Annual Salary	Open Jobs
ABB Research Analyst Salary 4 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹13.3 L/yr 238% more
Tata Power Research Analyst Salary 2 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 62% more
Login to view exact salary
FactSet Research Analyst Salary 0 - 4 years exp. (2.8k salaries)	₹1.8 L/yr - ₹5.2 L/yr 26% more	1 job opening
Crisil Research Analyst Salary 0 - 7 years exp. (955 salaries)	₹5 L/yr - ₹19 L/yr 249% more	35 job openings
Xdbs Research Analyst Salary 0 - 6 years exp. (431 salaries)	₹1 L/yr - ₹4 L/yr 10% less

Research Analyst salary at Thermax Limited ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year. Salary estimates are based on 1 latest salaries received from various employees of Thermax Limited.

Similar Designation salaries in Thermax Limited

Research Associate Salary

(12 salaries)

₹3.2 L/yr - ₹8.9 L/yr

Research Assistant Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Chemist Salary

(61 salaries)

₹1.8 L/yr - ₹5 L/yr

Senior Engineer Salary

(133 salaries)

₹3.9 L/yr - ₹12 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Lead Engineer Salary

(27 salaries)

₹5.7 L/yr - ₹10.74 L/yr

Design Engineer Salary

(117 salaries)

₹2.1 L/yr - ₹10.71 L/yr

Deputy Manager Salary

(148 salaries)

₹7.3 L/yr - ₹20.1 L/yr

Senior Research Associate Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.3 L/yr

Salary related reviews for Thermax Limited

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

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.

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

Design Engineer in Pune

Research & Development Department

4.0

• posted on 26 Sep 2020

3.0

for Salary and Benefits

Likes

Company has good ambient and most of the employees are satisfied with the work. Learning scope is more in Thermax. HR team is so good, will help you in all the situations. Overall company performance is little down these days due to slack in power sector. Company needs more innovation.But work is in progress.You will enjoy the culture.Company let you learn skills that you need and make you visit to the sites and conferences of your concern departments.My overall experience with Thermax was nice.

Skill development - Good

+5 more

Dislikes

The compensation is bit more dependent on years of experience rather than your passion and expertise in your area. Innovation is not given that much importance, people are used to traditional methods of working.Work pressure is fluctuating and most of the time responsibilities of the post are not defined specifically. Sometimes you have to do the work which is not of your projects.

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about Thermax Limited?

Ask anonymously on communities.

Tell us how to improve this page.

Home >
Salaries >
Thermax Limited Salaries >
Thermax Limited Research Analyst Salaries

Thermax Limited Research Analyst salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Thermax Limited.

Thermax Limited Research Analyst salaries in India

Companies similar to Thermax Limited for Research Analyst

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Lead Engineer in Prayagraj / Allahabad

Deputy Manager in Pune

Senior Engineer in Ahmedabad

Design Engineer in Pune

Sales And Business Development in Mumbai

Tell us how to improve this page.