Thermax Limited Mumbai Territory Manager Salaries by 4 Employees (Updated 2025)

6 - 9 years exp.

₹7.3 Lakhs - ₹8.9 Lakhs

Salary of majority employees

9% more than the average Territory Manager Salary in Industrial Machinery Companies for 6 - 9 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Thermax Limited for Territory Manager in Mumbai

Thermax Limited Territory Manager Salary

6 - 9 years exp. (4 salaries)

₹7.3 L/yr - ₹8.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Siemens Territory Manager Salary 9 - 11 years exp. (3 salaries)	₹14.5 L/yr - ₹19 L/yr 89% more	1 job opening
CG Power and Industrial Solutions Territory Manager Salary 7 - 12 years exp. (13 salaries)	₹7 L/yr - ₹10.8 L/yr 5% more
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Blue Star Territory Manager Salary 12 - 13 years exp. (3 salaries)	₹14 L/yr - ₹16.5 L/yr 64% more
IDFC FIRST Bank Territory Manager Salary 1 - 12 years exp. (75 salaries)	₹4.1 L/yr - ₹12.5 L/yr 5% less	1 job opening
Hafele Territory Manager Salary 1 - 9 years exp. (33 salaries)	₹7.1 L/yr - ₹12.4 L/yr 16% more	5 job openings

Territory Manager salary at Thermax Limited ranges between ₹7.3 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Territory Manager salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.9 L/yr
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8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16.6 L/yr

From

Territory Manager

₹

Lakhs/yr

4 - 11 years exp.

Regional Manager

₹

Lakhs/yr

7 - 16 years exp.

Territory Manager 4 - 11 years exp.

Zonal Manager 8 - 13 years exp.

43% hike

Regional Manager 7 - 16 years exp.

34% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Thermax Limited

Territory Sales Manager Salary

(6 salaries)

₹6.2 L/yr - ₹14 L/yr

Top skills at Thermax Limited for Territory Manager

Sales Key Account Management US Sales Industrial products Switching Software Support Networking Sales Channel Sales Channel Management Financial Restructuring Analytical Skills ArcIMS Holiday Packages Sales Planning

Salary related reviews for Thermax Limited

Marketing Executive in Pune

Full Time

Marketing & Communication Department

3.0

• posted on 20 Mar 2023

2.0

for Salary and Benefits

Likes

Learning till certain point and job security part

Skill development - Good

+1 more

Dislikes

...; it feels like whole generation gap in working styles. Need more younger crowd. Salary is low as compared with industry peers while one resource is working equivalent to 3times of the required resource.

Salary - Poor

+2 more

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 04 Mar 2023

2.0

for Salary and Benefits

Likes

Work life balance.

Job security - Excellent

Dislikes

Salary and increments are too low. Everything depends on the division and in which team you are working. Managers plays key role in the development of any individual role. It's all about luck to have a good manager or ....

Salary - Poor

+2 more

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

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.

Territory Sales Manager in Ahmedabad

Sales & Business Development Department

5.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Working Culture is very good . You will get freedom of work . If your are a self started then there is ocean of opportunities.

Skill development - Good

+5 more

Dislikes

Salary & other compensations are not much good as compared to other industry .although your a extra-ordinary performance you will get standard increment which is so demoralizing. Only Salary & politics is a bad side of thermax.

Salary - Poor

see more salary related reviews

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Thermax Limited Territory Manager Salary FAQs

What is the salary of Territory Manager at Thermax Limited Mumbai?

Territory Manager salary at Thermax Limited in Mumbai ranges between ₹7.3 Lakhs to ₹8.9 Lakhs for experience between 6 years to 9 years. According to our estimates it is 9% more than the average Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited Mumbai.

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

The average salary of a Territory Manager at Thermax Limited is 9% more than the average salary of a Territory Manager in Mumbai. To know exact salary insights, login to view.

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

Sales, Key Account Management, US Sales, Industrial products and Switching are some of the popular skills required to work as a Territory Manager at Thermax Limited Mumbai.

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

Siemens Territory Manager Salary - ₹14.5 Lakhs to ₹19.0 Lakhs per year
Blue Star Territory Manager Salary - ₹14.0 Lakhs to ₹16.5 Lakhs per year
Hafele Territory Manager Salary - ₹7.1 Lakhs to ₹12.4 Lakhs per year
CG Power and Industrial Solutions Territory Manager Salary - ₹7.0 Lakhs to ₹10.8 Lakhs per year

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

IDFC FIRST Bank Territory Manager Salary - ₹4.1 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Thermax Limited ranges between ₹63,417 per month to ₹65,031 per month in Mumbai. The take-home salary calculation is based on the average Thermax Limited Territory Manager salary in India which ranges between ₹7.3 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

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Thermax Limited Territory Manager Salaries in Mumbai

Thermax Limited Territory Manager salary in Mumbai ranges between ₹7.3 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Territory Manager salaries in Mumbai

Companies similar to Thermax Limited for Territory Manager in Mumbai

Latest annual salaries shared by Thermax Limited Territory Manager in Mumbai

Experience wise Thermax Limited Territory Manager salaries in Mumbai

Similar Designation salaries in Thermax Limited

Top skills at Thermax Limited for Territory Manager

Salary related reviews for Thermax Limited

Marketing Executive in Pune

Territory Sales Manager in Pune

Area Sales Manager (working remotely)

Deputy Manager in Pune

Territory Sales Manager in Ahmedabad

Thermax Limited Territory Manager Salary FAQs

Tell us how to improve this page.