Thermax Limited Senior Executive Salaries by 100+ Employees (Updated 2025)

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Production, Manufacturing & Engineering Construction & Site Engineering Research & Development Procurement & Supply Chain + 6 more

Designation	Avg Annual Salary	Open Jobs
Senior Executive 5 - 14 years exp. (211 salaries)	₹4 L/yr - ₹11 L/yr
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Deputy Manager 11 - 21 years exp. (159 salaries)	₹7 L/yr - ₹20.1 L/yr
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Finance Executive 0 - 15 years exp. (18 salaries)	₹2.9 L/yr - ₹6.5 L/yr
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Senior Accounts Executive 5 - 20 years exp. (12 salaries)	₹2.5 L/yr - ₹8 L/yr
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Management Trainee 0 - 3 years exp. (7 salaries)	₹13 L/yr - ₹16 L/yr
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Account Assistant 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr
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Accounts Officer 6 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.2 L/yr
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Accountant 2 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹5.3 L/yr
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Analyst 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Financial Analyst 15 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Process Associate 2 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
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Senior Analyst 13 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Senior Associate Fresher (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Shift Incharge 3 - 13 years exp. (303 salaries)	₹2.7 L/yr - ₹10.5 L/yr	2 job openings
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Electrical Engineer 1 - 12 years exp. (231 salaries)	₹2.4 L/yr - ₹7.3 L/yr
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Control Room Engineer 2 - 10 years exp. (196 salaries)	₹2.5 L/yr - ₹7 L/yr	2 job openings
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Safety Officer 3 - 8 years exp. (178 salaries)	₹2.5 L/yr - ₹8.8 L/yr
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Mechanical Engineer 1 - 11 years exp. (140 salaries)	₹1.8 L/yr - ₹9.5 L/yr	1 job opening
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Senior Engineer 6 - 14 years exp. (137 salaries)	₹3.3 L/yr - ₹12 L/yr
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Project Manager 5 - 16 years exp. (136 salaries)	₹5.6 L/yr - ₹19.5 L/yr	1 job opening
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Project Engineer 1 - 10 years exp. (119 salaries)	₹2 L/yr - ₹9.7 L/yr
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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Salary related reviews for Thermax Limited

3.3

Rated by 36 employees for salary & benefits

Senior Executive in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Nov 2023

3.0

for Salary and Benefits

Likes

1. You can learn many new things in all areas. 2. How to go through difficult situation and close the issue you can learn here. 3. Travel experience liked a lot .

Skill development - Good

+1 more

Dislikes

1. As a site person we don’t get much salary hikes and other benefits in time. 2. No work/ life balance as travel was a lot to do. 3. No time to time promotions to site engineers after working for 5-6 year company taken in roll.

Promotions - Poor

+1 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.

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

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

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Thermax Limited Salary FAQs

How much does Thermax Limited pay to its employees?

The average annual salary at Thermax Limited varies depending on the role, experience, and location. The salary ranges for some popular designations at Thermax Limited, are as follows:

Senior Executive	₹4 Lakhs to ₹11 Lakhs per year
Deputy Manager	₹7 Lakhs to ₹20.1 Lakhs per year
Finance Executive	₹2.9 Lakhs to ₹6.5 Lakhs per year
Senior Accounts Executive	₹2.5 Lakhs to ₹8 Lakhs per year

The highest-paying role, Accounts Manager, earns between ₹33.3 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹30.1 Lakhs per year. 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 salary estimates are based on data from 192 salaries submitted by Thermax Limited employees. Thermax Limited is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Thermax Limited in India?

The salary of a fresher at Thermax Limited in India typically ranges from ₹1.2 Lakh to ₹11 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Graduate Engineer Trainee (Get) Salary	₹2 Lakhs to ₹11 Lakhs per year
Fresher as a Graduate Apprentice Trainee Salary	₹1.2 Lakhs to ₹3.2 Lakhs per year
Fresher as a Engineer Trainee Salary	₹1.5 Lakhs to ₹3.5 Lakhs per year
Fresher as a HR Intern Salary	₹0.6 Lakhs to ₹7 Lakhs per year

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Average annual salary for Senior Executive in Thermax Limited is INR . Salary estimates are based on 192 Thermax Limited latest salaries received from various employees of Thermax Limited.