Thermax Limited (NSE:THERMAX)
India flag India · Delayed Price · Currency is INR
3,888.40
+2.50 (0.06%)
Jul 18, 2025, 3:29 PM IST

Thermax Company Description

Thermax Limited provides energy, environmental, and chemical solutions in India and internationally.

It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction.

The Industrial Infra segment provides engineering, procurement, and construction (EPC) of power plants, infra projects, and flue gas desulphurisation projects, along with associated services and manufacturing, installation, sales and services related to boiler and heater plants.

The Green solutions segment builds, owns and operates BOO models, energy management solutions, oil and gas-fired, green hydrogen projects and renewable energy (Solar/Wind).

The Chemical segment offers manufacturing, installation, sales and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services.

It also operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services.

In addition, the company offers steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery.

It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries.

Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Thermax Limited
Thermax logo
CountryIndia
Founded1966
IndustryConglomerates
SectorIndustrials
Employees3,704
CEOAshish Bhandari

Contact Details

Address:
Thermax House
Pune, Maharashtra 411003
India
Phone91 20 6605 1200
Websitethermaxglobal.com

Stock Details

Ticker SymbolTHERMAX
ExchangeNational Stock Exchange of India
Fiscal YearApril - March
Reporting CurrencyINR
ISIN NumberINE152A01029
SIC Code3433

Key Executives

NamePosition
Ashish BhandariMD, Chief Executive Officer and Additional Director
Rajendran ArunachalamExecutive Vice President and Group Chief Financial Officer
Dr. Santanu ChaudhuriChief Technology Officer
Dr. Amit SethiExecutive Vice President and Chief Digital and Information Officer
Jasmeet BhatiaExecutive Vice President and Chief Human Resources Officer
Pravin KarvePresident of TBWES and P&ES
B. C. MaheshPresident of Industrial Products Business
Dinesh MandhanaExecutive Vice President and BU Head of Chemical
Kirtiraj JilkarExecutive Vice President and BU Head of P&ES
B. C. RajeshExecutive Vice President