Thermax Limited (NSE:THERMAX)
India flag India · Delayed Price · Currency is INR
3,278.10
-22.80 (-0.69%)
Aug 14, 2025, 3:30 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
Country India
Founded 1966
Industry Conglomerates
Sector Industrials
Employees 5,601
CEO Ashish Bhandari

Contact Details

Address:
Thermax House
Pune, Maharashtra 411003
India
Phone 91 20 6605 1200
Website thermaxglobal.com

Stock Details

Ticker Symbol THERMAX
Exchange National Stock Exchange of India
Fiscal Year April - March
Reporting Currency INR
ISIN Number INE152A01029
SIC Code 3433

Key Executives

Name Position
Ashish Bhandari MD, Chief Executive Officer and Additional Director
Rajendran Arunachalam Executive Vice President and Group Chief Financial Officer
Dr. Santanu Chaudhuri Executive Vice President and Chief Technology Officer
Dr. Amit Sethi Executive Vice President and Chief Digital and Information Officer
Sangeet Hunjan Company Secretary and Compliance Officer
Samina Khalid Head of Corporate Communication
Jasmeet Bhatia Executive Vice President and Chief Human Resources Officer
B. C. Mahesh President of Industrial Products Business
Dinesh Mandhana Executive Vice President and BU Head of Chemical
Kirtiraj Jilkar Executive Vice President and BU Head of P&ES