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Thermax

#3448

Rank

$3.92B

Marketcap

IN India

Country

Thermax
Leadership team

Mr. Ashish Bhandari (MD, CEO & Additional Director)

Mr. Rajendran Arunachalam (Exec. VP & Group CFO)

Ms. Janhavi Khele (Company Sec. & Compliance Officer)

Products/ Services
Energy, Solar
Number of Employees
1,000 - 20,000
Headquarters
Pune, Maharashtra, India
Established
2015
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
THERMAX.NS
Social Media
Overview
Location
Summary
Thermax Limited provides energy, environment, and chemical solutions in India and internationally. It operates through three segments: Energy, Environment, and Chemical. The company offers vapor absorption and hybrid chillers, heat pumps, chiller-heaters, and heat transformers; evaporative condensers, closed loop cooling towers, adiabatic and dry coolers, radiators, and air cooled heat exchangers and condensers; EPC solutions, such as cogen or trigen power plants, air cooled condensers, bio-CNG plants, waste heat recovery power plants, and refinery process units; and renewable energy solutions. It also provides oil and gas fired boilers, heat recovery boilers and systems, high pressure boilers, lean gas and solid fuel fired boilers, hot water generators, waste to energy boilers, fired heaters and process furnaces, waste heat recovery units, thermal oil heaters and vaporizers, hot water and air generators, energy plants, and packaged and modular units, as well as specialized services. In addition, the company offers air pollution control and water and waste solutions; and chemicals, such as ion exchange resins, water and fuel treatment chemicals, oil field chemicals, and construction chemicals. It serves agriculture, automobiles and auto components, aviation, biotechnology, cement, commercial/construction, engineering and capital goods, as well as food and beverages, fast moving consumer goods, healthcare, hospitality, infrastructure, IT and datacenter, manufacturing, medical devices, metals, oil and gas, paper and pulp, pharmaceuticals, power, renewable energy, rubber, telecommunications, textiles, and wood industries. The company was founded in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.
History

Thermax was founded in 1980 as a family-run firm. It gained recognition as a provider of advanced boilers, heaters and energy solutions, and is now ranked as one of India’s top engineering companies. It was listed on the Bombay Stock Exchange (BSE) in 1989 and is a significant industrial supplier in India, having grown over the years to offer a wide range of products and services.

Mission
We aspire to become a leading technology company with a global outlook delivering world-class products and services to customers.
Vision
To be a globally respected high performance organisation offering sustainable solutions in energy and environment.
Key Team

Mr. Mahesh Murthy (Exec. VP & CTO)

Dr. Amit Sethi (Exec. VP and Chief Digital & Information Officer)

Mr. Jasmeet Bhatia (Exec. VP & Chief HR Officer)

Mr. Hemant Mohgaonkar (Exec. VP of New Energy)

Mr. Pravin Karve (Pres of TBWES and P&ES)

Mr. B. C. Mahesh (Exec. VP & Head of Industrial Product Bus.)

Mr. Bill Shukla (Exec. VP of Industrial Products)

Recognition and Awards
Thermax has earned global recognition through its commitment to excellence as well as numerous awards, including the Economic Times Best Corporate Brand and Global Award for Excellence in Corporate Planning from the World Brand Congress.
References

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Thermax
Leadership team

Mr. Ashish Bhandari (MD, CEO & Additional Director)

Mr. Rajendran Arunachalam (Exec. VP & Group CFO)

Ms. Janhavi Khele (Company Sec. & Compliance Officer)

Products/ Services
Energy, Solar
Number of Employees
1,000 - 20,000
Headquarters
Pune, Maharashtra, India
Established
2015
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
THERMAX.NS
Social Media