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Thermax Limited (THERMAX.NS)

NSE - NSE Real Time Price. Currency in INR
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914.80+3.10 (+0.34%)
At close: 3:29PM IST

Thermax Limited

Thermax House
14 Mumbai-Pune Road
Pune 411003
91 20 6605 1200

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees

Key Executives

Mr. M. S. UnnikrishnanMD, CEO & Exec. Director40.73MN/A56
Mr. Amitabha Mukhopadhyay B.Sc. (Hons), CAExec. VP & Group CFO18.81MN/A53
Dr. R. R. SondeExec. VP of Research, Technology & InnovationN/AN/AN/A
Mr. Sharad GangalExec. VP of HR, IR & Admin.N/AN/AN/A
Mr. Sudhir LaleCompliance Officer & Sr. Mang.N/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


Thermax Limited provides engineering solutions in India and internationally. It operates in two segments, Energy and Environment. The company offers air pollution control products, such as bag filters, wet scrubbers, electrostatic precipitators, ComboFilters, and modular gas coolers; absorption cooling systems, such as absorption chillers, heat pumps, solar-based cooling products, and air cooled heat exchangers; boilers, such as waste heat recovery and solar-based heating systems, large industrial boilers, and hot water generators; and fired and thermal oil heaters. It also offers water treatment, fireside, green, sugar industry, paper, oil field, and construction chemicals, as well as fuel additives and ion exchange resins; EPC power plants; solar thermal and photovoltaic solutions; and water and waste management systems and solutions, such as water treatment, effluent and sewage treatment and recycling, and incineration. In addition, the company offers steam accessories, such as condensate recovery systems, steam traps, pre-fabricated modules, pressure reducing stations, pressure reducing and desuper heating systems, valves, steam line mountings, boiler house products and monitoring equipment, and specialty products. Further, it provides energy, retrofit and revamp, waste water treatment, utility outsourcing, turnkey project execution, large boiler, customer training, and specialized services and solutions; packaged boilers and peripherals; power plants operation and maintenance services; and spares. It serves oil and gas, steel, automobile, food, cement, chemicals, refinery and petrochemicals, power generation, textile, pharmaceutical, paper and pulp, tank farm heating, space heating, sugar, paint, rubber, and edible oil industries; hotels and commercial complexes; EPC majors and consultants; distilleries; and municipalities. The company was founded in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.

Corporate Governance

Thermax Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.