THERMAX.NS - Thermax Limited

NSE - NSE Real Time Price. Currency in INR

Thermax Limited

Thermax House
14 Mumbai-Pune Road Wakdewadi
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. Kedar PhadkeCompliance Officer and Company Sec.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 through three segments: Energy, Environment, and Chemical. The company offers vapor absorption chillers, heat pumps and transformers, and solar-based and process cooling products; waste heat recovery systems, industrial boilers, solar-based heating, and fired heaters; and power plants, balance of plant, and turnkey solutions for gas fired power plants, as well as operation and maintenance services. It also provides solar thermal hybrid systems for cooling and heating, solar concentrators, and solar photovoltaic systems; and steam boilers, thermic fluid heaters, hot water and air heaters/generators, waste HRB, and energy plants. 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, and boiler house products and monitoring equipment. Further, it provides electrostatic precipitators, bag filters, particulate and gaseous scrubbers, Combofilters, and thermax modular gas coolers; water and waste management systems and solutions, such as water treatment, effluent and sewage treatment and recycling, and incineration; and chemicals, such as water treatment, fireside, green, sugar industry, paper, oil field, and oil field chemicals, as well as fuel additives and ion exchange resins. The company also provides energy, retrofit and revamp, utility outsourcing, customer training, and specialized services and solutions; 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. 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.