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Thermax Ltd.

Company Snapshot

Founded: 1980
Entity Type: Public
Employees: 5,225
Region: India
Revenue: $1,126.2 Millions
Revenue Year: 2023
Headquarter: Pune, Maharashtra, India
Key Geographics: India
Corporate Address: Thermax House, 14 Mumbai - Pune Road Wakdewadi, Pune, Maharashtra - 411 003 India Ph.: +91-020-6605-1200 www.thermaxglobal.com

Company Overview

The company was established in 1980 and is headquartered in India. The company is engaged in providing products and services in the field of water and waste solutions; steam engineering; outsourced utility delivery services on boot, operations, and maintenance; boiler and heater services; and cooling services. The company provides sulfite-based oxygen scavengers in the global market. Thermax operates worldwide through 34 global and 22 domestic offices. The company has established 14 production houses, 10 in India and four overseas, spanning Europe and Southeast Asia.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Thermax Ltd. In Reports

Water and Wastewater Treatment Technologies: Global Markets

According to our Research Report the water and wastewater treatment market report includes current and projected market value and a general market outlook. It also contains tables and figures that provide comprehensive...

Heat Pumps: Global Markets to 2030

According to our Research Report the heat pump market demand estimates are made for 2025 and projected over five years, with 2024 as the base year.

Global Oxygen Scavenger Market

BCC Research Market Report says global market for oxygen scavengers is expected to grow from $2.4 billion in 2023 to $3.1 billion by the end of 2028 at a CAGR of 5.1%.

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Company's Business Segments

  • Industrial Products : This segment includes Boilers, Fired Heaters, Absorption Cooling, Heating Devices, Steam Engineering Solutions, Water and Waste Solutions, Specialised Services.
  • Industrial Infra : This segment includes Projects Solutions, Energy Solutions, Boilers and Fired Heaters, Specialised Services.
  • Green Solutions : This segment includes Energy Management Solutions, Green Hydrogen Projects, RE Power Projects, Solar and Wind Hybrid Farms and Storage Batteries.
  • Chemical : This segment includes Construction Chemicals, Ion Exchange Resins, Oil Field Chemicals, Performance Chemicals.

Applications/End User Industries

  • Chemical Industry
  • Construction
  • Solar
  • Power
  • Energy
  • Waste Management
  • Construction Chemicals
  • Ion Exchange Resins
  • Oil Field Chemicals
  • Performance Chemicals
  • Boilers
  • Fired Heaters
  • Absorption Cooling
  • Steam Engineering Solutions
  • Water and Waste Solutions
  • Specialised Services
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