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Thermax

Thermax Ltd: An Indian Engineering Conglomerate Thermax Ltd stands as a prominent Indian multinational engineering conglomerate, with its headquarters situated in Pune. The company's core focus lies in providing solutions across three crucial sectors: clean air, clean energy, and clean water. This s...

Thermax Overview

Thermax Image Source : Wikipedia
  • Company type Public
  • Industry Conglomerate
  • Founded 1980
  • Headquarters Pune, Maharashtra, India
  • Area served Worldwide
  • Key people Meher Pudumjee (Chairperson), Ashish Bhandari (MD)
  • Revenue ₹9,323.46 crore (US$1.1 billion) (2024)
  • Net income ₹206.58 crore (US$24 million) (2021)
  • Website www.thermaxglobal.com

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Thermax history

Last Updated : 13/08/24, 09:52 AM
Thermax: A Legacy in Boiler Technology Established in 1966 as Wanson India Ltd, a collaboration between A S Bhathena and Belgian firm Wanson, Thermax initially focused on small-scale, once-through boilers for hospitals. The company's operations commenced in Dadar, Mumbai. Its evolution from a small ...

THERMAX NEWS

Thermax reports increased operational revenue as order books look up

February 03, 2021 9:12 pm

A press statement issued on Wednesday by the company read that it had an order balance of Rs 5,208 crore, down by four per cent from Rs 5,439 crore in the same quarter last fiscal.

Pune: Thermax Group reports drop in revenue for last fiscal

June 19, 2020 4:13 am

At the consolidated level, order booking for 2019-20 was Rs 5,498 crore, down by 2.4 per cent from the previous year when the company had reported order bookings of Rs 5,633 crore.

Top firms come forward to help Malin villagers, to impart skill training

August 28, 2014 1:59 am

M N Sanyal said they were already supporting an NGO working in the area and the schools.

Thermax hit by lack of orders,slowdown in power sector

July 26, 2013 3:26 am

With the power sector going through a tough time world over,companies associated with the sector are facing the music.

Business diary: Leoni opens new plant in Chakan

May 14, 2013 1:40 am

Leoni AG,a company that supplies cables and cable systems to the automotive sector and other industries,has opened its new plant in Chakan.

Thermax Q1 net falls 16.5 per cent

July 27, 2012 3:30 am

The net profit of Thermax declined for the first quarter of the current financial year owing to the fall in the orders of the company.

‘Optimism about power situation on the wane’

July 03, 2012 2:41 am

Pointing out that companies like Thermax,Crompton Greaves,L&T and others received limited orders in the last three quarters,officials from power equipment firms feel that the so-called optimism about power situation in the state was only temporary

Level playing field for power gear firms: Praful Patel

November 04, 2011 1:39 am

Now,we will have inter ministerial discussions before we come out with a final decision on it,” Praful Patel said while briefing reporters

Thermax Q1 net profit rises 28%

July 22, 2011 3:13 pm

Company's balance went down by 2.6% at end of quarter to Rs 6,804 crore

Thermax posts Q4 net profit at Rs 126 cr

May 04, 2011 3:38 am

The company had posted a loss of Rs 15.68 crore in corresponding period last year,Thermax said in a filing to the Bombay Stock Exchange.

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