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Thermax Ltd. (India)

Main Activities: Boiler, Tank, and Shipping Container Manufacturing | Professional, Scientific, and Technical Services
Full name: Thermax Ltd. Profile Updated: November 28, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

Thermax Ltd. provides a range of engineering solutions to the energy and environment sectors. The company offers products like boilers and thermal oil heaters, energy chillers and customized products like exhaust gas boilers. The company also provides Absorption Cooling, Water and Waste Solutions, Chemicals for Energy and Environment applications, Power and Cogeneration systems, Air Pollution and Purification. Thermax Ltd. was incorporated in 1980 and is based in Maharashtra.

Legal Address
D-13, MIDC, Industrial Area,, R D Aga Road, Chinchwad
Pune; Maharashtra; Postal Code: 411019

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Website: http://www.thermaxglobal.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 13, 1980
Key Executives
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Chairperson
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Chief Executive Director and Managing Director
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President
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Sr. VP (Operations)
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Director
Ownership Details
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53.99%
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7.99%
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7.6%
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5.13%
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2.5%
Subsidiaries
Boilerworks
100%
Danstoker AS (Denmark)
100%
Danstoker Poland SpoBka Z Organiczona Odpowiedzialnoscia (Poland)
100%
Company Performance
Financial values in the chart are available after Thermax Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-3.43%
Total operating revenue
-3.18%
Operating profit (EBIT)
-7.62%
EBITDA
-2.61%
Net Profit (Loss) for the Period
-11.9%
Total Assets
11.12%
Total Equity
9.35%
Operating Profit Margin (ROS)
-0.44%
Net Profit Margin
-0.56%
Return on Equity (ROE)
-1.29%
Debt/Equity
3.9%
Quick Ratio
-0.02%
Cash Ratio
0.08%

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