Thermax Ltd.

Company Overview

Thermax Ltd. provides products and services in water and waste solutions, steam engineering, outsourced utility delivery services, operations and maintenance, boiler and heater services, and cooling services. It offers water treatment and wastewater treatment plants tailored to the diverse needs of various industries. By designing, building, and managing water treatment projects, it creates and implements tailored or standardized industrial water treatment solutions. In water treatment, offerings include chemical dosing, clarifiers, filters, softeners, demineralization, and membrane filtration; in wastewater treatment, offerings include biological and chemical treatment. Thermax has 1,300 assemblies for water and wastewater treatment products in Pune, India. It operates globally, with 34 offices worldwide and 22 domestic offices. It has established 14 production houses, 10 in India and four overseas, spanning Europe and Southeast Asia. Thermax has ~10,000 cubic meters of ion exchange resins manufacturing capacity in Jhagadia, Gujarat, India, and ~20,000 cubic meters in Dehej, Gujarat, India.

Financial Highlights (FY 2025)

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.