CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Thermax Limited is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Thermax Limited
Thermax House
14 Mumbai-Pune Road, Wakdewadi
Phone: +91 2025542122p:+91 2025542122 PUNE, 411003  India Ticker: THERMAXTHERMAX
Business Summary
Thermax Limited is an India-based energy and environment solutions provider. The Company's segments include Industrial Products, Industrial Infra, Green Solutions and Chemical. Industrial Products segment includes air pollution control, cooling, heating, water and waste solutions, and specialized services. Industrial Infra segment includes boilers and fired heaters, projects and energy solutions, and specialized services. Green Solutions segment includes build-own-operate, energy management solutions, green hydrogen projects and renewable energy (solar/wind). Chemical segment includes construction chemicals, ion exchange resins, oil field chemicals and performance chemicals. Its Thermax EDGE Live is a digital solution that uses AI and machine learning to analyze data from all industrial equipment worldwide and help clients to optimize asset performance in terms of up time and efficiency. It serves various industries, including aviation, construction, biotechnology and chemicals.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2024Yes----

Industries
SIC Code Description
1711 Plumbing, heating and air-conditioning
3443 Fabricated plate work (boiler shops)
3433 Heating equipment, except electric and warm air furnaces
3585 Air-conditioning and warm air heating equipment
1623 Water, sewer, pipeline, and communications and power line construction
3594 Fluid power pumps and motors
4961 Steam and air-conditioning supply
2869 Industrial organic chemicals, not elsewhere classified
2899 Chemicals and chemical preparations, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairperson of the Board MeherPudumjee 59 10/5/2004 1/1/1996
Chief Executive Officer, Managing Director, Executive Director AshishBhandari 9/1/2020 4/7/2020
Group Chief Financial Officer, Executive Vice President RajendranArunachalam 6/1/2019 6/1/2019
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
TSA Process Equipments Pvt Ltd 701, Star Hub 1, Hotel, Sahar Rd Mumbai India
Thermax Babcock & Wilcox Energy Solutions Pvt. Ltd. Gat No. 301/2/1, Mumbai Bangalore Highway Pune Maharashtra India

Business Names
Business Name
500411
Buildtech Products India Private Limited
Danstoker A/S
10 additional Business Names available in full report.

General Information
Number of Employees: 2,830 (As of 3/31/2024)
Outstanding Shares: 112,639,105 (As of 12/31/2024)
Shareholders: 41,721
Stock Exchange: NSE
Fax Number: +91 2025541226


Copyright © 2025 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Thursday, January 30, 2025