Thermax
| File:Thermax logo.svg | |
| Company type | Public |
|---|---|
| ISIN | INE152A01029 |
| Industry | Conglomerate |
| Founded | 1980 |
| Headquarters | Pune, Maharashtra, India |
Area served | Worldwide |
Key people |
|
| Products | Integrated products in the areas of clean air, clean energy, clean water and chemicals. |
| Revenue |  ₹9,323 crore (US$1.1 billion) (2024)[1] |
| ₹206 crore (US$24 million) (2021)[1] | |
| Total assets | ₹6,506 crore (US$770 million) (2021)[1] |
| Total equity | ₹3,251 crore (US$380 million) (2021)[1] |
| Website | www |
Thermax Ltd is an Indian multinational engineering conglomerate, involved in clean air, clean energy and clean water, headquartered in Pune.[2]
History
[edit | edit source]Thermax was founded by A. S. Bhathena in 1966 as Wanson India Ltd, manufacturing package boilers. The company subsequently began manufacturing equipment related to cogeneration, air pollution control, water treatment and absorption refrigeration among others.[3][4][5]
In 1981, Bhathena was succeeded by his son-in-law Rohinton Aga as chairman. In February 1995, the company went public and listed on the Bombay Stock Exchange. After Aga's death in 1996, his wife Anu Aga took over the operations.[5]
In 2009, it signed a 51–49 joint venture with US firm SPX Corporation to provide equipment and services for the Indian power sector.[6][7]
In 2010, it signed a joint venture agreement with US-based Babcock & Wilcox to manufacture super-critical boilers for the power sector.[8]
See also
[edit | edit source]References
[edit | edit source]- ^ a b c d Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).
- Heating, ventilation, and air conditioning companies
- Manufacturing companies established in 1980
- Manufacturing companies based in Pune
- Multinational companies headquartered in India
- Engineering companies of India
- Indian brands
- Indian companies established in 1980
- 1980 establishments in Maharashtra
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange