Thermax

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Founded:

1966

Status:

PublicIndependent CompanyNational Stock Exchange of IndiaTHERMAX

Annual Revenue
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THERMAX TOP COMPETITORS OR ALTERNATIVES

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BHEL is perceived as one of Thermax's biggest rivals. BHEL was founded in 1964 in New Delhi, Delhi. BHEL is in the Industrial Machinery & Equipment field. BHEL generates $2B more revenue than Thermax.

Fontus Water is Thermax's #2 rival. Fontus Water is a Private company that was founded in 2000 in New Delhi, Delhi. Fontus Water competes in the industry. Compared to Thermax, Fontus Water has 3,498 fewer employees.

Alstom is one of Thermax's top competitors. Alstom's headquarters is in Paris, Île-de-France, and was founded in 1928. Alstom operates in the Railroads industry. Alstom generates 2,272% of Thermax's revenue.

Thermax Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$453.7M

Thermax's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 11.4B. Over the last three quarters, Thermax's revenue has decreased by 90.6%. Specifically, in Q1 2021's revenue was $14.6M; in Q4 2020, it was $196.3M; in Q3 2020, it was $154.6M.

Thermax Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

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Barite Investments Sp. z.o.o.

Mar 2017

Source »
undisclosed
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Steam Division, Virgo Valves & Controls India

Mar 2012

Source »
undisclosed
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Rifox Hans Richter GmbH

Mar 2012

Source »
undisclosed
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Thermax Funding History

No recent funding data found related to Thermax

Thermax Investments

No recent investments found related to Thermax

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Thermax Headquarters

Thermax House, 14 Mumbai Pune Road Wakdewadi

Pune, Maharashtra411003

020-25542122

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Thermax Summary

ABOUT

Overview

Thermax Group is providing a range of engineering solutions to the energy and environment sectors. Thermax was founded in 1966. Thermax's headquarters is located in Pune, Maharashtra, IN 411003. Thermax's latest acquisitions include Barite Investments...

Frequently Asked Questions about Thermax

  1. When was Thermax founded?

    Thermax was founded in 1966
  2. How much revenue does Thermax generate?

    Thermax generates $453.7M in revenue
  3. How much funding does Thermax have?

    Thermax has historically raised $0 in funding
  4. Where is Thermax's headquarters?

    Thermax's headquarters is in Pune Maharashtra, IN
  1. How many employees does Thermax have?

    Thermax has 3,601 employees
  2. What sector does Thermax operate in?

    Thermax is in Renewable Energy , Renewable Energy Equipment & Services
  3. Who are Thermax's competitors?

    Thermax's top competitors are BHEL, Fontus Water, Alstom