Thermax

Thermax Group is a prominent engineering solutions provider in the energy and environment sectors, with a revenue of INR 5516 crore. The company operates through four main segments: industrial products, industrial infrastructure, green solutions, and chemicals. It primarily generates revenue from the Industrial Infra segment, offering a diverse portfolio that includes boilers, heaters, absorption chillers, power plants, solar equipment, air pollution control systems, and water and waste recycling plants. Additionally, Thermax produces ion exchange resins and performance chemicals. The company derives over half of its revenue from the Indian market, reflecting its strong domestic presence.