Thermax Celebrates 30 Years of NSE Listing with Revenue Growth from ~Rs. 470 crores to Rs. 10,389 crores

Thermax Limited, a leading energy and environment solutions provider, celebrated 30 years of listing at the National Stock Exchange (NSE) with a ceremonial bell-ringing event at NSE Mumbai. Over the last three decades, Thermax has grown from its start as a packaged boiler and heating equipment manufacturer into a future ready energy transition and sustainability solutions provider. The company's revenue has grown since listing, expanding from ~Rs. 470 crores in FY 1995-96 to Rs. 10,389 crores in FY 2024-25. Thermax has 16 world-class facilities globally, 12 in India and four overseas.