Thermax Ltd is an India-based company that provides engineering solutions. The company operates through three segments based on product type. The energy segment, which accounts for most of the company's sales, supplies boilers, industrial and commercial cooling machines, turnkey power plants, photovoltaic and thermal solutions. The environment segment provides products and services for infrastructure that controls air pollution and waste water. The chemical segment supplies chemicals for boilers, resins, paper production, construction, and oil fields. The company generates more than half of its revenue from India.