Adhiam Thermal Systems & Solutions

What Adhiam Thermal Systems & Solutions does

Adhiam Thermal Systems & Solutions Pvt Ltd is an Indian private industrial manufacturer founded in 2005 and headquartered in Guindy, Chennai, with 11-50 employees and manufacturing facilities in Chennai and Pune. The company designs, fabricates, and services heat transfer equipment across three divisions: Heat Exchangers (plate, spiral, shell-and-tube, and air-cooled), Electrochemical (electrolyzers, electrochlorination plants, electrodialysis systems, and proprietary Mixed Metal Oxide coated titanium anodes), and Special Projects (skid-mounted fluid cooling, heat recovery systems, and solar PV power plants). Technical differentiation centers on laser-welded semi-welded plates operating up to 30 bar, advanced finned-coil dry coolers with 40% greater air-to-fluid contact, capability in exotic materials (titanium, zirconium, tantalum, Hastelloy, Inconel), and comprehensive in-house testing including hydrostatic, radiographic, PMI, helium leakage, and ferrite content testing.

Revenue is generated predominantly through one-time hardware sales of customized heat exchangers and electrochemical systems to industrial customers (chemical processing, power generation, oil and gas, marine, steel, food and beverage, sugar, HVAC, water treatment). A second revenue stream consists of professional services: refurbishment, chemical and CIP cleaning, on-site/off-site maintenance, supervisory services at approximately Rs 8,500/day plus travel, and a replacement-parts business covering multiple PHE brands including Alfa Laval, Tranter, and Kelvion. Pricing is quote-based and not publicly disclosed; AMC contracts with pre-allocated spare stock create a recurring service layer.

The go-to-market is enterprise field sales with named contacts (G. Vignesh in Chennai, Shubham Subhash Gatkar in Pune), supported by direct sales to OEMs and contractors, channel partnerships via Qatar operations at Raslaffan Industrial City, and a content/SEO-driven website funnel. The company operates with no external venture or PE capital disclosed, has been self-funded since inception, and reports active operating status across domestic and select international markets.

Name

Adhiam Thermal Systems & Solutions

Legal name

Adhiam Thermal Systems & Solutions Pvt Ltd

Website

https://adhiam.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Adhiam Thermal Systems & Solutions manufactures heat exchangers, electrochemical systems, and solar PV plants from Chennai and Pune, serving chemical, power generation, oil and gas, marine, steel, and food processing customers across India and select international markets.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchangers

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro industry

PRIMARYIMAHAKAC

Heat Exchangers & Thermal Transfer Equipment

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Refrigeration, HVAC & Thermal Equipment

SECONDARYIMAHAEAC

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers)

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Process & Industrial Plant Equipment

SECONDARYIMADANAF

Heat Exchangers, Coils & Hydronic HVAC Components

Industrials, Manufacturing & Construction/Building Materials & Products/HVAC Components & Building Ventilation Products

SECONDARYEUABAJAF

Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Industrial Decarbonization Solutions (Process Heat, Electrification, Fuel Switching)

Keywords

• Industrial heat exchangers
• Plate heat exchangers
• Electrochemical systems
• Heat transfer equipment
• Thermal systems solutions

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Heat Exchanger Sales: Manufacturing and sale of plate heat exchangers, spiral heat exchangers, shell and tube heat exchangers, compact fin air-cooled heat exchangers. One-time equipment sales with customization to customer specifications.
2. Maintenance and Service: Plate heat exchanger service including refurbishment, chemical cleaning, CIP cleaning, on-site and off-site maintenance. Annual Maintenance Contracts (AMC) with allocated spare stock.
3. Replacement Parts: Supply of replacement plates and gaskets for multiple brands including Alfa Laval, Tranter, Kelvion, Funke, APV, Sondex, and more. Spare tie rods, carrying bars, and other PHE components.
4. Electrochemical Systems: Electrodialysis systems, electrochlorination systems, and MMO coated anodes for water treatment, desalination, and marine applications.
5. Solar PV Power Plants: Design and installation of on-grid and off-grid solar photovoltaic power plants for industrial applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Adhiam manufactures and services industrial heat transfer equipment including plate heat exchangers, spiral heat exchangers, shell and tube heat exchangers, and compact fin air-cooled heat exchangers, alongside electrochemical systems such as electrochlorination plants, electrodialysis systems, and MMO-coated titanium anodes. The company also delivers skid-mounted fluid cooling and heat recovery systems, solar PV power plants, and plate heat exchanger maintenance services including refurbishment, chemical and CIP cleaning, on-site service, and Annual Maintenance Contracts (AMC) with allocated spare stock.

Differentiator

Problem solved

Functional benefit

Products and services

• Plate Heat Exchangers Gasketed plate heat exchangers with high theta and low theta corrugated plate combinations for desired pressure drop and thermal performance; design pressure up to 25 bar, heat transfer area from 0.02 m² to 1.84 m² per plate. Used in chemical processing, power generation, HVAC/R, sugar, food & beverage, and marine industries.
• Semi-Welded Plate Heat Exchangers (Bloc Welded) Semi-welded plate heat exchangers with laser-welded plates where pairs of plates are welded and alternate sides use gasket channels; clip-type ring gasket for aggressive media on welded channel side. Design pressure up to 30 bar, temperature up to 180°C/-40°C. Targeted at applications with aggressive media where full gasket designs are unsuitable.
• Spiral Heat Exchanger Compact spiral heat exchangers for handling high-viscosity fluids and particulate-laden liquids, with internal surfaces designed to minimize fouling and enable easy cleaning. Applied in chemical processing, sugar, effluent, and other fouling-prone services.
• Shell and Tube Heat Exchanger Robust shell and tube heat exchangers designed for high-pressure and high-temperature fluid handling, with accessible tube bundles for ease of maintenance. Used in power generation, oil and gas, chemical, and general process industries.
• Compact Fin Air-Cooled Heat Exchanger (Dry Coolers and Atranex Transformer Oil Coolers) Air-cooled heat exchangers using cross-fin copper tubes with corrugated aluminum fins to deliver 40% increased air-to-fluid contact vs traditional fin technology, with an optional adiabatic mode. Includes Atranex-branded transformer oil coolers with modular construction, IP55 motor protection, F-insulation, hot-dip galvanized casing, and seismic/vibration-resistant design. Targeted at transformer oil cooling, lube oil cooling, and process fluid cooling.
• Electrochlorination Systems On-site sodium hypochlorite generation systems using seawater or brine as feedstock, available in parallel plate and concentric tube electrolyser configurations with customizable cell layouts and MMO-coated titanium anodes. Used for marine growth prevention, ballast water treatment, cooling water disinfection, and industrial water treatment.
• Electrodialysis Systems Electrically charged membrane-based systems for ion separation from aqueous solutions, applied to pharmaceutical desalination, effluent treatment, and related industrial separations.
• MMO Coating on Titanium Anodes Mixed Metal Oxide coating on titanium anodes offering reliability, long life, multiple configurations, lightweight and low-cost form factors, with Ruthenium oxide and Iridium oxide variants selected for different operating environments. Used as components of electrochlorination and electrodialysis systems and as consumables.
• Solar PV Power Plants Design, manufacture, and installation of on-grid and off-grid solar photovoltaic power plants for industrial customers. Delivered as turnkey projects that supplement customers' energy cost reduction and clean energy adoption goals.
• Skid-Mounted Fluid Cooling and Heat Recovery Systems Custom-engineered, skid-mounted fluid cooling and heat recovery systems for power generation, chemical processing, oil and gas, and other process industries. Designed as integrated packages combining Adhiam heat exchangers with supporting ancillaries.
• Plate Heat Exchanger Service (Refurbishment, Chemical Cleaning, CIP Cleaning) Plate heat exchanger service including refurbishment, chemical cleaning, CIP (clean-in-place) cleaning, and on-site/off-site maintenance of plate heat exchangers from multiple brands. Offered both as one-off service and via Annual Maintenance Contracts (AMC) with allocated spare stock.
• Spiral Heat Exchanger Refurbishment Service Refurbishment service for spiral heat exchangers, including cleaning, repair, and component replacement to restore performance of fouled or damaged units.
• Plate Heat Exchanger Replacement Parts Supply of replacement plates, gaskets, spare tie rods, carrying bars, and other plate heat exchanger components compatible with Alfa Laval, Tranter, Kelvion, Funke, APV, Sondex, and other brands.
• Annual Maintenance Contracts (AMC) for Heat Exchangers Annual Maintenance Contracts providing scheduled cleaning, inspection, and spare-part allocation for installed heat exchangers, with stock reserved for AMC customers to minimize downtime and create ongoing service revenue.

Quantifiable outcome

• 90% energy recovery achievable in water cooled oil free air compressor applications
• +3 more outcomes

Named customers5 records

Segments10 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Two partnerships are on record, tiered minor.

• Contractor's Manufacturing Site (for plate pressing)minorOthersPlates are pressed at contractor's site while frames are manufactured, assembled, and hydro-tested at company's factory. Allows for specialized pressing capabilities.
• Third Party Inspection AgenciesminorImplementation/ SI/ Consulting PartnerEquipment offered for customer inspection and third party inspection by agencies including TUV, Lloyd's Register, Bureau Veritas and others as required by design codes.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• GEA Group: Large diversified industrial process equipment group with a heat exchanger division (now Kelvion) and broader food/dairy/pharma process technology; competes with Adhiam in chemical and food processing applications as an incumbent.

Direct peers

• Sondex (Danfoss): Plate heat exchanger brand now owned by Danfoss; competes in industrial PHE and is explicitly named in Adhiam's spare parts compatibility list.
• Hisaka Works: Japanese manufacturer of plate and frame heat exchangers with global industrial installations; comparable technology and customer segments to Adhiam in chemical, food and power.
• SWEP (Dover Corporation): Manufacturer of brazed plate heat exchangers for HVAC and refrigeration; competes with Adhiam's compact and plate HX lines in HVAC/refrigeration and industrial applications.
• Kelvion (formerly GEA Heat Exchangers/SPX): Major manufacturer of plate, shell & tube and air-cooled heat exchangers serving power, chemical, oil & gas and marine; Adhiam supports Kelvion-style units via replacement parts and refurbishment services.
• Funke Wärmetauscher: German manufacturer of plate and shell & tube heat exchangers; named in Adhiam's brand list for which spare plates and gaskets are supplied, evidencing direct aftermarket and engineering overlap.
• Tranter (part of Chart Industries): Specialist in plate heat exchangers for chemical, petrochemical and power applications; Adhiam lists Tranter among the brands for which it supplies spare plates and gaskets, indicating direct aftermarket overlap.
• Alfa Laval: Global leader in heat transfer, separation and fluid handling; competes head-on with Adhiam's plate heat exchangers, spiral heat exchangers and aftermarket service/spare parts offerings. Adhiam actively services Alfa Laval units and supplies replacement parts for them.
• APV (SPX): Heat exchanger and process equipment brand widely deployed in dairy, food and chemical; Adhiam lists APV among brands serviced, indicating comparable plate technology and spare parts business.

Regional players

• Thermax Limited: Indian industrial engineering and energy solutions company with significant heat transfer, boiler and EPC businesses; a comparable Indian-headquartered peer serving chemical, power and process industries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/adhiam-thermal-systems-solutions-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adhiam Thermal Systems & Solutions