The Thermolab’s management team comprises an illustrious panel of revolutionary thinkers with a common set of ideologies. Their tireless efforts have helped establish the Thermolab Group as a force to reckon with.


Late Mr. M. L. Deshpande, Group Chairman, Thermolab Group

Mr. M. L. Deshpande, a science graduate, is the founder of the Thermolab Company – Thermolab Scientific Equipment Pvt. Ltd. He started this business in the year 1967, with the support of only 3 people in a small space of 100 sq. ft. But, his vision and sharp business acumen have served as pillars of strength for his team, over the years. Under his able and dynamic leadership, his legacy of determination and success is being carried forward by Mr. Sandip Mhatre and Mrs. Neelam Mhatre.


Mr. Sandip Mhatre, Group Managing Director, Thermolab Group

Mr. Sandip Mhatre, a visionary and global entrepreneur with over 25 years of experience in this profession has taken Thermolab to new heights. An engineer by qualification, Mr. Mhatre has been an impeccable leader and have helped Thermolab grow in more ways than one. He is a key player in developing Thermolab’s leading product ‘Stability Chamber’ to international standards and quality. Thermolab’s Stability Chambers have also been awarded as the ‘Leaders in Sustainable Stability Chambers by UBM India Pharma Award 2015.

Under his proficient leadership and foresight of global trends, Thermolab broadened its horizon into international market. Spreading the brand over 50 countries, Thermolab has proven to be a true global leader. Recently, Mr. Sandip Mhatre was awarded the “Indian Leadership Award for Industrial Development” by the all India Achievers Foundation, New Delhi, for his contribution towards industrial development.


Mrs. Neelam Mhatre, Group Director, Thermolab Group

Mrs. Neelam Mhatre, an engineer by profession and over 25 years of experience in Thermolab is equally responsible for the technological evolution of the company. Her passion is to attain excellence and growth on a global platform. She is trained Six Sigma professional and is responsible for implementation of management system like ERP, ISO and ISM. Her excellent man management skills and her ability to build highly professional and functional teams has made Thermolab strengthen its roots in the industry. Mrs. Mhatre and her inherent ability to diversify and spot opportunities has lead into establishing Thermolab Analyticals a Stability Storage and Analytical Testing Laboratory.

Mr. Pradeep Wandrekar, Group Director - Finance, Thermolab Group

Mr. Pradeep Wandrekar, is a commerce graduate and holds professional qualification of FCMA. He has a rich experience of more than 40 years in the field of finance and general and strategic management. He is associated with Thermolab since 1996 and plays a vital role in efficiently managing the groups finance. He also is on the advisory board of the group that takes decisions for the long term growth and betterment of the business. Mr. Wandrekar was Council member of the ‘Western India Regional Council of The Institute of Cost Accountants Of India’ during 2007-11. He was chairman of the region in 2007-08.


Mrs. Sayali Mhatre, Director, Thermolab Group

Mrs. Sayali Mhatre, the third generation of the family business joined Thermolab Group after completion of her engineering and management studies from national and international universities. After working under various heads in the organisation, she is currently involved in production activity through product development and customer satisfaction. Following the tradition, Ms. Mhatre is also working on her path towards product innovation.


Mr. Hardik Mhatre, Director, Thermolab Group

Mr. Hardik Mhatre, a marketing professional with over a decade of experience in Marketing & Sales Support. He has a keen interest in Design & Data Analytics leading to strategical Business growth. Having completed Leadership Development Programme from international business schools, Mr. Mhatre is instrumental in developing key growth sales strategies, tactics, action plans and understanding customer trends working towards global expansion.

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