Thermax Limited. · NSE:THERMAX
Thermax — Q3 FY2022-23 Earnings Presentation
19 slides from Thermax's earnings presentation, Feb 8, 2023
Slide 1: Exchange filing cover letter for investor presentation
February 8, 2023 To The Secretary National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, PJ Towers, Dalal Street Bandra Kurla Complex, Mumbai: 400 001 Bandra (E) Company Scrip Code: 500411 Mumbai – 400 051 Company Scrip Code: THERMAX EQ Sub: Regulation 30 of the SEBI (Lis
Slide 2: Thermax Limited: Investor Presentation Q3 FY22-23
Thermax Limited: Investor Presentation Q3 FY22-23 Conserving Resources, Preserving the Future.
Slide 3: To be a globally respected high performance organisation
To be a globally respected high performance organisation offering sustainable solutions in energy and the environment 2 Conserving Resources, Preserving the Future.
Slide 4: Disclaimer
Disclaimer This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global ec
Slide 5: Thermax at a Glance
Thermax at a Glance 3,758 Employees Globally* Installations in Sales and Service presence in 90+ Countries 30+ Countries $807 Million revenue 14 Manufacturing Locations (10 in India, 4 abroad) Conserving Resources, Preserving the Future Note: employees excluding workmen 4 Confidential and Internal P
Slide 6: Business Highlights - Energy
Business Highlights - Energy Meeting Power Needs of a Steel Major in India Generating Steam for a Paper Mill in Dubai Cooling Solutions for a Fertiliser Major TOESL Sets-up Backward Integration of Biomass Fuel Supply Chain Arial (Body) 14pt Commissioned largest package of 545 TPH boiler and 175 MWe
Slide 7: Business Highlights - Environment
Business Highlights - Environment Cleaning SO2 for a F&B Helping a Cement Co. Major in India Adhere to Emission Norms Beverage Giant Installs Thermax’s ZLD Solution Sewage Treatment Plant for Township at Fertiliser Industry Commissioned FGD for SO2 removal Upgradation of an existing coal mill bag Co
Slide 8: Business Highlights - Chemical
Business Highlights - Chemical Growth in IoT Solutions for Cooling Water Applications Growth in Oil Field Chemicals Healthy Order Pipeline for Construction Chemicals Seen 40% growth as compared to last Oil field chemicals have seen a Construction chemicals have good orders quarter for automated IoT
Slide 9: New Product Launched
New Product Launched For after water treatment/sewage recycling Completely automated and remote monitoring enabled system Low maintenance cost Benefit of membranes highly hydrophilic polymer Inherent antifouling properties 1st in introducing polynorbit hollow fiber membrane SDI and TSS reduction SDI
Slide 10: Thermax Q3 FY 2022-23 Results
Thermax Q3 FY 2022-23 Results Operating Cash and Order book Order balance PBT* PAT revenue Investments 2,204 cr. 9,859 cr. 2,049 cr. 165 cr. 126 cr. 2,595 cr. 10 % 33 % 27 % 53 % 59 % 12 % • An increase in revenue and stabilisation of input commodity costs led to a better Q3 performance compared to
Slide 11: Q3 – Order Book Status
Q3 – Order Book Status Others Cement 12 % • Received orders for waste heat recovery boilers 19% from a leading cement manufacturer in India Automobile 5% • Received multiple orders to set up Bio CNG plants Paper and Pulp Fertiliser 7% 15% • Major order received from agro-chemical company for setting
Slide 12: Consolidated Performance Indicators
Consolidated Performance Indicators Q2, 2023 Performance Indicator Q3, 2023 Q3, 2022 2,015 Order Booking 2,204 2,462 9,485 Order Balance 9,859 7,389 2,075 Revenue 2,049 1,615 142 Profit Before Tax and Exceptional (PBT) 165 108 6.9% PBT before Exceptional % 8.0% 6.7% - Exceptional Item - - 142 Profit
Slide 13: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q3, 2023 YOY% Change YTD Dec 2022 YOY% Change Energy 1,558 34 % 6,884 40% Environment 501 -56 % 2,862 22% Chemical 145 -12 % 113 -8% Total 2,204 -10 % 9,859 33% The order book in last year's Q3 was higher due to an order
Slide 14: Business Performance Summary
Business Performance Summary For Q3, FY2022-23 For Q3, FY2021-22 YTD Dec FY2022-23 YTD Dec FY2021-22 Segments Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Energy 1,480 113 7.6% 1,163 73 6.3% 4,173 268 6.4% 2,983 185 6.2% Environment 438 26 6.0% 339 11 3.2% 1,179 60
Slide 15: Business Segment Wise - Quarterly Trend
Business Segment Wise - Quarterly Trend Energy Environment OB RR PBIT OB RR PBIT 1,200 35 3,000 120 30 Value in Rs. crore 1,000 25 2,500 100 Value in Rs. crore 800 20 2,000 80 15 PBIT PBIT 1,500 60 600 10 5 1,000 40 400 - 200 -5 500 20 -10 - - - -15 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 16: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2021-22 YTD, FY 2022-23 Q3, FY 2022-23 268 287 72 Chemical 300 Chemical 195 Chemical 73 2,517 1,044 410 Order Environment 87 Environment 193 3,640 Environment 91 4,747 1,123 Book 1,490 1,171 435 Energy Energy Energy - 2,000 4,000 6,000 8,000 - 2,000 4,000 6,
Slide 17: Industry Outlook
Industry Outlook Input Cost Market Sentiments • Steel, chemical and other commodity prices • The manufacturing PMI of Q3, FY22-23 showed a robust were stable in the quarter. growth to 57.8, highest since Oct, 2022. • The IMF projects India's GDP to reach 6.1%, down from the previously declared 6.8%,
Slide 18: Environmental consciousness has been at the core of our products and services
Environmental consciousness has been at the core of our products and services offerings. The focus will continue strengthening our green portfolio as we chart the decarbonisation path. 17 Conserving Resources, Preserving the Future.
Slide 19: Conserving Resources, Preserving the Future.
Conserving Resources, Preserving the Future. For more information about Thermax: Contact Us Thermax Limited Thermax House 14, Mumbai - Pune Road, Wakdewadi, Pune - 411 003, India www.thermaxglobal.com