Thermax Limited. · NSE:THERMAX
Thermax — Q1 FY2021-22 Earnings Presentation
18 slides from Thermax's earnings presentation, Aug 6, 2021
Slide 1: Stock exchange cover letter for investor presentation
THERMAX LIMITED THERMAX HOUSE, 14 MUMBAI - PUNE ROAD, WAKDEWADI, PUNE 411 003, INDIA D TEL.: +91 20 25542122, 25542263 D FAX: +91 20 25541226 Website : www.thermaxglobal.com D IT PAN - AAACT 391 OD Customer Care: 18002090115 (India Toll Free) Corporate Finance August 6, 2021 To THERMAX The Secretary
Slide 2: Thermax Limited – Analyst Call Q1 FY21-22
Thermax Limited – Analyst Call Q1 FY21-22 Energy | Environment | Chemical Our Vision To be a globally respected high- performance organisation offering sustainable solutions in energy and the environment
Slide 3: 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 4: Managing resurgence of COVID crisis
Managing resurgence of COVID crisis • More than 4500 vaccinated in a vaccination camp in Pune for employees, workmen, contractors, and families • Under Thermax Care wellness initiative launched an employee assistance program – Santulan, a professional support system for employees emotional and menta
Slide 5: Thermax Q1 FY2021-22 Results
Thermax Q1 FY2021-22 Results Summary of group’s financial performance Q1/2021-22 Q1/2021-22 vs (in crore) Q1/2020-21 Order Booking 1,696 + 179 % • Highest order booking and back log in last Order Balance 6,109 + 17.2 % 7 quarters Operating Revenue 1,052 + 58 % • Export order booking higher by 107% P
Slide 6: Q1 - Order Book Status
Q1- Order Book Status • Highest Order booking in last 7 quarters • Order book strengthened with finalizations in Refinery, Cement and Steel sector • Increasing thrust on sustainability - TBWES bagged 97% green orders with single order value of 250 crore from a petrochemical giant • Improved performa
Slide 7: Business Highlights - Energy Segment
Business Highlights Energy Segment • First time in Q1, crossed order booking of Rs. 200 crore in our heating products. Additionally, we received our first-ever electrical boiler order from Bhutan • TBWES Thermax Group wins order for a greenfield refinery in Latin Process heating launched 3 new produ
Slide 8: Business Highlights - Environment Segment
Business Highlights Environment Segment • First orders from new geographies : – Electrostatic precipitator (ESP) order for Pellet application from largest steel maker in Turkey – Fabric filter order for packing plant de-dusting application from Germany • Strong business from Retrofit and Revamp: – M
Slide 9: Business Highlights - Chemical Segment
Business Highlights Chemical Segment • Highest order booking of 139 crore with growth in international business of ion exchange resins and channel business of water treatment chemicals. • Bagged major order worth 7 crore for pour point depressant (an oil field chemical) from an esteemed oil and gas
Slide 10: Awards & Accolades
Awards & Accolades Thermax Solar business was recognised as ‘EPC company of the year in Thermax EPC business has received appreciation from GNAL, Dahej, a the industrial segment’ in Maharashtra State Annual Solar e-Awards Show joint venture company of Gujarat Alkalies and Chemicals Limited (GACL) or
Slide 11: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment YOY% YTD June YOY% Q1, 2022 Change 2021 Change Energy 1,256 205% 4,444 26% Environment 300 189% 1,568 -3% Chemical 139 52% 97 11% Total 1,696 179% 6,109 17.2% Healthy order booking across segments, crossing Rs. 6000 cror
Slide 12: Consolidated Performance Indicators
Consolidated Performance Indicators Q4, 2021 Performance Indicator Q1, 2022 Q1, 2021 1,497 Order Booking 1,696 608 5,227 Order Balance 6,109 5,212 1,575 Revenue 1,052 665 140 Profit Before Tax and Exceptional (PBT) 56 (22) 8.9% PBT before Exceptional % 5.3% -3.4% - Exceptional Item - - 140 Profit Be
Slide 13: Consolidated Segment Performance
Consolidated Segment Performance* For Q1, 2022 For Q1, 2021 Segments Revenue PBIT PBIT% Revenue PBIT PBIT% Energy 763 28 3.7% 500 (26) -5.3% Environment 180 3 1.5% 84 (11) -12.6% Chemical 123 22 17.6% 84 17 20.5% *PBIT Before exceptional items & unallocated overheads Note: Values are in Rs. crore an
Slide 14: Quarterly Trend - Consolidated
Quarterly Trend - Consolidated Energy Environment OB RR PBIT OB RR PBIT 1,600 120 1,400 100 Value in Rs. Crore 800 25 1,200 80 700 20 1,000 60 600 15 Value in Rs. Crore PBIT 800 40 500 10 PBIT 600 20 400 5 400 - 300 - 200 -20 200 -5 - -40 100 -10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 - -15 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 15: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2020-21 YTD JUNE FY 2021-22 67 172 Chemical 73 Chemical 252 Order Environment 275 25 Environment 555 80 Book Energy 2,693 1,030 Energy 807 449 - 1,000 2,000 3,000 4,000 - 500 1,000 1,500 56 183 67 Chemical Chemical 247 171 Environment 9 Revenue Environment 7
Slide 16: Environment and Industry Outlook
Environment and Industry Outlook • Reducing COVID-19 cases in India, South- • The commodity price stayed high and is a key East Asia and lifting restrictions with the concern subsiding of the second wave of COVID- Global 19 is positive sign for business in coming • Steel price remained high quarters
Slide 17: Let's make way for a Greener Tomorrow
Let’s make way for a Greener Tomorrow Energy | Environment | Chemical www.thermaxglobal.com
Slide 18: Thank You
Thank You