Thermax Limited. · NSE:THERMAX
Thermax — Q3 FY2020-21 Earnings Presentation
16 slides from Thermax's earnings presentation, Feb 3, 2021
Slide 1: Exchange filing cover letter
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 February 3, 2021 THERMAX To The Secreta
Slide 2: Thermax Limited – Analyst Call Q3 FY20-21
Thermax Limited – Analyst Call Q3 FY20-21 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: Thermax Q3 FY2020-21 Results
Thermax Q3 FY2020-21 Results Summary of group’s financial performance Q3/2020-21 Q3/2020-21 vs • Thermax Group’s revenue remained flat for Energy and (in crore) Q3/2019-20 Chemical segments while Environment segment registered growth over Q3 last year Operating Revenue 1,411 - • Resumption of normal
Slide 5: Order Book Status
Order Book Status Rubber and Related Fertilizer and Agro Sugar / Distillery Products • Thermax’s order book witnessed broad based 4% 3% 3% recovery with momentum in sectors ranging from Chemical food & beverage to cement and steel 4% Power **Refinery And • This includes the major EPC order from a 5%
Slide 6: Business Highlights – Energy Segment
Business Highlights Energy Segment • Major order from an Indian chemical company for their new cogen plant bagged in January 2021 • First order for cogen plant on a Build- Own-Operate model from an aluminum major • Secured first gasification order from a mining company First time synchronisation of
Slide 7: Business Highlights – Environment Segment
Business Highlights Environment Segment • First breakthrough order for atoM (Thermax’s newly launched compact sewage recycle system) from an e-commerce giant for their data center • Water and waste solutions commissioned at landmark facilities in India – WTP for world’s largest mobile factory and a
Slide 8: Business Highlights – Chemical Segment
Business Highlights Chemical Segment • Chemical segment continued its strong performance on profitability • Major order for specialty resins from a USA customer for ground water remediation application • Resins order from sugar refineries in India and the Philippines for sugar decolourisation applic
Slide 9: Awards and Recognition
Awards and Recognition • Thermax Babcock and Wilcox Energy Solutions (TBWES), Shirwal factory won a runner up position in the ‘Environment, Health & Safety Practices’ competition organised by CII- Centre of Excellence for Competitiveness • The TBWES Services team received an award for ‘Best On Time
Slide 10: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Backlog Segment YOY% YOY% Q3, 2021 Q3, 2021 Change Change Energy 1,291 62% 3,596 -4% Environment 172 -75% 1,532 -6% Chemical 102 -12% 79 15% Total 1,565 -3% 5,208 -4% • Energy segment showed higher growth over Q3 FY2020, bagged Rs. 320
Slide 11: Consolidated Performance Indicators
Consolidated Performance Indicators Q2, 2021 Performance Indicator Q3, 2021 Q3, 2020 YTD DEC 20 YTD DEC 19 FY 19-20 1,114 Order Booking 1,565 1,606 3,286 4,546 5,498 5,190 Order Balance 5,208 5,439 5,208 5,439 5,238 1,141 Revenue 1,411 1,410 3,217 4,408 5,731 69 Profit Before Tax and Exceptional ( P
Slide 12: Consolidated Segment Performance
Consolidated Segment Performance* For Q3,2021 For Q3,2020 YTD DEC 20 YTD DEC 19 Segments Sales PBIT PBIT% Sales PBIT PBIT% Sales PBIT PBIT% Sales PBIT PBIT% Energy 1,066 97 9.1% 1,121 65 5.8% 2,452 109 4.4% 3,626 217 6.0% Environment 253 18 7.1% 197 10 5.2% 492 18 3.6% 523 22 4.2% Chemical 111 29 26
Slide 13: Quarterly Trend - Consolidated
Quarterly Trend - Consolidated Energy OB RR PBT Environment OB RR PBT 2,000 160 1,800 140 800 35 Value In Cr.INR 1,600 120 700 30 PBT in % VAlue in Cr.INR 1,400 100 600 25 1,200 80 20 PBT in % 500 15 1,000 60 400 10 800 40 5 600 20 300 200 - 400 - -5 200 -20 100 -10 - -40 - -15 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Slide 14: Domestic – Export Business Performance
Domestic – Export Business Performance FY2019-20 YTD Dec FY2020-21 Q3 FY2020-21 Order Energy 2,132 1,148 Energy 1,771 779 Energy 908 383 Book Environment 1,695 82 Environment 376 55 Environment 158 15 Chemical 240 Chemical 177 Chemical 52 201 50 128 Energy 3,025 1,652 Energy 1,434 1,018 Energy 553 5
Slide 15: Environment and Industry Outlook
Environment and Industry Outlook • Increasing cases in US, Europe and Africa have further impacted the global economy Global • Steel price increase • Situation in India and China has improved • Inputs raw material costs to Chemical has witnessed a and set the markets on a growth track Pandemic Input
Slide 16: Thank You
Thank You