Thermax Limited. · NSE:THERMAX
Thermax — Q2 FY2023-24 Earnings Presentation
19 slides from Thermax's earnings presentation, Nov 3, 2023
Slide 1: Exchange filing cover letter for investor presentation
November 3, 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: Reg 30 of SEBI (LODR) Regulati
Slide 2: Thermax Limited: Investor Presentation Q2 FY23-24
Thermax Limited: Investor Presentation Q2 FY23-24 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 those 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, encompassing global eco
Slide 5: Thermax at a Glance
Thermax at a Glance 3,767 Employees Globally* Installations in Sales and Service presence in 90+ Countries 30+ Countries $1 Billion revenue 14 Manufacturing Locations (10 in India, 4 abroad) Conserving Resources, Preserving the Future * - Employees excluding workmen 4 Confidential and Internal Purpo
Slide 6: Business Highlights – Industrial Products
Business Highlights – Industrial Products Generating Green Steam for a Beverage MNC Meeting Cooling Needs of a Industrial Gas Major Controlling Emissions for a Treating Water for a Beverage Co. in Thailand Leading Tyre Major Arial (Body) 14pt Commissioned 12 TPH biomass fired Commissioned a hot wate
Slide 7: Business Highlights – Industrial Infra
Business Highlights – Industrial Infra Powering a Textile Major in India Recovering Waste Heat for an Indian Cement Major Converting Waste Heat to Transforming Municipal Power for a Ferrous Co. Waste into Energy in the Western Part of India Synchronised a state-of-the-art 16.3 MW captive cogeneratio
Slide 8: Business Highlights – Green Solutions
Business Highlights – Green Solutions Paving the Way for Green Steam Decarbonising Thermax Chemical Operations Green Power for Chemical Expanding the Green Co. in Maharashtra Power Portfolio for Tamil Nadu Industries Arial (Body) 14pt Inaugurated two briquetting facilities in Maharashtra to process
Slide 9: Business Highlights – Chemical
Business Highlights – Chemical Healthy Order Pipeline for Construction Chemicals Uptick in Water Treatment Chemicals Profitability Good Traction for Resins Across Markets Witnessed 18% year-on-year growth in Q2 due to growth in the real estate and Profitability in the water treatment chemical segmen
Slide 10: Thermax Q2 FY 2023-24 Results
Thermax Q2 FY 2023-24 Results Operating Cash and Order book Order balance PBT* PAT revenue Investments 1,973 cr. 10,264 cr. 2,302 cr. 217 cr. 159 cr. 2,705 cr. 2% 8% 11 % 53 % 46 % 7% • Higher revenue and enhanced operational performance across all segments are the contributing factors to the improv
Slide 11: Q2 – Order Book Status
Q2 – Order Book Status Cement Engineering 8% 7% Fertiliser & Agro Sugar/Distillary • Continue to build on stable base orders. 8% 5% Refinery and Petrochemicals • Enquiry inflow from steel, chemical, distillery and Food & 4% F&B remains strong. Beverages Chemical 10% 4% • Enquiry inflow continues to
Slide 12: Consolidated Performance Indicators
Consolidated Performance Indicators Q1, 2024 Performance Indicator Q2, 2024 Q2, 2023 2,567 Order Booking 1,973 2,015 10,505 Order Balance 10,264 9,485 1,933 Revenue 2,302 2,075 142 Profit Before Tax (PBT) and Exceptional 217 142 7.4% PBT before Exceptional % 9.4% 6.9% 50.63 Exceptional Item - - 91 P
Slide 13: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q2, Sep 2023 YOY% Change YTD Sep 2023 YOY% Change Industrial Products 1,080 12 % 3,499 27% Industrial Infra 655 -19 % 5,939 -6% Green Solutions 58 25% 713 120% Chemical 179 -6% 113 57% Total 1,973 -2 % 10,264 8% • The In
Slide 14: Business Performance Summary
Business Performance Summary For Q2, FY2023-24 For Q2, FY2022-23 YTD SEP FY2023-24 YTD SEP FY2022-23 Segments Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Industrial 989 99 10.0% 838 66 7.8% 1,825 155 8.5% 1,501 90 6.0% Products Industrial 1,085 57 5.3% 959 41 4.3%
Slide 15: Business Segment Wise - Quarterly Trend
Business Segment Wise - Quarterly Trend Industrial Products Industrial Infra 1,400 120 2,500 80 1,200 100 Value in Rs. crore’s Value in Rs. crore’s 1,000 2,000 60 80 800 1,500 PBIT PBIT 60 40 600 1,000 400 40 500 20 200 20 - - - - Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY 22 FY 23 FY 24 FY 22 FY
Slide 16: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2022-23 YTD Sep FY 2023-24 Q2, FY 2023-24 168 475 Chemical 114 62 Chemical 223 Chemical - - 118 Order Green Solutions 195 3,373 Green Solutions 142 Green Solutions 58 - 1,475 Book Industrial Infra 407 307 489 165 3,109 Industrial Infra Industrial Infra 1,063
Slide 17: Industry Outlook
Industry Outlook Input Cost Market Sentiments • The majority of commodity prices remained • S&P Global Indian Manufacturing PMI slips marginally to steady, with only a slight upward trend observed 57.5 in September. in steel and aluminium towards the end of the quarter. Demand • India's steel & dist
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. Our focus will continue to strengthen our green portfolio as we chart the decarbonisation path. 17 Conserving Resources, Preserving the Future.
Slide 19: Conserving Resources, Preserving the Future.
Classification: Confidential 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