Thermax Limited. · NSE:THERMAX
Thermax — Q1 FY2023-24 Earnings Presentation
20 slides from Thermax's earnings presentation, Aug 1, 2023
Slide 1: Exchange filing cover letter under Reg 30
August 1, 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) Regulation
Slide 2: Thermax Limited: Investor Presentation Q1 FY23-24
Thermax Limited: Investor Presentation Q1 FY23-24 Conserving Resources, Preserving the Future.
Slide 3: Vision: 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 Facilitating Water Treatment for an Educational Institute Meeting Cooling Needs of an Automobile Co. in USA Removing Fugitive Fume Gases for a Steel Co. Sufficing Green Steam Needs of a Pharma Major Arial (Body) 14pt Commissioned SBR based STPs of Recently c
Slide 7: Business Highlights – Industrial Infra
Business Highlights – Industrial Infra Converting Waste Heat to Helping a Japanese MNC in Energy in Oman East Asia to Recover Heat Refurbishing the Boiler of a from Waste Leading Carbon Black Manufacturing Co. in Egypt Commissioned a waste heat recovery TBWES received an order for two units of Suppl
Slide 8: Business Highlights – Green Solutions
Business Highlights – Green Solutions Setting up the First Hybrid FEPL Strengthens Customer RE Project in Gujarat, India Relations with Repeat Orders Enabling a Biopharma Major Transition Towards Net Zero FEPL commissioned a 45.80 MW wind-solar hybrid (WSH) captive power FEPL bags orders from existi
Slide 9: Business Highlights – Chemical
Business Highlights – Chemical Enabling Construction with Sustainable Solutions Admixtures Continue Waterproofing Segment Growth in the West Shows Growth Registered 26% year-on-year growth Major order wins in the west region of A major developer trusted Thermax for in Q1 FY24 due to increase in real
Slide 10: New Product Launches
New Product Launches Maxshield CW: Integral crystalline waterproofing system • Protects concrete from water penetration under hydrostatic pressure • Protects reinforcements from corrosion • Excellent crack sealing properties (self-healing) and resistance to shrinkage • Excellent resistance to sulpha
Slide 11: Thermax Positions itself for Energy Transition Play
Thermax Positions itself for Energy Transition Play • Acknowledging its ability to play a significant role in the global shift towards industrial decarbonisation, Thermax has repositioned itself as a ‘trusted partner in energy transition’. • The company will continue to bolster its manufacturing cap
Slide 12: Thermax Q1 FY 2023-24 Results
Thermax Q1 FY 2023-24 Results Operating Cash and Order book Order balance PBT* PAT revenue Investments 2,567 cr. 10,505 cr. 1,933 cr. 142 cr. 60 cr. 2,617 cr. 11 % 10 % 17 % 75 % 2% 7% • Increased revenue has resulted into increased PBT. Last year PBT was lower due to the impact of input commodity c
Slide 13: Q1 – Order Book Status
Q1 – Order Book Status Sugar/Distillery 11% Chemical 10% • Some good competitive wins across the Food and company Beverages Engineering 11% 7% • Bagged multiple boiler orders from steel and Power distillery segment 4% Cement • Enquiry inflow from food, chemical and distillery 3% remains strong, ther
Slide 14: Consolidated Performance Indicators
Consolidated Performance Indicators Q4, 2023 Performance Indicator Q1, 2024 Q1, 2023 2,254 Order Booking 2,567 2,310 9,752 Order Balance 10,505 9,554 2,311 Revenue 1,933 1,654 214 Profit Before Tax (PBT) and Exceptional 142 81 9.3% PBT before Exceptional % 7.4% 4.9% - Exceptional Item 50.63 - 214 Pr
Slide 15: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q1, Jun 2023 YOY% Change YTD Jun 2023 YOY% Change Industrial Products 1,198 5% 3,343 32% Industrial Infra 1,127 14 % 6,382 -2% D Green Solutions 84 152% D 668 67% Chemical 158 7% 112 -13% Total 2,567 11 % 10,505 10% • Or
Slide 16: Business Performance Summary
Business Performance Summary For Q1, FY2023-24 For Q1, FY2022-23 Segments Revenue PBIT PBIT % Revenue PBIT PBIT % Industrial Products 836 56 6.7% 663 24 3.6% Industrial Infra 916 30 3.3% 808 50 6.2% Green Solutions 113 10 8.8% 58 5 8.9% Chemical 161 27 16.5% 150 6 3.7% Total 2,026 123 6.1% 1,680 85
Slide 17: Business Segment Wise - Annual Trend
Business Segment Wise - Annual Trend Industrial Products Industrial Infra 1,400 120 2,500 80 Value in Rs. crore 1,200 100 Value in Rs. crore 1,000 80 2,000 60 PBT 800 PBT 60 1,500 600 40 40 1,000 400 20 500 20 200 - - - - Q4 Q1 Q2 Q3 Q4 Q1 Q4 Q1 Q2 Q3 Q4 Q1 FY 22 FY 23 FY 24 FY 22 FY 23 FY 24 OB 935
Slide 18: Industry Outlook
Industry Outlook Input Cost Market Sentiments • Steel, chemical, and other commodity prices • Indian Manufacturing PMI was of 57.8 in June, which was were stable and are expected to remain stable. 58.7 in May, showing expansion, and showcasing resilience and strength despite facing higher inflationa
Slide 19: 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. 18 Conserving Resources, Preserving the Future.
Slide 20: 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