Thermax Limited. · NSE:THERMAX
Thermax — Q1 FY2024-25 Earnings Presentation
20 slides from Thermax's earnings presentation, Aug 1, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
August 1, 2024 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 SEBI (LODR) Reg
Slide 2: Thermax Limited: Investor Presentation Q1 FY 2024-2025
Thermax Limited: Investor Presentation Q1 FY 2024 - 2025 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 5,225 Employees Globally* Installations in Sales and Service presence in 90+ Countries 30+ Countries Revenue 14 Manufacturing Rs. 9,323 crore Locations (10 in India, 4 abroad) Conserving Resources, Preserving the Future *Permanent employees excluding workmen 4 Confidential and In
Slide 6: Business Highlights – Industrial Products
Business Highlights – Industrial Products Continued Partnership with Cooling Needs Met through a Leading Soft Drink Waste Heat Recovery for a Pharma Major Manufacturing Company Thermax commissioned a hot Thermax commissioned a water fired chiller in Eastern 120 m3/hr WTP in Bangladesh, Europe for wa
Slide 7: Business Highlights – Industrial Infra
Business Highlights – Industrial Infra Successful Commissioning of Plug and Play Oil & Gas Kickoff of Commercial Fired Boiler in Nigeria Production with Agro Residue TBWES successfully commissioned a 400 TPH plug-and-play D-type oil The TBSPL team started and gas-fired boiler for Nigeria's commercia
Slide 8: Business Highlights – Green Solutions
Business Highlights – Green Solutions TOESL Commissions 3rd Zero Liquid Discharge Plant Under the Build-Own- Greening the Power Operate Model Requirement of Tamil Nadu TOESL commissioned a 750 KLD FEPL commissioned a 33 MWp zero liquid discharge (ZLD) plant solar power project under open under the b
Slide 9: Business Highlights – Chemical
Business Highlights – Chemical Profit Improvement in Water Treatment Chemicals Market Domestic business grew by 15% because of a new account development as compared to the same period last year Healthy Order Pipeline for Good Traction for Resins Construction Chemicals Seen Across Markets Strategic t
Slide 10: Thermax Q1 FY 2024-25 Results
Thermax Q1 FY 2024-25 Results 2,569 cr. 10,681 cr. 2,184 cr. 161 cr. 109 cr. 2,955 cr. 0% 2% 13% 13% 82% 13 % • Increased revenue has resulted into increased PBT • Order book and balance remains same as no large order booked in current quarter Conserving Resources, Preserving the Future 9 Confidenti
Slide 11: Q1 – Order Book Status
Q1 – Order Book Status Others 6% Refinery and Cement Fertiliser & Agro petrochemicals 8% 4% Food and 10% Pharma Beverages 3% 12% • Continues to build on stable base orders Engineering Power 6% 10% • Enquiry inflow from steel, chemical, and F&B continues to remains strong • Upward trend in enquiry in
Slide 12: Consolidated Performance Indicators
Consolidated Performance Indicators Q4, 2024 Performance Indicator Q1, 2025 Q1, 2024 2,309 Order Booking 2,569 2,567 10,111 Order Balance 10,681 10,505 2,764 Revenue 2,184 1,933 251 Profit Before Exceptional Item and Tax (PBT) 161 142 9.1% PBT before Exceptional Item and Tax % 7.4% 7.4% - Exceptiona
Slide 13: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q1, June 2024 YOY% Change Q1 June 2024 YOY% Change Industrial Products 1,265 6% 3,866 15% Industrial Infra 991 -12% 5,731 -10% Green Solutions 100 19% 906 36% Chemical 213 35% 179 60% Total 2,569 0% 10,681 2% • Industria
Slide 14: Business Performance Summary
Business Performance Summary For Q1, FY 2024-25 For Q1, FY 2023-24 Segments Sales PBIT PBIT % Sales PBIT PBIT % Industrial 961 87 9.0% 836 56 6.7% Products Industrial 925 (18) -2.0% 916 30 3.3% Infra Green 174 23 13.2% 113 10 8.8% Solutions Chemical 171 30 17.8% 161 27 16.5% Total 2,230 122 5.5% 2,0
Slide 15: Business Segment Wise - Quarterly Trend
Business Segment Wise - Quarterly Trend Industrial Products Industrial Infra 1,400 160 1,600 100 1,200 140 Value in Rs. crore 1,400 Value in Rs. crore 120 80 1,000 1,200 60 800 100 1,000 PBIT 40 PBIT 80 800 600 60 20 400 40 600 400 - 200 20 (20) - - 200 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 - (40) Q2 Q3 Q4 Q1 Q2
Slide 16: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2023-24 YTD June FY 2024-25 68 201 483 Chemical Chemical 145 Order - 432 - Green Solutions 100 Book Green Solutions 241 687 3,667 304 Industrial Infra Industrial Infra 1,020 926 Industrial Products Industrial Products 3,309 339 - 2,000 4,000 6,000 - 500 1,00
Slide 17: Industry Outlook
Industry Outlook Input Cost Market Sentiments Demand • No major fluctuations in the • The PMI came in at 58.3 in • Enquiry inflows from commodity costs. Input June 2024, up from May's distillery, chemical, metal Costs for all the commodities 57.5 but slightly below both and F&B continue to in the qu
Slide 18: Highlights at Thermax
Highlights at Thermax • Launch of Thermax Serve – A comprehensive range of services for boilers and heaters • WWS manufacturing facility – Established a new manufacturing plant offering Thermax’s advanced technologies in water and wastewater treatment • Biomass Centre of Excellence - Launched an ini
Slide 19: New Partnerships & Incorporations
New Partnerships & Incorporations TSA Process Equipments • Completed acquisition of 51% equity in TSA Process Equipments, balance 49% to be taken over a period of 2 years, subject to certain conditions Thermax Chemical Solutions Private Limited (TCSPL) • Incorporated Thermax Chemical Solutions Priva
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