Thermax Limited. · NSE:THERMAX
Thermax — Q2 FY2024-25 Earnings Presentation
20 slides from Thermax's earnings presentation, Nov 13, 2024
Slide 1: Exchange filing cover letter – Investor Presentation
November 13, 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 the SEBI (LO
Slide 2: Thermax Limited: Investor Presentation Q2 FY 2024-2025
Classification: Confidential Thermax Limited: Investor Presentation Q2 FY 2024 - 2025 Conserving Resources, Preserving the Future.
Slide 3: To be a globally respected high performance organisation
Classification: Confidential 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
Classification: Confidential 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 perform
Slide 5: Thermax at a Glance
Classification: Confidential 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
Slide 6: Business Highlights – Industrial Products
Classification: Confidential Business Highlights – Industrial Products One Stop Solution for Cooling Needs Met through Water & Wastewater Waste Heat Recovery for a Mushroom Plant Treatment Plant for a Leading Oil Refinery Recently commissioned a hot water fired chiller in Europe for Commissioned a c
Slide 7: Business Highlights – Industrial Infra
Classification: Confidential Business Highlights – Industrial Infra TBWES Installs a First-of-Its- Kind Reciprocating Grate for a Sugar Major in South India TBWES is commissioning a unique 90 TPH, 87 kg/cm² (g), 515°C reciprocating grate boiler for a south Indian sugar producer. It’s set to handle 1
Slide 8: Business Highlights – Green Solutions
Classification: Confidential Business Highlights – Green Solutions Sustainable Energy for a Greener Maharashtra FEPL recently commissioned 2 MWp solar project in Maharashtra TOESL Drives Energy Transition with Green Steam Solutions for Leading Food and Confectionery MNCs Empowering Tamil Nadu TOESL
Slide 9: Business Highlights – Chemicals
Classification: Confidential Business Highlights – Chemicals Chemicals Solution Group Laid the foundation for our new chemical facility in Indonesia New applications especially in the The facility will produce essential ceramic sector are gaining chemicals, including water momentum and de-risking of
Slide 10: Thermax Q2 FY 2024-25 Results
Classification: Confidential Thermax Q2 FY 2024-25 Results * 3,353 cr. 11,593 cr. 2,612 cr. 266 cr. 198 cr. 2,639 cr. 70% 13% 13% 22% 25% -2 % • Revenue and PBT include incentive income under Package Incentive Scheme of the Government of Maharashtra in one of the subsidiaries of Rs. 66 cr. • Order b
Slide 11: Q2 – Order Book Status
Classification: Confidential Q2 – Order Book Status Refinery and BioCNG petrochemicals 2% 1% Food and Beverages 8% Mining Power • Continues to build on stable 3% 32% Chemical base orders 7% Metals/Steel1 • Enquiry inflow from steel, 3% chemical, and F&B continues to remains strong • Upward trend in
Slide 12: Consolidated Performance Indicators
Classification: Confidential Consolidated Performance Indicators Q1, 2025 Performance Indicator Q2, 2025 Q2, 2024 2,569 Order Booking 3,353 1,973 10,681 Order Balance 11,593 10,264 2,184 Revenue 2,612 2,302 161 Profit Before Exceptional Item and Tax 266 217 7.4% PBT before Exceptional Item and Tax %
Slide 13: Consolidated Performance Summary by Segment
Classification: Confidential Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q2, Sep 2024 YOY% Change YTD Sep 2024 YOY% Change Industrial Products 1,350 25% 4,205 20% Industrial Infra 1,748 167% 6,312 6% Green Solutions 57 -2% 894 25% Chemical 199 11% 182 61% Total 3,
Slide 14: Business Performance Summary
Classification: Confidential Business Performance Summary For Q2, FY 2024-25 For Q2, FY 2023-24 YTD Sep 2024-25 YTD Sep 2023-24 Segments Sales PBIT PBIT % Sales PBIT PBIT % Sales PBIT PBIT% Sales PBIT PBIT% Industrial 1,058 115 10.8% 989 99 10.0% 2,018 201 10.0% 1,825 155 8.5% Products Industrial 1,
Slide 15: Business Segment Wise - Quarterly Trend
Classification: Confidential Business Segment Wise - Quarterly Trend Industrial Products Industrial Infra 1,600 160 1,400 140 2,000 100 Value in Rs. crore 1,800 Value in Rs. crore 1,200 120 1,600 80 1,000 100 1,400 60 PBIT 800 80 1,200 PBIT 40 600 60 1,000 400 40 800 20 200 20 600 - - - 400 (20) Q3
Slide 16: Domestic – Export Business Performance
Classification: Confidential Domestic – Export Business Performance FY 2023-24 YTD Sep 24 Q2 FY 2024-25 153 259 85 114 Chemical Chemical 201 483 - Chemical - Order - 432 Green Solutions 157 1,548 Green Solutions 57 1,191 504 1,244 Book Green Solutions 241 3,667 Industrial Infra Industrial Infra Indu
Slide 17: Industry Outlook
Classification: Confidential Industry Outlook Input Cost Market Sentiments Demand • Increase in input cost in • For the second quarter of • Enquiry inflows from Chemical Segment 2024, PMI data reflects distillery, chemical, metal mixed but overall positive and F&B continue to market sentiment global
Slide 18: Highlights at Thermax
Classification: Confidential Highlights at Thermax • Boiler India 2024 – We recently concluded the Boiler India event in Mumbai, which saw strong participation from industry leaders. The event attracted a high volume of customer footfalls and generated a substantial number of leads. • New Launch – L
Slide 19: New Partnerships & Incorporations
Classification: Confidential New Partnerships & Incorporations • Ceres Partnership – Thermax Partnered with Ceres for Green Hydrogen Production with Large-Scale Solid Oxide Electrolysis Cell (SOEC) Manufacturing in India Conserving Resources, Preserving the Future 18 Confidential and Internal Purpos
Slide 20: 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