Thermax Limited. · NSE:THERMAX
Thermax — Q2 FY2022-23 Earnings Presentation
18 slides from Thermax's earnings presentation, Nov 11, 2022
Slide 1: Regulation 30 filing cover letter to stock exchanges
November 11, 2022 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) Mumbai – 400 051 Company Scrip Code: 500411 Company Scrip Code: THERMAX EQ Sub: Regulation 30 of SEBI (Listin
Slide 2: Thermax Limited: Investor Presentation Q2 FY22-23
Thermax Limited: Investor Presentation Q2 FY22-23 Conserving Resources, Preserving the Future.
Slide 3: Vision: globally respected high performance organisation in energy and environment
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 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 5: Thermax at a Glance
Thermax at a Glance 3,758 Employees Globally* Installations in Sales and Service presence in 90+ Countries 30+ Countries $807 Million revenue 14 Manufacturing Locations (10 in India, 4 abroad) Conserving Resources, Preserving the Future * - employees excluding workmen 4 Confidential and Internal Pur
Slide 6: Business Highlights - Energy
Business Highlights - Energy Generating Green Steam and Power for a Metal Co. Converting Waste to Energy in UK Meeting Cooling Needs of a Beverages Co. Supplying Green Steam to a Pharma MNC in Gujarat Arial (Body) 14pt Commissioned a boiler for a biomass based cogen plant at an aluminium and TBWES r
Slide 7: Business Highlights - Environment
Business Highlights - Environment Commissioning the First ESP in Turkey Enhancing the Efficiency of an Indian Steel Company’s Blast Furnace Ensuring Water Positivity for a F&B Major First ETP Augmentation followed by Recycling for a Petrochemical Major Commissioned an Electrostatic Commissioned an 8
Slide 8: Business Highlights - Chemical
Business Highlights - Chemical Boost in Oil Field Chemical Orders Growth in Construction Growth in Ion Exchange Chemicals Resins in US, Europe and SEA Oil field chemicals witnessed a 163% 72% Y-O-Y growth seen in construction Y-O-Y growth. chemicals business. Received substantial orders for ion exch
Slide 9: Thermax Q2 FY 2022-23 Results
Thermax Q2 FY 2022-23 Results Operating Cash and Order book Order balance PBT* PAT revenue Investments 2,015 cr. 9,485 cr. 2,075 cr. 142 cr. 109 cr. 2,520 cr. 9% 46 % 41 % 25 % 24 % 11 % • The growth in order balance and revenue is attributed to better order bookings in the preceding 12 months. The
Slide 10: Q2 – Order Book Status
Q2 – Order Book Status Metals and Others Steel 17% 16% • Order bookings continue to be strong due to major orders coming in from steel, chemical, and refinery sectors Fertiliser 4% • Received major orders for waste heat recovery Chemical Bioenergy 12% and bioenergy applications 5% • International or
Slide 11: Consolidated Performance Indicators
Consolidated Performance Indicators Q1, 2023 Performance Indicator Q2, 2023 Q2, 2022 2,310 Order Booking 2,015 1,856 9,554 Order Balance 9,485 6,516 1,654 Revenue 2,075 1,469 81 Profit Before Tax and Exceptional (PBT) 142 114 4.9% PBT before Exceptional % 6.9% 7.8% - Exceptional Item - - 81 Profit B
Slide 12: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q2, 2023 YOY% Change YTD Sep 2022 YOY% Change Energy 1,495 4% 6,621 36% Environment 331 16 % 2,792 82% Chemical 190 37 % 72 -36% Total 2,015 9% 9,485 45.6% Conserving Resources, Preserving the Future Note - Values are in
Slide 13: Business Performance Summary
Business Performance Summary For Q2, FY2022-23 For Q2, FY2021-22 YTD SEP FY2022-23 YTD SEP FY2021-22 Segments Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Energy 1,465 81 5.5% 1,057 84 8.0% 2,693 155 5.8% 1,820 112 6.2% Environment 449 29 6.4% 312 6 2.0% 742 34 4.6
Slide 14: Business Segment Wise - Quarterly Trend
Business Segment Wise - Quarterly Trend Energy Environment 1,200 35 3,000 120 30 Value in Rs. crore Value in Rs. crore 100 1,000 25 2,500 80 800 20 2,000 60 15 PBIT PBIT 1,500 40 600 10 20 5 1,000 400 - - 500 -20 200 -5 -10 - -40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 - -15 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY20
Slide 15: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2021-22 YTD, FY 2022-23 Q2, FY 2022-23 268 123 46 Chemical 300 Chemical 213 Chemical 144 2,517 633 286 Order Environment 87 Environment 102 2,517 Environment 45 4,747 1,083 Book 1,490 736 411 Energy Energy Energy - 2,000 4,000 6,000 8,000 - 1,000 2,000 3,000
Slide 16: Industry Outlook
Industry Outlook Input Cost Market Sentiments • This quarter has seen a stabilisation in steel and • The S&P Global India Manufacturing PMI increased to chemical prices as compared to last quarter, and 55.3 in October 2022 i.e. > avg. of 53.7, showing growth in the outlook is the same for the remain
Slide 17: Environmental consciousness at the core of our products and services
Environmental consciousness has been at the core of our products and services offerings. The focus will continue to strengthen our green portfolio as we chart the decarbonisation path. 16 Conserving Resources, Preserving the Future.
Slide 18: Conserving Resources, Preserving the Future. Contact Us
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