Thermax Limited. · NSE:THERMAX
Thermax — Q4 FY2021-22 Earnings Presentation
18 slides from Thermax's earnings presentation, May 20, 2022
Slide 1: Cover letter to stock exchanges: Investor Presentation Q4 FY21-22
THERMAX LIMITED THERMAX HOUSE, 14 MUMBAI - PUNE ROAD, WAKDEWADI, PUNE 411 003, INDIA D TEL.: +91 20 25542122, 25542263 D FAX: +91 20 25541226 Website : www.thermaxglobal.com D IT PAN - AAACT 391 OD Customer Care: 18002090115 (India Toll Free) Corporate Finance May 20, 2022 THERMAX To The Secretary N
Slide 2: Thermax Limited – Investor Presentation Q4 FY21-22
Thermax Limited – Investor Presentation Q4 FY21-22 Energy | Environment | Chemical | Services Our Vision To be a globally respected high- performance organisation offering sustainable solutions in energy and the environment
Slide 3: 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 4: Thermax at a Glance
Thermax at a Glance 3,699 Employees Globally* Installations in Sales and Service presence in 88 Countries 30 Countries $651 Million revenue 14 Manufacturing Locations (10 in India, 4 abroad) Note: employees excluding workmen Energy | Environment | Chemical | Services www.thermaxglobal.com
Slide 5: Business Highlights - Energy
Business Highlights - Energy Chilling the Chemical Processes in Malaysia Heating Oil & Gas Processes at Singapore Supplying Power from Waste Heat at a Steel Co. Reducing Carbon Footprint for a FMCG and Textile Major through BOO Model Arial (Body) 14pt Commissioned two plants this quarter; Installati
Slide 6: Business Highlights - Environment
Business Highlights - Environment Helping a Steel Industry Major to Manage Particulate Retrofit Air Pollution Emissions Control Solution for Sponge Iron Application Highest Capacity of Pre- fabricated STP Solution Helping Oil Major for Recycling Effluents Commissioned an ESP for 63 TPH ESP retrofitt
Slide 7: Business Highlights - Chemical
Business Highlights - Chemical Digitalising Chemical Solutions by IoT Products Growth in Oil Field Chemicals Growth in Construction Winning International Chemicals Orders from Eastern and Western World Big wins in automated IoT based product Oil field chemicals saw ~ 200% jump in Q4 orders (digital
Slide 8: New Product Launches
New Product Launches Ultra Low Temp Hot Water Heat Pump Chiller TACTS-RX RealSteam™ Chiller Heat source : Hot water Takes care of both heating and TACTS-RX : Compact, highly RealSteam™ is steam dryness Inlet water temperature : 60oC – 80oC cooling water needs reliable, weatherproof, with fraction me
Slide 9: Thermax Q4 FY2021-22 Results
Thermax Q4 FY2021-22 Results Operating PBT* Cash and Order book Order balance PAT revenue Investments 3,396 cr. 8,812 cr. 1,992 cr. 131 cr. 103 cr. 2,416 cr. 127 % 69 % 26 % (-6) % (-4) % 11 % Growth in order booking is due to two significant project orders bagged in Q4 • Sulphur recovery unit worth
Slide 10: Q4 - Order Book Status
Q4 - Order Book Status Others • Highest ever quarterly order booking of Rs. 12% 3,396 crore in 10 years Cement 5% • Bagged Rs. 1,176 crore order to set up sulphur Transportation* Metals & Steel 34% recovery block from an Indian public sector 4% refinery Drugs & Pharmaceuticals • Healthy mix of order
Slide 11: Consolidated Performance Summary by Segment
Consolidated Performance Summary by Segment Order Booking Order Balance Segment Q4, 2022 YOY% Change YTD Mar 2021 YOY% Change Energy 2,385 103 % 5,895 63 % Environment 884 332 % 2,788 82 % Chemical 127 6% 128 63 % Total 3,396 127 % 8,812 68.6 % Note: Values are in Rs. crore Energy | Environment | Ch
Slide 12: Consolidated Performance Indicators
Consolidated Performance Indicators Q3, 2022 Performance Indicator Q4, 2022 Q4, 2021 2,462 Order Booking 3,396 1,497 7,389 Order Balance 8,812 5,227 1,615 Revenue 1,992 1,575 108 Profit Before Tax and Exceptional (PBT) 131 140 6.7% PBT before Exceptional % 6.6% 8.9% - Exceptional Item - - 108 Profit
Slide 13: Business Performance Summary
Business Performance Summary For Q4, FY2021-22 For Q4, FY2020-21 YTD Mar 22 YTD Mar 21 Segments Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Revenue PBIT PBIT % Energy 1,451 101 6.9 % 1,175 109 9.3 % 4,434 286 6.4 % 3,627 218 6.0 % Environment 462 23 5% 302 20 6.6 % 1,294 43 3.3 % 794
Slide 14: Business Segment Wise - Quarterly Trend
Business Segment Wise - Quarterly Trend Energy Environment 3,000 120 1,200 25 Value in Rs. crore 100 Value in Rs. crore 2,500 1,000 20 80 15 2,000 60 800 10 PBIT PBIT 1,500 40 600 5 1,000 20 400 - - -5 500 -20 200 -10 - -40 - -15 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2021 FY2122 FY2021 F
Slide 15: Domestic – Export Business Performance
Domestic – Export Business Performance FY 2020-21 YTD March FY 2021-22 Q4, FY 2021-22 300 172 64 Chemical 252 Chemical 268 Chemical 64 555 2,517 Order Environment 80 Environment 87 4,747 868 2,693 16 Book 1,490 Environment 1,983 1,030 Energy Energy 402 Energy - 1,000 2,000 3,000 4,000 - 2,000 4,000
Slide 16: Environment and Industry Outlook
Environment and Industry Outlook • Covid-19 had a reducing impact on • Steel prices are at an all-time high, and continuously businesses across the globe after rising fuel prices have impacted the margins of the December 2021 company Covid-19 • Prevailing geo-political scenario has disrupted the Inp
Slide 17: Environmental consciousness at the core of our offerings
Environmental consciousness has been at the core of our products and services offerings. The focus will continue strengthening our green portfolio as we chart the decarbonisation path. Energy | Environment | Chemical | Services www.thermaxglobal.com
Slide 18: Contact Us
For more information about Thermax: Contact Us Thermax Limited Thermax House 14, Mumbai – Pune Road Wakdewadi, Pune 411003, India visit: www.thermaxglobal.com Energy | Environment | Chemical | Services