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Sustainable Solutions in Energy and Environment. To be a globally respected high performance organisation offering sustainable solutions in energy and environment. Vision. 2. Sustaining Values and Brand Attributes. Transparent Trusted Customer focused Entrepreneurial Innovative
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Sustainable Solutions in Energy and Environment
To be a globally respected high performance organisation offering sustainable solutions in energy and environment Vision 2
Sustaining Values and Brand Attributes Transparent Trusted Customer focused Entrepreneurial Innovative Socially responsible Integrity Respect Fairness Excellence Commitment 3
Thermax Today Rs. 4366 crore company with subsidiaries and sales & service network in Asia, Middle East, Africa, Europe and the Americas. Headquartered in Pune, India and operate globally through 19 International offices, 12 Sales & Service offices and 12 manufacturing facilities - 7 of which are in India and 5 overseas. Supports customers in over 75 countries with solutions to conserve energy and preserve the environment. A partner in the global initiative for sustainable development. 4
Thermax Evolution: A Snapshot Established in 1966 as Wanson (India) Thermax Private Limited formed in 1980 and Wanson (India) merged with Thermax Becomes a public limited company in 1996 Features in the Forbes Asia list of “Best under a Billion” companies in 2008 Thermax - Babcock & Wilcox Joint Venture for Supercritical Boilers in 2010 for higher efficiency of power generation Acquires European boiler maker, Danstoker to reinforces its initiatives in renewable energy Acquires Rifox, German steam products company in 2012for its steam engineering business 5
Thermax Group Thermax Limited Subsidiaries Joint Ventures • Thermax Sustainable Energy Solutions Ltd. • Thermax Onsite Energy Solutions Ltd. • Thermax Engineering Construction Co. Ltd. • Thermax Instrumentation Ltd. • Thermax International Ltd. (Mauritius) • Thermax Europe Ltd. (U.K.) • Thermax Hong Kong Ltd (Hong Kong) • Thermax do Brasil-Energiae Equipamentos Ltd (Brazil) • Thermax Inc. (U.S.A.) • Thermax (Zhejiang) Cooling & Heating Engineering Co. Ltd. (China) • Thermax Denmark ApS • Thermax Netherlands B.V. • Danstoker A/S, Denmark • Thermax Babcock & Wilcox Energy Solutions Pvt. Ltd. • Thermax SPX Energy Technologies Ltd. 7
Thermax Organisation Managing Director & CEO EVP ENVIRONMENT EVP B&H EVP TECHNOLOGY EVP FINANCE EVP C&H EVP POWER EVP HR, IR Admin VP Legal Enviro Oil & Gas SPP Heating Water MPP Cooling Solid Fuel VP Treasury Chemical LPP Services Service Services O&M Utility HEAD TPMO EC Member UOG Solar HEAD CORP. COMMN SBU Growth Unit 8
Our Global Network Thermax operations are backed by a network of subsidiaries and sales & service offices in 12 countries around the world: 9
Delhi Nepal Ahmedabad Kolkata Vadodara Mumbai Pune Our network Headquarters Hyderabad Manufacturing facilities Bangalore Engineering Sales & Service Chennai 108 Associates Our Domestic and Distribution Network 10
Financials - Thermax Limited • -8% • + 24% • -28% 11
Technology Partnerships over the Years More than 40 technology partnerships / licensing agreements over the years • Babcock & Wilcox • SPX Corporation • Georgia Pacific • Wehrle • General Electric • Amonix Inc. • Lambion Technologies 15
Thermax has partnered with • Black & Veatch • Kellog Brown • Sumitomo • Mitsubishi • Hitachi • Mitsui • Hyundai • Daelim • EIL • TCS • Bechtel • UHDE • KPG • Jacobs H&G • Lurgi • Snamprogetti • JGC • MHI • Technip • Toyo 16
Manufacturing Plants and Assembly Facilities Mundra, India Paudh, India TBWES Shirwal, India Jagadia, India Savli, India Sholapur, India Pune, India Jiaxing, China Danstoker, Denmark Omnical, Germany
Quality assured manufacturing Thermax manufactures according to stringent international standards and codes : • ISO 9001: 2000, ISO:14001 and OSHAS 18000 certified • Conforms to international codes - ASME, BS, DIN, API, GOST, CE • AQSEQ code for China; IBR code for India
A tradition of customer focused R&D A Research, Technology & Innovation Centre with Centers of Excellence to add value to customer in the areas of: • Combustion & Heat Transfer • Biotechnology • Material Science • Solar Thermal 19
Thermax in Energy Conservation, Renewable Energy and Waste Water Treatment (as of June 2014) • Green energy based power generation (in equivalent terms) at 8045 (7132)MW • Environment friendly vapour absorption chilling of 1.64 (1.52) million tons of refrigeration • The generation of solar energy is about 33(17)million Kcal/day which is equivalent to oil savings (LDO) of 1461(764) tonnes /per annum • Treatment of 2564(2098) million litres per day of water & waste water of which 1171(859) MLD is being recycled 20 • ( Amount in bracket corresponds to numbers as of March 31st 2013)
Business tempered by social responsibility Thermax sets aside upto 3% of its profits to support community work In association with Pune and Pimpri Chinchwad Municipal Corporations, Thermax runs 6 schools for children from underprivileged backgrounds Thermax also supports schools run by NGOs Akanksha and Teach for India 21
Giving Back to Society - Educational Initiatives • 2014 batch of K C Thackeray Vidya Niketan English Medium School started in 2007
Giving Back to Society – Other Initiatives • Teacher Training Program • Unnati Skill Development Centre • CII Symbiosis Finishing School • EAGLE Programme with COEP
Volunteering • Teach for India • Blood Donation • Encouraging Employee Participation • Encouraging employees to apply for TFI fellowship • Standard Chartered • Mumbai Marathon • Mentoring Adolescent Children • Payroll Giving through Give India, till date raised over Rs.71 Lakh • Since 2007 raised Rs.39,88,093 for Akanksha
Recognition for Thermax Asia Innovator Award for Thermax MD and CEO, M.S. Unnikrishnan at the 2012 CNBC Asia Business Leaders Awards at Bangkok.. CII National HR Excellence Award for 2009 in recognition of Thermax's leadership in HR excellence. Business Standard 'Best CEO of the year', 2009 to Meher Pudumjee, Chairperson, Thermax. Business Standard ‘CEO of the Year’ (2007-08) award for Chairperson Listed among the top 100 of India’s most valuable 500 companies (Business Today ’07) National Award for the R&D team at ACREX, 2006 for the design of Trigenie, the chiller that works on exhaust gas and other sources of heat. 25
“Profit is not only a set of figures, but of values.” Our Belief Rohinton D. Aga 1935 - 1996 Founder Chairman, Thermax 26
Thank you Thermax Limited Thermax House 14, Mumbai Pune Road, Wakdewadi, Pune 411019 www.thermaxindia.com