Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q4 FY2017 Earnings Presentation
34 slides from Triveni Engineering and Industries's earnings presentation, May 2017
Slide 1: Corporate Presentation (May 2017)
CORPORATE PRESENTATION (May 2017)
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure Triveni Group Triveni Triveni Engineering Turbine Ltd. & Industries TEIL holds 21.8% of the equity in TTL (TTL) Ltd. (TEIL) 50% plus one share Sugar Co- Sugar Distillery GE Triveni Businesses generation Businesses Business Ltd. Business (GETL) Triveni Engineering
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies with total FY 17 gross 1 revenue of INR 37.12 billion (USD 573 million) Triveni Engineering & Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock Exchange 2 Total Market Capitalisation of ~ INR 6.5 b
Slide 4: Financial Performance TEIL (Consolidated)
Financial Performance TEIL (Consolidated) In ` million Q4 FY 17 Q4 FY 16 FY 17 FY 16 Gross Revenue 9375 4895 29669 20011 EBITDA 1792 830 5487 1424 EBITDA Margin 19% 17% 18% 7% Share of income from Associates 32 72 227 223 Exceptional Items (855) 17 (855) 17 Profit / (Loss) Before Tax 482 451 3021 (7
Slide 5: Engineering Business
Engineering Business ENGINEERING & INDUSTRIES LTD.
Slide 6: Engineering Businesses
Engineering Businesses Triveni Gears Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of 70,000 rpm Triveni Water A leading player in the high technology water & wastewater management business 6
Slide 7: Engineering Businesses Revenue Growth
Engineering Businesses Revenue Growth 4000 3951 3500 3009 3000 2736 2734 2524 2500 ` in millions 2000 1500 1000 423 500 256 255 70 153 0 FY 12 FY 12-14* FY 15 FY 16 FY 17 Revenue PBIT Note: For FY 16 & FY 17 revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 Mar 14 7
Slide 8: Gears Business - Overview
Gears Business - Overview Design, manufacture and marketing of customised Triveni technology for high speed gear boxes upto gears and gearboxes (both high speed and niche 7.5 MW and for hydel gearbox range upto 6 MW low speed gears) Range above 7.5 MW-62 MW is manufactured using State-of-the
Slide 9: Gears Business - Overview
Gears Business - Overview Fully integrated plant with all critical operations in-house with state-of-the-art infrastructure More than 21,500 MW Preferred partner to and 7150 gearboxes in Domestic and operation Multinational OEMs Leading Turbo Gears company in India and SE Asia, market share of >80%
Slide 10: Gears Business Financial Performance
Gears Business Financial Performance 1600 1421 1400 1199 1200 1043 1033 1000 922 ` in millions 800 600 397 400 301 292 292 180 200 0 FY 12 FY 12-14* FY 15 FY 16# FY 17# Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 Mar 14 Overall the market is s
Slide 11: Water Business - Overview
Water Business - Overview During FY 12, the Company has made a long term technology providers for various products, process & strategic investment by acquiring 25.04% equity solutions such as Ultra filtration (UF), Reverse stake in an International Water Technology Osmosis (RO), Moving Bed Bio R
Slide 12: Water Business - Overview
Water Business - Overview Over 100 successfully operating installations Technology associations with the across various segments infrastructure, industrial providers for various products, and municipal processes and solutions Won many Water Awards Approx. 8000 MLD of for Innovative project water is
Slide 13: Water Business Financial Performance
Water Business Financial Performance 3000 2530 2500 1976 2000 1812 1692 ` in millions 1500 1326 1000 500 -28 123 -37 -141 -221 0 FY 12 FY 12-14 (*) FY 15 FY 16# FY 17# -500 Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 Mar 14 The gross revenue d
Slide 14: Sugar Business
Sugar Business hy . Piven ENGINEERING & INDUSTRIES LTD. 14
Slide 15: Sugar Business
Sugar Business Sugar One of the largest sugar producers in India with seven sugar manufacturing facilities Co-generation Three grid connected co-generation plants and three incidental co-generation plants located across five sugar units. Distillery One of the largest single stream molasses based dis
Slide 16: Sugar Business Industry Overview
Sugar Business Industry Overview As per the estimates, the sugar production will decline The sugarcane planting in the country has increased as by 19% to 20.1 million tonnes in the (Sugar Season) SS compared to last year as per the initial estimates. The 2016-17. Uttar Pradesh surpassed Maharash
Slide 17: Sugar Business Industry Overview
Sugar Business Industry Overview (Figures in million tonnes) 2015-16 2016-17 2011-12 2012-13 2013-14 2014-15 (P) (E) Opening Stock as on 1 st Oct. 5.8 6.6 9.3 7.5 9.1 7.7* Production during the Season 26.3 25.1 24.4 28.3 25.1 20.1 Imports 0 0.7 0.1 0.0 0.0 0.5 Total Availability 32.1 32.4 33.8 35.8
Slide 18: Sugar Business - Overview
Sugar Business - Overview Major facilities located in cane rich areas of Western Uttar Pradesh with more than 80% cane intensity - better realizations & lower transportation cost. fertile and irrigated land Long term relationship with ~ 250,000 farmers Sugar cane catchment area for all sugar u
Slide 19: Sugar Business Financial Performance
Sugar Business Financial Performance Highest ever sugarcane crush at 6.4 million tonnes, The sugar realization has shown an improvement of an increase of 42% from last sugar season 19% quarter-over-quarter with the average realization for Q4 FY 17 at ` 37266 /tonne. The current sugar Highest a
Slide 20: Co-generation Business - Overview
Co-generation Business - Overview Triveni presently operates grid connected three Deoband and Khatauli co-generation plants of the co-generation plants and three incidental Company are registered as Clean Development co-generation plants located across five sugar units Mechanism (CDM) projects w
Slide 21: Co-generation Business Financial Performance
Co-generation Business Financial Performance 3000 2657 2500 ` in millions 2000 1826 1706 1568 1500 1293 994 1000 780 694 499 658 500 0 FY 12 FY 12-14 (*) FY 15 FY 16# FY 17# Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 Mar 14 The operating effi
Slide 22: Distillery Business - Overview
Distillery Business - Overview One of the largest single stream molasses based The distillery has a flexible manufacturing process distillery in the country located at Muzaffarnagar. allowing it to produce Extra Neutral Alcohol (ENA), Strategically located in close proximity to two of its Rect
Slide 23: Distillery Business Financial Performance
Distillery Business Financial Performance 2500 2261 2000 1805 1680 1525 ` in millions 1500 1264 1000 737 437 466 500 272 287 0 FY 12 FY 12-14 (*) FY 15 FY 16# FY 17# Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 Mar 14 The sales volume and net s
Slide 24: Triveni Turbine Ltd.
Triveni Turbine Ltd. 24
Slide 25: Triveni Turbines Factsheet
Triveni Turbines Factsheet Market leadership position Joint Venture with General manufacturers of steam in India, with around 60% Electric, GE Triveni Ltd, turbines up to 30 MW market share for a decade with majority stake for the range for providing range above 30 MW to industrial & renewable 100 M
Slide 26: Triveni Turbines Factsheet
Triveni Turbines Factsheet Over 3000 steam turbines installed globally Presence in Over 12 GW over 70 power generation countries capacity 26
Slide 27: Global Footprint
Global Footprint TRIVENI TURBINES EUROPE PVT LTD TRIVENI TURBINES DMCC LTD. THAILAND VIETNAM TRIVENI TURBINE LTD, INDIA 13 SERVICE INDONESIA CENTERS SOUTH AFRICA Head Office/ International Subsidiaries Manufacturing Service Locations CAGR of 25% in Export sales in past 5 years 27
Slide 28: Infrastructure
Infrastructure State-of-the-art manufacturing facilities 1 equipped to provide manufacturing of critical components, assembly, testing and refurbishing services Latest design tools and software to 2 deliver innovative solutions to customers 28
Slide 29: Design & Development
Design & Development Continuous value engineering helps us to deliver products requirements for economic installation and operation Strong design team supported by Innovative product development consultants and domain experts concepts such as design to cost, QFD, FMEA techniques, DOE Association wit
Slide 30: Comprehensive Service Solutions
Comprehensive Service Solutions Highly Skilled Team Customised Total High Repeat Service OEM Expertise Customer Customers Solutions Satisfaction Orders Latest Equipment Service Offerings: • Full speed vacuum balancing tunnel for balancing turbines, compressors/alternators • Customization & upgradati
Slide 31: Financial Performance
Financial Performance 8000 30 7446 7129 7000 6569 6255 23.4 24.8 25 23.8 6000 21.7 20.0 5083 20 5000 ` in millions 4000 15 (%) 3000 10 1846 2000 1567 1670 1356 1014 5 1000 0 0 FY13 FY14 FY15 FY16 FY17 Net Sales PBT PBT Margins (%) Note: For FY 16 & FY 17 consolidated numbers including Share of Profi
Slide 32: Q4 & FY 17 Financial Performance
Q4 & FY 17 Financial Performance (Figures in ` million) Q4 FY 17 Q4 FY 16 % Change FY 17 FY 16 % Change Total Income 1829 2097 -13% 7446 7129 4% EBITDA 471 550 -14% 1954 1790 9% EBITDA Margin 25.75% 26.20% 26.24% 25.10% Depreciation & Amortisation 42 38 10% 148 153 -3% PBIT 429 512 -16% 1806 1638 10
Slide 33: GE Triveni Ltd.
GE Triveni Ltd. • Triveni Turbine Ltd. formed a 50:50 Joint Venture • GETL recorded sales of ` 1.21 billion with a PAT of with GE on 15th April 2010. GE Triveni Ltd. (GETL) ` 102 million headquartered in Bengaluru, a subsidiary of TTL, • The order booking for the JV is also gaining will design, supp
Slide 34: Contact for Investor Relations
Contact for Investor Relations CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 cnnarayanan@trivenigroup.com Gavin Desa/ Rabindra Basu Citigate Dewe Rogerson Tel: +91 22 66451237/1248 gavin@cdr-india.com / rabindra@cdr-india.com ------------------------
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