Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q5 FY12-14 Earnings Presentation
32 slides from Triveni Engineering and Industries's earnings presentation, March 2014
Slide 1: Corporate Presentation Q5/15M FY12-14
Triveni Engineering & Industries Ltd. CORPORATE PRESENTATION Q5/15M FY12-14(#) (#)Extension of current financial year 2012-13 ending on September 30. 2013 by a period of six months so as to end on March 31, 2014 and accordingly the said financial year shall be for a period of 18 months, beginning Oc
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure TEIL holds 21.8% of the equity in TTL 50% plus one share 2
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies – Triveni Engineering is one amongst the largest Triveni Engineering & Industries Ltd. integrated sugar manufacturers in India and and Triveni Turbine Ltd. the market leader in its engineering businesses comprising high speed gears, gearb
Slide 4: Triveni Engineering & Industries Ltd. (TEIL)
Triveni Engineering & Industries Ltd. (TEIL) 4
Slide 5: Engineering Business – Pan India Presence
Engineering Business – Pan India Presence GEARS BUSINESS - MYSORE Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of 70,000 Noida rpm Engineering Business WATER BUSINESS – NOIDA A leading player in Corporate Office the high Mysore technology water Manufacturing Facilitie
Slide 6: Engineering Business – Revenue Growth
Engineering Business – Revenue Growth 3500 CAGR 07*-12 3068 3000 SALES – 22% 2736 2625 2500 PBIT – 17% 2000 ` in millions 1730 1500 1437 1006 1000 651 565 500 325 392 423 192 0 FY07* FY08 FY09 FY10 FY11 FY12 Revenue PBIT FY07* - 12 months period from Oct 06 – Sep 07 6
Slide 7: Gears Business Group – Business Perspective
Gears Business Group – Business Perspective Triveni is in the business of design, manufacture and marketing of customised gears and gearboxes (both high speed and niche low speed gears) having a state-of-the-art design and manufacturing facility at Mysore conforming to international standards. A
Slide 8: Gears Business Group – Financial Performance
Gears Business Group – Financial Performance In view of uneven distribution of turnover, the CAGR 07*-12 1202 quarterly turnover is not a reflection of its 1200 SALES – 12% 34 35 35 annual performance in terms of turnover and 1043 PBIT – 16% 33 1014 profitability. Net sales and profitability for t
Slide 9: Water Industry – Potential To Grow
Water Industry – Potential To Grow Rising Water Demand to double by 2025 from 2000 levels - Growth potential in coming years in both major segments – Municipal and Industrial. Multi-lateral funding actively promoting privatisation and commercialisation of water. Jawaharlal Nehru National Urban
Slide 10: Water Business – Business Perspective
Water Business – Business Perspective Technology association with world’s leading technology providers for various products, process & solutions such as Ultra filtration (UF), Reverse Osmosis (RO), Moving Bed Bio Reactor (MBBR) etc. One of the widest ranges of products & technologies offered in
Slide 11: Water Business – Financial Performance
Water Business – Financial Performance CAGR 07*-12 The turnover & profitability for the quarter has SALES – 33% 1900 PBIT – 22% 1866 17 been lower primarily because of delay in 1800 execution of projects at customers’ end. 1700 1692 1610 1600 16 On account of lower turnover and resultant 15 1500
Slide 12: Sugar Business
Sugar Business SUGAR BUSINESS One of the largest sugar producers in India with seven sugar manufacturing facilities Sugar CO-GENERATION Business DISTILLERY BUSINESS BUSINESS One of the largest Three state of the art single stream co-generation plants molasses based at two of its major distillery in
Slide 13: Sugar Industry Overview
Sugar Industry Overview Global: As per global industry estimates, the world sugar production for 2013-14 crop cycle is expected to exceed consumption by 5.40 million tonnes. In the recent months, ICE March sugar posted a steep and steady slide from 20.16 cents in mid October to a low at 14.70 ce
Slide 14: Sugar Industry Overview
Sugar Industry Overview (Figures in million tonnes) 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 (P) Opening Stock as on 1st Oct. 4.3 11.0 10.4 4.4 5.0 5.5 6.5 Production during the Season 28.3 26.3 14.5 18.9 24.4 26.3 25.1 Imports - - 2.5 4.0 0 0 0.7 Total Availability 32.6 37.3 27.4 27.
Slide 15: Sugar Business
Sugar Business Major facilities located in cane rich areas Deoband of Western Uttar Pradesh with more than Chandanpur 80% cane intensity – fertile and irrigated land Rani Nangal Sugar cane catchment area for all sugar units under canal irrigation – both in Western & Central Uttar Pradesh - Lower
Slide 16: Sugar Business
Sugar Business The Khatauli sugar plant has been converted into refinery plant and is operational from the current crushing season 2013-14. The cane price for 2013-14 is fixed at the same level as the previous season. However, the State Government has given a concession of ` 63/tonne on sugar ca
Slide 17: Sugar Business - Co-generation Business
Sugar Business - Co-generation Business Due to late start of crushing season, both 1500 1467 45 41 generation and exports were lower than the 1400 1339 1293 corresponding period of previous year. The units 40 1300 39 operated for less than a month during Q5 FY12- 1200 1174 1171 35 14 while the ope
Slide 18: Sugar Business - Distillery Business
Sugar Business - Distillery Business 1300 24 1264 25 The operational period of Distillery was 1200 22 19% lower during the current quarter on 1100 account of late start of sugar cane 20 1000 crushing. However, on account of higher 889 900 sales volume and higher realization, 17 profits for the qua
Slide 19: Sugar Business – Operational Performance
Sugar Business – Operational Performance Co-generation Business Oct – Dec 2013 Oct – Dec 2012 15M FY 12-14 Power Generated – (‘000 KWH) 34253 61449 280844 Power exported – (‘000 KWH) 22810 40102 185917 Distillery Business Oct – Dec 2013 Oct – Dec 2012 15M FY 12-14 Production (KL) 9967 12526 55276 Sa
Slide 20: Financial Performance
Financial Performance Net Sales (` In Million) (Overall) Net Turnover – Sugar Business 4856 (` In Million) 5903 4501 Oct - Dec 2013 5334 Oct - Dec 2012 290 389 464 387 Oct – Dec 2013 Oct – Dec 2012 Sugar Co-generation Distillery Revenue Composition (` In Million) Net Turnover – Engineering Business
Slide 21: Financial Performance
Financial Performance Order Book in Millions Gears Water 5700 4550 640 545 Oct - Dec 2013 Oct - Dec 2012 Total - 6340 Total – 5095 21
Slide 22: Triveni Turbine Ltd. (TTL)
Triveni Turbine Ltd. (TTL) 50% plus one share TEIL is holding 72 million equity shares of ` 1/- each in TTL - 21.8% of the total equity capital of ` 330 million 22
Slide 23: TTL – Pan India Presence
TTL – Pan India Presence Manufacturing Facility NOIDA Marketing and Service Centres Allahabad Ahmedabad Raipur Kolkata Mumbai Latur Nagpur Pune Hyderabad Kolhapur Vijaywada Bengaluru Key Differentiator 23
Slide 24: TTL – Business Perspective
TTL – Business Perspective Cater to wide range of customers across segments like sugar, paper, co-gen, textiles, pharma, steel, IPP. Consistently upgrading the product range and efficiency. The current range of product up to 30MW. Manufacturing since 1968; over 2,500 turbines manufactured an
Slide 25: Efficient Products
Efficient Products Product Product Straight Back Pressure Type Product Product Triveni Turbines Straight Condensing Type Condensing Type with Controlled Extraction Condensing Type with Un- Controlled Extraction Condensing Type with Injection Power Generation Capacity Up to 30 MW Steam Inlet Temperat
Slide 26: Unparallel Service
Unparallel Service Aftermarket Services are integrated under Customer Care Cell (CCC) which provides solutions for all after-sales requirements from erection and commissioning (E&C) to maintenance and spare parts to efficiency improvement. Full speed vacuum balancing tunnel for balancing turbines, c
Slide 27: Diverse Applications & Industry Segments
Diverse Applications & Industry Segments Co-generation Sugar Captive Power Plant Palm Oil Combined Heat & Power Distillery CCP / Waste Heat Recovery Pulp & Paper Incineration Food Processing Biomass Textiles Steel & Metal Carbon Black Cement Chemicals & Fertilisers Oil & Gas and Petrochemical Distri
Slide 28: Financial Performance – Steam Turbine Business
Financial Performance – Steam Turbine Business PBT Net Sales PBT Margins 1567 FY13 6569 1350 FY12 6319 FY 13 FY 08 23.8 23.5 1289 FY11 6135 FY12 FY 09 1140 21.3 21.7 FY10 5256 FY11 FY10 20.9 21.4 978 FY 09 4542 1135 FY 08 4845 0 1000 2000 3000 4000 5000 6000 7000 All financials are for April-March p
Slide 29: Financial Performance
Financial Performance (Figures in ` million)
Slide 30: Financial Performance
Financial Performance The domestic market showed some improvement in The order booking in the export market in the first Q3 FY 14 vis-a-vis Q3 FY 13, but the overall nine months has been quite below our estimates domestic market for the first nine months of the mainly due to macro-economic reasons.
Slide 31: Joint Venture with General Electric (GE)
Joint Venture with General Electric (GE) Triveni Turbine Ltd. formed a 50:50 Joint Venture with After securing two domestic orders totalling 76 MW GE on 15th April 2010. GE Triveni Ltd. (GETL) in the current financial year, the JV secured its first headquartered in Bengaluru, a subsidiary of TTL, wi
Slide 32: Contact
Contact CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 cnnarayanan@trivenigroup.com Gavin Desa/ Ashwin Chhugani Citigate Dewe Rogerson Tel: +91 22 66451237/1250 gavin@cdr-india.com/ ashwin@cdr-india.com ------------------------------------------------
Triveni Engineering & Industries — Q5 FY12-14 Earnings Presentation on 6ix