Triveni Engineering And Industries Limited · NSE:TRIVENI
Triveni Engineering And Industries — Q3 FY26 Earnings Presentation
88 slides from Triveni Engineering And Industries's earnings presentation, Jan 30, 2026
Slide 1: Investors' brief & presentation for Q3 & 9M FY26 cover letter
\. +91 1204308100 tit +91 1204311010/11 e www.trivenigroup.com REF TElL SE Date: .) anuary, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-I, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) Mumbai - 40000 I Mumbai - 400051 Thru: BSE
Slide 2: 9M FY26 Consolidated Results press release
Registered office: A-44, Hosiery Complex, Phase-II Extension, Noida-201 305, Uttar Pradesh, India. Corporate office: Express Trade Towers, 8th floor, 15-16, Sector 16A, Noida 201301, Ph: 0120-4308000, Fax: 0120-4311011 CIN: L15421UP1932PLC022174 For Immediate Release 9M FY 26 Consolidated Results en
Slide 3: Performance Highlights
Performance Highlights: ▪ Net turnover (Net of excise duty) for 9M FY 26 / Q3 FY 26 increased by 17.8% and 16.5% respectively due to higher sales volume in sugar and distillery segments and improved sugar realisation prices. Turnover of the Engineering business increased by 11% and 15% during 9M FY
Slide 4: Chairman's commentary on financial performance
Commenting on the Company’s financial performance, Mr. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries Ltd, said: “I am pleased to report that despite challenging environment, the company has delivered healthy results, mainly due to much improved performance in Sug
Slide 5: Sugar business performance review
Q3 / 9M FY 26: BUSINESS-WISE PERFORMANCE REVIEW (all figures in ₹ crore, unless otherwise mentioned) Sugar business Triveni is one of the largest integrated sugar producers in the country, with eight sugar units (including SSEL) located in the state of Uttar Pradesh of which seven sugar units are FS
Slide 6: Sugar business Triveni, SSEL and consolidated
Triveni: Q3 FY 26 Q2 FY 25 Change % 9M FY 26 9M FY 25 Change % Sugar Domestic Dispatches 202,949 189,109 7.3 698,323 653,458 6.9 (Tonnes) Average Realisation (₹/MT) 41,022 38,907 5.4 40,692 38,849 4.7 Revenue (₹ crore) 962.8 874.1 10.2 3,158.7 2,816.9 12.1 PBIT (₹ crore) 99.8 55.2 80.9 97.6 63.9 52.
Slide 7: Industry scenario: sugar balance sheet, cane prices
• Sugar balance sheet for Sugar Season (SS) 2025-26: With an estimated opening balance as on October 1, 2025 of around 6 million tonnes, domestic production of 31 million tonnes, domestic sales of around 28 million tonnes, the closing stock is expected to be around 8 million tonnes. This is after co
Slide 8: Alcohol (Distillery) business
Alcohol (Distillery) business The Company has state-of-the-art distilleries spread across Muzaffarnagar (MZN) – 2 facilities, Sabitgarh (SBT), Milak Narayanpur (MNP), Rani Nangal (RNG) and Shamli in Uttar Pradesh. These facilities have the capability to produce Ethanol, Extra Neutral Alcohol (ENA),
Slide 9: Power Transmission Business
• Higher production / Sales Volume is on account of full operations in the current period whereas in the previous period, the production was impacted due to stabilization period for the new grain distillery commissioned in April’24 as well due to distilleries not operating for some period in view of
Slide 10: Power transmission performance and order booking
Performance Q3 FY 26 Q3 FY 25 Change % 9M FY 26 9M FY 25 Change % Revenue (₹ crore) 80 73 9 240 230 4 PBIT (₹ crore) 28.7 23.7 21 86.7 80.4 8 Order Booking (₹ crore) 87 106 -18 256 313 -18 Closing Order Book (₹ 409 377 8 409 377 8 crore) – Total Order booking Segment wise Product (₹ crore) 44 45 -2
Slide 11: Water business
Water business Water Business Group (WBG) of Triveni is one of India’s leading businesses today in the market offering complete range of Water & Wastewater solutions, through innovative technologies and the latest equipment range. The business has strong management and innovation skills in handling
Slide 12: About Triveni Engineering & Industries Limited
Attached: Details to the Announcement and Results Table About Triveni Engineering & Industries Limited Triveni Engineering & Industries Limited (TEIL) is a diversified industrial conglomerate having core competencies in the areas of sugar, alcohol, power transmission and water. The Company holds the
Slide 13: Contact details and forward-looking note
For further information on the Company, its products and services please visit www.trivenigroup.com Himanshu Sharma Gavin Desa/ Rishab Barar Triveni Engineering & Industries Ltd CDR India Ph: +91 120 4308000 Ph: +91 22 6645 1237 / 1235 E-mail: ir@trivenigroup.com E-mail: gavin@cdr-india.com|rishab@c
Slide 14: Standalone Unaudited Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: AM, Hosiery Complex, Phase-It Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201 301 CIN: L15421UP1932PLC022174 Statement of Standalone Unaudited Financial Resul
Slide 15: Standalone Segment wise Revenue, Results, Assets and Liabilities
TRIVENI ENGINEERING & INDUSTRIES LIMITED Standalone Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Nine Months ended December 31, 2025 (f in crores) 3 Months ended 9 Months ended Year ended 31/Der,l2025 30/Sep/2025 31/Der,l2024 31/Der,l2025 31/Der,l2024 31/Mar/20
Slide 16: Notes to Standalone Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Notes to the Standalone Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('ind AS') notifi
Slide 17: Consolidated Unaudited Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: A-44, Hosiery Complex, Phase-II Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201301 CIN: L15421UP1932PLC022174 Statement of Consolidated Unaudited Financial Re
Slide 18: Consolidated Segment wise Revenue, Results, Assets and Liabilities
TRIVENI ENGINEERING & INDUSTRIES LIMITED Consolidated Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Nine Months ended December 31, 2025 (f in crores) 3 Months ended 9 Months ended Year ended 31/Der/2025 30/Sep/l025 31/Der/2024 31/Der/2025 31/Der/2024 31/Mar/l025
Slide 19: Notes to Consolidated Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Notes to the Consolidated Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('Ind AS') noti
Slide 20: Interim dividend and approval notes
7. The Board of Directors of the Company has declared an interim dividend of 150 % (~ 1.50 per equity share of face value of ~ 1/ - each) for the financial year ending March 31, 2026. 8. The figures of the previous period under various heads have been regrouped to the extent necessary. 9. The above
Slide 21: Consolidated Unaudited Financial Results summary
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: A-44, Hosiery Complex, Phase-II Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201 301 Website: www.trivenigroup.com CIN: L15421UP1932PLC022174 Statement of Cons
Slide 22: Investor Presentation Q3 FY26
INVESTOR PRESENTATION Q3 FY 26 Jan 2026 1
Slide 23: Contents
CONTENTS 03 COMPANY OVERVIEW RESTRUCTURING 08 OUR FINANCIAL 13 HIGHLIGHTS OUR BUSINESSES 22 59 SHAREHOLDING PATTERN 2
Slide 24: Triveni at a Glance
TRIVENI AT A GLANCE LOCATIONS* 23 world-class facilities 70,500 >12,500+ including: Tonnes per day PTB installations across 8 Sugar plants Sugarcane crushing the world 5 Distillery facilities at capacity* four locations # 860 KLPD >12,200+ MLD Kilo Liter Per Day (KLPD) ~ ₹ 8,548 Crore Alcohol/Distil
Slide 25: Our Strengths
OUR STRENGTHS Strong Leadership Financial Strength Stakeholder Trust Strategic Tailwinds Market Leadership & Governance & Resilience & Ecosystem & Growth Drivers Integration • Experienced • Among the leading • Significantly • Deep-rooted • Well-positioned to management players in the India’s strengt
Slide 26: Our Business-wise Outlook: Sugar and Alcohol
OUR BUSINESS-WISE OUTLOOK SUGAR • Overall Sugarcane crop position seems healthy for the Sugar Season (SS) 2025-26. • We are witnessing improved Sugar recovery trends during the ongoing season • These positive developments, coupled with our continued efforts in varietal substitution, enhancement of a
Slide 27: Our Business-wise Outlook: Power Transmission and Water
OUR BUSINESS-WISE OUTLOOK POWER TRANSMISSION • Outlook for the domestic product segment within high speed gears is promising with robust industrial capex and economic growth. • While the order booking during the 9 months period is lower but order book is higher by 8%. • Significant uptick in our inq
Slide 28: ESG Guiding Principles
ENVIRONTMENT, SOCIAL, GOVERNANCE (ESG) GUIDING PRINCIPLES Highest level of ethical and corporate governance standards, with stringent compliances Best-in-class sustainable processes and solutions across our operations and units Allocation of capital with focus on reducing carbon footprint and promot
Slide 29: Restructuring
a aoe FROM RESTRUCTURING =.=]
Slide 30: Corporate Structure Simplification Underway
CORPORATE STRUCTURE SIMPLIFICATION UNDERWAY On 10 December 2024, the Board of Directors of Triveni Engineering & Industries Limited (TEIL/Amalgamated Company/Demerged Company), Sir Shadi Lal Enterprises Limited (SSEL/Amalgamating Company) and Triveni Power Transmission Ltd. (TPTL/ Resulting Company)
Slide 31: Existing and Resultant Structure: TEIL and SSEL
EXISTING AND RESULTANT STRUCTURE OF ENTITIES: TEIL and SSEL After Amalgamation of Before Amalgamation of SSEL with TEIL SSEL with TEIL 39.02% 38.23% 39.42% 60.98% 61.77% 60.58% Promoters Public TEIL (Promoter) Public Promoters Public ~21.89 cr shares of INR 1 each ~52.5 lakh shares of INR 10 each ~2
Slide 32: Existing and Resultant Structure: TEIL and TPTL
EXISTING AND RESULTANT STRUCTURE OF ENTITIES: TEIL and TPTL After Amalgamation of SSEL with TEIL After PTB Demerger and before PTB Demerger 27.64% 39.42% 39.42% 42.48% 72.36% Total 60.58% Promote 60.58% r 100.00% 29.88% Holding Promoters Public TEIL (Promoter) Existing Promoters of TEIL (Promoter) P
Slide 33: Rationale for Demerger of Power Transmission Business
RATIONALE FOR DEMERGER OF POWER TRANSMISSION BUSINESS & RATIO OF ISSUE OF EQUITY SHARES BY TPTL Sharpened focus The transfer of the PTB Undertaking (as defined in the Scheme) into TPTL will enable each business to sharpen its focus and organize its activities and resources to improve its offerings t
Slide 34: Our Financial Highlights
OUR FINANCIAL HIGHLIGHTS
Slide 35: Our Long-term Highlights
OUR LONG-TERM HIGHLIGHTS 03 Strong balance sheet position Well Diversified and Growing 01 • Improved leverage and cost of funds Revenues over the period • FY 20-25 Gross Revenue CAGR 8.9% • ICRA Long Term Credit Rating of AA+ $ • Rising revenue contribution from non-sugar business from 21% to 38% du
Slide 36: Robust Financial Performance
ROBUST FINANCIAL PERFORMANCE ₹ Crore Revenue from Operations (Gross)* Profit Before Interest and Tax (PBIT) 6808 603 6310 6151 576 584 505 4703 4694 510 4437 408 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Robust revenue growth of 8.9% p.a. during FY 2020-2025 with increa
Slide 37: Strong Balance Sheet Position
STRONG BALANCE SHEET POSITION Total Consolidated Debt (₹ Crore) Total Consolidated Debt To Equity (x times) 1969 1.16 1558 1568 1411 0.82 994 914 0.64 0.49 0.63 0.35 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Average Cost of Debt (Standalone) Long-term credit rating ICRA
Slide 38: Creating Shareholder Value
CREATING SHAREHOLDER VALUE Funds Dividends & Retained for Cash Capital Buybacks (incl. Working Expenditure* Generation taxes) Capital ₹ 1,176 crore during FY 20-25 ₹ 1,574 crore ₹ 1,452 crore (28% of cash ₹ 4,202 crore (37% of cash (35% of cash generation) generation) generation) Healthy mix of inve
Slide 39: Enhancing Shareholder Returns Through Buybacks & Dividends
ENHANCING SHAREHOLDER RETURNS THROUGH COMBINATION OF BUYBACKS & DIVIDENDS Buyback of Shares (₹ Crore) Dividend (₹ Crore) Dividend Payout Ratio (%) 800 12% 125.9 21% 20% 22% 15% 17% 100 78.6 10% 65 71.1 42.3 54.7 27.3 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20 FY 21 FY 23 FY 20 FY 21 FY 22 FY 23 FY 24
Slide 40: Consolidated Financial Highlights Q3 FY26
CONSOLIDATED FINANCIAL HIGHLIGHTS Q2 FY 26 ₹ Crore Q3 FY 26 Q3 FY 25 Change % 9M FY26 9MFY25 Revenue from Operations (Gross) 1,818.3 1,600.3 13.6 5,787.2 4,882.7 Revenue from Operations 1,478.1 1,268.3 16.5 4,782.5 4,060.0 (Net of excise duty) EBITDA 174.9 101.0 73.2 338.1 216.4 EBITDA Margin 11.8%
Slide 41: Our Businesses
OUR BUSINESSES
Slide 42: Sugar
SUGAR
Slide 43: Our Sugar Business Profile
OUR SUGAR BUSINESS PROFILE Strategic Manufacturing Presence WE MANUFACTURE CENTRAL UP 1. Rani Nangal (Sulphitation)# Refined sugar for high-grade end users 1 1 2. Milak Narayanpur (Refined) Various grades of pharmaceutical sugar, which 2 2 3. Chandanpur (Sulphitation)*# can be customised as per user
Slide 44: Sugar Business Performance Over the Years
2015-16 1.57 2015-16 49 2016-17 1.67 2016-17 71 2017-18 1.83 2017-18 95 2018-19 2018-19 1.94 94 2019- 2019-20 101 20 1.92 2020-21 94 2020-21 1.96 2021-22 89 2021-22 1.98 2022- 2022-23 95 2.04 23 Sugar Produced (Lakh Quintals) Area under Sugarcane (Lakh Hectares) 2023-24 2023- 89 24 2.06 2024-25 92 2
Slide 45: Sugar Realisations Set to Strengthen
SUGAR REALISATIONS SET TO STRENGTHEN Triveni Sugar Realization (Domestic) (Rs./Qtl) 4,200 4,118 4,120 4,137 4,100 4,089 4,102 4,099 4,088 4,098 4,008 4,014 3,986 4,062 3,989 4,000 3,956 3,931 3,934 3,932 3,917 3,879 3,851 3,912 3,872 3,855 3,855 3,840 3,816 3,737 3,761 3,800 3,717 3,713 3,615 3,653
Slide 46: Sugar Industry: Structural Shift Driving Margin Stability
Sugar Industry: Structural Shift Driving Margin Stability We believe Sugar Industry has undergone significant changes in last few years, which has in turn significantly reduced the cyclical nature of the industry Sugar Segment Average EBIT Margin Fair and Remunerative Price (FRP) of sugarcane Key Po
Slide 47: Sugar: Volumes and Realisations Drive Topline Growth
SUGAR: VOLUMES AND REALISATIONS DRIVE TOPLINE GROWTH Sugar Dispatches (Tonnes) Average Realisation (₹/MT) +12.4% (Total) +5.6% +4.7% 698323 653458 +8.3% (Total) 40,959 40,637 38,770 38,806 219581 6,70,962 7,54,002 202728 2,02,728 2,19,581 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 Q3 FY 25 Q3 FY 26 9M FY 2
Slide 48: Sugar: Profitability Impacted by Higher Costs
SUGAR: PROFITABILITY IMPACTED BY HIGHER COSTS ₹ Crore REVENUE PBIT +18.6% +108.8% +92.3% 3,424.9 87.4 +12% 2,888.3 82.6 41.8 42.9 929.5 1,040.8 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 25 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 • Despite increase in cane price by Rs 300/MT, the improvement in profitability is d
Slide 49: India Sugar Balance Sheet
INDIA SUGAR BALANCE SHEET: IN DEFICIT IN 2024-25 BUT SURPLUS IN 25-26 in million tonnes +2.0* +3.5* +3.4* 31.9 31.1 29.0 26.1 27.6 27.8 7.9 7.9 8.0 5.1 5.6 5.6 0.1 0.8 1.0 Opening Stock as Production Internal Exports Closing Stock as on on 1st Oct Consumption 30th Sep 2023-24 2024-25e 2025-26e • SS
Slide 50: Sugarcane Development Programme – Key Highlights
SUGARCANE DEVELOPMENT PROGRAMME – KEY HIGHLIGHTS A Structured Varietal Active engagement Crop Protection from Various digital Substitution Programme for with farmers through different Pests & Diseases initiatives towards the mutual benefit of the model demonstration using a structured sugarcane Comp
Slide 51: Alcohol
ALCOHOL
Slide 52: Our Alcohol Business Profile
OUR ALCOHOL BUSINESS PROFILE Strategic Manufacturing Presence WE PRODUCE CENTRAL UP 1. Rani Nangal Facility: Multi-feed 200 Bio-ethanol KLPD 1 Extra Neutral Alcohol (ENA), Rectified Spirit (RS) 2. Milak Narayanpur Facility: Multi- 1 2 feed 200 KLPD and Denatured Spirit (SDS) Co-products such as DDGS
Slide 53: Alcohol Business Performance Over the Years
ALCOHOL BUSINESS PERFORMANCE OVER THE YEARS Alcohol Production (in KL) Alcohol Sales (in KL) 200083 201568 184351 181194 182707 180423 107604 107027 117837 103637 93826 FY 20 84566 FY 22 FY 23 FY 20 FY 21 FY 24 FY 25 FY 22 FY 23 FY 21 FY 25 FY 24 Average Realisation (₹/ ltr) IMIL Sales (Lakh Cases)
Slide 54: Among Top 5 Players in UP in IMIL Business
AMONG TOP 5 PLAYERS IN UP IN INDIAN MADE INDIAN LIQUOR BUSINESS • We produce premium-quality molasses-based IMIL (Indian Made Indian Liquor) and grain-based UPML (UP Made Liquor), catering to the Uttar Pradesh market through an extensive distributor and retail network. • Following capex announcement
Slide 55: Indian Made Foreign Liquor Wins Multiple Awards
INDIAN MADE FOREIGN LIQUOR WINS MULTIPLE AWARDS IN 1st YEAR OF LAUNCH MATSYA AWARDS Spiritz Achievers Awards 2024 INDSPIRIT 2025 World Whiskies Award Design THE CRAFTER STAMP Spiritz Achievers Awards 2024 World Whiskies Award Design 34
Slide 56: Alcohol: Increased Volumes Driven by Capacity Addition
ALCOHOL: INCREASED VOLUMES DRIVEN BY CAPACITY ADDITION Alcohol Production (KL) Alcohol Sales (KL) Avg. Realisation (₹/litre) +31.9% -2% +21.4% -2.1% +30.3% +26.6% 1,79,865 1,69,169 1,39,312 1,36,351 62.3 61.1 62.5 61.2 55,347 53,811 42,505 42,492 Q3 FY 25Q3 FY 26 9M FY 259M FY 26 Q3 FY 25Q3 FY 26 9M
Slide 57: Alcohol: Profitability Impacted
ALCOHOL: PROFITABILITY IMPACTED ₹ Crore NET REVENUE* PBIT +19.4% +401.2% 1,220 1,022 +23% +992.6% 81.9 321 395 31.0 2.8 16.3 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 * Revenue net of excise duty • Improvement in the profitability is due to higher Sales Volume, lower pr
Slide 58: EBP Programme Driving Ethanol Demand
EBP PROGRAMME DRIVING ETHANOL DEMAND Ethanol Supplied (Cr. Litres) 19.2 1000 20.0 900 18.0 800 14.6 16.0 700 12.1 719.06 14.0 600 10.0 12.0 500 8.1 402 10.0 400 137 8.0 72 300 4.9 5.0 6.0 4.2 41 200 2.1 10 361 369 4.0 16 261 270 321.02 100 151 179 157 2.0 0 67 0.0 2016-17 2017-18 2018-19 2019-20 202
Slide 59: Power Transmission
POWER TRANSMISSION
Slide 60: Diverse Product & Solutions Portfolio
DIVERSE PRODUCT & SOLUTIONS PORTFOLIO OUR GEARS PORTFOLIO • High power & high speed gears designed for steam turbines, gas turbines, compressors, pumps, blowers, and other special purpose industry applications • Niche low speed gearboxes for mini hydel turbines, steel mills, sugar mills, rubber mixe
Slide 61: Power Transmission Business Highlights
POWER TRANSMISSION BUSINESS HIGHLIGHTS One of the Largest domestic market share One of the few Reliable aftermarket largest across OEMs & patronised by companies globally services throughout engineered-to- global OEMs across application catering to AGMA & API the product life cycle at order turbo ge
Slide 62: Serving a Multitude of Industries
SERVING A MULTITUDE OF INDUSTRIES Industries We Serve Power Refinery & Chemical & Generation Oil & Gas Sugar Petrochemicals Fertilisers (IPPs) Rubber & Cement Steel Marine Plastics Note: Sample list 41
Slide 63: Enabling OEMs Consistently
ENABLING OEMS CONSISTENTLY >50,000 MW globally installed gears capacity Steam Turbines Gas Turbines Centrifugal Compressors Reciprocating Compressors Centrifugal Pumps Fans and Blowers Hydel Turbines 42
Slide 64: Our Power Transmission Business Clientele
OUR POWER TRANSMISSION BUSINESS CLIENTELE Steam Turbines Gas Turbines Compressors Pumps Fans and Blowers Defence 43
Slide 65: Our Power Transmission Business Clientele: Other Key Clients
OUR POWER TRANSMISSION BUSINESS CLIENTELE Other Key Clients 44
Slide 66: Foray into Defence
FORAY INTO DEFENCE OUR DEFENCE PORTFOLIO OUR DEFENCE ADVANTAGE • Marine Propulsion Gearboxes and other R&D expertise on critical turbo products critical gearboxes • Special Application Pumps Stringent adherence to quality standards • Special Application Motor-driven Pumps • Gas Turbine Generators fo
Slide 67: Our Marine Product Profile
OUR MARINE PRODUCT PROFILE Propulsion Engine Winches and Deck Machinery Shafting System Propeller Gearbox Gas Turbine Fin Stabiliser Generator Steering Gear Rudder 46
Slide 68: Power Transmission Business Performance Over the Years
POWER TRANSMISSION BUSINESS PERFORMANCE OVER THE YEARS ₹ crore Revenue CAGR of 19% p.a. between FY 20-25 PBIT CAGR of 21% p.a. between FY 20-25 34.8% 36.7% 34.3% 40.0% 140.0 33.9% 31.5% 31.4% 35.0% 370 120.0 30.0% 127 25.0% 292 100.0 107 80.0 20.0% 225 15.0% 185 60.0 76 154 64 10.0% 130 40.0 49 41 5
Slide 69: Power Transmission: Impacted by Postponement of Order Execution
POWER TRANSMISSION: IMPACTED BY POSTPONEMENT OF ORDER EXECUTION ₹ Crore REVENUE PBIT +4% +8% +9% 230 240 +21% 86.7 80.4 73 80 23.7 28.7 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 Q1 FY 25 Q1 FY 26 FY 24 FY 25 • Despite a tough operating environment and after absorbing incremental costs relating to capacity
Slide 70: Power Transmission: Record Closing Order Book
POWER TRANSMISSION: RECORD CLOSING ORDER BOOK ₹ Crore ORDER BOOKING CLOSING ORDER BOOK +8% -18% -18% 313 409 256 377 106 87 Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 Q3 FY 25 Q3 FY 26 • Significant uptick in our inquiry levels (+75% for 9MFY26 vs same period last year) driven by strong growth across segme
Slide 71: Power Transmission Business Initiatives: Gearing for Future Growth
POWER TRANSMISSION BUSINESS INITIATIVES The Power Transmission business is executing capacity additions that would take the Gears capacity (not including Defence) to ₹700 crore by September 2026. GEARING Investments towards new bay (grinder/ hobber/ equipment) for both power FOR FUTURE transmission
Slide 72: Water Solutions
WATER SOLUTIONS
Slide 73: Our Water Business Profile
OUR WATER BUSINESS PROFILE • A water solutions platform, with capabilities across the water and wastewater treatment value chain – EPC projects, products, solutions, concessions and O&M • The division has been operating for 40+ years, with a history of inhouse product development, relationships with
Slide 74: Our Water Business Highlights
OUR WATER BUSINESS HIGHLIGHTS • Offers a complete range of water & wastewater treatment solutions to both industrial & municipal segments in EPC and PPP models • Undertakes specialized projects across desalination, recycling, ZLD and utility management for water & sewerage networks • Recurring reven
Slide 75: Promising Long-term Growth Outlook for Water Treatment in India
PROMISING LONG-TERM GROWTH OUTLOOK FOR WATER TREATMENT IN INDIA Strong Increasing Increasing Demand for Resurgence of Regulatory Push Urbanization with Recycled Water Traditional Industrial Focus on Quality Segments Increased Sewage Industrial Wastewater Desalination Opportunity Treatment Capacities
Slide 76: Water: Healthy Closing Order Book
WATER: HEALTHY CLOSING ORDER BOOK ₹ Crore REVENUE PBIT CLOSING ORDER BOOK* +21% -15% 1979 -19% +25% 170 140 19.7 -66% 16.7 49 61 10.4 1599 3.6 Q3 FY Q3 FY 9M FY 9M FY Q3 FY 25 Q3 FY 26 9M FY 25 9M FY 26 25 26 25 26 Q3 FY 25 Q3 FY 26 • The outstanding order book as on December 31, 2025 stood at ₹ 1,5
Slide 77: Shareholding Pattern
SHAREHOLDING PATTERN
Slide 78: Shareholding Pattern
SHAREHOLDING PATTERN Foreign Portfolio Investors, 6.96% Mutual Funds + AIF, 8.51% Promoter Group, 60.98% Resident Individuals, 18.92% Corporate Bodies, 1.95% NRI, 1.96% Others, 0.72% Note: As at end of the quarter ending December 31, 2025. Others comprise of Clearing members, HUF, Trust, IEPF, Key M
Slide 79: Annexures
ANNEXURES
Slide 80: Rationale for TEIL Amalgamation with SSEL & Swap Ratio
RATIONALE FOR TEIL AMALGAMATION WITH SSEL & SWAP RATIO Synergies The proposed amalgamation will create and provide Reducing compliance related costs operational synergies, economies of scale, optimum utilization It will result in reduction of multiplicity of entities, thereby of resources, simplific
Slide 81: Rationale for Demerger of Power Transmission Business & Ratio of Issue
RATIONALE FOR DEMERGER OF POWER TRANSMISSION BUSINESS & RATIO OF ISSUE OF EQUITY SHARES BY TPTL Competitive Position and Market Penetration Sharpened Focus PTB has attained a significant size, scale and has a large The PTB and the Residual Business (defined in the headroom for growth in its market.
Slide 82: Chronological Transaction Milestones
CHRONOLOGICAL TRANSACTION MILESTONES • Approval of the Board of Directors on recommendation of Audit Committee & Independent Directors to the Scheme • Filing of Application with Stock Exchanges for No Objection • Filing the Scheme along with Application with NCLT for issuance of summons for directio
Slide 83: Investor Contact
INVESTOR CONTACT Himanshu Sharma Gavin Desa/ Rishab Brar Triveni Engineering & Industries Ltd. Citigate Dewe Rogerson Tel. +91 120 430 8000 Fax : +91 120 431 1010 Tel: +91 22 66451237/1235 ir@trivenigroup.com gavin@cdr-india.com / rishab@cdr-india.com www.trivenigroup.com 62
Slide 84: Safe Harbour/Legal Disclaimer
SAFE HARBOUR/LEGAL DISCLAIMER Some of the statements in this presentation that are not historical facts are forward looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concern
Slide 85: Commonly Used Terms
COMMONLY USED TERMS Term Definition AGMA American Gear Manufacturers Association (AGMA) Colourless liquid produced by natural fermentation of sugary feedstocks and used as an intoxicating Alcohol constituent of potable spirits, industrial solvent and as fuel API American Petroleum Institute ASP Acti
Slide 86: Commonly Used Terms
COMMONLY USED TERMS Term Definition Ethanol that has additives to make it poisonous, bad tasting, foul smelling or nauseating to discourage its Denatured spirit recreational consumption. Distillation Process of separating alcohol from water via evaporation and condensation Ethanol Blended Petrol. Th
Slide 87: Commonly Used Terms
COMMONLY USED TERMS Term Definition Distillery producing Ethanol / Alcohol using various feedstocks such as sugarcane juice/syrup, B-Heavy Multi-feed distillery molasses, C-Heavy molasses, grains such as maize, surplus rice, broken rice and other damaged food grains NGT National Green Tribunal O&M O
Slide 88: Thank You
YOU
Triveni Engineering & Industries — Q3 FY26 Earnings Presentation on 6ix