Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (August 2016)
33 slides from Triveni Engineering and Industries's investor presentation, August 2016
Slide 1: Corporate Presentation (August 2016)
CORPORATE PRESENTATION (August 2016)
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) Engineering Gears W
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies with pan India presence – Triveni Engineering & Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock Exchange Promoter driven, professionally managed companies with eminent and independent Board of Di
Slide 4: Engineering Businesses
Engineering Businesses rivent ENGINEERING & INDUSTRIES LTD. 4
Slide 5: Engineering Businesses
Engineering Businesses Gears Water Market leader in High speed gears & gear A leading player in the high technology boxes upto 70 MW capacity and speed of water & wastewater management 70,000 rpm business 5
Slide 6: Engineering Businesses – Revenue Growth
Engineering Businesses –Revenue Growth 4000 3951 3500 3068 3009 3000 2736 2500 2395 ` in millions 2000 1500 1000 651 423 500 255 256 70.1 0 FY 11 FY 12 FY 12-14* FY 15 FY 16 Revenue PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 6
Slide 7: Gears Business - Overview
Gears Business - Overview Design, manufacture and marketing of customised Own developed technology for high speed gear gears and gearboxes (both high speed and niche low boxes upto 7.5 MW and for hydel gearbox range upto speed gears) 6 MW. State-of-the-art design and manufacturing facility at
Slide 8: Gears Business – Financial Performance
Gears Business – Financial Performance 1600 1421 1400 1202 1200 ` in millions 1043 1033 1084 1000 800 600 419 397 400 301 292 291 200 0 FY 11 FY 12 FY 12-14* FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 Overall the market is still impacted by the slowdown The orde
Slide 9: Water Business - Overview
Water Business - Overview Technology association with world’s leading 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 Aqwise-Wise Water Te
Slide 10: Water Business – Financial Performance
Water Business – Financial Performance 3000 2530 2500 1976 2000 1866 1692 ` in millions 1500 1311 1000 500 232 123 -141 -37 -221 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 -500 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 The turnover during the quarter was 30% higher at The Comp
Slide 11: Sugar Businesses
Sugar Busin A . [ri ven 4 ENGINEERING & INDUSTRIES LTD.
Slide 12: Sugar Business
Sugar Business Sugar Co-generation Distillery One of the largest sugar Three grid connected One of the largest single producers in India with seven co-generation plants and three stream molasses based sugar manufacturing facilities incidental co-generation distillery in the country plants located ac
Slide 13: Sugar Business – Industry Overview
Sugar Business – Industry Overview The country’s sugar production for SS 2015-16 is As per the preliminary estimates for SS 2016-17, the estimated to be slightly over 25 million tonnes, which will total acreage under sugarcane in the country is be around 3 million tonnes lower than the previous
Slide 14: Sugar Business – Industry Overview
Sugar Business – Industry Overview (Figures in million tonnes) 2014.-15 2015-16 2010-11 2011-12 2012-13 2013-14 (P) (E) Opening Stock as on 1st Oct. 4.9 5.8 6.6 9.3 7.5 9.1 Production during the Season 24.3 26.3 25.1 24.4 28.3 25.1 Imports 0 0 0.7 0.1 0.0 0.0 Total Availability 29.3 32.1 32.4 33.8 3
Slide 15: Sugar Business - Overview
Sugar Business - Overview Major facilities located in cane rich areas of Western Closer to country’s major sugar consuming markets Uttar Pradesh with more than 80% cane intensity – - better realizations & lower transportation cost. fertile and irrigated land Long term relationship with ~ 250,000
Slide 16: Sugar Business – Financial Performance
Sugar Business – Financial Performance Sugar Cane price for the Season 2015-16 has been Having fully met the obligations under the mandatory considered at ` 280/quintal (normal variety delivered export scheme, the Company is eligible to receive at gate) along with remission of purchase tax and c
Slide 17: 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 18: Co-generation Business – Financial Performance
Co-generation Business – Financial Performance 3000 2657 2500 ` in millions 2000 1706 1568 1500 1293 1171 994 1000 774 658 499 500 366 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 There were minimal operations during the quarter. Income
Slide 19: 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 20: Distillery Business – Financial Performance
Distillery Business – Financial Performance 2500 2261 ` in millions 2000 1656 1525 1500 1264 1000 762 737 433 500 272 287 90 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 During the quarter under review, the distillery The share of Ethano
Slide 21: Scheme of Arrangement
Scheme of Arrangement The Company had proposed a Composite Scheme of Upon the Scheme becoming effective and in consideration Arrangement (Earlier Scheme) on July 28, 2015 to of the transfer of Sugar Business through demerger, TIL will segregate the Sugar business and Engineering issue and allot to t
Slide 22: Triveni Turbine Ltd.
Triveni Turbine Ltd. 7 [riveni 0 TURBINES
Slide 23: Triveni Turbine Ltd. (TTL) Factsheet
Triveni Turbine Ltd. (TTL) Factsheet One of the world’s largest Listed in NSE & BSE, manufacturers of steam two major stock turbines up to 30 MW range exchanges in India for providing industrial & renewable power solutions Joint Venture with General Electric, GE Robust back-pressure and Triv
Slide 24: Global Footprint
Global Footprint TRIVENI TURBINES EUROPE PVT LTD TURKEY (proposed) TRIVENI TURBINES MEXICO (proposed) DMCC LTD. VIETNAM TRIVENI TURBINE LTD, INDIA 13 SERVICE INDONESIA CENTERS SOUTH AFRICA Head Office/ International Subsidiaries Manufacturing Service Locations CAGR of 35% in Export sales in Installa
Slide 25: Focused on Value Creation
Focused on Value Creation State-of-the-art manufacturing facility Products meeting the most stringent equipped to provide manufacturing of critical international quality standards - API, ASME, components, assembly, testing and AGMA, NEMA, IEC, CE/PED Mark among refurbishing services others Lat
Slide 26: Comprehensive Service Solutions
Comprehensive Service Solutions Highly Skilled Team Customised Total High Repeat OEM Service Customer Customers Expertise Solutions Satisfaction Orders Latest Equipment Service Offerings: Full speed vacuum balancing tunnel Refurbishment solutions for higher MW for balancing turbines, turbines, u
Slide 27: Higher Sustained Efficiency
Higher Sustained Efficiency Continuous value engineering help us to deliver products designed to meet customers’ requirements for economic installation and operation Strong design team supported by Deploy Latest computer aided design and consultants and domain experts engineering software for co
Slide 28: Financial Performance
Financial Performance 8000 25 7081 7000 6569 24 6319 23.8 6255 6000 23 5083 5000 21.7 22.0 22 ` million 4000 (%) 21.3 21 3000 20.0 20 2000 1567 1551 1350 1356 1014 19 1000 0 18 FY12 FY13 FY14 FY15 FY16 Net Sales PBT PBT Margins (%) 28
Slide 29: Focus on Exports
Focus on Exports Exports business growing year-on-year Order Booking Split Closing Order Book Split FY 16 FY 16 FY 15 FY 15 39% 41% 49% 51% 47% 53% 61% 59% Domestic Exports Domestic Exports 29
Slide 30: Q1 FY 17 Financial Performance
Q1 FY 17 Financial Performance • Net Total Income from Operations higher by • Exports contributed 59% of total sales and 52% 30% of orders on hand • Profit after tax (PAT) at ` 269 million, increase • Aftermarket revenues grew substantially by of 33% 60% and are now 28% of total sales • Product sale
Slide 31: Q1 FY 17 Financial Performance
Q1 FY 17 Financial Performance (Figures in ` million) Q1 FY 17 Q1 FY 16 % change Total Income 1617 1245 30% EBITDA 384 297 29% EBITDA Margin 23.7% 23.9% Depreciation & Amortisation 36 38 -5% PBIT 348 259 34% PBIT Margin 21.5% 20.8% Finance Cost 0 1 PBT 348 258 35% PBT Margin 21.5% 20.7% PAT 238 172
Slide 32: GE Triveni Ltd.
GE Triveni Ltd. • Triveni Turbine Ltd. formed a 50:50 Joint • GETL has recorded sales of ` 533 million with Venture with GE on 15th April 2010. GE Triveni a PAT of ` 64 million Ltd. (GETL) headquartered in Bengaluru, a • GETL dispatched some large sized turbines subsidiary of TTL, will design, suppl
Slide 33: 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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