Triveni Engineering And Industries Limited · NSE:TRIVENI
Triveni Engineering And Industries — Q1 FY2024 Earnings Presentation
88 slides from Triveni Engineering And Industries's earnings presentation, Jul 25, 2023
Slide 1: Exchange filing cover letter: Investors' brief for Q1 FY24
m · PIVEDI ENGINEERING & INDUSTRIES LTD. +91120 4308100 g +91120 4311010/11 ~ www.trivenigroup.com REF: TEIL:SE: D: ate: 2511uly, 1 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) Mu
Slide 2: Q1 FY 24 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 Q1 FY 24 Consolidated Results en
Slide 3: Performance Overview: Q1 FY 24 (Consolidated Results)
PERFORMANCE OVERVIEW: Q1 FY 24 (Consolidated Results) In ₹ crore Q1 FY 24 Q1 FY 23 Change % Revenue from Operations (Gross) 1,432.26 1,361.48 5.2% Revenue from Operations (Net of excise duty) 1,197.94 1,225.67 -2.3% EBITDA 137.12 123.75 10.8% EBITDA Margin 11.4% 10.1% Share of income from Associates
Slide 4: General trends of low recovery in Sugar Season 2022-23
There had been general trends of low recovery in the just concluded Sugar Season 2022-23 but the Company has outperformed the state of Uttar Pradesh in the same, with a decline of 23 bps in recoveries (on C-heavy molasses basis). In the Sugar business, we continue to focus on yield improvement initi
Slide 5: Q1 FY 24: Business-wise performance review: Sugar
Q1 FY 24: 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 seven state-of-the-art FSSC 22000 certified sugar manufacturing facilities located in the state of Uttar Prades
Slide 6: Industry Scenario – Domestic
Industry Scenario – Domestic • ISMA estimates all-India sugar production for SS 2022-23 at 32.8 million tonnes after considering diversion of about 4.0 million tonnes of sugar equivalent into ethanol. • As on June 30, 2023 the all-India sugar production for the season reached 32.3 million tonnes wit
Slide 7: Alcohol (Distillery) business
availability for the 2023-24 season (April-March) at 612 million tonnes and sugar production of 38.8 million tonnes. • Thailand sugar production expected to remain subdued: International reports estimate a 10% year-on-year drop in 2023-24 sugarcane crush in Thailand to 85 million tonnes and sugar pr
Slide 8: Alcohol business performance
Performance Q1 FY 24 Q1 FY 23 Change % Operational details Production (KL) 50446 42273 19.3 Sales (KL) 42457 38902 9.1 Avg. Realization (₹/ ltr) 56.96 57.80 -1.5 IMIL Sales (Lakh Cases) 11.26 6.56 71.6 Financial details Gross Revenue (₹ crore) 529.78 379.23 39.7 Revenue Net of Excise Duty (₹ crore)
Slide 9: Power Transmission Business
Power Transmission Business This business based at Mysuru involves manufacturing of high-speed gears and gearboxes up to 70MW capacity with speeds of 70,000 rpm and Defence products and solutions for the Navy. Performance Q1 FY 24 Q1 FY 23 Change % Revenue (₹ crore) 54.09 30.43 77.8 PBIT (₹ crore) 1
Slide 10: Water business
• Increasing footprint to capture high-growth opportunities for Aftermarket segment through a combination of own efforts and expanding the agents’ network • In the Defence segment, the business expects increased order booking from key segments of Gas Turbines packaging, propulsion gearboxes and spec
Slide 11: Water business outlook and PPP opportunities
• Business is also exploring Public Private Partnership (PPP) opportunities for Sewage Treatment Plant (STP) recycling on PPP format • Municipal business opportunities are looking attractive in many states • Outlook is positive for EPC and HAM projects driven by large investments by Governments, bot
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: Investor contacts and forward-looking note
As a result of a Scheme of Arrangement, the Company's steam turbine division was demerged into one of its wholly owned subsidiaries, Triveni Turbine Limited (TTL), and was listed on the NSE and BSE in 2011. The Company owned 21.85 of TTL's equity, until September 21, 2022 when the entire stake was d
Slide 14: Standalone Unaudited Financial Results Q1 FY24
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 CIN : L15421UP1932PLC022174 Statement of Standalone Unaudited Financial R
Slide 15: Standalone Segment wise Revenue and Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Standalone Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter ended June 30, 2023 ( in lakhs) 3 Months ended Year ended 30/Jun/2023 31/Mar/2023 30/Jun/2022 31/Mar/2023 Particulars (Unaudited) (Audited) (Unaudited) (Audited) (refer
Slide 16: Notes to the Standalone Financial Results
TRIVENI ENGINEERING & IND1,JSTRIES LIMITED Notes to the Standalone Unaudited Financial Results for the Quarter ended June 30, 2023 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('Ind AS') notified under section 1
Slide 17: Consolidated Unaudited Financial Results Q1 FY24
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 CIN : L15421UP1932PLC022174 Statement of Consolidated Unaudited Financial
Slide 18: Consolidated Segment wise Revenue and Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Consolidated Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter ended June 30, 2023 ( in lakhs) 3 Months ended Year ended 30/Jun/2023 31/Mar/2023 30/Jun/2022 31/Mar/2023 Particulars (Unaudited) (Audited) (Unaudited) (Audited) (ref
Slide 19: Notes to the Consolidated Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Notes to the Consolidated Unaudited Financial Results for the Quarter ended June 30, 2023 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('Ind AS') notified under section 1
Slide 20: Investor Presentation Q1 FY 24
Investor Presentation Q1 FY 24 July 2023 1
Slide 21: Agenda
AGENDA COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24 2
Slide 22: Company Overview
COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24 3
Slide 23: Company Overview
COMPANY OVERVIEW Integrated and diversified conglomerate in areas of sugar, ethanol and engineering Located strategically in sugarcane-rich western and central belt of Uttar Pradesh Among the Top 3 sugar manufacturers in India & second highest supplier for ethanol* Dominant market player in the engi
Slide 24: Business Overview
BUSINESS OVERVIEW SUGAR ALCOHOL POWER TRANSMISSION WATER SOLUTIONS • 7 FSSC 22000 certified sugar • State-of-the-art alcohol • 3 business segments – Gears, • Leading solutions provider for plants in U.P., India producing facilities with Defence, Built to Print efficient water management for • ~335K+
Slide 25: Our Pan-India Footprint
OUR PAN-INDIA FOOTPRINT >210K Hectare Area under Sugarcane ~335K Farmer Network ~61,000 Tonnes per day crushing capacity TEIL FACILITIES TRIV ENI WATER PROJECTS Note: Map for representation purpose and not to scale OUR SERVICE LOCATIONS COMPANY OVERVIEW OUR 5-YEAR JOURNEY FINANCIAL RESULTS Q1 FY 24
Slide 26: Founding Principles
FOUNDING PRINCIPLES STRONG ETHICS SUSTAINABILITY PRODUCT QUALITY TECHNOLOGY RELATIONSHIPS • Professional and • Leadership in all our • Best in class • Consistent R&D of • Sustainable solutions transparent business business lines with manufacturing technology to surpass that create a high practices s
Slide 27: ESG Principles
ESG PRINCIPLES Maintaining ecological balance while Best-in-class sustainable processes and ensuring business excellence solutions across our operations and units Allocation of capital with focus to reduce Fostering Community Development carbon footprint and promote energy And Social Empowerment eff
Slide 28: Our ESG Driven Approach to Business
OUR ESG DRIVEN APPROACH TO BUSINESS ENVIRONMENTAL SOCIAL GOVERNANCE • Power generation through bagasse, a renewable source • Farmer relations through continuous • Diverse Board of Directors with broad- of energy & co-product of sugar operations communication based functional and managerial • Utilisi
Slide 29: Our 5-Year Journey
COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24
Slide 30: 5-Year Highlights
5-YEAR HIGHLIGHTS Well Diversified and • FY 19-23 Gross Revenue CAGR 19.0% Growing Revenues • Rising revenue contribution from non-sugar business from 21% to 34% during FY 2019-23 Progressively • FY 19-23 PBIT CAGR 17.5% improving profitability • Sugar contribution progressively reducing; from 66% i
Slide 31: Well Diversified and Growing Revenue Base
WELL DIVERSIFIED AND GROWING REVENUE BASE FY 19-23 Revenue CAGR 19.0% Rising non-sugar contribution from 21% to 34% during FY 2019-23 Revenue from Operations (Gross)* Segment-wise Contribution to Revenue from Operations# ₹ Crore 2% 2% 2% 3% 3% 8% 7% 6% 6% 6,310 11% 6% 7% 9% 16% 4% 3% 3% 4% 21% 4% 4,
Slide 32: Progressively Increasing Profitability with Healthy Non-Sugar Contribution
PROGRESSIVELY INCREASING PROFITABILITY WITH HEALTHY CONTRIBUTION FROM NON-SUGAR BUSINESSES FY 19-23 PBIT CAGR 17.5% Sugar contribution progressively reducing; 49% in FY 2023 Profit Before Interest and Tax (PBIT) Segment-wise PBIT Contribution 2% 4% 5% 5% 4% ₹ Crore 11% 9% 8% 10% 13% 21% 19% 576 603
Slide 33: Strong Balance Sheet Position
STRONG BALANCE SHEET POSITION Total Consolidated Debt (₹ Crore) Total Consolidated Debt To Equity (x times) 1,725.9 1,558.2 1,568.0 1.51 994.0 913.8 1.16 0.64 0.82 0.32 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 Average Cost of Debt (Standalone) Long-term credit rating ICRA AA ICRA
Slide 34: Creating Shareholder Value
CREATING SHAREHOLDER VALUE Cash Generation during FY 19-23 ₹ 3581 crore Capital Dividends & Buybacks Funds Retained for Expenditure* (incl. taxes) Working Capital ₹ 929 crore ₹ 1,415 crore ₹ 1,237 crore (26% of cash (40% of cash (34% of cash generation) generation) generation) Healthy mix of investm
Slide 35: Enhancing Shareholder Returns Through Buybacks & Dividends
ENHANCING SHAREHOLDER RETURNS THROUGH COMBINATION OF BUYBACKS & DIVIDENDS ₹ Crore Buyback of Shares Dividend Dividend Payout Ratio (%) 800 100 78.6 71.1 21% 65 15% 17% 42.3 10% 10% 27.3 18.1 FY 20 FY 21 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 Past history of returning cash
Slide 36: Financial Results
= COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24 17
Slide 37: Q1 FY 24: Healthy All-Round Performance
Q1 FY 24: HEALTHY ALL-ROUND PERFORMANCE Higher Sugar • Achieved blended sugar realisations of ₹ 37,254/MT, an increase of 5.6% over previous corresponding period due to high export realisations and relatively firmer domestic Realisations realisations Highest-ever • Highest-ever quarterly Alcohol pro
Slide 38: Financial Highlights Q1 FY 24
FINANCIAL HIGHLIGHTS Q1 FY 24 ₹ Crore Q1 FY 24 Q1 FY 24 Change (%) Revenue from Operations (Gross) 1,432.26 1,361.48 5.2% Revenue from Operations (Net of excise duty) 1,197.94 1,225.67 -2.3% EBITDA 137.12 123.75 10.8% EBITDA Margin 11.4% 10.1% Share of income from Associates (0.03) 8.37 Profit Befor
Slide 39: SS 2022-23: Record Sugarcane Crush in the Season
SS 2022-23: RECORD SUGARCANE CRUSH IN THE SEASON Sugarcane Crushed (Million Tonnes) Sugar Production (Tonnes) Net Recovery (%) +10.8% +7.5% 10.55 8.41 9.33 10.23 887171 953436 1.80 1.58 188585 166817 Q1 FY 23 Q1 FY 24 SS 2021-22 SS 2022-23 Q1 FY 23 Q1 FY 24 SS 2021-22 SS 2022-23 SS 2021-22 SS 2022-2
Slide 40: Sugar: Higher Realisations in Domestic and Export Markets
SUGAR: HIGHER REALISATIONS IN BOTH DOMESTIC AND EXPORT MARKETS Sugar Dispatches (Tonnes) Average Blended Realization (₹/MT) -15.6% +5.6% (Total) 37254 239540 239540 202053 187522 14531 35293 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 Domestic Exports Total • Contribution of sugar sold in Q1 FY 24 was highe
Slide 41: Sugar: Lower Dispatches Impacted Turnover & Profitability
SUGAR: LOWER DISPATCHES IMPACTED TURNOVER & PROFITABILITY ₹ Crore REVENUE PBIT -15.2% -7.0% 1,051.69 892.33 53.29 49.55 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 • Lower turnover in the sugar business of 15.2% due to lower domestic dispatches as compared to previous corresponding year • This led to lower
Slide 42: Sugar: Healthy Domestic Realisations Supported by Premium Mix
SUGAR: HEALTHY DOMESTIC SUGAR REALISATIONS SUPPORTED BY PREMIUM PRODUCT MIX Triveni Sugar Realisation (Domestic) (₹/Quintal) 3,732 3,761 3,717 3,685 3,696 3,639 3,653 3,593 3,620 3,615 3,539 3,511 3,517 3,570 3,568 3,523 3,526 3,505 3,527 3,521 3,513 3,488 3,394 3,478 3,340 3,307 3,276 3,339 3,333 3
Slide 43: Alcohol: Highest Ever Quarterly Production
ALCOHOL: HIGHEST EVER QUARTERLY ALCOHOL PRODUCTION IN Q1 FY 24 Alcohol Production (KL) Alcohol Sales (KL) +19.3% +9.1% 50446 42457 38902 42273 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 Avg. Realisation (₹/litre) • Additional capacities commissioned in FY 23 60.00 -1.5% resulting in highest-ever production
Slide 44: Alcohol: Sales Growth Driven by Additional Capacities
ALCOHOL: SALES GROWTH YEAR-ON-YEAR DRIVEN BY ADDITIONAL DISTILLATION CAPACITIES ₹ Crore NET REVENUE* PBIT +21.4% +2.4% 295.46 51.02 243.42 49.84 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 * Revenue net of excise duty • Additional capacities commissioned in FY 23 contributed to higher Alcohol sales • Despit
Slide 45: Power Transmission Continues Its Growth Path
POWER TRANSMISSION CONTINUES ITS GROWTH PATH ₹ Crore REVENUE PBIT +77.8% +109.8% 54.09 18.40 30.43 8.77 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 • Increase in Q1 FY 24 turnover and profitability driven by product sales across OEMs • Profitability margins improved to 34.0% in Q1 FY 24 as compared to 28.8%
Slide 46: Power Transmission Closing Order Book Up 11.6%
POWER TRANSMISSION CLOSING ORDER BOOK UP 11.6% Y-O-Y ₹ Crore Order Booking Closing Order Book +21.3% +11.6% 65.37 271.63 243.39 53.89 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 • The growth in order book during the quarter is driven by growth witnessed across key sectors such as steel, oil & gas and custom
Slide 47: Water: Closing Order Book Remains Robust
WATER: CLOSING ORDER BOOK REMAINS ROBUST ₹ Crore REVENUE PBIT Closing Order Book* -0.8% +17.6% 65.26 64.72 1,645.47 3.00 1,341.06 2.55 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 Q1 FY 23 Q1 FY 24 • Revenues declined marginally due to delay in execution in certain projects • The business is actively targeti
Slide 48: Business-wise Update
COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24 29
Slide 49: Sugar
Hd ven ENGINEERING & INDUSTRIES LTO. SUGAR
Slide 50: Global Sugar Outlook
GLOBAL SUGAR OUTLOOK • Global Sugar Balance Sheet now pointing to surplus for SS 2022-23 of 0.8 million tonnes. For SS 2023-24, in view of the global demand and supply situation, a surplus of 4.9 million tonnes is expected. • Bumper sugarcane crop and sugar production expected in Brazil: With higher
Slide 51: Domestic Sugar Outlook
DOMESTIC SUGAR OUTLOOK • Closing stock of 6.0 million tonnes expected for SS 2022-23: As per recent estimates that with an opening balance as on October 1, 2022 of around 7.0 million tonnes, sugar production for SS 2022-23 of around 32.8 million tonnes, domestic sales of around 27.5 million tonnes a
Slide 52: Indian Sugar Industry Moving Away from Cyclicality
THE INDIAN SUGAR INDUSTRY IS MOVING AWAY FROM CYCLICALITY • Structural shift from a cyclical industry into more secular and consistent performance-based industry driven by timely and predictable Government intervention • Consistent production much above the consumption levels, has led to a surplus a
Slide 53: Stellar Sugar Business Performance Year After Year
STELLAR SUGAR BUSINESS PERFORMANCE YEAR AFTER YEAR Area under Sugarcane (Lakh Hectares) Sugarcane Crushed (LQ) 932 2.06 874 854 841 837 1.98 798 1.96 1.94 1.92 1.83 640 1.67 1.67 513 1.57 452 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2014-15 2015-16 2016-17 2017-18 2018
Slide 54: The Triveni USP
THE TRIVENI USP • Strategic Location: Presence in Western and Central UP which has one of the best cane area with high yields and water availability. Strong farmer relations, timely sugarcane payment resulting in high drawl rates and good cane productivity • Strong recovery: The Company has one of t
Slide 55: Our Sugar Business Initiatives
OUR SUGAR BUSINESS INITIATIVES Ongoing: • Expansion in the capacity of one of the existing sugar units at Sabitgarh by 2000 TCD (from 7000 TCD to 9000 TCD). With the proposed expansion, the total crushing capacity of the Company will stand augmented to 63,000 TCD • Process change to DRP (Refining pr
Slide 56: Sugarcane Development Programme
SUGARCANE DEVELOPMENT PROGRAMME • Significant focus on Yield improvement through various agronomic interventions (e.g. wide spacing, trench planting, etc.) • Emphasis on before wheat planting has led to an overall increase in its area, providing higher time in the field to the spring planted sugarca
Slide 57: Triveni Brands: Getting Future Ready
TRIVENI BRANDS: GETTING FUTURE READY • Triveni sees a bright future for branded sugar in India, set to grow at double digit CAGRs over the next 5 years • Tremendous scope to bring to market higher grade and quality offerings with premiumization trends • Focus on high quality products under trustwort
Slide 58: Alcohol
ven ENGINEERING & INDUSTRIES LTO. ALCOHOL
Slide 59: Alcohol Segment Driven by Ethanol Demand
ALCOHOL SEGMENT DRIVEN BY ETHANOL DEMAND Ethanol Demand Drivers • Government actively promoting the production and blending of fuel ethanol with petrol, and has targeted 20% blending under Ethanol Blended Petrol (EBP) Programme by 2025 or EBP20 need for renewable fuel for cleaner • To achieve the ta
Slide 60: Sugarcane: Mainstay of the Ethanol Blending Programme
SUGARCANE - THE MAINSTAY OF THE ETHANOL BLENDING PROGRAMME • Ethanol from sugarcane route continues to dominate and 86% 86% 83% 81% contributes 80-85% of total supplied 81% quantities, despite having a lower 71% share for last two years in terms of contracted quantity. • We believe sugarcane will re
Slide 61: Continued Ethanol Pricing Improvements
CONTINUED ETHANOL PRICING IMPROVEMENTS • Government has been incentivizing the industry through supportive ethanol prices under the EBP Programme • Prices were revised for Ethanol Supply Year (ESY) 2022-23, however we believe that to achieve the aggressive blending targets more support is needed esp
Slide 62: Our Alcohol Business Strengths
OUR ALCOHOL BUSINESS STRENGTHS • Flexibility of both feedstock (grain/sugarcane based) and product mix (ethanol/ENA/Rectified Spirit, etc.) to optimize production and profitability based on economics • High operational efficiencies with continuous focus on the same to further improve recoveries and
Slide 63: Timely Investments to Increase Distillation Capacities
TIMELY AND EFFICIENT INVESTMENTS TO INCREASE DISTILLATION CAPACITIES In KLPD • Triveni has been at the forefront of setting up distillation capacities in a ₹ 460 CRORE 1110 timely and efficient manner ₹ 100 CRORE ₹ 250 CRORE 650 • Short timeframe in setting 660 up large scale distilleries 520 utiliz
Slide 64: Our Alcohol Business Initiatives
OUR ALCOHOL BUSINESS INITIATIVES Ongoing: • Overall capacity will be further expanded to 1110 KLPD • Enhancement of sugarcane availability: Higher sugarcane crush will boost availability of sugarcane derived feedstock for distillery operations • Enhancing various value adding propositions through sa
Slide 65: Value Added Proposition: DDGS
OUR VALUE ADDED PROPOSITION: DISTILLERS DRIED GRAIN SOLUBLES (DDGS) Facilities at Milak Narayanpur & Muzaffarnagar to help us enhance our value proposition through their partial/full operations on grains • The by-product of grain-based operations, DDGS, is a protein rich product derived from grains
Slide 66: Value Added Proposition: Fly Ash
OUR VALUE ADDED PROPOSITION: FLY ASH • The process of conversion of molasses to ethanol generates spent wash (an effluent) which upon concentration is called Slop, further used as fuel in the Incineration boilers which leads to fly ash generation which is rich in potash • We supply this fly ash for
Slide 67: Value Added Proposition: CO2
OUR VALUE ADDED PROPOSITION: CO 2 • In the fermentation process of alcohol manufacturing, carbon dioxide is generated as a by-product. This carbon dioxide can be captured, purified, liquified and put into cylinders or converted into dry ice. • The Company has a carbon dioxide capturing unit at its S
Slide 68: Power Transmission
POWER TRANSMISSION
Slide 69: Diverse Product Portfolio Addressing Multitude of Industries
DIVERSE PRODUCT PORTFOLIO ADDRESSING A MULTITUDE OF INDUSTRIES • 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
Slide 70: Multi-Pronged Strategy in Power Transmission Business
MULTI-PRONGED STRATEGY IN POWER TRANSMISSION BUSINESS Pillars of our strategic approach: • World-class technology • Automation & Digitalisation • Associations & tie-ups • Cost management & efficiencies COMPANY OVERVIEW OUR 5-YEAR JOURNEY FINANCIAL RESULTS Q1 FY 24 BUSINESS-WISE UPDATE SHAREHOLDING P
Slide 71: Foray into Defence
FORAY INTO DEFENCE Our Defence Portfolio: • Propulsion Gearboxes and other critical gearboxes • Critical Turbo and Motor-driven Pumps • Gas Turbine Generators for auxiliary power • Steam Turbines to complex Turbo-Auxiliaries • Propulsion System Integration • Propulsion Shafting • Solutions for Steer
Slide 72: Power Transmission Business Highlights
POWER TRANSMISSION BUSINESS HIGHLIGHTS • Among the largest engineered to order turbo gear manufacturer • Largest domestic market share across OEMs & Patronised by global OEMs across application spectrum like STG/GTG/ Compressor / Pumps / Blower / ID-FD Fans • One of the few companies globally cateri
Slide 73: Our Power Transmission Business Initiatives
OUR POWER TRANSMISSION BUSINESS INITIATIVES Ongoing: • Ongoing expansion of power transmission business at an aggregate cost of ₹ 180 crore for setting up a new multi-modal facility, dedicated to Defence products; a new bay proposed to be set up along with a large grinder, hobber and other supportin
Slide 74: Power Transmission Business Outlook
POWER TRANSMISSION BUSINESS OUTLOOK • Outlook for the domestic product segment within high speed gears is extremely promising as industrial CapEx in sectors like sugar, distillery, oil & gas, cement, steel is growing and have been supported by policies and robust economic growth • Focus on market sh
Slide 75: Water Solutions
ENGINEERING & INDUSTRIES LTD. WATER SOLUTIONS
Slide 76: Water & Wastewater Opportunities and the Way Forward
WATER & WASTEWATER OPPORTUNITIES AND THE WAY FORWARD • Global water crisis: Increased demand for water resources, more than 2 billion people globally live in water stressed countries. Situation is getting worse with climate change • Water is undervalued, and proper incentives are not in place to use
Slide 77: Water: Customised and Sustainable Futuristic Solutions
WATER: TRIVENI‘S CUSTOMISED AND SUSTAINABLE FUTURISTIC SOLUTIONS CUSTOMERS • Industrial • Municipal • Specialized projects MODES OF OPERATION • End-to-end Turnkey / EPC offerings • Build, Own, Operate, Transfer (BOOT) model • Private Public Partnership (PPP) TYPES OF PROJECTS • Water treatment (Raw,
Slide 78: Water Business Highlights
WATER BUSINESS HIGHLIGHTS • EPC solutions for water/wastewater treatment and recycling of water, for industrial and municipal applications • ~12,000 Million Liters Per Day (MLD) water treated • >2,000 process equipment supplied and commissioned • Executed some of the largest projects in India COMPAN
Slide 79: Select Ongoing Water & Wastewater Projects
SELECT ON GOING WATER & WASTEWATER PROJECTS • Awarded the Pali HAM/PPP project • Awarded an EPC Project in Bangladesh under a joint-venture with a local company • Awarded the Bhiwadi 6 MLD Zero Liquid Discharge project • 205 MLD STP (3 Phases) at Kondli based upon new NGT norms for Delhi Jal Board f
Slide 80: Water & Wastewater Developments and the Way Forward
WATER & WASTEWATER DEVELOPMENTS AND THE WAY FORWARD • After achieving success in Maldives and Bangladesh, Water business is trying to expand activities in overseas markets • Domestic market opportunities are increasing in Recycle & Reuse of wastewater and water business is equipped to target this ma
Slide 81: Shareholding Pattern
COMPANY OUR 5-YEAR FINANCIAL BUSINESS-WISE SHAREHOLDING OVERVIEW JOURNEY RESULTS UPDATE PATTERN Q1 FY 24
Slide 82: Shareholding Pattern
SHAREHOLDING PATTERN 4.23% 8.14% 60.98% 19.89% 4.25% 1.89% 0.62% Promoter Group Foreign Portfolio Investors Mutual Funds + AIF Resident Individuals Corporate Bodies NRI Others Note: For the quarter ending Jun 30, 2023. Others comprise of Clearing members, HUF, Trust, IEPF, etc. BUSINESS-WISE UPDATE
Slide 83: Investors Contact
INVESTORS CONTACT Surabhi Chandna 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 64
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 constituent of Alcohol 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, grains, B-Heavy Multi-feed distillery molasses, C-Heavy molasses NGT National Green Tribunal O&M Operations & Maintenance OMC Oil Marketing Companies Potable alcohol Hig
Slide 88: Thank You
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Triveni Engineering & Industries — Q1 FY2024 Earnings Presentation on 6ix