Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (May 2006)
25 slides from Triveni Engineering and Industries's investor presentation, May 2006
Slide 1: Triveni Engineering & Industries Ltd. Presentation May 2006
Engineering & Industries Ltd. Presentation May 2006
Slide 2: Table of Contents
Table of Contents Introduction & Financial Overview Section I Sugar Business Section II Engineering Business Section III Vision Section IV 2
Slide 3: Introduction & Financial Overview
Introduction & Financial Overview
Slide 4: About Triveni
About Triveni Chandigarh Deoband Business Business Divisions Divisions Noida / Delhi Narainpur Khatauli Sabitgarh Raninagal Chandanpur Ramkola Sugar Sugar Naini Baroda Core business:: Sugar Core business Sugar Production Production Kolkata Other Businesses:: Other Businesses Latur Raipur Mumbai Co-g
Slide 5: Financial Performance FY 2006
Financial Performance FY 2006* Gross Gross Turnover Turnover EBITDA EBITDA (Rs. in Mn.) (Rs. in Mn.) 2,130.10 12,703.00 16,000.00 2,400.00 1,724.50 10,210.18 12,000.00 1,800.00 8,000.00 1,200.00 4,000.00 600.00 0.00 0.00 Gross Turnover EBITDA 2005 2006 2005 2006 z Gross turnover in fiscal 2006 is Rs
Slide 6: Financial Performance FY 2006
Financial Performance FY 2006* PBT PBT PAT PAT (Rs. in Mn.) (Rs. in Mn.) 1,611.80 1,315.00 2,000.00 1,600.00 1,241.00 995.20 1,600.00 1,200.00 1,200.00 800.00 800.00 400.00 400.00 0.00 0.00 Gross Turnover EBITDA 2005 2006 2005 2006 z PBT in fiscal 2006 is Rs. 1,611 mn, an increase of 30% over fiscal
Slide 7: Business Performance Review
Business Performance Review* REVENUE REVENUE ANALYSIS ANALYSIS FY FY 2005 2005 vs. vs. FY FY 2006* 2006* (Rs. in Mn.) Water 81.6 138.1 Gears 275.5 521.2 Co-generation 183.3 606.5 1,747.4 Steam Turbines 3,005.3 8,198.6 Sugar 9,314.4 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 FY 20
Slide 8: Business Performance Review
Business Performance Review* % % REVENUE REVENUE ANALYSIS ANALYSIS FY FY 2005 2005 vs. vs. FY FY 2006* 2006* (%) 0.8% Water 1.0% Gears 2.6% 3.8% Co-generation 1.7% 4.5% 16.7% Steam Turbines 22.1% 78.2% Sugar 68.6% 0 1 FY 2006 FY 2005 HIGHLIGHTS - z The engineering businesses (turbines, gears and wat
Slide 9: Sugar Business
Sugar Business
Slide 10: Global Sugar Scenario
Global Sugar Scenario z Current global stock/consumption ratio at 39% compared to last three years average of 42%, which was considered by most analysts as already low. z A widening 2005-2006 sugar deficit has pushed white ($472/tonne) and raw sugar (18.1 cents/lb) prices to decade highs. z Poor sug
Slide 11: Domestic Production & Consumption
Domestic Production & Consumption 2002 – 2003 – 2004 – 2005 – 2006 – 2007 – (MMT) 2003 2004 2005 2006 (P) 2007 (P) 2008 (P) Opening Stock 11.3 11.6 8.5 4.8 4.2 5.6 Production 20.2 14.0 12.7 19.0 23.0 24.0 Imports 0.0 0.4 2.1 0.0 0.0 0.0 Total Available 31.5 26.0 23.3 23.8 27.2 29.6 Local 18.3 17.3 1
Slide 12: Sugar – Production Overview
Sugar – Production Overview CURRENT POSITION z Among the 3 largest producers in India (2004-05) z The company currently has four sugar factories, Khatauli (West UP), Deoband (West UP), Sabitgarh (West UP) and Ramkola (East UP) EXPANSIONS z z Brownfield: Brownfield: z z Expansion Expansion of of crus
Slide 13: Sugar - Key Strengths
Sugar - Key Strengths z z Key Key presence presence in in Western Western Uttar Uttar Pradesh Pradesh Presence -- intensive intensive sugarcane sugarcane cultivation Presence in in the cultivation 1. Premier Premier Sugar the Sugar Belt Belt -- longer crushing season longer crushing season -- fertil
Slide 14: U.P. Government Incentive Policy
U.P. Government Incentive Policy Background: z The UP Sugar Policy recognises the need to attract new private mills because the Government sector and the Co-operative sector may not be able to put up these mills due to constraints of funds z To avail of such incentives, entrepreneurs must make a min
Slide 15: Sugar - Co-generation Business
Sugar - Co-generation Business z In order to de-risk its sugar business, Triveni has entered into the business of co-generation of power, with a 22MW power plant at Deoband and a 23MW power plant at Khatauli. The company also has 38MW of captive power generation capability apart from its installed c
Slide 16: Sugar - Triveni Khushali Bazaar
Sugar - Triveni Khushali Bazaar z Triveni have launched a chain of stores called “Triveni Khushali Bazaar”, for rural and semi urban customers through a low capital cost (leased) model. Operations commenced in February 2005 z Thirteen outlets in Uttar Pradesh currently and expanding at the rate of a
Slide 17: Engineering Business
Groat trough haderatip and Shera > Engineering Business
Slide 18: Power Generation – Future Market Overview
Power Generation – Future Market Overview ANNUAL ANNUAL MARKET MARKET FOR FOR TURBINES TURBINES BELOW BELOW 18 18 z z Conservative Conservative demand demand estimate estimate of of about about 950 950 MW MW per per annum. annum. MW z Triveni Triveni currently currently holds holds 65% 65% market ma
Slide 19: Engineering – Turbine Business Group
Engineering – Turbine Business Group z Triveni has been manufacturing small turbines since 1968 , over 1800 turbines manufactured and sold from 1972 to May 2006. The current range of the products is up to 18MW. z Service as a differentiator – Over 700 turbines serviced annually in the last three fis
Slide 20: Engineering – Turbine Business Group
Engineering – Turbine Business Group • Factory Factory capacity capacity prior prior to to Q3 Q3 of of FY FY 06 06 (Dec 2005): 330 (Dec 2005): 330 MW MW CAPACITY/ CAPACITY/ FACTORY FACTORY EXPANSION • Factory Factory capacity capacity post post Q3 Q3 FYFY 06 06 (Dec 2005): 660 (Dec 2005): 660 MW MW
Slide 21: Engineering - Gears Business
Engineering - Gears Business z Triveni is in the business of design, manufacture and marketing of gears and gearboxes with a capacity of up to 70.0 MW and speeds up to 50,000 rpm. z The range up to 7.5 MW is manufactured using own technology and the range above 7.5 MW is manufactured using technolog
Slide 22: Engineering - Water Business
Engineering - Water Business z Triveni has evolved from a turnkey operator to a mechanical equipment supplier in the water and wastewater business. z Market is increasing substantially in all areas- desalination, water reuse and decentralised solutions z z Over Over 20 20 years years of of experienc
Slide 23: Vision
Vision
Slide 24: Vision & Strategy
Vision & Strategy Our corporate vision is to: (a) maintain a Top 3 position in each of our businesses within the applicable market segment - The market segment for the Turbines business is the global market while for the sugar business it is India (b) create value and delight for our customers and s
Slide 25: Thank You
Thank You
Triveni Engineering & Industries — Investor Presentation (May 2006) on 6ix