Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q1 FY2022 Earnings Presentation
21 slides from Triveni Engineering and Industries's earnings presentation, Aug 14, 2021
Slide 1: Earnings Presentation: Q1 FY 22
Earnings Presentation: Q1 FY 22 August 2021
Slide 2: 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 3: Agenda
AGENDA ▪ ABOUT THE COMPANY ▪ INDUSTRY UPDATES ▪ OUR INITIATIVES ▪ SNAPSHOT ▪ KEY COMPANY HIGHLIGHTS ▪ FINANCIAL PERFORMANCE ▪ OUTLOOK 3
Slide 4: About the Company
ABOUT THE COMPANY TRIVENI ENGINEERING & INDUSTRIES LTD • An integrated and innovation-led conglomerate with diversified businesses in Agriculture and Engineering • One of the largest integrated sugar manufacturers of India • Market leader in engineering businesses spanning power transmission, water
Slide 5: Company Structure
COMPANY STRUCTURE Triveni Engineering & Industries Limited Agriculture Engineering Sugar Alcohol Power Water Transmission 5
Slide 6: Business Lines - Agriculture
BUSINESS LINES Agriculture 2 plants with capacity of 320 KLPD2 operating at One of the largest sugar manufacturers in India ~100% utilization with 7 FSSC 22000 certified plants in Uttar Sugar Pradesh 2 new plants (160 + 40 KLPD) being set up, taking Alcohol overall capacity to 520 KLPD by Q4 FY 22 B
Slide 7: Business Lines - Engineering
BUSINESS LINES Engineering Largest engineered to order turbo gear EPC solutions for water/wastewater treatment and manufacturer recycling of water, for industrial and municipal applications Integrated plant located in Karnataka Power Water with state of the art infra Transmission Business ~10,000 Mi
Slide 8: Industry Updates - Agri
INDUSTRY UPDATES - AGRI Sugar Business Alcohol Business • Total acreage under sugarcane estimated to grow 3% y-o-y in • During the marketing year (Dec 2020 – Nov 2021, Oil Marketing Sugar Season (SS) 2021-22 to 54.55 lakh hectares Companies (OMCs) have contracted quantity of 344 crore ltrs • Domesti
Slide 9: Industry Updates - Engineering
INDUSTRY UPDATES - ENGINEERING Power Water Transmission Business Business • Disruption in Q1 FY 22 due to non-supply of oxygen for • COVID-19 leading to delay in new enquiries as well as industrial purposes along with impact of second wave of finalization of orders COVID-19 • With water demand-suppl
Slide 10: Our Initiatives
OUR INITIATIVES SUGAR ALCOHOL • Extensive sugarcane development program • Enhancing Capacity: 160 KLPD at Milak • Aggressive sugar exports under MAEQ Narayanpur & 40 KLPD at Muzaffarnagar program of the Central Government by Q4 FY 22 and additional 140 KLPD • Active pursuit of variety substitution e
Slide 11: Snapshot
SNAPSHOT SUGAR ALCOHOL 8.54 Million Tonnes - Sugarcane Crush in SS 2020-21 937801 Tonnes - Sugar Production in SS 2020-21 26814 KL Production in Q1 FY 22 11.86% - Gross Recovery 27315 KL Sales in Q1 FY 22 10.98% - Net Recovery 53.98 /litre - Avg. Realisation in Q1 FY 22 214018 tonnes - despatches in
Slide 12: Key Company Highlights - Agri
KEY COMPANY HIGHLIGHTS - AGRI SUGAR ALCOHOL • Total production in Q1 FY 22 at par with last year • Stable sugar operations during the quarter while sale volumes grew by 9% y-o-y • Sugar revenue and segment profits are lower due to • In Q1 FY 22, the Company produced 75% Ethanol lower sugar sale volu
Slide 13: Key Company Highlights - Engineering
KEY COMPANY HIGHLIGHTS - ENGINEERING POWER TRANSMISSION WATER • Turnover for Q1 FY 22 improved as compared to last • The second wave of COVID-19, impacted the year due to better business conditions as witnessed in operations of the business in Q1 FY 22 due to the recent quarters precautionary steps
Slide 14: Financial Performance - Consolidated
FINANCIAL PERFORMANCE - CONSOLIDATED GROSS REVENUE PAT (Rs. Crore) (Rs. Crore) 1223.81 1111.46 92.3 83.75 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 14
Slide 15: Financial Performance – Agri
FINANCIAL PERFORMANCE – AGRI SUGAR GROSS REVENUE PBIT (Rs. Crore) (Rs. Crore) 1115.90 117.22 897.19 94.97 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 ALCOHOL GROSS REVENUE PBIT (Rs. Crore) (Rs. Crore) 34.54 227.56 25.83 124.08 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 15
Slide 16: Financial Performance - Engineering
FINANCIAL PERFORMANCE - ENGINEERING POWER GROSS REVENUE PBIT TRANSMISSION (Rs. Crore) (Rs. Crore) 28.27 8.24 17.89 1.93 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 WATER GROSS REVENUE PBIT (Rs. Crore) (Rs. Crore) 52.89 43.74 5.87 Q1 FY 21 Q1 FY 22 3.00 Q1 FY 21 Q1 FY 22 16
Slide 17: Consolidated Summary P&L
CONSOLIDATED SUMMARY P&L Rs Crore Q1 FY 22 Q1 FY 21 Change (%) Revenue from Operations (Gross) 1111.46 1223.81 (9%) Revenue from Operations (Net of excise duty) 1036.76 1223.81 (15%) EBITDA 153.22 160.02 (4%) EBITDA Margin (% of Net) 15% 13% Share of income from Associates 6.06 4.65 30% Profit Befor
Slide 18: Outlook - Agri
OUTLOOK - AGRI Sugar Alcohol Business Business • Positive outlook on production and recovery • Favourable Government policies such forwarding of Ethanol Blending Programme with 20% targets to 2025 augur well • Actively pursuing cane variety substitution programme to gradually reduce overdependence o
Slide 19: Outlook - Engineering
OUTLOOK - ENGINEERING Power Water Transmission Business Business • Positive outlook on both domestic and export markets due • Expect order finalization momentum to improve in to sharp economic recovery across geographies and coming quarters sectors • Overall project tendering likely to accelerate as
Slide 20: Investors Contact
INVESTORS CONTACT Surabhi Chandna Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 ir@trivenigroup.com www.trivenigroup.com Gavin Desa/ Rishab Brar Citigate Dewe Rogerson Tel: +91 22 66451237/1235 gavin@cdr-india.com / rishab@cdr-india.com 20
Slide 21: Thank You
— [riveni ENGINEERING & [INDUSTRIES LTD 21
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