Triveni Engineering And Industries Limited · NSE:TRIVENI
Triveni Engineering And Industries — H1 FY26 Earnings Presentation
92 slides from Triveni Engineering And Industries's earnings presentation, Nov 6, 2025
Slide 1: Cover letter to stock exchanges
,.z..p'VeR' · · '" +91 1204308100 lit +911204311010/11 ENGINEERING & INDUSTRIES LTD. ; www.trivenigroup.com REF'TEIL'SE' Date: 06th November, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-l, Block G Dalal Street, Fort, Bandra Kurla Complex, Ban
Slide 2: H1 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 H1 FY26 Consolidated Results end
Slide 3: Performance Highlights
Performance Highlights: ▪ Net turnover (Net of excise duty) for H1 FY 26 increased by 18%, supported by 21% increase in sugar and Allied businesses and 8% increase in engineering businesses. For Q2 FY26, Net turnover increased by 14%, supported by healthy double digit growth across both businesses.
Slide 4: Water business order booking and chairman comments
▪ The order booking of Water Business has not been as per the expectations, but we expect some traction in the subsequent quarters. Turnover and segment profits during H1 FY 26 are 19 % and 41% higher than the H1 FY 25. Commenting on the Company’s financial performance, Mr. Dhruv M. Sawhney, Chairma
Slide 5: Sugar business
Q2 / H1 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 located in the state of Uttar Pradesh of which seven sugar units are FSSC1 22000 certifi
Slide 6: Industry scenario – Domestic
• Substantial period of H1 FY26 and the entire Q2 FY 26 represent off-season period, and no manufacturing operations take place during this period. All expenses relating to such period have been expensed out. • Results include income of Rs 16.81 crores in sugar business resulting from upward revisio
Slide 7: Sugar price trend and Alcohol (Distillery) business
NY#11 & London#5 Price Trend From 1st, Oct'24 - 22nd, Oct'2025 640 24 23 600 22 21 560 20 19 520 18 480 17 16 440 15 14 400 13 11-Sep 15-Nov 30-Nov 15-Dec 30-Dec 13-Feb 28-Feb 26-Sep 14-Jan 29-Jan 14-Apr 29-Apr 12-Aug 27-Aug 15-Mar 30-Mar 01-Oct 16-Oct 31-Oct 14-May 29-May 13-Jul 28-Jul 11-Oct 13-Ju
Slide 8: Alcohol operational and financial details
Consolidated: Q2 FY 26 Q2 FY 25 Change % H1 FY 26 H1 FY 25 Change % Operational details Production (KL) 59,551 39,238 51.8 1,24,510 93,859 32.6 Sales (KL) 53,024 56,181 -5.6 1,15,358 96,807 19.2 Avg. Realisation (₹/ ltr) 63.3 64.1 -1.2 61.2 62.6 -2.2 IMIL Sales (Lakh Cases) 13.5 12.8 5.5 29.2 24.5 1
Slide 9: Power Transmission Business
Power Transmission Business Triveni Power Transmission Business (PTB) 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 Indian Navy. This business was founded in 1976 to meet the increasin
Slide 10: Power Transmission outlook and Water business
• During H1 FY26, we registered nine new customers in the product segment, including some of the marquee industry names. • The work in the upcoming defense facility is proceeding as per the plan and we target to inaugurate the facility in December 2025. • Triveni Power Transmission Limited (TPTL), a
Slide 11: Water business performance
Performance (Consolidated) Q2 FY 26 Q2 FY 25 Change % H1 FY 26 H1 FY 25 Change % Revenue (₹ crore) 54.4 40.0 35.8 108.7 91.1 19.3 PBIT (₹ crore) 2.2 3.2 -31.9 13.2 9.3 41.0 Orders Received (₹ crore) 22 449 -95 28 461 -94 Closing Order Book (₹ crore)* 1,520 1,726 -12 1,520 1,726 -12 * including long
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 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 Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: A-44, Hosiery Complex, Phase-Il Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201 301 CIN: L1542IUP1932PLC022174 Statement of Standalone Unaudited Financial Res
Slide 15: Standalone Segment Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Standalone Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended September 30, 2025 (~ in erores) 3 Months ended 6 Months ended Year ended 30jSepj2025 30flunj2025 3OjSepj2024 30jSepj2025 30jSepj2024 31/Marj2025 Pa
Slide 16: Standalone Statement of Assets and Liabilities
TRIVENI ENGINEERING & INDUSTRIES LIMITED Standalone Statement of Assets and Liabilities (" in crores) As at As at Particulars 30jSepj2025 31/Marj2025 (Unaudited) (Audited) ASSETS 1 Non-current assets (a) Property, plant and equipment 1846.27 1865.88 (b) Capital work-in-progress 80.76 31.02 (c) Inves
Slide 17: Standalone Statement of Cash Flows
TRIVENI ENGINEERING & INDUSTRIES LIMITED Standalone Statement of Cash Flows (~ in crores) 6 Months ended Year ended Particulars 30/Sep/2025 30/Sep/2024 31jMar/2025 I (Unaudited) (Unaudited) (Audited) Cash flows from operating activities Profit before tax 43.62 22.51 337.64 Adjustments for: Depreciat
Slide 18: Notes to Standalone Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Notes to the Standalone Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards (Tnd AS') notified
Slide 19: Consolidated Financial Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: AM, Hosiery Complex, Phase-Il Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201301 CrN: L15421UP1932PLC022174 Statement of Consolidated Unaudited Financial Resu
Slide 20: Consolidated Segment Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Consolidated Unaudited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half year ended September 30,2025 (f in crores) 3 Months ended 6 Months ended Year ended 30jSepj2025 30jJ unj2025 30jSepj2024 30jSepj2025 30jSepj2024 31jMar/2025
Slide 21: Consolidated Statement of Assets and Liabilities
TRIVENI ENGINEERING & INDUSTRIES LIMITED Consolidated Statement of Assets and Liabilities (~ in crores) As at As at Particulars 30/Sep/2025 31/Mar/2025 (Unaudited) (Audited) ASSETS 1 Non-current assets (a) Property, plant and equipment 2295.88 2319.79 (b) Capital work-in-progress 81.76 31.60 (c) Inv
Slide 22: Consolidated Statement of Cash Flows
TRIVENI ENGINEERING & INDUSTRIES LIMITED Consolidated Statement of Cash Flows (~ in crores) 6 Months ended Year ended Particulars 30/Sep/2025 30/Sep/2024 31jMar/2025 (Unaudited) (Unaudited) (Audited) Cash flows from operating activities Profit before tax 31.95 11.50 324.23 Adjustments for: Share of
Slide 23: Notes to Consolidated Results
TRIVENI ENGINEERING & INDUSTRIES LIMITED Notes to the Consolidated Unaudited Financial Results for the Quarter and Half Year ended September 30,2025 1. The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards (Tnd AS') notifie
Slide 24: Notes continued: Standalone summary
8. The standalone unaudited financial results of the Company are available on the Company's website (www.trivenigroup.com), website of BSE (www.bseindia.com) and NSE (www.nseindia.com). Summarised standalone financial performance of the Company is as under: (~ in crores) 3 Months ended 6 Months ende
Slide 25: Consolidated Financial Results summary
TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: A-44, Hosiery Complex, Phase-II Extension, Noida, Uttar Pradesh - 201305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201301 Website: www.trivenigroup.com CIN : L15421UP1932PLC022174 Statement of Conso
Slide 26: Investor Presentation Q2 FY26
INVESTOR PRESENTATION Q2 FY 26 Nov 2025 1
Slide 27: Contents
CONTENTS 03 COMPANY OVERVIEW RESTRUCTURING 08 OUR FINANCIAL 13 HIGHLIGHTS OUR BUSINESSES 22 59 SHAREHOLDING PATTERN 2
Slide 28: 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) ~ ₹ 8,308 Crore Alcohol/Distil
Slide 29: 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 30: Our Business-wise Outlook: Sugar
OUR BUSINESS-WISE OUTLOOK SUGAR • Overall Sugarcane crop position seems healthy for the upcoming Sugar Season (SS) 2025-26. • Our field surveys indicate a healthy crop with minimal pest or disease incidence to date. • These positive developments, coupled with our continued efforts in varietal substi
Slide 31: 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 had been subdued during the quarter, we have witnessed significant improvement in enquiry levels, in
Slide 32: 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 33: Restructuring
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Slide 34: 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 35: 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 36: 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 37: 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 38: Our Financial Highlights
OUR FINANCIAL HIGHLIGHTS
Slide 39: 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 40: 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 41: 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 42: 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 43: 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 44: Consolidated Financial Highlights Q2 FY26
CONSOLIDATED FINANCIAL HIGHLIGHTS Q2 FY 26 ₹ Crore Q2 FY 26 Q2 FY 25 Change % H1 FY26 H1FY25 Revenue from Operations (Gross) 2,014.5 1,748.3 15.2 3,968.9 3,282.4 Revenue from Operations 1,706.2 1,491.0 14.4 3,304.4 2,791.6 (Net of excise duty) EBITDA 86.7 18.3 373.2 163.2 115.4 EBITDA Margin 5.1% 1.
Slide 45: Our Businesses
OUR BUSINESSES
Slide 46: Sugar
SUGAR
Slide 47: 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 48: 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 49: Sugar Realisations Set to Strengthen
SUGAR REALISATIONS SET TO STRENGTHEN Triveni Sugar Realization (Domestic) (Rs./Qtl) 4,200 4,100 4,102 4,118 4,098 4,089 4,062 4,088 4,008 4,014 3,986 3,989 4,000 3,956 3,931 3,934 3,932 3,917 3,912 3,879 3,851 3,872 3,855 3,855 3,840 3,816 3,737 3,761 3,800 3,717 3,713 3,615 3,653 3,685 3,696 3,570
Slide 50: 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 51: Sugar: Volumes and Realisations Drive Topline Growth
SUGAR: VOLUMES AND REALISATIONS DRIVE TOPLINE GROWTH Sugar Dispatches (Tonnes) Average Realisation (₹/MT) +14.1% (Total) +5.1% +4.3% +14.6% (Total) 534421 468234 40583 40505 241048 276225 38620 38821 468234 534421 241048 276225 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26
Slide 52: Sugar: Profitability Impacted by Higher Costs
SUGAR: PROFITABILITY IMPACTED BY HIGHER COSTS ₹ Crore REVENUE PBIT +21.7% +65.0% 1.1 -12.4 +26.6% -4.8 2,384.1 -35.4 1,958.8 1,214.6 959.3 Q2 FY 25 Q2 FY 26 H1 FY 25 H2 FY 25 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 • Substantial period of H1 FY26 and the entire Q2 FY 26 represent off-season period, and
Slide 53: India Sugar Balance Sheet
INDIA SUGAR BALANCE SHEET: COMFORTABLE CLOSING STOCKS OF 5.8 MILLION TONNES FOR SS 2024-25 in million tonnes +2.0* +3.5* +3.2* 31.9 31.8 29.0 26.0 27.6 28.0 8.4 8.4 5.6 6.0 6.0 7.7 2.0 0.1 0.8 Opening Stock as Production Internal Exports Closing Stock as on on 1st Oct Consumption 30th Sep 2023-24 20
Slide 54: 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 55: Alcohol
ALCOHOL
Slide 56: 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 57: 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 24 FY 25 Average Realisation (₹/ ltr) IMIL Sales (Lakh Cases)
Slide 58: 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 59: 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 60: Alcohol: Increased Volumes Driven by Capacity Addition
ALCOHOL: INCREASED VOLUMES DRIVEN BY CAPACITY ADDITION Alcohol Production (KL) Alcohol Sales (KL) Avg. Realisation (₹/litre) +32.6% -1.2% +19.2% -2.2% +51.8% -5.6% 124510 115358 64.1 96807 63.3 93859 62.6 59,551 53,024 61.2 56,181 39,238 Q2 FY 25Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25Q2 FY 26 H1 FY 25 H
Slide 61: Alcohol: Profitability Impacted
ALCOHOL: PROFITABILITY IMPACTED ₹ Crore NET REVENUE* PBIT +17.7% +276.7% 825.3 701.1 -3.6% 50.3 412.1 397.2 27.7 -5.8 13.5 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 * Revenue net of excise duty • Registered significant improvement in the profitability on the back of cor
Slide 62: EBP Programme Driving Ethanol Demand
EBP PROGRAMME DRIVING ETHANOL DEMAND Ethanol Supplied (Cr. Litres) Contracted Quantity for ESY 2024-25 ➔ 1,132 19.2 1000 20.0 900 18.0 800 14.6 16.0 700 12.1 14.0 600 10.0 598.2 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 16 261 270 306.7 100 151 179 157 2.0 0
Slide 63: Power Transmission
POWER TRANSMISSION
Slide 64: 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 65: Power Transmission Business Highlights
POWER TRANSMISSION BUSINESS HIGHLIGHTS One of the Largest domestic market share One of the few companies Reliable aftermarket largest across OEMs & patronised by globally catering to AGMA services throughout the engineered-to- global OEMs across application & API standards and product life cycle at
Slide 66: 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 67: 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 68: Our Power Transmission Business Clientele
OUR POWER TRANSMISSION BUSINESS CLIENTELE Steam Turbines Gas Turbines Compressors Pumps Fans and Blowers Defence 43
Slide 69: Our Power Transmission Business Clientele
OUR POWER TRANSMISSION BUSINESS CLIENTELE Other Key Clients 44
Slide 70: 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 71: 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 72: 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 76 15.0% 185 60.0 154 64 10.0% 130 40.0 49 41 5
Slide 73: Power Transmission: Impacted by Postponement of Order Execution
POWER TRANSMISSION: IMPACTED BY POSTPONEMENT OF ORDER EXECUTION ₹ Crore REVENUE PBIT -8.2% -33.8% 54.8 18.2 50.3 12.0 Q1 FY 25 Q1 FY 26 Q1 FY 25 Q1 FY 26 • Revenue growth for the Q1 / H1 impacted by weaker demand momentum in the key segments like STG. • Despite a tough operating environment and afte
Slide 74: Power Transmission: Record Closing Order Book
POWER TRANSMISSION: RECORD CLOSING ORDER BOOK ₹ Crore ORDER BOOKING CLOSING ORDER BOOK +15.4% -18.1% -39.7% 207 398.0 169.6 345.0 141.5 85.4 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25 Q2 FY 26 • Order booking has been subdued during the quarter and the half year but based on our visibility and enq
Slide 75: 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. The existing capacity is ₹400 crore. GEARING Investments towards new bay (grinder/ hobber/ equipment) fo
Slide 76: Water Solutions
WATER SOLUTIONS
Slide 77: 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 78: 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 79: 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 80: Water: Healthy Closing Order Book
WATER: HEALTHY CLOSING ORDER BOOK ₹ Crore REVENUE PBIT CLOSING ORDER BOOK* +41.0% +19.3% +35.8% -12% 108.7 13.2 91.1 -31.9% 9.3 1726.0 54.4 40.0 1520.0 3.2 2.2 Q2 FY 25 Q2 FY H1 FY 25H1 FY 26 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 26 Q2 FY 25 Q2 FY 26 • The outstanding order book as on September 30, 20
Slide 81: Shareholding Pattern
SHAREHOLDING PATTERN
Slide 82: Shareholding Pattern
SHAREHOLDING PATTERN Foreign Portfolio Mutual Investors, 5.72% Funds + Resident Individuals, AIF, 2.02% 8.31% Promoter Group, 60.98% Corporate Bodies, 1.97% NRI, 20.22% Others, 0.79% Note: As at end of the quarter ending September 30, 2025. Others comprise of Clearing members, HUF, Trust, IEPF, Key
Slide 83: Annexures
ANNEXURES
Slide 84: 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 85: Rationale for Demerger of Power Transmission Business
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 86: 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 87: 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 88: 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 89: 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 90: 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 91: 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 92: Thank You
YOU
Triveni Engineering & Industries — H1 FY26 Earnings Presentation on 6ix