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, IS-16, Sector-16a N oida, U.P - 201 301 CIN : L1SA2lUm932PLC0MI74
Statement of Standalone Audited financial ResuJ ts for the Quarter and Year ended March 31, 2025
{T in crores, encept per ahare data)
3 Months ended | Year ended | |||||||
T843.29 | T548.00 | t54?’.52 | 6655.40 | 6149.t4 | ||||
TI.67 | 8.16 | TI.42 | 44.95 | 45.29 | ||||
J856.96 | 1566.16 | 1558.94 | 6700.35 | 619443 | ||||
3 Expenses | ||||||||
(a) Cost of materials consumed | 7982.67 | 1389.43 | 4082.25 | 3968.45 | ||||
(b) Purehascs of stock•in-trade | 7.8b | J6.63 | 27.08 | 57.09 | ||||
{‹1 Chanqcs in inventories of finished goods, stork-in-trade and work-in-piogrcss | (T026.84) | (533.4 | (J024.77) | (426.40) | ||||
(d) Excise duty on sale of goods | 295.99 | 33J.98 | 245.99 | |||||
(e) Employve benefits expense | I &.47 | J06.42 | 108.58 | 4t5.37 | 373.33 | |||
{f) Finance costs | 24.0j | 6.28 | 15.g4 | 67.80 | 46.96 | |||
{g) Depreciation and amortisation enpense | 30.86 | 30.W | 26.94 | 20.00 | T04.32 | |||
(h) Other expenses | J80.76 | t50.99 | 160.fl6 | 614.62 | 615.28 | |||
Tom I expenses | I6I7.78 | I490M | 1344.02 | 636iA | 5670.44 | |||
4 Pmfi3(loss) from continuing operations before ence ptional items and tax | 239.18 | 7R95 | 214.92 | 337.64 | 523.99 | |||
5 Excep tional items {net) - income/(expense} | ||||||||
6 Profit,f(loss} from continuing operations before tax | 239.t8 | 75.95 | 214.92 | 33';64 | 523.99 | |||
7 Tax expeuse | 52.02 308 | 74.75 14.47 | ||||||
| 52.59 | 16.88 2.38 | 12J.64 10.b3 | |||||
Total to expense | 64.14 | 55d0 | 89.22 | 13147 | ||||
S75.04 | 56.69 | 159.82 | 248.42 | 39152 | ||||
| ||||||||
12 Profit(loss) for the peered | 175.OA | 56.69 | 159.82 | 248.42 | 391.52 | |||
13 Other comprcderisive income | ||||||||
A (i) Items th a1 will not be rerlassified to profit or loss | (.22) | J0.62 | (6.56) | J 0.62 | ||||
A (ii) Income la x relating to items tha i w ill not be reclassified to profit or loss B (d) Items that o•ilI be reclassified to profi t or loss | (Q.31) 0.8Z | (I.oo) | 4.J0 0.18 | (0 92) (0.28) | ii0 0.83 | |||
B (ii) lncome tax rela ling to items tha t will be rerlassilied to profit or loss | (02 | 0.05 | (0.0 | 0.21 | ||||
0.20 | ||||||||
Other cootpre heris ive Eco me for the period, net of im | (0.29) | (0.76) | 9.65 | (5.85) | 1014 | |||
14 Total comprehe asive income for the period | 174.T5 | 55.93 | 26g.47 | 24Z57 | 40L66 | |||
5 Paid up equity sha re capital (face value T 1/-) i e Other equity 2 Earnings/(loss) per share of T I/ - each (not annualise d for the quarters)
| 2L89 | 2L89 | 23.89 | 2s.gg | 2L89 | |||
3U64.72 | 2869 2 | |||||||
8.00 | 2.59 | 7.30 | J7.89 | |||||
8.00 | 2.59 | 7.30 | 17.89 | |||||
See accompan g nntcs to the standalone ñnaricial resuIts
Noida ”
TRIVENI ENGINEEMNG & INDUSTRIES LIMITED
Standalone Audited regiment wise Revenue. BesutLs, Assets and Liobifit+es for the Quaker and Year ended March 3G, 88
3 Monks ended | Yeac ended | ||||||
I Segment Revenue
0(c) then | 985.97 | 874.06 | 927.ST | 380k90 | 3857.87 | ||
747.64 | 652.87 | 572.80 | 2585.96 | 2204.90 | |||
15Z6.93 | T500.31 | 63%.86 | W6iTT | ||||
T39.59 | 73.41 | 88.78 | 369.89 | 29T.8T | |||
93.66 | 49.18 | 65.72 | 233.38 | 244.07 | |||
233.ZS | )ZZ59 | 153.90 | 603.27 | s3s.88 | |||
S2.3* | 52.43 | 49.46 | 18111 | ||||
Tom1 Seginenl revenue | 20I%97 | 170195 | 7'191.93 | 6780.76 | |||
Less : Inter segment revenue | 17368 | 153.95 | 156q5 | 536.53 | 631.62 | ||
Total Revenue front operations | 184529 | 154900 | t54752 | 6655.40 | 6149.14 | ||
(a) Sugar & Allied Busineeees | |||||||
201.12 | 158.28 | 265.04 | 305.60 | ||||
24.01 | 4T.96 | 46.J4 | 80.86 | ||||
(b) Engineering businesses | 22S.13 | 200?4 | 31T.IB | 486.46 | |||
Power transwssion | 46.45 | 33.37 | 126.80 | 207.09 | |||
Water | t3.T6 | 10.80 | J5.53 | 3t.52 | |||
59.61 | 34.45 | 48.90 | 161.08 | G38.61 | |||
0.48 | (0.16) | a.as | 0.00 | (0.67j | |||
Total Seq nenl results | 95.10 | 249.Z2 | 624.40 | ||||
Less :
| 24.0t 22.03 | 6.28 12.87 | 1S.m | 67.80 66.82 | 46.96 53.45 | ||
Total f•rofit /{loss} before to | Z39.18 | 75.95 | 2Ts.92 | 337.64 | 52A99 | ||
3 Segmen* Acsete
| 3270.T9 | 225L57 | 3131.15 | 3270.19 | 313J.15 | ||
1T86.29 | 126160 | 1014.73 | T18629 | 10J4.73 | |||
4456.48 | J52S.17 | 41H.88 | 4456.48 | 4I4?88 | |||
372.66 | 309.46 | 226.42 | 37Z66 | 226.42 | |||
447.13 | 409.02 | 372d0 | 447.13 | Z??60 | |||
819.79 | 599.02 | 8t9.79 | 599.02 | ||||
9.47' | t093 | 1t.86 | 1)86 | ||||
Total Segment aaaets | 5285.74 | 4244.58 | 5285.74 | 4756.76 | |||
Add : Una1locabZe assets | 394.27 | 379.24 | 252.87 | 39t.27 | 252.87 | ||
Total Assets | 5680.OT | 462182 | 5680.0t | 50096J | |||
4 6egmenI Liabilities
| 324.06 | 40146 | 50284 | 324.06 | 302.84 | ||
9?'.63 | 12197 | 97.63 | 8J.45 | ||||
421.69 | 528.43 | 3M.29 | 421.69 | 384.29 | |||
103.93 | 78.65 | 103.93 | 73.06 | ||||
168.47 | 13362 | 152.?7 | 168.47 | 152.77 | |||
27Z40 | 21X25 | 225.83 | 2TZ40 | 225.83 | |||
2.59 | 2.28 | ||||||
Total Sega+eoT lbs btliltes | 696.37 | 738.05 | 6i2.51 | 696.37 | siisi | ||
Add : Unallocable Ziabilities | 1877.03 | 953.92 | 1505.72 | Js77. | 1605.72 | ||
Total Liabilities | Z573.40 | 1691.97 | 2JI8.23 | 2118.20 | |||
Noida %
TRIVENI ENGINEERING & INDUSTRIES LIMITED
Standalone Statement of Assets and Liabilities
(T in crores)
As at 3J/Mar/2025 (Audited) | As at 32/Mar/2024 (Audited) | ||
ASSETS | |||
l Non-c went assets | |||
(a) Property, plant and equipment | t865.88 | I50T.69 | |
(b) Capital work-in-progress | 3t02 | 225.70 | |
(c) Tnvestznent property | 375 | 4.42 | |
(d) Other intangible assets | 2.32 | 2.05 | |
(e) Financial assets | |||
(i) Investments | J49.32 | 102.51 | |
(ii) Trade receivables | 0.82 | 0.fl2 | |
(iii) Loa its | t57.59 | 29.04 | |
(iv) Other financial assets | 22.98 | 20.47 | |
(f) Other non-current assets | 35.6J | 45.35 | |
2 Cuzreot assets | zz69.29 | 1952.05 | |
(a) Inventories | 2564.57 | 24t9.94 | |
(b) Financial assets | |||
(i) Trade receivables | 51159 | 336.52 | |
(ii) Cash a nd cash equivalents | 32.3? | 71.11 | |
(iii) Bank balance other than cash and cash equivalents | 0.44 | 1.41 | |
(iv) Loans | 1.50 | 0.53 | |
(v) Other financial assets | 30.95 | ||
(c) Other current assets | 287.08 | 257d2 | |
3410.72 | 3077.58 | ||
TOTAL - ASSETS | 5680.01 | 5009.63 | |
EQUITY AND LIABILITIES EQMTY
LIABILITIES 1 Non-current liabilities
(h) Prov GSGOOS
2 Current liabilities
| 21.89 | 21.89 | |
3084.72 | 2869.51 | ||
3106.61 | 2891.40 | ||
240.22 | 171.24 | ||
8.13 | 7.57 | ||
1;'.92 | 15.40 | ||
t34.02 | t20.54 | ||
7.89 | J6.83 | ||
418.18 | 331.58 | ||
J448.89 | 1153.37 | ||
2.88 | 5.40 | ||
8.55 | 8.J | ||
395.05 | 348.23 | ||
94.53 | 88.73 | ||
145.22 | j25.j9 | ||
57.44 | 45.22 | ||
267 | t2.28 | ||
255.m | 1786.65 | ||
TOTAL- EQUITY AND LIABIMTIES | 5680.01 | 5009.63 |
Standalone Statement of C h nows
i20.00 100 (1.04) Q.19 {7.60) (0.%) 0.25 (1.1#) 0.35 (i ) (032) (1.11) 0.44 3.05 (0.28) (It.03) (0.06) 67'.80 Q44.41) (l7S.33) (030 (A2.41) 47.74 10.t5 20.22 13.52 | ||||
Adjuztmentc for: | ||||
depreciation and amortisation expense | 104.12 | |||
Bad debts wfiuen off - trade rereiv ables carri•d aI amor0sed cost | 1.57 | |||
Bad debt written off - otfier financinl assets carried at amortised cost Impairment loss aHo• ar ce em trade receivabie and other finzricii ass tried of revemals) | t.27 | |||
Bad debb written off - sort financial asTets | 0.24 | |||
Impa irment loss allowance on non financial assets {net of reversals) | (0.28) | |||
Proviioo for non movMg/obsoleir inventory {net of reversals} | 0.55 | |||
Loss on sale/ write off of inventory | O.t3 | |||
Net fair value (gains)/lossea on investments | 0.03 | |||
Mark-to-market (gains)/ losses on derivatives | 0.53 | |||
Credit balances written back | (4.60) | |||
(0.31) | ||||
Profit en sale of investment progeny | ||||
Unrealked (gains)/losses from changes in foreign exchange rates | (0.09) | |||
Loss on sale/write off/ inn pairment of property, plant and equipment | 0.53 | |||
Net (profit)/loss on safe/ redemption of invesbnenb | (0.70) | |||
Interest income | (18.62) | |||
Dividend income Finance cosh | 46.96 | |||
Working capital adjinsbnenis : | ||||
(424d0) | ||||
Change in trade receiv ables | 46.4t | |||
Change in other financial asseN | i.39 | |||
Dange in other assets | 32.16 | |||
Change in trade pay ables | (53.74) | |||
Change in other financial liabi)ities | (2.78j | |||
Dange in other liabilities | (30.44) | |||
change in pmvisions | (6.70] | |||
Inrome ix paid (nel) | ||||
153.70 | ioz.ss | |||
Purchase of property, plant and equipment and intangible assets | (286.01) | (356.56j | ||
Proceeds from sale of propert}', plant and equipment | 1.M | 0.96 | ||
Adva rice received against asseb heid for sale | 0.93 | |||
Invesbnents in subsidiaries and joint ventures | (2.50) | |||
lnvesbnents (other than subsidianñ and joint ventures) | (35.00) | |||
Proceeds Trem disposal/redemption of inveetmenb (ottier ftiari su bsid tarts and jolru vents res) | 047 | 0.21 | ||
Proceeds from she of investment property | ||||
(29.50) | ||||
Repayment of loan by enbaidiarice | 2.25 | |||
Decrease/(Increase) In deposits with banks | (0.37) | 0.33 | ||
Intermt received | ||||
dividend received | ||||
(454.66) | (37520 | |||
168.00 | J36.M | |||
Repzjrmenb of long term borrowings | (1t7.3/ | (t59.72j | ||
313.79 | 523.00 | |||
Interest paid (other than on lease liabilities) | (67.98) | (IB.?'2j | ||
(0.99) (5.92) | (1.26) (5.63) | |||
Dividend paid | (2KJ6) | (169.63) | ||
Net ccsh ingow/(ouMow) fzoe+ £?az+ctng acav iae¥ | Z6i1¥ | 274M | ||
Net increase/(decrease) in castn and casn equivalents | (38.79) | 2.16 | ||
Cash aod cmh eqn iva lents at the beglnnIng of ttie year | 68.95 | |||
32.32 |
Noida
The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards (‘Ind AS’) notified under section 133 of the Companies Act, 2013, Companies (Indian Accounting Standards) Rules, 2015 (as amended) and relevant guidelines issued by the Securities and Exchange Board of India (SEBI).
In view of the seasonality of the Sugar Business, the performance results may vary from quarter toquarter.
The Board at its meeting held on December 10, 2024 has, subject to necessary approvals, considered and approved a Composite Scheme of Arrangement amongst Triveni Engineering & Industries Limited (‘TEIL’), Sir Shadi Lal Enterprises Limited (‘SSLEL’) and Triveni Power Transmission Limited (‘TPTL’) and their respective shareholders and their respective creditors under Section 230 to 232 and other applicable provisions, if any, of the Companies Act, 2013 read with the rules made thereunder (the “Scheme”) for amalgamation of SSLEL into TEIL and demerger of Power Transmission Business (‘PTB’) of TEIL into TPTL. The approval/ no-objection of Stock Exchanges to the Scheme on the application filed by the Company is awaited.
The Board of Directors of the Company has recommended a final dividend of 250% (T 2.50 per equity share of the face value of Z 1 each) for the FY 2024-25, which is subject to the shareholder's approval in the ensuing annual general meeting.
The figures of the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto the third quarter of the respective financial year(s), which were subjected to a limited review by the Statutory Auditors of the Company.
The figures of the previous year under various heads have been regrouped to the extent necessary.
The above audited standalone financial results of the Company for the quarter and year ended March 31, 2025 have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 27, 2025. The results have been subjected to audit by the Statutory Auditors of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, who have issued an unmodified opinion on the same.
For Triveni Engineering & Industries Limited
Place Date
Noida
May 27, 2025
Dhruv M. Sawhney Chairman & Managing Director
TRIVENI ENGINEEGRIN & INDUSTMES LIMIWD
negd. Office : A-44, Hosiery Complea, Phase-11 Extension, Noida, Uttar Pradesh - 201 805 Corp. Office : 8ih Floor, Ezprees Tra de Towers, K16, Sector-l6A, Noida. U.P - 201 301 CIX : L1S421UP1932P£C0WI74
Statement of Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2025
(Y in crores, except per share data)
' . ' -; . | 3 Montha ended | Year er+ded | |||||
31/Mag2@Z5 ” '(Aizdited) .(refer note 7} | 31/De 024'
| 3 az/2024‘ {Audited) - {refer-note 7} | .31/Maz/20Z5 (Audited) ’ - '' | 3 az/2024 (Au diled) | |||
J925.28 9.25 | 1600.30 23.90 | 1548.12 15.US | 6807.94 67.64 | 6151.40 62.02 | |||
Total income | 1934.53 | $624.20 | 1563.67 | 6865.58 | 6213.42 | ||
(a) Cos t of ma terials com uzned | 2J73.82 | 1449.63 | 1788.85 | 4332.59 | 3968.45 | ||
(b) Purchases of stock-in-trade | 7.86 | 8.J4 | 16.63 | 27.08 | 57.09 | ||
(c) Changes in inventories of finished goods, stock-in-trade and work-in-progress | (1180.58) | (544.10) | (1024.7Z) | (227.06) | (426.10} | ||
(d) fixcise duty on sale of goods | 295.99 | 33J.98 | 245.99 | 1118.70 | 931.3J | ||
(e) Employee benefits expense | J31.38 | 14.16 | J08.96 | 438.52 | 374.81 | ||
(I'} Finance costs | 30.JI | 10.55 | 18.0J | 83.45 | US.50 | ||
(g) Depreciation an4 aznorIsa éon expense | 32.11 | 33.02 | 2b.94 | 126.16 | J04.IN | ||
(h) Other expenses | 188.69 | 163.38 | 166.86 | 642.00 | 619.44 | ||
Total expenses | 1679.38 | 1SG6.76 | 1347.47 | 6S47.44 | 5684.G1 | ||
exceptionaI iIeas and tax | ZSS.15 | 57.44 | 216.20 | 324.14 | 528.BT | ||
0.02 | 0.12 | 0.54 | 0.09 | 0.18 | |||
ZSS.IN | 57.56 | 216.?'4 | 324.23 | 528.99 | |||
57.56 | 2i6.74 | 324.U | 528.99 | ||||
9 Tax expense | |||||||
| 52.93 t5.T2 | t7.16 (2.t | 52.24 3.46 | 75.7'5 T0.22 | |||
To fat tax expense | 6805 | 14.99 | 5570 | 85.97 | 133.83 | ||
18La2 | 42.57 | 298.26 | 395.J 6 | ||||
11 F'rofit(loss) front discontinued oper afions Tax expense of disconfinued operafioris Profit/(loss) from discontinued operations (after tax) | |||||||
18Ki2 | 42.57 | 16104 | 208.K | 395.16 | |||
Profit/{loss) for the pefiod aItributable to : | |||||||
183.00 | 48.12 | I6L04 | 243d9 | 395.T6 | |||
(li) Non-controlling interest | 422 | (5.35) | (4.93) | ||||
F (i) Items thai All not be reclassified to profit or loss | (1.36) | (0.99) | 10.62 | (7.60) | 10.62 | ||
A (ii) Income tax rela fing to items that all not be reclassified to profit or loss | (0.5Z) | 1.TO | |||||
B (i) Items thai will be reclassified to prod t or loss | 0.81 | (T.00) | 0.i8 | (0.29) | 0.83 | ||
O.05 | (Q.O | ||||||
B (li) Income tax relating to items that all be reclassified to profit or loss | 0.39 | (0.44} | 0.21 | ||||
Other cornprehensive income for the period, net of tax | { | 965 | (6%4 | z0n4 | |||
either compreherisive inrome for line period, met of tax attributable to: (i) Owners of tlne Company {ii) Non-controlling inbteres | (0.34) (0.03) | (1.25) (0.30) | 9.65 | (6.34) (0.30) | I 0.I 4 | ||
186.75 | 41.02 | 170.69 | 231.62 | 40530 | |||
Total comprehensive income for the period attributable to: | 1Z0.69 | ||||||
| 182.66 4.09 | 46.87 (5.85) | 236.85 (5.23) | 405.30 | |||
›z Paid up equitv share capital (face vaiue Z 1/-) lg Earrings/(loss) per share of 7 1/- each (riot annualized for the quarters)
| 21.89 | 21.89 | 2L89 | 21.89 | 2T.89 | ||
3089.28 | 2879.02 | ||||||
8.55 | 1.94 | 7.36 | 10.88 | 18.05 | |||
8.55 | 1.94 | 7.36 | 10.88 | 18.05 | |||
TRIVENI ENGINEEEING R INDUSTRWS LIMITED
Consolidated Audited Segment wise Be•’enue, Reunite, Assets and Liabilities for the Quarter and Year ended March 31, '2035
3 Monthe en4e4 | Year ended | ||||||
3 az/20Z5 (Audited} (refer note | 3 ec/20z4 {Unaudited; | 31/Maz/2024 (Audited) {refer mete | 3J/M• *202S {x«dJ¥d) | 3t/M ‹;/2024 ‹•«aited) | |||
(a) Sugar & Allied Businesses Sugar Distillery (b} Engineering Busineaeea 'ower bansrnission Water (c) Others | 1078.69 | 929.50 | 927.5J | 3966.95 | 3857.87 | ||
'47.54 | 652.83 | 572.80 | 2592.19 | 2204.90 | |||
1826.23 | t582.33 | 1500.31 | 6559.14 | 6062.?7 | |||
139.59 | 73.41 | 88.18 | 369.89 | 291.81 | |||
94.02 | 49.12 | 66.32 | 234.23 | 246.33 | |||
233.61 | t5s.50 | 60d.12 | 538.14 | ||||
S2.t1 | 52.43 | 49.46 | t99.80 | ||||
Total Segment rev ence | 21i1.95 | 1704.2T | 67B3.0z | ||||
Less : Inter segment revenue | 186.67 | 156.99 | T56.l5 | 555.22 | 63T.6t | ||
Total Revenue from operations | 192528 | t60030 | 1548.12 | 6807.9d | |||
2 Sequent Results (a} Sugsr H Allied Businesses Distillery (b) sn@neering Bueinessee Power Transmission Waler (c) | 223.S8 | 4183 | 158.28 | 266.50 | 305.60 | ||
23.34 | 2.84 | 4L96 | 39.67 | 180.86 | |||
246.92 | 44.67 | 20g24 | 306.17 | 486.46 | |||
46.45 | 23.65 | 33.37 | 126.80 | t07.09 | |||
1).07 | TO.37 | 15.58 | 32.78 | ||||
59.52 | 34.02 | 48.95 | 159.58 | ||||
0.48 | (O.16) | 0.08 | (0.00) | (0.67) | |||
Total Segment rosette | 30692 | 249.2?' | 465.N | 624.29 | |||
(i) Finance costs | 30.11 | 18.01 | 83.45 | 55.50 | |||
(ii) Share of (profit)/1oss of joint ›'entures | (0.02) | (0.12) | (0.54) | (0.09) | (0.t8) | ||
(iii) Other unallocable expenditure neI of unallocable income | 21.66 | 20.54 | 1506 | 58.16 | 39.98 | ||
Total Profit,/(load) before tax | 2$5.17 | 57.56 | 216.74 | 324.23 | 528.9g | ||
(Q S vr6Al1ivdBuAn„a Sugar DWWeq {b} Engineering Busineseeo fi'ower mar+sarissiori Wa ter (c) Owners | 3738.57 1358.35 | 2320.47 13J8.84 | 3J31.15 1014.73 | 3738.57 J3S8.3S | 3131.15 1014.73 | ||
5096.92 | 3639.31 | 4145.88 | 5096.92 | 4£4S.88 | |||
372.66 617.01 | 309.46 576.T4 | 226.t2 348.0t | 372.66 617.01 | 226.42 348.0J | |||
9.48 | 10.93 | 11.86 | 11.86 | ||||
Total Segment assets | 6096.07 | 453S.84 | 60W.0z | 4732.I/ | |||
Add : Unaltocable assets | 14610 | 425.08 | 386.14 | 14610 | 386d4 | ||
Total Assets | 6242?7 | 4960.92 | 62AZd7 | 51d8.J1 | |||
(a) Sugar & Allied Businesses | |||||||
Sugar | 52372 | 59J.23 | 302.84 | 5%72 | 302.84 | ||
Distillery | 11476 | 140.47 | BE.t5 | JT4.76 | 81.45 | ||
(b) Engineering Businesses | 638.48 | 73G.70 | 384.29 | 638.48 | 384.29 | ||
'ower transrr+ission | T03.93 | 78.63 | 73.06 | 103.P3 | 73.06 | ||
Water | T82.42 | 147.64 | 167.34 | 182.42 | J67.34 | ||
ZB6.35 | 226.27 | 240.40 | 286.D | 240.40 | |||
(c) Others | 2.28 | 2.37 | 2.39 | 2.28 | 2.39 | ||
Total Segment liabilities | 927.1I | 960.34 | 627.08 | 927i1 | 62708 | ||
Add : Unallocable liabilities | 2155.44 | J157.53 | 1590.32 | 2153.44 | 159032 | ||
Total LiabiIities | 30B2.55 | 21Z '.87 | 2217.40 | 3082.55 | 22lK40 | ||
TRIVENI ENGINEERING & INDUSTRIES LIMITED
%
Consolidated Statement of Assete and Liabilities
3t/Mar/202S | 3 az/2024 | |||
(Aedited) | (Audited) | |||
ASSETS | 2319.79 31.60 11.30 0.68 2.40 2.77 7.02 J49.73 0.09 23.12 33.29 38.35 | |||
(a) Property, plant and eguipznerit | J501.69 | |||
{b) Capital u’ork-in-progress | 225.70 | |||
(c) Investment property | 12.14 | |||
(d) GoodwiI | 0.68 | |||
(e) Other intangible assets | 2.05 | |||
(9 Investments accounted for using equity method | 2.68 | |||
(g) financial assets | ||||
(i) Investments | 52.47 | |||
(ii) Trade receivables | J61.07 | |||
(' ) Loans | 0.04 | |||
(iv) Other financial assets | 22.48 | |||
(h) Deferred tax assets (net) | 0.38 | |||
(i) Other non-current assets | 47.47 | |||
2620.13 | 2028.85 | |||
2 Cement aseets | ||||
(a) Inventories | 2737.8J | 2419.94 | ||
(b) Financial assets | ||||
(i) Trade receivables | 519.8J | 34470 | ||
(ii) Cash and cash equivalents | 46.08 | 76.40 | ||
(iii) Bank balance other than cash and cash equivalents | 8.65 | |||
(iv) Loans | 0.50 | 0.53 | ||
(v) Other financial assets | 16.59 | 15.99 | ||
(c) Other current assets | 292.60 | 230.46 | ||
3622.04 | 3089.46 | |||
TOTAL-AS$MS | 6242.17 | @18.3l | ||
EQUITY AND LI ABILITIES | ||||
E9UITY | ||||
(a) Equip share capital | 27.89 | 21.89 | ||
(b) Other equity | 3089.28 | 2879.02 | ||
Equity attributable to oumers of the Company | 3TM.17 | 2900.91 | ||
Non-controlling interests | 48.45 | |||
3IS9.62 | 2900.91 | |||
LIA BILITIES | ||||
(a) Financial liabilities | ||||
397.27 | 248.79 | |||
(ii) lease liabilities | 8d3 | 7.57 | ||
(b) Provisions | 29.85 | TS.39 | ||
(c) Deferred in liabilities (net) | 134.76 | t2J.22 | ||
(d) Other non-current liabilifies | 30ñ4 | 30.09 | ||
600.15 | 423.06 | |||
(a) Financial liabififies | ||||
T57I.Z6 | 1162d7 | |||
(ii) MaseLbGbes | 2.88 | 540 | ||
( ) Trad payaMes | ||||
- total outstanding dues of micro eoterg fees and so+all enterpztses | 8.55 | 8.23 | ||
- total outstanding dues ot creditors ofhe fhan micro eotergrtses and sznaJJ enterprises | 550.99 | 348,31 | ||
(iv) Other financial fiabitities | 1tt.75 | 85.74 | ||
{b) Other current ñabitities | 150.09 | J26.98 | ||
(c) Provision+s | 83.50 | t5.22 | ||
(d) Current tax habitiaes (neI) | 2.88 | t2.29 | ||
2A8£40 | T794.34 | |||
TOTAL- EQUITY AND LIABILITIES | 6242.17 | 5ST8.31 | Noida | |
Consolidated Statement of Cash Flows
-Year ende.d 3I•I•faz-2025 | .- Year ended ..31-Maz-Z024 | |||||
Profit before to Adjustments for : Share of net (profit)/ loss of joint venture accounted for using the equity' method Depreciation and amor tisalion expense Bad debls written off - Irode receivables carried at amortised cost Bad debts written off - of her financial assets carried at amortised cosl Innpairment loss aIIow ance on trade receivables and other financial asse1s (net of reversals) Bad debts written off - non financial asse1s Impairment loss allowance on non financial assets (ref of reversals) Provision for sort moving/ obsolete inventory (neI of reversals) Loss on sale/write off of inventory Set fair value (gains)/losses on inves tments Ma rtt-to-markeI (gains)/ losses on derivatives Credit bat aaces wriIIen baclt Pmfit on disposa1 of investrident property Uurea lised (gains)/ losses from changes in foreign exchange rates Loss on sale/ write off/ innpairmenl of property, plani and equipment Net (profit)/loss on sale/ redempiion of investments Interest income Dividend income Working capital adjustment : Change in inventories Change in tcade receivables Change in other asseis Change in trade payables Change in other financial liabilities | 324.2Z (Q.0P) 26.16 0.89 0.11 (1.04) 0.0T (7.56) 0.27 0.29 (I.y8) 0.35 (1.57} (1.59) 0.44 3.38 (0.M) (24.t2) (0.06) 83.45 (289.Z2j (t59.90j 2.07 (49.45j (65.42) 4.25 | 528.99 (0,t8) 104.11 1.57 0.JI 1.27 0.24 (0.28) 0.55 0.11 0.03 0.53 (4.60) (0.09) 0.53 (0.10) (35.70} (0.Q 55.50 (424d0 54.33 3.20 26.38 53.74 (278 (31i3 | ||||
Cash generated free(used in) oper•iions | (W.70 | 216.98 | ||||
Income to paid {net) | (82.66 | (1673 | ||||
(106.36 | 100.ZS | |||||
Cash flows frem investing activities Ptircluse of property', plant and eqn ipment and intangible assets Proceeds from saIe of property, plant and eqn ipmenl Advance received against assets held for sale Investments in subsidiaries and joint ventures Investments (other that sut›sid iaries and joint ventures) Proceeds from disposal/ redemption of invesirrienis (other than subsidiaries ana joint ventures) Pu rrfiase of investment property Proceeds from saie of investment property decrease/ (increase) in deposits with banks lnleresI received Dividends received | (299.5{ 1.74 1.05 (44.84) 0.47 1.90 24.32 0.06 | (356.56) 0.96 (2.50) (35.00) 0.21 (0.04) 0.45 33.22 O.OT | ||||
Set cash inflow/(outflow) from investing activities | (323.38 | |||||
Cash flows frem financing •cIivilits Proceeds from long term borrow ings Repayments of long term borrowings Increase/(decrease) in short term borrowings Interest paid (other than on lease liabilities) Payment of lease liabilities {interest portion) Payment of lease tiabiliiies {principal portion) Acquisifion of non-controlling interests Buy-back costs Dividend paid | 21.11 4â6.04 (82.36) (R99) (S.9Z) (0.00) (27.3Zj | J42.29 (168.08) SM.00 (57.26) (y.26) (5.63) (0.08) (169.65) | ||||
Net cash inflow/(outgow) from financing arfiviHes | 394.80 | 26J33 | ||||
Net inc rease/ {decrease) in cash and cash equivalents Cash and cash equivalen Is aI the begruining of the year Cash and cash equivalents aI the acquisition date of su bsidia ry | (ZA.94) 76.40 4.62 | 4.39 72.01 | ||||
Cash •rtfi costs equip ments at ihe end of the ytar | 46.08 | 76.40 |
= Noida "e
TRIVENI ENGINEERING & INDUSTRIES LIMITED
Notes to the Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2025
The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards (‘Ind AS’) notified under section 133 of the Companies Act, 2013, Companies (Indian Accounting Standards) Rules, 2015 (as amended) and relevant guidelines issued by the Securities and Exchange Board of India (SEBI).
In view of the seasonality of the Sugar Business, the performance results may vary from quarter to quarter.
The Company had during the previous year acquired 25.43% paid-up equity share capital of Sir Shadi Lal Enterprises Limited ('SSLEL') from certain members of the promoter group of SSLEL, under a share purchase agreement dated January 30, 2024. During the current year, the Company has further acquired 36.34% paid up equity share capital of SSLEL on June 20, 2024 front the balance members of the Promoter group under a share purchase agreement and also completed an open offer for acquisition of up to 26% voting share capital of SSLEL in compliance with applicable laws including SEBI (SAST) Regulations 2011. The Company now cumulatively holds 61.77 % of the total shareholding of SSLEL and SSLEL has become a subsidiary of the Compan) w.e.f. June 20, 2024. Accordingly, as per Ind AS 103 ”Business Combinations”, the identified assets and liabilities of SSLEL as on June 20, 2024 have been consolidated at their respective fair values based upon the valuation reports obtained lion registered valuers. Consequent thereto, a capital reserve to the extent of I 0.78 crore, being the excess of fair values of net assets acquired over the fair value of the consideration paid, has been recognised by the Company.
the above financial results include the results of SSLEL for the period from June 21, 2024 to March 31, 2025 (i.e., for the period post becoming a subsidiary of the Company) and resultantly, the figures for the current periods are not comparable with previous periods.
The Board at its meeting held on December 10, 2024 has, subject to necessary approvals, considered and approved a Composite Scheme of Arrangement amongst Triveni Engineering & Industries Limited (’TEIL’), Sir Shadi Lal Enterprises Limited (‘SSLED’) and Triveni Power Transmission Limited (‘TPTL’) and their respective shareholders and their respective creditors under Section 230 to 232 and other applicable provisions, if any, of the Companies Act, 2013 read with the rules made thereunder (the ”Scheme”) for amalgamation of SSLEL into TEIL and demerger of Power Transmission Business (’PTB’) of TEIL into TPTL. The approval/ no-objection of Stock Exchanges to the Scheme on the application filed by the Company is awaited.
The Board of Directors of the Company has recommended a final dividend of 250% (I 2.50 per equity share of the face value of 1 1 each) for the FY 2024-25, which is subject to the shareholder's approval in the ensuing annual general meeting.
The standalone audited financial results of the Company are available on the Company's website (https://www.trivenigroup.com), website of BSE (https://www.bseindia.com) and NSE (https://www.nseindia.com). Summarised standalone financial performance of the Company is as under
(I in crores)
Particulars
Incomefomopeafons Wzoñ /@oss) beforc {ax
(at ter exce bonal items)
Profit/(loss) alter tax (alter exceptional items)
31/ Mar/ 2025 (Audited) refer note 1845.29
239.18
175.04
3 Months ended
3J/Dec/2024 (Unaudited)
1548.00
75.95
56.69
S2/ Mar/ 2024 (Audited) refer note
1547.52
214.92
159.82
Year
31/Mar/2025 (Audited)
6655.40
337.64
248.42
ended
31/Mar/2024 (Audited)
6J49.14
523.99
39J.52
Total comprehensive
income
174.75
55.93
169.47
242.57
401.66
.
“<
The figures of the quarter ended March 34, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial ) ear and the published unaudited year to date figures upto the third quarter of the respective financial year(s), which were subjected to a limited review b tory Auditors of the Company. y+ 9p'
The figures of the previous year under various heads have been regrouped to the extent necessary.
The above audited consolidated financial results of the Company for the quarter and year ended March 31, 2025 have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 27, 2025. The results have been subjected to audit by the Statutory Auditors of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, who have issued as unmodified opinion on the same.
For Triveni Engineering & Industries Limited
Place : Noida
Date : May 27, 2025
Dhruv M. Sawhney Chairman & Managing Director
TRIVENI ENGINEERING & INDUSTRIES LIMITED
Regd. Office : A-44, Hosiery Complex, i•hase•ll Extension, Noida, Uttar Pradesh - 2H SOA Corp. Office : 8th Floor, Express Trade Towers, 1â-16, Sector-l6A, Noida, U.P • 2m 301 Website : https://www.Tvenigroup.rozn
CIN: L15t21UI’1932T'LC022174
Stateateztt of C'ongoTidated Audited FtnaneiC ResuTta for the Quad ter md Year ended March 37, 20Z5
(8 io aores, excegt get shai e daIa]
3 Montfis errded | ||||||
3t/Mcz/202S (ñ udited) | 3 az/Z024 (Audited) | |||||
Total Income frooi operadons | 1925.28 | 1548.12 | ||||
Ket Profit/(loss) for be period {before tax and Exceptional items) | 255.17 | 216.74 | ||||
Tet fi’rofit/{loss) for the period before cx (after Excepñonal items) | 255.J7 | 216.74 | 32423 | 52&99 | ||
]• let 'roAt/(locs) for the per od after ix (after Excepbonzt ilea+s) | 787.72 | 76T.04 | 2J8.26 | 39o16 | ||
Total comprehmive mccme for the period [Wmprising Profit/ Joes) for the period (a£+nr tax) and other comprehensive inenet e (a£ter tax}] | J86.75 | t70.69 | 2ZL62 | 40030 | ||
Equity share eapitaI | 21.89 | 21.89 | 2t.69 | 2t .89 | ||
Other eguiq/ | 3089.?8 | 2679.02 | ||||
Earn ings/ (laws) per ska re of 7 I/- each (not annualized for the quarters) | ||||||
(a) Basic (in T) ‹v; ua «a ‹in q | 8.55 | 7.36 7.36 | TO.88 T0.88 | 18.05 | ||
$umma rised Standalone In dited Finnrrcial Per£orma ace of tfie Compa ny is as under :
3 Monthe ended
Tofal lncoo e from operanons
ProfiI/{loss) before ix (after excepnonat flees)
'rofiI/ gw) aher (a fter exceptfimal ilea) Tolat comprehensive drove
wees.zg 239.IB T75.04 2'7'4.?5
{Audtte d) (A odited}
1ss7.52 6655.40 6149.1-I
214.92 337.64 523.99
T59.82 248.42 391.52
T6g.47 242.57 40J.66
The above firiancisI resu Its include the resuIts of Sir Shadi Lal Enterprises Lim ited £or the period I rom June 21. 2024 to h4arch 31, 20a (i.e., for It c period J›ost becoming a su bsidia ry of the Company) and resulta ntly, the figii res for the en rrent periods arc not compara ble i•'ith prey ion.s
The 8oard at its mccfing tield on December 10, 2024 has, subjeci to neressa ry a pprovals, considered and approved a Com pt›si re Srhem of Arrangement amongsl Trivc ni Engineering b Indicslries Limited {’TO-IL’), Sir Shadi Lal Enter prises Limited (’F'SLPL‘} arJd Ttieeni Poi er Transmission Limited (‘TPTL’) and their respective smrehHders and their respite ered itr m unctcr W iinn TO to 93* and o'Hncr • ppI'c• bIe provisions, if any, of the Colepaties Act. 2O13 rea‹:I wit-h the rules glade thereunder (the “Jh e”) for ama Igama fion or ssLrc inie i FiL anal demerger of Power Transmission Businm (’£'TB9 o£ TO-L into TR£L. 'Ffie approval/ no-objection of SioExchainqcs to the $cbemc on the a pplira hon filed by the Company is ai›•aited.
The a bow i• •n o teaci of the detailed tornat of Financial nm uIts for the quarter and year ended Ma rch 31. 2025 filed with the Siock Ezcha nqcs under neguleaon 33 of the SEBI PDR) Regu lafioris, 2015. The full format of the Financial nesuIts for the qu a rter ond year ended Nlarch 31, *025
The board of Directors of the Company W recommended a final d iv idend of 2S0L { 1 2. '0 per equity share of the face value of 7 4 each) for tJ iv Fâ’
2024-23, which i4 subject to the shareholder's approval in the emuing annual general mating.
for Triveni in girteerin g H Ind ustries him i1e‹1
Pare : Noida
Dhru v M. Sa wh new'