Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q4 FY2018 Earnings Presentation
38 slides from Triveni Engineering and Industries's earnings presentation, 2018
Slide 1: Corporate Presentation
ENGINEERING & INDUSTRIES LTD. CORPORATE PRESENTATION
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure Triveni Group Triveni Engineering & Triveni Turbine Industries Ltd. Ltd. (TTL) (TEIL) TEIL holds 21.8% of the equity in TTL 50% plus one share Sugar GE Triveni Ltd. Sugar Co-generation Distillery Businesses (GETL) Businesses Business Business Triveni Triveni Turb
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies with total FY 18 gross revenue of INR 34.12 billion (USD 506.7 million) – Triveni Engineering & Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock Exchange Promoter driven, professionally managed co
Slide 4: Financial Performance – TEIL (Consolidated)
Financial Performance – TEIL (Consolidated) In ` million Q4 FY 18 Q4 FY 17 FY 18 FY 17 Gross Revenue 7348 9375 34124 29669 EBITDA (before exceptional items) (1077) 1792 2913 5487 EBIDTA Margin NM 19% 9% 18% Share of income from Associates 76 32 182 227 Profit / (Loss) Before Tax (1347) 482 1688 3021
Slide 5: Engineering Businesses
Engineering Businesses Triveni Gears Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of 70,000 rpm Triveni Water A leading player in the high technology water & wastewater management business 5
Slide 6: Engineering Businesses – Revenue Growth
Engineering Businesses – Revenue Growth 4000 3951 3500 3009 3000 2874 2734 2524 2500 ` in millions 2000 1500 1000 500 256 255 153 175 70 0 FY 12-14* FY 15 FY 16 FY 17 FY 18 Revenue PBIT Note: For FY 16, FY 17, & FY 18 revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12
Slide 7: Triveni Gears
Triveni Gears ENGINEERING & INDUSTRIES LTD.
Slide 8: Gears Business - Overview
Gears Business - Overview Design, manufacture and marketing of customised gears and gearboxes (both high speed and niche low speed gears) State-of-the-art design and manufacturing facility at Mysore conforming to international standards Triveni technology for high speed gear boxes upto 7.5 MW
Slide 9: Gears Business - Overview
Gears Business - Overview Strong presence Benchmarked to More than 21,500 MW in Replacement global quality and 8000 gearboxes in market practices and 5S operation A D E B C F Leading Turbo Gears Preferred partner Fully integrated company in India and to Domestic and plant with all SE Asia, market sh
Slide 10: Gears Business – Financial Performance
Gears Business – Financial Performance 1600 1421 1400 1199 1200 1118 1033 1000 922 ` in millions 800 600 397 400 292 292 314 180 200 0 FY 12-14* FY 15 FY 16# FY 17# FY 18# Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 – Mar 14 The business perfo
Slide 11: Triveni Water
ENGINEERING & INDUSTRIES LTD.
Slide 12: Water Business - Overview
Water Business - Overview Technology association with world’s leading technology providers for various products, process & solutions such as Ultra filtration (UF), Reverse Osmosis (RO), Moving Bed Bio Reactor (MBBR) etc. Over 2000 numbers of process equipment for water & waste water treatment ap
Slide 13: Water Business - Overview
Water Business - Overview Over 100 successfully operating Technology associations with the installations across various world’s leading technology segments – infrastructure, providers for various products, industrial and municipal processes and solutions A D B C Won many Water Approx. 8000 MLD of wa
Slide 14: Water Business – Financial Performance
Water Business – Financial Performance 3000 2530 2500 1976 2000 1812 1757 ` in millions 1500 1326 1000 500 -28 -37 -141 -139 -221 0 FY 12-14 (*) FY 15 FY 16# FY 17# FY 18# -500 Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 – Mar 14 Slow progress
Slide 15: Triveni Sugar
Triveni Sugar ENGINEERING & INDUSTRIES LTD.
Slide 16: Sugar Business
Sugar Business Sugar One of the largest sugar producers in India with seven sugar manufacturing facilities Co-generation Three grid connected co-generation plants and three incidental co-generation plants located across five sugar units. Distillery One of the largest single stream molasses based dis
Slide 17: Sugar Business – Industry Overview
Sugar Business – Industry Overview As against initial all India sugar production estimates of This subsidy will be transferred directly to the farmers of around 25 million tonnes, the estimates have been revised the mills that fulfill the criteria which should help in partially upwards several t
Slide 18: Sugar Business – Industry Overview
Sugar Business – Industry Overview International Sugar Market As per recent forecast, the global sugar production is In Centre-South Brazil, sugar production totaled 36.06 expected to rise by 13 million tonnes to a historic level of million tonnes in 2017-18, 1.21% more than total 185 million to
Slide 19: Sugar Business – Industry Overview
Sugar Business – Industry Overview (Figures in million tonnes) 2016-17 2017-18 2012-13 2013-14 2014-15 2015-16 (P) (E) Opening Stock as on 1st Oct. 6.6 9.3 7.5 9.1 7.75 3.9 Production during the Season 25.1 24.4 28.3 25.1 20.3 32.0 Imports 0.7 0.1 0.0 0.0 0.5 0.2 Total Availability 32.4 33.8 35.8 34
Slide 20: Sugar Business - Overview
Sugar Business - Overview Major facilities located in cane rich areas of Western Uttar Pradesh with more than 80% cane intensity – fertile and irrigated land Sugar cane catchment area for all sugar units under canal irrigation – both in Western & Central Uttar Pradesh - Lower dependency on monso
Slide 21: Sugar Business – Financial Performance
Sugar Business – Financial Performance (` in millions) 837 35000 100 29996 800.0 95 30000 640 90 26108 700.0 24930 25000 600.0 513 80 465 452 20000 500.0 16284 16405 400.0 70 71 15000 49 300.0 60 10000 200.0 49 43 50 3649 5000 100.0 1156 -1919 -1659 -282 0.0 40 0 2013-14 2014-15 2015-16 2016-17 2017
Slide 22: Co-generation Business - Overview
Co-generation Business - Overview Triveni presently operates grid connected three co- generation plants and three incidental co-generation plants located across five sugar units which facilitate export of surplus power to Uttar Pradesh Power Corporation Limited (UPPCL). Deoband and Khatauli co-g
Slide 23: Co-generation Business – Financial Performance
Co-generation Business – Financial Performance 3000 2657 2500 2152 ` in millions 2000 1826 1706 1568 1500 994 989 1000 780 694 658 500 0 FY 12-14 (*) FY 15 FY 16# FY 17# FY 18# Net Sales PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 – Mar 14 The operating
Slide 24: Distillery Business - Overview
Distillery Business - Overview One of the largest single stream molasses based distillery in the country located at Muzaffarnagar. Strategically located in close proximity to two of its largest sugar units - Khatauli and Deoband, the distillery procures consistent supply of captive raw material.
Slide 25: Distillery Business – Financial Performance
Distillery Business – Financial Performance 2500 2261 2000 1805 1679 1525 ` in millions 1500 1159 1000 737 437 466 500 287 267 0 FY 12-14 (*) FY 15 FY 16# FY 17# FY 18 # #revenue figures are including excise duty Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 The distillery remai
Slide 26: Slide 26
Slide 27: Triveni Turbines Factsheet
Triveni Turbines Factsheet Over 3000 steam turbines installed Over 12 GW power generation Presence in over 70 countries globally capacity One of the world’s largest Market leadership position in India, with Joint Venture with General Electric manufacturers of steam turbines up to around 60% market s
Slide 28: Global Footprint
Global Footprint CAGR of 17% in Exports sales in past 5 years
Slide 29: Reliable & Robust Steam Turbines
Reliable & Robust Steam Turbines Robust back-pressure and condensing steam turbines up to 100 MW that work across a wide range of pressure and flow applications Upto 30 MW Upto 100 MW Condensing Steam Turbines Condensing Steam Straight Condensing Type Turbines Extraction Condensing Type Uncontrolled
Slide 30: Industries & Applications
Industries & Applications Sugar Palm Oil Biomass Power Distillery Oil & Gas Cement Paper Textile Waste to Energy Food Chemical Steel IPP – Barge Mount Carbon Black District Heating
Slide 31: Infrastructure
Infrastructure State-of-the-art manufacturing facilities Latest design tools and software equipped to provide manufacturing of critical to deliver innovative solutions to components, assembly, testing and customers refurbishing services
Slide 32: Design & Development
Design & Development Continuous value engineering helps us to deliver products designed to meet customers’ requirements for economic installation and operation Innovative product development Strong design team supported by concepts such as design to cost, QFD, consultants and domain experts FMEA tec
Slide 33: Comprehensive Service Solutions
Comprehensive Service Solutions Highly Skilled Team Customised Total High Repeat Service OEM Expertise Customer Customers Solutions Satisfaction Orders Latest Equipment Service Offerings: • Full speed vacuum balancing tunnel for balancing turbines, compressors/alternators • Customization & upgradati
Slide 34: Financial Performance
Financial Performance 8000 30 7511 7446 7129 7000 6569 6255 23.4 25 23.8 24.0 6000 21.7 20.0 5083 20 19.4 5000 ` million 4000 15 (%) 3000 10 2000 1803 1567 1670 1356 1463 1014 5 1000 0 0 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 Net Sales PBT PBT Margins (%) Note: For FY 16, FY 17 & FY 18 consolidated num
Slide 35: Financial Performance
Financial Performance • Net Income from Operations at ` 7.5 billion • During FY 18, the mix of exports in total sales has • PAT at ` 960 million been 45%, while the same was 53% in the • Record annual order in-take – 17% growth over corresponding period of previous year. FY 17; Exports order booking
Slide 36: FY 18 Financial Performance (Consolidated)
FY 18 Financial Performance (Consolidated) ` in million Q4 FY 18 Q4 FY 17 % Change FY 18 FY 17 % Change Revenue from Operations (net) 2441 1829 33% 7511 7446 1% EBITDA 629 470 34% 1660 1954 -15% EBITDA Margin 26% 26% 22% 26% Depreciation & Amortisation 53 42 26% 191 148 29% PBIT 576 429 34% 1468 180
Slide 37: GE Triveni Ltd.
GE Triveni Ltd. • Triveni Turbine Ltd. formed a 50:50 Joint Venture • GETL recorded sales of ` 949 million with a Loss with a GE affiliate on 15th April 2010. GE Triveni Ltd. After Tax of ` 69 million (GETL) headquartered in Bengaluru, a subsidiary of • The joint venture received one order in Q4 FY
Slide 38: Contact for Investor Relations
Contact for Investor Relations CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 [email protected] Gavin Desa/ Rishab Brar Citigate Dewe Rogerson Tel: +91 22 66451237/1235 [email protected] / [email protected] ----------------------------
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