Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (June 2011)
33 slides from Triveni Engineering and Industries's investor presentation, June 2011
Slide 1: Triveni Engineering & Industries Ltd. Corporate Presentation - June 2011
Triveni Engineering & Industries Ltd. Corporate Presentation - June 2011
Slide 2: Triveni – Organization Structure
Triveni – Organization Structure 2 Triveni Triveni Engineering & TEIL holds 21.8% of the equity in TTL Industries Ltd. (TEIL) Triveni Turbine Ltd. (TTL) 50% plus one share GE Triveni Ltd. Engineering Sugar Business Business (JV with GE) Sugar Co-generation Distillery Gears Water & Waste Water
Slide 3: Triveni – Fact Sheet
Triveni – Fact Sheet 3 Two Independent companies – Triveni Engineering & Industries Ltd. Promoter Eminent and (Listed) driven, professionally independent Board Pan India Presence managed company of Directors and Triveni Turbine Ltd. (Under Listing Process)
Slide 4: Triveni Engineering & Industries Ltd. (TEIL)
4 Triveni Engineering & Industries Ltd. (TEIL) Triveni Engineering & Industries Ltd. (TEIL) Engineering Sugar Business Business
Slide 5: Engineering Business
Engineering Business 5 Gears Business Water Business • Largest manufacturer of • A leading player in the High speed gears & high technology water gear boxes in India & waste water business
Slide 6: Engineering Business - Pan India Presence
Engineering Business - Pan India Presence 6 Noida Mysore Corporate Office Manufacturing Facilities Water Treatment Projects
Slide 7: Engineering Business – Revenue Growth
Engineering Business – Revenue Growth 7 3000 2624 2500 2000 1730 ` in millions 1500 1437 1005 1000 588 500 321 0 FY05 FY06 FY07* FY08 FY09 FY10 Revenue FY07* - 12 months period from Oct 06 – Sep 07
Slide 8: Gear Business Group – Business Perspective
Gear Business Group – Business Perspective 8 Triveni is in the business of design, manufacture and marketing of customised gears and gearboxes. State of the art design and manufacturing facility at Mysore. Conforms to international standards such as DIN, API & AGMA - DIN 3 quality assured. A
Slide 9: Gear Business Group - Financial Performance
Gear Business Group - Financial Performance 9 1014 1000 CAGR 05 - 10 35 34 33 800 769 30 733 29 PBIT Margins (%) 605 25 ` in millions 600 24 450 400 20 345 239 17 220 244 200 13 15 146 76 31 0 10 FY05 FY 06 FY 07 (*) FY 08 FY 09 FY10 Net Sales (Rs. Million) PBIT (Rs. Million) PBIT Margins (%) FY07*
Slide 10: Water Industry – Potential To Grow
Water Industry – Potential To Grow 10 Rising Water Demand to double by 2025 from 2000 levels - Growth potential in coming years in both major segments – Municipal and Industrial Asian development bank & World Bank are actively promoting privatisation and commercialisation of water - through sect
Slide 11: Water Business Group - Business Perspective
Water Business Group - Business Perspective 11 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. One of the widest ranges of products & technologies of
Slide 12: Water Business Group - Financial Performance
Water Business Group - Financial Performance 12 1620 1610 17 16 1520 CAGR 05 - 10 16 1420 15 1320 15 1220 1120 14 997 13 1020 PBIT Margins (%) 920 ` in millions 820 12 11 720 668 620 520 9 400 420 320 7 219 220 148 7 138 105 120 82 46 5 22 20 -80 FY05 FY 06 FY 07 (*) FY 08 FY 09 FY 10 5 Net Sales PB
Slide 13: Sugar Business
Sugar Business 13 Sugar Business Co-generation Distillery Business Business • One of the largest • 68 MW of state of single stream • One of the largest the art co-generation molasses based sugar producers in facility; with one 22 distillery in the India – 61000 TCD MW plant having country with a cap
Slide 14: Sugar Industry Overview
Sugar Industry Overview 14 Global: As per preliminary estimates, sugar production in Brazil for 2010-11 expected to be below the initial estimates at 40 million tonnes due to unfavorable climatic conditions. Due to increasing volume of flexi fuel vehicles and higher oil prices, the utilization m
Slide 15: Domestic Production & Consumption of Sugar
Domestic Production & Consumption of Sugar 15 (Figures in million tonnes) 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 (Est) Opening Stock as on 1st Oct. 4.0 4.3* 11.0 10.4 4.4 5.0$ Production during the Season 19.3 28.3 26.3 14.5 18.9 24 Imports - - - 2.5 4.0** 0 Total Availability 23.3 32.6 37.
Slide 16: Sugar – Key Differentiators
Sugar – Key Differentiators 16 • Major facilities located in cane rich areas of Western Uttar Pradesh with more than 80% cane intensity – fertile and irrigated land Deoband Chandanpur (14,000 TCD) (6,000 TCD) • Sugar cane catchment area for all sugar units under canal irrigation – both in Western &
Slide 17: Sugar - Performance
Sugar - Performance 17 Sugar Season 2010-11 For 2010-11 season, Government has revised the levy obligation from 20% to 10%. SAP announced by UP Government was ` 205 per quintal for normal variety and Mills are currently paying SAP. Triveni’s seven sugar units put together crushed 4.56 million
Slide 18: Sugar Business – Co-generation Business
Sugar Business – Co-generation Business 18 68 MW of co-generation capacity; three plants in two 1467 1470 45 sugar units of Khatauli & Deoband. 41 1370 1339 40 Q2/H1 FY 2010-11: 1270 1174 1170 35 Achieved net sales of `1055 million while PBIT stood 1070 34 at ` 357 million with 34% PBIT margin dur
Slide 19: Sugar Business - Distillery Business
Sugar Business - Distillery Business 19 Integration of Sugar operation – value addition of by-product – molasses. 160 KLPD distillery, commissioned in April 2007, is one of the largest single stream molasses based distillery in the country and is located at Muzaffarnagar. Ideally located to us
Slide 20: H1 FY 11 Financial Results
H1 FY 11 Financial Results 20 Net Sales (` In Million) PBIT (` In Million) 1484 9122 (Overall) 10811 (Overall) 607 H1 FY 11 H1 FY 10 H1 FY 11 H1 FY 10 Revenue Composition PBIT (` In Million) (` In Million) 8973 8731 644 507 305 267 1383 1235 H1 FY 11 H1 FY 10 H1 FY 11 H1 FY 10 Sugar Engineering Suga
Slide 21: H1 FY 11 Financial Results
H1 FY 11 Financial Results 21 Net Turnover – Sugar Business PBIT – Sugar Business 7450 7205 (` In Million) (` In Million) H1 FY11 H1 FY10 357 357 H1 FY 11 H1 FY 10 219 67 83 67 1055 1072 469 455 Sugar Sugar Co-generation Distillery Co-generation Distillery Net Turnover – Engineering Business PBIT –
Slide 22: H1 FY 11 Financial Results
H1 FY 11 Financial Results 22 Order Book in Millions GBG WBG 4940 5385 2268 722 621 621 H1 FY 11 H1 FY 10 Sep FY 10
Slide 23: Triveni Turbine Ltd. (TTL)
23 Triveni Turbine Ltd. (TTL) Triveni Turbine Ltd. (TTL) 50% plus one share GE Triveni Ltd. (JV with GE)
Slide 24: Demerger of Steam Turbines Business into Triveni Turbine Limited (TTL)
Demerger of Steam Turbines Business into Triveni Turbine Limited (TTL) 24 Board of Directors approved the demerger of Turbine Business from Triveni Engg & Ind Ltd (TEIL) in March 2010. The demerged entity is Triveni Turbine Limited (―TTL‖) (formerly known as Triveni Retail Ventures Ltd.). The
Slide 25: TTL - Pan India Presence
TTL - Pan India Presence 25 Noida Naini Ahemdabad Raipur Kolkata Nagpur Latur Mumbai Pune Hyderabad Kolhapur Vijaywada Bengaluru Manufacturing Facility Marketing and Service Centres
Slide 26: Power Generation Market
Power Generation Market 26 Market Characteristics - Premium on shorter deliveries Purchase decision based on high levels of technology, efficiency & lower life cycle cost Price sensitive market Strong servicing capabilities and lifetime relationship with the customer is expected Robust des
Slide 27: Power Generation – Potential To Grow
Power Generation – Potential To Grow 27 Gap between power requirement and generation getting wide - Growing renewable energy market - Huge potential for Biomass based power generation Costly fuel source to influence replacement of DG to TG sets; thrust on co-generation Current industrial power
Slide 28: TTL - Business Perspective
TTL - Business Perspective 28 Cater to wide range of customers across segments like sugar, paper, co-gen, textiles, pharma, steel, IPP. Consistently upgrading the product range and efficiency. The current range of product up to 30MW. Manufacturing since 1968; over 2,500 turbines manufactured
Slide 29: TTL - Customer Care & Refurbishing
TTL - Customer Care & Refurbishing 29 Customer Care An extensive network of 13 Service centres. A strong team of 180 service professionals. Reaching the customer site within 24 hours of service call. Currently over 900 turbines serviced annually. Refurbishing Full speed vacuum balancing tu
Slide 30: Financial Performance - Steam Turbine Business
Financial Performance - Steam Turbine Business 30 5640 5500 CAGR 05 - 10 25 24 26 23 5092 5000 23 4752 21 4500 4639 4000 15 16 3500 PBIT Margins (%) ` in millions 3000 2780 9 11 2500 2000 6 1626 1500 1280 1304 1070 1156 1000 1 418 500 153 0 -4 FY 05 FY 06 FY 07* FY 08 FY 09 FY10 Net Sales PBIT PBIT
Slide 31: Performance – Steam Turbine Business
Performance – Steam Turbine Business 31 October – March 2010-11: Continue to enjoy market share of ~60% in upto 30 MW range. The unaudited financial results of the steam turbine business for the quarter and half year ended 31st March 2011 are given below: As on 31st March 2011 As on 31st March 2
Slide 32: Joint Venture with General Electric (GE)
Joint Venture with General Electric (GE) 32 Triveni formed a Joint Venture with GE for the turbine business on 15th April 2010. GE Triveni Ltd. (GETL) headquartered in Bengaluru, will design, manufacture, supply, sell and service advanced technology steam turbines in India in the range 30-100MW ra
Slide 33: Contact
Contact 33 CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 [email protected] Gavin Desa/ Rishab Barar Citigate Dewe Rogerson Tel: +91 22 66451238 [email protected] / [email protected] ----------------------------------------------------
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