Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q4 FY13 Earnings Presentation
33 slides from Triveni Engineering and Industries's earnings presentation, November 2013
Slide 1: Corporate Presentation Q4 FY13 / 12M FY13
Triveni Engineering & Industries Ltd. CORPORATE PRESENTATION Q4 FY13/12M FY13(#) (#) Extension of current financial year 2012-13 ending on September 30. 2013 by a period of six months so as to end on March 31, 2014 and accordingly the said financial year shall be for a period of 18 months, beginning
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure TEIL holds 21.8% of the equity in TTL 50% plus one share 2
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies – Triveni Engineering is one amongst the largest Triveni Engineering & Industries Ltd. integrated sugar manufacturers in India and and Triveni Turbine Ltd. the market leader in its engineering businesses comprising high speed gears, gearb
Slide 4: Triveni Engineering & Industries Ltd. (TEIL)
Triveni Engineering & Industries Ltd. (TEIL) 4
Slide 5: Engineering Business – Pan India Presence
Engineering Business – Pan India Presence GEARS BUSINESS - MYSORE Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of 70,000 Noida rpm Engineering Business WATER BUSINESS – NOIDA A leading player in Corporate Office the high Mysore technology water Manufacturing Facilitie
Slide 6: Engineering Business – Revenue Growth
Engineering Business – Revenue Growth 3500 CAGR 07*-12 3068 3000 SALES – 22% 2736 2625 2500 PBIT – 17% 2000 ` in millions 1730 1500 1437 1006 1000 651 565 500 325 392 423 192 0 FY07* FY08 FY09 FY10 FY11 FY12 Revenue PBIT FY07* - 12 months period from Oct 06 – Sep 07 6
Slide 7: Gears Business Group – Business Perspective
Gears Business Group – Business Perspective Triveni is in the business of design, manufacture and marketing of customised gears and gearboxes (both high speed and niche low speed gears) having a state-of-the-art design and manufacturing facility at Mysore conforming to international standards. A
Slide 8: Gears Business Group – Financial Performance
Gears Business Group – Financial Performance In spite of overall economic and industrial CAGR 07*-12 1202 slow down which resulted in deferment of 1200 SALES – 12% 34 35 35 delivery etc., the business achieved a growth 1043 PBIT – 16% 33 1014 of 12% in turnover during Q4 FY13 which 1000 enabled th
Slide 9: Water Industry – Potential To Grow
Water Industry – Potential To Grow Rising Water Demand to double by 2025 from 2000 levels - Growth potential in coming years in both major segments – Municipal and Industrial. Multi-lateral funding actively promoting privatisation and commercialisation of water. Jawaharlal Nehru National Urban
Slide 10: Water Business – Business Perspective
Water Business – Business Perspective 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 offered in
Slide 11: Water Business – Financial Performance
Water Business – Financial Performance CAGR 07*-12 The turnover & profitability for the twelve months SALES – 33% 1900 PBIT – 22% 1866 17 period has been lower than the corresponding 1800 previous period/s primarily because of delay in 1700 1692 1610 execution of projects at customers’ end. 1600 1
Slide 12: Sugar Business
Sugar Business SUGAR BUSINESS One of the largest sugar producers in India with seven sugar manufacturing facilities Sugar CO-GENERATION Business DISTILLERY BUSINESS BUSINESS One of the largest Three state of the art single stream co-generation plants molasses based at two of its major distillery in
Slide 13: Sugar Industry Overview
Sugar Industry Overview Global: As per global industry estimates, the world sugar production for 2013-14 crop cycle is expected to exceed consumption by 4.50 million tonnes. World sugar production is estimated at 180.84 million tonnes with a consumption of 176.34 million tonnes. Global sugar pri
Slide 14: Sugar Industry Overview
Sugar Industry Overview India: In India, sugar prices fell sharply in key sugar markets during the month ended 30th September 2013 due to weak local demand and huge stocks. UP sugar prices fell from ` 32/kg at start of the month of July 2013 to ~ ` 30/kg by the end of September 2013. Sugar indus
Slide 15: Sugar Industry Overview
Sugar Industry Overview (Figures in million tonnes) 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 (E) Opening Stock as on 1st Oct. 4.3 11.0 10.4 4.4 5.0 5.5 6.5 Production during the Season 28.3 26.3 14.5 18.9 24.4 26.3 25.1 Imports - - 2.5 4.0 0 0 0.7 Total Availability 32.6 37.3 27.4 27.
Slide 16: Sugar Business
Sugar Business Major facilities located in cane rich areas Deoband of Western Uttar Pradesh with more than Chandanpur 80% cane intensity – fertile and irrigated land Rani Nangal Sugar cane catchment area for all sugar units under canal irrigation – both in Western & Central Uttar Pradesh - Lower
Slide 17: Sugar Business
Sugar Business Triveni crushed 5.63 million tonnes cane at an average recovery of 9.28% in FY13 which is higher by 0.19% in comparison to the previous season. Chandanpur & Milak Narayanpur units have started incidental co-generation during the season which resulted in a revenue from incidental c
Slide 18: Sugar Business - Co-generation Business
Sugar Business - Co-generation Business 1500 1467 45 Three plants in two sugar units viz. Khatauli & 41 Deoband. 1400 1339 1293 40 1300 39 The units operated for less than a month during 1200 1174 1171 Q4 FY13 while there were no operations during 35 1100 the corresponding quarter of last year. Th
Slide 19: Sugar Business - Distillery Business
Sugar Business - Distillery Business 1300 24 1264 25 For the 12 months period, the sales volume and realisations were higher by ~ 5% and ~10% 1200 22 respectively in comparison to corresponding 1100 period of last year. 20 1000 Highest production was recorded during 12 889 900 months period sinc
Slide 20: Sugar Business – Operational Performance
Sugar Business – Operational Performance Co-generation Business Q4 FY 13 Q4 FY 12 12M FY 13 12M FY 12 Power Generated – (‘000 KWH) 15292 16 246591 214887 Power exported – (‘000 KWH) 12494 0 163107 142738 Distillery Business Q4 FY 13 Q4 FY 12 12M FY 13 12M FY 12 Production (000 KL) 5.27 4.81 45.31 41
Slide 21: 12M FY13 Financial Performance
12M FY13(#) Financial Performance Net Sales (` In Million) (Overall) Net Turnover – Sugar Business 16616 (` In Million) 14821 12M FY13 12M FY12 21054 18467 1467 1293 1457 1264 12M FY 13 12M FY 12 Sugar Co-generation Distillery Revenue Composition (` In Million) Net Turnover – Engineering Business (`
Slide 22: 12M FY13 Financial Performance – Order Book
12M FY13(#) Financial Performance Order Book in Millions GBG WBG 6040 4850 522 486 12M FY 13 12M FY 12 Total - 6562 Total – 5336 (#) Extension of current financial year 2012-13 ending on September 30. 2013 by a period of six months so as to end on March 31, 2014 and accordingly the said financial ye
Slide 23: Triveni Turbine Ltd. (TTL)
Triveni Turbine Ltd. (TTL) 50% plus one share TEIL is holding 72 million equity shares of ` 1/- each in TTL - 21.8% of the total equity capital of ` 330 million 23
Slide 24: TTL – Pan India Presence
TTL – Pan India Presence Manufacturing Facility NOIDA Marketing and Service Centres Allahabad Ahmedabad Raipur Kolkata Mumbai Latur Nagpur Pune Hyderabad Kolhapur Vijaywada Bengaluru Key Differentiator 24
Slide 25: TTL – Business Perspective
TTL – Business Perspective 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 an
Slide 26: Efficient Products
Efficient Products Product Product Straight Back Pressure Type Product Product Triveni Turbines Straight Condensing Type Condensing Type with Controlled Extraction Condensing Type with Un- Controlled Extraction Condensing Type with Injection Power Generation Capacity Up to 30 MW Steam Inlet Temperat
Slide 27: Unparallel Service
Unparallel Service Aftermarket Services are integrated under Customer Care Cell (CCC) which provides solutions for all after-sales requirements from erection and commissioning (E&C) to maintenance and spare parts to efficiency improvement. Full speed vacuum balancing tunnel for balancing turbines, c
Slide 28: Diverse Applications & Industry Segments
Diverse Applications & Industry Segments Co-generation Sugar Captive Power Plant Palm Oil Combined Heat & Power Distillery CCP / Waste Heat Recovery Pulp & Paper Incineration Food Processing Biomass Textiles Steel & Metal Carbon Black Cement Chemicals & Fertilisers Oil & Gas and Petrochemical Distri
Slide 29: Financial Performance – Steam Turbine Business
Financial Performance – Steam Turbine Business PBT Net Sales PBT Margins 1567 FY13 6569 1350 FY12 6319 FY 13 FY 08 23.8 23.5 1289 FY11 6135 FY12 FY 09 1140 21.3 21.7 FY10 5256 FY11 FY10 20.9 21.4 978 FY 09 4542 1135 FY 08 4845 0 1000 2000 3000 4000 5000 6000 7000 All financials are for April-March p
Slide 30: Financial Performance Q2/H1 FY14
Financial Performance Q2/H1 FY14 (Figures in ` million) Performance Review Key Balance Sheet Details Q2 FY 14 FY 13 Q2 FY 14 H1 FY 14 Q2 FY 13 H1 FY 13 July - Sept Apr - Sept July - Sept Apr - Sept As on 30th As on 31st 2013 2013 2012 2012 Sept 2013 March 2013 Share Capital Net sales 1,229 2,335 1,7
Slide 31: Financial Performance Q2/H1 FY14
Financial Performance Q2/H1 FY14 The overall performance for the quarter and half aggregating to over ` 1 billion, resulting in a total year under review has been lower than the inflow for the first seven months at ` 2.4 billion. corresponding periods of last year and significantly The first half of
Slide 32: Joint Venture with General Electric (GE)
Joint Venture with General Electric (GE) Triveni Turbine Ltd. formed a 50:50 Joint Venture The JV is currently responding to the with GE on 15th April 2010. GE Triveni Ltd. (GETL) enquiries both in the domestic market and to headquartered in Bengaluru, a subsidiary of TTL, a diverse international ma
Slide 33: Contact
Contact CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 [email protected] Gavin Desa/ Ashwin Chhugani Citigate Dewe Rogerson Tel: +91 22 66451237/1250 [email protected]/ [email protected] ------------------------------------------------
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