Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (August 2017)
34 slides from Triveni Engineering and Industries's investor presentation, August 2017
Slide 1: Corporate Presentation (August 2017)
ENGINEERING & INDUSTRIES LTD. CORPORATE PRESENTATION (August 2017)
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure Triveni Group Triveni Triveni Engineering Turbine Ltd. & Industries 9 (TTL) Ltd (TEI) _/ oer enceneanie Co- generation Business Sugar Distille Businesses 2 Business Sugar Businesses Triveni Gears Water Defence Turbines Business Business Business DMCC cm) Engineer
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies with total FY 17 gross revenue of INR 37.12 billion (USD 573 million) - Triveni Engineering & Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock Exchange Total Market Capitalisation of ~ INR 6.7 bil
Slide 4: Financial Performance — TEIL (Consolidated)
Financial Performance — TEIL (Consolidated) In ® million Q1 FY 18 Q1 FY 17 Gross Revenue 8443 6302 EBITDA 1320 1095 EBITDA Margin 16% 17% Share of income from Associates 24 54 Profit / (Loss) Before Tax 838 624 Profit / (Loss) After Tax (PAT) Consolidated 605 482 Other Comprehensive Income (after ta
Slide 5: Engineering Business
Engineering Business ENGINEERING & INDUSTRIES LTD. 5
Slide 6: 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 Ss) Aleading player in the high technology water & wastewater management business hy . Piven ENGINEERING & INDUSTRIES LTD.
Slide 7: Engineering Businesses — Revenue Growth
Engineering Businesses — Revenue Growth 4000 - 3951 3009 2736 2734 2524 Zin millions ND So So Oo 1 1500 + 1000 + 423 500 + 256 255 0 T t FY 12 FY 12-14* FY 15 Note: mRevenue mPBIT For FY 16 & FY 17 revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 — Mar 14 riven ENGI
Slide 8: Gears Business - Overview
Gears Business - Overview Yat \ QO) Design, manufacture and marketing of customised © Triveni technology for high speed gear boxes upto gears and gearboxes (both high speed and niche 7.5 MW and for hydel gearbox range upto 6 MW low speed gears) QO) Range above 7.5 MW-62 MW is manufactured using Q) S
Slide 9: Gears Business - Overview
Gears Business - Overview Fully integrated plant with all critical operations in-house with state-of-the-art infrastructure Preferred partner to Domestic and Multinational OEMs More than 21,500 MW and 7150 gearboxes in operation Leading Turbo Gears company in India and SE Asia, market share of >80%
Slide 10: Gears Business — Financial Performance
Gears Business — Financial Performance 1421 1400 1199 ees 1043 1033 1000 922 800 Cay 397 in ations 301 292 292 ty 180 a |_| | | |_| |_| 0 | . . = FY 12 FY 12-14* FY 15 FY 16# FY 17# Net Sales = PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 - Mar 14 a The mu
Slide 11: Water Business - Overview
Water Business - Overview Q 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. QO) Over 2000 numbers of process equipments for water & waste water treatment
Slide 12: Water Business - Overview
Water Business - Overview Over 100 successfully operating installations Technology associations with the across various segments — world’s leading technology infrastructure, industrial providers for various products, and municipal processes and solutions Approx. 8000 MLD of water is treated through
Slide 13: Water Business financial performance
3000 2500 2000 1500 1000 ` 500 0 -500 ` ` ` 13
Slide 14: Sugar Business
Sugar Business hy . Piven ENGINEERING & INDUSTRIES LTD. 14
Slide 15: Sugar Business
hy . Piven ENGINEERING & INDUSTRIES LTD. 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
Slide 16: Sugar Business — Industry Overview
Sugar Business — Industry Overview Q As per the estimates, the sugar production will decline Q In the light of the sugar scenario currently prevailing and by 19% to 20.1 million tonnes in the (Sugar Season) SS the first estimates for the next year’s production, the 2016-17. Uttar Pradesh surpassed M
Slide 17: Sugar Business — Industry Overview
Sugar Business — Industry Overview (Figures in million tonnes) 2015-16 | 2016-17 2013-14 | 2014-15 5.8 77" 26.3 25.1 24.4 283 251 20.1 0 0.7 0.1 0.0 00 05 32.1 32.4 33.8 358 342 283 22.6 22.7 24.2 25.6 24.9 24.0 29 0.3 24 11 16 00 25.5 23.1 26.3 267 = 265 24.0 6.6 9.2 75 1 77* 43 Stock as % of Off-t
Slide 18: Sugar Business - Overview
Sugar Business - Overview OQ) Major facilities located in cane rich areas of Western OU) Closer to country’s major sugar consuming markets Uttar Pradesh with more than 80% cane intensity — - better realizations & lower transportation cost. fertile and irrigated land Long term relationship with ~ 250
Slide 19: Sugar Business — Financial Performance
Sugar Business — Financial Performance Q Robust sugar realisation prices coupled with low costa The sugar realisation has shown an improvement of of goods sold and increased volume of sugar 6% quarterover-quarter with the average realisation despatches resulted in better profitability of Sugar for Q
Slide 20: Co-generation Business - Overview
Co-generation Business - Overview Q) 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). ENGINEERING & INDUSTRIES L
Slide 21: Co-generation Business — Financial Performance
Co-generation Business — Financial Performance 3000 + 2657 2500 - 2000 - 1826 1568 1706 1500 - 1293 in millions tv 1000 + 780 658 694 500 - 0+ : FY 12-14 (*) FY 15 FY 16# FY 17# x Net Sales m@PBIT #revenue figures are including excise duty FY 12-14* - 18 months period from Oct 12 - Mar 14 Q On accou
Slide 22: Distillery Business - Overview
Distillery Business - Overview ri BH; Tl > ee hy * : ee if ny: phy Pra 7 a = 1 ~ oie Sei ha oem! Tee oi Q) One of the largest single stream molasses based Q) The distillery has a flexible manufacturing process distillery in the country located at Muzaffarnagar. allowing it to produce Extra Neutral A
Slide 23: Distillery Business financial performance
2500 2000 1500 1000 ` 500 0 ` 23
Slide 24: Triveni Turbines
[riveni TURBINES 24
Slide 25: Triveni Turbines Factsheet
Triveni Turbines Factsheet One of the world’s largest Market leadership position Joint Venture with General manufacturers of steam in India, with around 60% Electric (now BHGE), GE turbines up to 30 MW market share for a decade Triveni Ltd, with majority range for providing stake for the range above
Slide 26: Triveni Turbines Factsheet
Triveni Turbines Factsheet Over 3000 steam turbines installed globally Over 12 GW power generation capacity Presence in over 70 countries D 2 [riveni TURBINES
Slide 27: Global presence and subsidiaries
TRIVENI TURBINES EUROPE PVT LTD TRIVENI TURBINES c LTD. DMCC THAILAND v VIETNAM TRIVENI TURBINE LTD, INDIA 13 SERVICE INDONESIA CENTERS SOUTH AFRICA Head Office/ International Subsidiaries Manufacturing Service Locations 27
Slide 28: Infrastructure
Infrastructure State-of-the-art manufacturing facilities Machining ESF of Four- 1 equipped to provide manufacturing of vasa! \ peonath critical components, assembly, testing sillZzy 4 a % and refurbishing services Latest design tools and software to deliver innovative solutions to customers Iso ISO
Slide 29: Design & Development
Design & Development requirements for economic installation and operation Strong design team supported by Innovative product development consultants and domain experts concepts such as design to cost, OFD, FMEA techniques, DOE Association with globally acclaimed Deploy Latest computer aided design t
Slide 30: Comprehensive Service Solutions
Comprehensive Service Solutions Highly Skilled _ _ Team 4 ». La » ae \ f \ >» Total i High Repeat Service OEM Expertise Customer Customers =, ne Ne iy Latest Equipment Service Offerings: * Full speed vacuum balancing tunnel for balancing turbines, compressors/alternators * Customization & upgradatio
Slide 31: Financial Performance
8000 7000 6000 5000 4000 in millions La 3000 2000 1000 Financial Performance ; 30 7129 7446 + 25 + 20 r 15 (%) + 10 7 5 0 FY13 FY14 FY15 FY16 FY17 ima Net Sales }iPBT c=me=PBT Margins (%) Note: For FY 16 & FY 17 consolidated numbers including Share of Profit from JV have been considered For FY 13-—F
Slide 32: Q1 FY Financial Performance (Consolidated)
Q1 FY 18 Financial Performance (Consolidated) (Figures in ¥ million) Q1 FY 18 Q1 FY 17 % Change Net Income from Operations 1217 1617 -25% EBITDA 192 384 -50% EBITDA Margin 15.7% 23.7% Depreciation & Amortisation 50 36 39% PBIT 141 348 -59% PBIT Margin 11.5% 21.5% Finance Cost 0.8 0.3 167% PBT 140 34
Slide 33: GE Triveni Ltd.
ee GE Triveni Ltd. Q Triveni Turbine Ltd. formed a 50:50 Joint Venture with a GE affiliate on 15% April 2010. GE Triveni Ltd. (GETL) headquartered in Bengaluru, a subsidiary of TTL, will design, supply, sell and service advanced technology steam turbines in India in the range above 30-100 MW for pow
Slide 34: 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/ Rabindra Basu Citigate Dewe Rogerson Tel: +91 22 66451237/1248 [email protected] / [email protected] DISCLAIMER : Some of the
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