Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Q3 FY2017 Earnings Presentation
34 slides from Triveni Engineering and Industries's earnings presentation, February 2017
Slide 1: Corporate Presentation (February 2017)
CORPORATE PRESENTATION (February 2017)
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure Triveni Group Triveni Triveni Engineering Turbine Ltd. & Industries TEIL holds 21.8% of the equity in TTL (TTL) Ltd. (TEIL) 50% plus one share Sugar Co- Sugar Distillery GE Triveni Businesses generation Businesses Business Ltd. Business (GETL) Engineering Gears W
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies with pan India presence – Triveni Engineering & Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock Exchange Promoter driven, professionally managed companies with eminent and independent Board of Di
Slide 4: Engineering Businesses
Engineering Businesses riven ENGINEERING & INDUSTRIES LTD. 4
Slide 5: Engineering Businesses
Engineering Businesses Gears Water Market leader in High speed gears & gear A leading player in the high technology boxes upto 70 MW capacity and speed of water & wastewater management 70,000 rpm business 5
Slide 6: Engineering Businesses – Revenue Growth
Engineering Businesses –Revenue Growth 4000 3951 3500 3068 3009 3000 2736 2500 2395 ` in millions 2000 1500 1000 651 423 500 255 256 70.1 0 FY 11 FY 12 FY 12-14* FY 15 FY 16 Revenue PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 6
Slide 7: Gears Business - Overview
Gears Business - Overview Design, manufacture and marketing of customised Own developed technology for high speed gear gears and gearboxes (both high speed and niche low boxes upto 7.5 MW and for hydel gearbox range upto speed gears) 6 MW. State-of-the-art design and manufacturing facility at
Slide 8: Gears Business – Financial Performance
Gears Business – Financial Performance 1600 1421 1400 1202 1200 ` in millions 1043 1033 1084 1000 800 600 419 397 400 301 292 291 200 0 FY 11 FY 12 FY 12-14* FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 Overall the market is still impacted by the slowdown The Comp
Slide 9: Water Business - Overview
Water Business - Overview Technology association with world’s leading During FY 12, the Company has made a long term technology providers for various products, process & strategic investment by acquiring 25.04% equity solutions such as Ultra filtration (UF), Reverse stake in an International Wat
Slide 10: Water Business – Financial Performance
Water Business – Financial Performance 3000 2530 2500 1976 2000 1866 1692 ` in millions 1500 1311 1000 500 232 123 -141 -37 -221 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 -500 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 The turnover during the 9M FY 17 was ` 1.1 billion The Com
Slide 11: Sugar Businesses
Sugar Busin A . [ri ven ENGINEERING & INDUSTRIES LTD. u
Slide 12: Sugar Business
Sugar Business Sugar Co-generation Distillery One of the largest sugar Three grid connected One of the largest single producers in India with seven co-generation plants and three stream molasses based sugar manufacturing facilities incidental co-generation distillery in the country plants located ac
Slide 13: Sugar Business – Industry Overview
Sugar Business – Industry Overview ISMA has revised their production estimates for the Karnataka has produced 2.03 million tonnes of sugar till country and as per their latest estimates, the country’s 31st January, 2017 as against 2.7 million tonnes of production is expected to be at 21.3 millio
Slide 14: Sugar Business – Industry Overview
Sugar Business – Industry Overview International Sugar Scenario The cane crushed in Centre-South Brazil till Jan 16, Global sugar prices have shown a significant increase 2017 has been 0.47% higher and sugar production is during 2016, about 30% increase in prices by year end 15.7% higher as comp
Slide 15: Sugar Business – Industry Overview
Sugar Business – Industry Overview (Figures in million tonnes) 2015-16 2016-17 2011-12 2012-13 2013-14 2014-15 (P) (E) Opening Stock as on 1st Oct. 5.8 6.6 9.3 7.5 9.1 7.7* Production during the Season 26.3 25.1 24.4 28.3 25.1 21.3 Imports 0 0.7 0.1 0.0 0.0 0.0 Total Availability 32.1 32.4 33.8 35.8
Slide 16: Sugar Business - Overview
Sugar Business - Overview Major facilities located in cane rich areas of Western 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 ~ 250,000
Slide 17: Sugar Business – Financial Performance
Sugar Business – Financial Performance Owing to higher sugar prices and sales volume UP government withdrew remission of society during the nine months, Sugar business recorded commission of ` 3/quintal which was announced as a 40% increase in turnover while the profitability has part of the can
Slide 18: Co-generation Business - Overview
Co-generation Business - Overview Triveni presently operates grid connected three co- Deoband and Khatauli co-generation plants of the generation plants and three incidental co-generation Company are registered as Clean Development plants located across five sugar units which facilitate Mechanis
Slide 19: Co-generation Business – Financial Performance
Co-generation Business – Financial Performance 3000 2657 2500 ` in millions 2000 1706 1568 1500 1293 1171 994 1000 774 658 499 500 366 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 The operating days of co-generation units during Income o
Slide 20: Distillery Business - Overview
Distillery Business - Overview One of the largest single stream molasses based The distillery has a flexible manufacturing process distillery in the country located at Muzaffarnagar. allowing it to produce Extra Neutral Alcohol (ENA), Strategically located in close proximity to two of its Rect
Slide 21: Distillery Business – Financial Performance
Distillery Business – Financial Performance 2500 2261 ` in millions 2000 1656 1525 1500 1264 1000 762 737 433 500 272 287 90 0 FY 11 FY 12 FY 12-14 (*) FY 15 FY 16 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14 Profitability and sales volume during Q3 FY 17 The Ministry of Envi
Slide 22: Scheme of Arrangement
Scheme of Arrangement In the Board meeting held on February 9, 2017, the Board of Directors has reviewed the progress of the Scheme of Arrangement (Scheme) between Triveni Engineering & Industries Limited (“TEIL” or “the Company”), its wholly owned subsidiary - Triveni Industries Limited (“TIL”) and
Slide 23: Triveni Turbine Ltd.
Triveni Turbine Ltd. 7 [riveni TURBINES 23
Slide 24: Triveni Turbine Ltd. (TTL) Factsheet
Triveni Turbine Ltd. (TTL) Factsheet • One of the world’s largest manufacturers of steam turbines up to 30 MW range for providing industrial & renewable power solutions • Market leadership position in India, with around 60% market share for a decade • Listed in NSE & BSE, two major stock exchanges i
Slide 25: Global Footprint
Global Footprint TRIVENI TURBINES EUROPE PVT LTD TURKEY (proposed) TRIVENI TURBINES MEXICO (proposed) DMCC LTD. VIETNAM TRIVENI TURBINE LTD, INDIA 13 SERVICE INDONESIA CENTERS SOUTH AFRICA Head Office/ International Subsidiaries Manufacturing Service Locations CAGR of 35% in Export sales in past 5 y
Slide 26: Focused on Value Creation
Focused on Value Creation State-of-the-art manufacturing facility Products meeting the most stringent equipped to provide manufacturing of critical international quality standards - API, ASME, components, assembly, testing and AGMA, NEMA, IEC, CE/PED Mark among refurbishing services others Lat
Slide 27: Comprehensive Service Solutions
Comprehensive Service Solutions Highly Skilled Team Customised Total High Repeat OEM Service Customer Customers Expertise Solutions Satisfaction Orders Latest Equipment Service Offerings: Full speed vacuum balancing tunnel Refurbishment solutions for higher MW for balancing turbines, turbines, u
Slide 28: Higher Sustained Efficiency
Higher Sustained Efficiency Continuous value engineering help us to deliver products designed to meet customers’ requirements for economic installation and operation Strong design team supported by Deploy Latest computer aided design and consultants and domain experts engineering software for co
Slide 29: Financial Performance
Financial Performance 8000 25 7081 7000 6569 24 6319 23.8 6255 6000 23 5083 5000 21.7 22.0 22 ` million 4000 (%) 21.3 21 3000 20.0 20 2000 1567 1551 1350 1356 1014 19 1000 0 18 FY12 FY13 FY14 FY15 FY16 Net Sales PBT PBT Margins (%) 29
Slide 30: Focus on Exports
Focus on Exports Exports business growing year-on-year Order Booking Split Closing Order Book Split FY 16 FY 16 FY 15 FY 15 39% 41% 49% 51% 47% 53% 61% 59% Domestic Exports Domestic Exports 30
Slide 31: 9M FY 17 Financial Performance
9M FY 17 Financial Performance • Net Total Income from Operations at ` 5.62 • Product sales showed a growth of 10% while billion – growth of 12% the aftermarket sales showed a growth of 19% • EBITDA of ` 1.48 billion with a margin of 26.4% • The consolidated export turnover has gone up - an increase
Slide 32: 9M FY 17 Financial Performance
9M FY 17 Financial Performance (Figures in ` million) % % Q3 FY 17 Q3 FY 16 9M FY 17 9M FY 16 Change Change Total Income 1982 2001 -1% 5617 5032 12% EBITDA 574 493 16% 1483 1240 20% EBITDA Margin 29.0% 24.6% 26.4% 24.6% Depreciation & Amortisation 37 38 -3% 106 115 -8% PBIT 538 455 18% 1377 1125 22%
Slide 33: GE Triveni Ltd.
GE Triveni Ltd. • Triveni Turbine Ltd. formed a 50:50 Joint • GETL recorded sales of ` 1.02 billion with a Venture with GE on 15th April 2010. GE Triveni PAT of ` 102.1 million Ltd. (GETL) headquartered in Bengaluru, a • The order booking for the JV is also gaining subsidiary of TTL, will design, su
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] ------------------------
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