Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — H1 FY22 Earnings Presentation
22 slides from Triveni Engineering and Industries's earnings presentation, Oct 27, 2021
Slide 1: Earnings Presentation: Q2/H1 FY 22
Earnings Presentation: Q2/H1 FY 22 October 2021
Slide 2: Safe Harbour/Legal Disclaimer
SAFE HARBOUR/LEGAL DISCLAIMER Some of the statements in this presentation that are not historical facts are forward looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concern
Slide 3: Agenda
AGENDA ▪ ABOUT THE COMPANY ▪ INDUSTRY UPDATES ▪ OUR INITIATIVES ▪ SNAPSHOT ▪ KEY COMPANY HIGHLIGHTS ▪ FINANCIAL PERFORMANCE ▪ OUTLOOK 3
Slide 4: About the Company
ABOUT THE COMPANY TRIVENI ENGINEERING & INDUSTRIES LTD • An integrated and innovation-led conglomerate with diversified businesses in Agriculture and Engineering • One of the largest integrated sugar manufacturers of India • Market leader in engineering businesses spanning power transmission, water
Slide 5: Company Structure
COMPANY STRUCTURE Triveni Engineering & Industries Limited Sugar Engineering Sugar Alcohol Power Water Transmission 5
Slide 6: Business Lines
BUSINESS LINES Sugar 2 plants with capacity of 320 KLPD2 Second largest sugar manufacturer in India with 2 new plants (160 + 60 KLPD) being set up, taking 7 FSSC 22000 certified plants in Uttar Pradesh Sugar overall capacity to 540 KLPD by Q4 FY 22 Alcohol Business * Multi - product manufacturer: Mu
Slide 7: Business Lines
BUSINESS LINES Engineering Largest engineered to order turbo gear EPC solutions for water/wastewater treatment and manufacturer recycling of water, for industrial and municipal applications Integrated plant located in Karnataka Power Water with state of the art infra Transmission Business ~10,000 Mi
Slide 8: Industry Updates - Sugar
INDUSTRY UPDATES - SUGAR Sugar Business Alcohol Business • Total acreage under sugarcane estimated to grow 3% y-o-y in • Contracts for 350.2 crore liters have been executed till 17th Sugar Season (SS) 2021-22 to 54.55 lakh hectares October 2021, out of the 367.3 crore liters finalized by the Oil • D
Slide 9: Industry Updates - Engineering
INDUSTRY UPDATES - ENGINEERING Power Water Transmission Business Business • Supply chain disruptions witnessed in previous quarters • COVID-19 leading to delay in new enquiries as well as due to COVID-19 are subsiding finalization of orders • Overall, based on H1 FY 22 performance, the domestic • Wi
Slide 10: Our Initiatives
OUR INITIATIVES SUGAR ALCOHOL • Extensive sugarcane development program • Enhancing Capacity: 160 KLPD at Milak • Active pursuit of variety substitution Narayanpur & 60 KLPD at Muzaffarnagar programme to gradually reduce by Q4 FY 22 and additional 120 KLPD overdependence on the star variety expansio
Slide 11: Snapshot
SNAPSHOT SUGAR ALCOHOL 425959 tonnes - despatches in H1 FY 22 54155 KL Production in H1 FY 22 34212/MT - Domestic Realization price in H1 FY 22 64381 KL Sales in H1 FY 22 ` 52.56 /litre - Avg. Realisation in H1 FY 22 6.78 lakh cases of Indian Made Indian Liquor (IMIL) Sales in H1 FY 22 POWER TRANSMI
Slide 12: Key Company Highlights - Sugar
KEY COMPANY HIGHLIGHTS - SUGAR SUGAR ALCOHOL • Turnover in Sugar business in Q2 is lower by 16% due to • The total production in Q2 increased by 12% while sale lower sugar dispatches by 21% volumes grew by 8% as compared to the corresponding period of last year. • The sugar inventory as on Sep 30, 2
Slide 13: Key Company Highlights - Engineering
KEY COMPANY HIGHLIGHTS - ENGINEERING POWER TRANSMISSION WATER • Highest ever quarterly revenue for PTB achieved in • The Q2/H1 FY 22 results are based on consolidated Q2 FY 22 results including wholly owned SPV executing Mathura Project awarded by NMCG under Namami • Revenues have seen higher contri
Slide 14: Financial Performance - Consolidated
FINANCIAL PERFORMANCE - CONSOLIDATED ` Crore GROSS REVENUE PBT 2392.2 2266.48 245.35 180.25 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 14
Slide 15: Financial Performance - Sugar
FINANCIAL PERFORMANCE – SUGAR ` Crore SUGAR GROSS REVENUE PBIT 2067.27 151.85 1695.18 123.25 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 ALCOHOL GROSS REVENUE PBIT 512 82.88 278.6 44.95 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 15
Slide 16: Financial Performance - Engineering
FINANCIAL PERFORMANCE - ENGINEERING ` Crore POWER GROSS REVENUE PBIT TRANSMISSION 82.63 29.07 55.83 15.4 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 WATER GROSS REVENUE PBIT 119.43 91.42 10.04 9.14 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 16
Slide 17: Consolidated Summary P&L
CONSOLIDATED SUMMARY P&L ` Crore Q2 FY 22 Q2 FY 21 Change (%) H1 FY 22 H1 FY 21 Change (%) Revenue from 1155.02 1168.39 (1) 2266.48 2392.20 (5) Operations (Gross) Revenue from Operations (Net of 1068.46 1168.39 (9) 2105.22 2392.22 (12) excise duty) EBITDA 115.91 85.75 35 269.13 245.77 10 EBITDA Marg
Slide 18: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ` Crore H1 FY 22 H1 FY 21 Change (%) ASSETS Non-current assets 1529.01 1410.09 8.43% Current assets 1353.83 1794.29 -24.55% TOTAL - ASSETS 2882.84 3204.38 -10.03% EQUITY AND LIABILITIES EQUITY (a) Equity share capital 24.18 24.79 -2.46% (b) Other equity 1678.54 1429.56 17.
Slide 19: Outlook - Sugar
OUTLOOK - SUGAR Sugar Alcohol Business Business • As per the first advance estimates released by the • Favourable Government policies such forwarding of Ethanol Government for SS 2021-22, sugarcane output in the Blending Programme with 20% targets to 2025 augur well country is expected to increase b
Slide 20: Outlook - Engineering
OUTLOOK - ENGINEERING Power Water Transmission Business Business • Domestic economic recovery is expected in FY 22 will • The Company has participated in large number of tenders likely lead to demand from sectors such as Steel, Cement, which are in various stages of finalization and is expected Oil
Slide 21: Investors Contact
INVESTORS CONTACT Surabhi Chandna Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 [email protected] www.trivenigroup.com Gavin Desa/ Rishab Brar Citigate Dewe Rogerson Tel: +91 22 66451237/1235 [email protected] / [email protected] 21
Slide 22: Thank You
— [riveni ENGINEERING & [INDUSTRIES LTD 22
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