Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (November 2016)
34 slides from Triveni Engineering and Industries's investor presentation, November 2016
Slide 1: Corporate Presentation (November 2016)
CORPORATE PRESENTATION (November 2016)
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-generatio Sugar Distillery GE Triveni Businesses n 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 turn
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 H1 FY 17 was 41% higher The Compan
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 As per ISMA’s estimates, India’s total cane acreage at As per the recent Government’s estimates, sugar 49.99 lakh hectares is about 5% less than 2015-16, with production in 2016-17 is estimated to decline by 10.27% preliminary estimates of country’s sugar produ
Slide 14: Sugar Business – Industry Overview
Sugar Business – Industry Overview The notified cane price for the SS 2016-17 are higher International Sugar Scenario than the previous season by ` 250/tonne and there The cane crushed in Centre-South Brazil till Oct 16, 2016 would be an additional impact of ` 65/tonne on account has been 6% hig
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 23.0 Imports 0 0.7 0.1 0.0 0.0 0.0 Total Availability 32.1 32.4 33.8 35.
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 There has been a complete turnaround in the 49% increase in realisation on quarter to quarter performance of sugar business in the current quarter while the improvement over H1 FY 16 has been 42% and half year in comparison to the corresponding The sugar
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 Q2 FY 17 has been an off-season period with no With the e
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 Increased profitability in H1 FY 17 is due to higher With an estima
Slide 22: Scheme of Arrangement
Scheme of Arrangement The Company had proposed a Composite Scheme of The equity shares of TIL will be listed at both BSE and NSE. The Arrangement (Earlier Scheme) on July 28, 2015 to appointed date of the Scheme is April 01, 2016. segregate the Sugar business and Engineering business The Scheme is i
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: H1 FY 17 Financial Performance
H1 FY 17 Financial Performance • Net Total Income from Operations at ` 3.64 • Product sales showed a growth of 17% while billion – increase of 20% the aftermarket sales showed a growth of 30% • EBITDA of ` 909 million with a margin of 25% - • The consolidated export turnover has gone up an increase
Slide 32: H1 FY 17 Financial Performance
H1 FY 17 Financial Performance (Figures in ` million) Q2 FY 17 Q2 FY 16 % Change H1 FY 17 H1 FY 16 % Change Total Income 2018 1786 13% 3635 3031 20% EBITDA 525 449 17% 909 747 22% EBITDA Margin 26.0% 25.2% 25.0% 24.6% Depreciation & 34 38 -11% 70 76 -9% Amortisation PBIT 491 411 19% 839 670 25% PBIT
Slide 33: GE Triveni Ltd.
GE Triveni Ltd. • Triveni Turbine Ltd. formed a 50:50 Joint • GETL recorded sales of ` 843 million with a Venture with GE on 15th April 2010. GE Triveni PAT of ` 109 million Ltd. (GETL) headquartered in Bengaluru, a • GETL dispatched some large sized turbines subsidiary of TTL, will design, supply,
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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