Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — Investor Presentation (July 2006)
27 slides from Triveni Engineering and Industries's investor presentation, July 2006
Slide 1: Engineering & Industries Ltd. Presentation July 2006
Engineering & Industries Ltd. Presentation July 2006
Slide 2: Table of Contents
Table of Contents Introduction & Financial Overview Section I Sugar Business Section II Engineering Business Section III Vision Section IV 2
Slide 3: Introduction & Financial Overview
Introduction & Financial Overview
Slide 4: About Triveni
About Triveni Chandigarh Deoband Business Business Divisions Divisions Noida / Delhi Narainpur Khatauli Sabitgarh Raninagal Chandanpur Ramkola Sugar Sugar Naini Baroda Core business:: Sugar Core business Sugar Production Production Kolkata Other Businesses:: Other Businesses Latur Raipur Mumbai Co-g
Slide 5: Financial Performance FY 2006
Financial Performance FY 2006 (Rs. in Mn.) Net Net Turnover Turnover EBITDA EBITDA 11,920.40 2,130.10 9,610.50 2,400.00 1,724.50 12,600.00 24% 1,800.00 24% 24% 8,400.00 24% 1,200.00 4,200.00 600.00 0.00 0.00 Net Turnover EBITDA 2005 2006 2005 2006 PBT PBT PAT PAT 1,611.80 1,315.00 2,000.00 1,241.00
Slide 6: Financial Performance Q1 FY 2007
Financial Performance Q1 FY 2007 (Rs. in Mn.) Net Net Turnover Turnover EBITDA EBITDA 2,999.80 588.30 2,514.30 3,200.00 640.00 438.50 2,400.00 24% 19% 480.00 34% 24% 1,600.00 320.00 800.00 160.00 0.00 0.00 Net Turnover EBITDA Q1 FY 06 Q1 FY 07 Q1 FY 06 Q1 FY 07 PBT PBT PAT PAT 410.40 324.0 440.00 29
Slide 7: Business Performance Review
Business Performance Review % % REVENUE REVENUE ANALYSIS ANALYSIS FY FY 2005 2005 vs. vs. FY FY 2006 2006 & & Q1 Q1 FY FY 07 07 77% 17% 2% 2% 1% FY 05 68% 22% 5% 4% 1% FY 06 30% 58% 5% 5% 1% Q1 FY 07 Sugar Co- TBG GBG WBG Generation There has been a shift in the mix of revenue from Sugar & co-genera
Slide 8: Sugar Business
Sugar Business
Slide 9: Global Sugar Scenario
Global Sugar Scenario z Current global stock/consumption ratio at 41% compared to last three years average of over 43%, which was considered by most analysts as already low. z A widening 2005-2006 sugar deficit has pushed prices to decades high and is currently over $ 450 /tonne for whites and (17.2
Slide 10: World Sugar Balance
World Sugar Balance (Million tonnes) 2001–02 2002–03 2003 –04 2004 –05 2005 –06 Opening Stock 58.73 58.72 67.64 66.26 60.40 Production 138.29 150.40 143.56 142.07 149.02 Imports 44.94 48.18 49.00 50.09 50.23 Disappearance 134.51 139.80 141.49 144.08 145.66 Exports 48.74 49.86 52.45 53.94 53.83 Closi
Slide 11: Indian Sugar Scenario
Indian Sugar Scenario z India – largest consumer and second largest producer of sugar z Highly fragmented industry set up with about 553 mills located in 18 states across India and is the second largest agro-industry in India. z Sugar cane account for about 2.7% of the total cultivable area z 50 mil
Slide 12: Domestic Production & Consumption
Domestic Production & Consumption 2002 – 2003 – 2004 – 2005 – 2006 – 2007 – (MMT) 2003 2004 2005 2006 (P) 2007 (P) 2008 (P) Opening Stock 11.3 11.6 8.5 4.8 4.2 5.6 Production 20.2 14.0 12.7 19.0 23.0 24.0 Imports 0.0 0.4 2.1 0.0 0.0 0.0 Total Available 31.5 26.0 23.3 23.8 27.2 29.6 Local 18.3 17.3 1
Slide 13: Sugar Industry & Uttar Pradesh
Sugar Industry & Uttar Pradesh • More than 50% of the area of sugar cane cultivation in India is located in UP; • Cane cultivation acreage in UP increased from 2.03 million hectare in 03-04 to 2.4 million hectare in 2005-06. • Highest number of operating sugar factories - 106 out of 398 units locate
Slide 14: Sugar – Production Overview
Sugar – Production Overview CURRENT POSITION z Among the 3 largest producers in India (2004-05) z The company currently has four sugar factories, Khatauli (West UP), Deoband (West UP), Sabitgarh (West UP) and Ramkola (East UP) EXPANSIONS z z Brownfield: Brownfield: z z Expansion Expansion of of crus
Slide 15: Sugar - Key Strengths
Sugar - Key Strengths z z Key Key presence presence in in Western Western Uttar Uttar Pradesh Pradesh Presence -- intensive intensive sugarcane sugarcane cultivation Presence in in the cultivation 1. Premier Premier Sugar the Sugar Belt Belt -- longer crushing season longer crushing season -- fertil
Slide 16: U.P. Government Incentive Policy
U.P. Government Incentive Policy Background: z The UP Sugar Policy recognises the need to attract new private mills because the Government sector and the Co-operative sector may not be able to put up these mills due to constraints of funds z To avail of such incentives, entrepreneurs must make a min
Slide 17: Sugar - Co-generation & Distillery Business
Sugar - Co-generation & Distillery Business z To de-risk sugar operations; z Triveni is having Co-generation of power at z 22 MW at Deoband z 23 MW at Khatauli z 23 MW new co-generation power plant at Khatauli under implementation z Setting up of a 160 KLPD distillery in Muzaffarnagar to use the cap
Slide 18: Sugar - Triveni Khushali Bazaar
Sugar - Triveni Khushali Bazaar z Triveni have launched a chain of stores called “Triveni Khushali Bazaar”, for rural and semi urban customers through a low capital cost (leased) model. Operations commenced in February 2005 z Thirteen outlets in Uttar Pradesh currently and expected to have around 45
Slide 19: Engineering Business
Groat trough haderatip and Shera > Engineering Business
Slide 20: Power Generation – Future Market Overview
Power Generation – Future Market Overview ANNUAL ANNUAL MARKET MARKET FOR FOR TURBINES TURBINES BELOW BELOW 18 18 z z Conservative Conservative demand demand estimate estimate of of about about 950 950 MW MW per per annum. annum. MW z Triveni Triveni currently currently holds holds 65% 65% market ma
Slide 21: Engineering – Turbine Business Group
Engineering – Turbine Business Group z Triveni has been manufacturing small turbines since 1968 , over 1800 turbines manufactured and sold from 1972 to May 2006. The current range of the products is up to 18MW. z Service as a differentiator – Over 700 turbines serviced annually in the last three fis
Slide 22: Engineering – Turbine Business Group
Engineering – Turbine Business Group • Factory Factory capacity capacity prior prior to to Q3 Q3 of of FY FY 06 06 (Dec 2005): 330 (Dec 2005): 330 MW MW CAPACITY/ CAPACITY/ FACTORY • Factory Factory capacity capacity post post Q3 Q3 FYFY 06 06 (Dec 2005): 650 (Dec 2005): 650 MW MW FACTORY EXPANSION
Slide 23: Engineering - Gears Business
Engineering - Gears Business z Triveni is in the business of design, manufacture and marketing of gears and gearboxes with a capacity of up to 70.0 MW and speeds up to 50,000 rpm. z The range up to 7.5 MW is manufactured using own technology and the range above 7.5 MW is manufactured using technolog
Slide 24: Engineering - Water Business
Engineering - Water Business z Triveni has evolved from a turnkey operator to a mechanical equipment supplier in the water and wastewater business. z Market is increasing substantially in all areas- desalination, water reuse and decentralised solutions z z Over Over 20 20 years years of of experienc
Slide 25: Vision
Vision
Slide 26: Vision & Strategy
Vision & Strategy Our corporate vision is to: (a) maintain a Top 3 position in each of our businesses within the applicable market segment - The market segment for the Turbines business is the global market while for the sugar business it is India (b) create value and delight for our customers and s
Slide 27: Thank You
Thank You
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