Triveni Engineering and Industries Limited · NSE:TRIVENI
Triveni Engineering and Industries — 9M FY13 Earnings Presentation
33 slides from Triveni Engineering and Industries's earnings presentation, August 2013
Slide 1: Corporate Presentation Q3/9M FY13
Triveni Engineering & Industries Ltd. CORPORATE PRESENTATION Q3/9M FY13
Slide 2: Triveni Group Organisation Structure
Triveni Group Organisation Structure TEIL holds 21.8% of the equity in TTL 50% plus one share 2
Slide 3: Triveni Group Fact Sheet
Triveni Group Fact Sheet Two Independent Listed Companies – Triveni Engineering is one amongst the largest Triveni Engineering & Industries Ltd. integrated sugar manufacturers in India and and Triveni Turbine Ltd. the market leader in its engineering businesses comprising high speed gears, gearb
Slide 4: Triveni Engineering & Industries Ltd. (TEIL)
Triveni Engineering & Industries Ltd. (TEIL) 4
Slide 5: Engineering Business – Pan India Presence
Engineering Business – Pan India Presence GEARS BUSINESS - MYSORE Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of 70,000 Noida rpm Engineering Business WATER BUSINESS – NOIDA A leading player in Corporate Office the high Mysore technology water Manufacturing Facilitie
Slide 6: Engineering Business – Revenue Growth
Engineering Business – Revenue Growth 3500 CAGR 07*-12 3068 3000 SALES – 22% 2736 2625 2500 PBIT – 17% 2000 ` in millions 1730 1500 1437 1006 1000 651 565 500 325 392 423 192 0 FY07* FY08 FY09 FY10 FY11 FY12 Revenue PBIT FY07* - 12 months period from Oct 06 – Sep 07 6
Slide 7: Gears Business Group – Business Perspective
Gears Business Group – Business Perspective Triveni is in the business of design, manufacture and marketing of customised gears and gearboxes (both high speed and niche low speed gears) having a state-of-the-art design and manufacturing facility at Mysore conforming to international standards. A
Slide 8: Gears Business Group – Financial Performance
Gears Business Group – Financial Performance Net sales for 9M FY 13 stood at ` 631.7 million CAGR 07*-12 as against ` 714.5 million in 9M FY12. The 1202 1200 34 decline in turnover is mainly due to lower sales SALES – 12% 35 35 1043 in OEM segment. PBIT – 16% 33 1014 1000 The sales from retrofit
Slide 9: Water Industry – Potential To Grow
Water Industry – Potential To Grow Rising Water Demand to double by 2025 from 2000 levels - Growth potential in coming years in both major segments – Municipal and Industrial. Multi-lateral funding actively promoting privatisation and commercialisation of water. Jawaharlal Nehru National Urban
Slide 10: Water Business – Business Perspective
Water Business – Business Perspective 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. One of the widest ranges of products & technologies offered in
Slide 11: Water Business – Financial Performance
Water Business – Financial Performance CAGR 07*-12 There has been slow down in the order-intake SALES – 33% from industrial segment and also no major 1900 PBIT – 22% 1866 17 municipal projects were finalised during Q3 FY13, 1800 1692 which resulted in significantly lower order-inflow 1700 1610 160
Slide 12: Sugar Business
Sugar Business SUGAR BUSINESS One of the largest sugar producers in India with seven sugar manufacturing facilities Sugar CO-GENERATION Business DISTILLERY BUSINESS BUSINESS One of the largest Two state of the art single stream co-generation molasses based facilities at two of its distillery in the
Slide 13: Sugar Industry Overview
Sugar Industry Overview Global: it is estimated that the global production will be a record 10 million tonnes more than consumption in 2012-2013, further impacting the global sugar prices. According to recent industry reports, preliminary projections for 2013/14 indicate to a fourth year of glob
Slide 14: Sugar Industry Overview
Sugar Industry Overview India: It has been gathered that the Government of Karnataka has already enacted an Act in May 2013 deciding to form a sugar board and prescribing that the sugarcane price will be based on the revenue sharing model in line with the reforms recommendations of Dr. Rangarajan
Slide 15: Sugar Industry Overview
Sugar Industry Overview (Figures in million tonnes) 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 (E) Opening Stock as on 1st Oct. 4.3 11.0 10.4 4.4 5.0 5.5 6.5 Production during the Season 28.3 26.3 14.5 18.9 24.4 26.3 25.0 Imports - - 2.5 4.0 0 0 0.7 Total Availability 32.6 37.3 27.4 27.
Slide 16: Sugar Business
Sugar Business Major facilities located in cane rich areas Deoband of Western Uttar Pradesh with more than Chandanpur 80% cane intensity – fertile and irrigated land Rani Nangal Sugar cane catchment area for all sugar units under canal irrigation – both in Western & Central Uttar Pradesh - Lower
Slide 17: Sugar Business
Sugar Business Triveni crushed 5.63 million tonnes cane at an average recovery of 9.28% in FY13 which is higher by 0.19% in comparison to the previous season. Chandanpur & Milak Narayanpur units have started incidental co-generation during the season which resulted in a revenue from incidental c
Slide 18: Sugar Business - Co-generation Business
Sugar Business - Co-generation Business Three plants in two sugar units viz. Khatauli & 1500 1467 45 41 Deoband. 1400 1339 1293 40 The operating days of co-generation units during 1300 39 Q3 FY13 were higher compared to the same period 1200 1174 1171 35 last year. Consequently, the power generatio
Slide 19: Sugar Business - Distillery Business
Sugar Business - Distillery Business 1300 24 1264 25 Distillery turnover increased by 16% during nine months period under review as compared to the 1200 22 same period last year due to higher sales volume 1100 by 8% and higher average realisation prices of 20 around 8%. 1000 889 Distillery produ
Slide 20: Sugar Business – Operational Performance
Sugar Business – Operational Performance Co-generation Business Q3 FY 13 Q3 FY 12 9M FY13 9M FY 12 Power Generated – (million units) 40.10 16.87 231.30 214.87 Power exported – (million units) 25.90 12.61 150.61 142.74 Distillery Business Q3 FY 13 Q3 FY 12 9M FY 13 9M FY 12 Production (KL) 13,592 13,
Slide 21: 9M FY13 Financial Performance
9M FY13 Financial Performance Net Sales (` In Million) (Overall) Net Turnover – Sugar Business 12207 (` In Million) 15411 13823 11045 9M FY13 9M FY12 1395 1271 1096 946 9M FY 13 9M FY 12 Sugar Co-generation Distillery Revenue Composition (` In Million) Net Turnover – Engineering Business (` In Milli
Slide 22: 9M FY13 Financial Performance – Order Book
9M FY13 Financial Performance Order Book in Millions GBG WBG 4950 4850 4240 507 635 486 9M FY 13 9M FY 12 Sep FY 12 Total - 4747 Total - 5585 Total – 5336 22
Slide 23: Triveni Turbine Ltd. (TTL)
Triveni Turbine Ltd. (TTL) 50% plus one share TEIL is holding 72 million equity shares of ` 1/- each in TTL - 21.8% of the total equity capital of ` 330 million 23
Slide 24: TTL – Pan India Presence
TTL – Pan India Presence Manufacturing Facility NOIDA Marketing and Service Centres Allahabad Ahmedabad Raipur Kolkata Mumbai Latur Nagpur Pune Hyderabad Kolhapur Vijaywada Bengaluru Key Differentiator 24
Slide 25: TTL – Business Perspective
TTL – Business Perspective Cater to wide range of customers across segments like sugar, paper, co-gen, textiles, pharma, steel, IPP. Consistently upgrading the product range and efficiency. The current range of product up to 30MW. Manufacturing since 1968; over 2,500 turbines manufactured an
Slide 26: Efficient Products
Efficient Products Product Product Straight Back Pressure Type Product Product Triveni Turbines Straight Condensing Type Controlled Extraction Condensing Type Un-Controlled Extraction Condensing Type Injection Condensing Type Power Generation Up to 30 MW Up to 30 MW Capacity Steam Inlet Temperature
Slide 27: Unparallel Service
Unparallel Service Aftermarket Services are integrated under Customer Care Cell (CCC) which provides solutions for all after-sales requirements from erection and commissioning (E&C) to maintenance and spare parts to efficiency improvement. Full speed vacuum balancing tunnel for balancing turbines, c
Slide 28: Diverse Applications & Industry Segments
Diverse Applications & Industry Segments Co-generation Sugar Captive Power Plant Palm Oil Combined Heat & Power Distillery CCP / Waste Heat Pulp & Paper Recovery Food Processing Incineration Textiles Biomass Steel & Metal Carbon Black Cement Chemicals & Fertilisers Oil & Gas and Petrochemical Distri
Slide 29: Financial Performance – Steam Turbine Business
Financial Performance – Steam Turbine Business PBT Net Sales PBT Margins 1567 FY13 6569 1350 FY12 6319 FY 13 FY 08 23.8 23.5 1289 FY11 6135 FY12 FY 09 1140 21.3 21.7 FY10 5256 FY11 FY10 20.9 21.4 978 FY 09 4542 1135 FY 08 4845 0 1000 2000 3000 4000 5000 6000 7000 All financials are for April-March p
Slide 30: Financial Performance Q1 FY14
Financial Performance Q1 FY14 (Figures in ` million) Q1 FY 14 FY 13 Q1 FY 14 Q1 FY 13 Variation As on 30th As on 31st April - June 2013 April - June 2012 (%) June 2013 March 2013 Income from 1,106 1,114 (1) Share Capital operations (net) - Equity 330 330 EBITDA 229 301 (24) EBITDA Margin 20.7% 27.0%
Slide 31: Financial Performance Q1 FY14
Financial Performance Q1 FY14 The overall turnover for the quarter is the The enquiry book from the international same as last year, uneven sales for the market is growing as the company is quarter is a characteristic of the business, of expanding our market reach into new which the order booking to
Slide 32: Joint Venture with General Electric (GE)
Joint Venture with General Electric (GE) Triveni Turbine Ltd. formed a 50:50 Joint Venture The JV is currently responding to the enquiries with GE on 15th April 2010. GE Triveni Ltd. (GETL) both in the domestic market and to a diverse headquartered in Bengaluru, a subsidiary of TTL, international ma
Slide 33: Contact
Contact CN Narayanan Triveni Engineering & Industries Ltd. Tel. +91 120 430 8000 Fax : +91 120 431 1010 [email protected] Gavin Desa/ Rishab Barar Citigate Dewe Rogerson Tel: +91 22 66451238 [email protected] / [email protected] -------------------------------------------------------
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