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Investor Presentation

Triveni Engineering & Industries Investor Presentation: Key Takeaways

Q2 FY27 net revenue ₹1,731 cr (+8.4% YoY), EBITDA margin 9.5%, PAT ₹94 cr vs loss; H1 PAT ₹97 cr; net debt cut to ₹157 cr.

Highlights
Revenue growthQ2 net revenue +8.4%; H1 +5.3%
MarginsQ2 EBITDA margin 9.5% vs 2.3% YoY
Order book₹1,452 cr, down 4.5%; ₹1,048 cr is O&M
Demand visibilityTight domestic sugar balance; global deficit 0.9 MMT
Management confidenceUpbeat on H2 'stronger fundamentals'

Growth

H1 net revenue +5.3% to ₹3,311 cr; H1 EBITDA ₹229 cr (6.9% margin) vs ₹97 cr. Q2 sugar realisation +16.5% YoY.

Outlook

No numeric guidance. Crushing start depends on field assessment; global sugar deficit seen; E85/E100 framework supportive medium term.

Risks

Water revenue -12.9% in Q2, order book down 4.5%. OMC ESY 2026-27 tender cuts cane ethanol; UP rain may delay crushing.

Last quarter's promises, checked

Delivered

  • Sugar ₹4,600/qtl held → ₹47,275/MT realised (= BEAT)
  • Alcohol uptick in 2-3 qtrs → Q2 alcohol rev +19% (= BEAT)

Partly delivered

  • WC borrowings lower FY27 → consol. gross debt ₹470 cr vs ₹741 cr (= PARTIAL)
  • Crush on time, recovery up → crush start pending field check (= PARTIAL)

Missed

  • Major beneficiary of 100 cr L ethanol → OMC tender excludes cane-juice (= MISS)
  • L1 in a few >₹300 cr bids → order book ₹1,472→₹1,452 cr, no wins reported (= MISS)
Source

Investor Presentation filed with BSE, NSE: TRIVENI. Summary written with AI assistance from the document.

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Triveni Engineering & Industries Ltd: key numbers

Share price
₹235.04
Market cap
₹5,179 Cr
Revenue (annual)
₹6,290 Cr
Net profit (annual)
₹268.7 Cr
P/E (TTM)
18.4×Sector 26.8×
Promoter holding
60.58%+0.00% QoQ
FII holding
7.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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