Triveni Engineering & Industries Limited
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Key numbers — 40 extracted
rs,
₹ 1,598 crore
₹ 2.9 crore
₹ 2.1 crore
23%
53%
14%
₹ 40,421
4%
6.5 crore
19%
6.2 crore
Guidance — 6 items
Performance Highlights
opening
“Encouragingly, we are now seeing a meaningful correction in input costs, particularly maize, and expect profitability to recover in the coming quarters.”
Performance Highlights
opening
“However, we anticipate an uptick in the coming quarters, with the business well-positioned in terms of bids and credentials.”
Consolidated
opening
“Going forward, global sugar prices are expected to remain under pressure in the short term due to ample global supply and favorable weather conditions in key sugar producing geographies like Brazil and India.”
Consolidated
opening
“The management expects the demand momentum to recover going forward based on current orders in hand and ongoing discussions with clients • Order book continued to grow with the business bagging orders worth at ₹ 84 crore during the year, indicating strong traction across markets and geographies.”
Consolidated
opening
“During the quarter the business also secured its first breakthrough order from Siemens Brazil for Weyerhaeuser project.”
Consolidated
opening
“Please note that corresponding quarter of last year included project cost saving of Rs 8 crore.”
Risks & concerns — 10 flagged
▪ Alcohol production for the quarter stood at 6.5 crore litres, an increase of 19% over corresponding previous period due to full impact of additional capacity commissioned in Q1 FY 25.
— Performance Highlights
While the growth in sugar turnover was on the back of 14% increase in volumes [including that of the subsidiary SSEL (Sir Shadi Lal Enterprises Limited) acquired on June 20, 2024] and 4% improvement in realization, the growth in distillery revenues was largely on back of strong volume growth, including due to full impact of new grain capacities commissioned in Q1 FY 25.
— Performance Highlights
However, prices began to decline meaningfully from April onward, hitting multi-month lows in early July.
— Consolidated
Going forward, global sugar prices are expected to remain under pressure in the short term due to ample global supply and favorable weather conditions in key sugar producing geographies like Brazil and India.
— Consolidated
The distillery in SSEL did not operate in the ESY 2024-25 • Achieved one of the highest-ever quarterly production of 6.50 crore litres driven by full quarter impact of new distillery in Rani Nangal.
— Consolidated
The decline in revenue was mainly account of deferment of certain key deliveries by the customer and longer execution time for certain orders.
— Consolidated
The challenge has been made on various grounds, inter-alia on the fact that the Hon'ble High Court of Allahabad had earlier struck down the subject 2004 Rules and the special leave petition filed by the State before the Hon'ble Supreme Court was also dismissed.
— Less
The impact of the aforesaid matter on the Company for the aforesaid period is ~ 46.78 crores and in view of the legal position, the Company has presently considered it as contingent in nature, 5.
— Less
The challenge has been made on various grounds, inter-alia on the fact that the Hon'ble High Court of Allahabad had earlier struck down the subject 2004 Rules and the special leave petition filed by the State before the Hon'ble Supreme Court was also dismissed.
— Less
The impact of the aforesaid matter on the Group for the aforesaid period is Z 53.88 crores and in view of the legal position, the Group has presently considered it as contingent in nature.
— Less
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Opening remarks
Performance Highlights
▪ Net turnover increased by 23%, supported by 53% increase in alcohol dispatches and 14% increase in consolidated sugar dispatches as well as improved sugar realisations. ▪ Achieved sugar realisation of ₹ 40,421/MT, an increase of 4% over corresponding previous period due to improved domestic realisations. ▪ Alcohol production for the quarter stood at 6.5 crore litres, an increase of 19% over corresponding previous period due to full impact of additional capacity commissioned in Q1 FY 25. Alcohol sales for the quarter stood at 6.2 crore litres, an increase of 53% YoY. ▪ Power Transmission business (PTB) reported a 15% increase in order booking and a record closing order book of ₹ 423 crore which improved by 38% over corresponding previous period ▪ Closing order book for the engineering business (including PTB) stood at ₹ 1,975 crore, up 32% compared to same quarter last year. NOIDA, July 29, 2025: Triveni Engineering & Industries Ltd. (‘Triveni’), one of the largest integrated sugar &
SSEL
Sugar Domestic Dispatches (Tonnes) Average Realisation (₹/MT) Revenue (₹ crore) PBIT (₹ crore) NM: Not Meaningful
Consolidated
Sugar Domestic Dispatches (Tonnes) Average Realisation (₹/MT) Revenue (₹ crore) PBIT (₹ crore) Q1 FY 26 Q1 FY 25 Change % 240,154 40,470 1,076.7 4.8 227,186 39,035 999.5 37.1 5.7 3.7 7.7 -87.1 Q1 FY 26 Q1 FY 25 Change % 18,042 39,770 92.8 2.8 0 0 0.0 -0.6 NM NM NM NM Q1 FY 26 Q1 FY 25 Change % 258,196 40,421 1,169.6 7.6 227,186 39,035 999.5 36.5 13.6 3.6 17.0 -79.2 Note: Consolidated includes SSEL for the period from June 21, 2024 i.e. for the period post becoming a subsidiary of the Company and resultantly, the figures for the current periods are not comparable with previous periods. • Segment profit, despite higher volume and realization, declined 80% y-o-y to ₹ 7.6 crore, , due to higher cost of sugar (COP) of sugar sold in Q1 FY 26, which could not be offset by increased sugar realization price. The cost of sugar sold during the quarter pertains to SS 2024-25 (produced till 31-03-2025) and was impacted by lower gross recovery • The sugar inventory as on June 30, 2025 was 44.5 lakh
Triveni
Operational details Production (KL) Sales (KL) Avg. Realisation (₹/ ltr) IMIL Sales (Lakh Cases) Financial details Gross Revenue (₹ crore) Revenue Net of Excise Duty (₹ crore) PBIT (₹ crore)
Consolidated
Operational details Production (KL) Sales (KL) Avg. Realisation (₹/ ltr) IMIL Sales (Lakh Cases) Financial details Gross Revenue (₹ crore) Revenue Net of Excise Duty (₹ crore) PBIT (₹ crore) Notes Q1 FY 26 Q1 FY 25 Change % 64,969 62,333 59.4 15.7 784.4 428.1 25.1 54,621 40,626 60.5 11.7 522.4 289.0 19.6 18.9 53.4 -1.8 34.3 50.1 48.1 27.9 Q1 FY 26 Q1 FY 25 Change % 64,969 62,333 59.4 15.7 784.4 428.1 23.1 54,621 40,626 60.5 11.7 522.4 289.0 19.3 18.9 53.4 -1.8 34.3 50.1 48.1 19.8 Financials include Indian Made Indian Liquor (IMIL) and Indian Made Foreign Liquor (IMFL) • • Consolidated includes SSEL for the period from June 21, 2024 i.e. for the period post becoming a subsidiary of the Company and resultantly, the figures for the current periods are not comparable with previous periods. The distillery in SSEL did not operate in the ESY 2024-25 • Achieved one of the highest-ever quarterly production of 6.50 crore litres driven by full quarter impact of new distillery in Rani Nangal. 6 •
Note
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Triveni Engineering & Industries Ltd. will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. 12 TRIVENI ENGINEERING & INDUSTRIES LIMITED Regd. Office: A-44, Hosiery Complex, Phase-II Extension, Noida, Uttar Pradesh - 201 305 Corp. Office: 8th Floor, Express Trade Towers, 15-16, Sector-16A, Noida, Uttar Pradesh - 201 301 CIN: L15421UP1932PLC022174 Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2025 (t in crores, except pe