0%
0%
is a philosophy that brought us here. A 9 decades legacy of disciplined capital allocation, capability building, and investing in businesses ahead of the curve with conviction.
is the forward posture that will shape our next growth
Strategic restructuring of the organisation into two focussed platforms
To enable each of the entities to have a sharper focus, dedicated capital allocation, and alignment with sector-specific investors
People
Integrity
Sustainability
Performance
Triveni Engineering & Industries Limited is a diversified industrial conglomerate engaged in the businesses of Sugar, Cogeneration, Alcohol (Ethanol, Indian Made Indian Liquor (IMIL) and Indian Made Foreign Liquor (IMFL)), Power Transmission (Industrial Gearboxes, Defence Equipments) and Water & Wastewater treatment.
TEIL Scale (as of March 31, 2026)
21
world-class facilities
5,172
Employees
₹ 8,305 Crores
Market capitalisation
AA+ (Stable)
ICRA long-term rating
Our 90-year journey has been marked by defining milestones, each reflecting our strategic choices and disciplined approach to building resilient businesses
Each of these is a shift where India needs to play a larger role, and each is where a Triveni business already sits. These developments are playing out simultaneously, and at a scale that demands sharper focus and a capital allocation strategy aligned to respective business nuances. That is where our restructuring comes into play.
Our business diversification, combined with agile efforts like varietal substitution, driving operational efficiency, prudent capital allocation and working capital management, ensured we deliver buoyant performance.
How Triveni is building to
create value for the future
We have consistently translated foresight into businesses and businesses into stakeholder value.
TEIL’s forward growth journey will be defined by a sharper focus on businesses and capital allocation. With the composite scheme of arrangement, we have taken one of the most consequential structural transformations in recent history. The move is set to unlock the true potential of each business and drive significant value creation for all our stakeholders.
Commentary: Revenue increased 11.9% due to higher sales volume in sugar and distillery segments and improved sugar realisation prices. The engineering business grew marginally by 1%.
Commentary: PAT increased by 12.8% and PAT margin by 8 basis points to 4.3%. An exceptional charge of ₹ 14.06 crores towards the estimated impact of the new labour codes impacted PBT and PAT. FY 23 was an outlier due to the exceptional income of ₹ 1,401 crores.
Commentary: EBITDA increased 16.9%, while EBITDA margin increased 50 basis points to 9.9%. The growth was mainly driven by the Distillery segment due to lower procurement costs of maize and other internal efficiencies, better realisation in the sugar business, and other cost optimisation measures.
Commentary: FY 23 includes exceptional income of ₹ 1,401 crores on account of sale of stake in an associate company.
Note: Consolidated includes SSEL for the period from June 21, 2024.
Commentary: Total debt has increased due to higher short-term borrowings availed to pay increased cane price and to maintain optimum level of grain inventory to ensure cost optimisation and uninterrupted distillery operations.
Commentary: Shareholder equity has increased due to accrual of profit (net of dividend paid) during the year.
Commentary: The ratio has increased due to higher level of short-term debts availed at the end of the year.
Commentary: Average cost of funds during FY 26 maintained at the same level as in previous year, despite reduction in proportion of loans with interest subvention.
Commentary: Despite ~9% lower cane crush during season 25–26, sugar production remained almost at the previous season’s level, as crushing operations were carried out entirely on C-heavy molasses (CHM) compared with partial B-heavy molasses (BHM) operations in the previous season, in view of better viability.
Commentary: Alcohol sales volume increased 5.9%, driven by better availability of grain feedstock. Average realisation declined 2.6% due to increased ethanol dispatches from FCI rice, which has a lower rate than maize.
Commentary: Closing order book in the PTB business increased 25%.
Our approach to sustainability is driven by the belief that long-term business success and ESG progress are mutually reinforcing.
Sustainability at the source
Governed with integrity.
Built with trust.