Investor Presentation

- - « 4911204308100 vem & +91 1204311010111 ENGINEERING & INDUSTRIES LTD. © wwwrivenigroup.com REF: TEIL:SE: Date: 02" November, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) Mumbai — 400 001 Mumbai — 400 051 Thru: BSE Listing Centre Thru: NEAPS Scrip Code: 532356 Symbol: TRIVENI Sub: Investors’ brief& Presentation for Q2 & H1 FY27 ended September 30, 2026 Dear Sirs, We send herewith a copy of investors’ brief & presentation on the performance of the Company for the Q2 & HI FY27 (consolidated) ended September 30, 2026 for your information. The same is also being made available on the Company’s website www.trivenigroup.com. Thanking you, Yours faithfully, For Triveni Engineering & Industries Ltd. GEETA BHALLA Group Vice President & Company Secretary M.No.A9475 Encl: As above ~ Corporate Office: 8" Floor, Express Trade Towers, Plot 15 & 16, Sector 16-A, Noida, Uttar Pradesh — 201301, Indiia Registered Office: A-44, Hosiery Complex, Phase-Il Extension, Noida-201 305, Uttar Pradesh. CIN No.: L16421UP1932PLC022174 Registered office: A-44, Hosiery Complex, Phase-II Extension, Noida-201 305, Uttar Pradesh, India. Corporate office: Express Trade Towers, 8th floor, 15-16, Sector 16A, Noida 201301, Ph: 0120-4308000, Fax: 0120-4311011 CIN: L15421UP1932PLC022174 For Immediate Release H1 FY27 Consolidated Results for the period ended September 30, 2026: • Revenue from Operations (Net of excise duty) grew by 5.3% YoY to ₹3,311 crores • EBIDTA margin improved to 6.9% compared with 3.1% in the previous year • Profit After Tax increased substantially to ₹97 crores versus a loss of ₹18 crores in H1 FY26 • Both Sugar and Alcohol segments contributed to profitability improvement • Net debt of ₹157 crores as of 30 September 2026, a substantial improvement from ₹702 crores a year earlier, supported by improved profitability and lower working capital intensity • Overall Sugarcane crop position seems healthy for the upcoming Sugar Season (SS) 2026-27 Noida, November 02, 2026: Triveni Engineering & Industries Ltd. (Triveni), one of the largest integrated sugar & ethanol manufacturers and a leading player in water and wastewater management business, today announced its financial results for the period ended September 30, 2026. The Company has prepared the financial results based on the Indian Accounting Standards (Ind AS) and as in the past, has been publishing and analysing results on a consolidated basis. PERFORMANCE OVERVIEW: Q2/H1 FY27 (Consolidated Results) ₹ in crores Q2 FY27 Q2 FY26 YoY % H1 FY27 H1 FY26 YoY % Revenue from Operations (Gross) 2,049 1,905 7.5% 3,999 3,810 5.0% Revenue from Operations 1,731 1,597 8.4% 3,311 3,145 5.3% (Net of excise duty) EBITDA 165 37 352.4% 229 97 136.7% EBITDA Margin 9.5% 2.3% 726 bps 6.9% 3.1% 383 bps Share of profit/ (loss) of 8 0 NM 12 -0 NM Associates and Joint Venture Profit Before Tax (PBT) 126 -16 NM 131 -25 NM Profit After Tax (PAT) 94 -11 NM 97 -18 NM EPS (not annualised) (₹/share) 4.25 -0.52 NM 4.42 -0.82 NM NM denotes not measurable Note: above financial results pertain to “Continuing Operations” (excluding Discontinued Operation pertaining to PTB) and figures of previous periods restated to reflect the result of demerger. Performance Highlights: ▪ Net revenue for H1 FY27 increased by 5.3% mainly on account of higher sugar realisation and higher sales volume and realisation of grain distillery by-product (DDGS). For Q2 FY27, net revenue increased by 8.4% due to significant increase in sugar realisation coupled with higher sales volume of alcohol as well as higher volume & realisation of DDGS despite a decline in sugar volume and water business revenue. ▪ Profitability improvement in H1 FY27 is primarily attributable to increase in sugar margin owing to higher realisation and higher proportion of high margin maize feedstock, improved realisation of DDGS and lower finance cost. The aforesaid factors also contributed towards the higher profitability in Q2 FY27 besides the additional contribution from higher volume of alcohol. ▪ The gross debt on a standalone basis as on September 30, 2026 is ₹410 crores, as against ₹672 crores as on September 30, 2025. Standalone debt as on September 30, 2026 comprises term loans of ₹328 crores, out of which loans of ₹69 crores having interest subvention, and working capital loan of ₹82 crores. On a consolidated basis, the gross debt is at ₹470 crores, comprising term loan of ₹388 crores and working capital loan of ₹82 crores, as on September 30, 2026 as compared to ₹741 crores as on September 30, 2025. ▪ Overall average cost of funds (consolidated) has reduced by 37 bps to 6.9% for H1 FY27 as compared to 7.2% during the corresponding half year in the previous year. ▪ Share of profit of TPTL has been considered during the current period proportionate to the equity shareholding held by the Company post demerger in TPTL. The financial results of PTB in the previous period(s) have been stated under “discontinued operations”. Commenting on the Company’s financial performance, Mr. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries Ltd, said: “The first half of FY27 marked a significant improvement in the Company's operating and financial performance. Higher sugar realisations, a favourable product mix in the Alcohol business, stronger by-product (DDGS) income and continued cost discipline helped us deliver a sharp turnaround in profitability. This performance is also reflected in the strengthening of the balance sheet, with a substantial reduction in net debt and working capital deployment. The Sugar business benefited from a tight domestic balance and firm prices, even as the market witnessed significant volatility and policy intervention during the quarter. International sugar prices also recovered significantly from their 2026 lows as the global balance shifted toward a modest projected deficit and weather and production risks returned to focus. Prices nevertheless remain sensitive to Brazil's production and sugar- ethanol mix, India's trade position and currency movements. Our objective remains to increase cane crush, which has declined in the last 3-4 years due to a variety of uncontrollable reasons, with focus on cane development, crop surveillance, and improvement in operational efficiencies and recovery for the new crushing season. Current field indications in Uttar Pradesh are relatively constructive. However, the late-October spell of unseasonal rainfall, including heavy rain and thunderstorm activity reported across parts of the State on 29-30th October, requires close field-level assessment. At this stage, the most likely impact is delay in commencement of crushing to minimise the impact of dilution of recoverable sugar, if any, following rainfall. The national production outlook remains exposed to weather-related risks in other bigger sugar producing states, Maharashtra and Karnataka. The Alcohol business delivered stronger earnings through higher grain-based ethanol dispatches, improved DDGS realisations and operational efficiencies. The latest OMC tender for ESY 2026-27, however, excludes ethanol from sugarcane juice/ syrup and B-Heavy molasses and reduces price of ethanol produced from maize. As a result of reduction of sugarcane related ethanol and fixed quantity of ethanol produced from FCI-rice having been prescribed, ethanol from maize and rice will form a significant proportion of supply towards the tender. The firmer maize procurement prices, resulting from lower production of maize due to climatic reasons, and reduction in ethanol prices, creates a more challenging near-term operating environment. We will continue our thrust on key operating levers such as feedstock economics, product mix, allocation optimisation, by-product value maximisation and cost efficiencies. In Water, near-term revenue was affected by the pace of e [Showing first 8,000 characters — download PDF for full document]