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Triveni Engineering Buyback: Record Date, Price, & Illustration 2020

Triveni Engineering BuyBack: Company is focused, growing corporation having core competencies in the areas of sugar and engineering. The Company is one of the largest sugar manufacturers in India and the market leader in its engineering businesses comprising high-speed gears, gearboxes, and water treatment solutions.

With 7 sugar mills, 6 co-generation units, and 1 distillery spread over 8 locations in Uttar Pradesh, we progressively engage with over 250,000 farmers through our cane marketing and development programs.

As the largest Indian manufacturer of high-speed and niche low-speed gears and gearboxes, Triveni commands a dominant market share in the gears market in the region. As a focussed player in the water treatment domain, we offer end-to-end services & product mix in the technology spectrum of water and wastewater treatment. We have dedicated manufacturing and R&D unit each for Gear and Water Treatment Applications at Mysore and Noida respectively.

The two major business segments – sugar and engineering – are mutually exclusive in terms of growth factors and the environment. The sugar business is immune to the upheavals in the global economy, and is dependent only on the sugar cycle. Our engineering businesses cater to the two most critical industries – power and water.

Triveni Engineering BuyBack Offer Deal

Buyback Type:Tender
Buyback Record Date:28/08/20
Buyback Offer Amount:₹ 65 Cr
Date of Board Meeting approving the proposal:10/08/20
Date of Public Announcement:10/08/20
Buyback Offer Size:2.50%
Buyback Number of Shares:6190000
Price Type:Tender
FV:1
Buyback Price:₹ 105 Per Equity Share
Shares to buy Today

Profit & Loss Consolidated Figures Of Triveni Engineering

Particulars(in Cr)Mar-15Mar-16Mar-17Mar-18Mar-19Mar-20
Sales206119152824337031524437
Expenses207917902302309428423893
Operating Profit-18125522276309543
OPM %-1.00%7.00%18.00%8.00%10.00%12.00%
Other Income3042-36338357
Interest122115127856879
Depreciation595957555775
Profit before tax-169-7302169268446
Tax %10.00%1.00%16.00%29.00%19.00%
Net Profit-152-7253119216335
EPS in Rs009.814.628.3813.37
Source: Screener.in

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