ICICI Direct: Triveni Engineering's Higher Distillery Revenues To Boost Earnings  
A worker operates a valve at a sugar mills distillery in Dhampur. (Photographer Amit Bhargava/Bloomberg)

ICICI Direct: Triveni Engineering's Higher Distillery Revenues To Boost Earnings  


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

The most significant factor in the September quarter results of most sugar companies has been a significant increase in operating cash flow and reduction in working capital debt.

In a similar context, Triveni Engineering Ltd. also saw Rs 900 crore of operating cash flow generation in H1 FY21 and Rs 1,000 crore debt reduction in last one year.

Triveni Engineering has been able to increase distillery volumes by 34% in H1 FY21 mainly due to better utilisation of 160 kilo litres per day distillery commissioned in April 2019.

Click on the attachment to read the full report:

ICICI Direct Triveni Company Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.