Fiveni ENGINEERING & INDUSTRIES LTD.
+91 120 4308000
+91 120 4311010/11
www.trivenigroup.com

By E-filing

REF:TEIL:SE:
Date: 29th May, 2026

| BSE Limited
P.J. Tower,
Dalal Street, Fort,
MUMBAI - 400 001
Thru: BSE Listing Centre | National Stock Exchange of India Ltd.,
Exchange Plaza,
Bandra-Kurla Complex, Bandra (E),
MUMBAI - 400 051
Thru: NEAPS |
| --- | --- |
| STOCK CODE: 532356 | STOCK CODE: TRIVENI |
| Sub: Outcome of the Board Meeting held on May 29, 2026 pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 ('SEBI LODR Regulations') | |

Dear Sirs,

In terms of Regulation 30 of the SEBI LODR Regulations, this is to inform you that the Board of Directors of the Company at their meeting held today i.e. May 29, 2026, has inter-alia considered and approved/recommended the following:

1. Financial Results

Approved the audited stand-alone and consolidated financial results of the Company for the fourth quarter and financial year ended March 31, 2026.

Pursuant to Regulation 33 of SEBI LODR Regulations, we are enclosing the audited financial results (standalone and consolidated) of the Company for the fourth quarter and financial year ended March 31, 2026 along with Audit Reports of the Statutory Auditors of the Company thereon and the Newspaper publication being issued by the Company.

We hereby declare that M/s S.S. Kothari Mehta & Co. LLP, Chartered Accountants (Firm Reg. No.: 00756N/N500441), the Statutory Auditors of the Company have issued Auditors Report with an unmodified opinion on the audited standalone and consolidated financial results of the Company for the financial year ended March 31, 2026.

2. Dividend

Recommended a dividend of 125% i.e. Rs. 1.25 per fully paid-up equity share of the face value of Re.1/- each for the financial year ended March 31, 2026, subject to approval of the shareholders at the ensuing Annual General Meeting ('AGM'), and fixed Monday, August 31, 2026 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said dividend.

The dividend, if declared at the AGM, shall be paid to the shareholders, subject to deduction of tax at source, within thirty days from the date of AGM.

9
Contd.2
BSE LLP
Corporate Office: 8th Floor, Express Trade Towers, Plot 15 & 16, Sector 16-A, Noida, Uttar Pradesh – 201301, India. Registered Office: A-44, Hosiery Complex, Phase-II Extension, Noida-201 305, Uttar Pradesh. CIN No.: L15421UP1932PLC022174

: 2 :

Annual General Meeting (ÁGM)

Approved the convening of 90th AGM of the Company on Monday, September 7, 2026 through Video Conferencing/ Other Audio Visual Means (“VC/OVAM”).

Appointment of Cost Auditors

Approved the appointment of Mr Rishi Mohan Bansal, Cost Accountant (FRN:102056) as Cost Auditor for Sugar Business (incl. cogeneration and distillery) of the Company for the FY 2026-27.

Necessary disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure-I.

The meeting of the Board commenced at 12 noon and concluded at 3:40 p.m.

You are requested to take the above on record and disseminate to all concerned.

Thanking you,

Yours faithfully,

For Triveni Engineering & Industries Ltd.

Geeta Bhalla
Group Vice President & Company Secretary
M.No.A9475

Encl: As above

Annexure-I

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 in respect of appointment of Cost Auditors of the Company

Sr.No.	Particulars	Details
1.	Name of Cost Auditors	Mr Rishi Mohan Bansal, Cost Accountant (‘RMB’)
(FRN:102056)
2.	Reason for change
viz. Appointment	Appointment
3.	Date of appointment &
terms of appointment	The Board at its meeting held on 29^{th} May, 2026
approved the appointment of RMB as Cost Auditor
for Sugar Business (incl. cogeneration and distillery)
of the Company for the FY 2026-27. The
remuneration of Cost Auditors is subject to
ratification by the shareholders at the ensuing AGM.
4.	Brief Profile	Mr. Rishi Mohan Bansal (M.No.3323), Practicing
Cost Accountant is a leading Cost Accounting
proprietorship firm having Registration No. 102056.
Mr Bansal is a qualified professional having 52
years of experience in the field of cost audit, cost
control, inventory control, internal audit, physical
verification of stores inventory/fixed assets etc. of
several CPSEs, PSUs, and private sector companies.
5.	Relationship with other
directors of the Company	Not Applicable

SS KOTHARI MEHTA & CO. LLP
CHARTERED ACCOUNTANTS

INDEPENDENT AUDITOR'S REPORT on Audited Standalone Financial Results of the Triveni Engineering & Industries Limited for the quarter and year ended March 31, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

TO THE BOARD OF DIRECTORS OF TRIVENI ENGINEERING & INDUSTRIES LIMITED

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of standalone financial results of TRIVENI ENGINEERING & INDUSTRIES LIMITED (“the Company”), for the quarter and year ended March 31, 2026, (“the Statement”), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us this Statement:

i. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards specified under section 133 of the Companies Act, 2013 (“the Act”), read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Statement under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to Note 3 to the Statement with respect to the amalgamation of Sir Shadi Lal Enterprises Limited (SSEL) with the Company during the year ended March 31, 2026 in accordance with the Composite Scheme of Arrangement (“the Scheme”) approved by NCLT vide its orders dated May 7, 2026 and May 18, 2026, which are filed by the Company with the Register of Companies (ROC), Uttar Pradesh on May 19, 2026. The amalgamation has been accounted by the Company by restating the financial information in the Statement in respect of prior periods as if it had occurred from the date of acquisition of SSEL (i.e. June 20, 2024) as per the requirement of Indian Accounting Standards.

Plot No. 68, Okhla industrial Area, Phase-III, New Delhi-110020
Tel: +91-11-4670 8888 E-mail: [email protected]
www.sskmin.com

SS KOTHARI MEHTA & CO. LLP
CHARTERED ACCOUNTANTS

Our opinion is not modified in respect of the above matter.

Management’s Responsibilities for the Standalone Financial Results

This Statement has been prepared on the basis of the standalone financial statements. The Company’s Board of Directors are responsible for the preparation of this Statement that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial control with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

SS KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The Statement includes the results for the quarter ended December 31, 2025 which was subject to a limited review by us, as required under the Listing Regulations and have been restated to give effect to the Scheme.
The Statement includes the results for the quarter ended March 31, 2026 and March 31, 2025 being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of respective financial year(s), which were subject to a limited review by us, as required under the Listing Regulations and have been restated to give effect the Scheme.

For S S KOTHARI MEHTA & Co. LLP

Chartered Accountants

Firm Reg. No.: 00756N/N500441

Vijay Kumar

Partner

Membership No. - 092671

UDIN: 26092671LJZASN2805

Place: New Delhi

Date: May 29,2026

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, U.P - 201 301

CIN: L15421UP1932PLC022174

Statement of Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026

(₹ in crores, except per share data)

Particulars	3 Months ended			Year ended
	31/Mar/2026
(Audited)
(refer note 7)	31/Dec/2025
(Unaudited)	31/Mar/2025
(Audited)
(refer note 7)	31/Mar/2026
(Audited)	31/Mar/2025
(Audited)
1 Revenue from operations	1833.69	1818.05	1924.91	7620.48	6807.08
2 Other income	5.08	20.37	4.92	52.59	41.32
Total income	1838.77	1838.42	1929.83	7673.07	6848.40
3 Expenses
(a) Cost of materials consumed	2134.17	1677.65	2173.82	4687.82	4332.59
(b) Purchases of stock-in-trade	8.02	8.18	7.86	24.67	27.08
(c) Changes in inventories of finished goods, stock-in-trade and work-in-progress	(1230.81)	(655.09)	(1180.59)	(130.11)	(227.06)
(d) Excise duty on sale of goods	325.67	340.14	295.99	1330.36	1118.70
(e) Employee benefits expense	132.44	128.81	131.33	475.10	437.93
(f) Finance costs	26.75	11.12	28.22	94.00	75.72
(g) Depreciation and amortisation expense	36.42	36.25	32.11	144.18	126.16
(h) Other expenses	185.69	167.52	187.53	683.00	636.80
Total expenses	1618.35	1714.58	1676.27	7309.02	6527.92
4 Profit/(loss) from continuing operations before exceptional items and tax	220.42	123.84	253.56	364.05	320.48
5 Exceptional items (net) - income/(expense) (refer note 4)	8.34	(22.40)	-	(14.06)	-
6 Profit/(loss) from continuing operations before tax	228.76	101.44	253.56	349.99	320.48
7 Tax expense
(a) Current tax	0.51	28.01	52.59	38.62	74.75
(b) Deferred tax	60.87	(3.26)	15.15	52.81	10.21
Total tax expense	61.38	24.75	67.74	91.43	84.96
8 Profit/(loss) from continuing operations after tax	167.38	76.69	185.82	258.56	235.52
9 Profit/(loss) from discontinued operations	-	-	-	-	-
10 Tax expense of discontinued operations	-	-	-	-	-
11 Profit/(loss) from discontinued operations (after tax)	-	-	-	-	-
12 Profit/(loss) for the period	167.38	76.69	185.82	258.56	235.52
13 Other comprehensive income
A (i) Items that will not be reclassified to profit or loss	4.77	(0.07)	(1.36)	5.50	(7.60)
A (ii) Income tax relating to items that will not be reclassified to profit or loss	1.20	(0.02)	(0.38)	1.38	(1.18)
B (i) Items that will be reclassified to profit or loss	(2.20)	0.46	0.81	(2.75)	(0.29)
B (ii) Income tax relating to items that will be reclassified to profit or loss	(0.55)	0.11	0.20	(0.69)	(0.07)
Other comprehensive income for the period, net of tax	1.92	0.30	(0.37)	2.06	(6.64)
14 Total comprehensive income for the period	169.30	76.99	185.45	260.62	228.88
15 Paid up equity share capital (lace value ₹1/-)	21.89	21.89	21.89	21.89	21.89
16 Other equity				3298.55	3125.49
17 Earnings/(loss) per share of ₹1/- each (not annualised)
(a) Basic (in ₹)	7.60	3.48	8.43	11.73	10.70
(b) Diluted (in ₹)	7.60	3.48	8.43	11.73	10.70
18 Capital redemption reserve	7.88	7.88	7.88	7.88	7.88
19 Net worth	3213.97	3097.56	3060.73	3213.97	3060.73
20 Ratios (refer note 6)
(a) Debt equity ratio	0.64	0.32	0.60	0.64	0.60
(b) Debt service coverage ratio	4.25	3.65	4.52	2.49	2.10
(c) Interest service coverage ratio	8.62	11.16	8.72	5.28	5.78
(d) Current ratio	1.49	1.81	1.45	1.49	1.45
(e) Long term debt to working capital	0.30	0.36	0.36	0.30	0.36
(f) Bad debts to accounts receivable ratio (not annualised)	0.00	0.00	0.00	0.01	(0.00)
(g) Current liability ratio	0.84	0.72	0.84	0.84	0.84
(h) Total debts to total assets	0.33	0.20	0.31	0.33	0.31
(i) Debtor turnover (not annualised)	3.42	3.31	4.28	14.30	16.00
(j) Inventory turnover (not annualised)	0.65	1.10	0.74	2.20	2.21
(k) Operating margin (%)	16%	8%	17%	6%	6%
(l) Net profit margin (%)	11%	5%	11%	4%	4%

See accompanying notes to the standalone financial results

TRIVENI ENGINEERING & INDUSTRIES LIMITED

Standalone Audited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Year ended March 31, 2026

(€ in crores)

Particulars	3 Months ended			Year ended
	31/Mar/2026 (Audited) (refer note 7)	31/Dec/2025 (Unaudited)	31/Mar/2025 (Audited) (refer note 7)	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)
1 Segment Revenue
(a) Sugar & Allied Businesses
Sugar	1051.66	1040.80	1078.69	4476.60	3966.95
Distillery	658.29	734.66	747.54	2882.79	2592.19
	1709.95	1775.46	1826.23	7359.39	6559.14
(b) Engineering Businesses
Power transmission	99.86	79.86	139.59	339.94	369.89
Water	98.41	61.23	93.66	268.14	233.38
	198.27	141.09	233.25	608.08	603.27
(c) Others	54.05	58.59	52.11	219.00	199.80
Total Segment revenue	1962.27	1975.14	2111.59	8186.47	7362.21
Less: Inter segment revenue	128.58	157.09	186.68	565.99	555.13
Total Revenue from operations	1833.69	1818.05	1924.91	7620.48	6807.08
2 Segment Results
(a) Sugar & Allied Businesses
Sugar	189.41	87.35	223.58	271.96	266.50
Distillery	37.49	31.03	23.35	119.34	39.67
	226.90	118.38	246.93	391.30	306.17
(b) Engineering Businesses
Power transmission	33.73	28.69	46.45	120.43	126.80
Water	14.60	3.59	13.16	23.29	34.28
	48.33	32.28	59.61	143.72	161.08
(c) Others	(0.27)	0.19	0.48	0.07	-
Total Segment results	274.96	150.85	307.02	535.09	467.25
Less:
(i) Finance costs	26.75	11.12	28.22	94.00	75.72
(ii) Exceptional items (net) - (income)/expense (refer note 4)	(8.34)	22.40	-	14.06	-
(iii) Other unallocable expenditure net of unallocable income	27.79	15.89	25.24	77.04	71.05
Total Profit /(loss) before tax	228.76	101.44	253.56	349.99	320.48
3 Segment Assets
(a) Sugar & Allied Businesses
Sugar	3740.46	2587.78	3738.57	3740.46	3738.57
Distillery	1517.26	1359.64	1358.35	1517.26	1358.35
	5257.72	3947.42	5096.92	5257.72	5096.92
(b) Engineering Businesses
Power transmission	542.16	504.24	372.66	542.16	372.66
Water	409.93	434.09	447.13	409.93	447.13
	952.09	938.33	819.79	952.09	819.79
(c) Others	10.53	9.05	9.47	10.53	9.47
Total Segment assets	6220.34	4894.80	5926.18	6220.34	5926.18
Add: Unallocable assets	203.40	234.51	180.67	203.40	180.67
Total Assets	6423.74	5129.31	6106.85	6423.74	6106.85
4 Segment Liabilities
(a) Sugar & Allied Businesses
Sugar	409.80	355.17	523.72	409.80	523.72
Distillery	96.47	106.19	114.76	96.47	114.76
	506.27	461.36	638.48	506.27	638.48
(b) Engineering Businesses
Power transmission	125.14	106.48	103.93	125.14	103.93
Water	174.21	150.58	168.47	174.21	168.47
	299.35	257.06	272.40	299.35	272.40
(c) Others	2.13	1.88	2.28	2.13	2.28
Total Segment liabilities	807.75	720.30	913.16	807.75	913.16
Add: Unallocable liabilities	2295.55	1225.22	2046.31	2295.55	2046.31
Total Liabilities	3103.30	1945.52	2959.47	3103.30	2959.47

Standalone Statement of Assets and Liabilities

(₹ in crores)

| Particulars | As at
31/Mar/2026
(Audited) | As at
31/Mar/2025
(Audited) |
| --- | --- | --- |
| ASSETS | | |
| 1 Non-current assets | | |
| (a) Property, plant and equipment | 2387.21 | 2319.79 |
| (b) Capital work-in-progress | 13.99 | 31.60 |
| (c) Investment property | 2.79 | 3.75 |
| (d) Other intangible assets | 1.46 | 2.40 |
| (e) Financial assets | | |
| (i) Investments | 62.04 | 63.37 |
| (ii) Trade receivables | 0.82 | 0.82 |
| (iii) Loans | 30.42 | 29.09 |
| (iv) Other financial assets | 18.22 | 23.84 |
| (f) Other non-current assets | 20.46 | 36.42 |
| | 2537.41 | 2511.08 |
| 2 Current assets | | |
| (a) Inventories | 2985.99 | 2737.81 |
| (b) Financial assets | | |
| (i) Trade receivables | 551.78 | 512.65 |
| (ii) Cash and cash equivalents | 45.68 | 37.78 |
| (iii) Bank balance other than cash and cash equivalents | 8.06 | 1.94 |
| (iv) Loans | 0.59 | 1.50 |
| (v) Other financial assets | 17.73 | 13.49 |
| (c) Other current assets | 276.50 | 290.60 |
| | 3886.33 | 3595.77 |
| TOTAL - ASSETS | 6423.74 | 6106.85 |
| EQUITY AND LIABILITIES | | |
| EQUITY | | |
| (a) Equity share capital | 21.89 | 21.89 |
| (b) Other equity | 3298.55 | 3125.49 |
| | 3320.44 | 3147.38 |
| LIABILITIES | | |
| 1 Non-current liabilities | | |
| (a) Financial liabilities | | |
| (i) Borrowings | 265.35 | 329.17 |
| (ii) Lease liabilities | 8.48 | 8.13 |
| (b) Provisions | 35.94 | 29.85 |
| (c) Deferred tax liabilities (net) | 154.66 | 101.16 |
| (d) Other non-current liabilities | 26.21 | 17.97 |
| | 490.64 | 486.28 |
| 2 Current liabilities | | |
| (a) Financial liabilities | | |
| (i) Borrowings | 1817.87 | 1562.33 |
| (ii) Lease liabilities | 6.41 | 2.88 |
| (iii) Trade payables | | |
| - total outstanding dues of micro enterprises and small enterprises | 9.68 | 8.55 |
| - total outstanding dues of creditors other than micro enterprises and small enterprises | 434.64 | 550.91 |
| (iv) Other financial liabilities | 99.56 | 114.41 |
| (b) Other current liabilities | 158.14 | 147.75 |
| (c) Provisions | 86.36 | 83.50 |
| (d) Current tax liabilities (net) | - | 2.86 |
| | 2612.66 | 2473.19 |
| TOTAL- EQUITY AND LIABILITIES | 6423.74 | 6106.85 |

Standalone Statement of Cash Flows

(₹ in crores)

Particulars	Year ended 31/Mar/2026 (Audited)	Year ended 31/Mar/2025 (Audited)
Cash flows from operating activities
Profit before tax	349.99	320.48
Adjustments for:
Depreciation and amortisation expense	144.18	126.16
Bad debts written off - trade receivables carried at amortised cost	5.18	1.00
Impairment loss allowance on trade receivables and other financial assets (net of reversals)	(1.66)	(1.04)
Bad debts written off - non financial assets	1.70	0.04
Impairment loss allowance on non financial assets (net of reversals)	(2.43)	(7.45)
Provision for non moving/obsolete inventory (net of reversals)	1.15	0.27
Loss on sale/write off of inventory	0.13	0.29
Net fair value (gains)/losses on investments	1.27	(1.18)
Mark-to-market (gains)/losses on derivatives	0.44	(0.06)
Credit balances written back	(7.73)	(1.57)
Financial guarantee commission income	(0.30)	(0.32)
Profit on sale of investment property	(0.32)	(1.11)
Unrealised (gains)/losses from changes in foreign exchange rates	(0.46)	0.29
Loss on sale/write off/impairment of property, plant and equipment	2.26	3.38
Net (profit)/loss on sale/redemption of investments	-	(0.28)
Interest income	(8.02)	(8.10)
Dividend income	(0.08)	(0.06)
Finance costs	94.00	75.72
Working capital adjustments:
Change in inventories	(249.45)	(289.71)
Change in trade receivables	(43.78)	(172.36)
Change in other financial assets	(1.71)	(0.01)
Change in other assets	15.71	(41.39)
Change in trade payables	(108.38)	(65.43)
Change in other financial liabilities	(8.47)	5.15
Change in other liabilities	15.73	18.42
Change in provisions	14.46	14.71
Cash generated from/(used in) operations	213.41	(24.16)
Income tax paid (net)	(37.92)	(81.43)
Net cash inflow/(outflow) from operating activities	175.49	(105.59)
Cash flows from investing activities
Purchase of property, plant and equipment and intangible assets	(182.89)	(299.57)
Proceeds from sale of property, plant and equipment	0.97	1.74
Advance received against assets held for sale	3.55	0.93
Investments in subsidiaries	(0.12)	(51.16)
Proceeds from disposal/redemption of investments (other than subsidiaries and joint venture)	0.05	0.47
Proceeds from sale of investment property	-	1.47
Loan to subsidiaries	(5.40)	(1.00)
Repayment of loan by subsidiaries	5.00	-
Decrease/(increase) in deposits with banks	(6.10)	(1.24)
Interest received	13.48	4.91
Dividend received	0.08	0.06
Net cash inflow/(outflow) from investing activities	(171.38)	(343.39)
Cash flows from financing activities
Proceeds from long term borrowings	78.56	231.11
Repayments of long term borrowings	(99.62)	(126.89)
Increase/(decrease) in short term borrowings	212.67	416.04
Interest paid (other than on lease liabilities)	(92.74)	(75.11)
Payment of lease liabilities (interest portion)	(1.27)	(0.99)
Payment of lease liabilities (principal portion)	(6.15)	(5.92)
Dividend paid	(87.56)	(27.36)
Net cash inflow/(outflow) from financing activities	3.89	410.88
Net increase/(decrease) in cash and cash equivalents	8.00	(38.10)
Effect of exchange differences on translation of foreign currency cash and cash equivalents	(0.10)	0.15
Cash and cash equivalents at the beginning of the year	37.78	71.11
Cash and cash equivalents acquired on amalgamation (refer note 3)	-	4.62
Cash and cash equivalents at the end of the year	45.68	37.78

Noida

Notes to the Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026

The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('Ind AS') notified under section 133 of the Companies Act, 2013, Companies (Indian Accounting Standards) Rules, 2015 (as amended) and relevant guidelines issued by the Securities and Exchange Board of India (SEBI).
In view of the seasonality of the Sugar Business, the performance results may vary from quarter to quarter.
The Hon'ble National Company Law Tribunal, Allahabad Bench ('Hon'ble NCLT') vide its orders dated May 7, 2026 and May 18, 2026 has approved the Composite Scheme of Arrangement ('the Scheme') amongst Triveni Engineering & Industries Limited ('TEIL/the Company'), Sir Shadi Lal Enterprises Limited ('SSEL') and Triveni Power Transmission Limited ('TPTL'). Certified copies of Hon'ble NCLT's orders were filed with the Registrar of Companies on May 19, 2026 ('Effective date'). In accordance with the Scheme, SSEL has been amalgamated with TEIL w.e.f. the amalgamation appointed date of April 1, 2025 and demerger of Power Transmission Business undertaking (PTB undertaking) of TEIL and its vesting in TPTL as a going concern, shall be given effect to w.e.f. the demerger appointed date of April 1, 2026, as approved by Hon'ble NCLT.

As a consideration for the amalgamation of SSEL, a subsidiary of the Company w.e.f. June 20, 2024, equity shares of face value of ₹ 1 each are to be issued to the shareholders of SSEL (other than the Company) by the Company, in the fair equity share exchange ratio of 100 equity shares of face value of ₹ 1 each of the Company for every 137 equity shares of face value of ₹ 10 each of SSEL. The Company has accounted for the amalgamation in accordance with Pooling of Interest method as laid down in Appendix C of Ind AS 103 'Business Combinations' and as specified in the Scheme. All assets, liabilities and reserves of SSEL are recorded at their carrying values as at amalgamation appointed date of April 1, 2025, as appearing in the consolidated financial statements of the Company. The difference between the carrying values of net assets (including reserves) acquired and the aggregate value of investment cancelled and consideration in the form of issuance of equity shares, has been recognised as capital reserve. The figures of the comparative financial period(s) have been restated as if the amalgamation had occurred from the date of acquisition of SSEL (i.e. June 20, 2024) and resultantly, the figures for the year ended March 31, 2026 are not comparable with the year ended March 31, 2025.

As a consideration for the demerger of PTB undertaking, equity shares of face value of ₹ 2 each are to be issued to the shareholders of the Company by TPTL, in the fair equity share entitlement ratio of 1 equity share of face value of ₹ 2 each of TPTL for every 3 equity shares of face value of ₹ 1 each of the Company. As the Hon'ble NCLT's approval was received after March 31, 2026 and the appointed date for demerger is April 1, 2026, the demerger is treated as a non-adjusting event for the financial year ended March 31, 2026. The assets, liabilities and specific reserves of PTB undertaking continue to be recognised in the financial statements of the Company as of March 31, 2026 and accounting impact of demerger will be given in the next financial year 2026-27.

Effective November 21, 2025, the Government of India has notified four Labour Codes ('New Labour Codes'), which have consolidated and replaced 29 existing labour laws. Based on information available and professional advice obtained, the Company has re-assessed and accounted for a liability of ₹ 14.06 crores towards the employee benefits obligations for past services rendered and disclosed the same as an exceptional item in its financial results. The Company continues to monitor the developments in this respect including further clarifications from the State/ Central Government and will account for such developments, as required.
The Board of Directors of the Company has recommended a final dividend of 125% (₹ 1.25 per equity share of the face value of ₹ 1 each) for the financial year 2025-26, which is subject to the shareholder's approval in the ensuing annual general meeting. During the year, the Company had paid an interim dividend of 150% (₹ 1.50 per equity share of the face value of ₹ 1 each).

Commercial papers issued by the Company are listed on the National Stock Exchange and the outstanding amount as on March 31, 2026 was ₹ 100 crores. The financial ratios as prescribed under regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed in the financial results above. The formulae used in the computation of the ratios are as under:

Ratio	Formulae used
	Numerator	Denominator
Debt equity ratio	Borrowings and lease liabilities	Equity
Debt service coverage ratio	Profit after tax plus finance costs, depreciation and amortization expense	Repayment of long term borrowings and lease liabilities (excluding prepayments) and finance costs
Interest service coverage ratio	Profit after tax plus finance costs, depreciation and amortization expense	Finance costs
Current ratio	Current assets	Current liabilities
Long term debt to working capital	Long term borrowings (including current maturities of long-term borrowings) and lease liabilities	Current assets less current liabilities (excluding current maturities of long term borrowings and current lease liabilities)
Bad debts to accounts receivable ratio	Bad debts including provision for doubtful debts (net)	Average gross trade receivables
Current liability ratio	Current liabilities	Total liabilities
Total debts to total assets	Borrowings and lease liabilities	Total assets
Debtor turnover	Revenue from operations (gross)	Average trade receivables
Inventory turnover	Revenue from operations (net of excise duty)	Average inventories
Operating margin (%)	Earnings before finance costs, taxes, other income and exceptional items	Revenue from operations (net of excise duty)
Net profit margin (%)	Profit after tax	Revenue from operations (net of excise duty)

The figures of the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the limited reviewed published year to date figures up to the third quarter of the respective financial year(s), and have been restated to give effect to the Scheme (refer note 3 above).
The figures of the previous year under various heads have been regrouped to the extent necessary.
The above audited standalone financial results of the Company for the quarter and year ended March 31, 2026 have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 29, 2026. The results have been subjected to audit by the Statutory Auditors of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, who have issued an unmodified opinion on the same.

For Triveni Engineering & Industries Limited

DHRUV Digitally signed by
DHRUV MANMOHAN
MANMOHA SAWHNEY
Date:2026.05.29 15:12:59 +05'30'

N SAWHNEY

Dhruv M. Sawhney
Chairman & Managing Director

Place : Noida
Date : May 29, 2026

INDEPENDENT AUDITOR'S REPORT on Audited Consolidated Financial Results of the Triveni Engineering & Industries Limited for the quarter and year ended March 31, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

TO THE BOARD OF DIRECTORS OF TRIVENI ENGINEERING & INDUSTRIES LIMITED

Report on the audit of the Consolidated Financial Results

Opinion

We have audited the accompanying statement of Consolidated Financial Results of Triveni Engineering & Industries Limited (hereinafter referred to as the “Holding Company”) and its subsidiaries (Holding Company and its subsidiaries together referred to as “the Group”) and its share of the net loss after tax and total comprehensive income of its joint venture for the quarter and year ended March 31, 2026, (“the Statement”), being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the audit reports of the other auditors on separate financial statements of subsidiaries referred to in other matters paragraph below, the Statement:

a. includes the results of the following entities:

I. Subsidiaries
a. Triveni Engineering Limited
b. Triveni Energy Systems Limited
c. Triveni Entertainment Limited
d. Triveni Sugar Limited
e. Triveni Industries Limited
f. Svastida Projects Limited
g. United Shippers & Dredgers Limited
h. Gaurangi Enterprises Limited
i. Mathura Wastewater Management Private Limited
j. Pali ZLD Private Limited
k. Triveni Power Transmission Limited (TPTL)
l. Triveni Power Transmission GmbH (w.e.f. November 04, 2025, Subsidiary of TPTL)

II. Joint Venture
a. Triveni Sports Private Limited
b. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and gives a true and fair view, in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under section 133 of the Companies

SEBI
SEMI-METHAN EDUCATION
SEMI-PROFESSIONAL
SEMI-TRIVENI ENGINEERING & INDUSTRIES LIMITED

Plot No. 68, Okhla industrial Area, Phase-III, New Delhi-110020
Tel: +91-11-4670 8888 E-mail: [email protected]
www.sskmin.com

S S KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

Act, 2013 (“the Act”) read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the consolidated net profit after tax and other comprehensive income and other financial information of the Group and its share of the net loss after tax and total comprehensive income of its joint venture for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group and its joint venture in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in “Other Matters” paragraph below, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to Note 3 to the Statement with respect to the amalgamation of Sir Shadi Lal Enterprises Limited (SSEL) with the Company during the year ended March 31, 2026 in accordance with the Composite Scheme of Arrangement (“the Scheme”) approved by NCLT vide its orders dated May 7, 2026 and May 18, 2026, which are filed by the Company with the Register of Companies (ROC), Uttar Pradesh on May 19, 2026. The amalgamation has been accounted by the Company by restating the financial information in the Statement in respect of prior periods as per the requirement of Indian Accounting Standards.

Our opinion is not modified in respect of the above matter.

Management’s Responsibilities for the Consolidated Financial Results

The Statement has been prepared on the basis of consolidated annual financial statements.

The Holding Company’s Board of Directors are responsible for the preparation and presentation of this Statement that give a true and fair view of the net profit and other comprehensive income and other financial information of the Group and its joint venture in accordance with, the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.

The respective Board of Directors of the companies included in the Group and of its joint venture, are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act, for safeguarding of the assets of the Group and its joint venture and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively, for ensuring the accuracy and completeness of the accounting

S S KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

records, relevant to the preparation and presentation of the Statement, that give a true and fair view and are free from material misstatement, whether due to fraud or error which have been used for the purpose of preparation of the Statement by the Directors of the Holding Company, as aforesaid.

In preparing the Statement, the respective Board of Directors of the companies included in the Group and of its joint venture are responsible for assessing the ability of the Group and its joint venture to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the respective Board of Directors either intends to liquidate the Group and its joint venture or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group and of its joint venture are responsible for overseeing the financial reporting process of the respective companies of the Group and its joint venture.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Group and its joint venture has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its joint venture to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our

S S KOTHARI MEHTA & CO. LLP
NEW DRAFT

S S KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group and its joint venture to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group and its joint venture to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

We communicate with those charged with governance of the Holding Company and such other entities included in the consolidated financial statements of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a Statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, to the extent applicable.

Other Matters

i. The Statement includes the audited financial results of eight subsidiaries, whose financial statements reflect total assets of Rs. 22.44 crores as at March 31, 2026, total revenue (including other income) of Rs. 0.05 crores and Rs. 0.21 crores and total net profit/(loss) after tax of Rs. (-) 0.04 crores and Rs. 0.01 crores, total comprehensive income of Rs. (-) 0.04 crores and Rs. 0.01 crores for the quarter and year ended March 31, 2026 respectively and net cash outflows of Rs. 0.04 crores for the year ended March 31, 2026 as considered in the Statement. These financial statements have been audited by the other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial statements, in so far as it relates to the amounts and disclosures included in respect of aforesaid subsidiaries is based solely on the report of other auditors.

The Statement also includes the Group’s share of net loss after tax of Rs. 0.30 crores and Rs. 1.28 crores and total comprehensive income of Rs. (-) 0.30 crores and Rs. (-) 1.28 crores for the quarter and year ended March 31, 2026 respectively, in respect of the joint venture. The financial statements of the joint venture have been audited by the other auditor whose report have been furnished to us by the management

S S KOTHARI MEHTA & CO. LLP
NEW DELHI
A Chartered Accountant

S S KOTHARI MEHTA & CO. LLP

and our opinion on the consolidated financial statements, in so far as it relates to the amounts and disclosures included in respect of aforesaid joint venture is based solely on the report of other auditor.

Our opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors.

ii. The Statement includes the results for the quarter ended December 31, 2025 which was subject to a limited review by us, as required under the Listing Regulations and have been restated to give effect to the Scheme.

ii. The Statement includes the results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year to date figures up to the end of third quarter of current financial year, which were subject to a limited review by us, as required under the Listing Regulations and have been restated to give effect the Scheme.

For S S KOTHARI MEHTA & CO LLP

Chartered Accountants

Firm Reg. No.: 00756N/N500441

Vijay Kumar

Partner

Membership No. - 092671

UDIN: 26092671UQOHUF1910

Place: New Delhi

Date: May 29,2026

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, U.P - 201 301

CIN: L15421UP1932PLC022174

Statement of Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2026

(₹ in crores, except per share data)

Particulars	3 Months ended			Year ended
	31/Mar/2026
(Audited)
(refer note 8)	31/Dec/2025
(Unaudited)	31/Mar/2025
(Audited)
(refer note 8)	31/Mar/2026
(Audited)	31/Mar/2025
(Audited)
1 Revenue from operations	1833.65	1818.28	1925.28	7620.85	6807.94
2 Other income	8.50	24.11	9.25	76.18	57.64
Total income	1842.15	1842.39	1934.53	7697.03	6865.58
3 Expenses
(a) Cost of materials consumed	2134.18	1677.64	2173.82	4687.82	4332.59
(b) Purchases of stock-in-trade	8.02	8.18	7.86	24.67	27.08
(c) Changes in inventories of finished goods, stock-in-trade and work-in-progress	(1230.82)	(655.10)	(1180.58)	(130.11)	(227.06)
(d) Excise duty on sale of goods	325.67	340.14	295.99	1330.36	1118.70
(e) Employee benefits expense	132.51	125.23	131.38	475.37	438.52
(f) Finance costs	28.02	12.53	30.11	100.20	83.45
(g) Depreciation and amortisation expense	36.41	36.25	32.11	144.16	126.16
(h) Other expenses	186.86	171.36	188.69	685.08	642.00
Total expenses	1620.85	1716.23	1679.38	7317.55	6541.44
4 Profit/(loss) from continuing operations before share of profit/(loss) of joint venture, exceptional items and tax	221.30	126.16	255.15	379.48	324.14
5 Share of profit/(loss) of joint venture	(0.30)	(0.91)	0.02	(1.28)	0.09
6 Profit/(loss) from continuing operations before exceptional items and tax	221.00	125.25	255.17	378.20	324.23
7 Exceptional items (net) - income/(expense) (refer note 4)	8.34	(22.40)	-	(14.06)	-
8 Profit/(loss) from continuing operations before tax	229.34	102.85	255.17	364.14	324.23
9 Tax expense
(a) Current tax	0.99	28.58	52.93	42.87	75.75
(b) Deferred tax	60.90	(3.51)	15.12	52.56	10.22
Total tax expense	61.89	25.07	68.05	95.43	85.97
10 Profit/(loss) from continuing operations after tax	167.45	77.78	187.12	268.71	238.26
11 Profit/(loss) from discontinued operations	-	-	-	-	-
12 Tax expense of discontinued operations	-	-	-	-	-
13 Profit/(loss) from discontinued operations (after tax)	-	-	-	-	-
14 Profit/(loss) for the period	167.45	77.78	187.12	268.71	238.26
Profit/(loss) for the period attributable to :
(a) Owners of the Company	167.45	77.78	183.00	268.71	243.19
(b) Non-controlling interests	-	-	4.12	-	(4.93)
15 Other comprehensive income
A (i) Items that will not be reclassified to profit or loss	4.77	(0.07)	(1.36)	5.50	(7.60)
A (ii) Income tax relating to items that will not be reclassified to profit or loss	1.20	(0.02)	(0.57)	1.38	(1.18)
B (i) Items that will be reclassified to profit or loss	(2.20)	0.46	0.81	(2.75)	(0.29)
B (ii) Income tax relating to items that will be reclassified to profit or loss	(0.55)	0.11	0.39	(0.69)	(0.07)
Other comprehensive income for the period, net of tax	1.92	0.30	(0.37)	2.06	(6.64)
Other comprehensive income for the period, net of tax attributable to:
(a) Owners of the Company	1.92	0.30	(0.34)	2.06	(6.34)
(b) Non-controlling interests	-	-	(0.03)	-	(0.30)
16 Total comprehensive income for the period	169.37	78.08	186.75	270.77	231.62
Total comprehensive income for the period attributable to:
(a) Owners of the Company	169.37	78.08	182.66	270.77	236.85
(b) Non-controlling interests	-	-	4.09	-	(5.23)
17 Paid up equity share capital (face value ₹ 1/-)	21.89	21.89	21.89	21.89	21.89
18 Other equity				3320.94	3089.28
19 Earnings/(loss) per share of ₹ 1/- each (not annualised)
(a) Basic (in ₹)	7.60	3.53	8.55	12.19	10.88
(b) Diluted (in ₹)	7.60	3.53	8.55	12.19	10.88
20 Capital redemption reserve	7.88	7.88	7.88	7.88	7.88
21 Net worth	3258.11	3168.01	3121.14	3258.11	3121.14
22 Ratios (refer note 6)
(a) Debt equity ratio	0.65	0.34	0.63	0.65	0.63
(b) Debt service coverage ratio	4.04	3.31	4.23	2.40	1.99
(c) Interest service coverage ratio	8.28	10.10	8.28	5.12	5.37
(d) Current ratio	1.49	1.82	1.46	1.49	1.46
(e) Long term debt to working capital	0.33	0.40	0.41	0.33	0.41
(f) Bad debts to accounts receivable ratio (not annualised)	0.00	0.00	0.00	0.01	(0.00)
(g) Current liability ratio	0.82	0.70	0.81	0.82	0.81
(h) Total debts to total assets	0.33	0.21	0.32	0.33	0.32
(i) Debtor turnover (not annualised)	2.67	2.58	3.16	11.14	11.58
(j) Inventory turnover (not annualised)	0.65	1.10	0.74	2.20	2.21
(k) Operating margin (%)	16%	8%	17%	6%	6%
(l) Net profit margin (%)	11%	5%	11%	4%	4%

See accompanying notes to the consolidated financial results

Noida

Consolidated Audited Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Year ended March 31, 2026

(€ in crores)

Particulars	3 Months ended			Year ended
	31/Mar/2026 (Audited) (refer note 8)	31/Dec/2025 (Unaudited)	31/Mar/2025 (Audited) (refer note 8)	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)
1 Segment Revenue
(a) Sugar & Allied Businesses
Sugar	1051.66	1040.80	1078.69	4476.60	3966.95
Distillery	658.29	734.66	747.54	2882.79	2592.19
	1709.95	1775.46	1826.23	7359.39	6559.14
(b) Engineering Businesses
Power transmission	99.86	79.86	139.59	339.94	369.88
Water	98.37	61.46	94.02	268.51	234.24
	198.23	141.32	233.61	608.45	604.12
(c) Others	54.05	58.59	52.11	219.00	199.80
Total Segment revenue	1962.23	1975.37	2111.95	8186.84	7363.06
Less: Inter segment revenue	128.58	157.09	186.67	565.99	555.12
Total Revenue from operations	1833.65	1818.28	1925.28	7620.85	6807.94
2 Segment Results
(a) Sugar & Allied Businesses
Sugar	189.41	87.35	223.58	271.96	266.50
Distillery	37.49	31.03	23.34	119.34	39.67
	226.90	118.38	246.92	391.30	306.17
(b) Engineering Businesses
Power transmission	33.73	28.69	46.45	120.43	126.80
Water	14.26	3.56	13.07	30.99	32.78
	47.99	32.25	59.52	151.42	159.58
(c) Others	(0.27)	0.19	0.48	0.07	-
Total Segment results	274.62	150.82	306.92	542.79	465.75
Less:
(i) Finance costs	28.02	12.53	30.11	100.20	83.45
(ii) Exceptional items (net) - (income)/expense (refer note 4)	(8.34)	22.40	-	14.06	-
(iii) Share of (profit)/loss of joint venture	0.30	0.91	(0.02)	1.28	(0.09)
(iv) Other unallocable expenditure net of unallocable income	25.30	12.13	21.66	63.11	58.16
Total Profit/(loss) before tax	229.34	102.85	255.17	364.14	324.23
3 Segment Assets
(a) Sugar & Allied Businesses
Sugar	3740.46	2587.78	3738.57	3740.46	3738.57
Distillery	1517.26	1359.64	1358.35	1517.26	1358.35
	5257.72	3947.42	5096.92	5257.72	5096.92
(b) Engineering Businesses
Power transmission	542.16	504.24	372.66	542.16	372.66
Water	573.39	600.33	617.01	573.39	617.01
	1115.55	1104.57	989.67	1115.55	989.67
(c) Others	10.53	9.05	9.48	10.53	9.48
Total Segment assets	6383.80	5061.04	6096.07	6383.80	6096.07
Add: Unallocable assets	137.39	168.83	146.10	137.39	146.10
Total Assets	6521.19	5229.87	6242.17	6521.19	6242.17
4 Segment Liabilities
(a) Sugar & Allied Businesses
Sugar	409.80	355.17	523.72	409.80	523.72
Distillery	96.47	106.19	114.76	96.47	114.76
	506.27	461.36	638.48	506.27	638.48
(b) Engineering Businesses
Power transmission	125.14	106.48	103.93	125.14	103.93
Water	187.08	163.26	182.42	187.08	182.42
	312.22	269.74	286.35	312.22	286.35
(c) Others	2.13	1.88	2.28	2.13	2.28
Total Segment liabilities	820.62	732.98	927.11	820.62	927.11
Add: Unallocable liabilities	2357.74	1290.79	2155.44	2357.74	2155.44
Total Liabilities	3178.36	2023.77	3082.55	3178.36	3082.55

Consolidated Statement of Assets and Liabilities

| Particulars | As at
31/Mar/2026
(Audited) | As at
31/Mar/2025
(Audited) |
| --- | --- | --- |
| ASSETS | | |
| 1 Non-current assets | | |
| (a) Property, plant and equipment | 2385.86 | 2319.79 |
| (b) Capital work-in-progress | 13.99 | 31.60 |
| (c) Investment property | 10.34 | 11.30 |
| (d) Goodwill | 0.68 | 0.68 |
| (e) Other intangible assets | 1.46 | 2.40 |
| (f) Investments accounted for using equity method | 1.49 | 2.77 |
| (g) Financial assets | | |
| (i) Investments | 5.69 | 7.01 |
| (ii) Trade receivables | 138.68 | 149.73 |
| (iii) Loans | 0.02 | 0.09 |
| (iv) Other financial assets | 23.01 | 23.12 |
| (h) Deferred tax assets (net) | 0.40 | 33.29 |
| (i) Other non-current assets | 21.01 | 38.35 |
| | 2602.63 | 2620.13 |
| 2 Current assets | | |
| (a) Inventories | 2985.99 | 2737.81 |
| (b) Financial assets | | |
| (i) Trade receivables | 559.47 | 519.81 |
| (ii) Cash and cash equivalents | 55.22 | 46.08 |
| (iii) Bank balance other than cash and cash equivalents | 15.12 | 8.65 |
| (iv) Loans | 0.59 | 0.50 |
| (v) Other financial assets | 20.02 | 16.59 |
| (c) Other current assets | 282.15 | 292.60 |
| | 3918.56 | 3622.04 |
| TOTAL - ASSETS | 6521.19 | 6242.17 |
| EQUITY AND LIABILITIES | | |
| EQUITY | | |
| (a) Equity share capital | 21.89 | 21.89 |
| (b) Other equity | 3320.94 | 3089.28 |
| Equity attributable to owners of the Company | 3342.83 | 3111.17 |
| Non-controlling interests | | 48.45 |
| | 3342.83 | 3159.62 |
| LIABILITIES | | |
| 1 Non-current liabilities | | |
| (a) Financial liabilities | | |
| (i) Borrowings | 321.30 | 397.27 |
| (ii) Lease liabilities | 7.28 | 8.13 |
| (b) Provisions | 35.94 | 29.85 |
| (c) Deferred tax liabilities (net) | 155.12 | 134.76 |
| (d) Other non-current liabilities | 37.31 | 30.14 |
| | 556.95 | 600.15 |
| 2 Current liabilities | | |
| (a) Financial liabilities | | |
| (i) Borrowings | 1826.11 | 1571.76 |
| (ii) Lease liabilities | 6.32 | 2.88 |
| (iii) Trade payables | | |
| - total outstanding dues of micro enterprises and small enterprises | 9.68 | 8.55 |
| - total outstanding dues of creditors other than micro enterprises and small enterprises | 436.01 | 550.99 |
| (iv) Other financial liabilities | 97.50 | 111.75 |
| (b) Other current liabilities | 159.38 | 150.09 |
| (c) Provisions | 86.36 | 83.50 |
| (d) Current tax liabilities (net) | 0.05 | 2.88 |
| | 2621.41 | 2482.40 |
| TOTAL- EQUITY AND LIABILITIES | 6521.19 | 6242.17 |

100

Consolidated Statement of Cash Flows

| Particulars | Year ended
31-Mar-2026
(Audited) | Year ended
31-Mar-2025
(Audited) |
| --- | --- | --- |
| Cash flows from operating activities | | |
| Profit before tax | 364.14 | 324.23 |
| Adjustments for : | | |
| Share of net (profit)/loss of joint venture accounted for using the equity method | 1.28 | (0.09) |
| Depreciation and amortisation expense | 144.16 | 126.16 |
| Bad debts written off - trade receivables carried at amortised cost | 5.18 | 1.00 |
| Impairment loss allowance on trade receivables and other financial assets (net of reversals) | (1.66) | (1.04) |
| Bad debts written off - non financial assets | 1.70 | 0.04 |
| Impairment loss allowance on non financial assets (net of reversals) | (2.43) | (7.45) |
| Provision for non moving/obsolete inventory (net of reversals) | 1.15 | 0.28 |
| Loss on sale/write off of inventory | 0.13 | 0.29 |
| Net fair value (gains)/losses on investments | 1.27 | (1.18) |
| Mark-to-market (gains)/losses on derivatives | 0.44 | (0.06) |
| Credit balances written back | (7.73) | (1.57) |
| Profit on disposal of investment property | (0.52) | (1.39) |
| Unrealised (gains)/losses from changes in foreign exchange rates | (0.46) | 0.29 |
| Loss on sale/write off/impairment of property, plant and equipment | 2.26 | 3.38 |
| Net (profit)/loss on sale/redemption of investments | - | (0.28) |
| Interest income | (23.06) | (24.42) |
| Dividend income | (0.08) | (0.06) |
| Finance costs | 100.20 | 83.45 |
| Working capital adjustments : | | |
| Change in inventories | (249.45) | (289.72) |
| Change in trade receivables | (33.28) | (160.01) |
| Change in other financial assets | 0.64 | 1.83 |
| Change in other assets | 12.04 | (49.60) |
| Change in trade payables | (107.09) | (65.41) |
| Change in other financial liabilities | (8.29) | 5.14 |
| Change in other liabilities | 13.69 | 17.77 |
| Change in provisions | 14.46 | 14.71 |
| Cash generated from/(used in) operations | 228.69 | (23.71) |
| Income tax paid (net) | (40.77) | (82.66) |
| Net cash inflow/(outflow) from operating activities | 187.92 | (106.37) |
| Cash flows from investing activities | | |
| Purchase of property, plant and equipment and intangible assets | (182.89) | (299.57) |
| Proceeds from sale of property, plant and equipment | 0.97 | 1.74 |
| Advance received against assets held for sale | 3.55 | 1.05 |
| Advance returned against assets held for sale | (0.12) | - |
| Investments in subsidiaries | - | (44.84) |
| Proceeds from disposal/redemption of investments (other than subsidiaries and joint venture) | 0.05 | 0.47 |
| Proceeds from sale of investment property | 0.22 | 1.90 |
| Decrease/(increase) in deposits with banks | (6.09) | (8.17) |
| Interest received | 21.13 | 24.32 |
| Dividends received | 0.08 | 0.06 |
| Net cash inflow/(outflow) from investing activities | (163.10) | (323.04) |
| Cash flows from financing activities | | |
| Proceeds from long term borrowings | 78.56 | 231.11 |
| Repayments of long term borrowings | (112.96) | (135.71) |
| Increase/(decrease) in short term borrowings | 212.67 | 416.04 |
| Interest paid (other than on lease liabilities) | (98.97) | (82.84) |
| Payment of lease liabilities (interest portion) | (1.25) | (0.99) |
| Payment of lease liabilities (principal portion) | (6.06) | (5.92) |
| Acquisition of non-controlling interests | - | (0.00) |
| Dividend paid | (87.56) | (27.37) |
| Net cash inflow/(outflow) from financing activities | (15.57) | 394.32 |
| Net increase/(decrease) in cash and cash equivalents | 9.25 | (35.09) |
| Effect of exchange differences on translation of foreign currency cash and cash equivalents | (0.11) | 0.15 |
| Cash and cash equivalents at the beginning of the year | 46.08 | 76.40 |
| Cash and cash equivalents at the acquisition date of subsidiary | - | 4.62 |
| Cash and cash equivalents at the end of the year | 55.22 | 46.08 |

Notes to the Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2026

The above financial results have been prepared in accordance with the principles and procedures of the Indian Accounting Standards ('Ind AS') notified under section 133 of the Companies Act, 2013, Companies (Indian Accounting Standards) Rules, 2015 (as amended) and relevant guidelines issued by the Securities and Exchange Board of India (SEBI).
In view of the seasonality of the Sugar Business, the performance results may vary from quarter to quarter.
The Hon'ble National Company Law Tribunal, Allahabad Bench ('Hon'ble NCLT') vide its orders dated May 7, 2026 and May 18, 2026 has approved the Composite Scheme of Arrangement ('the Scheme') amongst Triveni Engineering & Industries Limited ('TEIL/ the Company'), Sir Shadi Lal Enterprises Limited ('SSEL') and Triveni Power Transmission Limited ('TPTL'). Certified copies of Hon'ble NCLT's orders were filed with the Registrar of Companies on May 19, 2026 ('Effective date'). In accordance with the Scheme, SSEL has been amalgamated with TEIL w.e.f. the amalgamation appointed date of April 1, 2025 and demerger of Power Transmission Business undertaking (PTB undertaking) of TEIL and its vesting in TPTL as a going concern, shall be given effect to w.e.f. the demerger appointed date of April 1, 2026, as approved by Hon'ble NCLT.

As a consideration for the amalgamation of SSEL, a subsidiary of the Company w.e.f. June 20, 2024, equity shares of face value of ₹ 1 each are to be issued to the shareholders of SSEL (other than the Company) by the Company, in the fair equity share exchange ratio of 100 equity shares of face value of ₹ 1 each of the Company for every 137 equity shares of face value of ₹ 10 each of SSEL. The Company has accounted for the amalgamation as an equity transaction with the holders of non-controlling interests. The difference between the derecognition of the non-controlling interests as at amalgamation appointed date of April 1, 2025 and face value of equity shares to be issued by the Company, has been recognised as capital reserve. The figures of the comparative financial year ended March 31, 2025 include the results of SSEL for the period starting from June 21, 2024 (i.e., for the period post becoming a subsidiary of the Company) and resultantly, are not comparable with the year ended March 31, 2026.

Effective November 21, 2025, the Government of India has notified four Labour Codes ('New Labour Codes'), which have consolidated and replaced 29 existing labour laws. Based on information available and professional advice obtained, the Group has re-assessed and accounted for a liability of ₹ 14.06 crores towards the employee benefits obligations for past services rendered and disclosed the same as an exceptional item in its financial results. The Group continues to monitor the developments in this respect including further clarifications from the State/ Central Government and will account for such developments, as required.
The Board of Directors of the Company has recommended a final dividend of 125% (₹ 1.25 per equity share of the face value of ₹ 1 each) for the financial year 2025-26, which is subject to the shareholder's approval in the ensuing annual general meeting. During the year, the Company had paid an interim dividend of 150% (₹ 1.50 per equity share of the face value of ₹ 1 each).

Commercial papers issued by the Company are listed on the National Stock Exchange and the outstanding amount as on March 31, 2026 was ₹ 100 crores. The financial ratios as prescribed under regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed in the financial results above. The formulae used in the computation of the ratios are as under:

Ratio	Formulae used
	Numerator	Denominator
Debt equity ratio	Borrowings and lease liabilities	Equity
Debt service coverage ratio	Profit after tax plus finance costs, depreciation and amortization expense	Repayment of long term borrowings and lease liabilities (excluding prepayments) and finance costs
Interest service coverage ratio	Profit after tax plus finance costs, depreciation and amortization expense	Finance costs
Current ratio	Current assets	Current liabilities
Long term debt to working capital	Long term borrowings (including current maturities of long-term borrowings) and lease liabilities	Current assets less current liabilities (excluding current maturities of long term borrowings and current lease liabilities)
Bad debts to accounts receivable ratio	Bad debts including provision for doubtful debts (net)	Average gross trade receivables
Current liability ratio	Current liabilities	Total liabilities
Total debts to total assets	Borrowings and lease liabilities	Total assets
Debtor turnover	Revenue from operations (gross)	Average trade receivables
Inventory turnover	Revenue from operations (net of excise duty)	Average inventories
Operating margin (%)	Earnings before finance costs, taxes, other income and exceptional items	Revenue from operations (net of excise duty)
Net profit margin (%)	Profit after tax	Revenue from operations (net of excise duty)

The standalone audited financial results of the Company are available on the Company's website (www.trivenigroup.com), website of BSE (www.bseindia.com) and NSE (www.nseindia.com). Summarised standalone financial performance of the Company is as under:

($\text{€}$ in crores)

The figures of the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the limited reviewed published year to date figures up to the third quarter of the respective financial year(s), and have been restated to give effect to the Scheme (refer note 3 above).
The figures of the previous year under various heads have been regrouped to the extent necessary.

Noida

The above audited consolidated financial results of the Company for the quarter and year ended March 31, 2026 have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 29, 2026. The results have been subjected to audit by the Statutory Auditors of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, who have issued an unmodified opinion on the same.

For Triveni Engineering & Industries Limited

DHRUV
MANMOHAN
SAWHNEY

Digitally signed by
DHRUV MANMOHAN
SAWHNEY
Date: 2026.05.29
15:14:09 +05'30'

Dhruv M. Sawhney
Chairman & Managing Director

Place : Noida
Date : May 29, 2026

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, U.P - 201 301
Website: www.trivenigroup.com
CIN: L15421UP1932PLC022174

Statement of Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2026

Particulars	3 Months ended		Year ended
	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)
Total Income from operations	1833.65	1925.28	7620.85	6807.94
Net Profit/(loss) for the period (before tax and Exceptional items)	221.00	255.17	378.20	324.23
Net Profit/(loss) for the period before tax (after Exceptional items)	229.34	255.17	364.14	324.23
Net Profit/(loss) for the period after tax (after Exceptional items)	167.45	187.12	268.71	238.26
Total comprehensive income for the period [Comprising Profit/(loss) for the period (after tax) and other comprehensive income (after tax)]	169.37	186.75	270.77	231.62
Equity share capital	21.89	21.89	21.89	21.89
Other equity			3320.94	3089.28
Earnings/(loss) per share of ₹1/- each (not annualised for the quarters)
(a) Basic (in ₹)	7.60	8.55	12.19	10.88
(b) Diluted (in ₹)	7.60	8.55	12.19	10.88

Notes:

Summarised Standalone Audited Financial Performance of the Company is as under:

Particulars	3 Months ended		Year ended
	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)	31/Mar/2026 (Audited)	31/Mar/2025 (Audited)
Total Income from operations	1833.69	1924.91	7620.48	6807.08
Profit/(loss) before tax (after exceptional items)	228.76	253.56	349.99	320.48
Profit/(loss) after tax (after exceptional items)	167.38	185.82	258.56	235.52
Total comprehensive income	169.30	185.45	260.62	228.88

The Hon'ble National Company Law Tribunal, Allahabad Bench ('Hon'ble NCLT') vide its orders dated May 7, 2026 and May 18, 2026 has approved the Composite Scheme of Arrangement ('the Scheme') amongst Triveni Engineering & Industries Limited ('TEIL/the Company'), Sir Shadi Lal Enterprises Limited ('SSEL') and Triveni Power Transmission Limited ('TPTL'). Certified copies of the Hon'ble NCLT's orders were filed with the Registrar of Companies on May 19, 2026 ('Effective date'). In accordance with the Scheme, SSEL has been amalgamated with TEIL w.e.f. the amalgamation appointed date of April 1, 2025 and demerger of Power Transmission Business undertaking (PTB undertaking) of TEIL and its vesting in TPTL as a going concern, shall be given effect to w.e.f. the demerger appointed date of April 1, 2026, as approved by Hon'ble NCLT.
The above results includes results of SSEL w.e.f. June 21, 2024 (i.e., for the period post becoming a subsidiary of the Company) and resultantly, results of the current year are not comparable with previous year.
The Board of Directors of the Company has recommended a final dividend of 125% (₹ 1.25 per equity share of the face value of ₹ 1 each) for the financial year 2025-26, which is subject to the shareholder's approval in the ensuing annual general meeting. During the year, the Company had paid an interim dividend of 150% (₹ 1.50 per equity share of the face value of ₹ 1 each).
The above is an extract of the detailed format of Financial Results for the quarter and year ended March 31, 2026 filed with the Stock Exchanges under Regulation 33 of the SEBI (LODR) Regulations, 2015. The full format of the Financial Results for the quarter and year ended March 31, 2026 are available on the websites of Stock Exchange(s) (www.bseindia.com and www.nseindia.com) and on the website of Company (www.trivenigroup.com).

Place: Noida
Date: May 29, 2026

AI assistant

Triveni Engineering & Industries Ltd — Earnings Release 2026

60806_rns_2026-05-29_516b674d-911e-44db-9902-ab81d150bed4.pdf

By E-filing

1. Financial Results

2. Dividend

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 in respect of appointment of Cost Auditors of the Company

INDEPENDENT AUDITOR'S REPORT on Audited Standalone Financial Results of the Triveni Engineering & Industries Limited for the quarter and year ended March 31, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

TO THE BOARD OF DIRECTORS OF TRIVENI ENGINEERING & INDUSTRIES LIMITED

Report on the audit of the Standalone Financial Results

Opinion

Basis for Opinion

Emphasis of Matter

Management’s Responsibilities for the Standalone Financial Results

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

SS KOTHARI MEHTA & CO. LLP

Other Matters

For S S KOTHARI MEHTA & Co. LLP

TRIVENI ENGINEERING & INDUSTRIES LIMITED

TRIVENI ENGINEERING & INDUSTRIES LIMITED

Standalone Statement of Assets and Liabilities

Standalone Statement of Cash Flows

INDEPENDENT AUDITOR'S REPORT on Audited Consolidated Financial Results of the Triveni Engineering & Industries Limited for the quarter and year ended March 31, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

TO THE BOARD OF DIRECTORS OF TRIVENI ENGINEERING & INDUSTRIES LIMITED

Report on the audit of the Consolidated Financial Results

Opinion

S S KOTHARI MEHTA & CO. LLP

Basis for Opinion

Emphasis of Matter

Management’s Responsibilities for the Consolidated Financial Results

S S KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

S S KOTHARI MEHTA & CO. LLP

CHARTERED ACCOUNTANTS

Other Matters

S S KOTHARI MEHTA & CO. LLP

For S S KOTHARI MEHTA & CO LLP

Consolidated Statement of Assets and Liabilities

Consolidated Statement of Cash Flows

Notes:

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Triveni Engineering & Industries Ltd Earnings Release 2026