Triveni Glass

how big is Triveni Glass?

As of Jun 06, Triveni Glass Ltd has a market capitalization of 17.94 Cr, categorizing it as a Micro Cap company, with recent net sales of 0.00 Cr and a net profit of 0.36 Cr. The balance sheet shows shareholder's funds at -14.75 Cr and total assets of 7.29 Cr.

Market Cap: As of Jun 06, Triveni Glass Ltd has a market capitalization of 17.94 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Triveni Glass reported Net Sales of 0.00 Cr and a Net Profit of 0.36 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Balance Sheet data is Standalone and pertains to the latest annual period ending in Mar'24. Shareholder's Funds are reported at -14.75 Cr, while Total Assets amount to 7.29 Cr.

Who are the top shareholders of the Triveni Glass?

The top shareholders of Triveni Glass include Jitendra Kumar Agrawal with 2.0%, Tecknopoint Mercantile Co Private Limited with 4.59%, and individual investors holding 67.04%. Additionally, there is one foreign institutional investor with 2.76% and four mutual fund schemes with a combined 0.05%, with no pledged promoter holdings.

The top shareholders of Triveni Glass include a mix of individual and institutional investors. The largest individual shareholder is Jitendra Kumar Agrawal, holding 2.0% of the shares. The highest public shareholder is Tecknopoint Mercantile Co Private Limited, which holds 4.59%. Additionally, individual investors collectively hold a significant portion, accounting for 67.04% of the shares. On the institutional side, there is one foreign institutional investor (FII) with a holding of 2.76%, and four mutual fund schemes that together hold 0.05%. Notably, there are no pledged promoter holdings in the company.

When is the next results date for Triveni Glass?

No Upcoming Board Meetings

Has Triveni Glass declared dividend?

No Dividend History Available

Who are the peers of the Triveni Glass?

Triveni Glass's peers include Coal India, Doms Industries, Sandur Manganese, Navneet Education, Flair Writing, Kiran Print Pack, Patron Exim, Antarctica, and Madhya Pradesh Tod. Their management risks and growth prospects vary, with Kiran Print Pack showing the highest 1-year return at 219.31%, while Triveni Glass has a return of -26.98%.

Peers: The peers of Triveni Glass are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Kiran Print Pack, Patron Exim, Antarctica, and Madhya Prad. Tod.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Doms Industries, and Sandur Manganese, while Average management risk is found at Navneet Educat. and Flair Writing, and Below Average management risk is noted at Kiran Print Pack, Patron Exim, Antarctica, and Madhya Prad. Tod. Growth is Excellent for Coal India, Doms Industries, and Sandur Manganese, Average for Antarctica, Below Average for Navneet Educat., Flair Writing, Patron Exim, and Madhya Prad. Tod, and does not qualify for Triveni Glass and Opal Luxury. Capital Structure is Excellent for Coal India, Doms Industries, Sandur Manganese, and Navneet Educat., Good for Madhya Prad. Tod, and Below Average for Kiran Print Pack, Patron Exim, Antarctica, and Flair Writing.<BR><BR>Return Snapshot: Kiran Print Pack has the highest 1-year return at 219.31%, while Patron Exim has the lowest at -32.78%. Triveni Glass's 1-year return is -26.98%, which is higher than Patron Exim's but lower than Kiran Print Pack's. Additionally, the six-month return is negative for Coal India, Sandur Manganese, Doms Industries, Flair Writing, Patron Exim, and Triveni Glass.

Is Triveni Glass overvalued or undervalued?

As of April 25, 2023, Triveni Glass is considered risky and overvalued with a PE ratio of 18.03 and negative returns on capital, underperforming the Sensex with a -31.87% return over the past year.

As of 25 April 2023, the valuation grade for Triveni Glass has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company is currently assessed as overvalued based on its financial ratios, with a PE ratio of 18.03, an EV to EBIT of -29.23, and a ROCE of -32.98%. These figures suggest significant underlying issues, particularly the negative returns on capital employed.<BR><BR>In comparison to its peers, Triveni Glass's valuation appears unfavorable. For instance, Asahi India Glass is categorized as expensive with a PE ratio of 51.96, while Empire Industries is considered attractive with a PE of 18.98. The stark contrast in valuations highlights Triveni's challenges in generating positive returns and sustaining investor confidence. Additionally, the company's stock has underperformed against the Sensex over the past year, with a return of -31.87% compared to the Sensex's 7.62%, further reinforcing the notion that Triveni Glass is overvalued in its current state.

What is the technical trend for Triveni Glass?

As of May 13, 2025, Triveni Glass shows a mildly bearish trend, with mixed signals from the MACD and KST indicators, while moving averages and Bollinger Bands confirm the bearish outlook.

As of 13 May 2025, the technical trend for Triveni Glass has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals. The Bollinger Bands and moving averages on the weekly and daily time frames are all indicating mildly bearish conditions. The KST shows a mildly bullish reading on the weekly but bearish on the monthly, further contributing to the mixed outlook. Overall, the current technical stance is mildly bearish, driven primarily by the moving averages and Bollinger Bands.

Who are in the management team of Triveni Glass?

As of March 2023, the management team of Triveni Glass includes J K Agrawal (Executive Director & Managing Director), A K Dhawan (Executive Director, Finance & CFO), and four Independent Non-Executive Directors: Ishwar Chandra Aga, Abhishek Jain, Piyush Kesarwani, and Manju Agarwal. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Triveni Glass includes the following individuals:<BR><BR>1. J K Agrawal - Executive Director & Managing Director<BR>2. A K Dhawan - Executive Director (Finance) & Chief Financial Officer<BR>3. Ishwar Chandra Aga - Independent Non-Executive Director<BR>4. Abhishek Jain - Independent Non-Executive Director<BR>5. Piyush Kesarwani - Independent Non-Executive Director<BR>6. Manju Agarwal - Independent Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Triveni Glass do?

Triveni Glass Ltd, established in 1956, specializes in manufacturing laminated safety glass and other glass products. It operates in the Micro Cap market with a current market cap of INR 17 Cr and reported a net profit of -1 Cr for the quarter ending March 2025.

Overview:<BR>Triveni Glass Ltd is a pioneer in the manufacture of laminated safety glass and other glass products, operating in the Miscellaneous industry within the Micro Cap market.<BR><BR>History:<BR>Triveni Glass Ltd was established in 1956 by the late Mr. D. N. Agrawal, who introduced the first technology for manufacturing laminated safety glass for automobiles in India. The company has since expanded its product offerings to include tempered glass and mirrors. The latest financial results reported are for the quarter ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00<BR>Industry P/E: 45<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -1.26<BR>Return on Equity: -2.45%<BR>Price to Book: -1.17<BR><BR>Contact Details:<BR>Address: 1 Kanpur Road, Allahabad Uttar Pradesh: 211001<BR>Phone: 91-0532-2407325<BR>Email: akd@triveniglassltd.com<BR>Website: http://www.triveniglassltd.com

Are Triveni Glass latest results good or bad?

Triveni Glass's latest results are poor, showing a net loss of ₹0.07 crores and zero net sales in Q2 FY26, indicating a complete operational shutdown for over two years. The company also has a negative book value of ₹-11.66 per share and a year-to-date stock return of -32.99%, reflecting significant distress and underperformance.

Triveni Glass's latest results are decidedly poor. In Q2 FY26, the company reported a net loss of ₹0.07 crores and, alarmingly, zero net sales, indicating a complete operational shutdown. This lack of revenue has persisted for over two years, which is a critical red flag for any business.<BR><BR>Additionally, the company has a negative book value of ₹-11.66 per share, reflecting significant shareholder value erosion. The financial metrics highlight a dire situation, with a year-to-date stock return of -32.99%, significantly underperforming the Sensex, which gained 7.42% during the same period.<BR><BR>Overall, the financial performance indicates that Triveni Glass is in a state of distress, with no clear path to recovery or operational restart, making the latest results decidedly negative.

How has been the historical performance of Triveni Glass?

Triveni Glass has experienced a significant decline in financial performance, with net sales dropping from 59.26 crore in March 2020 to zero by March 2025, alongside negative operating profit and cash flow. Total liabilities and assets also decreased substantially during this period, indicating a deterioration in financial health.

Answer:<BR>The historical performance of Triveni Glass shows a significant decline in financial metrics over the years, particularly from March 2020 onwards. <BR><BR>Breakdown:<BR>Triveni Glass reported net sales of 59.26 crore in March 2020, which decreased to zero by March 2025, indicating a complete halt in revenue generation. The total operating income followed a similar trend, starting at 59.26 crore in March 2020 and dropping to zero by March 2025. The company's expenditure also decreased significantly, from 60.65 crore in March 2020 to 0.87 crore in March 2025. Operating profit fluctuated, with a peak of 6.47 crore in March 2019, but turned negative in subsequent years, culminating in a profit before tax of only 0.09 crore in March 2025. The profit after tax mirrored this decline, falling from 16.77 crore in March 2020 to just 0.09 crore in March 2025. The company's total liabilities decreased from 71.85 crore in March 2020 to 6.58 crore in March 2025, while total assets also saw a decline from 71.85 crore to 6.58 crore in the same period. Cash flow from operating activities remained negative for several years, with no cash inflow recorded from March 2022 to March 2025. Overall, Triveni Glass has experienced a substantial deterioration in its financial health over the past few years.

Should I buy, sell or hold Triveni Glass?

Why is Triveni Glass Ltd falling/rising?

As of 18-Jan, Triveni Glass Ltd's stock price is rising to 9.28, reflecting a short-term gain after a trend reversal. However, the stock has significantly underperformed over the past year and three years, with weak fundamentals and reduced investor interest, indicating a concerning overall outlook.

As of 18-Jan, Triveni Glass Ltd's stock price is rising, currently at 9.28, reflecting a change of 0.16 (1.75%) upward. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, it has outperformed its sector by 2.19% today. <BR><BR>However, despite this short-term rise, the stock has shown significant underperformance over longer periods, with a decline of 50.98% over the past year and 61.89% over the last three years. The stock is also trading below its moving averages across various time frames, indicating a generally bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 75.83% against the five-day average, suggesting reduced interest among investors.<BR><BR>The company's fundamentals are weak, characterized by a negative book value, high debt levels, and poor long-term growth metrics, including a net sales growth rate of -100% over the last five years. These factors contribute to a risky investment profile, despite the recent price increase. Thus, while the stock is experiencing a rise in the short term, the overall outlook remains concerning due to its historical performance and financial health.

Which are the latest news on Triveni Glass?