Triveni Glass

Why is Triveni Glass Ltd falling/rising?

As of 01-Sep, Triveni Glass Ltd's stock price is at 7.40, reflecting a 4.64% decrease and a year-to-date decline of 20.34%. The stock has underperformed significantly compared to the Sensex and shows reduced investor interest, with a notable drop in delivery volume.

As of 01-Sep, Triveni Glass Ltd's stock price is falling, currently at 7.40, which reflects a decrease of 0.36 or 4.64%. The stock has been underperforming, having lost 5.01% over the last two days, and it has a year-to-date decline of 20.34%, significantly worse than the Sensex's decline of 9.71% during the same period. <BR><BR>In terms of performance relative to the sector, the stock has underperformed by 4.68% today. Additionally, there is a notable decrease in investor participation, with delivery volume dropping by 91.8% compared to the 5-day average, indicating reduced interest from investors. Although the stock is trading higher than its 20-day, 50-day, and 100-day moving averages, it is lower than the 5-day and 200-day moving averages, suggesting a short-term weakness. Overall, these factors contribute to the ongoing decline in Triveni Glass Ltd's stock price.

Who are in the management team of Triveni Glass?

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.

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>If you need more information about their roles or the company, feel free to ask!

What does Triveni Glass do?

Triveni Glass Ltd manufactures laminated safety glass for automobiles and other glass products, having been established in 1956. It operates in the Micro Cap market with a current market cap of INR 10 Cr and reported a net profit of 0 Cr for June 2026.

Overview: <BR>Triveni Glass Ltd is a pioneer in the manufacture of laminated safety glass for automobiles and other glass products, operating in the Miscellaneous industry within the Micro Cap market.<BR><BR>History: <BR>Triveni Glass Ltd was founded in 1956 by the late Mr. D. N. Agrawal, who introduced the first technology for manufacturing laminated safety glass in India. The company has since expanded its product offerings to include tempered glass and mirrors. The latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.18 <BR>Return on Equity: 3.36% <BR>Price-to-Book: -0.64<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

Who are the peers of the Triveni Glass?

Triveni Glass's peers include Milestone Global, Citichem India, Mayur Floorings, Kabra Commercial, Gala Global, Veritaas Adver., Antarctica, Rite Zone, and Supreme Impex. Management risks vary, with Veritaas Adver. and Supreme Impex rated excellent, while Mayur Floorings has the highest 1-year return at 30.51%, and Gala Global the lowest at -53.02%.

Peers: The peers of Triveni Glass are Milestone Global, Citichem India, Mayur Floorings, Kabra Commercial, Gala Global, Veritaas Adver., Antarctica, Rite Zone, and Supreme Impex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Veritaas Adver. and Supreme Impex, while Average management risk is found at Milestone Global and Citichem India. Below Average management risk is noted at Mayur Floorings, Kabra Commercial, Gala Global, and Antarctica, with Rite Zone also falling into this category. Growth ratings show Good growth at Veritaas Adver., while Below Average growth is seen at Milestone Global, Citichem India, Mayur Floorings, Kabra Commercial, Gala Global, Antarctica, and Rite Zone. Capital Structure is rated Good for Milestone Global and Supreme Impex, while Below Average is noted for Citichem India, Mayur Floorings, Kabra Commercial, Gala Global, Antarctica, and Rite Zone.<BR><BR>Return Snapshot: Mayur Floorings has the highest 1-year return at 30.51%, while Gala Global has the lowest at -53.02%. Triveni Glass's 1-year return of -42.26% is better than Gala Global's but worse than Mayur Floorings'. Additionally, the six-month returns for Gala Global and Citichem India are negative.

How big is Triveni Glass?

As of 31st August, Triveni Glass Ltd has a market capitalization of 10.00 Cr, with net sales of 0.00 Cr and a net loss of 0.52 Cr in the latest four quarters. The company has shareholder's funds of -15.46 Cr and total assets of 6.30 Cr as of March 2026.

As of 31st August, Triveni Glass Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Triveni Glass reported net sales of 0.00 Cr and a net loss of 0.52 Cr.<BR><BR>As of the latest annual period in March 2026, the company has shareholder's funds amounting to a loss of 15.46 Cr and total assets valued at 6.30 Cr.

Which are the latest news on Triveni Glass?

Are Triveni Glass Ltd latest results good or bad?

Triveni Glass Ltd's latest results are concerning, showing a net profit of ₹0.16 crores due to a 369% increase in other income, but the company has not generated sales for seven quarters and has a negative book value of ₹-11.66 per share. Overall, the financial distress and reliance on non-operating income indicate a risky investment with no clear recovery path.

Triveni Glass Ltd's latest results present a concerning picture overall. While the company reported a net profit of ₹0.16 crores in Q1 FY27, marking its first profit in five quarters, this is largely attributed to a significant increase in other income, which surged by 369% year-on-year. However, the company has not generated any sales for at least seven consecutive quarters, indicating a complete cessation of its manufacturing operations.<BR><BR>The financial health of Triveni Glass is quite troubling, with a negative book value of ₹-11.66 per share and a market capitalization of only ₹12 crores. The company has effectively become a shell entity, reliant on non-operating income rather than any sustainable business operations. The operating losses have widened, and the balance sheet shows severe distress, with liabilities exceeding assets.<BR><BR>In summary, despite a brief moment of profitability, the underlying operational issues and financial distress suggest that the results are not good. The company is in a critical state, with no clear path to recovery, making it a risky investment.

Should I buy, sell or hold Triveni Glass Ltd?

When is the next results date for Triveni Glass Ltd?

The next results date for Triveni Glass Ltd is 28 July 2026.

The next results date for Triveni Glass Ltd is scheduled for 28 July 2026.

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.

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 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.

Has Triveni Glass declared dividend?

No Dividend History Available