Triveni Turbine

Is Triveni Turbine overvalued or undervalued?

As of January 11, 2021, Triveni Turbine is considered very expensive with a high PE ratio of 52.68 and an EV to EBITDA ratio of 41.64, indicating overvaluation compared to peers, despite strong long-term returns and a year-to-date performance of -18.06%.

As of 11 January 2021, the valuation grade for Triveni Turbine has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 52.68, an EV to EBITDA ratio of 41.64, and a Price to Book Value ratio of 15.47. <BR><BR>When compared to peers, Triveni Turbine's valuation stands out, with Rail Vikas showing a PE of 69.76 and AIA Engineering at 31.18, both of which are also categorized as very expensive. Notably, Ircon International, a peer categorized as fair, has a much lower PE ratio of 28.25, further emphasizing Triveni's overvaluation. Additionally, while Triveni has posted strong returns over the long term, its year-to-date performance of -18.06% contrasts sharply with the Sensex's gain of 5.62%, reinforcing the notion that the stock may be overvalued at its current price of 605.60.

What does Triveni Turbine do?

Triveni Turbine Ltd. manufactures power generating equipment and is classified as a Mid Cap company with a market cap of Rs 18,858 Cr. As of March 2025, it reported net sales of 538 Cr and a net profit of 94 Cr.

Overview: <BR>Triveni Turbine Ltd. is primarily engaged in the manufacture and supply of power generating equipment and solutions, operating within the Heavy Electrical Equipment industry and classified as a Mid Cap company.<BR><BR>History: <BR>Triveni Turbine Limited was incorporated on June 27th, 1995. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 538 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 94 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 18,858 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 52.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.56% <BR>Debt-Equity: -0.52 <BR>Return on Equity: 29.37% <BR>Price to Book: 15.34<BR><BR>Contact Details: <BR>Address: A-44 Hosiery Complex, Phase II Extension Noida Uttar Pradesh : 201305 <BR>Tel: 91-120-4748000/4308000 <BR>Email: shares.ttl@trivenigroup.com <BR>Website: http://www.triveniturbines.com

Who are the peers of the Triveni Turbine?

Triveni Turbine's peers include A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Schneider Electric, T R I L, Inox Wind Energy, and Azad Engineering. Management risk varies from excellent to below average among peers, with Triveni Turbine showing good growth and a 1-year return of 0.58%.

Peers: The peers of Triveni Turbine are A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Schneider Elect., T R I L, Inox Wind Energy, and Azad Engineering.<BR><BR>Quality Snapshot: Excellent management risk is observed at CG Power & Ind, Triveni Turbine, and Schneider Elect., while Good management risk is found at A B B, Siemens, and the rest. Average management risk is noted at Suzlon Energy, BHEL, T R I L, and Azad Engineering, while Below Average management risk is present at Inox Wind Energy. Growth is Excellent for Suzlon Energy, BHEL, T R I L, and Inox Wind Energy, while Good growth is seen at A B B, CG Power & Ind, Triveni Turbine, Schneider Elect., and Azad Engineering. Below Average growth is noted at Siemens, and Average growth is observed at Triveni Turbine. Capital Structure is Excellent for A B B, Triveni Turbine, and Volt.Transform., while Good capital structure is found at CG Power & Ind, BHEL, and Azad Engineering. Below Average capital structure is noted at Schneider Elect. and Inox Wind Energy, while Average capital structure is observed at T R I L.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Inox Wind Energy at 47.78%, while the lowest is A B B at -31.56%. Triveni Turbine's 1-year return is 0.58%, which is higher than A B B but lower than Inox Wind Energy. Additionally, A B B, Siemens, and Inox Wind Energy have negative six-month returns.

Who are in the management team of Triveni Turbine?

As of March 2022, Triveni Turbine's management team includes Dhruv M Sawhney (Chairman), Nikhil Sawhney (Vice Chairman & Managing Director), and several independent and non-executive directors, totaling 11 members who guide the company's governance and strategy.

As of March 2022, the management team of Triveni Turbine includes the following members:<BR><BR>1. Dhruv M Sawhney - Chairman / Executive Director<BR>2. Nikhil Sawhney - Vice Chairman & Managing Director<BR>3. Tarun Sawhney - Non-Executive Director<BR>4. Arun Prabhakar Mote - Executive Director<BR>5. H A Daruwalla - Independent Director<BR>6. Anil Kakodkar - Independent Director<BR>7. Shailendra Bhandari - Independent Director<BR>8. Vijay K Thadani - Independent Director<BR>9. Vipin Sondhi - Independent Director<BR>10. Pulak Prasad - Non-Executive & Non-Independent Director<BR>11. Rajiv Sawhney - Company Secretary<BR><BR>This team comprises a mix of executive, non-executive, and independent directors, contributing to the governance and strategic direction of the company.

Who are the top shareholders of the Triveni Turbine?

The top shareholders of Triveni Turbine include Subhadra Trade And Finance Limited (27.28%), foreign institutional investors (28.01%), and mutual funds (9.68%), with Nalanda India Fund Limited being the largest public shareholder at 4.02%. Individual investors hold a combined 4.8% of the shares.

The top shareholders of Triveni Turbine include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Subhadra Trade And Finance Limited being the largest promoter, holding 27.28%. <BR><BR>In terms of institutional holdings, mutual funds collectively hold 9.68% through 29 schemes, while foreign institutional investors (FIIs) account for 28.01% with 285 FIIs involved. The highest public shareholder is Nalanda India Fund Limited, which holds 4.02%. Additionally, individual investors collectively hold 4.8% of the shares.

How big is Triveni Turbine?

As of 24th July, Triveni Turbine Ltd. has a market capitalization of 20,077.00 Cr, with recent net sales of 2005.80 Cr and a net profit of 357.20 Cr. The latest balance sheet shows shareholder's funds of 959.80 Cr and total assets of 1,653.66 Cr.

As of 24th July, Triveni Turbine Ltd. has a market capitalization of 20,077.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Triveni Turbine reported Net Sales of 2005.80 Cr and a Net Profit of 357.20 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 959.80 Cr and Total Assets of 1,653.66 Cr.

Is Triveni Turbine technically bullish or bearish?

As of 27 October 2025, the market trend is mildly bearish, indicated by mixed technical signals such as a bullish weekly RSI and bearish moving averages, suggesting a lack of strong bullish momentum.

As of 27 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD shows mild bearishness. The weekly RSI is bullish, but the monthly RSI has no signal. Moving averages on the daily chart are bearish, and both the KST and OBV are bearish on the weekly, with OBV being mildly bearish on the monthly. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish outlook.

How has been the historical performance of Triveni Turbine?

Triveni Turbine has shown consistent growth in key financial metrics, with net sales increasing from INR 702.58 crore in March 2021 to INR 2,005.80 crore in March 2025, and profit after tax rising from INR 97.21 crore to INR 358.50 crore during the same period. The company's earnings per share have more than tripled, reflecting strong overall financial performance.

Answer:<BR>The historical performance of Triveni Turbine shows a consistent growth trajectory in key financial metrics over the years.<BR><BR>Breakdown:<BR>Triveni Turbine's net sales have increased significantly from INR 702.58 crore in March 2021 to INR 2,005.80 crore in March 2025, reflecting a robust growth trend. Total operating income has followed a similar pattern, rising from INR 817.87 crore in March 2020 to INR 2,005.80 crore in March 2025. The company's operating profit (PBDIT) has also shown substantial improvement, climbing from INR 166.71 crore in March 2021 to INR 517.70 crore in March 2025. Profit before tax has increased from INR 126.84 crore in March 2021 to INR 488.50 crore in March 2025, while profit after tax rose from INR 97.21 crore to INR 358.50 crore over the same period. The earnings per share (EPS) have more than tripled, from INR 3.17 in March 2021 to INR 11.23 in March 2025. On the balance sheet, total assets grew from INR 822.16 crore in March 2020 to INR 2,014.02 crore in March 2025, with total liabilities also increasing from INR 822.16 crore to INR 2,014.02 crore. The cash flow from operating activities has varied, peaking at INR 433 crore in March 2022 before settling at INR 186 crore in March 2025. Overall, Triveni Turbine has demonstrated strong financial performance and growth across multiple dimensions.

How has been the historical performance of Triveni Turbine?

Triveni Turbine has shown significant growth in net sales and profitability, with net sales increasing from 702.58 crore in March 2021 to 2,005.80 crore in March 2025, and profit after tax rising from 97.21 crore to 358.50 crore in the same period, reflecting strong operational efficiency and a robust asset base.

Answer:<BR>The historical performance of Triveni Turbine shows a significant upward trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Triveni Turbine's net sales have increased from 702.58 crore in March 2021 to 2,005.80 crore in March 2025, reflecting a strong growth trajectory. The total operating income has followed a similar pattern, rising from 817.87 crore in March 2020 to 2,005.80 crore in March 2025. The company's operating profit (PBDIT) has also seen substantial growth, climbing from 147.61 crore in March 2021 to 517.70 crore in March 2025, indicating improved operational efficiency. Profit before tax has increased from 126.84 crore in March 2021 to 488.50 crore in March 2025, while profit after tax has risen from 97.21 crore in March 2021 to 358.50 crore in March 2025. The earnings per share have improved significantly, reaching 11.23 in March 2025 from 3.17 in March 2021. On the balance sheet, total assets have grown from 822.16 crore in March 2020 to 2,014.02 crore in March 2025, while total liabilities have increased from 688.73 crore in March 2019 to 2,014.02 crore in March 2025. The company has maintained a strong cash position, with closing cash and cash equivalents rising to 98.00 crore in March 2025 from 29.00 crore in March 2024. Overall, Triveni Turbine has demonstrated robust growth in sales, profitability, and asset base over the years.

When is the next results date for Triveni Turbine Ltd.?

The next results date for Triveni Turbine Ltd. is 03 February 2026.

The next results date for Triveni Turbine Ltd. is scheduled for 03 February 2026.

Are Triveni Turbine Ltd. latest results good or bad?

Triveni Turbine Ltd.'s latest results show strong sequential growth with a 36.33% increase in net sales and a 41.40% rise in net profit, but year-on-year performance is stagnant with only a 1.02% revenue increase, indicating potential demand challenges in the capital goods sector. Investors should watch upcoming quarters to determine if the recovery is sustainable.

Triveni Turbine Ltd.'s latest results present a mixed picture. On one hand, the company has shown a robust sequential recovery, with net sales increasing by 36.33% quarter-on-quarter to ₹506.20 crores and net profit rising by 41.40% to ₹91.20 crores. The operating margin also improved significantly to 22.64%, reflecting strong margin resilience and effective cost management.<BR><BR>However, when looking at year-on-year performance, the revenue growth has been quite stagnant, with only a 1.02% increase compared to the same quarter last year. This raises concerns about demand momentum in the capital goods sector, particularly in the industrial turbine segment. Additionally, the first half of FY26 saw a notable decline in net sales and profit compared to the previous year, indicating potential challenges in order execution and demand.<BR><BR>Overall, while the sequential improvements are positive, the year-on-year stagnation and the decline in half-year performance suggest that the company is facing genuine demand headwinds. Investors should monitor upcoming quarters closely to assess whether the recent recovery is sustainable or if it reflects temporary fluctuations.

Should I buy, sell or hold Triveni Turbine Ltd.?

Has Triveni Turbine Ltd. declared dividend?

Yes, Triveni Turbine Ltd. has declared a dividend of 225%, amounting to ₹2 per share, with an ex-date of February 9, 2026. While recent short-term returns have been negative, the company has shown strong performance over longer periods, particularly a total return of 457.4% over the last 5 years.

Triveni Turbine Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 225%<BR>- Amount per share: 2 per share<BR>- Ex-date: 09 Feb 26<BR><BR>Dividend Yield: 0.78%.<BR><BR>Total Returns by Period:<BR>Over the 3-month period, the price return was -6.85%, the dividend return was 0.44%, resulting in a total return of -6.41%.<BR><BR>In the 6-month period, the price return was -6.56%, the dividend return was 0.82%, leading to a total return of -5.74%.<BR><BR>For the 1-year period, the price return was -13.73%, the dividend return was 0.74%, culminating in a total return of -12.99%.<BR><BR>During the 2-year period, the price return was 40.34%, the dividend return was 1.64%, resulting in a total return of 41.98%.<BR><BR>In the 3-year period, the price return was 88.58%, the dividend return was 2.89%, leading to a total return of 91.47%.<BR><BR>Over the 4-year period, the price return was 137.32%, the dividend return was 5.51%, culminating in a total return of 142.83%.<BR><BR>For the 5-year period, the price return was 447.2%, the dividend return was 10.20%, resulting in a total return of 457.4%.<BR><BR>Overall, Triveni Turbine Ltd. has declared a significant dividend, and while recent returns over shorter periods show negative trends, the longer-term returns indicate strong performance, particularly over the 5-year period.

Why is Triveni Turbine Ltd. falling/rising?

As of 17-Mar, Triveni Turbine Ltd. is seeing a slight stock price increase to 465.15, but it has underperformed over the past year with negative returns of -8.79%. Despite strong long-term fundamentals, the stock's bearish trend and high valuation raise caution about its overall outlook.

As of 17-Mar, Triveni Turbine Ltd. is experiencing a slight rise in its stock price, currently at 465.15, reflecting an increase of 2.45 (0.53%). This uptick follows a trend of consecutive gains over the past two days, where the stock has risen by 1.17%. However, it is important to note that despite this recent increase, the stock has been underperforming in the longer term. Over the past year, it has generated negative returns of -8.79%, significantly underperforming the broader market, which has seen a return of 6.18%.<BR><BR>The stock is currently trading 3.7% away from its 52-week low of Rs 447.95, indicating that it is close to this low point. Additionally, Triveni Turbine is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend in the stock's performance. Furthermore, there has been a decline in investor participation, with delivery volume falling by 9.43% against the 5-day average, which may indicate reduced interest from investors.<BR><BR>On a positive note, the company has strong long-term fundamentals, with an average Return on Equity (ROE) of 22.31% and healthy growth in net sales and operating profit. However, the stock's valuation appears expensive, with a Price to Book Value of 11.4, and it has shown flat results in recent financial reports. The combination of these factors suggests that while there may be short-term gains, the overall outlook for Triveni Turbine Ltd. remains cautious due to its historical underperformance and current trading conditions.

Why is Triveni Turbine Ltd. falling/rising?

As of 18-Mar, Triveni Turbine Ltd. is seeing a stock price increase to 476.00, up 2.3%, driven by positive momentum and strong long-term fundamentals, despite a year-over-year decline of -17.33%. The stock has outperformed its sector today and shows a favorable short-term trend.

As of 18-Mar, Triveni Turbine Ltd. is experiencing a rise in its stock price, currently at 476.00, which reflects an increase of 10.7 or 2.3%. This upward movement can be attributed to several factors. The stock has outperformed its sector by 0.74% today and has shown a consecutive gain over the last three days, accumulating a total return of 3.53% during this period. Additionally, the stock reached an intraday high of Rs 477.5, indicating positive momentum.<BR><BR>Despite some negative indicators, such as a decrease in delivery volume by 8.24% against the 5-day average, the overall performance today suggests a favorable trading environment. The company also boasts strong long-term fundamentals, with an average Return on Equity (ROE) of 22.31% and significant growth in net sales and operating profit. Furthermore, high institutional holdings at 36.98% imply confidence from larger investors who typically have more resources to analyze the company's fundamentals.<BR><BR>However, it is important to note that the stock has underperformed over the past year, with a return of -17.33%, contrasting sharply with the market's positive performance. This historical context may influence investor sentiment, but the recent gains indicate a short-term positive trend for Triveni Turbine Ltd.

Why is Triveni Turbine Ltd. falling/rising?

As of 19-Mar, Triveni Turbine Ltd. is seeing a stock price decline to Rs 463.95, down 2.43%, following a trend reversal after three days of gains. The stock is underperforming with a -17.88% return over the past year, and despite strong fundamentals, high valuation metrics are contributing to negative market sentiment.

As of 19-Mar, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at Rs 463.95, which reflects a decrease of Rs 11.55 or 2.43%. This drop follows a trend reversal after three consecutive days of gains, indicating a shift in market sentiment. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>In the context of broader market performance, Triveni Turbine has underperformed significantly over the past year, with a return of -17.88%, while the market (BSE500) has generated a positive return of 1.22%. Additionally, the company's recent financial results showed flat performance, with a low Debtors Turnover Ratio and cash reserves at their lowest levels. Despite strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, the stock's high valuation metrics, such as a Price to Book Value of 11.3, contribute to its current sell sentiment.<BR><BR>Moreover, the engineering sector, in which Triveni Turbine operates, has also seen a decline of 2.43%, aligning with the stock's downward movement. Although there has been a rise in investor participation, with a notable increase in delivery volume, the overall market conditions and the company's recent performance metrics indicate that the stock is facing downward pressure.

Why is Triveni Turbine Ltd. falling/rising?

As of 20-Mar, Triveni Turbine Ltd. is facing a stock price decline to Rs 456.70, down 1.56%, with a total drop of 4.73% over the last two days. The stock is underperforming significantly year-to-date and over the past year, while investor interest is decreasing, contributing to its bearish trend despite some positive long-term fundamentals.

As of 20-Mar, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at Rs 456.70, which reflects a decrease of Rs 7.25 or 1.56%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.73% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the past week, the stock has decreased by 0.66%, and over the last month, it has dropped by 6.99%. Year-to-date, the decline is even more pronounced at 15.13%, and over the past year, the stock has lost 19.58% of its value, significantly underperforming the broader market, which has seen a return of 0.76%. The stock is also close to its 52-week low, just 1.11% away from Rs 447.95.<BR><BR>Investor participation appears to be waning, as evidenced by a 14.62% drop in delivery volume compared to the 5-day average. This reduced interest from investors may further contribute to the stock's downward pressure. Despite some positive long-term fundamentals, such as a strong Return on Equity (ROE) of 22.31% and healthy growth rates in net sales and operating profit, the stock's valuation is considered expensive, with a Price to Book Value of 11.1. This valuation, combined with flat results and a low Debtors Turnover Ratio, raises concerns among investors, leading to the current decline in stock price.

Why is Triveni Turbine Ltd. falling/rising?

As of 23-Mar, Triveni Turbine Ltd. is facing a stock price decline to 439.00, down 3.88%, with a total drop of 7.68% over the last three days and a new 52-week low of Rs. 428.5. The stock has underperformed significantly over the past year and year-to-date compared to the market, indicating a bearish trend and negative outlook despite some long-term strengths.

As of 23-Mar, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at 439.00, which reflects a change of -17.7 or -3.88%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of -7.68% during this period. Additionally, the stock hit a new 52-week low of Rs. 428.5 today, indicating significant selling pressure.<BR><BR>In terms of performance relative to the market, Triveni Turbine's returns over various periods show a concerning trend. Over the past year, the stock has generated a return of -22.52%, significantly underperforming the BSE500 index. Year-to-date, the stock is down -18.42%, while the broader market has only declined by -14.70%. This underperformance is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Despite some positive factors, such as strong long-term fundamental strength and high institutional holdings, the recent flat results and low performance metrics, including a low Debtors Turnover Ratio and cash reserves, contribute to a negative outlook. The stock's valuation appears expensive with a Price to Book Value of 10.7, which may deter potential investors. Overall, the combination of recent price declines, poor performance relative to benchmarks, and concerning financial metrics are driving the stock lower.

Why is Triveni Turbine Ltd. falling/rising?

As of 24-Mar, Triveni Turbine Ltd. is seeing a stock price increase to 443.75, up 1.99% after a trend reversal. This rise is driven by heightened investor interest and aligns with broader market trends, despite a year-to-date decline of 17.53%.

As of 24-Mar, Triveni Turbine Ltd. is experiencing a rise in its stock price, currently at 443.75, reflecting an increase of 8.65 or 1.99%. This upward movement follows a trend reversal after three consecutive days of decline. Notably, the stock opened with a gain of 4.75% today and reached an intraday high of 455.75. <BR><BR>The rise in stock price can be attributed to several factors. There has been a significant increase in investor participation, with delivery volume on 23 March rising by 352.71% compared to the five-day average. This suggests a growing interest in the stock, which may be contributing to the upward price movement. Additionally, the stock's performance today is in line with the sector, indicating that broader market trends may also be supporting its rise.<BR><BR>However, it is important to note that despite this short-term increase, Triveni Turbine Ltd. has faced challenges in the longer term, with a year-to-date decline of 17.53% and a one-year drop of 22.96%. The stock is currently trading below its moving averages, which could indicate underlying weaknesses. Nonetheless, the strong long-term fundamental strength of the company, characterized by a healthy return on equity and low debt-to-equity ratio, may provide a foundation for future growth, even as it navigates current market conditions.

Why is Triveni Turbine Ltd. falling/rising?

As of 25-Mar, Triveni Turbine Ltd. is seeing a stock price increase to 452.55, up 1.8% after two days of gains. However, it underperforms against its sector and moving averages, with declining delivery volume and negative annual returns, indicating potential long-term challenges.

As of 25-Mar, Triveni Turbine Ltd. is experiencing a rise in its stock price, currently at 452.55, with a change of 8.0 (1.8%) upward. This increase follows a period of consecutive gains over the last two days, during which the stock has risen by 4.01%. Additionally, the stock touched an intraday high of Rs 456.9, reflecting a 2.78% increase during the trading day.<BR><BR>Despite this recent positive movement, the stock has underperformed compared to its sector, which has gained by 2.54%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weaker performance relative to its historical price trends. The delivery volume has also seen a significant decline, falling by 58.35% against the 5-day average, suggesting reduced investor participation.<BR><BR>On a broader scale, Triveni Turbine Ltd. has shown strong long-term fundamental strength, with an average Return on Equity (ROE) of 22.31% and healthy growth in net sales and operating profit. However, the company has faced challenges, including flat results in December and a low Debtors Turnover Ratio, which may contribute to concerns about its valuation. The stock's performance over the past year has been negative, with a return of -18.75%, and it has underperformed against benchmarks like the BSE500.<BR><BR>In summary, while Triveni Turbine Ltd. is currently rising in price due to recent gains, it faces significant challenges that could impact its long-term performance and investor sentiment.

Which are the latest news on Triveni Turbine?