Triveni Turbine logo

Triveni Turbine

TRITURBINE NSE

Key Fundamentals

SmallcapElectrical EquipmentCapital Goods
Market Cap
₹17,117 Cr
Volatility
Moderate
P/E Ratio
50.05
EBITDA
₹527 Cr
Return on Equity
24.17%
Debt to Equity
0.02
Book Value
₹45.49
EPS
₹9.07
52W High
₹787.6
52W Low
₹428.35

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

4
  • Company is almost debt free.
  • Company has delivered good profit growth of 25.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.3%
  • Company has been maintaining a healthy dividend payout of 38.9%

Weaknesses

3
  • Stock is trading at 11.6 times its book value
  • Debtor days have increased from 70.8 to 107 days.
  • Working capital days have increased from 26.3 days to 71.2 days

Growth Rate

Revenue Growth
8.18% lower than 3Y
Net Income Growth
-2.54% lower than 3Y
Cash Flow Change
-40.58% higher than 3Y
ROE
-17.82% lower than 3Y
ROCE
-17.4% lower than 3Y
EBITDA Margin (Avg.)
-5.97% lower than 3Y

AI Analysis — Bull vs Bear

4d ago
AI opinion · based on fundamentals
Risk medium

Triveni Turbine has a market capitalisation of about ₹17,588 crore and trades at a P/E of 52.5 and 12.19 times book value. Over five years it grew sales and profit at a 25% CAGR and averaged 24% ROE, with almost no debt. Recent numbers look weaker: TTM profit grew only 2% against 18% sales growth, debtor days rose from 70.8 to 107, and working capital days rose from 26.3 to 71.2.

Bull Case 7
  • Profit compounded at 25.1% CAGR over 5 years and 25% over 3 years, showing sustained earnings growth over a multi-year period.
  • ROE has stayed high: 27.3% over 3 years, 24% over 5 and 10 years, and 25% last year. The company earns high returns on shareholder capital across cycles.
  • The company is almost debt free. That lowers financial risk and interest costs and leaves room to fund growth with its own cash.
  • Sales grew at a 25% CAGR over 5 years and 20% over 3 years, and TTM sales are still up 18%. Demand for its products has held up.
  • Dividend payout is 38.9%, with a 0.77% yield. The company returns cash to shareholders while still reinvesting for growth.
  • The stock returned a 31% CAGR over 5 years and 16% over 10 years. Over longer periods, returns have tracked the growth in fundamentals.
  • Sales growth has sped up, from a 12% 10-year CAGR to 25% over 5 years. The business has grown faster in recent years than over its longer history.
Bear Case 7
  • TTM profit grew only 2% while sales grew 18%. The gap suggests margin compression or rising costs, well below the 25% 5-year profit CAGR.
  • The stock trades at 12.19 times book value and a P/E of 52.5. That is a high valuation, so the price is sensitive to any slowdown in growth or returns.
  • Working capital days rose from 26.3 to 71.2, so much more cash is tied up in running the business. This can squeeze cash flow even while reported profits grow.
  • Debtor days rose from 70.8 to 107. Customers are taking longer to pay, which may point to more lenient credit terms or collection problems.
  • The stock returned only 8% CAGR over both 1 and 3 years, against a 31% 5-year CAGR. The stock has already slowed down, even though earnings grew 25% over 3 years.
  • A P/E of 52.5 is about 26 times the 2% TTM profit growth. Near-term earnings growth is far below what the valuation implies.
  • The dividend yield is only 0.77%, so income gives little protection if the valuation falls back toward long-term norms.

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

1d ago
Positives 1
  • Final dividend of ₹2 approved Sep 9

    At the 31st AGM on September 9, 2026, shareholders approved a final dividend of ₹2 per share. The payout points to steady cash generation and continued returns to shareholders.

Neutral 2
  • UBS investor plant visit Sep 2

    Triveni Turbine scheduled a physical investor meeting and plant visit at its Sompura facility in Bengaluru on September 8, 2026, as part of a UBS India Industrial field trip. The company said no UPSI would be shared.

  • Directors re-appointed at AGM Sep 9

    Shareholders re-appointed key directors at the 31st AGM, held via VC/OAVM on September 9, 2026. This keeps board continuity in place, with no change in governance direction.

TL;DR: The recent news flow for Triveni Turbine is routine corporate activity with no reported negatives. Shareholders approved a ₹2 per share final dividend and re-appointed directors, and the UBS-hosted plant visit shows institutional investors are still engaged. These articles say nothing about order inflows, margins or export demand, so they don't show whether the business trend is improving or getting worse. The next quarterly results and order book updates will be the main signals for the stock's direction.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
376
388
432
458
463
501
503
538
371
506
624
680
443
Expenses
306
314
348
368
368
390
394
418
298
392
491
552
391
Operating Profit
71
74
84
90
96
111
109
120
74
115
133
128
51
OPM %
19%
19%
19%
20%
21%
22%
22%
22%
20%
23%
21%
19%
12%
Other Income
13
14
17
18
19
20
22
20
22
18
4
16
28
Interest
1
1
1
1
1
1
0
1
1
0
1
1
1
Depreciation
5
5
6
5
6
6
6
8
8
8
9
9
9
PBT
79
83
95
102
108
124
125
132
87
125
127
134
70
Tax %
22%
23%
28%
25%
25%
27%
26%
28%
26%
27%
28%
24%
27%
Net Profit
61
64
68
76
80
91
93
95
64
91
92
102
51
EPS in Rs
1.91
2.02
2.15
2.39
2.52
2.86
2.91
2.95
2.03
2.87
2.9
3.21
1.61
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
651
713
745
751
840
818
703
852
1,248
1,654
2,006
2,181
2,252
Expenses
526
553
577
594
687
660
553
692
1,012
1,333
1,566
1,729
1,826
Operating Profit
125
160
168
157
153
158
149
161
235
321
439
452
427
OPM %
19%
22%
23%
21%
18%
19%
21%
19%
19%
19%
22%
21%
19%
Other Income
30
25
33
8
19
24
6
227
43
62
81
61
67
Interest
4
2
2
2
3
5
3
3
3
5
6
5
2
Depreciation
16
15
15
19
20
20
20
20
20
21
26
34
36
PBT
136
167
185
144
149
156
132
365
256
358
489
473
456
Tax %
32%
32%
33%
33%
33%
22%
22%
26%
25%
25%
27%
26%
—
Net Profit
93
113
124
96
100
122
102
270
193
269
359
349
336
EPS in Rs
2.74
3.42
3.74
2.91
3.1
3.77
3.17
8.36
6.06
8.47
11.24
11
10.59
Div. Payout %
31%
32%
32%
34%
0%
13%
38%
23%
0%
43%
36%
39%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
33
33
33
33
32
32
32
32
32
32
32
32
Reserves
196
266
370
419
401
498
605
824
729
928
1,185
1,414
Borrowings
13
1
0
0
0
1
4
2
4
3
39
36
Other Liabilities
333
278
242
303
311
295
307
493
593
707
783
1,037
Total Liabilities
575
578
646
755
744
826
948
1,352
1,357
1,670
2,039
2,518
Fixed Assets
155
132
232
226
254
246
248
247
269
283
323
363
CWIP
6
33
10
39
5
7
1
3
5
1
19
17
Investments
23
20
17
20
19
152
296
478
379
458
348
304
Other Assets
391
393
386
472
466
420
403
624
703
928
1,348
1,834
Total Assets
575
578
646
755
744
826
948
1,352
1,357
1,670
2,039
2,518
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
71
140
82
91
148
188
187
433
196
271
187
111
Investing
-34
-46
-75
-49
-8
-128
-214
-363
89
-195
-7
33
Financing
-37
-70
-19
-48
-124
-21
-2
-75
-288
-76
-111
-141
Net Cash Flow
-1
24
-11
-6
15
39
-29
-5
-3
-1
69
2
Free Cash Flow
60
97
-1
44
133
176
174
419
157
240
144
39
CFO/OP
93
118
83
90
128
145
147
326
110
107
71
53
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
83
68
74
101
76
56
40
43
38
39
66
107
Inventory Days
129
143
138
174
171
146
170
138
122
108
78
84
Days Payable
126
82
88
139
91
51
76
85
64
78
125
176
Cash Conversion Cycle
85
129
124
136
157
151
134
97
96
70
20
15
Working Capital Days
21
42
60
81
64
31
-6
-57
-48
-39
47
71
ROCE %
63%
57%
52%
34%
34%
32%
25%
21%
29%
38%
41%
34%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Triveni Turbine insights

64 extracted metrics + investor summaries across FY07–FY27.

Log in — free

Shareholding Pattern

Others1.30%Promot.55.84%Public6.30%DIIs15.98%FIIs20.58%As ofJun 2026

Documents

Frequently Asked Questions about Triveni Turbine

What does Triveni Turbine Ltd do?
Triveni Turbine Ltd is primarily engaged in business of manufacture and supply of power generating equipment and solutions. [1] It was a division of Triveni Engineering & Industries Ltd[2] since 1970s and was demerged w.e.f from Oct 2010 into a separate entity.[3]
Where is Triveni Turbine Ltd (TRITURBINE) listed?
Triveni Turbine Ltd trades as TRITURBINE on the NSE and under code 533655 on the BSE.
Which sector does Triveni Turbine Ltd belong to?
Triveni Turbine Ltd is classified under the Capital Goods sector, in the Electrical Equipment industry.
What is the market capitalisation of Triveni Turbine Ltd?
Triveni Turbine Ltd has a market capitalisation of ₹17,117 Cr, which places it in the Mid Cap band.
What is the PE ratio of Triveni Turbine Ltd?
Triveni Turbine Ltd trades at a PE ratio of 50.05, on earnings per share of ₹9.07, against a book value of ₹45.49 per share.
What is the 52-week high and low of Triveni Turbine Ltd?
Over the last 52 weeks Triveni Turbine Ltd has traded between ₹428.35 and ₹787.6.
Does Triveni Turbine Ltd pay dividends?
Triveni Turbine Ltd has a dividend yield of 0.79%.
What is the Return on Equity (ROE) of Triveni Turbine Ltd?
Triveni Turbine Ltd reported a return on equity of 24.17%. Its debt-to-equity ratio is 0.02.

Company Information

Triveni Turbine Ltd is primarily engaged in business of manufacture and supply of power generating equipment and solutions. [1] It was a division of Triveni Engineering & Industries Ltd[2] since 1970s and was demerged w.e.f from Oct 2010 into a separate entity.[3]

Website triveniturbines.com
CEO Mr. Dhruv Manmohan Sawhney
Employees 928
Listed 2011-10-28
Face Value ₹ 1
Issued Size 31,78,86,270

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/TRITURBINE.md for Triveni Turbine Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Capital Goods → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List