Triveni Turbine Ltd

Triveni Turbine Ltd is up for a third straight session in a row. The stock is quoting at Rs 536.35, up 7.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74133.19, up 0.55%. Triveni Turbine Ltd has dropped around 7.84% in last one month. Meanwhile, Nifty Energy index of which Triveni Turbine Ltd is a constituent, has dropped around 3.73% in last one month and is currently quoting at 31099.45, up 1.59% on the day. The volume in the stock stood at 70.36 lakh shares today, compared to the daily average of 18.43 lakh shares in last one month.The PE of the stock is 51.34 based on TTM earnings ending December 24.Powered by Capital Market - Live

Triveni Turbine Ltd fell for a fifth straight session today. The stock is quoting at Rs 476.2, down 2.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 22150.4. The Sensex is at 73194.07, down 0.01%.Triveni Turbine Ltd has lost around 16.97% in last one month.Meanwhile, Nifty Energy index of which Triveni Turbine Ltd is a constituent, has eased around 8.94% in last one month and is currently quoting at 30018.15, down 0.21% on the day. The volume in the stock stood at 15.24 lakh shares today, compared to the daily average of 21.05 lakh shares in last one month.The PE of the stock is 49.45 based on TTM earnings ending December 24.Powered by Capital Market - Live

Triveni Turbine announced that the Board of Directors of the Company at its meeting held on 31 January 2025, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Triveni Turbine rose 35.48% to Rs 92.40 crore in the quarter ended December 2024 as against Rs 68.20 crore during the previous quarter ended December 2023. Sales rose 16.61% to Rs 503.40 crore in the quarter ended December 2024 as against Rs 431.70 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales503.40431.70 17 OPM %21.7119.37 - PBDT131.10100.20 31 PBT124.6094.70 32 NP92.4068.20 35 Powered by Capital Market - Live

Triveni Turbine Ltd gained for a third straight session today. The stock is quoting at Rs 651.4, up 2.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 23468.7. The Sensex is at 77348.06, up 0.77%. Triveni Turbine Ltd has slipped around 13.58% in last one month. Meanwhile, Nifty Energy index of which Triveni Turbine Ltd is a constituent, has slipped around 4.73% in last one month and is currently quoting at 33026.05, up 2.21% on the day. The volume in the stock stood at 4.28 lakh shares today, compared to the daily average of 6.07 lakh shares in last one month.The PE of the stock is 73.02 based on TTM earnings ending September 24.Powered by Capital Market - Live

Triveni Turbine has received an order valued at Rs 290 crore from NTPC for the project of CO2-based standalone Energy Storage System at NTPC Kudgi, KarnatakaPowered by Capital Market - Live

Triveni Turbine Ltd is down for a fifth straight session today. The stock is quoting at Rs 617.4, down 4.98% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22871.55. The Sensex is at 75485.37, down 0.93%.Triveni Turbine Ltd has lost around 16.48% in last one month.Meanwhile, Nifty Energy index of which Triveni Turbine Ltd is a constituent, has eased around 6.48% in last one month and is currently quoting at 33263.55, down 2.07% on the day. The volume in the stock stood at 3.06 lakh shares today, compared to the daily average of 5.84 lakh shares in last one month.The PE of the stock is 74.68 based on TTM earnings ending September 24.Powered by Capital Market - Live

Triveni Turbine will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live

Triveni Turbine Ltd is up for a third straight session today. The stock is quoting at Rs 761.95, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.29% on the day, quoting at 24048.55078125. The Sensex is at 79487.22, up 1.25%. Triveni Turbine Ltd has gained around 3.01% in last one month. Meanwhile, Nifty Energy index of which Triveni Turbine Ltd is a constituent, has gained around 6.69% in last one month and is currently quoting at 35430.45, up 0.12% on the day. The volume in the stock stood at 2.36 lakh shares today, compared to the daily average of 13.64 lakh shares in last one month.The PE of the stock is 86.66 based on TTM earnings ending September 24.Powered by Capital Market - Live

The company achieved highest ever quarterly revenue, EBITDA along with a record closing order book providing good visibility for the near term. Domestic sales increased by 32% YoY to Rs 279 crore while export sales grew by 26% YoY to Rs 222 crore during the period under review. Profit before tax stood at Rs 124.1 crore in the September 2024 quarter, up 49.52% from Rs 83 crore posted in the corresponding quarter last year. EBITDA climbed 47% YoY to Rs 131 crore in the quarter ended 30 September 2024. EBITDA margin improved to 26.1% in Q2 FY25 as against 22.9% recorded in the corresponding quarter last year. The company achieved order booking of Rs 572 crore in Q2 FY25 as against Rs 459 crore during Q2 FY24, registering a growth of 25% driven by export order booking of Rs 304 crore, which grew by 50% YoY during the quarter. Domestic order booking was muted at Rs 268 crore in Q2 FY25, which grew 4% YoY. Exports order booking contributed to 53% of overall order booking in Q2 FY25, which places the company well from a profitability perspective and will also aid in generating new business enquiries. Total consolidated outstanding order book stood at a record Rs 1,796 crore as on 30 September 2024, up 22% YoY. The domestic outstanding order book stood at Rs 709 crore, which was lower by 16% as compared to the previous year. The export outstanding order book stood at Rs 1,087 crore as on 30 September 2024, up 71% YoY and contributing to 61% of the closing order book. Dhruv M. Sawhney, chairman and MD, Triveni Turbine, said, 'Revenues for H1 FY 24 grew 26%, with improved margins leading to higher Profit Before Tax (PBT) growth of 43% and Profit After Tax growth of 37%, over the previous corresponding period. The Aftermarket business has been expanding its horizons through a wider array of customer solutions going beyond industrial steam turbines to other rotating equipment, while expanding its global footprint. During Q2 FY25, we received breakthrough Aftermarket orders from a diverse set of customers which led to the highest ever quarterly order booking of Rs 1.74 billion, growing by 13% YoY. The Aftermarket business also registered the highest ever turnover of Rs 1.65 billion during the quarter, which grew 38% YoY. The segment contributed to a healthy 33% of the total turnover in Q2 FY25, as compared to 31% in previous corresponding period. In response to the growing demand for higher efficiencies and sustainable power generation, the company is actively pursuing a robust R&D program aimed at advancing its product portfolio through digitization, and the development of innovative solutions aligned with energy transition and sustainability goals. We are deeply committed to integrating digital technologies that enhance operational efficiency, streamline production processes, and enable data-driven insights to optimize our offerings. These digital advancements not only help strengthen our market reach but also enable us to deliver personalized, customer-centric solutions that meet the evolving needs of our clients. With respect to its outlook, the company stated, 'Expect to maintain robust business performance in the medium-term. This expectation is supported by a substantial backlog of orders in renewable, API and IPG (industrial power generation) turbines, along with successful market expansions. The Aftermarket business also shows promising growth prospects, bolstered by an expanding range of offerings, including spare parts, services and refurbishments, designed to cater to a broader customer base of rotating equipment encompassing - steam turbines, gas turbines, utility turbines, and geothermal turbines. The company's expanding presence in global markets, along with the increasing demand for renewable energy, energy efficiency, waste-to-energy (WtE), and decentralized power solutions, continues to present substantial growth opportunities for Triveni Turbines. The company is confident that leveraging these opportunities, both domestically and internationally, will enable it to maintain growth and profitability in the coming years.' Triveni Turbine has core competency in the area of industrial steam turbines designing and manufacturing up to 100 MW size. The company is amongst the leading manufacturers of industrial steam turbines both in India and globally. Powered by Capital Market - Live