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Triveni Turbine Ltd

TRITURBINE

Triveni Turbine Ltd

TRITURBINE
IndustrialsHeavy Electrical Equipments
SmallcapWith a market cap of ₹23,532 cr, stock is ranked 323
High RiskStock is 3.70x as volatile as Nifty
739.850.06% (-0.45)
739.850.06% (-0.45)

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IndustrialsHeavy Electrical Equipments
SmallcapWith a market cap of ₹23,532 cr, stock is ranked 323
High RiskStock is 3.70x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsHeavy Electrical Equipments
SmallcapWith a market cap of ₹23,532 cr, stock is ranked 323
High RiskStock is 3.70x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
74.6924.480.49%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.667.190.53%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 7 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Triveni Turbine limited is a holding company, engaged in the manufacturing of steam turbines and parts thereof.

Investor Presentation

View older 

Nov 11, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 14.84%, vs industry avg of 0.15%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.32% to 2.84%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 21.84%, vs industry avg of 28.06%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue737.76777.95759.24859.35841.55726.931,099.021,290.171,716.341,928.01
Raw Materialssubtract426.67386.54378.27510.33423.23358.24432.98675.12858.191,473.77
Power & Fuel Costsubtract2.362.233.494.053.413.353.954.865.13
Employee Costsubtract68.9581.8888.0699.12101.5586.95102.93128.54161.29
Selling & Administrative Expensessubtract47.5555.7360.2965.4566.1462.2762.0285.11112.71
Operating & Other expensessubtract7.7650.4163.947.7965.8361.02109.20118.61195.31
Depreciation/Amortizationsubtract15.2714.8019.1220.1220.1120.2120.2819.9020.7523.06
Interest & Other Itemssubtract2.171.762.283.115.342.822.872.535.183.13
Taxes & Other Itemssubtract54.0561.0547.8149.1534.1629.6394.6062.9688.65112.99
EPS3.423.742.913.073.773.178.366.018.479.91
DPS1.101.201.000.000.501.201.950.003.603.60
Payout ratio0.320.320.340.000.130.380.230.000.430.36

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 13PDF
Feb 1PDF
Oct 26PDF
FY 2023

Annual report

PDF

Investor Presentation

May 16PDF
Feb 20PDF
Jan 23PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 11PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsHeavy Electrical Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Triveni Turbine Ltd87.4424.480.49%
ABB India Ltd130.7627.320.38%
CG Power and Industrial Solutions Ltd80.5738.090.17%
Bharat Heavy Electricals Ltd310.123.580.10%

Price Comparison

Compare TRITURBINE with any stock or ETF
Compare TRITURBINE with any stock or ETF
TRITURBINE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.84%10.81%0.68%28.09%4.58%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep26.78%27.68%27.28%27.26%27.51%28.09%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Triveni Turbine Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Small Cap Fund - Growth - Direct Plan

Growth
2.8977%2.06%0.19%16/63 (+4)
Nippon India Multi Cap Fund - Growth - Direct Plan

Growth
0.7196%0.44%-0.04%71/122 (-1)
Canara Robeco Small Cap Fund - Growth - Direct Plan

Growth
0.5289%1.01%0.12%41/105 (+16)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 6, 2024

Final
Final | Div/Share: ₹1.30

Dividend/Share

₹1.30

Ex DateEx Date

Sep 6, 2024

Cash Dividend

Ex DateEx DateFeb 16, 2024

Interim
Interim | Div/Share: ₹1.30

Dividend/Share

₹1.30

Ex DateEx Date

Feb 16, 2024

Cash Dividend

Ex DateEx DateFeb 16, 2024

Special
Special | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Feb 16, 2024

Cash Dividend

Ex DateEx DateAug 11, 2022

Final
Final | Div/Share: ₹0.85

Dividend/Share

₹0.85

Ex DateEx Date

Aug 11, 2022

Cash Dividend

Ex DateEx DateAug 11, 2022

Special
Special | Div/Share: ₹0.70

Dividend/Share

₹0.70

Ex DateEx Date

Aug 11, 2022

News & Opinions
Spotlight
Triveni Turbine jumps as Q2 PAT climbs 42% YoY to Rs 91 crore

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

3 weeks agoCapital Market - Live
Earnings
Triveni Turbine consolidated net profit rises 41.59% in the September 2024 quarter

Net profit of Triveni Turbine rose 41.59% to Rs 90.90 crore in the quarter ended September 2024 as against Rs 64.20 crore during the previous quarter ended September 2023. Sales rose 29.22% to Rs 501.10 crore in the quarter ended September 2024 as against Rs 387.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales501.10387.80 29 OPM %22.2319.13 - PBDT130.2088.10 48 PBT124.1083.00 50 NP90.9064.20 42 Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Triveni Turbine to declare Quarterly Result

Triveni Turbine will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Triveni Turbine to conduct AGM

Triveni Turbine announced that the 29th Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Triveni Turbine consolidated net profit rises 31.74% in the June 2024 quarter

4 months agoBusiness Standard
Corporate
Triveni Turbine fixes record date for final dividend

Triveni Turbine has fixed 06 September 2024 as record date for payment of final dividend. The dividend will be paid on or before 11 October 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Triveni Turbine consolidated net profit rises 31.74% in the June 2024 quarter

Net profit of Triveni Turbine rose 31.74% to Rs 80.03 crore in the quarter ended June 2024 as against Rs 60.75 crore during the previous quarter ended June 2023. Sales rose 23.08% to Rs 463.28 crore in the quarter ended June 2024 as against Rs 376.42 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales463.28376.42 23 OPM %20.6418.83 - PBDT113.9883.49 37 PBT107.8378.61 37 NP80.0360.75 32 Powered by Capital Market - Live

4 months agoCapital Market - Live

Stock Alert: Britannia Inds, Titan Company, Divis Lab, State Bank of India, Delhivery, Sheela Foam

4 months agoBusiness Standard
Corporate
Triveni Turbine to discuss results

Triveni Turbine will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Triveni Turbine Q4 Results Review - Robust Growth In Order Inflows To Continue: Nirmal Bang

6 months agoBloomberg Quint