Triveni Turbine Limited (TRITURBINE) AI Stock Analysis

• Market Cap: ₹164.73B
• Dividend Yield: 0.75%
• Average Volume (3M): 25.91K
• Price to Earnings (P/E): 48.2
• Beta (1Y): 1.35
• Revenue Growth: 3.49%
• EPS Growth: 8.54%
• Country: IN
• Employees: 819
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 2.90
• Shares Outstanding: 317,886,260
• 10 Day Avg. Volume: 42,866
• 30 Day Avg. Volume: 25,912
• PEG Ratio: 1.43
• Price to Book (P/B): 13.97
• Price to Sales (P/S): 8.47
• P/FCF Ratio: 118.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹584.00 ▲(8.37% Upside)

Triveni Turbine Limited shows strong financial performance with robust revenue and profit growth, contributing significantly to the overall score. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates the stock may be overvalued. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates robust demand for its products and effective market penetration, supporting long-term business expansion.

Profit Margin Improvement

Improved profit margins reflect better cost management and operational efficiency, enhancing the company's profitability and competitive position.

Low Leverage

Minimal leverage provides the company with financial stability and flexibility to invest in growth opportunities without significant debt burden.

Negative Factors

Decline in Free Cash Flow

A significant decline in free cash flow could constrain the company's ability to fund new projects and return capital to shareholders, impacting future growth.

Decreased Return on Equity

A decline in ROE suggests reduced efficiency in generating profits from shareholders' equity, potentially affecting investor confidence and valuation.

Challenges in Cash Generation

Challenges in cash generation could limit the company's ability to invest in growth initiatives and maintain financial health over the long term.

Triveni Turbine Limited Business Overview & Revenue Model

Company Description

Triveni Turbine Limited, together with its subsidiaries, engages in the manufacture and supply of power generating equipment and solutions in India. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; American Petroleum Institute (API) compliant steam turbines; and sustainable modularly arranged pressure reducing turbines, as well as spares parts. It is also involved in the provision of various steam turbine service solutions, such as predictive and preventive maintenance, long term service agreements, troubleshooting and health check-up, automation solutions, improvement and restoration, up gradation, modification and conversion package, balance of plant solutions, turnkey solutions, operation and maintenance, high speed balancing, remote monitoring & diagnostic solution, and training programs; and trading of steam turbines and parts. The company's turbines are used in various applications, such as co-generation, combined heat & power generation, waste to energy, captive power generation, and independent power generation. It serves barge mounted and biomass independent power plants (IPPs), carbon black, cement, chemicals and fertilizers, distillery, district heating, food and beverage, municipal solid waste IPPs, oil and gas, palm oil, pulp and paper, steel, sugar, and textile industries. The company also exports its products. Triveni Turbine Limited was incorporated in 1995 and is headquartered in Bengaluru, India.

How the Company Makes Money

Triveni Turbine Limited generates revenue primarily through the sale of steam turbines and related power generation equipment. Their revenue model is based on the manufacturing and sale of these turbines, which are tailored for diverse industrial applications. Key revenue streams include direct sales to end-users, government contracts, and long-term service agreements for maintenance and support of turbine systems. Additionally, TRITURBINE benefits from strategic partnerships with various industrial players, allowing them to expand their market reach and enhance product offerings. They also engage in providing consultancy and design services, further diversifying their income sources. The growing demand for sustainable and efficient energy solutions significantly contributes to their earnings, especially as industries transition towards renewable energy sources.

Triveni Turbine Limited Financial Statement Overview

Summary

Triveni Turbine Limited exhibits strong financial health, driven by impressive revenue and profit growth. The company's balance sheet is solid with low leverage, though the decline in ROE and free cash flow growth may pose future challenges. Overall, the financials indicate a stable and growing business with potential areas for improvement.

Income Statement

Triveni Turbine Limited has shown significant revenue growth, with a 22% increase from 2024 to 2025. The gross profit margin improved to 50.13% in 2025 from 27.57% in 2024, indicating better cost management. The net profit margin also strengthened to 17.82% in 2025. These factors reflect strong operational performance, although the EBIT and EBITDA margins show room for further improvement.

Balance Sheet

The company maintains a robust equity position with an equity ratio of 60.23% in 2025, reflecting financial stability. The debt-to-equity ratio is low at 0.03, indicating minimal leverage. However, return on equity decreased slightly to 29.36% in 2025, suggesting reduced profitability relative to equity.

Cash Flow

Free Cash Flow decreased by 39.89% from 2024 to 2025, signaling potential challenges in cash generation. However, the company maintains a healthy operating cash flow to net income ratio of 0.52 in 2025. The decline in free cash flow growth warrants attention, despite efficient cash conversion from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.14B	20.06B	16.44B	12.38B	8.41B	6.96B
Gross Profit	7.84B	10.06B	4.53B	3.25B	2.25B	2.17B
EBITDA	4.98B	5.18B	3.84B	2.78B	3.92B	1.50B
Net Income	3.42B	3.57B	2.69B	1.93B	2.70B	1.02B
Balance Sheet
Total Assets	0.00	20.19B	16.73B	13.57B	13.50B	9.54B
Cash, Cash Equivalents and Short-Term Investments	6.72B	6.72B	8.58B	6.64B	7.51B	3.84B
Total Debt	0.00	391.00M	31.18M	37.16M	26.55M	42.15M
Total Liabilities	-12.20B	8.00B	7.11B	5.96B	4.92B	3.16B
Stockholders Equity	12.20B	12.16B	9.60B	7.60B	8.57B	6.38B
Cash Flow
Free Cash Flow	0.00	1.44B	2.39B	1.57B	4.18B	1.74B
Operating Cash Flow	0.00	1.87B	2.71B	1.96B	4.33B	1.87B
Investing Cash Flow	0.00	-113.00M	-1.97B	861.60M	-3.86B	-2.14B
Financing Cash Flow	0.00	-1.11B	-763.67M	-2.88B	-746.11M	-18.46M

Triveni Turbine Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 538.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRITURBINE, the sentiment is Negative. The current price of 538.9 is above the 20-day moving average (MA) of 534.88, above the 50-day MA of 535.78, and below the 200-day MA of 552.66, indicating a bearish trend. The MACD of 0.74 indicates Positive momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 66.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TRITURBINE.

Triveni Turbine Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JYOTICNC	71 Outperform	₹210.74B	60.89	―	―	19.91%	22.13%
TRITURBINE	68 Neutral	₹164.73B	48.16	―	0.75%	3.49%	8.54%
TARIL	65 Neutral	₹82.35B	30.58	―	0.07%	33.60%	100.44%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KIRLPNU	60 Neutral	₹68.11B	36.42	―	0.97%	6.51%	-1.61%
ISGEC	58 Neutral	₹60.99B	32.55	―	0.59%	-4.14%	-35.66%
INOXWIND	52 Neutral	₹246.98B	35.69	―	―	71.99%	119.37%

Triveni Turbine Limited Corporate Events

Triveni Turbine Limited Strengthens Operations with Key Appointments and Office Relocation

Triveni Turbine Limited announced the re-appointment of Ernst & Young LLP as its internal auditor for another three years. The company also approved its unaudited financial results for the second quarter and half-year ending September 30, 2025, and decided to shift its registered and corporate office within Noida, Uttar Pradesh. These strategic moves are expected to strengthen the company’s operational framework and maintain transparency in its financial practices, potentially enhancing stakeholder confidence.