Triveni Turbine Limited (IN:TRITURBINE)
:TRITURBINE
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Triveni Turbine Limited
(TRITURBINE)
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Rating:69Neutral
Price Target:
₹481.00
▼(-10.74% Downside)
Action:ReiteratedDate:02/04/26
The score is driven primarily by strong financial performance (rapid revenue growth, sharply improved margins, and a low-leverage balance sheet). This is offset by weaker cash generation (free cash flow decline), mixed technical signals (negative MACD despite strong recent pricing), and a high valuation (P/E ~47 with a low dividend yield).
Positive Factors
Revenue & Margin Expansion
Sustained 22% top-line growth alongside a dramatic gross margin uplift to 50.13% (from ~27.6%) and a 17.8% net margin indicate structural improvements in pricing, cost control and product mix. These durable operating gains support reinvestment and long-term profitability resilience.
Negative Factors
Weaker Free Cash Flow
A near-40% fall in free cash flow despite stronger accounting profits suggests cash conversion strain, likely from higher working capital or project timing. Persistently weaker FCF can limit capex, dividend capacity and organic growth funding, increasing reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Margin Expansion
Sustained 22% top-line growth alongside a dramatic gross margin uplift to 50.13% (from ~27.6%) and a 17.8% net margin indicate structural improvements in pricing, cost control and product mix. These durable operating gains support reinvestment and long-term profitability resilience.
Read all positive factors
Triveni Turbine Limited (TRITURBINE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹147.71B
Dividend Yield0.75%
Average Volume (3M)25.91K
Price to Earnings (P/E)46.4
Beta (1Y)1.39
Revenue Growth3.49%
EPS Growth8.54%
CountryIN
Employees819
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)3.30
Shares Outstanding317,892,030
10 Day Avg. Volume42,866
30 Day Avg. Volume25,912
Financial Highlights & Ratios
PEG Ratio1.43
Price to Book (P/B)13.97
Price to Sales (P/S)8.47
P/FCF Ratio118.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)13.88
Revenue Forecast (FY)₹24.47B
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 ap...
How the Company Makes Money
Triveni Turbine primarily makes money through (1) sale of new industrial steam turbines and turbine-generator packages and (2) recurring aftermarket/service revenue from its installed base. New equipment revenue is generated from engineering and m...
Triveni Turbine Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.19B | 20.06B | 16.44B | 12.38B | 8.41B | 6.96B |
| Gross Profit | 8.51B | 10.06B | 4.53B | 3.25B | 2.25B | 2.17B |
| EBITDA | 5.00B | 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 | 21.95B | 20.19B | 16.73B | 13.57B | 13.50B | 9.54B |
| Cash, Cash Equivalents and Short-Term Investments | 9.98B | 6.72B | 8.58B | 6.64B | 7.51B | 3.84B |
| Total Debt | 384.00M | 391.00M | 31.18M | 37.16M | 26.55M | 42.15M |
| Total Liabilities | 8.91B | 8.00B | 7.11B | 5.96B | 4.92B | 3.16B |
| Stockholders Equity | 13.00B | 12.16B | 9.60B | 7.60B | 8.57B | 6.38B |
Cash Flow | ||||||
| Free Cash Flow | 25.00M | 1.44B | 2.39B | 1.57B | 4.18B | 1.74B |
| Operating Cash Flow | 387.00M | 1.87B | 2.71B | 1.96B | 4.33B | 1.87B |
| Investing Cash Flow | 120.00M | -113.00M | -1.97B | 861.60M | -3.86B | -2.14B |
| Financing Cash Flow | -661.00M | -1.11B | -763.67M | -2.88B | -746.11M | -18.46M |
Triveni Turbine Limited Technical Analysis
Positive
538.90
Price Trends
476.96
Negative
502.61
Negative
529.61
Negative
Market Momentum
-6.40
Negative
50.06
Neutral
71.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRITURBINE, the sentiment is Positive. The current price of 538.9 is above the 20-day moving average (MA) of 459.14, above the 50-day MA of 476.96, and above the 200-day MA of 529.61, indicating a neutral trend. The MACD of -6.40 indicates Negative momentum. The RSI at 50.06 is Neutral, neither overbought nor oversold. The STOCH value of 71.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TRITURBINE.
Triveni Turbine Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹147.71B | 46.44 | ― | 0.75% | 3.49% | 8.54% | |
67 Neutral | ₹75.84B | 40.77 | ― | 0.97% | 6.51% | -1.61% | |
65 Neutral | ₹84.53B | 28.99 | ― | 0.07% | 33.60% | 100.44% | |
64 Neutral | ₹184.29B | 63.58 | ― | ― | 19.91% | 22.13% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | ₹67.78B | 24.01 | ― | 0.59% | -4.14% | -35.66% | |
57 Neutral | ₹187.73B | 45.47 | ― | ― | 71.99% | 119.37% |
* Industrials Sector Average
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Triveni Turbine Limited Corporate Events
Triveni Turbine Publishes Postal Ballot Notice, Opens Special Demat Window
Feb 25, 2026
Triveni Turbine Limited has notified stock exchanges that it has published newspaper advertisements announcing the completion of electronic dispatch of its Postal Ballot notice to shareholders, including e-voting instructions, in line with the Com...
Triveni Turbine Publishes Q3 and Nine-Month FY26 Financial Results in Leading Dailies
Feb 4, 2026
Triveni Turbine Limited has notified the stock exchanges that it has published newspaper advertisements carrying extracts of its unaudited financial results for the third quarter and nine months ended 31 December 2025. In compliance with SEBI List...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.