Triveni Engineering and Industries Limited (TRIVENI) AI Stock Analysis

• Market Cap: ₹77.79B
• Dividend Yield: 0.7%
• Average Volume (3M): 17.39K
• Price to Earnings (P/E): 36.0
• Beta (1Y): 1.12
• Revenue Growth: 12.47%
• EPS Growth: -39.71%
• Country: IN
• Employees: 2,872
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Food Confectioners
• EPS (TTM): 0.10
• Shares Outstanding: 218,897,960
• 10 Day Avg. Volume: 12,865
• 30 Day Avg. Volume: 17,393
• PEG Ratio: -1.01
• Price to Book (P/B): 3.02
• Price to Sales (P/S): 1.65
• P/FCF Ratio: -20.26
• 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: ₹364.00
• Price Target Upside: 2.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: ₹364.00 ▲(2.43% Upside)

Triveni Engineering and Industries Limited's overall stock score is primarily influenced by its mixed financial performance and moderate technical indicators. While revenue growth is positive, declining profitability and cash flow issues are significant concerns. The stock's technical indicators show short-term strength but long-term weakness. The valuation suggests potential overvaluation, which could limit upside potential.

Triveni Engineering and Industries Limited Business Overview & Revenue Model

Company Description

Triveni Engineering & Industries Limited engages in the sugar and engineering businesses in India and internationally. The company manufactures and sells white crystal sugar for beverages, food, and fast moving consumer goods (FMCG) companies; pharmaceutical companies; and confectionery producers, as well as offers sugar under the Shagun brand. It also sells surplus molasses and bagasse produced as a by-product in the manufacture of sugar; produces ethanol, extra neutral alcohol, rectified spirit, and denatured spirit; and operates a 104.5 MW grid connected co-generation facility. In addition, the company manufactures and sells high-speed gears and gearboxes for gas and steam turbines, compressors, pumps, blowers, and other industry applications; low-speed gearboxes for hydel turbines, steel mills, sugar mills, rubber mixers and extruders, cement mills, thermal plants, plastics, and other industries; and reciprocating compressors, pumps, and marine offerings. Further, it provides diagnostics and troubleshooting support, reverse engineering, replacement solutions, overhauling, on-site training and assistance, upgradation and automation of existing plants, and installation and commissioning services; refurbishment solutions; and health monitoring of gearboxes. Additionally, the company offers water and wastewater management solutions, as well as recycles water; trades in various FMCG; and retails diesel/petrol. It also develops and manufactures propulsion gearboxes, auxiliary power gas turbines generators, steam turbines, turbo alternator turbines, turbo pumps for the Indian defense forces, as well as steering systems. Triveni Engineering & Industries Limited was incorporated in 1932 and is headquartered in Noida, India.

How the Company Makes Money

Triveni Engineering and Industries Limited generates revenue through multiple streams. Its Sugar business, which includes sugar manufacturing and co-generation of power from bagasse, is a significant revenue contributor. The Distillery division adds to the revenue through the production and sale of ethanol and other alcohol-based products. The company's Engineering division, which focuses on high-speed gears, gearboxes, and water and wastewater treatment solutions, provides services to a variety of industries, thus diversifying its income sources. Additionally, partnerships with government and private sector entities for infrastructure and industrial projects also play a crucial role in its revenue generation. Factors such as governmental policies on sugar pricing and ethanol blending mandates significantly influence the company's earnings.

Triveni Engineering and Industries Limited Financial Statement Overview

Summary

Triveni Engineering and Industries Limited shows mixed financial performance. Revenue growth is positive, but declining profitability margins raise concerns about cost and operational efficiency. The balance sheet is stable, yet rising debt levels warrant caution. Cash flow management is a significant concern, with negative free and operating cash flows indicating potential liquidity issues. The company should focus on enhancing profitability and cash flow generation.

Income Statement

Triveni Engineering and Industries Limited has shown a stable revenue growth trajectory with a 9.21% increase from 2024 to 2025. The Gross Profit Margin for 2025 was approximately 17.43%, indicating moderate profitability. However, the Net Profit Margin decreased to 4.28%, and the EBIT margin dropped significantly to 6.15%, which highlights challenges in cost management or operational efficiency. EBITDA margin was 9.38%, reflecting a decrease from previous years. The company needs to focus on improving its profitability metrics.

Balance Sheet

The company's Debt-to-Equity Ratio increased to 0.64 in 2025, suggesting higher leverage but still within manageable limits. The Return on Equity for 2025 was approximately 7.82%, indicating a moderate return to shareholders. The Equity Ratio stood at 49.83%, reflecting a balanced financing structure. Overall, the balance sheet shows stability, though increasing debt levels could pose future risks.

Cash Flow

Triveni faced challenges in cash flow management with a significant decline in Free Cash Flow and negative Operating Cash Flow in 2025. The Free Cash Flow to Net Income Ratio was negative, indicating cash flow issues. The Operating Cash Flow to Net Income Ratio was also negative, highlighting operational inefficiencies. The company needs to enhance its cash generation capabilities to support growth and reduce reliance on financing activities.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	59.87B	56.89B	52.09B	56.17B	41.84B	44.88B
Gross Profit	11.38B	9.92B	7.36B	15.30B	6.35B	10.09B
EBITDA	5.13B	5.34B	6.88B	20.98B	6.50B	5.89B
Net Income	2.16B	2.43B	3.95B	17.92B	4.24B	2.95B
Balance Sheet
Total Assets	0.00	62.42B	51.18B	44.54B	42.97B	36.20B
Cash, Cash Equivalents and Short-Term Investments	547.30M	468.70M	840.88M	796.32M	249.87M	113.58M
Total Debt	0.00	19.80B	14.24B	9.29B	15.75B	9.90B
Total Liabilities	-31.60B	30.83B	22.17B	17.89B	23.85B	20.64B
Stockholders Equity	31.60B	31.11B	29.01B	26.65B	19.13B	15.56B
Cash Flow
Free Cash Flow	0.00	-4.64B	-2.56B	1.62B	-4.67B	7.02B
Operating Cash Flow	0.00	-1.64B	1.00B	3.97B	-1.73B	7.91B
Investing Cash Flow	0.00	-3.48B	-3.59B	14.14B	-2.57B	-1.08B
Financing Cash Flow	0.00	4.77B	2.63B	-17.62B	4.42B	-7.04B

Triveni Engineering and Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 355.35
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRIVENI, the sentiment is Positive. The current price of 355.35 is above the 20-day moving average (MA) of 348.08, above the 50-day MA of 346.77, and below the 200-day MA of 379.82, indicating a neutral trend. The MACD of 0.73 indicates Negative momentum. The RSI at 55.54 is Neutral, neither overbought nor oversold. The STOCH value of 60.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TRIVENI.

Triveni Engineering and Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNFC	68 Neutral	₹72.97B	12.98	―	3.62%	-9.97%	9.63%
GSFC	68 Neutral	₹76.69B	11.94	―	2.63%	3.26%	19.18%
RCF	62 Neutral	₹82.17B	28.72	―	0.89%	-8.23%	69.99%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MANGCHEFER	61 Neutral	₹37.72B	23.37	―	0.47%	-7.43%	8.03%
TRIVENI	59 Neutral	₹77.79B	35.96	―	0.70%	12.47%	-39.71%
NFL	49 Neutral	₹45.82B	29.91	―	1.67%	-22.78%	-41.69%