Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

Triveni Turbine Limited

NSE: TRITURBINEHeavy Electrical Equipment

Share price

₹516.45

-2.82% close of 8 Oct 2026

Market cap ₹16,526 CrP/E 47.6

Business score

How strong the business is, in one number. The parts behind it are in Pro.

67

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹16,526 Cr

P/E ratio

47.6

P/B ratio

11.4

ROCE

34.1%

ROE

25.2%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹741.5052-week low ₹435.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 17.7% over the past year, and 8.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 18.6% over the last four years.

Whether it grew faster than its sector

It grew 8.9% a year against a sector median of 10.6% — 1.8 percentage points slower.

Room to re-rate, or risk of de-rating

At 47.6× earnings it costs 2.0× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 92.3×, across 5 companies. It is against its own five-year median of 56.4×, the 22nd percentile of its own range.

Whether growth justifies the valuation

Priced at 1.9 times its growth rate, on earnings growth of 25%.

Profit growthPrice per ₹1 profitPer 1% growth
Triveni Turbine Limited — this one25%/yr47.6×₹1.9
Bharat Heavy Electricals36%/yr61.5×₹1.7
ABB India—92.3×—
Hitachi Energy India Limited122%/yr121.2×—
CG Power and Industrial Solutions Limited10%/yr106.7×₹10.7
Siemens India23%/yr86.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Heavy Electrical Equipment), it ranks 9 of 36 on returns, 16 of 31 on growth, 8 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 34.1% on capital, ahead of 75% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1198 crore of cash from the business, spent ₹199 crore on plant and equipment, and returned ₹691 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 96 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 57 days before it paid its own suppliers to waiting 71 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 19% but the profit margin fell from 25.8% to 18% on a weaker order mix

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹443 Cr

Revenue vs last year

+19.3%

Revenue vs last quarter

-34.9%

Net profit

₹51 Cr

Profit vs last year

-20.2%

Profit vs last quarter

-49.9%

Net margin

11.5%

EPS

₹1.60

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹16,526 Cr
Prev close
₹516.45
52w High
₹788
52w Low
₹428
Enterprise value
₹15,982 Cr
Beta
1.2
Price CAGR 1y
1.0%
Price CAGR 3y
10.0%
Price CAGR 5y
25.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
13.9%
PEG ratio
1.9
P/E ratio
47.6
P/B ratio
11.4
EV / EBITDA
37.4
Industry P/E
48.3
ROCE
34.1%
ROCE 5y average
32.6%
ROE
25.2%
Debt / Equity
0.0
Interest coverage
95.6
Dividend yield
0.8%
ROE 3y average
27.0%
ROE last year
25.0%

Annual P&L

Annual revenue
₹2,181 Cr
Annual profit
₹349 Cr
Operating margin
21.0%
Net profit margin
16.0%
EBITDA margin
20.7%
Sales growth 3y
20.5%
Sales growth 5y
25.4%
Profit growth 3y
25.0%
Profit growth 5y
25.0%
EPS
₹11.0
Sales growth TTM
18.0%
Profit growth TTM
2.0%
Dividend payout
39.0%

Quarter P&L

Sales latest quarter
₹443 Cr
Profit latest quarter
₹51 Cr
YoY quarterly sales growth
19.2%
YoY quarterly profit growth
-20.3%
OPM latest quarter
11.6%

Balance Sheet

Book Value
₹45.2
Face Value
₹1.0
Total debt
₹36 Cr
Total cash
₹278 Cr
Borrowings
₹36 Cr
Reserves / Equity
44.2

Cash Flow

Operating cash flow
₹111 Cr
Free cash flow
₹39 Cr
FCF yield
0.2%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
55.8%
FII holding
20.6%
DII holding
16.0%
Public holding
7.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
B H E L432.6561.91,50,6520.31376.7182.77,697.740.39.1
A B B6,778.0093.31,43,6320.57362.38.03,558.921.029.9
Hitachi Energy30,850.00115.41,37,5060.03294.2123.52,493.768.629.4
CG Power & Ind867.65107.41,36,6960.15308.316.33,280.814.026.7
Siemens3,661.4586.71,30,3920.482,143.1-18.64,713.714.821.4
Siemens Ener.Ind3,250.0075.81,15,7390.12440.967.82,485.639.367.8
GE Vernova T&D4,214.4579.91,07,9110.23363.024.61,836.138.077.4
Triveni Turbine514.8547.216,3670.8451.1-20.8442.719.234.1
Median432.6533.15,8840.0441.215.5466.320.123.5

Competes with: ABB India, Bharat Heavy Electricals, CG Power and Industrial Solutions Limited, GE Vernova T&D India Limited, Hitachi Energy India Limited, Siemens Energy India Limited, Siemens India

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales376388432458463501503538371506624680443
Expenses306314348368368390394418298392491552391
Material Cost295166270345388254
Change in Inventories-2711-21-13120.60
Purchases of Stock-in-Trade000000
Employee Cost525553545455
Other Expenses9765891049882
Operating Profit71748490961111091207411513312851
OPM %19191920212222222023211912
Other Income1314171819202220221841628
Exceptional items (within Other Income)000-1600
Interest1111110110111
Depreciation5565666888999
Profit before tax7983951021081241251328712512713470
Tax %22232825252726282627282427
Net Profit616468768091939564919210251
EPS in Rs1.912.022.152.392.522.862.912.952.032.872.903.211.61
Diluted EPS in Rs2.992.032.872.893.211.60

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6517137457518408187038521,2481,6542,0062,1812,252
Expenses5265535775946876605536921,0121,3331,5661,7291,826
Material Cost9391,167
Change in Inventories61-7.60
Purchases of Stock-in-Trade00
Employee Cost203216
Other Expenses366355
Operating Profit125160168157153158149161235321439452427
OPM %19222321181921191919222119
Other Income3025338192462274362816167
Exceptional items (within Other Income)0-16
Interest4222353335652
Depreciation16151519202020202021263436
Profit before tax136167185144149156132365256358489473456
Tax %323233333322222625252726
Net Profit9311312496100122102270193269359349336
EPS in Rs2.743.423.742.913.103.773.178.366.068.47111111
Diluted EPS in Rs1111
Dividend Payout %3132323401338230433639

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
12%
5 years
25%
3 years
20%
TTM
18%

Compounded profit growth

10 years
12%
5 years
25%
3 years
25%
TTM
2%

Stock price CAGR

10 years
16%
5 years
25%
3 years
10%
1 year
1%

Return on equity

10 years
24%
5 years
24%
3 years
27%
Last year
25%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333333333232323232323232
Reserves1962663704194014986058247299281,1851,414
Borrowings131000142433936
Other Liabilities3332782423033112953074935937077831,037
Minority Interest3.100
Total Liabilities5755786467557448269481,3521,3571,6702,0392,518
Fixed Assets155132232226254246248247269283323363
CWIP63310395713511917
Investments2320172019152296478379458348304
Other Assets3913933864724664204036247039281,3481,834
Total Assets5755786467557448269481,3521,3571,6702,0192,497

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity711408291148188187433196271187111
Cash from Investing Activity-34-46-75-49-8-128-214-36389-195-733
Cash from Financing Activity-37-70-19-48-124-21-2-75-288-76-111-141
Net Cash Flow-124-11-61539-29-5-3-1692
Free Cash Flow6097-14413317617441915724014439

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days83687410176564043383966107
Inventory Days1291431381741711461701381221087884
Days Payable1268288139915176856478125176
Cash Conversion Cycle851291241361571511349796702015
Working Capital Days214260816431-6-57-48-394771
ROCE %635752343432252129384134

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters565656565656565656565656
FIIs282727282828282524222121
DIIs121213121111111214151716
Public4.824.394.184.324.594.905.526.576.677.176.837.60
No. of Shareholders88,41883,60591,4201,07,6241,27,9441,49,5531,68,7531,75,9341,84,5731,72,0091,58,5601,53,675

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -2.2% (₹528.00 → ₹516.45)Brick size ₹17.04 (fixed)Bricks 49
₹600₹700₹516Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹516.45 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

70.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-545inr_cr

2026-03-31

order book, Rs crore

2,180inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,16,56,250inr

2026-03-31

News

News and filings about Triveni Turbine Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Alloy/carbon steel castings, forgings and plates
  • Bought-out alternators/generators, gearboxes, electrical panels and accessories
  • Subcontracted manufacturing and machining services
  • Turbine blades, nozzles and precision-machined components

Depends on the price of

  • steel

Buys from

Sells to

  • NTPC Limited · Turnkey 160 MWh CO2-based Energy Storage System at Kudgi Super Thermal Power Plant (with t…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Heavy Electrical Equipment
Classification
Capital Goods › Heavy Electrical Equipment
ISIN
INE152M01016

Plants

  • Peenya manufacturing facility · Bengaluru, Karnataka
  • Sompura manufacturing facility · Bengaluru, Karnataka
  • Triveni Turbines Americas assembly and repair facility · Houston, Texas

News impact

Big market events that reach Triveni Turbine Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

2 Sep 2026unspecified₹2
9 Feb 2026interim₹2.25
1 Sep 2025unspecified₹2
6 Feb 2025interim₹2
6 Sep 2024unspecified₹1.3
16 Feb 2024special₹1
16 Feb 2024interim₹1.3
11 Aug 2022unspecified₹0.85

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.