āagman

Not investment advice. Data and computed figures, for information only.

Triveni Turbine Ltd

NSE: TRITURBINE
₹506.10
−₹15.85 (−3.04%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹16,248 Cr
CMP
₹506.10
52-wk High / Low
₹788 / 428
P/E
46.8
P/B
11.2
Book Value
₹45.5
Div Yield
0.83%
ROCE
34.0%
ROE
25.2%
Face Value
₹1
D/E
0.02

Price−3.9% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹106
√(22.5 × EPS × book value per share)
ROIC
20.8%
vs 12.3% sector median
Cash flow to profit
0.32
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−843
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
15.4%
ROE × earnings retention ratio
ROE stability
2.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.23DII −0.53
Latest quarter vs the previous one
Cash-accrual divergence
10.4%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 21% vs the 2022 sector median of 17%)
Watch-outs
−Borrowings are up 3500% since FY2016 (1 to 36)
−Price trades below its 200-day moving average (0.9x)
−Price is 35.7% below its 52-week high
−Balance-sheet accruals of 10.4% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales376388432458463501503538371506624680443
Expenses306314348368368390394418298392491552391
Operating Profit71748490961111091207411513312851
OPM %18.9%19.1%19.4%19.7%20.7%22.2%21.7%22.3%19.9%22.7%21.3%18.8%11.5%
Other Income1314171819202220221841628
Interest1111110110111
Depreciation5565666888999
Profit before tax7983951021081241251328712512713470
Net Profit616468768091939564919210251
EPS (₹)1.912.022.152.392.522.862.912.952.032.872.903.211.61

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6517137457518408187038521,2481,6542,0062,1812,252
Expenses5265535775946876605536921,0121,3331,5661,7291,826
Operating Profit125160168157153158149161235321439452427
OPM %19.2%22.4%22.6%20.9%18.2%19.3%21.2%18.9%18.8%19.4%21.9%20.7%19.0%
Other Income3025338192462274362816167
Interest4222353335652
Depreciation16151519202020202021263436
Profit before tax136167185144149156132365256358489473456
Net Profit9311312496100122102270193269359349336
EPS (₹)2.743.423.742.913.103.773.178.366.068.4711.2411.0010.59

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital333333333232323232323232—
Reserves1962663704194014986058247299281,1851,414—
Borrowings131000142433936—
Other Liabilities3332782423033112953074935937077831,037—
Total Liabilities5755786467557448269481,3521,3571,6702,0392,518—
Fixed Assets155132232226254246248247269283323363—
CWIP63310395713511917—
Investments2320172019152296478379458348304—
Other Assets3913933864724664204036247039281,3481,834—
Total Assets5755786467557448269481,3521,3571,6702,0392,518—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity37711408291148188187433196271187111
Cash from Investing Activity−45−34−46−75−49−8−128−214−36389−195−733
Cash from Financing Activity−14−37−70−19−48−124−21−2−75−288−76−111−141
Net Cash Flow−21−124−11−61539−29−5−3−1692

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %59.063.057.052.034.034.032.025.021.029.038.041.034.0
ROE %————————————25.2
EPS (₹)2.062.743.423.742.913.103.773.178.366.068.4711.2411.00
Book Value (₹)————————————45.5
Face Value (₹)————————————1
P/E————————————46.8
Div Yield %————————————0.83
NPM %12.913.715.315.912.611.614.514.425.014.915.717.215.6
OPM %21.019.022.023.021.018.019.021.019.019.019.022.021.0
D/E0.110.060.000.000.000.000.000.010.000.010.000.030.02
P/B————————————11.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+25.0%
3 years+20.0%
TTM+18.0%
Compounded profit growth
10 years+12.0%
5 years+25.0%
3 years+25.0%
TTM+2.0%
Stock price CAGR
10 years+15.0%
5 years+25.0%
3 years+10.0%
Last year−3.0%
Return on equity
10 years24.0%
5 years24.0%
3 years27.0%
Last year25.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters67.73%67.73%67.73%67.78%67.78%67.78%67.78%55.84%55.84%55.84%55.84%55.84%
FIIs20.86%20.86%14.45%11.72%12.25%13.10%16.40%24.38%27.26%28.00%20.81%20.58%
DIIs6.20%6.20%12.35%15.82%15.55%14.51%12.23%15.13%12.71%10.63%16.52%15.99%
Government————————————
Public5.21%5.21%5.46%4.68%4.42%4.61%3.59%4.66%4.18%5.52%6.83%7.60%
No. of shareholders29,85729,85733,00530,01228,47531,83149,09769,58991,4201,68,7531,58,5601,53,675
Change since Jun 2023 (pp)
Promoters −11.89FIIs −0.28DIIs +9.79Public +2.39

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-CessationAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPSClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Credit Rating
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 2 Sep 2026
2 Sep 2026DIVIDENDDividend - Rs 2 Per Share—
9 Feb 2026DIVIDENDInterim Dividend - Rs 2.25 Per Share—
1 Sep 2025DIVIDENDDividend - Rs 2 Per Share—
6 Feb 2025DIVIDENDInterim Dividend - Rs 2 Per Share—
6 Sep 2024DIVIDENDDividend - Rs 1.30 Per Share—
16 Feb 2024DIVIDENDInterim Dividend - Rs 1.30 Per Share/ Special Dividend - Re 1 Per Share—
11 Aug 2022DIVIDENDDividend - Re 0.85 Per Share/ Special Dividend - Re 0.70 Per Share—
8 Nov 2021DIVIDEND Interim Dividend - Rs 0.40 Per Share/ Special Dividend - Rs 0.60 Per Share—
7 Sep 2021DIVIDEND Dividend - Rs 1.20 Per Share—
14 Nov 2019DIVIDEND Interim Dividend - Rs 0.50 Per Share—
5 Sep 2018DIVIDEND Dividend Re 0.55 Per Share—
20 Nov 2017DIVIDEND Interim Dividend - Re 0.45 Per Share—
3 Aug 2017DIVIDEND Dividend - Re 0.75/- Per Share—
18 Aug 2016DIVIDEND Interim Dividend - Re 0.45/- Per Share—
22 Mar 2016DIVIDEND Interim Dividend - Re 0.70/- Per Share (Purpose Revised)—
19 Nov 2015DIVIDEND Interim Dividend - Re 0.40/- Per Share—
31 Jul 2015DIVIDENDFinal Dividend - Re 0.60/- Per Share—
17 Sep 2014DIVIDENDInterim Dividend - Re 0.25/- Per Share—
1 Aug 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 0.55/- Per Share—
18 Nov 2013DIVIDENDInterim Dividend - Re 0.20/- Per Share—
24 Jul 2013DIVIDENDFinal Dividend Re.0.55 Per Share—
8 Nov 2012DIVIDENDInterim Dividend Re 0.25 Per Share—
10 Jul 2012DIVIDENDDividend - Re.0.20 Per Share—
24 Jan 2012DIVIDEND2nd Interim Dividend Re.0.20 Per Share—
8 Nov 2011DIVIDENDInterim Dividend Re.0.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman