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Earnings Call

Triton Valves Earnings Call: Key Takeaways

Transcript of Q4 & FY26 post-earnings call. Revenue grew 18% YoY to ₹578cr (net); adjusted PBT nearly doubled to ₹15.5cr. Strategy focuses on merger synergies and expansion in EV/TPMS segments.

Why this was an Alfa AlertNot a filter event. Performance was stable but did not exceed guided targets by >10% nor was FY27 guidance >50%.
Highlights
Revenue growth18% YoY growth in FY26 net revenue.
MarginsEBITDA margin optics pressured by high copper prices despite absolute growth.
Order bookBrass mill order book crossing 50 tons/month; targeting 100 tons.
Demand visibilityStrong order book in metals; AC segment demand remains soft.
Management confidenceHigh in structural positioning despite volatile raw material costs.

Growth

FY26 revenue reached ₹578cr after Interco eliminations, up 18% YoY. EBITDA rose ~27% to ₹40.7cr. Q4 revenue grew to ₹159cr.

Outlook

Targeting 15-25% volume growth in brass; aim to cross ₹1,000cr revenue by FY30. Planned Capex of ₹10-20cr over 2-3 years.

Risks

Commodity inflation (Copper/Zinc) and USD volatility creating pricing lags; Chinese dumping in climate control segment; Middle East crisis impacts.

Last quarter's promises, checked

Delivered

  • Guided ₹550cr sales → delivered ₹578cr (= BEAT)
  • Guided 3:1 bonus issue → delivered 3:1 bonus (= BEAT)
  • Guided TPMS mass production for Bosch → delivered Bosch scale-up (= BEAT)

Partly delivered

  • Guided AUMOVIO LOI in days → delivered AUMOVIO deal closed (= PARTIAL)
  • Guided NCLT merger fast-track → delivered merger still pending (= PARTIAL)

Missed

  • Guided EBITDA margin crossing 10% → delivered EBITDA margin ~7% (= MISS)
Source

Earnings Call filed with BSE, NSE: TRITONV. Summary written with AI assistance from the document.

Read the document ↗

Triton Valves Ltd: key numbers

Share price
₹1,106.35
Market cap
₹566.7 Cr
Revenue (annual)
₹578.4 Cr
Net profit (annual)
₹9.71 Cr
P/E (TTM)
31.5×Sector 33.6×
Promoter holding
46.11%+0.15% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Financial Results

Triton Valves Q1 FY27 Results: Net Profit ₹9.8 Cr, Up 553.3% YoY

Triton Valves Ltd reported revenue from operations of ₹186.6 Cr (+38.5% YoY) and net profit of ₹9.8 Cr (+553.3% YoY) for Q1 FY27.

Key figure
Net profit ₹9.8 Cr · +553.3% YoY
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Triton Valves Q4 FY26 Results: Net Profit ₹3.6 Cr, Up 620.0% YoY

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Key figure
Net profit ₹3.6 Cr · +620.0% YoY