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Earnings Call

Triveni Turbine Earnings Call: Key Takeaways

Triveni Turbine delivered record FY26 revenue despite geopolitical headwinds, though Q4 margins were squeezed by a low-margin strategic NTPC order and mark-to-market losses.

Highlights
Revenue growthFY26 revenue up 9% YoY; Q4 revenue surged 26% YoY.
MarginsQ4 margins compressed due to product mix and strategic project execution.
Order bookRecord order book of ₹20.54 billion, up 8% YoY.
Demand visibilityStrong inquiry pipeline doubled; power and industrial capex driving global demand.
Management confidenceBalanced; optimistic on long-term growth despite current geopolitical disruptions.

Growth

Annual revenue grew 9% to ₹21.81 billion, while exports surged 30%, now contributing 58% of total revenue.

Outlook

Order book stands at ₹20.54 billion; management targets double-digit growth and 25%+ EBITDA margins for FY27.

Risks

Margin volatility from strategic low-margin projects and currency fluctuation; high receivables at 84 days due to back-ended billing.

Source

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

Read the document ↗

Triveni Turbine Ltd: key numbers

Share price
₹554.20
Market cap
₹17,618 Cr
Revenue (annual)
₹2,181 Cr
Net profit (annual)
₹349.7 Cr
P/E (TTM)
52.4×Sector 53.6×
Promoter holding
55.84%+0.00% QoQ
FII holding
20.58%Current quarter

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

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