ALFA Finder| Revenue growth | ₹4.91 billion, down 3% YoY; domestic strong, exports weak. |
|---|---|
| Margins | EBITDA margin contracted to 17.5% due to unfavorable product mix. |
| Order book | Record quarterly booking of ₹7.64 billion, up 17.2% YoY. |
| Demand visibility | Strong international inquiry book; domestic demand driven by steel and thermal. |
| Management confidence | Balanced; admitted Q2 was disappointing but optimistic for H2 recovery. |
Growth
Domestic revenue grew 51.8%, but overall growth was dampened by a 46.6% plunge in export revenue.
Outlook
Management anticipates a strong H2, with Q4 expected to significantly outperform Q3 as export orders execute.
Risks
Shrinking EBITDA margins (17.5% vs 26.3% YoY) and geopolitical instability in the Middle East impacting drive turbine demand.
Last quarter's promises, checked
Partly delivered
- NTPC CO2 storage commissioning end-Q2/early-Q3 → NTPC energy-storage entry reported; commissioning unconfirmed (= PARTIAL)
- FY27 revenue and profit growth, H2-weighted → Q2 revenue -3%, PAT -41.7%; H2 untested (= PARTIAL)
Missed
- Majority of margin drag cleared in H1 → Q2 EBITDA 17.5% vs 26.3% YoY; PAT -41.7% (= MISS)
- Deferred exports back in Q2/Q3 → export revenue -46.6% YoY (= MISS)
- PBT margin >20% medium-term → EBITDA 17.5%, PBT not reported (= MISS)
Earnings Call Transcript filed with NSE, NSE: TRITURBINE. Summary written with AI assistance from the document.
Triveni Turbine Ltd: key numbers
- Share price
- ₹511.40
- Market cap
- ₹16,258 Cr
- Revenue (annual)
- ₹2,181 Cr
- Net profit (annual)
- ₹349.7 Cr
- P/E (TTM)
- 54.5×Sector 51.9×
- Promoter holding
- 55.84%+0.00% QoQ
- FII holding
- 18.39%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Triveni Turbine Ltd
All →Triveni Turbine Debt & Borrowing: ₹56.21 Cr
Triveni Turbine enhanced its corporate guarantee for subsidiary TTAPL by USD 6 million. Guarantee amount is Rs.56.21 Crore, lifting the facility limit to USD 15 million.
- Value
- ₹56.21 Cr
Triveni Turbine Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹4.91bn, down 3.0% YoY; H1 revenue ₹9.34bn, up 6.4%. Record Q2 order booking ₹7.64bn, up 17.2%. Margins under pressure.
Triveni Turbine Results Update
Triveni Turbine released an investor brief for Q2 and H1 FY27 showing H1 revenue up 6.4% to ₹9.34 billion, though profit fell. Q2 order booking hit a record ₹7.64 billion.
Triveni Turbine Q2 FY27 Results: Net Profit ₹53.3 Cr, Down 41.7% YoY
Triveni Turbine Ltd reported revenue from operations of ₹491 Cr (-3.0% YoY) and net profit of ₹53.3 Cr (-41.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹53.3 Cr · -41.7% YoY
Triveni Turbine Board Meeting Date
Triveni Turbine intimated a board meeting on 11 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window remains closed from 1 October 2026 until 48 hours after the results are published.
Triveni Turbine Employee Stock Options
Triveni Turbine allotted 5,488 equity shares under its Employee Stock Unit Plan 2023 after employees exercised vested options. Share capital rose to 31,79,05,947 equity shares.