About
Triveni Turbine Limited, together with its subsidiaries, manufactures and supplies power generating equipment and solutions in India and internationally. The company offers backpressure and condensing steam turbines for a range of combined heat and power and power generation applications; and American Petroleum Institute single and multi-stage steam turbines for various drive, chemicals, petrochemicals, petroleum refineries, and fertilizer applications. It also provides sustainable modularly arranged pressure-reducing turbines for pressure-reducer desuperheater applications; and carbon dioxide heat pumps and chiller solutions for dairy and food, pulp and paper, automobile, pharmaceuticals, distilleries and breweries, district and commercial heating, textile, marine, and boiler feed water heating and paint chilling applications. In addition, the company offers spares, upgrades, and automation services, as well as service solutions, including preventive maintenance, LTSA/AMC, troubleshooting, restoration, turnkey solutions, OEM services, high-speed balancing, remote monitoring, balance of plant solutions, and training programs; and multi-brand services. Further, it provides manufacturing, servicing, and trading in rotating industrial machinery; and trading and services for steam turbines and parts. Additionally, the company delivers grid-scale energy storage, industrial and commercial heating and cooling, and zero liquid discharge plant solutions. The company also exports its products. Triveni Turbine Limited was formerly known as Triveni Retail Ventures Limited and changed its name to Triveni Turbine Limited in March 2010. The company was founded in 1968 and is headquartered in Noida, India.
Key Metrics
as of Sep 2026Market Cap18,341 Cr
P/E52.80
Div Yield0.74 %
Book Value₹45.50
52w High₹788.00
52w Low₹428.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 397.00 | 602.00 | 584.00 | 479.00 | 345.00 | 490.00 | 441.00 | 469.00 | 395.00 | 382.00 | 368.00 | 327.00 | 301.00 |
| Expenses | 346.00 | 499.00 | 448.00 | 360.00 | 268.00 | 372.00 | 341.00 | 360.00 | 313.00 | 315.00 | 297.00 | 268.00 | 249.00 |
| Operating Profit | 51.00 | 103.00 | 136.00 | 119.00 | 77.00 | 119.00 | 99.00 | 109.00 | 82.00 | 68.00 | 72.00 | 59.00 | 53.00 |
| OPM % | 13.00 | 17.00 | 23.00 | 25.00 | 22.00 | 24.00 | 23.00 | 23.00 | 21.00 | 18.00 | 19.00 | 18.00 | 17.00 |
| Other Income | 24.00 | 13.00 | 1.00 | 15.00 | 19.00 | 18.00 | 56.00 | 18.00 | 17.00 | 18.00 | 15.00 | 12.00 | 11.00 |
| Depreciation | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Interest | 0.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 67.00 | 108.00 | 130.00 | 128.00 | 89.00 | 130.00 | 150.00 | 121.00 | 93.00 | 80.00 | 80.00 | 65.00 | 58.00 |
| Tax % | 25.00 | 27.00 | 26.00 | 25.00 | 25.00 | 28.00 | 19.00 | 26.00 | 26.00 | 27.00 | 27.00 | 26.00 | 25.00 |
| Net Profit | 50.00 | 79.00 | 95.00 | 96.00 | 67.00 | 94.00 | 121.00 | 90.00 | 69.00 | 58.00 | 59.00 | 49.00 | 43.00 |
| EPS in Rs | 1.59 | 2.48 | 2.99 | 3.00 | 2.11 | 2.95 | 3.82 | 2.83 | 2.18 | 1.84 | 1.85 | 1.53 | 1.36 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,010.00 | 1,795.00 | 1,379.00 | 1,083.00 | 811.00 | 697.00 | 810.00 | 829.00 | 741.00 | 733.00 | 708.00 | 626.00 |
| Expenses | 1,572.00 | 1,384.00 | 1,126.00 | 906.00 | 664.00 | 556.00 | 664.00 | 686.00 | 582.00 | 568.00 | 550.00 | 498.00 |
| Operating Profit | 437.00 | 411.00 | 252.00 | 177.00 | 147.00 | 141.00 | 146.00 | 143.00 | 159.00 | 165.00 | 159.00 | 127.00 |
| OPM % | 22.00 | 23.00 | 18.00 | 16.00 | 18.00 | 20.00 | 18.00 | 17.00 | 21.00 | 22.00 | 22.00 | 20.00 |
| Other Income | 48.00 | 108.00 | 56.00 | 39.00 | 215.00 | 1.00 | 22.00 | 16.00 | 8.00 | 28.00 | 21.00 | 25.00 |
| Interest | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 | 3.00 | 5.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Depreciation | 26.00 | 21.00 | 20.00 | 19.00 | 20.00 | 20.00 | 20.00 | 20.00 | 19.00 | 15.00 | 15.00 | 14.00 |
| Profit before tax | 455.00 | 494.00 | 284.00 | 195.00 | 340.00 | 120.00 | 142.00 | 136.00 | 146.00 | 177.00 | 163.00 | 136.00 |
| Tax % | 26.00 | 24.00 | 26.00 | 26.00 | 27.00 | 26.00 | 23.00 | 35.00 | 33.00 | 34.00 | 33.00 | 33.00 |
| Net Profit | 337.00 | 374.00 | 209.00 | 145.00 | 249.00 | 89.00 | 110.00 | 88.00 | 98.00 | 116.00 | 109.00 | 91.00 |
| EPS in Rs | 10.59 | 11.78 | 6.58 | 4.56 | 7.72 | 2.74 | 3.40 | 2.71 | 2.98 | 3.52 | 3.30 | 2.76 |
| Dividend Payout % | 40.00 | 34.00 | 55.00 | 0.00 | 25.00 | 44.00 | 15.00 | 0.00 | 34.00 | 34.00 | 33.00 | 31.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 33.00 | 33.00 | 33.00 | 33.00 |
| Reserves | 1,199.00 | 1,002.00 | 733.00 | 593.00 | 739.00 | 560.00 | 466.00 | 383.00 | 413.00 | 363.00 | 266.00 | 203.00 |
| Borrowings | 24.00 | 26.00 | 3.00 | 4.00 | 2.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 |
| Other Liabilities | 973.00 | 707.00 | 641.00 | 537.00 | 463.00 | 302.00 | 290.00 | 308.00 | 298.00 | 235.00 | 275.00 | 273.00 |
| Total Liabilities | 2,228.00 | 1,766.00 | 1,408.00 | 1,166.00 | 1,236.00 | 897.00 | 790.00 | 723.00 | 744.00 | 631.00 | 574.00 | 510.00 |
| Fixed Assets | 302.00 | 284.00 | 268.00 | 256.00 | 240.00 | 248.00 | 246.00 | 254.00 | 226.00 | 232.00 | 132.00 | 134.00 |
| CWIP | 16.00 | 1.00 | 1.00 | 5.00 | 3.00 | 1.00 | 7.00 | 5.00 | 39.00 | 10.00 | 33.00 | 6.00 |
| Investments | 307.00 | 310.00 | 400.00 | 332.00 | 466.00 | 278.00 | 139.00 | 15.00 | 19.00 | 14.00 | 21.00 | 14.00 |
| Other Assets | 1,602.00 | 1,170.00 | 739.00 | 572.00 | 527.00 | 371.00 | 397.00 | 449.00 | 461.00 | 375.00 | 389.00 | 356.00 |
| Total Assets | 2,228.00 | 1,766.00 | 1,408.00 | 1,166.00 | 1,236.00 | 897.00 | 790.00 | 723.00 | 744.00 | 631.00 | 574.00 | 510.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 118.00 | 141.00 | 234.00 | 151.00 | 391.00 | 175.00 | 178.00 | 141.00 | 94.00 | 74.00 | 140.00 | 58.00 |
| Cash from Investing Activity | 34.00 | -5.00 | -160.00 | 138.00 | -324.00 | -210.00 | -120.00 | -8.00 | -50.00 | -74.00 | -47.00 | -17.00 |
| Cash from Financing Activity | -138.00 | -107.00 | -76.00 | -288.00 | -73.00 | -2.00 | -21.00 | -124.00 | -48.00 | -19.00 | -70.00 | -38.00 |
| Net Cash Flow | 14.00 | 29.00 | -3.00 | 1.00 | -6.00 | -37.00 | 37.00 | 9.00 | -5.00 | -18.00 | 23.00 | 3.00 |
| Free Cash Flow | 54.00 | 124.00 | 206.00 | 119.00 | 371.00 | 162.00 | 167.00 | 126.00 | 46.00 | -9.00 | 97.00 | 47.00 |
| CFO/OP % | 54.00 | 62.00 | 118.00 | 113.00 | 322.00 | 146.00 | 150.00 | 132.00 | 90.00 | 80.00 | 119.00 | 82.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 109.00 | 72.00 | 33.00 | 33.00 | 41.00 | 40.00 | 55.00 | 76.00 | 101.00 | 74.00 | 68.00 | 90.00 |
| Inventory Days | 83.00 | 79.00 | 109.00 | 122.00 | 138.00 | 170.00 | 146.00 | 173.00 | 174.00 | 138.00 | 143.00 | 119.00 |
| Days Payable | 168.00 | 113.00 | 73.00 | 61.00 | 85.00 | 75.00 | 53.00 | 93.00 | 137.00 | 86.00 | 81.00 | 112.00 |
| Cash Conversion Cycle | 24.00 | 38.00 | 69.00 | 94.00 | 94.00 | 135.00 | 148.00 | 156.00 | 138.00 | 126.00 | 131.00 | 96.00 |
| Working Capital Days | 79.00 | 57.00 | -50.00 | -54.00 | -60.00 | -4.00 | 30.00 | 64.00 | 83.00 | 63.00 | 43.00 | 37.00 |
| ROCE % | 39.00 | 48.00 | 38.00 | 25.00 | 20.00 | 24.00 | 31.00 | 32.00 | 35.00 | 51.00 | 56.00 | 66.00 |
Corporate Actions
32 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 09 Feb 2026 | 09 Feb 2026 | — | 2.25 | |
| Dividend | 01 Sep 2025 | 01 Sep 2025 | — | 2.00 | |
| Dividend | 06 Feb 2025 | 06 Feb 2025 | — | 2.00 | |
| Dividend | 06 Sep 2024 | 06 Sep 2024 | — | 1.30 | |
| Other | 06 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 16 Feb 2024 | 16 Feb 2024 | — | 1.00 | NSE/BSE dividend mismatch: BSE/NSE=1.3; BSE/NSE=1.0 |
| Dividend | 16 Feb 2024 | 16 Feb 2024 | — | 1.30 | NSE/BSE dividend mismatch: BSE/NSE=1.3; BSE/NSE=1.0 |
| Other | 22 Dec 2022 | 23 Dec 2022 | — | — | Buy Back of Shares |
| Other | 22 Dec 2022 | 23 Dec 2022 | — | — | Buy Back |
| Dividend | 11 Aug 2022 | 16 Aug 2022 | — | 0.70 | NSE/BSE dividend mismatch: BSE/NSE=0.85; BSE/NSE=0.7 |
| Dividend | 11 Aug 2022 | 16 Aug 2022 | — | 0.85 | NSE/BSE dividend mismatch: BSE/NSE=0.85; BSE/NSE=0.7 |
| Dividend | 08 Nov 2021 | 09 Nov 2021 | — | 0.60 | NSE/BSE dividend mismatch: BSE/NSE=0.4; BSE/NSE=0.6 |
| Dividend | 08 Nov 2021 | 09 Nov 2021 | — | 0.40 | NSE/BSE dividend mismatch: BSE/NSE=0.4; BSE/NSE=0.6 |
| Dividend | 07 Sep 2021 | 08 Sep 2021 | — | 1.20 | |
| Dividend | 14 Nov 2019 | 15 Nov 2019 | — | 0.50 | |
| Other | 27 Dec 2018 | 28 Dec 2018 | — | — | Buy Back of Shares |
| Other | 27 Dec 2018 | 28 Dec 2018 | — | — | Buy Back |
| Dividend | 05 Sep 2018 | — | — | 0.55 | |
| Dividend | 20 Nov 2017 | 21 Nov 2017 | — | 0.45 | |
| Dividend | 03 Aug 2017 | — | — | 0.75 | |
| Dividend | 18 Aug 2016 | 19 Aug 2016 | — | 0.45 | |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 0.70 | |
| Dividend | 19 Nov 2015 | 20 Nov 2015 | — | 0.40 | |
| Dividend | 31 Jul 2015 | — | — | 0.60 | |
| Dividend | 17 Sep 2014 | 18 Sep 2014 | — | 0.25 | |
| Dividend | 01 Aug 2014 | — | — | 0.55 | |
| Dividend | 18 Nov 2013 | 19 Nov 2013 | — | 0.20 | |
| Dividend | 24 Jul 2013 | — | — | 0.55 | |
| Dividend | 08 Nov 2012 | 09 Nov 2012 | — | 0.25 | |
| Dividend | 10 Jul 2012 | — | — | 0.20 | |
| Dividend | 24 Jan 2012 | 25 Jan 2012 | — | 0.20 | |
| Dividend | 08 Nov 2011 | 09 Nov 2011 | — | 0.25 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Aug 2025 from icra
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Rating update5 Jul 2024 from icra
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Rating update14 Apr 2023 from icra
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Rating update25 Mar 2022 from icra
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Rating update12 Mar 2021 from icra
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Rating update27 Jan 2020 from icra
Conference Calls
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