Login
Products
Login
Home
Alerts
Search
Watchlists
Products

Triveni Engineering and Industries Ltd

TRIVENI
NSE
388.05
1.18%
Last Updated:
02 Apr '26, 3:59 PM
Company Overview
Guidance Tracker
Alert
Watchlist
Note

Triveni Engineering and Industries Ltd

TRIVENI
NSE
388.05
1.18%
02 Apr '26, 3:59 PM
Company Overview
Guidance Tracker
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
8,494Cr
Close
Close Price
388.05
Industry
Industry
Sugar
PE
Price To Earnings
28.18
PS
Price To Sales
1.32
Revenue
Revenue
6,412Cr
Rev Gr TTM
Revenue Growth TTM
19.58%
PAT Gr TTM
PAT Growth TTM
35.91%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
1,5831,1981,4091,3111,3021,3011,4911,2681,6291,5981,7061,478
Growth YoY
Revenue Growth YoY%
47.9-2.34.7-10.4-17.78.65.8-3.325.122.914.416.5
Expenses
ExpensesCr
1,3191,0731,3461,1181,0571,2141,4861,1911,3211,5451,6401,327
Operating Profit
Operating ProfitCr
26312563193246865773085466151
OPM
OPM%
16.610.44.514.718.96.60.36.118.93.43.910.2
Other Income
Other IncomeCr
2212122216111424923211
Interest Expense
Interest ExpenseCr
10211061826161130382213
Depreciation
DepreciationCr
242526262729323332353636
PBT
PBTCr
251913918221742-3058255329103
Tax
TaxCr
602310455611-815681825
PAT
PATCr
190682913716131-224318722178
Growth YoY
PAT Growth YoY%
74.31.8-97.9-6.7-15.4-54.2-177.0-69.016.2-93.2195.482.7
NPM
NPM%
12.05.62.110.512.42.4-1.53.411.50.11.35.3
EPS
EPS
8.13.11.36.37.41.4-1.01.98.60.21.23.8

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
2,0611,9152,8253,3703,1524,4374,6744,2915,6175,2205,6896,412
Growth
Revenue Growth%
-34.6-7.147.519.3-6.540.85.3-8.230.9-7.19.012.7
Expenses
ExpensesCr
2,0791,7902,3033,0942,8433,8934,1163,6575,0014,5945,2135,833
Operating Profit
Operating ProfitCr
-18125522276309543558634616626476579
OPM
OPM%
-0.96.518.58.29.812.211.914.811.012.08.49.0
Other Income
Other IncomeCr
3038-3634845732751,498625854
Interest Expense
Interest ExpenseCr
1221151278568795255575683102
Depreciation
DepreciationCr
595857555775798193104126140
PBT
PBTCr
-169-103021692684464605741,964529324390
Tax
TaxCr
-17049505211016515017213486102
PAT
PATCr
-152-102531192163352954241,792395238288
Growth
PAT Growth%
13.893.52,680.5-52.981.555.0-12.143.9322.5-78.0-39.721.0
NPM
NPM%
-7.4-0.59.03.56.97.56.39.931.97.64.24.5
EPS
EPS
-5.9-0.39.84.68.413.312.017.574.618.110.913.8

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
262626262625242422222222
Reserves
ReservesCr
6336238109211,1151,3141,5321,8892,6432,8793,0893,064
Current Liabilities
Current LiabilitiesCr
1,8591,9191,9321,9682,1862,1061,5491,8821,3901,7942,482964
Non Current Liabilities
Non Current LiabilitiesCr
445447340118479601515503400423600600
Total Liabilities
Total LiabilitiesCr
2,9633,0153,1083,0323,8054,0463,6204,2974,4545,1186,2424,691
Current Assets
Current AssetsCr
1,7241,7762,0931,9882,5762,6502,2132,5582,7423,0893,6222,006
Non Current Assets
Non Current AssetsCr
1,2391,2391,0151,0441,2301,3961,4071,7401,7122,0292,6202,685
Total Assets
Total AssetsCr
2,9633,0153,1083,0323,8054,0463,6204,2974,4545,1186,2424,691

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-141-95145621-169510791-173397100-106
Investing Cash Flow
Investing Cash FlowCr
-33-27-39-41-215-107-108-2571,414-359-323
Financing Cash Flow
Financing Cash FlowCr
172120-102-583394-386-704442-1,762263395
Net Cash Flow
Net Cash FlowCr
-2-24-31117-2112494-35
Free Cash Flow
Free Cash FlowCr
-181-135104569-407394704-465162-255-404
CFO To PAT
CFO To PAT%
92.6972.357.2521.1-78.0152.3268.4-40.922.225.4-44.6
CFO To EBITDA
CFO To EBITDA%
785.9-76.327.7225.0-54.694.0141.7-27.364.516.0-22.3

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
4751,3042,2881,0541,5719062,0447,5235,9506,7998,411
Price To Earnings
Price To Earnings
0.00.09.08.87.32.76.917.73.317.234.6
Price To Sales
Price To Sales
0.20.70.80.30.50.20.41.81.11.31.5
Price To Book
Price To Book
0.72.22.71.11.40.71.33.92.22.32.7
EV To EBITDA
EV To EBITDA
-101.522.97.37.810.24.25.414.311.013.021.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
20.327.634.923.229.226.726.533.427.331.127.4
OPM
OPM%
-0.96.518.58.29.812.211.914.811.012.08.4
NPM
NPM%
-7.4-0.59.03.56.97.56.39.931.97.64.2
ROCE
ROCE%
-2.44.818.212.312.219.320.118.056.213.58.0
ROE
ROE%
-23.1-1.530.312.619.025.018.922.267.213.67.7
ROA
ROA%
-5.1-0.38.13.95.78.38.19.940.27.73.8
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Company Overview** Triveni Engineering & Industries Ltd. (TEIL) is a diversified Indian industrial conglomerate with integrated operations across three core segments: - **Power Transmission (Gears & Defence)** - **Water & Wastewater Solutions** - **Sugar, Alcohol, and FMCG (Triveni Brands)** Founded in 1932, the company has evolved from a sugar-focused enterprise into a technologically advanced, multi-industry player with a strong focus on engineering excellence, sustainability, and indigenization. It operates over 22 manufacturing facilities and maintains a global footprint in over 90 countries. --- ### **1. Power Transmission Business (PTB) – Market Leadership & International Expansion** Triveni’s Power Transmission Business, headquartered in Mysuru, Karnataka, is India’s **largest manufacturer of high-speed, engineered-to-order gearboxes**, with over 48 years of experience and a global reputation for reliability, quality, and rapid delivery. #### **Key Highlights (2025):** - **Global Market Leadership:** - Over **12,500 high-speed gearboxes installed** globally, serving sectors like oil & gas, petrochemicals, steel, cement, sugar, and power. - Market leader in high-speed gearboxes with capacity up to **70 MW and 70,000 rpm**, compliant with stringent **API, AGMA, CE, and ATEX** standards. - **Defence Technology & Indigenization:** - Developed **indigenous lightweight marine gearboxes and propulsion shafting**; successfully delivered and commissioned for an **Indian Coast Guard vessel**, reinforcing India’s defence self-reliance. - Secured orders for **54 gearboxes** across Fast Patrol Vessels (FPV) and Offshore Patrol Vessels (OPV), and propulsion shafting for a global technology partner. - In-house development of **fin stabiliser control systems** and **marine propulsion integration systems**. - Strategic joint venture with **Rolls-Royce** and collaboration with **GEAE Technology USA** to indigenously manufacture **LM2500 gas turbine components**, including base frames and acoustic enclosures. - Building a **dedicated multi-modal defence manufacturing, integration, and testing facility** in Mysuru to support naval and defence programs under the **Atmanirbhar Bharat** initiative. - **Capacity Expansion & Financial Scale:** - Increased annual gear manufacturing capacity (excluding defence) from **₹400 crore to ₹700 crore** by September 2026, supported by a **₹60 crore capex** in FY25. - A new facility with **80–100 tonne handling capacity** and specialized test benches is under development for defence-grade products. - **Global Performance & Orders:** - Secured international orders from the **Middle East, Africa, and Latin America**, displacing European suppliers. - Key export wins include: - **54MW Frame-6 Gas Turbine Load Gearboxes** - **27MW Compressor Gearbox for a European OEM** - **48MW Steam Turbine Generator Gearbox** - Integrated **Compressor Internals and Full Blowers** - Entering **Japanese and South American markets**, and participating in **FPSO (Floating Production, Storage, and Offloading)** projects. - **Aftermarket Excellence:** - Replaced over **1,200 gearboxes from 90+ global brands**, demonstrating unmatched retrofitting capabilities. - Offers value-added services: **health monitoring, diagnostics, reverse engineering, rapid spares, and on-site training**, minimizing client downtime. - **Strategic Initiatives:** - Invested in **AI-driven platform “Xperia”** for immersive AR-based customer training on gearbox installation and maintenance. - Expanded gearbox size capability to **2.8 meters in diameter** (from 2m), targeting larger global projects. - Established **Centres of Excellence** in Gear Technology, Rotor Dynamics, and Vibration Analysis. --- ### **2. Water & Wastewater Solutions – End-to-End EPC & O&M Services** Triveni’s Water Business Group (WBG) is a **leading provider of sustainable water and wastewater treatment solutions** across municipal, industrial, and urban sectors. #### **Key Highlights (2025):** - **Operational Scale:** - Treats over **12,200 million liters per day (MLD)** of water and wastewater. - Over **1,200 installations completed** and **100+ major EPC projects executed** across India, Maldives, and Bangladesh. - **Project Models & Capabilities:** - Offers full lifecycle solutions via **EPC, BOOT, DBO, PPP, and Hybrid Annuity Model (HAM)** frameworks. - Specializes in **Zero Liquid Discharge (ZLD), sludge management, desalination, reuse, and biogas recovery**. - Technology partnerships with **Aqwise (Israel), GAA (Germany), Premier Tech (Canada)** for **MBBR, SBR, ASP, and membrane filtration**. - **Recent Projects & Funding:** - Executed **210 MLD WTP in Greater Noida** and **205 MLD STP in Delhi (JICA-funded)**. - Won international contracts: - **80 MLD sewerage project in Khulna, Bangladesh (ADB-funded)** - **Water and wastewater system for six islands in the Maldives (Exim Bank-funded)** - Active in **Namami Gange, Jal Jeevan Mission**, and other national programs. - **Future Growth Opportunities:** - Targeting **sewage recycling** in thermal power plants as a new revenue stream. - Evaluating international tenders with **multilateral funding (ADB, JICA, World Bank)** and pre-qualifications in place. - Focused on **public-private partnerships (PPP)** and **HAM projects** to leverage India’s ₹50,000 crore+ water infrastructure funding pipeline. --- ### **3. Sugar, Ethanol & IMFL – Forward Integration & Market Expansion** Triveni has transitioned from a traditional sugar manufacturer into a diversified agri-value chain leader with robust **ethanol, Indian Made Indian Liquor (IMIL)**, and **Indian Made Foreign Liquor (IMFL)** operations. #### **Key Highlights (2025):** - **Sugar Operations:** - Operates **five sugar manufacturing units** in Uttar Pradesh (Deoband, Khatauli, Sabitgarh, Shamli/SSEL, Ramkola). - Total crushing capacity: **63,000 TCD**, supported by **360,000+ farmer associates**. - Produces **refined, pharmaceutical-grade, raw, and crystal sugar** with **104.5 MW co-generation** (power sold to UPPCL). - **Ethanol & Distillery Capacity:** - Commissioned a **200 KLPD multi-feed distillery at Rani Nangal**, bringing total ethanol capacity to **660 KLPD**. - **Dual-feed capability** — can process **molasses, rice, and maize**, enhancing resilience and profitability. - Committed to **India’s E20 ethanol blending program**, with strategic feedstock diversification reducing import dependence. - **Alcohol & FMCG Expansion:** - **IMIL (Country Liquor):** - Rank **fifth-largest player in UP**, with **55.7 lakh cases sold in FY25**, up **24.5% YoY**. - **IMFL (Foreign Liquor):** - Launched two new **premium whisky brands** under its own labels: - **Matsya Triple Reserve (Premium)** - **The Crafters Stamp Rare Artisan (Super-Premium)** - Both brands won awards: **Spiritz Achievers Awards 2024**, **INDSPIRIT 2025**, **World Whiskies Award Design**. - Bottling plant under development at **Muzaffarnagar (₹25 crore capex)** to support IMFL scale-up. - **By-Products & Sustainability:** - **Distillers Dried Grains Solubles (DDGS):** Protein-rich animal feed, sold to institutional buyers. - **Potash-rich fly ash:** Converted into **fertilizer compliant under Fertilizer Control Order**, reducing dependency on imported MOP. - **CO₂ capture and utilization** initiatives underway. - **Farmer & Agronomy Innovation:** - Deployed **Triveni Cane app** and **AI-powered agricultural assistant** via WhatsApp for: - Disease identification, pest prediction, crop advice, hyperlocal weather forecasting. - Uses **satellite mapping and drones** for disease surveillance and yield optimization. - Initiated **varietal substitution program** to replace ageing cane in low-lying areas. --- ### **4. Strategic Initiatives & Growth Framework** - **Corporate Restructuring (2025):** - **Demerger of Power Transmission Business** into a separately listed entity to enable **focused capital allocation**, **dedicated investor targeting**, and **distinct growth strategies**. - **Amalgamation of Sir Shadi Lal Enterprises (SSEL)** to consolidate sugar and ethanol operations and enhance raw material security. - **Digital Transformation:** - Implemented **SAP S/4HANA with generative AI tool “Joule”** to become a **data-driven organization**. - **IoT-enabled supply chains, GPS farming, and drone spraying** streamline operations. - **Capital Allocation:** - **₹1,574 crore returned to stakeholders** over five years via dividends and buybacks. - Ongoing investments in **capex, R&D, automation**, and **human capital** to sustain growth. - **Sustainability & ESG:** - Focus on **ZLD, waste-to-energy (WtE), by-product monetization, and carbon footprint reduction**. - Energy self-sufficiency via cogeneration and biomass utilization. --- ### **Financial & Market Position Summary (2025)** | Segment | Key Metrics | |--------|-----------| | **Power Transmission** | ₹700 crore annual capacity by 2026; 12,500+ global installations; ₹475 crore order bookings (FY25) | | **Water Business** | 12,200+ MLD treated; 1,200+ installations; ₹1,223 crore order book | | **Sugar & Alcohol** | 63,000 TCD, 660 KLPD ethanol, 7.5 lakh cases/month bottling capacity | | **Global Reach** | 90+ countries; exports to Middle East, Africa, Latin America, Europe, Japan | ---