Triveni Turbine Limited
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 application; and carbon dioxide heat pumps and chillers 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 of steam turbines and parts. 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 Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, May has averaged the highest return (+9.7%); Jan the lowest (-3.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.7%Negative MonthJan 2026: -6.68% | -2.7%Negative MonthFeb 2026: -2.68% | -10.1%Negative MonthMar 2026: -10.07% | +30.5%Positive MonthApr 2026: +30.48% | +29.3%Positive MonthMay 2026: +29.31% | -7.0%Negative MonthJun 2026: -6.97% | -11.7%*Negative MonthJul 2026: -11.67% | β | β | β | β | β |
| 2025 | -9.9%Negative MonthJan 2025: -9.86% | -27.5%Negative MonthFeb 2025: -27.53% | +16.2%Positive MonthMar 2025: +16.21% | -7.7%Negative MonthApr 2025: -7.65% | +11.9%Positive MonthMay 2025: +11.89% | +5.5%Positive MonthJun 2025: +5.53% | -2.2%Negative MonthJul 2025: -2.21% | -13.4%Negative MonthAug 2025: -13.40% | -0.0%Neutral MonthSep 2025: -0.05% | +3.2%Positive MonthOct 2025: +3.17% | +0.3%Neutral MonthNov 2025: +0.29% | +0.3%Neutral MonthDec 2025: +0.26% |
| 2024 | -11.2%Negative MonthJan 2024: -11.20% | +32.3%Positive MonthFeb 2024: +32.32% | +7.8%Positive MonthMar 2024: +7.80% | +0.2%Neutral MonthApr 2024: +0.20% | +9.1%Positive MonthMay 2024: +9.05% | +5.7%Positive MonthJun 2024: +5.69% | -4.2%Negative MonthJul 2024: -4.15% | +21.4%Positive MonthAug 2024: +21.36% | -5.0%Negative MonthSep 2024: -5.05% | +1.1%Neutral MonthOct 2024: +1.06% | +11.0%Positive MonthNov 2024: +10.95% | -3.6%Negative MonthDec 2024: -3.60% |
| 2023 | +4.3%Positive MonthJan 2023: +4.32% | +16.8%Positive MonthFeb 2023: +16.76% | +5.1%Positive MonthMar 2023: +5.11% | +9.6%Positive MonthApr 2023: +9.57% | +9.3%Positive MonthMay 2023: +9.26% | +1.7%Neutral MonthJun 2023: +1.65% | -1.5%Neutral MonthJul 2023: -1.49% | -2.1%Negative MonthAug 2023: -2.08% | +12.0%Positive MonthSep 2023: +12.03% | -18.1%Negative MonthOct 2023: -18.08% | +20.2%Positive MonthNov 2023: +20.21% | -1.8%Neutral MonthDec 2023: -1.84% |
| 2022 | +6.9%Positive MonthJan 2022: +6.85% | -13.2%Negative MonthFeb 2022: -13.20% | +15.0%Positive MonthMar 2022: +14.98% | -4.7%Negative MonthApr 2022: -4.72% | -11.2%Negative MonthMay 2022: -11.21% | -8.9%Negative MonthJun 2022: -8.85% | +9.7%Positive MonthJul 2022: +9.71% | +19.7%Positive MonthAug 2022: +19.75% | +14.6%Positive MonthSep 2022: +14.56% | +19.1%Positive MonthOct 2022: +19.12% | +2.9%Positive MonthNov 2022: +2.93% | -9.5%Negative MonthDec 2022: -9.52% |
| 2021 | β | β | β | β | β | +22.7%Positive MonthJun 2021: +22.73% | -1.1%Neutral MonthJul 2021: -1.09% | +5.4%Positive MonthAug 2021: +5.39% | +24.1%Positive MonthSep 2021: +24.08% | +20.1%Positive MonthOct 2021: +20.12% | -3.5%Negative MonthNov 2021: -3.51% | +2.1%Positive MonthDec 2021: +2.13% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.79 K Cr | β | βΉ374.00 Cr | β | β | 36.2% | 30.2% | 78.9% |
| Mar 2024 | βΉ1.38 K Cr | β | βΉ209.00 Cr | β | β | 27.3% | 27.3% | 44.1% |
| Mar 2023 | βΉ1.08 K Cr | β | βΉ145.00 Cr | β | β | 23.2% | 33.5% | -41.8% |
| Mar 2022 | βΉ811.00 Cr | β | βΉ249.00 Cr | β | β | 32.3% | 16.4% | 179.8% |
| Mar 2021 | βΉ697.00 Cr | β | βΉ89.00 Cr | β | β | 15.0% | -14.0% | -19.1% |
| Mar 2020 | βΉ810.00 Cr | β | βΉ110.00 Cr | β | β | 22.1% | -2.3% | 25.0% |
| Mar 2019 | βΉ829.00 Cr | β | βΉ88.00 Cr | β | β | 21.2% | 11.9% | -10.2% |
| Mar 2018 | βΉ741.00 Cr | β | βΉ98.00 Cr | β | β | 22.0% | 1.1% | -15.5% |
| Mar 2017 | βΉ733.00 Cr | β | βΉ116.00 Cr | β | β | 29.3% | 3.5% | 6.4% |
| Mar 2016 | βΉ708.00 Cr | β | βΉ109.00 Cr | β | β | 36.5% | 13.1% | 19.8% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 508 | 626 | 708 | 733 | 741 | 829 | 810 | 697 | 811 | 1,083 | 1,379 | 1,795 | 1,754 |
| Total Expenses | 400 | 498 | 550 | 568 | 582 | 686 | 664 | 556 | 664 | 906 | 1,126 | 1,384 | 1,341 |
| EBIT / Operating Profit | 108 | 127 | 159 | 165 | 159 | 143 | 146 | 141 | 147 | 177 | 252 | 411 | 413 |
| OPM % | 21% | 20% | 22% | 22% | 21% | 17% | 18% | 20% | 18% | 16% | 18% | 23% | 24% |
| Other Income | 8 | 25 | 21 | 28 | 8 | 16 | 22 | 1 | 215 | 39 | 56 | 108 | 108 |
| Finance Costs | 2 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 2 | 4 | 4 | 2 |
| Depreciation & Amortisation | 13 | 14 | 15 | 15 | 19 | 20 | 20 | 20 | 20 | 19 | 20 | 21 | 23 |
| Profit Before Tax | 101 | 136 | 163 | 177 | 146 | 136 | 142 | 120 | 340 | 195 | 284 | 494 | 496 |
| Tax % | 32% | 33% | 33% | 34% | 33% | 35% | 23% | 26% | 27% | 26% | 26% | 24% | - |
| Net Profit / PAT | 68 | 91 | 109 | 116 | 98 | 88 | 110 | 89 | 249 | 145 | 209 | 374 | 378 |
| EPS (βΉ) | 2.07 | 2.76 | 3.30 | 3.52 | 2.98 | 2.71 | 3.40 | 2.74 | 7.72 | 4.56 | 6.58 | 11.78 | 11.88 |
| Dividend Payout % | 36% | 31% | 33% | 34% | 34% | 0% | 15% | 44% | 25% | 0% | 55% | 34% | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Triveni Turbine Limitedthis co. | βΉ16.30 K Cr | βΉ1.79 K Cr | 46.70 | 14.62 | 52.44 | 30.2% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |
