TRITURBINECapital Goods

Triveni Turbine Limited

Heavy Electrical Equipment · ISIN INE152M01016 · BSE 533655 · NSE EQ · FV ₹1
Last price
₹557
+2.96%today
What this company does

Triveni Turbine Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹443 cr of revenue in its latest quarter (Q1 FY27) and kept 11.5% of sales as profit.

Their stated mission

is to aligns digital initiatives with long-term platforms.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 77–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet87

How much it owes, and whether earnings cover the interest

Cash quality60

Whether reported profit actually arrives as cash

Growth & consistency70

Whether sales and profit have grown, and how steadily

Valuation22

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 19% vs last year
Promoters hold 56%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Profit down 21% vs last year

What if I invest in TRITURBINE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹557 +2.96%
latest close · 2026-09-17
1-year return
+353.2%
52-wk low ₹12252-wk high ₹654
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio87.0High
LowAverageHigh
P/B ratio12.24High
Below bookModerateHigh
EV / EBITDA55.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.1%Fair
WeakFairStrong ▸15%
Return on capital18.9%Strong
WeakFairStrong
Net margin11.5%Decent
ThinDecentStrong
EBITDA margin18.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover117.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.98Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹17,706 cr
Book value
₹45
EPS
₹1.60
latest quarter
Net debt
₹-101 cr
more cash than debt
Enterprise value
₹17,606 cr
EBITDA
₹319 cr
annualised
EBIT
₹281 cr
annualised
Operating margin
15.9%
Return on assets
8.2%
Earnings yield
1.15%
P/S
10.00
Sales / share
₹55.7
Tax rate
26.7%
Face value
₹1
Shares
31.8 cr
Working capital
₹984 cr
Current assets
₹1,990 cr
Current liabilities
₹1,006 cr
Delivery %
51.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹60₹132, midpoint ₹86

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹443 cr
Other Income₹28 cr
Total Income₹471 cr
Cost of Materials₹254 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹60 L
Employee Benefit Expense₹55 cr
Finance Costs₹60 L
Depreciation & Amortisation₹9 cr
Other Expenses₹82 cr
Total Expenses₹401 cr
Profit before Tax₹70 cr
Tax Expense₹19 cr
Net Profit₹51 cr
Net margin on total income10.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹254 cr54.0%
Employee benefit expense₹55 cr11.6%
Finance costs₹60 L0.1%
Depreciation & amortisation₹9 cr2.0%
Other expenses₹82 cr17.5%
Tax expense₹19 cr3.9%
Profit for the period₹51 cr10.8%
Total income ₹471 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue624 cr680 cr443 cr
Total income644 cr696 cr471 cr
Expenses500 cr561 cr401 cr
Profit before tax128 cr135 cr70 cr
Tax35 cr33 cr19 cr
Net profit (owners' share)92 cr102 cr51 cr
Net margin (owners' share, on revenue)14.8%15.0%11.5%
EPS (₹)2.893.211.60
YoY (latest quarter): total income +19.7% · net profit -20.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,497 cr
Shareholder equity
₹1,446 cr
parent shareholders
Total debt
₹0 cr
Cash
₹101 cr
Cash flow · H1 FY26
Operating
₹39 cr
Investing
₹12 cr
Financing
₹-66 cr
Peer comparison
Heavy Electrical Equipment · by market value
CompanyPriceMarket capP/E
Siemens Limited₹3,764₹8.37 L cr97.6
ABB India Limited₹7,131₹1.51 L cr102.1
Bharat Heavy Electricals Limited₹429₹1.49 L cr99.4
Hitachi Energy India Limited₹31,230₹1.39 L cr118.3
CG Power and Industrial Solutions Limited₹880₹1.39 L cr110.6
GE Vernova T&D India Limited₹4,341₹1.11 L cr76.5
Siemens Energy India Limited₹3,109₹1.11 L cr62.8
Suzlon Energy Limited₹43₹58,505 cr48.3
Thermax Limited₹3,570₹40,210 cr398.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.76%
trailing 12 months
Dividend / share (TTM)
₹4.25
Last dividend
₹2
ex 2 Sep 2026
ActionDetailEx-date
Dividend₹2 / share2 Sep 2026
Dividend₹2.25 / share9 Feb 2026
Dividend₹2 / share1 Sep 2025
Dividend₹2 / share6 Feb 2025
Dividend₹1.3 / share6 Sep 2024
Dividend₹1.3 / share16 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
55.8%
FII / Foreign
20.6%
DII / Domestic
16.0%
Retail / others
7.6%
Smart-money activity
Insider trades
BoughtZia Nikhil Sawhney · Promoters10.00 L17 Mar 25
BoughtZahan Nikhil Sawhney · Promoters10.00 L17 Mar 25
SoldNIKHIL SAWHNEY · Promoters20.00 L17 Mar 25
Bulk / block deals
short · NSE3224 Jul 26
short · NSE1,50023 Jun 26
short · NSE39 Jun 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.02% · 1.21 L19 Feb 26
BoughtZahan Nikhil Sawhney · promoter→ 0.31% · 10.00 L17 Mar 25
BoughtZia Nikhil Sawhney · promoter→ 0.31% · 10.00 L17 Mar 25
Promoter pledges
ReleasedYes Bank Ltd60.00 L · 1.85% held9 Jul 19
ReleasedYes Bank Ltd60.00 L · 1.85% held9 Jul 19
PledgedTarun Sawhney60.00 L · 0.00% held26 Jun 15
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 9 Sep 2026
See the official result
1
To consider and adopt (a) Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditors thereon; and (b) Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
10.45 cr votes for, 0 against · 0% of mutual funds and other big investors said no
2
To confirm the payment of Interim Dividend of INR 2.25/- per equity share of INR1/- each for the financial year 2025-26 and to declare a Final Dividend of INR 2/- per equity share of INR 1/- each for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
10.45 cr votes for, 0 against · 0% of mutual funds and other big investors said no
3
To appoint Mr. Dhruv M. Sawhney (DIN: 00102999), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Backed by 90% of shareholders other than promotersneeded 50%
9.36 cr votes for, 1.09 cr against · 10% of mutual funds and other big investors said no
4
To ratify the remuneration of M/s. J.H & Associates, Cost Auditors for conducting cost audit for the financial year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
10.45 cr votes for, 70 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 55.8% between them · as of 2026-06-30
Subhadra Trade and Finance Limited27.28%
Rati Sawhney10.35%
Dhruv Manmohan Sawhney8.22%
Tarun Sawhney4.31%
Nikhil Sawhney3.93%
Man Mohan Sawhney HUF ( Mr. Dhruv Manmohan Sawhney)1.11%
Zahan Nikhil Sawhney0.31%
Zia Nikhil Sawhney0.31%
Business done with them
FY2025 · 7 of the group
The company paid ₹133 cr to companies in the promoter group last year — about 6.6% of its ₹2,006 cr revenue and received ₹21 cr back from them.
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Bought goods from them · Sale and Purchase of goods or services and other transactions
₹69 cr
company paid
SUBHADRA TRADE AND FINANCE LIMITED
Other payments to them · Dividend paid
also owns 27.28% of the company
₹29 cr
company paid
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Sold goods to them · Sale and Purchase of goods or services and other transactions
₹20 cr
company received
Mr.Nikhil Sawhney
Other payments to them · Remuneration & Dividend Paid
also owns 3.93% of the company
₹16 cr
company paid
Mrs.Rati Sawhney
Other payments to them · Dividend paid
also owns 10.35% of the company
₹11 cr
company paid
Mr.Tarun Sawhney
Other payments to them · Dividend Paid & any other transaction
also owns 4.31% of the company
₹5 cr
company paid
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Paid them for services · Sale and Purchase of goods or services and other transactions
₹2 cr
company paid
Man Mohan Sawhney HUF
Other payments to them · Dividend paid
₹1 cr
company paid
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Provided services to them · Sale and Purchase of goods or services and other transactions
₹1 cr
company received
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Leases As Lessee · Sale and Purchase of goods or services and other transactions
₹15.2 L
company received
TRIVENI ENGINEERING AND INDUSTRIES LIMITED
Other payments to them · Sale and Purchase of goods or services and other transactions
₹2 L
company paid
Mrs.Tarana Sawhney
Other payments to them · Dividend paid
also owns 0.01% of the company
₹0.8 L
company paid

The company also transacted with 15 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.