TRIVENIFast Moving Consumer Goods

Triveni Engineering & Industries Limited

Sugar · ISIN INE256C01024 · BSE 532356 · NSE EQ · FV ₹1
Last price
₹246
+1.42%today
What this company does

Triveni Engineering & Industries Limited operates in Sugar, part of the Fast Moving Consumer Goods sector. It booked ₹2,049 cr of revenue in its latest quarter (Q2 FY27) and kept 4.6% of sales as profit. It is the 3rd largest of 9 Sugar companies we track, by market value.

In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 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)
50

At close. Not part of the score.

Profitability & returns51

How much profit it earns on the money it employs

Balance sheet66

How much it owes, and whether earnings cover the interest

Cash quality34

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation72

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
✓ Profit up 262% vs last year
✓ Promoters hold 61%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 4.6% net margin

What if I invest in TRIVENI?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹246▲ +1.42%
latest close · 2026-11-04
1-year return
+20.9%
52-wk low ₹18152-wk high ₹474
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 ratio14.4Low
LowAverageHigh
P/B ratio1.75Moderate
Below bookModerateHigh
EV / EBITDA8.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.1%Fair
WeakFairStrong ▸15%
Return on capital14.9%Fair
WeakFairStrong
Net margin4.6%Thin
ThinDecentStrong
EBITDA margin8.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover9.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.87Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹5,413 cr
Book value
₹141
EPS
₹4.25
latest quarter
Net debt
₹194 cr
owes more than its cash
Enterprise value
₹5,608 cr
EBITDA
₹661 cr
annualised
EBIT
₹534 cr
annualised
Operating margin
6.5%
Return on assets
8.9%
Earnings yield
6.92%
P/S
0.66
Sales / share
₹371.9
Tax rate
27.4%
Face value
₹1
Shares
22.0 cr
Working capital
₹1,134 cr
Current assets
₹1,740 cr
Current liabilities
₹606 cr
Delivery %
45.1%
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 2026-11-04.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹81–₹213, midpoint ₹102

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 · Q2 FY27 (consolidated)
Revenue from Operations₹2,049 cr
Other Income₹20 cr
Total Income₹2,069 cr
Cost of Materials₹246 cr
Purchases of Stock-in-Trade₹3 cr
Inventory Change (±)₹1,078 cr
Employee Benefit Expense₹102 cr
Finance Costs₹15 cr
Depreciation & Amortisation₹32 cr
Other Expenses₹475 cr
Total Expenses₹1,951 cr
Profit before Tax₹119 cr
Tax Expense₹32 cr
Share of JV / Associates₹8 cr
Net Profit₹94 cr
Net margin on total income4.5%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹1,327 cr63.9%
Employee benefit expense₹102 cr4.9%
Finance costs₹15 cr0.7%
Depreciation & amortisation₹32 cr1.5%
Other expenses₹475 cr22.9%
Tax expense₹32 cr1.6%
Profit for the period₹94 cr4.5%
Total income ₹2,069 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,834 cr1,950 cr2,049 cr
Total income1,842 cr1,961 cr2,069 cr
Expenses1,621 cr1,960 cr1,951 cr
Profit before tax230 cr34 L119 cr
Tax62 cr1 cr32 cr
Net profit (owners' share)167 cr4 cr94 cr
Net margin (owners' share, on revenue)9.1%0.2%4.6%
EPS (₹)7.600.174.25
YoY (latest quarter): total income +1.7% · net profit +261.6%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹4,193 cr
Shareholder equity
₹3,101 cr
parent shareholders
Total debt
₹470 cr
Cash
₹276 cr
Cash flow · H1 FY27
Operating
₹2,087 cr
Investing
₹-87 cr
Financing
₹-1,754 cr
Peer comparison
Sugar · by market value
CompanyPriceMarket capP/E
Bajaj Hindusthan Sugar Limited₹18₹14,511 cr—
Balrampur Chini Mills Limited₹655₹13,834 cr75.8
Triveni Engineering & Industries Limitedthis company₹242₹5,338 cr14.2
Bannari Amman Sugars Limited₹3,436₹4,308 cr—
Shree Renuka Sugars Limited₹18₹3,796 cr—
Dalmia Bharat Sugar and Industries Limited₹415₹3,359 cr122.0
Dhampur Bio Organics Limited₹125₹2,198 cr—
Avadh Sugar & Energy Limited₹830₹1,662 cr1,729.4
Uttam Sugar Mills Limited₹345₹1,317 cr73.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.12%
trailing 12 months
Dividend / share (TTM)
₹2.75
Last dividend
₹1.25
ex 31 Aug 2026
ActionDetailEx-date
Dividend₹1.25 / share31 Aug 2026
Dividend₹1.5 / share6 Feb 2026
Dividend₹2.5 / share1 Sep 2025
Dividend₹1.25 / share6 Sep 2024
Dividend₹2.25 / share9 Feb 2024
DividendAnnual General Meeting/Dividend - Rs Per Share1 Sep 2023
Who owns it · 2026-09-30
No pledge
Promoter
60.6%
FII / Foreign
7.5%
DII / Domestic
6.2%
Retail / others
25.7%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldRATI SAWHNEY · Promoters88.89 L · ₹310.1 cr11 Sep 23
BoughtSTFL TRADING AND FINANCE PRIVATE LIMITED · Promoters88.89 L · ₹310.1 cr11 Sep 23
SoldDHRUV MANMOHAN SAWHNEY · Promoters1.70 cr · ₹477.3 cr8 Dec 22
Bulk / block deals
short— · NSE129 Oct 26
short— · NSE20016 Oct 26
short— · NSE114 Oct 26
Stake changes
BoughtSTFL Trading and Finance Pvt Ltd · promoter→ 36.40% · 88.89 L11 Sep 23
SoldRati Sawhney along with pac · promoter→ 2.42% · 88.89 L11 Sep 23
BoughtDSP Trustee Private Limited→ 4.27%20 Mar 23
Promoter pledges
ReleasedYes Bank Ltd25.00 L · 0.96% held19 Dec 17
ReleasedYes bank Ltd25.00 L · 0.96% held3 Sep 15
PledgedYes Bank25.00 L · 0.00% held26 Jun 15
What shareholders were asked to approve

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 · 7 Sep 2026
See the official result
1
Adoption of Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors’ thereon
Backed by 100% of shareholders other than promotersneeded 50%
4.08 cr votes for, 56 against · 0% of mutual funds and other big investors said no
2
Confirmation of interim dividend of Rs. 1.50 per equity share already paid & Declaration of final dividend of Rs. 1.25 per equity share for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.09 cr votes for, 28 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr Tarun Sawhney (DIN:00382878) as a Director of the Company, liable to retire by rotation
Backed by 96% of shareholders other than promotersneeded 50%
3.90 cr votes for, 18.26 L against · 8% of mutual funds and other big investors said no
4
Ratification of remuneration payable to the Cost Auditor of the Company viz Mr. Rishi Mohan Bansal, Cost Accountant (FRN:102056) for the financial year 2026-27
Backed by 100% of shareholders other than promotersneeded 50%
4.09 cr votes for, 1,096 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 — 9 named members
owning 60.6% between them · as of 2026-09-30
STFL TRADING AND FINANCE PRIVATE LIMITED36.16%
DHRUV MANMOHAN SAWHNEY8.29%
NIKHIL SAWHNEY5.89%
TARUN SAWHNEY5.67%
RATI SAWHNEY2.83%
MAN MOHAN SAWHNEY HUF1.73%
TARANA SAWHNEY0.01%
NIKHIL SAWHNEY TRUSTno shares
Business done with them
FY2026 · 5 of the group
The company paid ₹58 cr to companies in the promoter group last year — about 0.8% of its ₹7,621 cr revenue.
STFL Trading and Finance Private Limited
Other payments to them · Description is mentioned along with relevent line item.
also owns 36.16% of the company
₹32 cr
company paid
Tarun Sawhney
Other payments to them · Description is mentioned along with relevent line item.
also owns 5.67% of the company
₹17 cr
company paid
Nikhil Sawhney
Other payments to them · Description is mentioned along with relevent line item.
also owns 5.89% of the company
₹5 cr
company paid
Rati Sawhney
Other payments to them · Description is mentioned along with relevent line item.
also owns 2.83% of the company
₹3 cr
company paid
Tarana Sawhney
Other payments to them · Description is mentioned along with relevent line item.
also owns 0.01% of the company
₹1 L
company paid

The company also transacted with 20 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.