Triveni Engineering & Industries
Triveni Engineering and Industries Ltd
- P/E
- 19.57
Key Fundamentals
MicrocapConsumer GoodsFMCGPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 9.02%
- Debt to Equity
- 0.65
- EPS (TTM)
- ₹12.55
- Book Value
- ₹140.74
- Market Cap
- —
- P/E (TTM)
- 19.57
- P/B
- 1.75
- ROE
- 8.68%
- Dividend Yield
- 1.14%
- EBITDA
- ₹624 Cr
- 52W High
- ₹490.10
- 52W Low
- ₹220.05
- Volume
- 0
Peer Comparison
Fast Moving Consumer Goods › Consumer Goods › Sugar
| ₹673.65 | 36.85 | ₹14,183 Cr | 3.11 | 0.53% | 9.51% | 9.27% | ₹6,366 Cr | ₹371 Cr | |
| ₹245.61 | 19.57 | ₹5,499 Cr | 1.75 | 1.14% | 8.68% | 9.02% | ₹6,173 Cr | ₹270 Cr | |
| ₹18.83 | 104.61 | ₹4,423 Cr | 4.71 | 0.00% | 24.40% | 3.11% | ₹5,332 Cr | ₹116 Cr | |
| ₹3,459.10 | 35.63 | ₹4,389 Cr | 2.27 | 0.36% | 7.26% | 8.75% | ₹1,670 Cr | ₹122 Cr | |
| ₹18.49 | — | ₹3,865 Cr | — | 0.00% | — | −3.06% | ₹9,365 Cr | −₹780 Cr | |
| ₹483.55 | 18.89 | ₹3,739 Cr | 1.21 | 1.45% | 7.33% | 8.25% | ₹3,525 Cr | ₹207 Cr | |
| ₹894.80 | 27.16 | ₹1,708 Cr | 1.59 | 1.20% | 5.63% | 6.83% | ₹2,756 Cr | ₹66 Cr | |
| Median 7 companies | ₹483.55 | 31.40 | ₹4,389 Cr | 2.01 | 0.53% | 8.00% | 8.25% | ₹5,332 Cr | ₹122 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 69
- Strong
- Returns, margins, earnings quality 22% weight
- Valuation
- 56
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 41
- Weak
- Sales & profit trajectory 9% weight
- Financial Health
- 45
- Weak
- Solvency, leverage, coverage 9% weight
- Momentum
- 10
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 36
- Poor
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 25.6%
Weaknesses
4- Promoter holding has decreased over last quarter: -0.40%
- The company has delivered a poor sales growth of 6.12% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Company might be capitalizing the interest cost
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 4 | 10 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Bullish | 2 | 4 | 4 |
Oscillators
Bearish
Overall
Bullish
Moving Averages
Bullish
Key readings
- RSI (14)
- 53.46
- Neutral
- MACD (12,26,9)
- −3.02
- Bullish
- SMA (50)
- 251.39
- Bearish
- SMA (200)
- —
- Neutral
As of
Analyst Rating
3 of 3 analysts rate Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +12.63% |
|---|---|
| 5Y | +6.12% |
| 3Y | +3.84% |
| 1Y | +10.56% |
| TTM | +3.98% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | −1.83% |
| 3Y | −46.85% |
| 1Y | +13.03% |
| TTM | +29.08% |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | −24.98% |
| 3Y | −22.05% |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +2.15 pp |
|---|---|
| 5Y | −3.29 pp |
| 3Y | −2.27 pp |
| 1Y | +0.31 pp |
| TTM | +0.99 pp |
Revenue by year
| Mar 2017 | ₹2,824 Cr |
|---|---|
| Mar 2018 | ₹3,370 Cr |
| Mar 2019 | ₹3,152 Cr |
| Mar 2020 | ₹4,437 Cr |
| Mar 2021 | ₹4,674 Cr |
| Mar 2022 | ₹4,291 Cr |
| Mar 2023 | ₹5,617 Cr |
| Mar 2024 | ₹5,220 Cr |
| Mar 2025 | ₹5,689 Cr |
| Mar 2026 | ₹6,290 Cr |
Net profit by year
| Mar 2017 | ₹253 Cr |
|---|---|
| Mar 2018 | ₹119 Cr |
| Mar 2019 | ₹216 Cr |
| Mar 2020 | ₹335 Cr |
| Mar 2021 | ₹295 Cr |
| Mar 2022 | ₹424 Cr |
| Mar 2023 | ₹1,792 Cr |
| Mar 2024 | ₹395 Cr |
| Mar 2025 | ₹238 Cr |
| Mar 2026 | ₹269 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Triveni Engineering trades at a market cap of Rs 4,892 Cr with a PE of 18.7x and dividend yield of 1.21%. The company shows a long-term profit CAGR of 39% over 10 years but has experienced a sharp profit decline of -28% over the last 3 years, alongside sluggish sales growth of approximately 5% over 5 years.
- Strong long-term wealth creation with stock CAGR of 20% over 10 years, outperforming many FMCG peers
- Exceptional 10-year compounded profit growth of 39% demonstrates ability to scale earnings over full sugar cycles
- TTM profit growth has rebounded sharply at 28%, indicating a potential earnings recovery cycle
- Reasonable valuation at PE of 18.7x relative to the consumer goods sector which often trades at 30x+
- Consistent dividend payout of 21.5% with a yield of 1.21%, providing income to shareholders through cycles
- Price-to-book of 1.51x suggests the stock is not excessively priced relative to its asset base
- 10-year compounded sales growth of 12% shows the company has historically been able to grow its topline meaningfully
- 5-year stock CAGR of 15% indicates sustained market confidence in the business model
- 3-year compounded profit growth is deeply negative at -28%, indicating a prolonged earnings downcycle
- Poor 5-year sales growth of approximately 5% signals limited topline expansion capability
- 3-year ROE has declined to just 9% from a 10-year average of 17%, reflecting deteriorating capital efficiency
- Last year ROE dropped further to 6%, well below cost of equity for most Indian companies
- Promoter holding decreased by 0.40% in the last quarter, which may signal reduced insider confidence
- Company might be capitalizing interest costs, which could overstate reported profitability and asset values
- 5-year compounded profit growth is negative at -8%, showing earnings have not kept pace even over a medium-term horizon
- 3-year sales CAGR of just 2% suggests near-stagnation in revenue generation in the recent period
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Triveni Engineering returned to profitability in Q1FY27 on stronger sugar realisations and alcohol performance, while completing its Power Transmission demerger to simplify the corporate structure. Key risks include suboptimal returns in the Water business and limited scalability in Country Liquor. The board's proactive capital allocation review and demerger execution suggest improving discipline, with the core sugar and alcohol segments positioned for a better FY27.
- Water business suboptimal returns Jul 31
Board flagged Water business's suboptimal return on capital employed, signaling potential restructuring or exit from the segment.
- Country Liquor limited scalability Jul 31
Country Liquor business has limited scalability due to geographic constraints and limited capital requirements, capping growth potential despite good return metrics.
- Q1FY27 returns to profitability Jul 31
Consolidated net profit of ₹3.65 crore in Q1FY27, reversing a ₹6.62 crore loss in Q1FY26, driven by higher sugar realisations and improved Alcohol segment.
- Board reviews capital allocation Jul 31
Board actively examining capital allocation strategy for future growth, suggesting disciplined approach to deploying capital in higher-return segments.
- Demerger of Power Transmission done Jul 29
Triveni Power Transmission completed allotment of 7.34 crore shares to TEIL shareholders and ceased to be a subsidiary, unlocking standalone value.
- Demerger record date July 22 Jul 11
July 22, 2026 fixed as record date for demerger; shareholders to receive shares of Triveni Power Transmission Ltd.
- Power Transmission board restructured Jul 29
Tarun Sawhney appointed as MD of Triveni Power Transmission and 12 senior management personnel designated post-demerger.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,198 | 1,409 | 1,311 | 1,302 | 1,301 | 1,491 | 1,268 | 1,629 | 1,548 | 1,706 | 1,478 | 1,408 | 1,581 |
| Expenses | 1,073 | 1,346 | 1,118 | 1,057 | 1,214 | 1,486 | 1,191 | 1,321 | 1,511 | 1,640 | 1,328 | 1,172 | 1,527 |
| Operating Profit | 125 | 62.76 | 193 | 246 | 86.24 | 4.58 | 77.11 | 308 | 36.88 | 66.1 | 150 | 236 | 53.05 |
| OPM % | 10.42% | 4.45% | 14.71% | 18.86% | 6.63% | 0.31% | 6.08% | 18.91% | 2.38% | 3.87% | 10.14% | 16.77% | 3.36% |
| Other Income | 12.21 | 12.35 | 21.91 | 16.09 | 10.81 | 13.68 | 24.02 | 9.27 | 31.82 | 20.62 | 1.71 | 42.66 | 14.78 |
| Interest | 20.83 | 10.19 | 6.47 | 18.01 | 26.41 | 16.38 | 10.55 | 30.11 | 37.89 | 21.5 | 12.53 | 27.83 | 31.92 |
| Depreciation | 25.26 | 25.76 | 26.16 | 26.94 | 28.89 | 32.14 | 33.02 | 32.11 | 30.82 | 36.13 | 36.25 | 31.25 | 31.23 |
| PBT | 91 | 39.16 | 182 | 217 | 41.75 | −30.26 | 57.56 | 255 | −0.01 | 29.09 | 103 | 220 | 4.68 |
| Tax % | 25.7% | 25.66% | 24.54% | 25.7% | 25.79% | −25.91% | 26.04% | 26.67% | −21100% | 26.5% | 24.38% | 23.78% | 22.01% |
| Net Profit | 67.61 | 29.11 | 137 | 161 | 30.99 | −22.42 | 42.57 | 187 | 2.1 | 21.38 | 77.78 | 167 | 3.65 |
| EPS (₹) | 3.09 | 1.33 | 6.28 | 7.36 | 1.43 | −0.88 | 2.2 | 8.36 | 0.1 | 1.18 | 3.55 | 7.65 | 0.17 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,061 | 1,915 | 2,824 | 3,370 | 3,152 | 4,437 | 4,674 | 4,291 | 5,617 | 5,220 | 5,689 | 6,290 | 6,173 |
| Expenses | 2,079 | 1,789 | 2,302 | 3,094 | 2,842 | 3,893 | 4,112 | 3,655 | 4,999 | 4,593 | 5,210 | 5,742 | 5,668 |
| Operating Profit | −18 | 126 | 522 | 276 | 309 | 543 | 562 | 636 | 618 | 627 | 479 | 549 | 505 |
| OPM % | −0.9% | 7% | 18% | 8% | 10% | 12% | 12% | 15% | 11% | 12% | 8% | 9% | 8% |
| Other Income | 30 | 41 | −36 | 33 | 83 | 56 | 28 | 73 | 1,496 | 62 | 54 | 60 | 80 |
| Interest | 122 | 115 | 127 | 85 | 68 | 79 | 52 | 55 | 57 | 56 | 83 | 100 | 94 |
| Depreciation | 59 | 59 | 57 | 55 | 57 | 75 | 79 | 81 | 93 | 104 | 126 | 144 | 135 |
| PBT | −169 | −7 | 302 | 169 | 268 | 446 | 460 | 574 | 1,964 | 529 | 324 | 364 | 356 |
| Tax % | −10% | −1% | 16% | 29% | 19% | 25% | 36% | 26% | 9% | 25% | 27% | 26% | — |
| Net Profit | −152 | −7 | 253 | 119 | 216 | 335 | 295 | 424 | 1,792 | 395 | 238 | 269 | 270 |
| EPS (₹) | −5.9 | −0.28 | 9.81 | 4.62 | 8.39 | 13.52 | 12.18 | 17.54 | 81.86 | 18.05 | 11.11 | 12.28 | 12.55 |
| Div. Payout % | 0% | 0% | 0% | 5% | 8% | 8% | 14% | 19% | 4% | 32% | 22% | 22% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 25 | 24 | 24 | 22 | 22 | 22 | 22 |
| Reserves | 633 | 561 | 810 | 921 | 1,115 | 1,314 | 1,532 | 1,889 | 2,643 | 2,879 | 3,089 | 3,321 |
| Borrowings | 1,472 | 1,678 | 1,721 | 1,240 | 1,684 | 1,530 | 990 | 1,575 | 929 | 1,424 | 1,980 | 2,161 |
| Other Liabilities | 834 | 740 | 554 | 850 | 985 | 1,181 | 1,078 | 815 | 865 | 799 | 1,124 | 1,025 |
| Total Liabilities | 2,965 | 3,006 | 3,111 | 3,036 | 3,810 | 4,050 | 3,624 | 4,303 | 4,459 | 5,124 | 6,215 | 6,528 |
| Fixed Assets | 875 | 862 | 858 | 847 | 842 | 1,087 | 1,073 | 1,077 | 1,470 | 1,517 | 2,334 | 2,398 |
| CWIP | 18 | 9 | 2 | 10 | 205 | 26 | 22 | 257 | 28 | 226 | 32 | 14 |
| Investments | 81 | 99 | 109 | 116 | 113 | 142 | 146 | 193 | 6 | 55 | 10 | 7 |
| Other Assets | 1,990 | 2,036 | 2,142 | 2,063 | 2,650 | 2,796 | 2,383 | 2,775 | 2,955 | 3,326 | 3,840 | 4,109 |
| Total Assets | 2,965 | 3,006 | 3,111 | 3,036 | 3,810 | 4,050 | 3,624 | 4,303 | 4,459 | 5,124 | 6,215 | 6,528 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −141 | −93 | 145 | 621 | −169 | 510 | 791 | −173 | 397 | 100 | −106 | 188 |
| Investing | −33 | −28 | −39 | −41 | −215 | −107 | −108 | −257 | 1,414 | −359 | −318 | −163 |
| Financing | 172 | 119 | −102 | −583 | 394 | −386 | −704 | 442 | −1,762 | 263 | 394 | −16 |
| Net Cash Flow | −2 | −2 | 4 | −3 | 11 | 17 | −21 | 12 | 49 | 4 | −30 | 9 |
| Free Cash Flow | −180 | −134 | 104 | 569 | −407 | 394 | 704 | −465 | 162 | −255 | −404 | 6 |
| CFO/OP | 758 | −72 | 27 | 248 | −40 | 107 | 152 | −3 | 99 | 35 | −5 | 42 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 48 | 36 | 34 | 27 | 29 | 16 | 23 | 25 | 24 | 33 | 32 |
| Inventory Days | 275 | 372 | 333 | 223 | 347 | 215 | 185 | 261 | 179 | 246 | 242 | 238 |
| Days Payable | 147 | 118 | 51 | 89 | 104 | 85 | 66 | 45 | 37 | 36 | 49 | 36 |
| Cash Conversion Cycle | 169 | 302 | 318 | 168 | 271 | 159 | 135 | 239 | 167 | 234 | 226 | 235 |
| Working Capital Days | −25 | −25 | 20 | 2 | 43 | 49 | 51 | 56 | 83 | 86 | 70 | 72 |
| ROCE % | −2% | 5% | 21% | 11% | 13% | 18% | 19% | 21% | 18% | 15% | 9% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Triveni Engineering & Industries insights
64 extracted metrics across FY08–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · Jun 2026Transcript PPT Recording
- Concall · May 2026PPT
- Concall · May 2026PPT
- 29 Jul 2026
- 14 Aug 2026
- 28 May 2026
- 16 May 2025
- 4 Apr 2025
- 19 Dec 2024
- General announcements 2 Nov 2026
Frequently Asked Questions about Triveni Engineering & Industries
What does Triveni Engineering and Industries Ltd do?
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Which sector does Triveni Engineering and Industries Ltd belong to?
What is the PE ratio of Triveni Engineering and Industries Ltd?
What is the 52-week high and low of Triveni Engineering and Industries Ltd?
Does Triveni Engineering and Industries Ltd pay dividends?
What is the Return on Equity (ROE) of Triveni Engineering and Industries Ltd?
Company Information
Triveni Engineering and Industries Ltd is an Integrated and diversified conglomerate in areas of sugar, ethanol and engineering. it is located strategically in sugarcane-rich western and central belt of UP. The company is among the Top 3 manufacturers in India for sugar & second highest supplier for ethanol.
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