Triveni Engineering and Industries Ltd Q3 FY25 Results & Concall Highlights: Revenue ₹377 Cr
Published 7 Aug 2026 | Agricultural Food & other Products | Market Cap: ₹5.2K Cr
Sugar business expects a 15% year-on-year increase in consolidated crush volume, with partial recovery on standalone volume loss. Sugar price rise by almost 10% over 3 months signals a step change in market fundamentals, expected to continue and improve company profitability.
From Triveni Engineering and Industries Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹295
Market Cap
₹5.2K Cr
P/E Ratio
19.8
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Triveni Engineering and Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.5K Cr, net profit ₹78 Cr.
Full financials →📊 Revenue & Sales Performance
- →Sugar business expects a 15% year-on-year increase in consolidated crush volume, with partial recovery on standalone volume loss.
- →Ethanol production to increase to about 25 crore liters in FY26, with 22.5-23 crore liters being ethanol.
- →The Power Transmission business anticipates continued growth driven by infrastructure investments in steel, cement, oil & gas sectors and export market expansion.
- →Order book for Power Transmission reached an all-time high of ₹377 crore by December 2024, indicating strong future revenue.
- →Water business order bookings at ₹1,979 crore as of December 2024, with improvements expected from new projects and operational efficiencies.
- →Sugar prices have moved to a new higher trajectory, expected to remain range-bound or improve with increased consumption.
- →Ethanol blending target nearing 20% in supply year 2024-25 boosts volume outlook.
- →Multi-modal defense facility coming online in 2025 expected to contribute to revenue growth.
📈 Profitability & Margins
- →Sugar price rise by almost 10% over 3 months signals a step change in market fundamentals, expected to continue and improve company profitability.
- →Ethanol business to grow with new feedstock availability, including FCI rice; ethanol production expected near 25 crore litres in FY26 with 22.5-23 crore litres as ethanol.
- →Power Transmission business showing strong order book growth (32.9% in 9M FY25), expects capacity expansion from ₹400 crore to ₹700 crore by September 2026, fueling future revenue growth.
- →Defence facility to become operational in 2025, enhancing product offerings and revenue streams.
- →Water business to see new opportunities in recycle/reuse and zero liquid discharge segments domestically and internationally.
- →Company expects healthier returns and growth driven by market fundamentals, government policies, and expanded capacities.
- →Overall cautious optimism with positive medium to long-term outlook on earnings and profitability growth.
🏗️ Capital Expenditure Plans
- →Incremental capex of ₹60 crore approved by the Board for enhancement of capacity in the Power Transmission business (gears capacity).
- →Current gears capacity approximately ₹400 crore; capex will increase this to ₹700 crore by September 2026.
- →Ongoing project for expansion of gears capacity worth ₹500 crore underway, expected completion in the next few months.
- →Defence business incubation involves establishing a multi-modal facility in the same city, co-located with existing Power Transmission business.
- →Defence facility projected to be operational during calendar year 2025, with some delays noted.
- →Focus on capacity and technology investments to support growth in key sectors including steel, cement, oil & gas, and export markets.
- →Strategy includes enhancing aftermarket business and gaining further pre-qualifications for international tenders in water and defence sectors.
💰 Fundraising & Capital Structure
- →The transcript does not explicitly mention any current or planned fundraising through debt or equity.
- →An incremental capital expenditure (capex) of ₹60 crore has been approved for enhancement of capacity in the Power Transmission business, part of a larger ₹500 crore project underway to increase gears capacity to ₹700 crore by September 2026.
- →The company is incubating a Defence business requiring balance sheet considerations to meet pre-qualification criteria, which influenced the decision to separate the Power Transmission business.
- →No explicit mention of raising funds through equity or debt was discussed in the call.
- →Overall, the focus appears on internal funding and strategic investments rather than external fundraising at this point.
📋 Order Book & Pipeline
- →As of December 31, 2024, the combined order book for Triveni Engineering & Industries' Power Transmission and Water businesses stood at ₹2,356 crore, marking a 52.4% year-on-year increase and an all-time high for the Company.
- →The outstanding order book for the Power Transmission business specifically reached ₹377 crore at the end of December 2024, including long-duration orders worth ₹136.6 crore.
- →The Water business order booking as of December 31, 2024, was ₹1,979 crore, comprising ₹1,122.6 crore from O&M contracts that execute over a longer duration.
- →The Power Transmission business saw a 23% growth in order booking during Q3 FY25, driven by domestic and export market activities.
- →The order book growth reflects strong demand and expanding opportunities in Engineering businesses.
Key Metrics
Frequently Asked Questions
What were Triveni Engineering and Industries Ltd Q3 FY25 results?
Sugar business expects a 15% year-on-year increase in consolidated crush volume, with partial recovery on standalone volume loss. Sugar price rise by almost 10% over 3 months signals a step change in market fundamentals, expected to continue and improve company profitability.
What is Triveni Engineering and Industries Ltd share price analysis?
Triveni Engineering and Industries Ltd currently shows a neutral. The stock trades at a P/E of 19.8 with a market cap of ₹5,185 Cr. Investors should review the full earnings analysis for detailed insights.
Is Triveni Engineering and Industries Ltd planning capital expenditure?
Incremental capex of ₹60 crore approved by the Board for enhancement of capacity in the Power Transmission business (gears capacity).
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.