Any current/future new fundraising through debt or equity?

The transcript does not mention any current or planned fundraising activities through debt or equity. There is no specific discussion about raising capital via issuance of shares or taking on new loans. The company plans to invest ₹120-₹150 crore over the next couple of years in capacity expansion and R&D infrastructure, which appears to be funded internally. There is mention of ongoing operational investments, particularly for the U.S. market and CO2 turbine projects, but no reference to external financing. Overall, the company seems focused on sustaining growth through existing resources rat

Any current/future capex/capital investment/strategic investment?

Triveni Turbines plans to increase capex significantly from previous levels of ₹30-40 crore annually to around ₹120-150 crore over the next couple of years. The investments will focus on expanding manufacturing capacity, including setting up an additional bay at the Bangalore facility. Capital investment will be directed towards enhancing R&D infrastructure, including modern test beds and physical infrastructure for new product testing. There is a strong emphasis on indigenising capabilities, particularly for advanced technologies like CO2-based energy storage systems. The Company is also inve

Future growth expectations in sales/revenue/volumes?

The company expects robust business performance and sustained growth over the medium term, supported by a strong enquiry and order book providing good visibility for the coming years. Domestic market demand has recently been subdued but enquiry pipeline shows strong growth (75% YoY for nine months), indicating a likely rebound in domestic order booking. Export order booking grew 9% YoY in Q3, driven by renewable energy segments such as waste-to-energy and biomass. Expansion into newer product segments like CO2-based energy storage and larger turbines is expected to add to growth. Aftermarket a

Future growth expectations in earnings/operating earnings/profits/EPS?

The company is confident of sustaining robust business performance over the medium term, supported by a strong enquiry and order book. Q3 FY25 reported the highest ever quarterly revenue and EBITDA with 17% and 30% YoY growth respectively; PAT grew 36% YoY. Export order booking grew 9% YoY, contributing 66% of overall order intake, indicating strong international demand. Domestic demand remains subdued but enquiry book is up 75% YoY, suggesting a potential rebound. New product introductions and diversification into emerging segments like CO2-based long-duration energy storage are expected to s

Current/ Expected Orderbook/ Pending Orders?

As of December 31, 2024, the total outstanding order book stands at ₹18.2 billion, a 15% increase YoY. Domestic outstanding order book is ₹6.4 billion, down 22% YoY. Export outstanding order book is ₹11.8 billion, up 55% YoY, contributing 65% to the total order book. For the 9-month period, order booking is ₹17.3 billion, up 20% YoY. - Domestic order booking declined 3% to ₹6.6 billion. - Export order booking increased 41% to ₹10.7 billion, constituting 62% of total bookings. Q3 order booking was ₹5.3 billion, largely flat YoY. Export order booking in Q3 grew 9% YoY to ₹3.46 billion, contr

IN US

Sale is live|00:00:00left today

Triveni Turbine LtdQ4 FY26Electrical Equipment

Triveni Turbine Ltd Q4 FY26 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹671P/E: 54.7Market Cap: ₹19.3K CrSector: Electrical Equipment

Management growth scorecard

Revenue

Category 3

Margin

Category 3

Fundraise

N/A

Order

Yes

Capex

Yes

2 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 3

→The company expects robust business performance and sustained growth over the medium term, supported by a strong enquiry and order book providing good visibility for the coming years.
→Domestic market demand has recently been subdued but enquiry pipeline shows strong growth (75% YoY for nine months), indicating a likely rebound in domestic order booking.
→Export order booking grew 9% YoY in Q3, driven by renewable energy segments such as waste-to-energy and biomass.
→Expansion into newer product segments like CO2-based energy storage and larger turbines is expected to add to growth.
→Aftermarket and refurbishment services are seen as significant growth segments, expected to grow faster than product sales.
→Capacity expansion and increased R&D investments (₹120-₹150 crore over two years) will support higher production volumes.
→Geographical and product diversification aims to sustain growth despite market volatility.
→The company aims to maintain steady growth rates rather than rapid spikes to ensure execution excellence and customer satisfaction.

Margin guidance

Category 3

→The company is confident of sustaining robust business performance over the medium term, supported by a strong enquiry and order book.
→Q3 FY25 reported the highest ever quarterly revenue and EBITDA with 17% and 30% YoY growth respectively; PAT grew 36% YoY.
→Export order booking grew 9% YoY, contributing 66% of overall order intake, indicating strong international demand.
→Domestic demand remains subdued but enquiry book is up 75% YoY, suggesting a potential rebound.
→New product introductions and diversification into emerging segments like CO2-based long-duration energy storage are expected to support future growth.
→Capex will increase to ₹120-₹150 crore over the next couple of years for capacity and R&D expansions to sustain growth.
→The company anticipates normalized margins on new segments as value engineering progresses.
→Interim dividend increased by 54%, reflecting confidence in earnings.
→Overall outlook is for continued growth and expanding margins, with a record order book providing good visibility.

3 more insights locked — sign up free to unlock

Fundraise plans

→The transcript does not mention any current or planned fundraising activities through debt or equity.
→There is no specific discussion about raising capital via issuance of shares or taking on new loans.
→The company plans to invest ₹120-₹150 crore over the next couple of years in capacity expansion and R&D infrastructure, which appears to be funded internally.
→There is mention of ongoing operational investments, particularly for the U.S. market and CO2 turbine projects, but no reference to external financing.
→Overall, the company seems focused on sustaining growth through existing resources rather than immediate fundraising.

Order book

Yes

→As of December 31, 2024, the total outstanding order book stands at ₹18.2 billion, a 15% increase YoY.
→Domestic outstanding order book is ₹6.4 billion, down 22% YoY.
→Export outstanding order book is ₹11.8 billion, up 55% YoY, contributing 65% to the total order book.
→For the 9-month period, order booking is ₹17.3 billion, up 20% YoY.
→ - Domestic order booking declined 3% to ₹6.6 billion.
→ - Export order booking increased 41% to ₹10.7 billion, constituting 62% of total bookings.
→Q3 order booking was ₹5.3 billion, largely flat YoY.
→Export order booking in Q3 grew 9% YoY to ₹3.46 billion, contributing 66% of overall Q3 orders.
→Despite subdued domestic orders in Q3, the enquiry book for domestic orders is up 75% YoY, indicating a potential rebound.

Capex plans

Yes

→Triveni Turbines plans to increase capex significantly from previous levels of ₹30-40 crore annually to around ₹120-150 crore over the next couple of years.
→The investments will focus on expanding manufacturing capacity, including setting up an additional bay at the Bangalore facility.
→Capital investment will be directed towards enhancing R&D infrastructure, including modern test beds and physical infrastructure for new product testing.
→There is a strong emphasis on indigenising capabilities, particularly for advanced technologies like CO2-based energy storage systems.
→The Company is also investing in manpower and software to support increased R&D efforts.
→Strategic investments include expanding presence in new markets like the U.S. and South Africa, requiring infrastructure and workforce augmentation.
→The CO2 turbine and long-duration energy storage project at NTPC mark a strategic thrust into new technology domains necessitating further capital deployment.
→Overall, these investments aim to support technological innovation and sustainable medium-to-long-term growth.

How does Triveni Turbine Ltd rank vs peers in Electrical Equipment?

Pro feature

1Triveni Turbine Ltd

Rev 3Mar 3

See full Electrical Equipment sector rankings

Want more stocks like Triveni Turbine Ltd?

Build an AI portfolio filtered by sector, market cap, and growth rank. Takes 2 minutes.

Build my portfolio