Declared Dividend • Jun 01
Final dividend of ₹1.25 announced Shareholders will receive a dividend of ₹1.25. Ex-date: 31st August 2026 Payment date: 7th October 2026 Dividend yield will be 0.8%, which is lower than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not covered by cash flows (dividend approximately 13x free cash flows). The dividend has increased by an average of 32% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 31
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.8% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 13x cash flows per share). Announcement • May 30
Triveni Engineering & Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2026 Triveni Engineering & Industries Limited at its Board Meeting held on May 29, 2026, recommended a dividend of 125% i.e. INR 1.25 per fully paid-up equity share of the face value of INR 1 each for the financial year ended March 31, 2026, subject To Approve the shareholders at the ensuing Annual General Meeting (' AGM'), and fixed August 31, 2026 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said dividend. Announcement • May 29
Triveni Engineering & Industries Limited, Annual General Meeting, Sep 07, 2026 Triveni Engineering & Industries Limited, Annual General Meeting, Sep 07, 2026. Announcement • May 08
Triveni Engineering & Industries Limited to Report Q4, 2026 Results on May 15, 2026 Triveni Engineering & Industries Limited announced that they will report Q4, 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹407, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 27x in the Food industry in India. Total returns to shareholders of 56% over the past three years. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹3.84 (vs ₹1.94 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.84 (up from ₹1.94 in 3Q 2025). Revenue: ₹14.8b (up 17% from 3Q 2025). Net income: ₹841.2m (up 75% from 3Q 2025). Profit margin: 5.7% (up from 3.8% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Food industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • Jan 30
Triveni Engineering & Industries Limited Approves Interim Dividend for the Financial Year Ended March 31, 2026 Triveni Engineering & Industries Limited at its board meeting held on January 30, 2026 declared an Interim Dividend of 150% i.e. INR 1.50 per fully paid-up equity share of the face value of INR 1 each for the financial year 2025-26 ending March 31, 2026, and fixed February 6, 2026 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said Interim Dividend. The Interim Dividend shall be paid (subject to deduction of tax at source) within thirty days of declaration to those equity shareholders of the company whose names appear in the Register of Members of the Company or in the records of the Depositories as Beneficial Owners as on Record Date. Major Estimate Revision • Dec 23
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from ₹12.17 to ₹13.53. Revenue forecast steady at ₹65.0b. Net income forecast to grow 43% next year vs 24% growth forecast for Food industry in India. Consensus price target up from ₹478 to ₹489. Share price rose 6.8% to ₹399 over the past week. Major Estimate Revision • Nov 13
Consensus EPS estimates fall by 33% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from ₹15.50 to ₹10.40 per share. Revenue forecast steady at ₹64.5b. Net income forecast to grow 28% next year vs 27% growth forecast for Food industry in India. Consensus price target down from ₹488 to ₹478. Share price was steady at ₹364 over the past week. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: ₹1.18 (vs ₹1.02 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹1.18 (up from ₹1.02 loss in 2Q 2025). Revenue: ₹20.4b (up 37% from 2Q 2025). Net income: ₹259.0m (up ₹451.0m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Food industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • Oct 28
Triveni Engineering & Industries Limited to Report Q2, 2026 Results on Nov 06, 2025 Triveni Engineering & Industries Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Announcement • Sep 09
Triveni Engineering & Industries Limited Approves Dividend for the Financial Year Ended March 31, 2025 Triveni Engineering & Industries Limited at its AGM held on September 8, 2025 approved to declare dividend of INR 2.50 per equity share for the financial year ended March 31. 2025. Upcoming Dividend • Aug 25
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 01 September 2025. Payment date: 08 October 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.0%). Buy Or Sell Opportunity • Aug 04
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to ₹345. The fair value is estimated to be ₹284, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 8.7% in a year. Earnings are forecast to grow by 56% in the next year. Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: ₹0.20 (vs ₹1.42 in 1Q 2025) First quarter 2026 results: EPS: ₹0.20 (down from ₹1.42 in 1Q 2025). Revenue: ₹19.8b (up 52% from 1Q 2025). Net income: ₹44.1m (down 86% from 1Q 2025). Profit margin: 0.2% (down from 2.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Jul 21
Triveni Engineering & Industries Limited to Report Q1, 2026 Results on Jul 29, 2025 Triveni Engineering & Industries Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Declared Dividend • May 29
Dividend of ₹2.50 announced Shareholders will receive a dividend of ₹2.50. Ex-date: 1st September 2025 Payment date: 8th October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 33% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: ₹10.88 (down from ₹18.05 in FY 2024). Revenue: ₹68.7b (up 32% from FY 2024). Net income: ₹2.43b (down 39% from FY 2024). Profit margin: 3.5% (down from 7.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to stay flat during the next 2 years compared to a 9.7% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 22
Triveni Engineering & Industries Limited to Report Q4, 2025 Results on May 27, 2025 Triveni Engineering & Industries Limited announced that they will report Q4, 2025 results on May 27, 2025 Major Estimate Revision • Feb 11
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹56.7b to ₹55.3b. EPS estimate also fell from ₹16.50 per share to ₹12.20 per share. Net income forecast to grow 89% next year vs 25% growth forecast for Food industry in India. Consensus price target down from ₹511 to ₹491. Share price was steady at ₹379 over the past week. New Risk • Feb 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: ₹1.94 (vs ₹6.28 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.94 (down from ₹6.28 in 3Q 2024). Revenue: ₹16.2b (up 24% from 3Q 2024). Net income: ₹481.2m (down 65% from 3Q 2024). Profit margin: 3.0% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jan 23
Triveni Engineering & Industries Limited to Report Q3, 2025 Results on Feb 04, 2025 Triveni Engineering & Industries Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Price Target Changed • Dec 12
Price target increased by 8.8% to ₹511 Up from ₹470, the current price target is an average from 5 analysts. New target price is 11% above last closing price of ₹461. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₹17.30 for next year compared to ₹18.05 last year. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹475, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 31x in the Food industry in India. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹297 per share. Major Estimate Revision • Nov 12
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹58.7b to ₹56.3b. EPS estimate also fell from ₹20.93 per share to ₹16.90 per share. Net income forecast to grow 43% next year vs 27% growth forecast for Food industry in India. Consensus price target up from ₹453 to ₹468. Share price fell 6.2% to ₹391 over the past week. Reported Earnings • Nov 06
Second quarter 2025 earnings released: ₹1.02 loss per share (vs ₹1.33 profit in 2Q 2024) Second quarter 2025 results: ₹1.02 loss per share (down from ₹1.33 profit in 2Q 2024). Revenue: ₹17.6b (up 25% from 2Q 2024). Net loss: ₹192.0m (down 166% from profit in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Oct 25
Triveni Engineering & Industries Limited to Report Q2, 2025 Results on Nov 05, 2024 Triveni Engineering & Industries Limited announced that they will report Q2, 2025 results on Nov 05, 2024 Announcement • Oct 23
Triveni Engineering & Industries Ltd. Launches Premium and Super Premium Whisky Brands: the Crafters Stamp Rare Artisan Blended Whisky and Matsya Triveni Engineering & Industries Ltd. launched Premium and Super Premium Whisky Brands: The Crafters Stamp Rare Artisan Blended Whisky and Matsya. Over the years, the Indian alcohol market has seen premiumization and a notable trend towards high-quality artisanal whisky. Triveni is introducing and targeting these evolving tastes by introducing high-quality products at attractive price points, promising an unparalleled experience. These new offerings underscore Triveni's commitment to growth and excellence, being always on the lookout for strategic opportunities which have a fit with existing product portfolio and strengths. The Power Transmission business has 3 different business segments - Gears, Defence, Built to Print. It delivers robust and reliable Gears solutions which cover a range of applications and industries to meet the ever-changing operating conditions and customers' requirements. The Company has become a dominant supplier to all major OEMs in the country, offering solutions to all industrial segments including Oil and Gas as per AGMA, API-613 and API-677 standards. It is amongst the market leaders in high-speed Gears and Gearboxes with up to 70 MW capacity and speed of 70,000 rpm. The major product portfolio includes steam turbines, gas turbines and compressor gearboxes under the High-Power High-Speed segment. In the Low-Speed segment, the Company focuses on the gearboxes used in applications such as reciprocating pumps and compressors, hydel turbines, mill and extruder drives for metal, sugar, rubber and plastic industries, marine applications, etc. Its robust and reliable products are backed by 360-degree service solutions which minimize the downtime for its customers. The Company provides health monitoring services for all types of critical gearboxes, high-speed and low speed, as well as maintains an inventory of dimension ready sites for immediate solution. The Company provides complete and sustainable water technology solutions across the water usage segments. Advanced Solutions offered for total water management include turnkey /EPC, customer care, operations and maintenance, life cycle models such as Design, Build Own & Operate (DBOO), Design, Build Own Operate and Transfer (DBOOT), BOOT, equipment supply for unit processes like screening, grit separation, clarification and sludge handling. The Customer Care Division offers value added services for operation management and performance optimisation. It delivers robust and reliable Gearboxes solutions which cover a range of application and industries to meet the ever -changing operating conditions and customers's requirements. The Company has become an dominant supplier to all major OEM's in the country, offering solutions for all major OEMs in the countries, offering solutions to all industrial segment including Oil and Gas as perAGMA, API-613 and APIs-677 standards. In the Low-Speed segments, the Company provides health monitoring services for All types of critical gearboxes, High-speed and low speed, As well as maintains an inventory of dimensions ready sites for immediate solution. Announcement • Sep 16
Triveni Engineering & Industries Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Triveni Engineering & Industries Limited announced that at the AGM held on September 13, 2024, approved final dividend of INR 1.25 per equity share for the financial year ended March 31, 2024. Announcement • Sep 13
Triveni Engineering & Industries Limited Announces Cessation of Sudipto Sarkar as Independent Director Triveni Engineering & Industries Limited announced that Mr. Sudipto Sarkar has completed his second term of five consecutive years as an Independent Director of the Company 13th September 2024. Consequently, he ceased to be an Independent Director of the Company and Chairman/Member of various Board's Committees with effect from the close of business hours on 13th September 2024. Upcoming Dividend • Aug 30
Upcoming dividend of ₹1.25 per share Eligible shareholders must have bought the stock before 06 September 2024. Payment date: 13 October 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹465, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Food industry in India. Total returns to shareholders of 195% over the past three years. Price Target Changed • Aug 15
Price target increased by 8.1% to ₹448 Up from ₹415, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ₹407. Stock is up 39% over the past year. The company is forecast to post earnings per share of ₹20.93 for next year compared to ₹18.05 last year. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: ₹1.42 (vs ₹3.09 in 1Q 2024) First quarter 2025 results: EPS: ₹1.42 (down from ₹3.09 in 1Q 2024). Revenue: ₹15.4b (up 29% from 1Q 2024). Net income: ₹312.7m (down 54% from 1Q 2024). Profit margin: 2.0% (down from 5.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
Triveni Engineering & Industries Limited to Report Q1, 2025 Results on Aug 01, 2024 Triveni Engineering & Industries Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹368, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 31x in the Food industry in India. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹205 per share. Major Estimate Revision • May 27
Consensus revenue estimates decrease by 17% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₹65.3b to ₹54.3b. EPS estimate unchanged from ₹23.73 per share at last update. Food industry in India expected to see average net income growth of 23% next year. Consensus price target of ₹398 unchanged from last update. Share price fell 5.8% to ₹345 over the past week. Announcement • May 23
Triveni Engineering & Industries Limited, Annual General Meeting, Sep 13, 2024 Triveni Engineering & Industries Limited, Annual General Meeting, Sep 13, 2024. Declared Dividend • May 22
Final dividend of ₹1.25 announced Shareholders will receive a dividend of ₹1.25. Ex-date: 6th September 2024 Payment date: 13th October 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 51% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹18.05 (down from ₹74.58 in FY 2023). Revenue: ₹62.1b (up 11% from FY 2023). Net income: ₹3.95b (down 78% from FY 2023). Profit margin: 6.4% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Triveni Engineering & Industries Limited to Report Q4, 2024 Results on May 20, 2024 Triveni Engineering & Industries Limited announced that they will report Q4, 2024 results on May 20, 2024 Announcement • Mar 13
Triveni Engineering & Industries Limited (NSEI:TRIVENI) completed the acquisition of a 25.43% stake in Sir Shadi Lal Enterprises Limited (BSE:532879) from Vivek Viswanathan, Radhika Viswanathan Hoon Triveni Engineering & Industries Limited (NSEI:TRIVENI) executed a Share Purchase Agreement to acquire 25.43% stake in Sir Shadi Lal Enterprises Limited (BSE:532879) from Vivek Viswanathan, Radhika Viswanathan Hoon for approximately INR 350 million on January 30, 2024. Triveni Engineering & Industries Limited (NSEI:TRIVENI) completed the acquisition of a 25.43% stake in Sir Shadi Lal Enterprises Limited (BSE:532879) from Vivek Viswanathan, Radhika Viswanathan Hoon on March 11, 2024. Announcement • Feb 01
Triveni Engineering & Industries Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before February 26, 2024 Triveni Engineering & Industries Limited at its board meeting held on January 30, 2024, approved to declared an Interim Dividend of INR 2.25 per fully paid-up equity share of the face value of INR 1 each for the financial year 2023-24 and fixed February 9, 2024 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said Interim and Special Dividends. Dividend is payable on or Before February 26, 2024. Announcement • Jan 31
Triveni Engineering & Industries Limited (NSEI:TRIVENI) executed a Share Purchase Agreement to acquire 25.43% stake in Sir Shadi Lal Enterprises Limited (BSE:532879) from Vivek Viswanathan, Radhika Viswanathan Hoon for approximately INR 350 million. Triveni Engineering & Industries Limited (NSEI:TRIVENI) executed a Share Purchase Agreement to acquire 25.43% stake in Sir Shadi Lal Enterprises Limited (BSE:532879) from Vivek Viswanathan, Radhika Viswanathan Hoon for approximately INR 350 million on January 30, 2024. Reported Earnings • Jan 31
Third quarter 2024 earnings released: EPS: ₹6.28 (vs ₹6.09 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.28. Revenue: ₹15.8b (up 7.7% from 3Q 2023). Net income: ₹1.37b (down 6.7% from 3Q 2023). Profit margin: 8.7% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Food industry in India. Announcement • Jan 31
Triveni Engineering & Industries Limited Declares Special Dividend Payable on or Before February 26, 2024 Triveni Engineering & Industries Limited announced that at its board meeting held on January 30, 2024 approved to declare Special Dividend of INR 2.25 per fully paid-up equity share of the face value of INR 1 each, and fixed February 9, 2024 as the Record Date for purpose of ascertaining the entitlement of Members/Beneficial Owners to the said Interim and Special Dividends. The Interim and Special Dividends shall be paid (subject to deduction of taxat source) on or before February 26, 2024 to those equity shareholders of the Company whose names appear in the Register of Members of the Company or in the records of the depositories as beneficial owners as on the record date. Announcement • Jan 20
Triveni Engineering & Industries Limited to Report Q3, 2024 Results on Jan 30, 2024 Triveni Engineering & Industries Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Buying Opportunity • Dec 06
Now 21% undervalued Over the last 90 days, the stock is up 5.1%. The fair value is estimated to be ₹460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 50% in the next 2 years. Buying Opportunity • Nov 08
Now 20% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be ₹460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 50% in the next 2 years. Price Target Changed • Nov 07
Price target increased by 7.3% to ₹396 Up from ₹369, the current price target is an average from 7 analysts. New target price is 7.4% above last closing price of ₹369. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₹21.50 for next year compared to ₹74.58 last year. Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: ₹1.33 (vs ₹57.40 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.33 (down from ₹57.40 in 2Q 2023). Revenue: ₹16.3b (up 21% from 2Q 2023). Net income: ₹291.1m (down 98% from 2Q 2023). Profit margin: 1.8% (down from 103% in 2Q 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 21
Triveni Engineering & Industries Limited to Report Q2, 2024 Results on Oct 30, 2023 Triveni Engineering & Industries Limited announced that they will report Q2, 2024 results at 4:00 PM, Indian Standard Time on Oct 30, 2023 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹388, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Food industry in India. Total returns to shareholders of 445% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹769 per share. Announcement • Sep 13
Triveni Engineering & Industries Limited Approves Dividend for the Financial Year Ended March 31, 2023 Triveni Engineering & Industries Limited announced that at the AGM held on September 8, 2023, approved declaration of dividend of INR 3.25 per equity share of INR 1 each for the financial year ended March 31, 2023. Upcoming Dividend • Aug 25
Upcoming dividend of ₹3.25 per share at 1.1% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 08 October 2023. Payout ratio is a comfortable 4.4% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.9%). Announcement • Aug 13
Triveni Engineering & Industries Limited, Annual General Meeting, Sep 08, 2023 Triveni Engineering & Industries Limited, Annual General Meeting, Sep 08, 2023, at 11:00 Indian Standard Time. Reported Earnings • Jul 26
First quarter 2024 earnings released: EPS: ₹3.09 (vs ₹2.75 in 1Q 2023) First quarter 2024 results: EPS: ₹3.09 (up from ₹2.75 in 1Q 2023). Revenue: ₹14.4b (up 18% from 1Q 2023). Net income: ₹676.1m (up 1.7% from 1Q 2023). Profit margin: 4.7% (down from 5.4% in 1Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Food industry in India. Over the last 3 years on average, earnings per share has increased by 74% per year whereas the company’s share price has increased by 76% per year.