Revenue Miss: Triveni Turbine Limited Fell 5.8% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Triveni Turbine Limited (NSE:TRITURBINE) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to ₹574 in the week after its latest quarterly results. Triveni Turbine missed revenue estimates by 5.8%, coming in at₹5.0b, although statutory earnings per share (EPS) of ₹2.92 beat expectations, coming in 2.7% ahead of analyst estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Triveni Turbine

Following the latest results, Triveni Turbine's nine analysts are now forecasting revenues of ₹26.2b in 2026. This would be a huge 35% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 34% to ₹14.30. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹26.4b and earnings per share (EPS) of ₹14.49 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹786. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Triveni Turbine at ₹900 per share, while the most bearish prices it at ₹610. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that Triveni Turbine's rate of growth is expected to accelerate meaningfully, with the forecast 27% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 22% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 21% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Triveni Turbine is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Triveni Turbine going out to 2027, and you can see them free on our platform here..

Even so, be aware that Triveni Turbine is showing 2 warning signs in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.