Triveni Turbine Limited (NSE:TRITURBINE) Just Reported Earnings, And Analysts Cut Their Target Price

The analysts might have been a bit too bullish on Triveni Turbine Limited (NSE:TRITURBINE), given that the company fell short of expectations when it released its quarterly results last week. Triveni Turbine missed analyst forecasts, with revenues of ₹5.1b and statutory earnings per share (EPS) of ₹2.87, falling short by 5.0% and 4.3% respectively. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the most recent consensus for Triveni Turbine from ten analysts is for revenues of ₹21.4b in 2026. If met, it would imply a meaningful 11% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to climb 12% to ₹12.02. In the lead-up to this report, the analysts had been modelling revenues of ₹21.8b and earnings per share (EPS) of ₹13.22 in 2026. The analysts are less bullish than they were before these results, given the reduced revenue forecasts and the minor downgrade to earnings per share expectations.

Check out our latest analysis for Triveni Turbine

It'll come as no surprise then, to learn that the analysts have cut their price target 8.8% to ₹662. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Triveni Turbine analyst has a price target of ₹840 per share, while the most pessimistic values it at ₹590. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

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. We can infer from the latest estimates that forecasts expect a continuation of Triveni Turbine'shistorical trends, as the 24% annualised revenue growth to the end of 2026 is roughly in line with the 24% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 20% per year. So although Triveni Turbine is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Triveni Turbine. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Triveni Turbine's future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Triveni Turbine going out to 2028, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Triveni Turbine (1 is significant) you should be aware of.

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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.