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Triveni Engineering & Industries Ltd (TRIVENI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532356 NSE: TRIVENI Sugar | Small Cap | Triveni Engg. & Inds Share Price

₹372.10 10.00 (2.76%)

As on 04-Jun'26 16:59

Triveni Engineering & Industries Ltd (TRIVENI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532356 NSE: TRIVENI Sugar | Small Cap | Triveni Engg. & Inds Share Price

₹372.10 10.00 (2.76%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹8,200 Cr.
Current Price
₹372.1
52-Week Low / High
₹318 / 445
TTM EPS
₹11.7
TTM Sales
₹7,620 Cr.
Book Value per Share
₹150.7
P/E Ratio
31.71
Higher than its 5-year historical median
Industry PE
24.5
Price to Book (P/B)
2.47
Lower than its 5-year historical median
Price to Sales (P/S)
1.08
Lower than its 5-year historical median
EV/EBITDA
16.99
Higher than its 5-year historical median
Dividend Yield
0.65%
Profitability Efficiency
Return on Equity (ROE)
8.29%
Outperforms industry median
Return on Capital Employed (ROCE)
9.00%
In line with industry median
Return on Assets (ROA)
4.65%
Operating Profit Margin
8.7%
Net Profit Margin
4.49%
Gross Profit Margin
6.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
6.11%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-23.85%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-36.55%
Asset Quality
Promoter Holding
60.98%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,299 Cr.
Equity
₹22 Cr.
Face Value
₹1
All Time Low / High
₹0.49 / 536.00

Triveni Engineering & Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Triveni Engineering & Industries Ltd a good quality company?
Triveni Engineering & Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Triveni Engineering & Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Triveni Engineering & Industries Ltd vs industry peers?
Triveni Engineering & Industries Ltd revenue CAGR is 4.59%, compared to the industry median CAGR of 2.83%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Triveni Engineering & Industries Ltd?
Promoters hold 60.98% of the Triveni Engineering & Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Triveni Engineering & Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 22.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Triveni Engineering & Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 4.9%17.3%10.6%13.9%18%18.6%20.1%64.9%14.8%9%-
Value Creation
Index
-0.70.2-0.20.00.30.30.53.80.1-0.3-

Growth Parameters

Sales 1,9152,8253,3703,1524,4244,6644,2745,6145,2185,5377,620
Sales YoY Gr.-47.5%19.3%-6.5%40.4%5.4%-8.4%31.3%-7.1%6.1%-
Adj EPS -0.611.44.3813.11216.137.217.911.311.7
YoY Gr.-NA-62.1%85.4%63.9%-8.5%33.9%131%-52%-36.5%-
BVPS (₹) 21.330.134.141.851.260.573.4121.5132.1141.9150.7
Adj Net
Profit
-15.3294111207326291389814391248259
Cash Flow from Ops. -92.9145627-173543841-160432103154-
Debt/CF from Ops. -18.111.92-9.82.81.1-9.41.912.911-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 12.5%4.6%9%6.1%
Adj EPS NA-2.9%-11%-36.5%
BVPS23.5%22.6%24.6%7.4%
Share Price 22.4% 19.7% 10.3% -15.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-2.644.413.421.127.721.32436.714.18.38
Op. Profit
Mgn %
6.217.989.712.111.914.410.812.18.77.7
Net Profit
Mgn %
-0.810.43.36.67.46.29.114.57.54.53.4
Debt to
Equity
3.12.21.41.61.20.60.80.30.50.50.1
Working Cap
Days
36625722427122119519215517318370
Cash Conv.
Cycle
1801721531761199812010612413328

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,9152,8253,3703,1524,4244,6644,2745,6145,2185,537
Operating Expenses + 1,7992,3203,1032,8473,8924,1143,6595,0114,5885,057
Manufacturing Costs153184206242237251319378410389
Material Costs1,3871,8402,5902,2313,2523,4362,8594,0863,5994,026
Employee Cost 159188202224255270301347373415
Other Costs 99108105150147157180200205227
Operating Profit 116505267304532550615603630479
Operating Profit Margin (%) 6.1%17.9%7.9%9.7%12.0%11.8%14.4%10.7%12.1%8.7%
Other Income + 38473373413445944546
Exceptional Items 10-850203-22-101,58600
Interest 1151278568795149504768
Depreciation 5957555775798193104120
Profit Before Tax -92831592724214325202,139524338
Tax -04950529415913821513289
Profit After Tax -92341102213272733821,924392248
PAT Margin (%) -0.5%8.3%3.3%7.0%7.4%5.9%8.9%34.3%7.5%4.5%
Adjusted EPS (₹)-0.39.14.38.613.211.315.887.917.911.4
Dividend Payout Ratio (%)0%0%5.90%8.20%8.30%15.50%20.60%3.70%32.20%22%

Valuation of Triveni Engg. & Inds - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5497788811,0781,2711,4631,7742,6592,8913,107
Share Capital 26262626252424222222
Reserves 5237528551,0521,2461,4391,7502,6372,8703,085
Debt +1,5461,5171,1111,6091,3878221,3716661,2181,601
Long Term Debt38427535373444261263142171240
Short Term Debt1,1621,2421,0761,2359435621,1085241,0471,361
Minority Interest0000000000
Trade Payables447257628638756624351415356404
Others Liabilities 428500346409522548539606544569
Total Liabilities 2,9693,0522,9673,7343,9363,4574,0354,3465,0105,680

Fixed Assets

Net Fixed Assets +8628478358301,0751,0601,0651,4571,5041,868
Gross Block9219621,0051,0571,3741,4321,5091,9902,1352,611
Accumulated Depreciation59116171226299372444533631743
CWIP 921020526222572822631
Investments 4951555473495953103149
Inventories1,4121,6751,5792,1191,9121,7342,0371,9962,4202,565
Trade Receivables254277311237295219261385337512
Cash Equivalents 47614311122717333
Others Assets 379193170275523363335355349523
Total Assets 2,9693,0522,9673,7343,9363,4574,0354,3465,0105,680

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -93145627-173543841-160432103154
PBT -92831592724214325202,139524338
Adjustment 14825712896154149135-1,495132168
Changes in Working Capital -230-397403-49738321-664-2-438-271
Tax Paid -22-63-44-71-60-151-210-115-82
Cash Flow From Investing Activity + -29-39-47-211-140-108-2651,399-375-455
Capex -41-41-52-238-116-87-291-235-356-283
Net Investments 0-20224-2-11,595-37-51
Others 13455-28-20273917-121
Cash Flow From Financing Activity + 119-102-583394-386-754433-1,780274262
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 25-55-323325124-23314-95-2351
Interest Paid -114-126-87-67-77-51-48-49-49-68
Dividend Paid 00-6-18-270-73-48-170-27
Others 20880-167155-405-469540-1,588516307
Net Cash Flow -24-31017-218512-39

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-1.5235.2613.2522.5427.9120.0123.6286.8314.118.29
ROCE (%)4.9217.3310.613.9318.0118.6320.1364.8614.849
Asset Turnover Ratio0.680.991.130.941.151.271.251.511.321.25
PAT to CFO Conversion(x)N/A0.625.7-0.781.663.08-0.420.220.260.62
Working Capital Days
Receivable Days44.4032.7031.5031.80222018.7018.6021.4023.20
Inventory Days241.40189.90174.10214.10166.30141.80146.90116.60130.90136.50
Payable Days14669.8062.40103.5078.2073.3062.2034.2039.1034.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Triveni Engineering & Industries Ltd FAQs

The current trading price of Triveni Engg. & Inds on 04-Jun-2026 16:59 is ₹372.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Triveni Engg. & Inds stood at ₹8,199.7 Cr

The latest P/E ratio of Triveni Engg. & Inds as of 03-Jun-2026 is 31.71.

The latest P/B ratio of Triveni Engg. & Inds as of 03-Jun-2026 is 2.47.

The 52-week high of Triveni Engg. & Inds is ₹445.0 and the 52-week low is ₹317.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Triveni Engg. & Inds is ₹7,620 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Triveni Engineering & Industries Ltd is a average quality company.

The key valuation ratios of Triveni Engineering & Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Triveni Engineering & Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Triveni Engineering & Industries Ltd

Triveni Engineering & Industries, incorporated in 1937, is engaged in the business of manufacturing sugar, steam turbines and projects and engineering activities.

The company has a strong global presence through strategic tie-ups and joint ventures with dealers and representatives in Finland, Ireland, Venezuela, Holland, Germany, US, Nepal, Bangladesh, Vietnam, Malaysia, Singapore, Indonesia, Sri Lanka, Uganda, Tanzania, West Indies, Kenya and Pakistan.

The company’s registered office is located at Plot No 17-24, Reliance Cybervilae, Vithalrao Nagar, Madhapur, Hyderabad 500081.

Businesses

Sugar - Under this segment, the company is involved in the manufacture sugar, cogeneration of electricity and fermented and distilled and variants of alcohol. Triveni’s current cane crushing capacity is 61,000 TCD.

The company markets its sugar under brand name Shagun. It also sells poha, maida, daliya, atta and besan under the said brand name.

Engineering - The company manufactures turbine, gears and gears boxes and wide range of equipment for water and wastewater treatment requirement.

Retail - Triveni Retail Ventures is one of India's emerging retailers, which operates retail formats in both rural and semi urban Indian. The stores are mainly concentrated in UP and Uttarakhand and is headquartered in Noida (Uttar Pradesh). The company operates over 1.25 lakh square feet of retail space, has over 42 stores across 25 towns in India and employs over 300 dedicated staff.

Milestones

  • 1988 - Triveni Engineering & Industries completed the largest wastewater treatment plant in India of 182 MLD capacity constructed on turnkey basis for Vizag Steel plant
  • 1989 - The company was awarded 'Certificate of Merit' for best performance during season 1987-88 by National Productivity Council of India.
  • 1994 - The company’s gear manufacturing unit becomes the first to be ISO-9001 certified in India.
  • 1999 - Triveni Engineering & Industries completed the largest oil water separation system for Reliance Petroleum, Jamnagar.
  • 2000 - The company’s exported 2.42 lakh quintals of sugar to Pakistan. The same year, Triveni pioneered in joint manufacturing concept for gearboxes - supplied 25 MW.
  • 2002 - The company undertook BPR initiatives and completed system on SAP, BPR by Accenture.
  • 2003 - Triveni Engineering & Industries touched 5000 mark of dispatching of gearbox/gearset.
  • 2004 - In December 2004, the company commissioned its first co-generation plant at Deoband with power generation capacity of 22 MW.
  • 2005 - The company crushed 186.61 lakh quintals of cane during season 2004-05, which was the highest crush in India with highest production of 19.59 lakh quintals of sugar. In September 2005, it commissioned its co-generation plant at Khatauli with power generation capacity of 23 MW. The company secured its first ever Indian order for CEDI based boiler feed water treatment plant for Khatauli Cogen plant.
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