Triveni Turbine Limited — Investor Meet, 16-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Triveni Turbine reported record FY25 with revenue at ₹2,006 Cr (+21% YoY), EBITDA ₹518 Cr (+36%), and PAT ₹359 Cr (+33%). Strong order inflows of ₹2,363 Cr (+26%) and a closing order book of ₹1,909 Cr (+23%) were driven by exports (57% of orders, +23%). Domestic demand softened but enquiries remain healthy in industrial power, renewables, and API turbines. A ₹290 Cr CO2-based long-duration energy storage order marks entry into new markets. FY26 capex is ₹165 Cr for R&D and capacity expansion. Management is confident about growth despite macro uncertainties, with aftermarket and US/global expansions supporting margins. ROE at 33% and ROCE at 45% underline strong capital efficiency.