Triveni Engineering & Industries Limited — Investor Meet, 02-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Triveni Engineering & Industries posted record Q4 revenues of ₹1,925 Cr and PAT of ₹187 Cr, with FY25 revenue up 9% to ₹5,689 Cr and PAT at ₹238 Cr. Sugar turnover rose 2.8%, but profits dropped 12.8% due to lower recoveries and higher costs. Ethanol output was 20 crore litres; margins pressured by maize prices easing recently. Power Transmission grew revenue 27% with ₹475 Cr new orders and is expanding capacity to ₹700 Cr/year by Sept 2026. Water business revenue slipped on project delays but retained strong margins and a ₹1,600 Cr order book. Management expects a better sugar season, steady sugar prices, and rising ethanol blending above 20%. Focus remains on margin improvement, supply chain efficiencies, exports growth, and timely Power Transmission demerger in FY26. Debt rose to ₹1,689 Cr; final 250% dividend proposed. Confident outlook on growth and operations.