MarketFriction

Triveni Engineering and Industries Ltd

NSE TRIVENI · BSE 532356 · Sugar
₹230.92 -2.03%
NSE close2026-10-01
52 week range220.05 - 490.10
Market cap₹5,270 Cr.
P/E20.1
Price band 20% Delivery 51.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,408.841,311.181,302.131,300.681,490.951,268.321,629.291,547.931,706.151,478.141,408.181,580.52
Expenses1,346.081,118.371,056.531,214.441,486.371,191.211,321.171,511.051,640.051,328.221,172.061,527.47
Operating Profit62.76192.81245.6086.244.5877.11308.1236.8866.10149.92236.1253.05
OPM %4.45%14.71%18.86%6.63%0.31%6.08%18.91%2.38%3.87%10.14%16.77%3.36%
Other Income12.3521.9116.0910.8213.6824.029.2731.8220.621.7142.6614.78
Interest10.196.4718.0126.4116.3810.5530.1137.8921.5012.5327.8331.92
Depreciation25.7626.1626.9428.8932.1433.0232.1130.8236.1336.2531.2531.23
Profit before tax39.16182.09216.7441.76-30.2657.56255.17-0.0129.09102.85219.704.68
Tax %25.66%24.54%25.70%25.79%-25.91%26.04%26.67%-21,100.00%26.50%24.38%23.78%22.01%
Net Profit29.11137.40161.0430.99-22.4242.57187.122.1021.3877.78167.453.65
EPS in Rs1.336.287.361.43-0.882.208.360.101.183.557.650.17
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,9152,8243,3703,1524,4374,6744,2915,6175,2205,6896,2906,173
Expenses1,7892,3023,0942,8423,8934,1123,6554,9994,5935,2105,7425,668
Operating Profit126522276309543562636618627479549505
OPM %7%18%8%10%12%12%15%11%12%8%9%8%
Other Income41-3633835628731,49662546080
Interest115127856879525557568310094
Depreciation5957555775798193104126144135
Profit before tax-73021692684464605741,964529324364356
Tax %-1%16%29%19%25%36%26%9%25%27%26%
Net Profit-72531192163352954241,792395238269270
EPS in Rs-0.289.814.628.3913.5212.1817.5481.8618.0511.1112.2812.55
Dividend Payout %0%0%5%8%8%14%19%4%32%22%22%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%6%4%4%
Compounded Profit Growth43%-1%-19%28%
Stock Price CAGR21%16%1%19%
Return on Equity17%14%10%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital262626262625242422222222
Reserves6335618109211,1151,3141,5321,8892,6432,8793,0893,321
Borrowings1,4721,6781,7211,2401,6841,5309901,5759291,4241,9802,161
Other Liabilities8347405548509851,1811,0788158657991,1241,025
Total Liabilities2,9653,0063,1113,0363,8104,0503,6244,3034,4595,1246,2156,528
Fixed Assets8758628588478421,0871,0731,0771,4701,5172,3342,398
CWIP1892102052622257282263214
Investments8199109116113142146193655107
Other Assets1,9902,0362,1422,0632,6502,7962,3832,7752,9553,3263,8404,109
Total Assets2,9653,0063,1113,0363,8104,0503,6244,3034,4595,1246,2156,528
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-141-93145621-169510791-173397100-106188
Cash from Investing Activity-33-28-39-41-215-107-108-2571,414-359-318-163
Cash from Financing Activity172119-102-583394-386-704442-1,762263394-16
Net Cash Flow-2-24-31117-2112494-309
Free Cash Flow-180-134104569-407394704-465162-255-4046
CFO/OP758%-72%27%248%-40%107%152%-3%99%35%-5%42%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days414836342729162325243332
Inventory Days275372333223347215185261179246242238
Days Payable147118518910485664537364936
Cash Conversion Cycle169302318168271159135239167234226235
Working Capital Days-25-252024349515683867072
ROCE %-2%5%21%11%13%18%19%21%18%15%9%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.58%
FIIs4.32%4.42%4.91%4.84%4.66%5.18%5.57%6.21%5.70%6.96%7.44%7.69%
DIIs8.47%8.47%8.60%8.82%9.99%9.71%9.49%8.87%8.35%8.51%8.21%7.64%
Public26.24%26.13%25.52%25.35%24.38%24.15%23.96%23.93%24.96%23.54%23.36%24.10%
No. of Shareholders1,05,1951,09,8351,15,4531,13,9271,14,3551,13,9411,11,7481,06,7141,09,33499,09395,07196,867

Fundamentals

Market Cap₹ 5,270 Cr.
Current Price₹ 239
Stock P/E20.1
Book Value₹ 153
ROCE9.02 %
ROE8.68 %
Dividend Yield1.15 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)28%
Consolidated figures.
Valuation
Market capRs 5,055 Cr
Enterprise valueRs 7,145 Cr
P/E (TTM)18.40x
Price to book1.51x
Price to sales0.82x
EV / EBITDA12.22x
EV / EBIT15.88x
EV / sales1.16x
Price to cash flow26.90x
Earnings yield5.44%
Dividend yield1.19%
P/E, 3-year average16.63x
P/B, 3-year average1.51x
P/E, 5-year average12.52x
P/B, 5-year average1.65x
Profitability
Operating margin (excl. other income)8.72%
Operating margin (incl. other income)9.67%
EBITDA margin9.48%
Pre-tax margin5.77%
Net profit margin4.45%
Net margin, latest quarter0.23%
ROE8.33%
ROCE8.77%
ROA4.22%
ROE, 3-year average10.21%
ROCE, 3-year average10.73%
ROA, 3-year average5.58%
ROE, 5-year average26.67%
ROCE, 5-year average22.01%
ROA, 5-year average13.67%
ROIC (approx.)6.11%
Tax rate26.21%
Other income / net worth1.79%
Growth
Sales growth (latest year)10.57%
Profit growth (latest year)10.49%
Sales CAGR, 3 years3.85%
Sales CAGR, 5 years6.12%
Profit CAGR, 3 years-46.87%
Profit CAGR, 5 years-1.82%
Sales growth QoQ12.24%
Profit growth QoQ-97.82%
Sales growth YoY (latest quarter)2.11%
Profit growth YoY (latest quarter)73.81%
Per share
EPS (TTM)Rs 12.55
EPS (latest year)Rs 12.28
EPS (latest quarter)Rs 0.17
EPS, 3-year averageRs 13.81
EPS, 5-year averageRs 28.17
Book value per shareRs 152.71
Sales per shareRs 282.00
Cash flow per shareRs 8.58
Free cash flow per shareRs 0.27
Dividend per share (latest year)Rs 2.75
Dividend per share, 3-year averageRs 3.67
Dividend per share, 5-year averageRs 3.50
Dividends
Dividend payout22.40%
Dividend payout, 3-year average25.59%
Dividend payout, 5-year average19.85%
Efficiency
Asset turnover0.96x
Fixed asset turnover2.62x
Inventory turnover1.68x
Inventory days217 days
Debtor days32 days
Debtors turnover11.24x
Creditor days36 days
Cash conversion cycle235 days
Working capital days72 days
Leverage
Total debtRs 2,161 Cr
Cash and bankRs 70 Cr
Net debtRs 2,091 Cr
Debt to equity0.65x
Net debt / EBITDA3.57x
Interest coverage4.80x
Current ratio (filing 2026-03-31)1.49x
Quick ratio (filing 2026-03-31)0.36x
Trade payables (filing 2026-03-31)Rs 446 Cr
Owners' fund to total sources51.20%
Debt to assets33.10%
Cash flow
Cash from Operating Activity (latest year)Rs 188 Cr
Cash from Investing Activity (latest year)Rs -163 Cr
Cash from Financing Activity (latest year)Rs -16 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs 6 Cr
FCFE (approx.: FCF + change in debt)Rs 187 Cr
Cash from ops / profit, 5 years0.13x
Sales to cash flow33.47x
Statement figures
Net sales (TTM)Rs 6,173 Cr
Net sales (latest year)Rs 6,290 Cr
Sales (latest quarter)Rs 1,581 Cr
Operating profit excl. other income (latest year)Rs 549 Cr
Operating profit (latest quarter)Rs 53 Cr
Other income (TTM)Rs 80 Cr
EBITDA (TTM)Rs 585 Cr
PBDT (TTM)Rs 491 Cr
Profit before tax (TTM)Rs 356 Cr
Tax (latest year)Rs 95 Cr
Net profit (TTM)Rs 275 Cr
Net profit (latest year)Rs 269 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 135 Cr
Depreciation (latest quarter)Rs 31 Cr
Interest (TTM)Rs 94 Cr
Cost of goods sold (latest year)Rs 5,025 Cr
Total expenditure (latest year)Rs 5,742 Cr
Total income (latest year)Rs 6,350 Cr
Share capitalRs 22 Cr
ReservesRs 3,321 Cr
Shareholders' fundsRs 3,343 Cr
Total assetsRs 6,528 Cr
Net blockRs 2,398 Cr
Capital work in progressRs 14 Cr
InvestmentsRs 7 Cr
ReceivablesRs 559 Cr
InventoryRs 2,994 Cr
Other liabilitiesRs 1,025 Cr
Shares outstanding (crore)21.89
Ownership
Promoter holding60.58% (-0.40 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.4 is at the 71th percentile of its own 9.4-year range (median 10.1, low 3.5, high 40.5).
P/B 1.51 is at the 31th percentile (median 2.48).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTRIVENINifty 50Difference
1 week-3.9%-2.8% -1.1 pts
1 month-16.9%-6.8% -10.1 pts
3 months-49.7%-7.6% -42.0 pts
6 months-39.1%+0.4% -39.5 pts
1 year-32.4%-9.9% -22.5 pts
2 years-52.2%-13.6% -38.6 pts
3 years-39.2%+14.2% -53.4 pts
5 years+20.1%+27.9% -7.7 pts
22 mutual fund schemes hold about ₹338 Cr. Over three months 18 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Small Cap Fund1.20%260 +26%
Bank of India Flexi Cap Fund0.51%15 +23%
Bank of India ELSS Tax Saver Fund0.93%13 +38%
ITI Multi Cap Fund0.74%12 +50%
DSP India T.I.G.E.R Fund0.17%11 -55%
Bank of India Aggressive Hybrid Fund0.38%8 +15%
Motilal Oswal Nifty Microcap 250 Index Fund0.26%7 +30%
Mahindra Manulife Business Cycle Fund0.33%5 +100%
Bandhan Balanced Advantage Fund0.15%3 +36%
Bank of India Multi Asset Allocation Fund0.62%2 +100%
Bank of India Large Cap Fund0.63%1 +100%
Bank of India Midcap Tax Fund-Sr 10.42%0 +100%
Bank of India Midcap Tax Fund-Sr 20.42%0 +100%
Bank of India Conservative Hybrid Fund(A0.17%0 +39%
Groww Nifty Total Market Index Fund0.01%0 +32%
Angel One Nifty Total Market Index Fund0.01%0 +32%
Mirae Asset Nifty Total Market Index Fund0.01%0 +32%
Bandhan Nifty Total Market Index Fund0.01%0 +40%
Motilal Oswal BSE 1000 Index Fund0.01%0 +32%
LIC MF Value Fund0.00%0 -100%
Bandhan Small Cap Fund0.00%0 -100%
LIC MF Value Fund0.00%0 -100%

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 20% of net profit over the last 3 years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,581 Cr +2.1% vs Jun 2025. Net profit ₹4 Cr +73.8%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Balrampur Chini Mills Ltd14,23838.49.27 %
Shree Renuka Sugars Ltd4,798-3.06 %
Bajaj Hindusthan Sugar Ltd4,77736.93.11 %
Bannari Amman Sugars Ltd4,14434.08.75 %
Dalmia Bharat Sugar & Industries Ltd3,33416.28.18 %
Avadh Sugar & Energy Ltd1,60123.86.83 %
M.V.K. Agro Food Product Ltd1,25325.314.4 %
Uttam Sugar Mills Ltd1,11012.611.4 %
Dhampur Sugar Mills Ltd1,10215.76.43 %
Zuari Industries Ltd8407.275.45 %
Dhampur Bio Organics Ltd83132.54.98 %
Dwarikesh Sugar Industries Ltd80355.44.62 %
Magadh Sugar & Energy Ltd75914.77.75 %
Ugar Sugar Works Ltd65022.59.00 %
Mawana Sugars Ltd56916.88.35 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-31Dividend - Rs 1.25 Per Share
2026-07-22Demerger
2026-02-06Interim Dividend - Rs 1.50 Per Share
2025-09-01Dividend - Rs 2.50 Per Share
2024-09-06Dividend - Re 1.25 Per Share
2024-02-09Interim Dividend - Rs 2.25 Per Share & Special Dividend Rs 2.25 Per Share
2023-09-01Annual General Meeting/Dividend - Rs Per Share
2022-12-22Buy Back
2022-08-12Dividend - Rs 2 Per Share
2021-11-09 Interim Dividend - Rs 1.25 Per Share
2021-09-08 Annual General Meeting/Dividend - Rs 1.75 Per Share
2020-08-27 Buyback
2020-02-18 Interim Dividend - Re 1.1 Per Share
2019-06-18 Buyback
2019-02-25 Interim Dividend - Re 0.70 Per Share
2017-08-22 Interim Dividend - Re 0.25 Per Share
2015-09-16 Annual General Meeting
2014-07-30Annual General Meeting
2013-02-12Annual General Meeting / Dividend Re 0.10 Per Share
2012-02-03Dividend-Re.0.20 Per Share
2011-05-03Scheme Of Arrangement
2011-05-03Inferred from price: close fell to 0.400x overnight, no NSE action on record0.4000
2011-02-11Annual General Meeting/Final Dividend Re.0.20 Per Share/Special Dividend Re.0.15 Per Share
2010-12-21Annual Book Closure
2010-05-18Interim Dividend-Re.0.40 Per Share
2009-12-22Dividend-Re.0.70 Pr Share
2009-05-11Interim Dividend - 30%
2008-12-18Dividend-60%
2007-12-14Final Dividend-10%
2007-06-142nd Interim Dividend-15%
2006-11-02Interim Dividend - 35%
2006-06-26Dividend-50%
DateTypeWhat it says
2026-09-16General UpdatesGeneral Updates - Reports from the Audit Committee and Independent Directors
2026-09-16Scheme of ArrangementScheme of Arrangement - Reports from Audit Committee and Independent Directors of the Company
2026-09-08Shareholder meetingVoting results.
2026-09-07Shareholder meetingProceedings of Annual General Meeting held on September 07, 2026
2026-08-13UpdatesTriveni Engineering & Industries Limited has submitted Business Responsibility and Sustainability Report (FY 2025-26)
2026-08-13Shareholder meetingNotice of Annual General Meeting to be held on September 07, 2026
2026-08-10Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetTranscript
2026-08-03General UpdatesAllocation of cost of acquisition of Equity Shares of Triveni Engineering & Industries Ltd. and Triveni Power Transmission Ltd.
2026-08-03Scheme of ArrangementAllocation of cost of acquisition of Equity Shares of Triveni Engineering & Industries Ltd. and Triveni Power Transmission Ltd.
2026-07-30Concall / analyst meetLink of Recording
2026-07-29Investor PresentationInvestor Presentation
2026-07-29General UpdatesMr. Tarun Sawhney has ceased to be a Key Managerial Personnel.
2026-07-29General UpdatesPursuant to the allotment of equity shares by Triveni Power Transmission Ltd. (TPTL) on July 28, 2026, to the eligible shareholders of the Company as ...
2026-07-29Director changeChange in Director(s) of the company.
2026-07-29AppointmentAppointment of Mr Vivek Viswanathan (DIN: 00141053) as an Additional Director designated as Whole-time Director and Key Managerial Personnel of the Co...
2026-07-29Board meeting outcomeTriveni Engineering & Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29General UpdatesMaterial update in connection with the Composite Scheme of Arrangement amongst Triveni Engineering & Industries Ltd. (TEIL) and Sir Shadi Lal Enterpri...
2026-07-22Concall / analyst meetSchedule of meet
2026-07-14Record DateRecord date for the purpose of Merger/HiveOff is 22-Jul-2026.
2026-07-14Record DateRecord date for the purpose of Board of Directors of the Company has, in consultation with TPTL, fixed Wednesday, July 22 & 2026 as is 22-Jul-20...
2026-07-11UpdatesIntimation under Regulation 30 & 42 of the SEBI (LODR) Regulations, 2015 about fixation of Wednesday, July 22, 2026 as the Demerger Record Date pursua...
2026-07-11Scheme of ArrangementScheme of Arrangement - Intimation under Regulation 30 & 42 of the SEBI (LODR) Regulations, 2015 about fixation of Wednesday, July 22, 2026 as the De...
2026-07-08UpdatesCertificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026.
2026-06-25General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-12NCLTSSP Pvt Ltd Vs Triveni Engineering & Industries Ltd
2021-07-20NCLTSSP Pvt Ltd Vs Triveni Engineering & Industries Ltd
2020-02-13NCLATTriveni Engineering & Industries Ltd VS Ester India Chemicals Ltd & Anr.
2020-01-21NCLATTriveni Engineering & Industries Ltd VS Ester India Chemicals Ltd & Anr.
2019-09-30NCLATTriveni Engineering & Industries Ltd VS Ester India Chemicals Ltd & Anr.
2019-07-11NCLATTriveni Engineering & Industries Ltd VS Ester India Chemicals Ltd & Anr.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Triveni Engineering and Industries Ltd?

Triveni Engineering and Industries Ltd (TRIVENI) has a market capitalisation of Rs 5,270 Cr. at the 2026-10-01 close.

What is the P/E ratio of Triveni Engineering and Industries Ltd?

Triveni Engineering and Industries Ltd trades at a P/E of 20.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Triveni Engineering and Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Triveni Engineering and Industries Ltd sales was Rs 1,581 Cr (+2.1% vs Jun 2025) and net profit was Rs 4 Cr.

What is the 52-week high and low of Triveni Engineering and Industries Ltd?

The 52-week high is Rs 490.10 and the 52-week low is Rs 220.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03