More about Triveni Turbine Limited
Fundamentals for Triveni Turbine Limited
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Fundamentals for Triveni Turbine Limited
Business Operations:
Sector: IndustrialsIndustry: Specialty Industrial Machinery
Triveni Turbine Limited, together with its subsidiaries, manufactures and supplies power generating equipment and solutions in India and internationally. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; American Petroleum Institute (API) compliant steam turbines; and sustainable modularly arranged pressure reducing turbines, as well as spares parts. It also provides various steam turbine service solutions, such as predictive and preventive maintenance, annual maintenance contract/long term service agreements, troubleshooting and health check-up, balance of plant solutions, turnkey solutions, automation, restoration, upgradation, OEM services, modification and conversion package, high-speed balancing, remote monitoring, and training programs; and refurbishing and repair services for rotating equipment. In addition, the company trades in steam turbines and parts. Its turbines are used in various applications, such as combined heat and power generation, power generation, and drives. The company serves geothermal and independent power plants, industrial captive power plants, oil and gas plants, utility power plants, and petroleum refineries; and the sugar, distillery, food processing, pulp and paper, textile, palm oil, cement, steel, chemical, petrochemical, and fertilizer sectors. It also exports its products. The company was formerly known as Triveni Retail Ventures Limited and changed its name to Triveni Turbine Limited in March 2010. Triveni Turbine Limited was founded in 1968 and is headquartered in Bengaluru, India.
Revenue projections:
TRITURBINE's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 2.106000 |
|---|---|
| forwardPE | 35.968784 |
| debtToEquity | 2.946000 |
| earningsGrowth | 0.007000 |
| revenueGrowth | 0.010000 |
| grossMargins | 0.496380 |
| operatingMargins | 0.210590 |
| trailingEps | 10.830000 |
| forwardEps | 3.690000 |
With a current ratio 2.106, TRITURBINE demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
Triveni Turbine Limited's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance.
With TRITURBINE's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.
Price projections:
The gradual downward revision of TRITURBINE's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about TRITURBINE's growth potential.
Recommendation changes over time:
Recent analysis shows a strong buy bias for TRITURBINE, encouraging investors to view it as a solid investment option. The positive sentiment surrounding TRITURBINE suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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