More about Triveni Engineering & Industries Limited
Fundamentals for Triveni Engineering & Industries Limited
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Fundamentals for Triveni Engineering & Industries Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Confectioners
Triveni Engineering & Industries Limited engages in the sugar and allied businesses, and engineering businesses in India and internationally. The company manufactures and sells multi-grade and pharmaceutical-grade sugar for large institutions, beverage, breweries, pharmaceutical, confectionery manufacturers, and dairy and ice cream producers, as well as offers sugar under the Shagun brand. It also sells surplus molasses and bagasse produced as a by-product in the manufacture of sugar; produces ethanol, extra neutral alcohol, rectified and denatured spirit, and Indian liquor; and distillers dried grain soluble, potash-rich ash, and carbon dioxide products for oil marketing and oil marketing companies, institutional customers, etc. In addition, the company manufactures and sells high-speed gears for steam/gas turbines, compressors, pumps, blowers, and other industry applications; low-speed gearboxes for various industries; and propulsion and other critical gearboxes, critical turbo and motor driven pumps, gas turbine generators for auxiliary power, fin stabilizers, and propulsion system integration and shafting power generation, refinery and petrochemical, rubber and plastics, oil and gas, sugar, marine, chemical and fertiliser, cement, and steel industries. Further, it is involved in the provision of water treatment, water and wastewater network management, wastewater/sewage treatment, desalination for seawater and brackish water, recycle and zero liquid discharge services; and operation and maintenance contracts, products and process audits, health check-ups, upgradation of existing plants, and on-site support, as well as provides spares and services. The company serves industrial clusters, refineries, coal, sand processing plant, non-ferrous, oil and gas, thermal and hydro power plants, steel plants, sugar and allied, and desalination industries. Triveni Engineering & Industries Limited was incorporated in 1932 and is headquartered in Noida, India.
Revenue projections:
Investors are expected to be cautious with TRIVENI, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 2.08200 |
|---|---|
| forwardPE | 16.75282 |
| debtToEquity | 24.55400 |
| earningsGrowth | 0.00000 |
| revenueGrowth | 0.14400 |
| grossMargins | 0.24666 |
| operatingMargins | 0.01757 |
| trailingEps | 11.93000 |
| forwardEps | 24.70000 |
A current ratio of 2.082 for Triveni Engineering & Industries Limited implies that the company has ample liquidity to meet its short-term debts. Triveni Engineering & Industries Limited's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
TRIVENI's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
TRIVENI's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
With a forward EPS greater than its trailing EPS, Triveni Engineering & Industries Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Over time, TRIVENI's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for TRIVENI.
Recommendation changes over time:
Recent analysis shows a strong buy bias for TRIVENI, encouraging investors to view it as a solid investment option. The positive sentiment surrounding TRIVENI 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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