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:
Triveni Engineering & Industries Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 23.12424 |
| debtToEquity | 24.55400 |
| earningsGrowth | 0.97900 |
| revenueGrowth | 0.16500 |
| grossMargins | 0.25306 |
| operatingMargins | 0.07752 |
| trailingEps | 14.01000 |
| forwardEps | 16.50000 |
Triveni Engineering & Industries Limited's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
TRIVENI's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
With positive earnings and revenue growth, TRIVENI is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
Triveni Engineering & Industries Limited's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that Triveni Engineering & Industries Limited is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
The steady upward revision of TRIVENI's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about TRIVENI's future prospects and potential for growth.
Recommendation changes over time:
Analysts have maintained a buy bias for TRIVENI, which could prompt investors to consider the stock as a viable investment. With this positive outlook, TRIVENI is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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