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:
Revenue projections for TRITURBINE Triveni Turbine 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
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 of 2.106, TRITURBINE has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that TRITURBINE is in a strong position to meet its immediate financial obligations without difficulty. Triveni Turbine Limited's positive gross and operating margins indicate healthy profitability. These margins reflect the company's ability to generate income efficiently from its operations, signaling strong financial performance and effective cost management. Triveni Turbine Limited's forward EPS being lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.
Price projections:
Price projections for TRITURBINE Price projections for Triveni Turbine Limited have been gradually lowered, signaling reduced optimism among analysts. This downward adjustment suggests that the company may face challenges in meeting previous growth expectations.
Recommendation changes over time:
Recommendations trend for TRITURBINE
The recent buy bias from analysts suggests TRITURBINE is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, TRITURBINE appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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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