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 Investors may be wary of TRITURBINE as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
currentRatio
0.00000
forwardPE
35.89983
debtToEquity
0.95200
earningsGrowth
0.35800
revenueGrowth
0.16600
grossMargins
0.49752
operatingMargins
0.20421
trailingEps
10.70000
forwardEps
3.69000
Triveni Turbine Limited's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for Triveni Turbine Limited. Positive gross and operating margins for Triveni Turbine Limited demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits. Triveni Turbine Limited's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.
Insider Transactions:
Insider Transactions for TRITURBINE
There were 1 TRITURBINE sales transactions, at market price of 684.9000244140625.1 TRITURBINE stock purchases took place, with market price of 684.9000244140625.The insider transaction records show no compelling upward or downward trend, providing little insight into the company’s potential direction.
Recommendation changes over time:
Recommendations trend for TRITURBINE
Analysts have shown a buy bias for TRITURBINE, marking it as a favorable investment option. This could inspire investors to see TRITURBINE as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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