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:
Revenue projections for TRIVENI TRIVENI's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
1.459000
forwardPE
16.422594
debtToEquity
62.667000
earningsGrowth
0.162000
revenueGrowth
0.251000
grossMargins
0.273610
operatingMargins
0.169410
trailingEps
10.870000
forwardEps
24.700000
With a current ratio 1.459, TRIVENI 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's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains. Positive earnings and revenue growth for TRIVENI suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion. Triveni Engineering & Industries Limited's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with Triveni Engineering & Industries Limited anticipated to deliver better earnings than it did in the prior year.
Price projections:
Price projections for TRIVENI Over time, price projections for TRIVENI have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in TRIVENI's ability to deliver strong results and achieve higher market value.
Recommendation changes over time:
Recommendations trend for TRIVENI
A recent buy bias from analysts toward TRIVENI indicates strong confidence in the stock's future performance. This could encourage investors to park their money in TRIVENI, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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