Investors'' brief for Q4 & FY26 ended March 31, 2026
TRIVENI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Triveni Engineering reported FY26 consolidated revenue of ₹6,291 crore, up 10.6% YoY, with Profit After Tax of ₹269 crore, up 12.8%. The Composite Scheme of Arrangement (amalgamation of Sir Shadi Lal Enterprises and demerger of Power Transmission Business into Triveni Power Transmission Ltd) received NCLT approval effective May 19, 2026. The Distillery segment delivered a strong turnaround with PBIT of ₹119.3 crore, up 200.8% YoY, driven by lower maize procurement costs and operational efficiencies. The Power Transmission Business (PTB) faced Q4 headwinds from geopolitical disruptions causing delivery deferments, but the closing order book grew 25% to ₹485 crore with enquiry levels doubling vs FY25. Sugar business maintained production at 0.91 million tonnes despite 8.8% lower cane crush. The Board recommended a final dividend of ₹1.25 per share.
The demerger of PTB into a separate entity from FY27 will unlock shareholder value, while the strong turnaround in distillery and robust order book provide earnings visibility. However, geopolitical uncertainties affecting PTB deliveries and rising cane prices remain key monitorables.