Investor presentation for Q4 & FY26.
TRITURBINE · price
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Triveni Turbine delivered strong FY26 results with revenue of ₹21,811 million (up 8.7% YoY) and EBITDA of ₹5,268 million (24.2% margin). PAT came in at ₹3,494 million, impacted by a one-time exceptional expense of ₹157 million; adjusted PAT was ₹3,611 million. The company achieved a 5-year revenue CAGR of 26% and EBITDA CAGR of 29%. Order booking for FY26 was ₹23,256 million (slight 1.6% decline YoY), though Q4 saw record export order booking up 174% YoY and aftermarket orders up 121% YoY. Business mix improved significantly with exports now at 51% of orders and aftermarket share rising to 26% (from 14% in FY25). The company cited a strong and diversified enquiry pipeline across IPP, steel, cement, oil & gas, and geothermal sectors. Management expressed confidence in delivering growth for FY27, supported by a record closing order book of ₹20,539 million (up 7.6% YoY) and manufacturing capabilities in USA and South Africa.
The company demonstrated resilience amid global geopolitical challenges with strong Q4 performance, improved business mix favoring higher-margin aftermarket and exports, and a robust order backlog providing revenue visibility. The disclosed order pipeline and management's FY27 growth confidence are positive indicators, though FY26 order booking showed marginal decline.