An integrated sugar manufacturer that converts sugarcane into refined sugar, ethanol and power, and also runs a water and wastewater treatment business. Sugar accounted for 54.7% of FY26 segment revenue at Rs 4,476.6 cr and distillery 35.2% at Rs 2,882.79 cr. The water segment was 3.3% of revenue; power transmission (4.2%) was demerged into Triveni Power Transmission Ltd effective May 19, 2026, with Triveni retaining a 29.88% stake as an associate. Sugarcane and grain are the dominant input costs, taking 61.5% of revenue. In Q1 FY27 the company crushed 8.25 mn tons of sugarcane at 11.1% recovery. India achieved the 20% ethanol blending milestone, a key outlet for the distillery segment. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Sugar (55%), Distillery (35%), Power Transmission (4%), Water (3%), Others (3%). Cyclical agro-processing — sugar and distillery volumes and prices move with the sugarcane cycle and government ethanol policy.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 4,694 | 6,310 | 6,151 | 6,808 | 7,621 |
| EBITDA (ex other income) | 628 | 2,017 | 626 | 476 | 534 |
| margin % | 13.4 | 32.0 | 10.2 | 7.0 | 7.0 |
| Owners' profit | 424 | 1,792 | 395 | 238 | 269 |
| EPS, as reported (₹) | 17.54 | 74.58 | 18.05 | 10.88 | 12.19 |
| ROE % · ROCE % | 22.2 · 23.6 | 67.2 · 65.4 | 13.6 · 17.6 | 7.5 · 10.8 | 8.0 · 11.9 |
| Debt / equity (x) | 0.82 | 0.34 | 0.49 | 0.62 | 0.64 |
| Cash from operations | (173) | 397 | 100 | (106) | 188 |
| Capex | (292) | (234) | (356) | (298) | (182) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,748 | 1,600 | 1,925 | 1,954 | 2,014 | 1,818 | 1,834 | 1,950 |
| Profit before tax | (30) | 57 | 255 | 3 | 29 | 104 | 230 | 0 |
| Net profit | (22) | 43 | 187 | 2 | 21 | 78 | 167 | 4 |
| EPS (₹) | (1.02) | 1.94 | 8.55 | 0.02 | 1.18 | 3.84 | 7.60 | 0.17 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| SUGAR | 4,477 | 54.7 |
| DISTILLERY | 2,883 | 35.2 |
| POWER TRANSMISSION | 340 | 4.2 |
| WATER | 269 | 3.3 |
| OTHERS | 219 | 2.7 |
| Total, before eliminations | 8,187 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BALRAMPUR CHINI MILLS LTD | 14,641 | 37.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · 90th AGM: All 8 resolutions passed, final dividend Rs 1.25 declared | board shareholder meetings | medium | — | — |
| 7 Sept 2026 · Triveni Engineering 90th AGM proceedings held on Sept 7, 2026 | board shareholder meetings | medium | — | — |
| 17 Aug 2026 · Special window for transfer and dematerialisation of physical shares | compliance | minimal | — | — |
| 14 Aug 2026 · Notice of 90th AGM and e-voting information published | compliance | minimal | — | — |
| 13 Aug 2026 · Triveni Engineering files BRSR for FY26 with key ESG highlights | compliance | low | — | — |
| 13 Aug 2026 · AGM notice on September 7, 2026 with dividend and director appointments | management changes | medium | — | — |
| 12 Aug 2026 · Notice of 90th AGM and e-voting info published in newspapers | compliance | minimal | — | — |
| 10 Aug 2026 · Triveni Engg to attend Emkay Confluence 2026 investor meet on Aug 13 | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Triveni Engineering Q1 FY27 Earnings Call Transcript Filed | investor communications | medium | — | — |
| 3 Aug 2026 · Cost of acquisition allocated: TEIL 86.60%, TPTL 13.40% post-demerger | strategic transactions | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 3.54 |
| 22.9 |
| 9.1 |
| 9.7 |
| 5.4 |
| 7.9 |
| TRIVENI ENGG. & INDS. LTD ◆ | 5,649 | 20.0 | 1.69 | 12.7 | 8.0 | 9.4 | 10.1 | 3.3 |
| SHREE RENUKA SUGARS LTD | 5,284 | — | — | 79.6 | 29.6 | (108.2) | 10.2 | (3.1) |
| BAJAJ HINDUSTHAN SUGAR LT | 4,969 | 15.4 | 1.30 | 22.5 | 3.3 | 1.5 | (3.9) | (10.4) |
| BANNARI AMMAN SUGARS LTD | 4,362 | 35.8 | 2.28 | — | 7.7 | 8.7 | — | 0.5 |
| DALMIA BHARAT SUG IN LTD | 3,384 | 14.1 | 1.05 | 9.3 | 7.3 | 8.0 | 6.1 | 8.3 |
| UTTAM SUGAR MILLS LTD. | 1,065 | 12.2 | 1.20 | 7.5 | 11.3 | 12.7 | — | 4.5 |
| DHAMPUR SUGAR MILLS LTD. | 1,054 | 15.0 | 0.88 | 9.8 | 5.5 | 5.8 | (7.9) | 4.7 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.0 | 11.4 | 19 of 24 | 22% |
| P/B | 1.7 | 1.0 | 20 of 26 | 24% |
| ROCE | 9.4 | 3.0 | 6 of 27 | 81% |
| ROE | 8.0 | 3.7 | 9 of 27 | 69% |
| Debt / Equity | 0.6 | 0.6 | 15 of 27 | 46% |
| EBITDA margin | 3.3 | 4.6 | 16 of 26 | 40% |
| Revenue growth | (0.2) | 5.5 | 14 of 25 | 46% |
| Profit growth | 73.8 | (14.4) | 8 of 27 | 73% |
| Market cap | 5649 | 313 | 2 of 28 | 96% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
