TRITURBINE - Fundamental Analysis: Financial Health & Valuation

Last Updated Time : 19 Sept 25, 2:16 pm

Fundamental Rating: 4.4

📊 Core Financials Breakdown

Profitability

ROCE: 47.6% and ROE: 36.5% — exceptional, placing Triveni Turbine among the most efficient capital allocators in its sector.

EPS: ₹11.7, with a minor quarterly dip in PAT from ₹93.7 Cr. to ₹67.0 Cr. (-3.49%) — not alarming given long-term consistency.

Debt-to-equity: 0.02 — virtually debt-free, enhancing financial resilience and flexibility.

Dividend Yield: 0.74% — modest, but a nice bonus for long-term holders.

Institutional Sentiment

FII holdings declined (-2.55%), while DII holdings rose (+1.52%) — domestic investors remain confident despite foreign caution.

💰 Valuation Metrics

Metric Value Insight

P/E Ratio 49.6 In line with industry average (49.4) — fairly valued.

P/B Ratio ~16.5 High, but justified by strong return metrics and growth profile.

PEG Ratio 1.03 Reasonable — valuation aligns with expected earnings growth.

Intrinsic Value ~₹500–₹520 (est.) Current price of ₹537 is slightly above fair value.

🧠 Business Model & Competitive Edge

Core Operations: Design and manufacture of industrial steam turbines for power generation and process industries.

Strengths

Market leader in sub-30 MW turbine segment with global exports.

Strong order book and strategic wins (e.g., ₹290 Cr. NTPC order)

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High-margin business with scalable manufacturing and R&D capabilities.

Challenges

Recent profit contraction and bearish technical indicators.

RSI at 50.6 — neutral, MACD at -5.30 — bearish crossover.

📈 Entry Zone & Technicals

DMA 50: ₹551, DMA 200: ₹586 — price is below both, indicating short-term weakness.

RSI: 50.6 — neutral zone.

MACD: -5.30 — bearish momentum.

📌 Entry Zone: ₹500–₹520 — ideal for accumulation on dips.

🕰️ Long-Term Holding Guidance

2025 Target: ₹651 (average analyst estimate)

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2026–2027 Target: ₹714–₹1,013

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2030 Target: ₹1,400+ (based on DCF and projected cash flows)

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Holding Strategy: Triveni Turbine is a high-quality compounder with strong fundamentals, global reach, and minimal debt. Ideal for long-term investors seeking exposure to industrial automation and clean energy infrastructure. Accumulate during technical weakness and hold through cycles.

You can explore analyst reports on Trendlyne’s research dashboard

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or review future price targets on this forecast guide

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stockanalysis.com

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trendlyne.com

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stocks-buy.com

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