TRITURBINE - Fundamental Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Fundamental Rating: 4.6

Here’s a deep dive into Triveni Turbine Ltd (TRITURBINE) based on the financials and stock data you’ve shared

📊 Core Financial Health

Return Metrics

ROE: 32.8%, ROCE: 44.2% — exceptionally strong, signaling efficient use of capital and equity

EPS: ₹11.2 — solid earnings for its price band

Profitability Trends

PAT Qtr vs Prev Qtr: ₹93.9 Cr vs ₹92.4 Cr — stable growth with low volatility

Quarterly Profit Growth: 23.6% — healthy progression that complements strong margins

Debt & Cash Position

Debt-to-Equity: 0.03 — virtually debt-free, strengthens long-term sustainability

Business likely generates stable cash flows given the low leverage and consistent profitability

📈 Valuation Snapshot

Metric Value Takeaway

P/E Ratio 53.9 Slightly below industry average of 57.2 — high, but justified by returns

P/B Ratio ~15.82 Rich valuation — reflects strong investor confidence and ROE

PEG Ratio 1.17 Fair growth-adjusted valuation — not undervalued, but not overpriced

Dividend Yield 0.43% Token income, clearly a growth-oriented play

🏭 Business Model & Strategic Edge

Sector: Precision engineering — industrial turbines for power generation

Competitive Advantages

Dominant domestic market share in steam turbines for captive power

Expanding global footprint — exports driving incremental growth

Strong aftermarket services segment (O&M), ensuring repeat business and stable margins

Growth Drivers

Infrastructure development, industrial expansion, and global replacement cycles

Make-in-India push & demand for energy efficiency

📉 Technical and Sentiment Overview

RSI: 39.3 — nearing oversold levels, suggesting accumulation phase could be approaching

MACD: 2.14 — neutral to mildly bullish, supports stabilization

DMA Trends: Current price slightly below 50-DMA and just under 200-DMA — showing consolidation

Volume: Below average — short-term weakness, but no panic signals

🎯 Entry Zone & Long-Term Guidance

Suggested Entry: ₹580–₹600 — reasonable near-term dip opportunity before bounce

Long-Term Holding View: ₹780–₹850+ range over 12–18 months if execution sustains

Investor Fit: Ideal for those seeking quality engineering exposure with low debt, high return metrics, and scalable international presence

Curious to see how it stacks up against BHEL or GE Power for industrial diversification? Or want me to project EPS-based intrinsic values? I'm ready to run the numbers.

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