19 AUGUST 2022 | SECTOR: INDUSTRIALS

BHAPRATH TRIVENI TURBINE LTD

SENSEX: 59,646 NIFTY: 17,758 CMP: ₹ 198 MCAP: ₹ 6,385Cr. SMALLCAP

ROBUST VOLUME GROWTH AHEAD:

COMAPNY OVERLOOK:
Triveni Turbine Ltd is primarily engaged in manufacturing and
supplying power generating equipment and solutions. It was a division
of Triveni Engineering & Industries Ltd since 1970s and was demerged
from Oct 2010 into a separate entity. The company owns and operates 2
ICRA RATING for long & short term facilities of manufacturing facilities in Bengaluru, Karnataka. Over the company's
the Company at AA with positive outlook & A1+ existence, It has installed ~5,000 steam turbines globally in 75+
countries across 20+ industries with a cumulative capacity of 13 GW+. As
COMPANY DATA: of Mar 2022, Company achieved a total order booking of `11.8 billion.
The company is the market leader in steam turbines upto 30MW in
52 WEEK HIGH/LOW: ₹ 232 / 121
India and also the largest manufacturer of industrial steam turbines
FV | BV: ₹ 1.0 | ₹ 26.5
globally in 5-30MW range. It has ~60% market share in the domestic
OUT SHARES (CR.) 32.3 CR. steam turbines industry.
DIV. YIELD: 1.3 %
PE | EPS: 24.19 | ₹ 8.36
PRODUCT PROTFOLIO:
The company's product portfolio includes a wide range of turbines of
D/E RATIO: 0.00
different types ranging from 1-100 MW in capacities. It manufactures
ROCE: 22.38% turbines for various industries such as sugar, cement, chemicals,
ROE: 16.4 % textiles, palm oil, paper, steel, biomass power, distillery, waste-to-
P/B RATIO: 7.95 energy, carbon black, oil & gas, food, district heating and defence.
EV/EBITDA: 30.2 The company's aftermarket business provides timely service and
spares support. It provides services not only for the Triveni branded
TOTAL EQUITY (CR.) ₹ 856.57
turbines but also from other OEMs.
TOTAL DEBT (CR.) ₹ 2.18
REVENUE BREAKUP FY22
LIABILITIES (CR.) ₹ 494.99 Nature wise :- Product sales - 73% & Aftermarket sales - 27%
ASSETS (CR.) ₹ 1,352 Geography wise :- Domestic - 54% & Exports - 46%
NET CASHFLOW (CR.) ₹ -4.51
Q1FY23 RESULT:
Revenue at ₹ 2.59 billion in Q1 FY 23 as against ₹ 1.84 billion in Q1 FY 22, an
SHAREHOLDING (%)
increase of 40.7%. Profit after tax (PAT) at ₹ 383 million in Q1 FY 23 as against
PROMOTERS 67.78 % ₹ 278 million in Q1 FY 22. An increase of 37.8% Highest ever quarterly order
FII 16.97 % booking of ₹ 3.6 billion during Q1FY23
DII 11.55 %
PUBLIC 3.69 %

NOTE:- Promoter Pledging is (0%)

PEERS:- TTL PRAJ CG POWER

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2018 2019 2020 2021 2022
SOURCE: All data in this report has been taken from authentic source the annual report & quarter result of triveni turbines ltd.