Market Performance
Triveni Turbine share price witnessed a sharp decline of over 8% during Tuesday’s trading session following the announcement of weak Q1FY26 results.
- Opening Price: ₹550.25 on BSE
- Intraday High: ₹558
- Intraday Low: ₹540.70
The stock movement reflects investor reaction to the disappointing financial performance for the April-June quarter.
Main News
Triveni Turbine Ltd, a leading manufacturer of industrial steam turbines, reported a significant drop in its Q1FY26 financials. The company posted a net profit of ₹64.5 crore, marking a 19.3% decline from ₹80 crore in Q1FY25.
The decline in performance has been attributed to deferred dispatches and lower export demand amid global geopolitical uncertainties. Additionally, international customer reluctance for inspections further impacted revenue recognition.
Company Details
Triveni Turbine, with a diverse global and domestic client base, saw a mixed trend in its order booking performance:
- Total Order Booking: ₹5.36 billion, down 16% YoY
- Domestic Orders: ₹2.85 billion, up 32% YoY
- Export Orders: Impacted due to reduced demand and delays from geopolitical tensions
Despite a challenging quarter, domestic demand displayed a positive turnaround.
The company has announced September 1, 2025, as the record date for its final dividend distribution for FY25. The dividend, pending shareholder approval at the upcoming AGM, is scheduled to be disbursed on or before October 7, 2025.
Revenue
- Q1FY26 Revenue: ₹371.3 crore
- Q1FY25 Revenue: ₹463.3 crore
- Year-over-Year Decline: 19.9%
EBITDA
- EBITDA in Q1FY26: ₹73.8 crore
- EBITDA in Q1FY25: ₹95.6 crore
- Decline: 22.1%
EBITDA Margins
- Q1FY26 EBITDA Margin: 19.8%
- Q1FY25 EBITDA Margin: 20.6%
- Margin Contraction: 80 basis points
Net Profit
- Q1FY26 Net Profit: ₹64.5 crore
- Q1FY25 Net Profit: ₹80 crore
- Year-over-Year Drop: 19.3%
Operational Challenges
The management highlighted key operational hurdles during the quarter:
- Delay in dispatches due to geopolitical tensions (India-Pakistan, Israel-Iran)
- Customer travel reluctance led to postponed inspections
- Revenue recognition impacted due to deferred deliveries
- Export order intake declined while domestic orders surged
These factors combined to create a lumpy and challenging quarter for the company.
Summary of the Article
The Triveni Turbine share price dropped over 8% as markets responded to its weak Q1FY26 results. The company reported a 19.3% decline in net profit and a 19.9% drop in revenue, primarily due to deferred international orders and geopolitical uncertainties.
However, a 32% growth in domestic order booking provided some relief. The company remains focused on realigning operations and maintaining its long-term growth momentum, even as near-term headwinds continue to impact performance.
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