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Fundamentals for Triveni Turbine Limited
Business Operations:
Sector: IndustrialsIndustry: Specialty Industrial Machinery
Triveni Turbine Limited, together with its subsidiaries, manufactures and supplies power generating equipment and solutions in India and internationally. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; American Petroleum Institute (API) compliant steam turbines; and sustainable modularly arranged pressure reducing turbines, as well as spares parts. It also provides various steam turbine service solutions, such as predictive and preventive maintenance, annual maintenance contract/long term service agreements, troubleshooting and health check-up, balance of plant solutions, turnkey solutions, automation, restoration, upgradation, OEM services, modification and conversion package, high-speed balancing, remote monitoring, and training programs; and refurbishing and repair services for rotating equipment. In addition, the company trades in steam turbines and parts. Its turbines are used in various applications, such as combined heat and power generation, power generation, and drives. The company serves geothermal and independent power plants, industrial captive power plants, oil and gas plants, utility power plants, and petroleum refineries; and the sugar, distillery, food processing, pulp and paper, textile, palm oil, cement, steel, chemical, petrochemical, and fertilizer sectors. It also exports its products. The company was formerly known as Triveni Retail Ventures Limited and changed its name to Triveni Turbine Limited in March 2010. Triveni Turbine Limited was founded in 1968 and is headquartered in Bengaluru, India.
Revenue projections:
TRITURBINE's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 1.979000 |
|---|---|
| forwardPE | 40.533672 |
| debtToEquity | 2.476000 |
| earningsGrowth | 0.074000 |
| revenueGrowth | 0.263000 |
| grossMargins | 0.468480 |
| operatingMargins | 0.175100 |
| trailingEps | 11.010000 |
| forwardEps | 16.513430 |
TRITURBINE's current ratio of 1.979 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring TRITURBINE is unlikely to face difficulties in meeting immediate financial obligations.
TRITURBINE's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that TRITURBINE is likely to outperform its previous year's financial performance.
Price projections:
TRITURBINE's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Recommendation changes over time:
TRITURBINE has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as TRITURBINE is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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