More about Triveni Engineering & Industries Limited
Fundamentals for Triveni Engineering & Industries Limited
Regulatory Filings for Triveni Engineering & Industries Limited
The Renewable Success Story Beyond Solar
Startups Mint India’s New Billionaires
India's Biggest IPO Has a Bigger Meaning
From Watches to Wealth: Titan's New Empire
Fundamentals for Triveni Engineering & Industries Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Confectioners
Triveni Engineering & Industries Limited engages in the sugar and allied businesses, and engineering businesses in India and internationally. The company manufactures and sells multi-grade and pharmaceutical-grade sugar for large institutions, beverage, breweries, pharmaceutical, confectionery manufacturers, and dairy and ice cream producers, as well as offers sugar under the Shagun brand. It also sells surplus molasses and bagasse produced as a by-product in the manufacture of sugar; produces ethanol, extra neutral alcohol, rectified and denatured spirit, and Indian liquor; and distillers dried grain soluble, potash-rich ash, and carbon dioxide products for oil marketing and oil marketing companies, institutional customers, etc. In addition, the company manufactures and sells high-speed gears for steam/gas turbines, compressors, pumps, blowers, and other industry applications; low-speed gearboxes for various industries; and propulsion and other critical gearboxes, critical turbo and motor driven pumps, gas turbine generators for auxiliary power, fin stabilizers, and propulsion system integration and shafting power generation, refinery and petrochemical, rubber and plastics, oil and gas, sugar, marine, chemical and fertiliser, cement, and steel industries. Further, it is involved in the provision of water treatment, water and wastewater network management, wastewater/sewage treatment, desalination for seawater and brackish water, recycle and zero liquid discharge services; and operation and maintenance contracts, products and process audits, health check-ups, upgradation of existing plants, and on-site support, as well as provides spares and services. The company serves industrial clusters, refineries, coal, sand processing plant, non-ferrous, oil and gas, thermal and hydro power plants, steel plants, sugar and allied, and desalination industries. Triveni Engineering & Industries Limited was incorporated in 1932 and is headquartered in Noida, India.
Revenue projections:
TRIVENI is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 1.495000 |
|---|---|
| forwardPE | 19.925442 |
| debtToEquity | 64.646000 |
| earningsGrowth | -0.111000 |
| revenueGrowth | -0.074000 |
| grossMargins | 0.271540 |
| operatingMargins | 0.159700 |
| trailingEps | 12.190000 |
| forwardEps | 20.566670 |
TRIVENI's current ratio, being 1.495, means the company is well-positioned to meet its short-term debt obligations. This reflects TRIVENI's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
TRIVENI's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
TRIVENI's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
TRIVENI's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
TRIVENI's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
TRIVENI'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:
Triveni Engineering & Industries Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Triveni Engineering & Industries Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
SEBI's New Gateway Is Rewiring Foreign Investment in India
Why Japan Backs India’s Truckers
India's $69B Eurasian Trade Power Play