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:
Revenue projections for TRITURBINE 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
0.00000
forwardPE
35.89983
debtToEquity
0.95200
earningsGrowth
0.35800
revenueGrowth
0.16600
grossMargins
0.49752
operatingMargins
0.20421
trailingEps
10.70000
forwardEps
3.69000
Triveni Turbine Limited's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning Triveni Turbine Limited for continued success in the market. Positive gross and operating margins for Triveni Turbine Limited highlight the company's profitability. These metrics reflect Triveni Turbine Limited's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health. Triveni Turbine Limited's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.
Insider Transactions:
Insider Transactions for TRITURBINE
1 sales of Triveni Turbine Limited stock were made, with market price at 684.9000244140625 per share.1 separate transactions to buy TRITURBINE were completed, while market price hovered around 684.9000244140625.There is no noticeable trend in insider transactions, making it difficult to assess whether the company is headed in a positive or negative direction.
Recommendation changes over time:
Recommendations trend for TRITURBINE
A recent buy bias from analysts toward TRITURBINE may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that TRITURBINE might be an appealing option for those looking to grow their wealth through stock market investments.
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