T

Triveni Engineering & Industries Limited

TRIVENI
Market snapshot · 2026-08-11 12:14 UTC

238.40

₹-4.63 (-1.91%)

MARKET CAP

₹5.25K Cr

STOCK P/E

18.1x

52W HIGH

₹490.10

52W LOW

₹220.05

BOOK VALUE

₹151.72

EPS

₹13.20

ROE

SECTOR

Consumer Staples

DEBT/EQUITY

64.65

VOLUME

6.20L

P/B RATIO

1.57x

PEG RATIO

-1.20

Sector

Consumer Staples

Themes

SugarAnil Kumar Goel PortfolioTop 20 Investors in India Portfolio
D
Dividend
E
Earnings
₹472.15₹409.49₹346.83₹284.16₹221.50VolumeDDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Triveni Engineering & Industries is an Indian sugar, distillery, and industrial engineering company. Refined and pharmaceutical-grade sugar anchor revenue, while ethanol, alcohol, and bagasse-based power add value. Gearboxes, EPC services, and fuel retail provide additional engineering and downstream revenue streams. Revenue grew 10.6% year-on-year, with stable margins, but recent Triveni Turbine-related disclosures showed weaker quarterly profitability and margin pressure. Profit growth broadly matched revenue growth at 10.5%, indicating limited operating leverage. ROE is unavailable, while debt/equity of 64.65 implies substantial leverage can amplify returns and financial risk. At 18.1 times earnings, valuation appears fair against the company’s growth rate and sector context. The key open question is whether ethanol expansion and sugar-linked cash flows can offset quarterly profit volatility and leverage exposure.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for TRIVENI.

4.00 analysts

Price Forecast

Current
₹238.44
High Target
₹363.00
▲ +52.2%
Median Target
₹318.50
▲ +33.6%
Low Target
₹272.00
▲ +14.1%
Now₹238.44High ₹363.00Median ₹318.50Low ₹272.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
4 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹152.07 - ₹348.1980%
6M₹123.62 - ₹398.9280%
12M₹90.32 - ₹473.5480%
Realized vol: +64.6% · Drift: +6.7%

Revenue Forecast

₹ Cr
Jun '26Current₹1,581.0
Sep 2026 ETrend estimate range
High₹1,657.2Base₹1,534.4Low₹1,411.7
Jun '25: ₹1,548.0 · Dec '25: ₹1,478.0 · Mar '26: ₹1,508.0 · Jun '26: ₹1,581.0 · Sep '26: ₹1,534.4 · Dec '26: ₹1,434.4
Jun '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,548.01,478.01,508.01,581.01,534.41,434.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.17
Sep 2026 ETrend estimate range
High₹0.13Base₹0.12Low₹0.10
Jun '25: ₹0.10 · Dec '25: ₹3.84 · Mar '26: ₹7.60 · Jun '26: ₹0.17 · Sep '26: ₹0.12 · Dec '26: ₹2.69
Jun '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E0.103.847.600.170.122.69
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
52%
Analyst Consensus
Weakening

From 4 analysts

Mean upside+33.4%

Fundamentals

Weakening

Fundamentals institutional score is 12 using accruals ratio -0.37; growth durability 15.2.

Valuation

Attractive relative to peers

Valuation institutional score is 96 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 81 using mean target upside 33.4%; dispersion penalty 11.4; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 15 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. valuation and analyst consensus provide support, while fundamentals and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus PositiveTechnical Structure Weak StructureMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price318 target
Mean Upside+33.4%
Technical Score15%
Fundamental Score12%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 35.9% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -2.86). Confidence: 87%.

Live forward EPS implies next-12-month EPS of ₹17.07. Applying the stock's normalized valuation corridor produces a fair range of ₹444.84 to ₹510.56, with base value near ₹480.69 (+101.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹17.07

Forward P/E

14.0x

Base Fair Value

₹480.69

Fair Range

₹444.84 - ₹510.56

Upside To Base

+101.6%

Estimate Source

Live forward EPS

Growth Estimate

-15.0%

P/E
Strongly Undervalued

5Y Average

24.51

Current

18.06

Overvalued

29.91

Undervalued

26.06

EV/EBITDA
Strongly Undervalued

5Y Average

17.41

Current

12.83

Overvalued

20.39

Undervalued

14.21

P/S
Strongly Undervalued

5Y Average

1.13

Current

0.83

Overvalued

1.30

Undervalued

0.96

Peers & Comparison

Sector: Consumer Staples · Theme: Sugar

Sugar Peers3 peers
Avg P/E: 37.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
EID PARRY INDIA LTD
EIDPARRYSugar
+15.6%1.5%
25.2x
Undervalued
-32% vs avg
-32.3%
+6.7%6.0%
32.7x
Fair
-12% vs avg
+16.8%
+40.9%13.3%
53.4x
Premium
+44% vs avg
+27.8%
WHY THESE PEERS

TRIVENI ENGG. & INDS. LTD trades at a discount (18.1x vs peer avg 37.1x), suggesting potential undervaluation relative to the Sugar cohort. Peers include EID PARRY INDIA LTD, BALRAMPUR CHINI MILLS LTD, PICCADILY AGRO INDUSTRI L — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.58K CrJun 2026

Latest net profit

₹4.00 CrJun 2026

Latest EPS

₹0.17Jun 2026

Net margin

1.4%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit-550 Cr0.00 Cr550 Cr1.10K Cr1.65K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2025Mar 2026-2.50K Cr0.00 Cr2.50K Cr5.00K Cr7.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

Sales

₹1,581 Cr

-3.0%

Net Profit

₹4 Cr

-98.0%

EBITDA

₹68 Cr

-78.6%

EPS

₹0.17

-98.0%
MetricMar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales1,6291,5481,4781,5081,581
Expenses1,3531,5421,3641,2671,559
Operating Profit276611524122
OPM %16.94%0.4%7.75%15.97%1.38%
Other Income92324810
Interest3038132832
Depreciation3231363631
Profit before tax255-91032295
Tax %26.67%24.17%24.38%26.99%22.01%
Net Profit1832841674
EPS in Rs8.550.103.847.600.17

All values in ₹ Crores unless otherwise stated. Source: Company filings.

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.98%60.98%60.98%60.98%60.58%
FII6.21%5.70%6.96%7.44%7.69%
DII8.87%8.35%8.51%8.21%7.64%
Public23.93%24.96%23.54%23.36%24.10%
Others0.01%0.01%0.01%0.01%
Jun 2026
Promoters
FII
DII
Public