Triveni Turbine share price

Triveni Turbine Shares Soar 11%: Record Revenue and Export Orders Fuel Q2 FY25 Success

Triveni Turbine Ltd., a leading power generation equipment manufacturer, has reported its best-ever quarterly performance for the second quarter of FY25, with revenue soaring to ₹501 crore and profits jumping by 42% year-over-year (YoY). The remarkable financial results have fueled a rally in Triveni’s stock, which surged 11.2% to ₹695 in early trade on Tuesday, November 12, snapping a three-day losing streak.

Strong Q2 FY25 Performance Drives Stock Rally

Triveni’s stock climb reflects investor confidence in its continued growth potential, supported by record-breaking revenue and profit numbers. The company’s quarterly revenue of ₹501 crore marks a 29% increase from ₹388 crore in Q2 FY24, while domestic sales grew by 32% to ₹279 crore and exports surged 26% to ₹222 crore.

Alongside impressive revenue gains, Triveni’s EBITDA rose by 47% to ₹131 crore, with EBITDA margins reaching 26.1%—an improvement of 320 basis points over last year’s 22.9%. Net profit after tax jumped 42% YoY to ₹91 crore, underscoring strong operational efficiencies and sales momentum.

Robust Order Book Signals Future Growth Potential

Triveni’s total order bookings hit ₹572 crore for Q2 FY25, a 25% YoY increase compared to ₹459 crore in Q2 FY24. Notably, export order bookings rose by 50% to ₹304 crore, accounting for 53% of total orders. The company’s consolidated outstanding order book reached a record ₹1,796 crore as of September 30, 2024, with exports making up 60.52% of this backlog.

This substantial order pipeline underscores Triveni’s strong positioning in both domestic and international markets, providing a solid foundation for continued revenue and profit growth.

Expanding Aftermarket Services Enhance Revenue Streams

Triveni’s aftermarket business—offering spare parts, maintenance services, and turbine refurbishments—shows promising growth potential. This expansion allows the company to cater to a broad base of customers across multiple turbine types, including steam, gas, utility, and geothermal turbines. Triveni expects aftermarket services to complement its core business, further enhancing revenue stability and customer retention.

Outlook: Sustained Growth Across Domestic and Global Markets

Triveni’s management remains optimistic about the company’s performance over the medium term, buoyed by demand for renewable, API, and Industrial Power Generation (IPG) turbines. Strategic market expansions, particularly in export-driven sectors, are anticipated to fuel profitability and growth opportunities in the coming years.

Stock Performance: A Phenomenal 882% Gain in Four Years

Triveni Turbine’s share price has delivered stellar returns over the past four years, skyrocketing 882% from ₹69.90 to ₹687. The company has consistently generated positive returns, including a remarkable 131% gain in 2021, followed by 38% and 63% gains in the next two years. In 2024 alone, the stock has surged an additional 63% and reached an all-time high of ₹844 in August.

Conclusion:

Triveni Turbine’s record-breaking Q2 FY25 results and robust order book underscore its strategic growth and expanding market presence, both domestically and internationally. Triveni Turbine share price, With a strong pipeline of orders and a growing aftermarket business, Triveni is well-positioned to continue delivering value to shareholders in the coming quarters.