Triveni Turbine Limited Share Price and Company Fundamentals
Last traded: Today at 9:44 AM
Triveni Turbine Limited manufactures and supplies power generating equipment and solutions in India. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; and API compliant steam turbines, as well as spares parts. It also engages in the provision of a range of steam turbine service solutions, such as predictive and preventive maintenance, long term service agreements, troubleshooting and health check-up, automation solutions, improvement and restoration, up gradation, modification and conversion package, balance of plant solutions, turnkey solutions, operation and maintenance, high speed balancing, high speed balancing, remote monitoring & diagnostic solution, and training programs; and trading of steam turbines. The company's turbines are used in various applications, such as co-generation, combined heat & power generation, waste to energy, captive power generation, and independent power generation. It serves barge mounted and biomass independent power plants (IPPs), carbon black, cement, chemicals and fertilizers, distillery, district heating, food and beverage, municipal solid waste IPPs, oil and gas, palm oil, pulp and paper, steel, sugar, and textile industries. The company also exports its products. Triveni Turbine Limited was incorporated in 1995 and is headquartered in Bengaluru, India.
Key Metrics
PE ratio
18.63
PB ratio
5.88
Dividend yield
0.81%
Beta
0.79
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Specialty Industrial Machinery / Industrials |
|---|---|
| Website | https://www.triveniturbines.com |
| Mailing address | 12-A, Peenya Industrial Area Peenya Bengaluru 560058 India |
| Phone / Fax | 91 80 2216 4000 / 91 80 2216 4100 |
Dividends
Dividend yield
0.81%
Dividend amount
₹1.25
Payout ratio
19.14%
Triveni Turbine Limited paid ₹1.25 dividend and the ex-dividend date was 08 Nov 2021.The dividend payout ratio is 19.14%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TRITURBINE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
TRITURBINE's forward dividend amount is ₹1.6 and the forward dividend yield is 1.03%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Triveni Turbine Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Dhruv Manmohan Sawhney | Chairman & MD | 77 | |
| Mr. Nikhil Sawhney | Vice Chairman & MD | 44 | 56.49M |
| Mr. Lalit Kumar Agarwal | VP & CFO | ||
| Mr. Arun Prabhakar Mote | Exec. Director | 68 | 29.96M |
| Mr. Parab V. Sachin | Pres & Global Bus. Head | 49 | |
| S. N. Prasad | Pres | ||
| Ms. Surabhi Chandna | Gen. Mang. of Investor Relations & Value Creation | ||
| Mr. Rajiv Sawhney | Compliance Officer & Company Sec. | ||
| Mr. C.N. Narayanan | Media Relations Contact |
Profitability and management effectiveness
Profit margin
31.70%
Operating margin
16.71%
Return on assets
7.82%
Return on equity
36.15%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Triveni Turbine Limited is and its enterprise value is .
The TRITURBINE's stocks Beta value is 0.79 making it 21% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Triveni Turbine Limited (NSE:TRITURBINE) Frequently Asked Questions
1. What is Triveni Turbine Limited's Stock Symbol?
Triveni Turbine Limited trades on NSE under the ticker symbol "TRITURBINE".
2. What is Triveni Turbine Limited's stock price today?
One share of TRITURBINE stock can currently be purchased for approximately ₹157.75.
3. How can I contact Triveni Turbine Limited?
Triveni Turbine Limited's mailing address is 12-A, Peenya Industrial Area Peenya Bengaluru 560058 India. The company can be reached via phone at 91 80 2216 4000.
4. What is Triveni Turbine Limited's official website?
The official website of Triveni Turbine Limited is https://www.triveniturbines.com.