| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 679.60 | 8.9% | 26.3% |
| Total Income | 696.00 | 8.2% | 24.8% |
| Expenditure | 561.30 | 12.3% | 31.8% |
| PBT | 134.70 | 5.4% | 2.0% |
| Net Profit | 101.90 | 11.1% | 7.7% |
| OPM | 18.83% | 0.14pp | 3.55pp |
| NPM | 14.64% | 0.39pp | 2.32pp |
| EPS | 3.21 | 11.1% | 7.4% |
Triveni Turbine FY26 Revenue Up 9% to ₹21.81 Billion
18 May 2026 · 18 May, 8:42 pm
Summary
Triveni Turbine Limited reported a strong performance for Q4 and FY26, achieving its highest ever quarterly revenue of ₹6.80 billion, up 26.3% year-on-year, and a record annual revenue of ₹21.81 billion for FY26, marking a 9% increase. While Q4 Profit After Tax (PAT) grew by 7.7% to ₹1.02 billion, the full-year PAT saw a 2.5% decline to ₹3.49 billion due to exceptional items related to the new wage code. EBITDA margins for Q4 and FY26 were 21.2% and 24.2% respectively, impacted by project and segment mix. The Chairman & Managing Director commented on a satisfactory performance despite global challenges, driven by healthy execution and strong domestic and export traction, expressing confidence in delivering full-year growth for FY27 supported by a robust order backlog and a healthy enquiry pipeline.
Key Highlights
- 1
Triveni Turbine reported its highest ever quarterly Revenue at ₹6.80 billion for Q4 FY26, marking a significant increase of 26.3% year-on-year.
- 2
For Q4 FY26, Profit After Tax (PAT) stood at ₹1.02 billion, reflecting a 7.7% increase compared to the previous year.
- 3
The company achieved its highest ever annual Revenue of ₹21.81 billion for FY26, growing by 9% year-on-year.
- 4
FY26 Profit After Tax (PAT) declined by 2.5% to ₹3.49 billion, primarily impacted by exceptional items related to the new wage code.
- 5
Order booking for Q4 FY26 surged to ₹7.47 billion, an increase of 19.0% year-on-year, with export order booking growing by 174.1%.
- 6
Triveni Turbine maintained a healthy outstanding order book of ₹20.5 billion at the end of FY26, demonstrating a 7.6% increase year-on-year.
- 7
Exports were a significant growth driver, contributing 60% to Q4 revenue with a 45.8% YoY increase, and 58% to FY26 total revenue, growing 30.1% YoY.
Management Comments
Chairman & Managing Director
Despite a challenging global environment marked by geopolitical disruptions, tariff-related uncertainties, and macroeconomic volatility, we delivered a satisfactory performance for FY 2026, driven by healthy execution across key businesses and strong traction from both domestic and export markets. Q4 FY 26 contributed meaningfully to the full-year results, helping partially offset the softer first half of the year. The growing global emphasis on energy efficiency, decarbonization, renewable thermal solutions, and decentralized power generation continues to create a strong and sustained demand environment across our key markets. The quarter witnessed record revenue and robust order booking momentum, supported by an improved business mix with higher contributions from exports and the aftermarket segment. For the full year as well, order booking remained healthy, particularly driven by aftermarket offerings across refurbishment opportunities in rotary equipment, spanning steam, gas, utility, geothermal turbines. A strong and diversified enquiry pipeline across IPP, steel, cement, and oil & gas, geothermal sectors supported by dedicated manufacturing capabilities in USA and South Africa, further enhances our visibility for the coming periods. While the evolving macroeconomic situation, particularly geopolitical uncertainties in west Asia region, may cause near-term fluctuations, we remain confident of delivering full-year growth, underpinned by a robust order backlog and a healthy enquiry pipeline across sectors. Growing demand opportunities across Europe, Southeast Asia, Africa, and the Americas continue to support healthy order booking and a strong enquiry pipeline, driven by surge in the electricity demand and global transition toward renewable thermal solutions, particularly in biomass and waste-to-energy segments, giving us confidence in continuous growth in FY 27.
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