Triveni Engineering & Industries delivered a strong H1 FY26!
Overall net revenue climbed 18% to ₹3,304 Cr, fueled by 21% growth in Sugar & Allied and 8% in Engineering.
Profit before tax (PBT) soared 178% to ₹32 Cr, largely thanks to improved distillery operations and Power Transmission performance.
Sugar business profitability was subdued due to off-season.
Strategic focus areas include enhancing distillery profitability by optimizing input costs, expanding IMIL/IMFL market reach, and boosting Power Transmission's global footprint with new products and a European subsidiary.
The Water business anticipates future growth traction.
Recent updates: The Board-approved restructuring plan (SSEL amalgamation, PTB demerger) received stock exchange clearances.
A new European subsidiary was set up for Power Transmission, and the company booked ₹16.81 Cr from revised power tariffs.
H1 FY26 EPS jumped to ₹1.38. Power Transmission's order book grew 15.4% YoY to ₹398 Cr.
Consolidated gross debt stands at ₹753 Cr.
Management is positive on the healthy sugarcane crop and continued distillery gains, while advocating for a higher sugar Minimum Support Price.
Power Transmission expects double-digit growth ahead.
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