Triveni Turbine Reports Q1 FY27 Results; Sees Strong Growth in Order Books and Aftermarket Segment

Triveni Turbine Reports Q1 FY27 Results; Sees Strong Growth in Order Books and Aftermarket Segment​

Triveni Turbine Limited has announced its performance for the first quarter of Financial Year 2027 (Q1 FY27), reporting revenue growth despite prevailing market challenges. The company highlighted a robust order intake, with significant contributions from exports and the aftermarket business segment.

According to management commentary provided by Chairman & Managing Director Mr. Dhruv Sawhney, Q1 remained challenging but saw revenue growth of 19.2% year-on-year (Y-o-Y). Revenue from operations stood at ₹ 4.43 billion. Margins during the quarter were impacted by an unfavorable mix, price escalation, and delivery phasing across strategic orders.

Despite these challenges, the underlying business continued to strengthen. The company’s order booking for Q1 was strong, growing 6.1% Y-o-Y to ₹ 5.68 billion. This performance was driven by a heightened share of exports (contributing 68%) and aftermarket services (contributing 39%).

The closing order book stood at ₹ 21.80 billion, marking a 5.1% growth Y-o-Y. The aftermarket order book specifically more than doubled to ₹ 6.24 billion, driven by wins in the geothermal and utility segments and ongoing traction in performance optimization and refurbishment solutions.

The company maintains strong visibility for upcoming periods due to a diversified enquiry pipeline across oil & gas, biomass, waste-to-energy, utility, and process co-generation segments, alongside a domestic base serving steel, cement, sugar, and distillery industries.

Industry Trends and Strategic Focus​

Triveni Turbine Limited operates as a global leader in industrial steam turbine solutions, manufacturing high-efficiency turbines up to 100 MW. The company has established an extensive global footprint with presence across over 80 countries.

The global energy sector is witnessing substantial growth in the steam turbine market, which was reported to expand at a robust 17.7% Compound Annual Growth Rate (CAGR) during the period 2021-2025, expanding from 60 GW to 116 GW.

Triveni's strategic priorities are heavily focused on innovation and sustainability. The company emphasizes its "Triveni REFURB" division, providing upgrades, automation, and efficiency enhancement for rotating equipment up to 1,000 MW, supported by facilities in India, the USA, and South Africa. The company also highlighted a strong focus on ESG (Environmental, Social, and Governance) principles, noting that its manufacturing facilities are Green Factories.

Q1 FY27 Key Financial Indicators Summary​

The following table summarizes key financial indicators for Triveni Turbine Limited for Q1 FY27:

Q1 FY27: Key Financial Indicators​

The table below presents select financial indicators for the quarter, including PAT and PAT Margin, alongside working capital status.

TRITURBINE Stock Price Movement​

Shares of Triveni Turbine Limited today slipped by 0.54% to settle at ₹636.75, closing down ₹3.45 in trading. The stock saw a volume of 455,628 shares traded during the session.