Triveni Turbine Limited has submitted its Annual Report for FY 2025-26 and Notice of the 31st Annual General Meeting (AGM) to the stock exchanges, in compliance with Regulation 34 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM is scheduled for Wednesday, September 9, 2026 at 3:30 P.M. (IST) through Video Conferencing/Other Audio Visual Means, with the deemed venue being the company's registered office at 401, BPTP Capital City, Sector 94, Noida, Uttar Pradesh.

Record Financial Performance in FY26

Triveni Turbines delivered its highest-ever consolidated Revenue from Operations at ₹21,811 million in FY26, registering growth of 8.7% over FY25. The performance was driven by strong export momentum, with exports increasing 30.1% year-on-year to ₹12.6 billion and contributing 57.7% of full-year revenue. The following table summarises key consolidated financial metrics:

Profit Before Tax, before the exceptional non-recurring charge of ₹157 million towards employee benefit obligations under the new wage code, stood at ₹4.90 billion, with margins at 22.5%. Profit After Tax was ₹3.49 billion, broadly stable compared to the previous year, impacted by the exceptional charge.

Standalone vs Consolidated Performance

The company also disclosed headline figures for standalone financial statements alongside consolidated results for FY26:

Dividend and Share Capital

The Board declared an interim dividend of 225% (₹2.25 per equity share) at its meeting held on February 3, 2026. At its meeting on May 18, 2026, the Board recommended a final dividend of 200% (₹2 per equity share) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The total dividend for FY 2025-26, including the interim dividend, amounts to 425% (₹4.25 per equity share). The record date for the final dividend is Wednesday, September 2, 2026. The total dividend outlay for FY26 stood at ₹1,351 million. The issued, subscribed and paid-up equity capital as on March 31, 2026 was ₹31,78,94,979, divided into 31,78,94,979 equity shares of ₹1/- each.

Order Book and Business Mix

Order booking remained resilient at ₹23,256 million for FY26. The company closed the year with a healthy order book of ₹20,539 million, reflecting an increase of 8% year-on-year. Key highlights of the order and business mix include:

• Exports accounted for 52% of total order bookings during the year
• Aftermarket order bookings surged 41% year-on-year, with its share rising to 38% from 26% in FY25
• The closing aftermarket order book increased by 106.9% year-on-year
• Approximately 65% of overall order bookings were linked to sustainable and clean energy applications
• REFURB™ order bookings surged by 107% year-on-year, primarily driven by international regions
• The product business contributed ₹14.47 billion, accounting for 62% of total order bookings

AGM Details and Key Dates

The following table summarises key dates and information for the 31st AGM:

The AGM agenda includes adoption of audited standalone and consolidated financial statements for FY 2025-26, confirmation of interim dividend and declaration of final dividend, re-appointment of Mr. Dhruv M. Sawhney (DIN: 00102999) who retires by rotation, ratification of remuneration of M/s. J.H & Associates as Cost Auditors for FY 2026-27 at ₹1,40,000 plus applicable taxes, and re-appointment of Mr. Vijay Kumar Thadani (DIN: 00042527) and Mr. Vipin Sondhi (DIN: 00327400) as Independent Non-Executive Directors for a second term of five consecutive years each.

Key Operational and ESG Highlights

Triveni Turbines reported several operational milestones in FY26:

• Achieved a 40% reduction in assembly throughput time and a 25% improvement in subcontract lead times
• R&D expenditure stood at ₹456.46 million for FY26, with 3.2% of FY26 turnover directed towards new technology and innovation
• 12 innovative turbine variants introduced in FY26, with 28.5% of revenue generated from new products and technological solutions
• Total IPR filings reached 418 globally as of March 31, 2026
• CSR outlay for FY26 was ₹63.68 million against an obligation of ₹63.61 million, positively impacting 77,000 beneficiaries
• CO2 emissions avoided through energy efficiency initiatives stood at approximately 1,138 metric tonnes in FY26
• Zero lost time injury frequency rate (LTIFR) and zero fatalities maintained across all manufacturing operations
• Return on equity stood at 26.3% and return on capital employed at 36.4% for FY26

The Annual Report for FY 2025-26, including the Business Responsibility and Sustainability Report and the AGM Notice, is available on the company's website at www.triveniturbines.com . The statutory auditors M/s. Walker Chandiok & Co. LLP issued an unmodified audit opinion on both standalone and consolidated financial statements for the year ended March 31, 2026. ICRA Limited reaffirmed the company's long-term rating of [ICRA] AA+ (Stable) and short-term rating of [ICRA] A1+ during FY 2025-26.

Triveni Turbines has uploaded the audio recording of its earnings conference call to its official website, providing investors and analysts with access to management's commentary on the company's latest financial performance. The call took place on August 11, 2026, and focused on the standalone and consolidated unaudited financial results for the first quarter ended June 30, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The audio recording covers the financial performance and operational updates for Q1 FY27. Investors can access the recording directly through the link provided on the company's website, ensuring transparency and allowing stakeholders to review management's perspective on the quarter's outcomes without delay.

Management Guidance Highlights

During the concall, management shared key guidance across several operational and financial parameters. The company expressed confidence in achieving top-line and bottom-line growth for FY27, with the extent of growth expected to be on the higher end of double-digits. Management also noted that full-year FY27 revenue and profit growth is expected to be back-ended, indicating stronger performance in the second half of the fiscal year.

On margins, management stated that a Profit Before Tax (PBT) margin of over 20% is maintainable in the medium and long term. Recovery in margins, both in absolute terms and percentage, is anticipated in the second half of FY27.

US Subsidiary Update

Regarding the US subsidiary, management acknowledged that it incurred a substantial loss in Q1 FY27, which was anticipated. Despite this, the company remains confident that the US subsidiary is targeted to break even during the current fiscal year. This reflects management's expectation of an operational turnaround as the year progresses.

Regulatory Compliance

Triveni Turbine Limited adhered to mandatory disclosure norms by promptly informing both BSE Limited and the National Stock Exchange of India Limited about the availability of the earnings call recording. The filing, signed by Pulkit Bhasin, Company Secretary, serves as a record for regulatory compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.