Triveni Turbine Limited has announced a significant move to strengthen its global presence and operational control. The company's wholly owned subsidiary, Triveni Turbines DMCC-Dubai, has executed a Sale of Shares Agreement to acquire the remaining 30% equity shares of TSE Engineering Pty. Ltd., a South African company specializing in high-precision engineering repairs and servicing of machinery in sugar and other industrial plants.

Acquisition Details

About TSE Engineering

TSE Engineering, incorporated in South Africa in 2015, has shown significant growth in recent years. The company's turnover has increased substantially over the past three financial years:

Strategic Objectives

The acquisition aligns with Triveni Turbine's strategic objectives, aiming to:

1. Consolidate ownership and strengthen operational control
2. Simplify the group structure
3. Enhance decision-making agility
4. Realize operational synergies through unified management
5. Streamline processes and improve resource allocation

Regulatory Compliance

The transaction is considered a Related Party Transaction under SEBI Listing Regulations but is being carried out at arm's length. No governmental or regulatory approvals are required for this acquisition.

Future Outlook

This strategic move is expected to bolster Triveni Turbine's presence in the South African Development Community (SADC) region. By fully integrating TSE Engineering, the company aims to leverage its expertise in high-precision engineering repairs and servicing of industrial machinery, potentially expanding its service offerings and market reach.

The acquisition reflects Triveni Turbine's commitment to strengthening its global footprint and enhancing its capabilities in the industrial machinery sector. As the company moves towards completing this transaction, stakeholders will be keen to observe how this full ownership translates into improved operational efficiencies and financial performance in the coming years.

Triveni Turbine , a leading manufacturer of industrial steam turbines, has projected revenue and order book growth for the fiscal year 2026 (FY26), despite expectations of a flat performance in the first half compared to the previous year. The company foresees growth momentum picking up after nine months, with significant expansion anticipated in the fourth quarter.

Delayed Revenue Growth

According to company sources, revenue growth in FY26 is expected to be delayed due to order execution timing issues. Despite this setback, management remains optimistic about long-term growth prospects for the company.

Q1 Challenges and Future Outlook

While Triveni Turbine acknowledges challenges in the first quarter, it maintains a positive outlook for the latter part of FY26. The growth trajectory is expected to begin after a nine-month period, with the fourth quarter projected to show notable improvement.

Organic Rankine Cycle Market Update

Triveni Turbine plans to provide updates on the Organic Rankine Cycle market during its upcoming earnings call. This information could offer insights into potential new revenue streams and market opportunities for the company.

Q1 FY26 Results

As per the LODR data, Triveni Turbine held an earnings conference call on August 5, 2025, to discuss the standalone and consolidated unaudited Financial Results for the first quarter ended June 30, 2025. The audio recording of this call has been made available on the company's website, indicating transparency in communication with investors and analysts.

Investor Communication

In line with regulatory requirements, Triveni Turbine has published newspaper advertisements on August 5, 2025, providing extracts of its unaudited Financial Results for the first quarter ended June 30, 2025. These advertisements appeared in:

• Business Standard (English and Hindi)
• Business Line (English)

This wide dissemination of the company's financial performance ensures compliance with regulatory standards and demonstrates a commitment to transparency.

While specific financial figures were not provided in the available data, the company's proactive approach to investor communication suggests a strong focus on keeping stakeholders informed.

As Triveni Turbine navigates through the anticipated flat performance in the first half of FY26, investors and market watchers will likely keep a close eye on the company's quarterly results and management commentary for signs of the projected growth in the latter part of the fiscal year.