Triveni Turbines , a leading manufacturer of industrial steam turbines, has announced optimistic projections for its revenue growth in the upcoming quarters. During a recent conference call update, the company's management predicted higher revenue growth for both the third and fourth quarters of the current fiscal year.

Financial Performance

The company's recent financial results provide context for this outlook:

While the second quarter showed modest year-on-year growth, the management's forecast suggests a potentially stronger performance in the latter half of the fiscal year.

Management's Outlook

The company's leadership expressed confidence in accelerated revenue growth for Q3 and Q4. This projection may be attributed to several factors, including:

1. Potential increase in order inflow
2. Possible expansion in domestic and international markets
3. Anticipated improvement in operational efficiencies

Market Implications

Triveni Turbines' outlook may have implications for the industrial machinery sector in India. As a significant player in the steam turbine market, the company's growth expectations could indicate changing market conditions or demand in key industries that utilize its products.

Investor Considerations

Investors should note that these are forward-looking statements. Actual results may vary based on various factors including market conditions, economic environment, and execution of the company's strategies.

The company's ability to meet these growth projections in the coming quarters will likely be closely watched by market analysts and investors.

Triveni Turbines continues to demonstrate resilience in the current economic environment, and its forecast for the second half of the fiscal year may position it as a prospect for investors considering the capital goods sector.

As always, investors are advised to conduct their own research and consider their risk appetite before making investment decisions based on management forecasts.

Triveni Turbine Limited , a leading manufacturer of industrial steam turbines, has reported a strong performance for the second quarter of fiscal year 2026, marked by record order bookings and strategic moves to enhance its global footprint.

Record Order Booking

The company achieved a record order booking of ₹6.52 billion in Q2 FY26, representing a 14% year-over-year increase. This surge in orders has led to an all-time high total order book of ₹22.2 billion as of September 30, 2025, up 24% compared to the same period last year.

Financial Performance

For Q2 FY26, Triveni Turbine reported:

The company's EBITDA margins improved slightly, indicating stable operational efficiency.

Domestic and Export Performance

Domestic order booking grew significantly by 52% year-over-year to ₹4.07 billion, contributing 62% of the overall order booking in the quarter. However, export order booking declined by 19% to ₹2.46 billion, which the company attributed to global trade uncertainties.

Aftermarket Segment Growth

The Aftermarket segment showed robust performance:

• Record order booking of ₹1.99 billion, up 15% year-over-year
• Turnover reached ₹1.78 billion, an increase of 8% year-over-year
• Contribution to total turnover enhanced to 35% in Q2 FY26, compared to 33% in Q2 FY25

Strategic Acquisition

Triveni Turbine's wholly-owned subsidiary, Triveni Turbines DMCC, acquired the remaining 30% equity stake in TSE Engineering Pty. Ltd. (South Africa) for ₹56 million. This acquisition aims to consolidate ownership, enhance operational control, and streamline processes for better alignment with the Group's long-term business goals.

Future Outlook

Mr. Dhruv M. Sawhney, Chairman and Managing Director, expressed confidence in the company's growth trajectory, citing strong market position and consistent performance. He noted that the outstanding order book has nearly doubled over the past three years, providing good visibility for the near term.

The company remains optimistic about its new product and technology introductions, which are expected to drive healthy growth in the coming years. Management anticipates that performance for FY26 will be back-ended, leading to a positive growth outlook.

Triveni Turbine's focus on expanding its Aftermarket business, coupled with its strong presence in domestic markets and diversified global enquiry pipeline, positions the company well for sustained growth in the industrial steam turbine sector.

About Triveni Turbine Limited

Triveni Turbine Limited is a focused corporation with core competency in the area of steam turbines manufacturing up to 100 MW size. The company is one of the world's largest manufacturers of steam turbines for industrial applications and has executed projects in over 70 countries.