Triveni Turbine Limited has announced its financial results for the fourth quarter and the fiscal year ending March 31, 2026, showcasing record revenues and strong export growth. The company reported its highest-ever quarterly revenue of ₹6.80 billion for Q4 FY26, marking a 26.3% increase year-on-year. Export revenue constituted 60% of the total, increasing by 45.8% compared to the previous year.
For the full fiscal year, Triveni Turbine achieved a record annual revenue of ₹21.81 billion, reflecting a 9% growth from the previous year. Exports played a significant role, contributing 58% of the total revenue and growing by 30.1% year-on-year. However, the EBITDA margin for the year declined to 24.2% from 25.8% in FY25, impacted by an adverse project and segment mix.
The company’s Profit After Tax (PAT) for the fiscal year stood at ₹3.49 billion, a slight decline of 2.5% year-on-year, affected by exceptional items related to the new wage code. Despite this, order bookings remained robust at ₹23.26 billion, with exports contributing 52% of the total. The aftermarket order bookings saw a substantial increase, growing by 41.3% and accounting for 38% of the total order bookings for the year.
During Q4 FY26, Triveni Turbine’s order bookings reached ₹7.47 billion, a 19% increase from the previous year, with export orders showing a 174.1% surge. The aftermarket segment also demonstrated strong performance, with order bookings growing by 121% year-on-year.
The company’s Chairman and Managing Director commented on the performance, highlighting the satisfactory results despite a challenging global environment marked by geopolitical disruptions and macroeconomic volatility. He emphasised the company’s focus on energy efficiency, decarbonisation, and renewable thermal solutions, which continue to drive demand across key markets.
Triveni Turbine’s closing order book as of March 31, 2026, was valued at ₹20.54 billion, an 8% increase year-on-year, with exports contributing 51% of the total. The company remains optimistic about sustained growth, supported by a strong order backlog and a healthy enquiry pipeline across sectors.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).