Triveni Turbine Limited (TRITURBINE) — Announcement | 17 August 2026

Triveni Turbine reported Q1 FY2027 revenue of ₹4.43 billion, up 19.2% YoY, driven by 27.4% domestic and 10.8 billion export growth, though EBITDA margin fell to 18% from 25.8% and PAT margin to 15.7% from 23.5%. Export orders now represent 68% of intake, with aftermarket orders growing 54% YoY to 39% of bookings. The order book rose 5.1% to ₹21.8 billion, but export shipment delays due to 3-4x freight rate spikes and vessel shortages pushed revenue recognition to Q2-Q3. Management highlighted progress in U.S. data center and SMR enquiries, API turbine traction in Europe, and R&D on heat pumps and ORC technology for geothermal and low-heat power, while targeting long-term PBT margins above 20%.