Triveni Engineering Q4 FY25 Results: Strong Revenue Surge, Margin Pressure Evident
📝 Introduction
Triveni Engineering & Industries Ltd. (TEIL) reported a solid performance in Q4 FY25, driven by robust revenue growth across key verticals, especially Power Transmission. The company posted a healthy 16.2% YoY increase in net profit and a 24.4% YoY rise in gross revenue. However, margin compression persisted due to rising input costs, particularly in the Sugar and Alcohol segments.
💡 Financial Highlights – Q4 FY25
| Metric | Q4 FY25 | Q4 FY24 | YoY Growth |
|---|---|---|---|
| Gross Revenue | ₹1,925.3 Cr | ₹1,548.1 Cr | 24.40% |
| Operating Revenue | ₹1,629.3 Cr | ₹1,302 Cr | 25.10% |
| EBITDA | ₹317.4 Cr | ₹261 Cr (approx) | 21.50% |
| EBITDA Margin | 19.50% | 20.10% | ↓ 60 bps |
| Net Profit | ₹187.1 Cr | ₹161 Cr | 16.20% |
| EPS | ₹ 8.55 | ₹ 7.36 | 16.20% |
💰 Dividend Announcement
- ✅ Final Dividend Proposed: ₹2.50 per equity share (250% on ₹1 FV)
- 🗓 Subject to: Shareholder approval in the upcoming AGM
📊 Key Financial Metrics (QoQ & YoY)
| Metric | Q4 FY25 (Mar'25) | Q3 FY25 (Dec'24) | Q4 FY24 (Mar'24) |
|---|---|---|---|
| Sales | ₹1,629 Cr | ₹1,268 Cr | ₹1,302 Cr |
| Expenses | ₹1,321 Cr | ₹1,191 Cr | ₹1,057 Cr |
| Operating Profit | ₹308 Cr | ₹77 Cr | ₹246 Cr |
| PBT | ₹255 Cr | ₹58 Cr | ₹217 Cr |
| Net Profit | ₹187 Cr | ₹43 Cr | ₹161 Cr |
📉 Key Financial Ratios
| Ratio | Q4 FY25 | Q3 FY25 | Q4 FY24 | Trend |
|---|---|---|---|---|
| OPM % | 19% | 6% | 19% | Recovered QoQ |
| Net Profit Margin | 11.50% | 3.40% | 12.40% | Lower YoY, ↑ QoQ |
| EPS (Rs) | 8.36 | 2.2 | 7.36 | ↑ YoY & QoQ |
🏗️ Strategic Developments
- Power Transmission business: Exceptional growth with 26.8% revenue increase, strong profitability and order intake.
- Alcohol segment: Commissioned a multi-feed distillery at Rani Nangal.
- Sugar segment: Margins pressured due to higher sugarcane cost and poor recovery rates.
- Losses from subsidiary (SSEL) and feedstock issues affected Alcohol margins.
✅ Positives & ❌ Negatives
✅ Positives
- Strong revenue growth YoY (+25%).
- EPS improved both QoQ and YoY.
- Power Transmission business outperformance.
- Dividend payout maintained.
❌ Negatives
- Margin pressure due to rising raw material and input costs.
- Lower profitability in Alcohol and Sugar segments.
- One-off losses from subsidiary (SSEL).
- Higher depreciation and interest costs impacted bottom-line.
📉 Market Reaction & Street View
- Stock Movement: Rose over 10% intraday post-results, settled up 8.46% at ₹460.40.
- Investor Sentiment: Positive reaction to Q4 rebound despite annual margin pressures.
- Brokerage Commentary:
- Analysts highlight Power Transmission as a key growth lever.
- Some brokerages likely to revise FY26 targets upwards post Q4 performance.
🔮 Final Outlook
Triveni Engineering has delivered a strong Q4 comeback, especially in revenue and segment-specific performance. However, the full-year profit pressure underlines the need for structural cost control in Sugar and Alcohol. The Power Transmission segment offers a compelling growth narrative. With stable dividends and strategic expansions, the long-term outlook remains cautiously optimistic.
🔗 External Links
For detailed financials and official updates, visit: Triveni Engineering & Industries Official Site
⚠️ Disclaimer
This summary is based on publicly available information from official filings, press releases, and financial news sources. It is provided for informational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Readers are advised to conduct their own research or consult with a qualified financial advisor before making any investment decisions. Read the Disclaimer page for more details.