Triveni Engineering & Industries Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030
If you are looking for “Triveni Engineering & Industries Share Price Target” for upcoming years, then you are in the right place. In this post, we analyze the stock price targets of Triveni Engineering & Industries for 2023, 2024, 2025, 2026, 2027, 2028, and 2030. Triveni Engineering & Industries is a producer of high-quality potable alcohol and fuel-grade ethanol and one of the largest integrated sugar manufacturers in India, with a presence in seven state-of-the-art FSSC 22000 certified sugar units.
About Triveni Engineering & Industries Ltd
Triveni Engineering & Industries Ltd., incorporated in 1932, is a small-cap company with a market cap of ₹ 6,809.03 crore, operating in the sugar sector. Its key products and revenue segments include sugar, contract revenue, other operating revenue, sale of services, and scrap.
Triveni Engineering & Industries Limited is one of the largest integrated sugar manufacturers in India and a market leader in its engineering businesses, which span power transmission, water and wastewater treatment solutions, and defence. If you want to know more, visit www.trivenigroup.com.
For FY 2022, the company has reported a consolidated total income of ₹ 4,313.13 crore, down 8.32 percent from last year’s total income of ₹ 4,704.57 crore. The company reported a net profit after tax of ₹ 424.06 crore.
Financials
Consolidated
Standalone
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 4,313.13 | 4,704.57 | 4,472.90 | 3,215.37 | 3,386.14 |
| Total Revenue Growth (%) | (8.32) | 5.18 | 39.11 | (5.04) | 18.74 |
| Total Expenses | 3,791.81 | 4,246.69 | 4,047.67 | 2,967.79 | 3,235.53 |
| Total Expenses Growth (%) | (10.71) | 4.92 | 36.39 | (8.27) | 30.11 |
| Profit after Tax (PAT) | 424.06 | 294.60 | 335.12 | 216.28 | 119.14 |
| PAT Growth (%) | 43.94 | (12.09) | 54.95 | 81.53 | (52.90) |
| Operating Profit Margin (%) | 13.42 | 10.90 | 11.37 | 10.01 | 7.00 |
| Net Profit Margin (%) | 9.88 | 6.30 | 7.55 | 6.86 | 3.53 |
| Basic EPS (₹) | 17.54 | 12.01 | 13.32 | 8.39 | 4.62 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 4,297.48 | 3,619.95 | 4,046.01 | 3,805.04 | 3,032.24 |
| Total Assets Growth (%) | 18.72 | (10.53) | 6.33 | 25.49 | (2.43) |
| Total Liabilities | 2,384.62 | 2,064.28 | 2,707.34 | 2,664.51 | 2,085.89 |
| Total Liabilities Growth (%) | 15.52 | (23.75) | 1.61 | 27.74 | (8.20) |
| Total Equity | 1,912.85 | 1,555.67 | 1,338.67 | 1,140.52 | 946.35 |
| Total Equity Growth (%) | 22.96 | 16.21 | 17.37 | 20.52 | 13.28 |
| Net Worth | 1,912.86 | 1,555.67 | 1,338.67 | 1,140.53 | 946.35 |
| Current Ratio (x) | 1.36 | 1.43 | 1.26 | 1.18 | 1.01 |
| Total Debt to Equity (x) | 0.82 | 0.56 | 1.04 | 1.41 | 1.17 |
| Contingent Liabilities | 172.31 | 206.54 | 118.65 | 146.01 | 94.1 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 22.16 | 18.93 | 25.03 | 18.96 | 12.58 |
| Return on Capital Employed (%) | 23.83 | 24.60 | 26.01 | 19.49 | 22.17 |
| Return on Assets (%) | 9.86 | 8.13 | 8.28 | 5.68 | 3.92 |
| Interest Coverage Ratio (x) | 12.04 | 9.87 | 6.36 | 4.64 | 2.76 |
| Asset Turnover Ratio (x) | 1.12 | 129.12 | 109.65 | 82.83 | 111.16 |
| Price to Earnings (x) | 17.76 | 6.94 | 2.70 | 7.27 | 8.85 |
| Price to Book (x) | 3.93 | 1.31 | 0.68 | 1.38 | 1.11 |
| EV/EBITDA (x) | 13.79 | 4.93 | 3.90 | 8.48 | 7.41 |
| EBITDA Margin (%) | 15.30 | 12.59 | 13.06 | 11.82 | 8.64 |
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 4,313.77 | 4,698.33 | 4,463.64 | 3,219.18 | 3,394.79 |
| Total Revenue Growth (%) | (8.18) | 5.26 | 38.66 | (5.17) | 18.91 |
| Total Expenses | 3,783.82 | 4,244.63 | 4,045.01 | 2,967.44 | 3,235.35 |
| Total Expenses Growth (%) | (10.86) | 4.93 | 36.31 | (8.28) | 30.10 |
| Profit after Tax (PAT) | 382.17 | 273.31 | 327.49 | 220.56 | 109.74 |
| PAT Growth (%) | 39.83 | (16.54) | 48.48 | 100.98 | (53.01) |
| Operating Profit Margin (%) | 13.55 | 10.83 | 11.25 | 10.14 | 7.26 |
| Net Profit Margin (%) | 8.94 | 5.85 | 7.40 | 6.99 | 3.25 |
| Basic EPS (₹) | 15.81 | 11.14 | 13.01 | 8.55 | 4.25 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 4,034.76 | 3,457.49 | 3,936.02 | 3,733.86 | 2,966.74 |
| Total Assets Growth (%) | 16.70 | (12.16) | 5.41 | 25.86 | (2.79) |
| Total Liabilities | 2,260.54 | 1,994.26 | 2,665.37 | 2,655.57 | 2,085.88 |
| Total Liabilities Growth (%) | 13.35 | (25.18) | 0.37 | 27.31 | (8.28) |
| Total Equity | 1,774.22 | 1,463.24 | 1,270.65 | 1,078.29 | 880.87 |
| Total Equity Growth (%) | 21.25 | 15.16 | 17.84 | 22.41 | 13.27 |
| Net Worth | 1,774.22 | 1,463.23 | 1,270.65 | 1,078.29 | 880.86 |
| Current Ratio (x) | 1.39 | 1.44 | 1.28 | 1.18 | 1.01 |
| Total Debt to Equity (x) | 0.84 | 0.56 | 1.09 | 1.49 | 1.26 |
| Contingent Liabilities | 166.31 | 204.44 | 115.41 | 142.89 | 91.11 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 21.53 | 18.67 | 25.77 | 20.45 | 12.45 |
| Return on Capital Employed (%) | 26.63 | 26.64 | 27.03 | 20.53 | 24.50 |
| Return on Assets (%) | 9.47 | 7.90 | 8.32 | 5.90 | 3.69 |
| Interest Coverage Ratio (x) | 13.34 | 9.82 | 6.28 | 4.70 | 2.87 |
| Asset Turnover Ratio (x) | 1.14 | 134.89 | 112.38 | 84.40 | 113.61 |
| Price to Earnings (x) | 19.72 | 7.48 | 2.77 | 7.12 | 9.61 |
| Price to Book (x) | 4.24 | 1.40 | 0.71 | 1.46 | 1.20 |
| EV/EBITDA (x) | 13.63 | 4.89 | 3.95 | 8.40 | 7.27 |
| EBITDA Margin (%) | 15.44 | 12.52 | 12.94 | 11.95 | 8.81 |
Important Note: These price targets of “Triveni Engineering & Industries Ltd Ltd” are only for reference purpose only, short-term and long-term Triveni Engineering & Industries Ltd stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
Share Price Target for Triveni Engineering & Industries Ltd. 2023
In terms of financial performance, the company reports its highest ever profitability during the fiscal year 2022. The consolidated profit before tax (PBT) stood at ₹ 573.75 crore—a marked rise of 24.8%—while revenue from consolidated revenue from operations (net of excise duty) was ₹ 4,290.9 crore for the year. The consolidated profit after tax increased by 43.9% to ₹ 424.06 crore. If we analyze the 52 week performance of the stock it touches highest to ₹ 374.50 and lower to ₹ 211.05.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 330 | ₹ 360 |
Share Price Target for Triveni Engineering & Industries Ltd. 2024
From a broad viewpoint, the company is considering raising the minimum sale price of sugar in the sugar segment. This move will revitalise industry growth and result in more advancement for the company in this market. As the company’s expanded capacity starts to operate, they will move towards greater sales and profitability in the distillery area. The company intends to increase its footprint across geographies and in international markets in the power transmission sector in the upcoming years to raise sales and profitability.
| Year | First Target | Second Target |
|---|---|---|
| 2024 | ₹ 420 | ₹ 460 |
Share Price Target for Triveni Engineering & Industries Ltd. 2025
The company sees strong potential in the engineering sector for future growth, given the rise in demand for industrial gearboxes in key industries, especially cement, biomass and agricultural waste, steel, and oil and gas. which the company is expected to benefit.
The company notched a 16% increase in turnover during the year. The growth has been driven mainly by the Power Transmission business, which reported its highest-ever annual revenues across segments, including export markets.
| Year | First Target | Second Target |
|---|---|---|
| 2025 | ₹ 510 | ₹ 560 |
Share Price Target for Triveni Engineering & Industries Ltd. 2026
The company is also extremely optimistic about futuristic growth in the defence segment, where it currently has a strong pipeline with some niche orders from the Indian Navy, for whom they are a preferred partner in this segment.
The company shall focus on gaining a foothold in multiple indigenous product categories through the development of its own technology as well as through technology collaborations.
| Year | First Target | Second Target |
|---|---|---|
| 2026 | ₹ 610 | ₹ 650 |
Share Price Target for Triveni Engineering & Industries Ltd. 2027
The government’s emphasis on capacity building and infrastructure development through water management and conservation programmes is driving a massive increase in demand for water treatment solutions. If we talk about the water business of the company, it is also slated for scale-up in the near future. The company’s focus in this industry is still on increasing operational effectiveness because doing so would lead to higher profitability and future growth. On the water business, the management is optimistic about the award of tenders, which they have been anticipating over the past few years to grow their business.
| Year | First Target | Second Target |
|---|---|---|
| 2027 | ₹ 700 | ₹ 750 |
Share Price Target for Triveni Engineering & Industries Ltd. 2028
Management is also planning to diversify and expand the company’s business. Management believes that we are well positioned to harness this opportunity on the back of our core strengths, expertise, and experience, aided by our deep insights into market trends and drivers. Both the Sugar and Engineering business segments of the company are well positioned to drive the company’s next level of growth.
| Year | First Target | Second Target |
|---|---|---|
| 2028 | ₹ 820 | ₹ 880 |
Share Price Target for Triveni Engineering & Industries Ltd. 2030
The company has a diversified product base and a strong presence in the market. The company’s strong market presence, cost controls, and operating leverage in the market ultimately translate into profitability. Through this, the growth of the company is expected to continue into the future as well.
| Year | First Target | Second Target |
|---|---|---|
| 2030 | ₹ 1,100 | ₹ 1,350 |
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Triveni Engineering & Industries Limited share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 330 | ₹ 360 |
| 2024 | ₹ 420 | ₹ 460 |
| 2025 | ₹ 510 | ₹ 560 |
| 2026 | ₹ 610 | ₹ 650 |
| 2027 | ₹ 700 | ₹ 750 |
| 2028 | ₹ 820 | ₹ 880 |
| 2030 | ₹ 1,100 | ₹ 1,350 |
Recommendations: Invest in Triveni Engineering & Industries Limited stock or sell it?
According to the Forecast System, Triveni Engineering & Industries Ltd.’s stock is good for investment purposes. According to the stock analyst, the company stock will have a positive trend in the future, and Triveni Engineering & Industries Ltd. shares can be a good investment to make money. The outlook for this stock is positive. You can choose this stock for your investment portfolio.
FAQ’s
What is the PE ratio (price-earnings ratio) of Triveni Engineering & Industries Ltd.?
The current PE ratio of Triveni Engineering & Industries Ltd. is 3.97.
What is the 52-week high and low of Triveni Engineering & Industries Ltd.'s share price?
Triveni Engineering & Industries Ltd. share price saw a 52-week high of ₹ 374.50 and a 52-week low of ₹ 211.05.
What will Triveni Engineering & Industries Ltd.'s share price target be for 2024?
The first target of Triveni Engineering & Industries Ltd.'s share price can be at or below ₹ 420 and the second one is at or below ₹ 460 in 2024.
What will be the Triveni Engineering & Industries Ltd. share price target in the next 5 years?
The first target for Triveni Engineering & Industries Ltd.'s share price in the next five years is ₹ 820, and the second target is ₹ 880.
What will be the Triveni Engineering & Industries Ltd. share price target in the next 7 years?
In the next 7 years, the first target for Triveni Engineering & Industries Ltd.'s share price can be ₹ 1,100, and the second is ₹ 1,350.
Is it profitable to invest in Triveni Engineering & Industries Ltd. stock?
According to the stock analyst, the company stock will have a positive trend in the future, and Triveni Engineering & Industries Ltd. shares can be a good investment to make money.
What are the key metrics to analyze Triveni Engineering & Industries Ltd.'s share price?
Triveni Engineering & Industries Ltd.'s share price can be quickly analyzed on the basis of the following parameters:
- Stock's PE: 3.97
- Dividend Yield: 1.16%
- Price to Book Ratio: 3.55
- EPS: ₹ 70.76
Note: For detailed ratios, refer to the financials section.
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