Triveni Turbine earnings calls.

Triveni Turbine reported record Q3 FY26 revenue of ₹624 crore (+24% YoY)Current reported value: record Q3 FY26 revenue of ₹624 crore (+24% YoY). No comparable prior figure is available in the source record. with EBITDA of ₹154Current 154 crore vs previous available quarter 133 crore. crore (+16.9% YoY), though PAT declined 1% to ₹91.7Current reported value: 91.7. No comparable prior figure is available in the source record. crore due to a one-time wage code exceptional charge of ₹15.7 crore. The 9-month performance remained largely flat (+2.3% revenue) as Q1 and Q2 were impacted by slower order booking and delayed dispatches, with management confident of catchup in Q4. Order booking in Q3 fell ~26% YoY to ₹391 croreCurrent ₹391 crore. Reported change: -26% YoY., short by ~₹200 crore due to deferred customer advances—not demand weakness. The NTPC project (₹70 croreCurrent ₹70 crore. Reported change: 50%/50% split FY26/FY27. billed 9M; 50%/50% revenue split between FY26/FY27) created a margin drag. Management maintained FY26 order booking growth guidance versus FY25's ₹2,300+ crore base but expects normalized 20%+ growth resuming from FY28. US subsidiary losses of ₹21.7 croreCurrent ₹21.7 crore. Reported change: Consistent with FY25. (9M) persist; tariff reduction to 18% should accelerate order finalizations. Key growth vectors—geothermal, data center combined-cycle, energy storage, MVR, heat pumps—will meaningfully contribute from FY27. Lumpy quarterly performance will persistCurrent reported value: Lumpy quarterly performance will persist. No comparable prior figure is available in the source record. given larger turbine orders and newer geographic markets.