TRIVENI TURBINE LIMITED

During the Q1 FY 2027 earnings conference call, management reported a revenue increase of 19.2% year-on-year, reaching ₹4.43 billion, with domestic sales growing by 27.4% and exports by 10.8%. However, profitability declined, with EBITDA margins falling to 18% from 25.8% due to a softer order mix and delivery phasing of strategic orders. The order booking for the quarter was ₹5.68 billion, a 6.1% increase year-on-year, primarily driven by exports and aftermarket orders. Management noted a significant growth in the aftermarket business, which accounted for 39% of total order bookings. Despite challenges in the domestic market, management expressed optimism about future growth, particularly in international markets, and highlighted ongoing investments in research and development to enhance product offerings. The overall order book stood at ₹21.8 billion, reflecting a 5.1% year-on-year increase, with a strong focus on expanding capabilities in the U.S. market.

Management reported both growth in revenue and challenges in profitability.