Q4 2025 Triveni Turbine Ltd Earnings Call Transcript
Key Points
- Triveni Turbine Ltd (BOM:533655) reported its highest ever annual revenue of INR20.06 billion, marking a 21% increase year-over-year.
- The company achieved a record EBITDA of INR5.18 billion, up 36% year-over-year, with a margin increase of 280 basis points.
- Order bookings reached an all-time high of INR23.63 billion, a 26% increase from the previous year, indicating strong demand.
- The export order book grew by 23% year-over-year, reflecting robust international demand across key regions.
- The company is investing in new technologies, such as carbon-dioxide energy storage solutions, which could open new market segments and growth opportunities.
- The domestic market saw a decline, with a 10% reduction in market size, impacting order finalizations.
- There is an elongation of order finalization timelines due to macroeconomic uncertainties, affecting domestic order inflows.
- The company faces challenges in maintaining high growth rates due to the high base effect from previous years.
- The US subsidiary reported a loss, impacting overall profitability, and faces challenges due to tariff-related uncertainties.
- Capacity constraints and bottlenecks in operations were noted, particularly in March, which could affect timely order fulfillment.
Ladies and gentlemen, good day, and welcome to Triveni Turbine Limited earnings conference call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Rishab Barar from CDR India. Thank you, and over to you, Mr. Barar.
Good day, everyone, and a warm welcome to all of you participating in the Q4 and FY25 Earnings Conference Call of Triveni Turbine Limited. We have with us today on the call, Mr. Nikhil Sawhney, Vice Chairman and Managing Director; Mr. S.N. Prasad, Chief Executive Officer; Mr. Sachin Parab, Chief Operating Officer; Mr. Lalit Agarwal, Chief Financial Officer; and Ms. Surabhi Chandna, Investor Relations and value creation.
Before we begin, I would like to mention that some statements made in today's discussion may be forward-looking in nature, and a statement to this effect has been included in the invite, which was mailed to everybody earlier. I would now like to emphasize that while call is open to all invitees, it may not be broadcasted or
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