Triveni Turbine Limited · NSE:TRITURBINE
Triveni Turbine — Q4 FY2026 Earnings Presentation
38 slides from Triveni Turbine's earnings presentation, May 18, 2026
Slide 1: Cover letter to stock exchanges for investor presentation
By E-filing REF: TTL: SE: 05/06 Date: May 18, 2026 BSE Limited National Stock Exchange of India Limited P.J. Tower, Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Thru: BSE Listing Centre Thru: NEAPS STOCK CODE: 533655 STOCK CODE: TRITURBINE D
Slide 2: Investor Presentation Q4 & FY26
Imagine. Innovate. Inspire Investor Presentation Q4 & FY 26 May 2026
Slide 3: Contents
Contents Description Page Number Triveni Turbines At A Glance 3 Market Overview 4 Company Overview 10 Financial Performance Highlights 23 Shareholding Pattern 32 Investor Relations Contact 34 2
Slide 4: Triveni Turbines at a Glance
Triveni Turbines at a Glance One of the leading manufacturers of decentralised Top 2 globally in industrial steam turbines steam-based renewable turbines globally 50+ years of designing, manufacturing 1000+ Employee Strength, >20% & supplying industrial steam turbines Employee Addition in last two y
Slide 5: Market Overview
Market Overview
Slide 6: Global Final Energy Consumption is led by Heating and Cooling Applications
Global Final Energy Consumption is led by Heating and Cooling Applications Thermal energy uses, which include space and water heating, space cooling, and industrial process heat, represent more than half (51%) of Global Total Final Energy Consumption Source: Renewables 2022 Global Status Report 5
Slide 7: Industry as a Sector has the Highest Contribution in Global Final Energy Demand
Industry as a Sector has the Highest Contribution in Global Final Energy Demand Final Energy Demand By Sector (EJ) Industry contributed to 114 ~39% of end global energy 80 100 119 122 demand in 2019 120 132 142 151 105 Even in future scenarios, the 31 43 45 24 38 contribution is expected to remain a
Slide 8: Overall Global Steam Turbine Market has been declining over the years
Overall Global Steam Turbine Market has been declining over the years… Overall Global Steam Turbine Market (in GW) The global steam turbine market 160 declined from 134 140 120 108 101 108 GW in 2014 to 100 91 89 80 69 66 81 101 GW in 2024 61 58 60 49 40 a decline of ~1% p.a. yearly 20 during 2014 -
Slide 9: Global Steam Turbine Market <100 MW also declined during the last decade
Global Steam Turbine Market <100 MW also declined during the last decade Global Steam Turbine Market, Below 100 MW (in GW) Below 100 MW industrial segment where 15.0 Triveni Turbines operates 9.6 has also declined 10.0 8.7 6.2 6.9 over a period of 10 years 7.6 5.0 5.5 0.0 Below 100 MW market ex-Chin
Slide 10: Contribution of Thermal Renewable Fuels in <100MW market has also been rising
Contribution of Thermal Renewable Fuels in <100MW market has also been rising Global Steam Turbine Market, Below 100 MW (in %), By Fuel Type - 2014 to 2024 In the <100 MW market, where Triveni 100% 90% operates the growth of thermal renewables 80% 70% has been consistent and strong. 60% 50% 40% The
Slide 11: Company Overview
Company Overview
Slide 12: A Differentiated Product Portfolio Catering To Wide Range Of Applications
A Differentiated Product Portfolio Catering To Wide Range Of Applications 11
Slide 13: Providing Sustainable Turbine Solutions for Renewable Energy Space
Providing Sustainable Turbine Solutions for Renewable Energy Space 12
Slide 14: Comprehensive Aftermarket Offerings
Comprehensive Aftermarket Offerings Customer Centric Original Equipment Shorter Lead 24x7 Customer Automation & Quality & Reliability Approach Manufacturer (OEM) Time Service Efficiency Expertise Preventive LTSA/AMC Upgradation High Speed Turnkey Solutions Troubleshooting Maintenance Balancing LTSA:
Slide 15: Driving Growth through Refurbishment Solutions
Driving Growth through Refurbishment Solutions Key Growth Area: Refurbishment OEM expertise with vast knowledge 1 of rotating equipment promoting refurbishment growth 2 Large addressable market globally 3 Access to newer end-user industries and geographies Energy efficiency and return-driven metrics
Slide 16: Our Strategic Priorities
Our Strategic Priorities Innovation-led Global Diversified Market People Significance Focus business Sustained Customer Centric Increasing & Products Proximity to Responsible & Customers Growth Solutions 15
Slide 17: Our Unique Strengths
Our Unique Strengths Innovation capabilities Manufacturing ; and operational Extensive global reach excellence N Yj Proven engineering =S LE Sales and marketing expertise with ———— — ws associated services _E=S efficiency Asset-light model | i\ Expert engineering team Responsible operations and resp
Slide 18: Our Key Growth Drivers
Our Key Growth Drivers Energy Increasing Industrial Global 01 02 03 Transition Energy Demand Market Significance Customer-Centric Innovation & Technological Engineering 04 05 06 Approach Advancements Excellence Focus on 09 Refurbishment 07 Diverse Customer Base Sustainability 08 Solutions and Market
Slide 19: Strong Global Footprint
Strong Global Footprint >80 Countries of Presence Note: Map for representation purpose and not to scale 18
Slide 20: Sustainability-led Responsible Growth
Sustainability-led Responsible Growth Renewable fuel Fuel-agnostic solutions sources driving that align with the Product Order decarbonization journey Booking Rising Focused on contribution of Green energy efficiency thermal Manufacturing across products renewable fuels Facilities and solutions in a
Slide 21: Our Core Principles
Our Core Principles Impact Product Quality Innovation & Technology ▪ Aims to make a positive impact to ▪ Best-in-class manufacturing at ▪ Consistent R&D of technology to surpass all our stakeholders two-world class facilities at Peenya customer needs and keeping up with and Sompura in Bengaluru chan
Slide 22: Our Core Principles
Our Core Principles Ethics Strong Relationships Sustainability ▪ Professional and transparent ▪ Customer centricity with focus on ▪ Supports environment sustainability with business practices continuous modernisation, with significant focus on thermal efficiency regular upgrades and efficiency impro
Slide 23: Continued ESG Focus
Continued ESG Focus Environmental Social Governance ▪ Manufacturing Facilities at both Peenya ▪ Board comprises of 9 members which ▪ Educational initiatives such as and Sompura are Green Factories include 5 Non-Executive Independent sponsorship on education and training programmes for Directors (inc
Slide 24: Financial Performance Highlights
Financial Performance Highlights
Slide 25: Strong & Consistently Improving Performance Over the Years
Strong & Consistently Improving Performance Over the Years Revenue From Operations EBITDA and EBITDA Margins PBT and PBT Margins (₹ Million) (₹ Million & %) (₹ Million & %) 26% p.a. 29% p.a. 31% p.a. 6,000 5,268 6,000 30.0% 30.0% 21,811 5,177 20,058 4,885 4,901 5,000 5,000 25.0% 25.0% 16,539 4,000 3
Slide 26: Strong & Consistently Improving Performance Over the Years
Strong & Consistently Improving Performance Over the Years PAT and PAT Margins Order Booking (₹ Million & %) (₹ Million) 7% p.a. 18% p.a. 4,000 35.0% 23,627 23,256 3,586 3,494 3,500 30.0% 18,783 3,000 2,702 2,695 25.0% 16,054 2,500 20.0% 16.0% 17.9% 1,929 11,836 31.7% 2,000 16.3% 15.0% 1,500 15.1% 1
Slide 27: Focused on Diversification
Focused on Diversification Share of Domestic and Export Sales (%) Share of Product and Aftermarket Sales (%) 27 27 32 33 33 42 52 54 55 70 73 73 68 67 67 58 48 46 45 30 FY 22 FY 23 FY 24 FY 25 FY 26 FY 22 FY 23 FY 24 FY 25 FY26 Domestic Exports Aftermarket Product 26
Slide 28: Enhancing Working Capital Management Efficiency
Enhancing Working Capital Management Efficiency Working Capital Inventory Turnover Ratio Assets Turnover Ratio (₹ Million) (x Times) (x Times) 1,146 6.47 5.74 3.72 3.41 -1,503 FY 22 FY 26 FY 22 FY 26 FY 22 FY 26 • Working capital expansion reflects business growth and the evolving nature of operatio
Slide 29: Optimising Cashflows and Returns
Optimising Cashflows and Returns Investments including Cash Return on Capital Employed Return on Equity (₹ Million) (%) (%) 36% 36% 9,696 7,506 26% 31% FY 22 FY 26 FY 22 FY 26 FY 22 FY 26 Operational efficiency and disciplined cash management drive sustained strong cash flows and robust returns 28
Slide 30: Q4&FY26: Management Commentary
Q4&FY26: Management Commentary “Despite a challenging global environment marked by geopolitical disruptions, tariff-related uncertainties, and macroeconomic volatility, we delivered a satisfactory performance for FY 2026, driven by healthy execution across key businesses and strong traction from bot
Slide 31: Q4 & FY26: Key Financial Indicators
Q4 & FY26: Key Financial Indicators (₹ in Million) REVENUE EBITDA and EBITDA Margin PAT and PAT Margin 8.7% 1.8% 2.9% -2.5% 21,811 6,000 5,268 7.7% 20,058 5,177 4,000 26.3% 5,000 3,494 3,500 3,586 4,000 3,000 3,000 2,500 6,796 2,000 5,380 2,000 1,403 1,444 1,019 1,500 1,000 946 1,000 - 500 Q4 FY 25
Slide 32: Q4&FY 26: Record Closing Order Book
Q4&FY 26: Record Closing Order Book (₹ in Million) Order Booking Closing Order Book -1.6% 7.6% 20,539 23,627 23,256 19,094 19.0% 6,280 7,471 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FY 25 FY 26 • Exports accounted for 51% of total orders, • Record order booking underpinned by a reflecting continued traction an
Slide 33: Shareholding Pattern
Shareholding Pattern
Slide 34: Shareholding Pattern
Shareholding Pattern 0.73% 1.16% 4.80% 5.67% 10.63% 10.47% 14.6% 16.52% 28.01% 22.38% 28.34% 20.81% 55.84% 55.84% 55.84% 55.84% Mar-25 Mar-26 Promoter FII DII Resident Individuals Others Note: Others comprise of Insurance companies, HUF, Corporate Bodies, NRI, LLP, Trusts, IEPF, etc. 33
Slide 35: Investor Relations Contact
Investor Relations Contact
Slide 36: Investor Relations Contact
Investor Relations Contact Shreya Sharma Visit us: Head -Investor Relations & Value Creation www.triveniturbines.com ir@triveniturbines.com +91-120-4848000 401, BPTP Capital City Sector – 94, Noida 201301,India About Triveni Turbine Limited Triveni Turbine Limited (TTL) is a globally recognized lead
Slide 37: Disclaimer
Disclaimer This presentation has been prepared by Triveni Turbine Limited (“TTL” or the “Company”) solely for information purposes and does not constitute, and should not be construed as, an offer to sell or a solicitation of an offer to buy or subscribe for any securities of the Company or any of i
Slide 38: Thank You
Thank You