Triveni Engineering Share Price Target; Triveni Engineering & Industries Ltd (TEIL) stands as a prominent Indian conglomerate with diversified operations spanning sugar production, ethanol manufacturing, power generation, industrial gearing, water treatment solutions, and defense. Established in 1932 and headquartered in Noida, India, TEIL has cemented its position as a leader in multiple sectors, contributing significantly to the nation’s industrial landscape. This comprehensive analysis delves into the company’s background, financial performance, shareholding structure, and provides projections for its share price targets from 2025 to 2030.
Triveni Engineering Company Overview
| Parameter | Details |
|---|---|
| Company Name | Triveni Engineering & Industries Limited (TEIL) |
| Established Year | 1932 |
| Headquarters | Noida, Uttar Pradesh, India |
| Industry | Conglomerate (Sugar, Ethanol, Power, Water Treatment, Defense) |
| Key Products/Services | Sugar, Ethanol, Power, Gears, Water Treatment |
| Total Sugar Mills | 7 (All in Uttar Pradesh) |
| Distillery Capacity (Current) | 60 lakh cases/year (Target: 90 lakh cases/year) |
| Power Generation Capacity | 105 MW |
| Key Growth Areas | Ethanol Expansion, Industrial Gearing, Water Treatment |
TEIL operates seven sugar mills located in Khatauli, Deoband, Sabitgarh, Chandanpur, Rani Nangal, Milak Narayanpur, and Ramkola, all situated in Uttar Pradesh. These facilities collectively contribute to TEIL’s status as the second-largest sugar producer in India. Beyond sugar production, the company has diversified into several key areas:
- Ethanol Production: TEIL has expanded its distillery operations to support India’s ethanol blending program. As of September 30, 2024, the company had a production capacity of 5 lakh cases per month (60 lakh cases annually). An additional capital expenditure of ₹20 crore was announced in November 2024 to increase this capacity to 7.5 lakh cases per month (90 lakh cases annually).
- Power Generation: The company operates co-generation power plants at its sugar mills, with a total capacity to generate 105 MW of power. These plants utilize by-products from sugar production to generate electricity, which is used for internal consumption and surplus power is sold externally.
- Industrial Gearing: TEIL’s engineering division manufactures high-speed gears and gearboxes, serving various industrial applications, including power transmission and defense sectors.
- Water Treatment Solutions: The company provides comprehensive water and wastewater treatment solutions, contributing to environmental sustainability and supporting infrastructure development across India.
Triveni Engineering Financial Performance
In the fiscal year ending March 31, 2024, TEIL reported robust financial results:
- Revenue: The company achieved a revenue of ₹5,220 crore, reflecting a consistent growth trajectory over the past decade.
- Operating Profit Margin (OPM): The OPM stood at 11%, indicating efficient operational management.
- Net Profit: The net profit for the year was substantial, contributing to the company’s strong financial health.
These figures underscore TEIL’s effective strategies and its ability to capitalize on market opportunities.Triveni Engineering Growth Drivers
Several factors are poised to drive TEIL’s growth in the coming years:
- Ethanol Production Expansion: The Indian government’s emphasis on ethanol blending in fuel presents significant opportunities. TEIL’s investment in increasing its ethanol production capacity positions it favorably to benefit from this initiative.
- Diversified Revenue Streams: Beyond sugar, TEIL’s ventures into ethanol, power generation, industrial gearing, and water treatment provide multiple income sources, reducing dependency on a single product and mitigating sector-specific risks.
- Technological Advancements: Continuous investments in modernizing facilities and adopting new technologies have enhanced operational efficiency and product quality.
- Government Policies: Supportive policies, including incentives for ethanol production and favorable pricing mechanisms, bolster TEIL’s growth prospects.
Triveni Engineering Share Price Target (2025–2030)
Based on current market trends, financial performance, and growth drivers, here are the projected share price targets for TEIL:
| Year | Minimum Target (INR) | Maximum Target (INR) | Expected Average (INR) |
|---|---|---|---|
| 2025 | 358 | 544 | 466 |
| 2026 | 410 | 610 | 511 |
| 2027 | 450 | 670 | 560 |
| 2028 | 500 | 720 | 610 |
| 2029 | 600 | 800 | 700 |
| 2030 | 650 | 900 | 704 |
These projections are based on current market conditions and the company’s growth strategies. Investors should consider potential market volatility and conduct their own research before making investment decisions.
Triveni Engineering Share Risks and Challenges
While TEIL shows strong growth potential, it faces certain risks:
- Market Volatility: Fluctuations in sugar prices and demand can impact profitability.
- Regulatory Changes: Alterations in government policies related to sugar and ethanol industries could affect operations.
- Climate Dependency: Sugarcane production is susceptible to weather conditions, which can influence raw material availability and costs.
Conclusion
Triveni Engineering & Industries Limited demonstrates a robust business model with diversified operations in sugar production, ethanol manufacturing, power generation, industrial gearing, water treatment solutions, and
