Triveni Turbine Limited (TRITURBINE) - Net Assets

Latest as of September 2025: Rs13.03 Billion INR ≈ $140.95 Million USD

Based on the latest financial reports, Triveni Turbine Limited (TRITURBINE) has net assets worth Rs13.03 Billion INR (≈ $140.95 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.95 Billion ≈ $237.34 Million USD) and total liabilities (Rs8.91 Billion ≈ $96.39 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Triveni Turbine Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs13.03 Billion
% of Total Assets	59.39%
Annual Growth Rate	32.65%
5-Year Change	91.27%
10-Year Change	303.3%
Growth Volatility	600.96

Triveni Turbine Limited - Net Assets Trend (2008–2025)

This chart illustrates how Triveni Turbine Limited's net assets have evolved over time, based on quarterly financial data. See TRITURBINE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Triveni Turbine Limited (2008–2025)

The table below shows the annual net assets of Triveni Turbine Limited from 2008 to 2025. For live valuation and market cap data, see market cap of Triveni Turbine Limited.

Year	Net Assets	Change
2025-03-31	Rs12.20 Billion ≈ $131.88 Million	+26.86%
2024-03-31	Rs9.61 Billion ≈ $103.96 Million	+26.27%
2023-03-31	Rs7.61 Billion ≈ $82.34 Million	-11.20%
2022-03-31	Rs8.57 Billion ≈ $92.72 Million	+34.47%
2021-03-31	Rs6.38 Billion ≈ $68.95 Million	+20.26%
2020-03-31	Rs5.30 Billion ≈ $57.34 Million	+22.33%
2019-03-31	Rs4.33 Billion ≈ $46.87 Million	-4.15%
2018-03-31	Rs4.52 Billion ≈ $48.90 Million	+12.06%
2017-03-31	Rs4.03 Billion ≈ $43.63 Million	+33.43%
2016-03-31	Rs3.02 Billion ≈ $32.70 Million	+28.47%
2015-03-31	Rs2.35 Billion ≈ $25.45 Million	+31.63%
2014-03-31	Rs1.79 Billion ≈ $19.34 Million	+24.61%
2013-03-31	Rs1.43 Billion ≈ $15.52 Million	+109.04%
2012-03-31	Rs686.47 Million ≈ $7.42 Million	+2410.31%
2011-03-31	Rs27.35 Million ≈ $295.74K	+117.32%
2010-03-31	Rs-157.87 Million ≈ $-1.71 Million	-92.57%
2009-03-31	Rs-81.98 Million ≈ $-886.60K	-181.98%
2008-03-31	Rs100.00 Million ≈ $1.08 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Triveni Turbine Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1150180000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs11.50 Billion	94.56%
Common Stock	Rs318.00 Million	2.61%
Other Comprehensive Income	Rs344.10 Million	2.83%
Other Components	Rs100.00K	0.00%
Total Equity	Rs12.16 Billion	100.00%

Triveni Turbine Limited Competitors by Market Cap

The table below lists competitors of Triveni Turbine Limited ranked by their market capitalization.

Company	Market Cap
Stadler Rail AG SW:SRAIL	$2.32 Billion
Extendicare Inc TO:EXE	$2.32 Billion
Carmila SA PA:CARM	$2.32 Billion
WOOLWORTHS HDGS GDR F:WN30	$2.32 Billion
Guangzhou Risong Intelligent Technology Holding Co Ltd SHG:688090	$2.32 Billion
SIRIUSPOINT LTD. DL-10 F:3XPA	$2.32 Billion
Hytera Communications Corp Ltd SHE:002583	$2.32 Billion
Wallenstam AB (publ) ST:WALL-B	$2.31 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Triveni Turbine Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 9,598,020,000 to 12,164,000,000, a change of 2,565,980,000 (26.7%).
Net income of 3,572,000,000 contributed positively to equity growth.
Dividend payments of 1,049,000,000 reduced retained earnings.
Other comprehensive income increased equity by 65,740,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs3.57 Billion	+29.37%
Dividends Paid	Rs1.05 Billion	-8.62%
Other Comprehensive Income	Rs65.74 Million	+0.54%
Other Changes	Rs-22.76 Million	-0.19%
Total Change	Rs-	26.73%

Book Value vs Market Value Analysis

This analysis compares Triveni Turbine Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 17.55x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 674.15x to 17.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-03-31	Rs1.00	Rs674.15	x
2009-03-31	Rs-0.82	Rs674.15	x
2010-03-31	Rs-1.58	Rs674.15	x
2011-03-31	Rs0.13	Rs674.15	x
2012-03-31	Rs1.97	Rs674.15	x
2013-03-31	Rs4.19	Rs674.15	x
2014-03-31	Rs5.30	Rs674.15	x
2015-03-31	Rs6.93	Rs674.15	x
2016-03-31	Rs8.87	Rs674.15	x
2017-03-31	Rs12.23	Rs674.15	x
2018-03-31	Rs13.70	Rs674.15	x
2019-03-31	Rs13.17	Rs674.15	x
2020-03-31	Rs16.40	Rs674.15	x
2021-03-31	Rs19.72	Rs674.15	x
2022-03-31	Rs26.49	Rs674.15	x
2023-03-31	Rs23.57	Rs674.15	x
2024-03-31	Rs30.19	Rs674.15	x
2025-03-31	Rs38.41	Rs674.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Triveni Turbine Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 29.37%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 17.81%
• Asset Turnover: 0.99x
• Equity Multiplier: 1.66x
Recent ROE (29.37%) is above the historical average (11.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-80.82%	-29.24%	1.30x	2.13x	Rs-90.82 Million
2009	0.00%	-24.83%	3.33x	0.00x	Rs-72.66 Million
2010	0.00%	-131.90%	2.81x	0.00x	Rs-60.10 Million
2011	-265.72%	-2.39%	0.85x	131.30x	Rs-75.40 Million
2012	134.76%	13.88%	1.92x	5.06x	Rs809.09 Million
2013	75.57%	15.76%	1.47x	3.26x	Rs906.59 Million
2014	38.89%	13.19%	0.89x	3.30x	Rs504.80 Million
2015	39.60%	14.01%	1.03x	2.74x	Rs676.63 Million
2016	38.61%	16.04%	1.07x	2.26x	Rs837.23 Million
2017	30.62%	16.78%	1.13x	1.61x	Rs832.08 Million
2018	21.23%	13.01%	0.97x	1.68x	Rs507.56 Million
2019	23.13%	12.17%	1.10x	1.73x	Rs568.86 Million
2020	22.97%	15.12%	0.97x	1.57x	Rs687.60 Million
2021	16.07%	14.73%	0.73x	1.50x	Rs387.06 Million
2022	31.54%	32.11%	0.63x	1.56x	Rs1.85 Billion
2023	25.32%	15.56%	0.92x	1.76x	Rs1.17 Billion
2024	28.04%	16.37%	0.98x	1.74x	Rs1.73 Billion
2025	29.37%	17.81%	0.99x	1.66x	Rs2.36 Billion

Industry Comparison

This section compares Triveni Turbine Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $8,885,935,519
Average return on equity (ROE) among peers: 0.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Triveni Turbine Limited (TRITURBINE)	Rs13.03 Billion	-80.82%	0.68x	$2.32 Billion
Aaron Industries Limited (AARON)	$93.73 Million	11.30%	0.87x	$28.02 Million
Ador Welding Limited (ADORWELD)	$2.35 Billion	7.84%	0.61x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.23 Billion	13.31%	0.31x	$480.66 Million
ATAM VALVES ORD (BSE) (ATAM)	$364.70 Million	17.27%	0.48x	$8.92 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.44 Billion
Bharat Heavy Electricals Limited (BHEL)	$52.96 Billion	12.43%	1.30x	$15.29 Billion
Cummins India Limited (CUMMINSIND)	$20.43 Billion	28.94%	0.52x	$17.56 Billion
Diamond Power Infrastructure Limited (DIACABS)	$6.55 Billion	-122.90%	2.75x	$1.15 Billion
Diffusion Engineers Ltd (DIFFNKG)	$1.42 Billion	15.59%	0.62x	$149.46 Million
Ducon Infratechnologies Limited (DUCON)	$259.30 Million	0.36%	0.44x	$12.51 Million

About Triveni Turbine Limited

NSE:TRITURBINE India Specialty Industrial Machinery

Market Cap

$2.32 Billion

Rs214.31 Billion INR

Market Cap Rank

#5830 Global

#254 in India

Share Price

Rs674.15

Change (1 day)

-0.48%

52-Week Range

Rs435.25 - Rs741.50

All Time High

Rs834.85