Alerts will be sent to your verified email
Verify EmailTRITURBINE
Balance sheet of Triveni Turbine is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Triveni Turbine is increasing.
Latest debt of Triveni Turbine is -₹587.1 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹804.9 Crs.
Yes, profit is increasing.
The profit of Triveni Turbine is ₹340 Crs for TTM, ₹269 Crs for Mar 2024 and ₹193 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Triveni Turbine latest dividend payout ratio is 42.52% and 3yr average dividend payout ratio is 36.52%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments