Triveni Engineering and Industries Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- June 26, 2026
- Posted by: Neeraj Pandey
- Category: News
Triveni Engineering and Industries Rs 245.13 (7 Oct 2026 close). Post-demerger range Rs 220.05 to Rs 314.90. Q1 FY27 net revenue Rs 1,581 cr, up 2.1%; profit Rs 3.65 cr against a loss.
Quick Answer
The Triveni Engineering and Industries share price target for 2026 is Rs 210 to Rs 270, which is between 14 percent below and 10 percent above the last close of Rs 245.13, with bull and bear cases of Rs 340 to Rs 400 and Rs 99 to Rs 126. Triveni Engineering and Industries reported Q1 FY27 consolidated net revenue up 2.1 percent to Rs 1,581 crore and a profit of Rs 3.65 crore against a loss of Rs 6.62 crore, in its first full quarter after demerging the power transmission business. The power transmission business moved to Triveni Power Transmission on a 1 for 3 share basis with a record date of 22 July, the share price adjusted about 38.5 percent that day as a technical change, and gross debt fell to Rs 1,301 crore. No brokerage price target was available on the sources we track as of 7 October 2026, so every range below is a Univest research scenario.
The Triveni Engineering and Industries share price target for 2026 is Rs 210 to Rs 270 in the Univest base case, with the stock at Rs 245.13 at the 7 October 2026 close. That is 22.2 percent below its 52-week high of Rs 314.90 and 11.4 percent above its 52-week low of Rs 220.05, and the stock moved down 1.4 percent over the past year. Triveni Engineering and Industries is now mainly a sugar, ethanol and water treatment company, after its power transmission business was demerged into Triveni Power Transmission. Debt to equity is 0.65 and the dividend yield is 1.12 percent.
Three things changed since the last update: the demerger record date of 22 July adjusted the share price by about 38.5 percent, Q1 FY27 results on 30 July showed a small profit, and the stock rose 14 percent and 10.8 percent in two August weeks to Rs 314.90 before sliding. This Triveni Engineering and Industries stock analysis covers the Triveni Engineering and Industries share price today, the Triveni Engineering and Industries share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Triveni Engineering and Industries buy or sell view.
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What Is the Triveni Engineering and Industries Share Price Target for 2026?
The 2026 target for Triveni Engineering and Industries shares is Rs 210 to Rs 270 in the Univest base case, which is -14.3% to +10.1% against the last close. The bull case is Rs 340 to Rs 400 and the bear case is Rs 99 to Rs 126. No brokerage price target was available on the sources we track as of 7 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Triveni Engineering and Industries Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 245.13 |
|---|---|---|---|---|
| Bull Case | Rs 20 | 17x to 20x | 340 to 400 | +38.7% to +63.2% |
| Base Case | Rs 15 | 14x to 18x | 210 to 270 | -14.3% to +10.1% |
| Bear Case | Rs 9 | 11x to 14x | 99 to 126 | -59.6% to -48.6% |
FY28 EPS of Rs 15 in the base case is a Univest assumption for the continuing sugar, ethanol and water business after the demerger, and is not comparable with trailing EPS of Rs 12.26, which blends the pre-demerger business. It assumes firm sugar realisations and more grain-based ethanol. Sugar and ethanol producers trade at 14 to 18 times earnings, and the stock trades at about 16 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Triveni Engineering and Industries share price target range around the current price.
Triveni Engineering and Industries Company Overview and Share Price Today as of 7 October 2026
Triveni Engineering and Industries share price today is Rs 245.13 on the NSE at the 7 October 2026 close, before the market opens on 8 October. The market capitalisation is Rs 5,399 crore, and the stock trades at 20 times trailing earnings, which blend the pre-demerger business, against an industry average of 20.5 times. The Univest base case Triveni Engineering and Industries share price target of Rs 210 to Rs 270 is -14.3% to +10.1% from here. The table below sets out the key numbers behind the Triveni Engineering and Industries share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | TRIVENI | BSE code 532356 |
| Sector | Sugar, ethanol and water treatment | Per Univest sector classification |
| Last Close (NSE) | Rs 245.13 | 7 Oct 2026 close |
| 52-Week High | Rs 314.90 | CMP is 22.2% below |
| 52-Week Low | Rs 220.05 | CMP is 11.4% above |
| 1-Year Return | About -1% | Weekly close Rs 248.7 on 10 Oct 2025 to Rs 245.13 |
| Market Capitalisation | Rs 5,399 crore | Small cap sugar and ethanol company |
| Trailing P/E | About 20x (blends pre-demerger earnings) | Industry P/E about 20.46x |
| P/B Ratio | About 1.62x | Book value Rs 151.70 per share |
| EPS (TTM) | Rs 12.26 | Trailing twelve months |
| Return on Equity | About 5.9% | Debt to equity 0.65 |
| Dividend Yield | About 1.12% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 210 to Rs 270 | Univest base case |
| Bull Case | Rs 340 to Rs 400 | +38.7% to +63.2% |
| Bear Case | Rs 99 to Rs 126 | -59.6% to -48.6% |
How Did Triveni Engineering and Industries Perform in Q1 FY27?
Triveni Engineering and Industries reported Q1 FY27 consolidated net revenue of Rs 1,581 crore, up 2.1 percent from Rs 1,548 crore, and a profit after tax of Rs 3.65 crore against a loss of Rs 6.62 crore a year ago. It was the first full quarter after the power transmission demerger. Together these Q1 FY27 numbers anchor the Triveni Engineering and Industries share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Consolidated Net Revenue | Rs 1,581 crore | Up 2.1% from Rs 1,548 crore |
| Profit After Tax | Rs 3.65 crore | Against a loss of Rs 6.62 crore |
| Gross Debt | Rs 1,301 crore | After balance sheet cleanup |
| Non-Sugar Share of Revenue | 46% | Against 20% five years ago |
| Demerger Ratio | 1 for 3 | TPTL share per three Triveni shares |
| Demerger Effective Date | 19 May 2026 | Record date 22 July |
Sugar prices have firmed since quarter end, with a rising share of refined and pharma-grade sugar. The distillery is moving toward grain-based ethanol, expecting a 3 to 1 ratio of grain to sugary feedstock for the 2026-27 season. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Triveni Engineering and Industries share price target.
Why Did Triveni Engineering Share Price Fall 38 Percent on 22 July?
Triveni Engineering and Industries shares fell about 38.5 percent on 22 July 2026 because of a technical price adjustment for the demerger of its power transmission business into Triveni Power Transmission, not because of a market loss. Holders on the record date receive one TPTL share for every three Triveni shares.
After the adjustment the stock set a post-demerger low of Rs 220.05 in the week of 27 July, then rose 14 percent and 10.8 percent in two August weeks to Rs 314.90 on 1.3 crore shares, with no confirmed cause beyond firmer sugar prices. It slid to Rs 228.61 by the week of 28 September and closed at Rs 245.13, 22 percent below the post-demerger high. The Triveni Engineering and Industries share price target scenarios below account for that move.
Key Catalysts for the Triveni Engineering and Industries Share Price Target in 2026
4 catalysts matter most for the Triveni Engineering and Industries share price target, and sector tailwinds in Sugar, ethanol and water treatment are part of the case. Together they decide whether the base case is reached.
1. Firm Sugar Prices
Sugar realisations firmed after Q1 and refined and pharma-grade sugar are a growing share. Higher prices lift sugar margin. If it plays out, the Triveni Engineering and Industries share price target moves toward the top of the base range.
2. Grain-Based Ethanol
The distillery is shifting to a 3 to 1 grain to sugary feedstock mix. Grain gives steadier supply. Strength here would support the upper end of the Triveni Engineering and Industries share price target.
3. Debt Reduction
Gross debt fell to Rs 1,301 crore after the cleanup. Lower interest cost helps profit. Delivery on this point keeps the Triveni Engineering and Industries share price target on track.
4. Demerger Value
Holders also receive Triveni Power Transmission shares. The two businesses can be valued separately. Better news here would lift the Triveni Engineering and Industries share price target toward the bull case.
What Are the Key Risks to the Triveni Engineering and Industries Share Price Target?
The main risks are sugar price swings, cane cost, ethanol policy and the loss of the transmission earnings. Each can pull the Triveni Engineering and Industries share price target lower.
Sugar Price Swings
Sugar and ethanol earnings depend on government prices and cane cost. A fall would cut profit. If it materialises, the Triveni Engineering and Industries share price target would slip toward the bear case.
Thin Profit
Q1 profit was only Rs 3.65 crore. A weak quarter can flip back to a loss. This is the main downside risk to the Triveni Engineering and Industries share price target.
Policy Risk
Ethanol blending and sugar export rules can change. Policy shifts hit margin. A worsening here would cut the Triveni Engineering and Industries share price target toward the low end of the range.
Earnings Reset
A bear case EPS of Rs 9 at 11 times would put the price near Rs 99. Watch it closely, because it can pull the Triveni Engineering and Industries share price target lower quickly.
Triveni Engineering and Industries Stock Analysis: Support and Resistance Levels for the Share Price Target
Triveni Engineering and Industries stock analysis on weekly charts shows a range of Rs 228.61 to Rs 257.80 since mid-September, with the stock in the middle.
The first support level is Rs 228.61 to Rs 235.06, the lows of the weeks of 28 September, 14 September and 5 October. Below that, Rs 220.05 is the post-demerger low of the week of 27 July.
The first resistance level is Rs 249.04 to Rs 251.80, the highs of the weeks of 5, 28 and 21 September. Above that, Rs 257.80 is the high of the week of 14 September and Rs 283.95 is the high of the week of 7 September. These levels come from weekly price action, are not trade recommendations, and frame the near-term Triveni Engineering and Industries share price target.
Triveni Engineering and Industries Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Triveni Engineering and Industries Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 229 and Rs 252. A close above Rs 252 would put Rs 258 in play, while a weekly close under Rs 229 would open Rs 220. The Q2 FY27 results and sugar prices are the main triggers. This range anchors the near-term Triveni Engineering and Industries share price target.
12-Month and 2027 Triveni Engineering and Industries Share Price Target
The 12-month target price is Rs 210 to Rs 270, valued on 14 to 18 times FY28 EPS of Rs 15. The range across scenarios runs from Rs 99 in the bear case to Rs 400 in the bull case.
Long-Term Triveni Engineering and Industries Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 234 to Rs 374. This assumes EPS of Rs 18 in FY29 and Rs 22 in FY30 and a multiple of 13 to 17 times. It needs sugar prices to stay firm, the grain-based ethanol shift to work and debt to keep falling. This is the long-term Triveni Engineering and Industries share price target in the Univest scenarios.
Bull Case and Bear Case for Triveni Engineering and Industries Share Price Target
Bull Case Rs 340 to Rs 400
The bull case of Rs 340 to Rs 400 for the Triveni Engineering and Industries share price target needs EPS of Rs 20 and the market to pay 17 to 20 times for it. It is +38.7% to +63.2% from the last close.
Bear Case Rs 99 to Rs 126
The bear case of Rs 99 to Rs 126 for the Triveni Engineering and Industries share price target equals 11 to 14 times FY28 EPS of Rs 9 and sits below the Rs 220.05 low. It is -59.6% to -48.6% from the last close.
Is Triveni Engineering and Industries a Good Buy at Rs 245? Triveni Engineering and Industries Buy or Sell View
Whether Triveni Engineering and Industries is a buy at Rs 245.13 depends on horizon and risk appetite. The base case sits between 14 percent below and 10 percent above the current price, the stock is 22 percent below its post-demerger high, and the open question is sugar earnings. The Triveni Engineering and Industries share price target range is the starting point for that decision.
Long-term holders may focus on sugar prices, ethanol and debt, and treat Rs 220 as the level to watch. Short-term traders may prefer to wait for a close above Rs 252. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Triveni Engineering and Industries buy or sell view is educational.
How to Invest in Triveni Engineering and Industries Shares
Step 1: Check the live price, valuation and the latest Triveni Engineering and Industries share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Triveni Engineering and Industries share price target.
Step 3: Search for TRIVENI on the NSE or 532356 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 99 is bearable.
Step 5: Track sugar prices, ethanol and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Triveni Engineering and Industries share price target.
Conclusion
Triveni Engineering and Industries closed at Rs 245.13 against a Univest base case share price target of Rs 210 to Rs 270, a bull case of Rs 340 to Rs 400 and a bear case of Rs 99 to Rs 126. Q1 FY27 delivered a profit of Rs 3.65 crore against a loss in the first quarter after the demerger. The main risks are sugar price swings, policy changes and thin profit.
The stock is 22.2 percent below its 52-week high, so the base case sits between 14 percent below and 10 percent above the current price. The triggers to watch are sugar prices, ethanol and Q2 FY27 results and the Rs 229 and Rs 252 levels. Re-check the Triveni Engineering and Industries share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Triveni Engineering and Industries live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Triveni Engineering and Industries Share Price Target 2026
What is the Triveni Engineering and Industries share price target for 2026?
Ans. The Triveni Engineering and Industries share price target for 2026 is Rs 210 to Rs 270 in the Univest base case, with a bull case of Rs 340 to Rs 400 and a bear case of Rs 99 to Rs 126. No brokerage target was available on the sources we track as of 7 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.
What is the Triveni Engineering and Industries share price target for 2027?
Ans. The Triveni Engineering and Industries share price target for 2027 is Rs 210 to Rs 270 in the base case, valued on 14 to 18 times FY28 EPS of Rs 15. The scenario range runs from Rs 99 to Rs 400.
Is Triveni Engineering and Industries a good buy at Rs 245.13?
Ans. Whether Triveni Engineering and Industries is a good buy at Rs 245.13 depends on your horizon, risk appetite and how you read the Triveni Engineering and Industries share price target. Sugar prices are firming and debt is falling, but profit is thin and earnings depend on policy and cane cost. Consult a SEBI-registered advisor before investing.
What are the key risks to the Triveni Engineering and Industries share price target?
Ans. The key risks to the Triveni Engineering and Industries share price target are sugar price swings, thin profit, policy risk and earnings reset. Sugar and ethanol earnings depend on government prices and cane cost. A fall would cut profit.
What are the key catalysts for the Triveni Engineering and Industries share price target?
Ans. The key catalysts for the Triveni Engineering and Industries share price target are firm sugar prices, grain-based ethanol, debt reduction and demerger value. Sugar realisations firmed after Q1 and refined and pharma-grade sugar are a growing share. Higher prices lift sugar margin.
Where can I track Triveni Engineering and Industries share price today and Triveni Engineering and Industries share price target updates?
Ans. You can track the live Triveni Engineering and Industries share price, results and any change to the Triveni Engineering and Industries share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Triveni Engineering and Industries’s 52-week high and low?
Ans. Triveni Engineering and Industries’s 52-week high is Rs 314.90 and its 52-week low is Rs 220.05, based on weekly NSE data. At Rs 245.13 the stock is 22.2 percent below the high and 11.4 percent above the low. Both levels frame the Triveni Engineering and Industries share price target.
How to buy Triveni Engineering and Industries shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for TRIVENI on the NSE or 532356 on the BSE, and place a limit order near your entry price, using the Triveni Engineering and Industries share price target range as a guide. Size the position so a fall to Rs 99 is bearable, and check the live price on the Univest Screener first.
