
Triveni Turbine Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
Updated: 8 Oct 2026 • 9:54 am
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Triveni Turbine Rs 531.45 (7 Oct 2026 close). 52-week range Rs 428.35 to Rs 787.60. Q1 FY27 revenue Rs 442.7 cr, up 19.2%; profit Rs 51.1 cr, down 20.6%; order book Rs 2,180 cr.
Quick Answer
The Triveni Turbine share price target for 2026 is Rs 486 to Rs 594, which is between 9 percent below and 12 percent above the last close of Rs 531.45, with bull and bear cases of Rs 748 to Rs 850 and Rs 266 to Rs 323. Triveni Turbine reported Q1 FY27 revenue up 19.2 percent to Rs 442.7 crore but EBITDA margin fell to 17.3 percent from 25.8 percent and profit fell 20.6 percent to Rs 51.1 crore, on an unfavourable order mix. Order booking rose 6.1 percent with exports up 53 percent, the aftermarket order book more than doubled to Rs 624 crore, and the stock fell about 6 percent after results and is 34 percent below its May high. 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 Turbine share price target for 2026 is Rs 486 to Rs 594 in the Univest base case, with the stock at Rs 531.45 at the 7 October 2026 close. That is 32.5 percent below its 52-week high of Rs 787.60 and 24.1 percent above its 52-week low of Rs 428.35, and the stock moved up 0.9 percent over the past year. Triveni Turbine makes steam turbines up to 100 MW and sells aftermarket services, with the Sawhney group promoting it. It is a separate company from Triveni Engineering. Debt to equity is 0.02 and the dividend yield is 0.80 percent.
Three things changed since the last update: Q1 FY27 results on 10 August showed margin compression, the stock fell about 6 percent after them, and it slid from Rs 741 in May to Rs 522 in October. This Triveni Turbine stock analysis covers the Triveni Turbine share price today, the Triveni Turbine share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Triveni Turbine buy or sell view.
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What Is the Triveni Turbine Share Price Target for 2026?
The 2026 target for Triveni Turbine shares is Rs 486 to Rs 594 in the Univest base case, which is -8.6% to +11.8% against the last close. The bull case is Rs 748 to Rs 850 and the bear case is Rs 266 to Rs 323. 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 Turbine Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 531.45 |
|---|---|---|---|---|
| Bull Case | Rs 17 | 44x to 50x | 748 to 850 | +40.7% to +59.9% |
| Base Case | Rs 13.5 | 36x to 44x | 486 to 594 | -8.6% to +11.8% |
| Bear Case | Rs 9.5 | 28x to 34x | 266 to 323 | -49.9% to -39.2% |
FY28 EPS of Rs 13.50 in the base case compares with trailing EPS of Rs 10.57 and Q1 EPS of about Rs 1.60, and assumes margin recovery in H2 FY27 and revenue growth near 18 percent. Capital goods names with strong export order books trade at 36 to 44 times earnings, and the stock trades at about 39 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 Turbine share price target range around the current price.
Triveni Turbine Company Overview and Share Price Today as of 7 October 2026
Triveni Turbine share price today is Rs 531.45 on the NSE at the 7 October 2026 close, before the market opens on 8 October. The market capitalisation is Rs 16,900 crore, and the stock trades at 50.3 times earnings against an industry average of 47.4 times. The Univest base case Triveni Turbine share price target of Rs 486 to Rs 594 is -8.6% to +11.8% from here. The table below sets out the key numbers behind the Triveni Turbine share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | TRITURBINE | BSE code 533655 |
| Sector | Steam turbines | Per Univest sector classification |
| Last Close (NSE) | Rs 531.45 | 7 Oct 2026 close |
| 52-Week High | Rs 787.60 | CMP is 32.5% below |
| 52-Week Low | Rs 428.35 | CMP is 24.1% above |
| 1-Year Return | About +1% | Weekly close Rs 526.65 on 10 Oct 2025 to Rs 531.45 |
| Market Capitalisation | Rs 16,900 crore | Mid cap capital goods company |
| Trailing P/E | About 50.3x | Industry P/E about 47.44x |
| P/B Ratio | About 11.69x | Book value Rs 45.49 per share |
| EPS (TTM) | Rs 10.57 | Trailing twelve months |
| Return on Equity | About 24.2% | Debt to equity 0.02 |
| Dividend Yield | About 0.80% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 486 to Rs 594 | Univest base case |
| Bull Case | Rs 748 to Rs 850 | +40.7% to +59.9% |
| Bear Case | Rs 266 to Rs 323 | -49.9% to -39.2% |
Track live price, fundamentals and results for Triveni Turbine on the Univest Screener.
How Did Triveni Turbine Perform in Q1 FY27?
Triveni Turbine reported Q1 FY27 revenue from operations of Rs 442.7 crore, up 19.2 percent, and profit after tax of Rs 51.1 crore, down 20.6 percent from Rs 64.4 crore. EBITDA fell 16.8 percent to Rs 79.7 crore at a 17.3 percent margin. Together these Q1 FY27 numbers anchor the Triveni Turbine share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue from Operations | Rs 442.7 crore | Up 19.2%; domestic up 27.4% |
| EBITDA | Rs 79.7 crore | Down 16.8%; margin 17.3% vs 25.8% |
| Profit Before Tax | Rs 69.7 crore | Down 20.1%; margin 15.7% |
| Profit After Tax | Rs 51.1 crore | Down 20.6% from Rs 64.4 crore |
| Order Booking | Rs 568.3 crore | Up 6.1%; exports 68% |
| Closing Order Book | Rs 2,180 crore | Up 5.1%; exports 57% |
Management blamed the softer order mix of H1 FY26, strategic order phasing and deferred export dispatches amid higher freight costs, and guided for margin recovery in H2 FY27. Aftermarket order booking rose 53.4 percent to Rs 224 crore, and the aftermarket order book more than doubled to Rs 624 crore on geothermal and utility contracts. 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 Turbine share price target.
Why Is Triveni Turbine Share Price Down 34 Percent From Its High?
Triveni Turbine shares are about 34 percent below the Rs 787.60 high of the week of 25 May 2026. The stock jumped 10.6 percent in the week of 20 April on 7.85 crore shares, with no confirmed cause, and 16.5 percent in the week of 18 May on 6.4 crore shares around Q4 results.
After the May peak it slid steadily from Rs 741 to Rs 522, and the Q1 FY27 results on 10 August added a 6 percent drop as EBITDA margin fell 8.5 points. It closed at Rs 531.45, about 24 percent above the March low of Rs 428.35. The Triveni Turbine share price target scenarios below account for that move.
Key Catalysts for the Triveni Turbine Share Price Target in 2026
4 catalysts matter most for the Triveni Turbine share price target, and sector tailwinds in Steam turbines are part of the case. Together they decide whether the base case is reached.
1. Export Orders
Export order booking rose 53.4 percent and was 68 percent of Q1 booking. Exports are 57 percent of the order book. If it plays out, the Triveni Turbine share price target moves toward the top of the base range.
2. Aftermarket Growth
The aftermarket order book more than doubled to Rs 624 crore, 29 percent of the backlog. Aftermarket carries better margin. Strength here would support the upper end of the Triveni Turbine share price target.
3. Strong Return Ratios
ROE is 24 percent and debt to equity is 0.02. The business generates cash. Delivery on this point keeps the Triveni Turbine share price target on track.
4. Margin Recovery Plan
Management guides for a H2 FY27 margin recovery. A recovery would lift profit sharply from Q1. Better news here would lift the Triveni Turbine share price target toward the bull case.
What Are the Key Risks to the Triveni Turbine Share Price Target?
The main risks are margin pressure, lumpy orders, weak domestic booking and a premium multiple. Each can pull the Triveni Turbine share price target lower.
Margin Pressure
EBITDA margin fell to 17.3 percent from 25.8 percent on mix. A slow recovery would hit profit. If it materialises, the Triveni Turbine share price target would slip toward the bear case.
Weak Domestic Booking
Domestic order booking fell 35.4 percent and product booking 11.6 percent. A slow domestic cycle would cut volume. This is the main downside risk to the Triveni Turbine share price target.
Premium Multiple
The stock trades at 50 times earnings and 11.7 times book. A bear case EPS of Rs 9.50 at 28 times would put the price near Rs 266. A worsening here would cut the Triveni Turbine share price target toward the low end of the range.
Freight and Export Delays
Deferred export dispatches amid freight costs delayed revenue. They can recur. Watch it closely, because it can pull the Triveni Turbine share price target lower quickly.
Triveni Turbine Stock Analysis: Support and Resistance Levels for the Share Price Target
Triveni Turbine stock analysis on weekly charts shows a range of Rs 519 to Rs 572 since mid-September, with the stock near the lower end.
The first support level is Rs 518.85 to Rs 526, the lows of the weeks of 5 and 28 September. Below that, Rs 428.35 is the 52-week low of the week of 23 March.
The first resistance level is Rs 543 to Rs 559, the highs of the weeks of 5 and 28 September. Above that, Rs 572 to Rs 572.20 marks the highs of the weeks of 14 and 21 September. These levels come from weekly price action, are not trade recommendations, and frame the near-term Triveni Turbine share price target.
Triveni Turbine Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Triveni Turbine Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 519 and Rs 559. A close above Rs 559 would put Rs 572 in play, while a weekly close under Rs 519 would open a slide toward Rs 480. The Q2 FY27 results are the main trigger. This range anchors the near-term Triveni Turbine share price target.
12-Month and 2027 Triveni Turbine Share Price Target
The 12-month target price is Rs 486 to Rs 594, valued on 36 to 44 times FY28 EPS of Rs 13.5. The range across scenarios runs from Rs 266 in the bear case to Rs 850 in the bull case.
Long-Term Triveni Turbine Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 595 to Rs 882. This assumes EPS of Rs 17 in FY29 and Rs 21 in FY30 and a multiple of 35 to 42 times. It needs EBITDA margin to recover from 17.3 percent toward 25 percent, exports to hold near 57 percent of the order book and aftermarket to keep scaling. This is the long-term Triveni Turbine share price target in the Univest scenarios.
Bull Case and Bear Case for Triveni Turbine Share Price Target
Bull Case Rs 748 to Rs 850
The bull case of Rs 748 to Rs 850 for the Triveni Turbine share price target needs EPS of Rs 17 and the market to pay 44 to 50 times for it. It is +40.7% to +59.9% from the last close.
Bear Case Rs 266 to Rs 323
The bear case of Rs 266 to Rs 323 for the Triveni Turbine share price target equals 28 to 34 times FY28 EPS of Rs 9.5 and sits below the Rs 428.35 low. It is -49.9% to -39.2% from the last close.
Is Triveni Turbine a Good Buy at Rs 531? Triveni Turbine Buy or Sell View
Whether Triveni Turbine is a buy at Rs 531.45 depends on horizon and risk appetite. The base case sits between 9 percent below and 12 percent above the current price, the stock is 34 percent below its high, and the open question is margin. The Triveni Turbine share price target range is the starting point for that decision.
Long-term holders may focus on order booking, aftermarket and margin recovery, and treat Rs 519 as the level to watch. Short-term traders may prefer to wait for a close above Rs 559. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Triveni Turbine buy or sell view is educational.
How to Invest in Triveni Turbine Shares
Step 1: Check the live price, valuation and the latest Triveni Turbine 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 Turbine share price target.
Step 3: Search for TRITURBINE on the NSE or 533655 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 266 is bearable.
Step 5: Track margin recovery, order booking and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Triveni Turbine share price target.
Conclusion
Triveni Turbine closed at Rs 531.45 against a Univest base case share price target of Rs 486 to Rs 594, a bull case of Rs 748 to Rs 850 and a bear case of Rs 266 to Rs 323. Q1 FY27 delivered revenue up 19 percent but profit down 21 percent as margin fell to 17.3 percent. The main risks are margin pressure, weak domestic booking and a premium multiple.
The stock is 32.5 percent below its 52-week high, so the base case sits between 9 percent below and 12 percent above the current price. The triggers to watch are margin recovery, order booking and Q2 FY27 results and the Rs 519 and Rs 559 levels. Re-check the Triveni Turbine 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 Turbine 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 Turbine Share Price Target 2026
What is the Triveni Turbine share price target for 2026?
Ans. The Triveni Turbine share price target for 2026 is Rs 486 to Rs 594 in the Univest base case, with a bull case of Rs 748 to Rs 850 and a bear case of Rs 266 to Rs 323. 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 Turbine share price target for 2027?
Ans. The Triveni Turbine share price target for 2027 is Rs 486 to Rs 594 in the base case, valued on 36 to 44 times FY28 EPS of Rs 13.5. The scenario range runs from Rs 266 to Rs 850.
Is Triveni Turbine a good buy at Rs 531.45?
Ans. Whether Triveni Turbine is a good buy at Rs 531.45 depends on your horizon, risk appetite and how you read the Triveni Turbine share price target. The order book and returns are strong, but margin fell sharply and the stock trades at 50 times earnings. Consult a SEBI-registered advisor before investing.
What are the key risks to the Triveni Turbine share price target?
Ans. The key risks to the Triveni Turbine share price target are margin pressure, weak domestic booking, premium multiple and freight and export delays. EBITDA margin fell to 17.3 percent from 25.8 percent on mix. A slow recovery would hit profit.
What are the key catalysts for the Triveni Turbine share price target?
Ans. The key catalysts for the Triveni Turbine share price target are export orders, aftermarket growth, strong return ratios and margin recovery plan. Export order booking rose 53.4 percent and was 68 percent of Q1 booking. Exports are 57 percent of the order book.
Where can I track Triveni Turbine share price today and Triveni Turbine share price target updates?
Ans. You can track the live Triveni Turbine share price, results and any change to the Triveni Turbine 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 Turbine's 52-week high and low?
Ans. Triveni Turbine's 52-week high is Rs 787.60 and its 52-week low is Rs 428.35, based on weekly NSE data. At Rs 531.45 the stock is 32.5 percent below the high and 24.1 percent above the low. Both levels frame the Triveni Turbine share price target.
How to buy Triveni Turbine shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for TRITURBINE on the NSE or 533655 on the BSE, and place a limit order near your entry price, using the Triveni Turbine share price target range as a guide. Size the position so a fall to Rs 266 is bearable, and check the live price on the Univest Screener first.
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