Triveni Engineering Q4 FY26: Growth powered by alcohol, steady sugar, and a major restructuring reset

FY26 revenue from operations was INR 7,621 crore gross (INR 6,291 crore net of excise duty), EBITDA was INR 624 crore and PAT was INR 269 crore.

In Q4 FY26, revenue from operations was INR 1,834 crore gross, EBITDA was INR 286 crore and PAT was INR 167 crore, lower than Q4 FY25 on each of these metrics.

NCLT approved the composite scheme via orders dated 07 May 2026 and 18 May 2026, and it became effective on 19 May 2026 upon filing with ROC. Further steps include share allotments and listing actions.

TPTL will issue 1 equity share of face value INR 2 to TEIL shareholders for every 3 TEIL shares of face value INR 1 held, while TEIL continues to hold its existing shares in TPTL.

FY26 net revenue figures shown were Sugar INR 4,477 crore, Alcohol INR 1,552 crore, Power Transmission INR 340 crore and Water INR 269 crore.

The presentation attributes higher profitability mainly to lower procurement costs of maize, higher sales volumes and production and operational efficiencies.

The company reports sugarcane crushing capacity of 70,500 tonnes per day and distillery capacity of 860 KLPD, excluding the 100 KLPD Shamli unit.