• The document is a transcript of an earnings conference call held on October 26, 2026, following the announcement of the company's unaudited financial results for Q2 and H1 FY27 ended September 30, 2026.
  • The call was moderated by representatives from CDR India and featured management participants including Mr. Tarun Sawhney (Vice Chairman and Managing Director), Mr. Suresh Taneja (Group CFO), Mr. Rajiv Rajpal (CEO), and Mr. Raman Kumar (CFO).
  • The stated purpose was to discuss quarterly results and provide a business update. The meeting was held after the earnings announcement.
  • Key financial highlights disclosed during the call include:
  • Q2 FY27 revenue grew 6% YoY and 60% sequentially
  • H1 FY27 revenue grew 18% YoY to ₹189 crores
  • Q2 FY27 EBITDA margin was 36.1%
  • H1 FY27 EBITDA margin was 35.7%
  • H1 FY27 positive free cash flow after capex of ~₹13 crores
  • Q2 FY27 order booking increased 48% to ₹126 crores
  • H1 FY27 order booking stood at ₹330 crores, growth of 95% YoY
  • Closing order book position as of September 30, 2026: ₹626 crores (up 57% YoY)
  • H1 FY27 capital expenditure: ₹41 crores
  • Business segment performance:
  • Aftermarket revenues: Q2 up 41% YoY, H1 up 29% YoY, contributing 27% to revenue
  • Defence revenue scaled meaningfully from a low base
  • Export orders: Q1 FY27 ₹12 crores, Q2 FY27 ₹36 crores (3x increase)
  • Strategic updates included:
  • Focus on expanding international aftermarket through partnerships and agents
  • Development of new products for data centers and space applications
  • Defence business development with broader indigenous platform spanning marine gearboxes, propulsion shafting, and ship-related products
  • Completion of major ₹340 crore capex program (evenly split between gears and defence)
  • The company indicated that no unpublished price sensitive information (UPSI) would be shared during the call.

Additional Notes Section

  • The document includes the full question-and-answer session with analysts from various institutions covering topics such as order book delivery schedules, margin trends, defence revenue contribution, competitive landscape, and capacity utilization.
  • The transcript was submitted to exchanges pursuant to Regulation 46 of SEBI (LODR) Regulations, 2015, and is also available on the company's website at www.trivenipowertransmission.com.
  • No financial presentation deck or additional attachments were included with this specific filing.
  • The document contains a standard disclaimer noting that the transcript may contain inaccuracies or errors due to transcription limitations.