ALFA Finder
| Market Cap | ₹587.99 CrSmall Cap |
|---|---|
| P/E Ratio | 32.73xSector PE: 32.38x |
| RSI | 60.35Neutral Zone |
| 1-Year Return | 55.13%Outperforming Sector |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 200 | 187 | 132 |
| Other Income | 0.2 | 0.2 | 0.2 |
| Total Income | 200 | 187 | 132 |
| Profit Before Tax | 7.6 | 6.2 | 3.0 |
| Net Profit | 6.0 | 9.8 | 1.9 |
| Operating Margin | 3.8% | 3.3% | 2.3% |
| Net Profit QoQ | -38.8% | ||
| Net Profit YoY | +215.8% | ||
| Adj. Profit QoQ | +23.3% | ||
| Adj. Profit YoY | +164.3% | ||
Key highlights
- Revenue from operations reached ₹200 crore, up 51.5% from ₹132 crore in Q2 FY26
- Net profit stood at ₹6.0 crore, marking a 215.8% increase on a year-on-year basis
- Operating margins improved to 3.8% in Q2 FY27 from 2.3% in the same quarter last year
- Adjusted profit grew 23.3% sequentially compared to Q1 FY27
- Automotive segment revenue contributed ₹106.28 crore to the consolidated top line
Automotive and Metal Segments Drive Revenue Growth
Triton Valves reported consolidated revenue from operations of ₹200 crore for the quarter ended September 30, 2026, continuing a steady growth trajectory from ₹187 crore in the preceding quarter. The performance was anchored by the Automotive segment, which recorded net revenues of ₹106.28 crore, and the Metals segment, which contributed ₹89.25 crore. This growth significantly outpaced the broader sector, with the company's year-on-year revenue increase of 51.5% exceeding the sector average of 25.27%.
The results reflect the ongoing execution of long-term contracts, including the ₹112 crore global TPMS supply deal secured earlier in the year.
Operating Efficiency and Margin Profiles
- Operating margins expanded to 3.8%, up from 3.3% in Q1 FY27 and 2.3% in Q2 FY26
- Profit Before Tax (PBT) reached ₹7.6 crore, rising from ₹6.2 crore in the previous quarter
- Raw material costs were adjusted for inventory changes of ₹33.07 crore during the six-month period
- Climate Control segment contributed ₹2.46 crore to net revenue during the quarter
- The company maintained a Piotroski Score of 8, indicating high financial strength
Strategic Expansion and Capacity Guidance
In line with its long-term strategy, the company is progressing with a planned capital expenditure of ₹15 crore for FY27. This investment is directed toward expanding capacity for electric vehicle (EV) components and climate-control systems, areas which currently represent a smaller but growing portion of the total revenue mix. The company's recent 7-year global TPMS supply contract with Aumovio Germany, valued at ₹112 crore, remains a central driver for long-term revenue visibility.
Management continues to focus on enhancing supply chain visibility and mitigating risks associated with volatility in brass prices through its internal processing changes.
Audit and Governance Notes
The Unaudited Financial Results for the Second quarter and half year ended September 30, 2026 together with Limited Review Report has been reviewed by Audit Committee and approved by the Board of Directors.
| Date | Announcement | Amount |
|---|---|---|
| 13 Aug 2026 | Q1 FY27 Consolidated Revenue from OperationsSource: BSE filing | ₹186.60 Cr |
| 28 May 2026 | Q4 FY26 Consolidated Revenue from OperationsSource: tritonvalves.com | ₹159.33 Cr |
| 12 Feb 2026 | Q3 FY26 Consolidated Revenue from OperationsSource: geojit.com | ₹152.75 Cr |
| 13 Nov 2025 | Q2 FY26 Consolidated Revenue from OperationsSource: geojit.com | ₹131.61 Cr |
| 13 Aug 2025 | Q1 FY26 Consolidated Revenue from OperationsSource: business-standard.com | ₹134.73 Cr |
| 30 May 2025 | Q4 FY25 Consolidated Revenue from OperationsSource: screener.in | ₹142.39 Cr |
What to watch next
- Deployment of ₹15 crore Capex for EV component capacity expansion by March 2027
- Ramp-up of the Aumovio Germany TPMS supply contract execution
- Impact of raw material price volatility on H2 FY27 metal segment margins
- Next quarterly results announcement expected in February 2027
“The company continues to monitor the developments pertaining to Labour Codes and will evaluate impact, if any, on the measurement of liability pertaining to employee benefits.”
| Share price | ₹1147.95 |
|---|---|
| Market capitalisation | ₹587.99 Cr |
| Revenue (annual) | ₹578.42 Cr |
| Net profit (annual) | ₹9.71 Cr |
| Revenue (latest quarter) | ₹186.60 Cr+17.11% vs previous quarter |
| Net profit (latest quarter) | ₹9.79 Cr+171.82% vs previous quarter |
| P/E (TTM) | 32.73×Sector 32.38× |
| Promoter holding | 46.11%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Triton Valves Ltd announcing its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
