In ₹ Crore except Per Share Latest Annual	TRITURBINE FY26	THERMAX FY26	BHEL FY26	ACE FY26	Peer Average
Valuation — at last close
P/E	42.69×	49.93×	87.38×	◆ 29.44×	55.59× -23%
P/B	10.33×	6.48×	◆ 5.35×	6.08×	5.97× +73%
EV/EBITDA	31.87×	34.90×	58.19×	◆ 23.01×	38.70× -18%
Market Cap	₹14,933 Cr	₹35,970 Cr	₹1.40L Cr	₹12,232 Cr	₹62,721 Cr -76%
Growth
Revenue CAGR 3Y	◆ 20.47%	9.75%	13.08%	14.95%	12.59% +63%
Revenue CAGR 5Y	◆ 25.43%	17.42%	14.31%	21.73%	17.82% +43%
Net Income CAGR 3Y	21.90%	16.91%	◆ 49.66%	33.88%	33.48% -35%
Revenue YoY (latest Q)	19.23%	7.09%	◆ 23.81%	20.49%	17.13% +12%
Net Income YoY (latest Q)	-20.65%	-85.61%	◆ 118.98%	22.28%	18.55% -211%
Profitability
EBITDA Margin	◆ 20.65%	9.60%	6.93%	15.36%	10.63% +94%
Net Income Margin	◆ 16.02%	6.74%	4.74%	12.65%	8.04% +99%
Return on Common Equity	◆ 26.27%	13.74%	6.29%	22.90%	14.31% +84%
Return on Capital Employed	◆ 30.12%	11.81%	4.84%	25.59%	14.08% +114%
Return on Assets	◆ 15.47%	5.69%	2.22%	13.92%	7.28% +113%
Credit & Quality
Total Debt/Equity	◆ 0.00×	0.41×	0.31×	0.00×	0.24× -100%
Interest Coverage	◆ 160.08×	5.89×	2.68×	21.20×	9.92× +1513%
Scale — latest FY
Revenue / Total Income	₹2,181 Cr	₹10,694 Cr	₹33,782 Cr	₹3,280 Cr	₹15,919 Cr -86%
Net Income	₹349 Cr	₹720 Cr	₹1,600 Cr	₹415 Cr	₹912 Cr -62%
Total Assets	₹2,497 Cr	₹13,282 Cr	₹76,186 Cr	₹3,252 Cr	₹30,906 Cr -92%
EPS	₹11	₹63.95	₹4.6	₹34.88	₹34.48 -68%
Book Value per Share	₹45.47	₹492.67	₹75.09	₹168.85	₹245.54 -81%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.