Triton Valves Ltd

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Triton Valves Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Triton Valves Ltd

₹ 1,084 0.78%
30 Sep - close price
tritonvalves.com BSE: 505978 NSE: TRITONV
About

Incorporated in 1975, Triton Valves Ltd
does manufacturing of valves and cores
for automobile tubes and supplies to tyre,
tube and original equipment manufacturers[1]

Key Points

Business evolution & structure:[1]
Triton started with tyre and tube valves business and now deals in Automotive, Metals and Climate Control businesses. The parent houses Automotive and Climate Control, while wholly owned Tritonvalves Future Tech Pvt Ltd is the metals and backward-integration arm. Triton Valves Hong Kong Ltd is inactive and being wound down while Climatech was dissolved without winding up.

Website BSE NSE
  • Market Cap ₹ 555 Cr.
  • Current Price ₹ 1,084
  • High / Low ₹ 1,331 / 650
  • Stock P/E 28.5
  • Book Value ₹ 250
  • Dividend Yield 0.23 %
  • ROCE 11.3 %
  • ROE 8.91 %
  • Face Value ₹ 10.0
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Pros

  • Company has been maintaining a healthy dividend payout of 22.9%

Cons

  • Stock is trading at 4.33 times its book value
  • Company has a low return on equity of 5.93% over last 3 years.
  • Promoter holding has decreased over last 3 years: -6.74%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
106.14 102.35 114.78 105.04 105.88 118.45 121.65 142.39 134.73 131.61 152.75 159.33 186.60
98.81 94.60 107.45 96.74 98.87 109.82 114.21 134.34 126.26 122.71 141.44 147.79 174.40
Operating Profit 7.33 7.75 7.33 8.30 7.01 8.63 7.44 8.05 8.47 8.90 11.31 11.54 12.20
OPM % 6.91% 7.57% 6.39% 7.90% 6.62% 7.29% 6.12% 5.65% 6.29% 6.76% 7.40% 7.24% 6.54%
0.16 0.20 0.30 0.01 0.39 0.12 0.58 0.05 0.37 0.15 -1.30 -0.22 0.20
Interest 3.28 3.47 3.25 2.90 2.46 3.14 3.04 3.92 3.49 3.32 3.34 3.22 3.24
Depreciation 2.98 3.37 3.33 3.55 2.80 2.88 3.21 3.09 3.01 2.73 3.06 3.36 3.01
Profit before tax 1.23 1.11 1.05 1.86 2.14 2.73 1.77 1.09 2.34 3.00 3.61 4.74 6.15
Tax % 52.03% 44.14% 34.29% 50.54% 25.23% 28.21% 38.98% 55.96% 34.19% 35.67% 27.15% 24.05% -59.19%
0.58 0.62 0.69 0.92 1.60 1.96 1.07 0.49 1.54 1.94 2.64 3.60 9.79
EPS in Rs 1.38 1.48 1.64 1.96 3.40 4.17 2.23 1.02 3.21 4.04 5.18 7.03 19.11
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
214 230 322 362 428 488 578 630
191 207 304 348 398 457 538 586
Operating Profit 23 23 18 14 31 31 40 44
OPM % 11% 10% 6% 3.9% 7% 6% 7% 7%
1 2 1 1 1 1 -1 -1
Interest 5 4 8 12 13 13 13 13
Depreciation 11 11 13 13 13 12 12 12
Profit before tax 7 10 -2 -10 5 8 14 18
Tax % 26% 20% 25% -9% 46% 34% 29%
5 8 -3 -9 3 5 10 18
EPS in Rs 13.29 19.02 -7.00 -20.62 5.98 10.67 18.96 35.36
Dividend Payout % 28% 26% -18% -6% 42% 23% 3%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 17%
TTM: 22%
Compounded Profit Growth
10 Years: %
5 Years: 7%
3 Years: 47%
TTM: 285%
Stock Price CAGR
10 Years: 14%
5 Years: 27%
3 Years: 40%
1 Year: 36%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 6%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 1 1 1 1 1 1 1
Reserves 77 85 80 70 102 108 127
59 98 122 131 120 132 132
22 32 30 39 41 47 64
Total Liabilities 159 215 233 242 264 288 325
58 89 90 94 83 78 84
CWIP 3 5 4 1 2 9 6
Investments 0 1 1 1 1 2 1
98 120 138 146 177 199 233
Total Assets 159 215 233 242 264 288 325

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
22 6 -9 16 25 -14 18
-12 -38 -16 -15 1 -17 -13
-0 34 15 -4 4 1 -5
Net Cash Flow 10 2 -11 -2 30 -30 1
Free Cash Flow 10 -32 -22 3 21 -29 4
CFO/OP 114% 27% -32% 127% 89% -36% 56%

Ratios

Consolidated / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 59 70 53 54 43 50 48
Inventory Days 95 109 112 97 92 104 104
Days Payable 47 71 43 46 42 41 46
Cash Conversion Cycle 107 108 122 105 93 113 106
Working Capital Days 5 -12 -9 -5 -4 14 21
ROCE % 9% 3% 1% 9% 9% 11%

Insights

In beta
Mar 2017 Mar 2019 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Market Share in Automotive Tube & Tyre Valves
%

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Annual Installed Capacity - Brass Mill
MT per annum
Annual Installed Capacity - Valves
million pieces per annum
Segment Revenue Mix - Automotive
%
Segment Revenue Mix - Climate Control
%
Segment Revenue Mix - Metals
%
Capacity Utilization - Automotive Components
%
Capacity Utilization - Metals (Brass Mill)
%
EV Valve Volumes
lakh pieces
Market Share in Tubeless Valves
%
Patents Granted
count
Tyre & Tube Valve Volumes
lakh pieces
Vehicle OE Valve Volumes
lakh pieces
Capacity Utilization - Climate Controls
%
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
52.85% 52.85% 52.85% 46.35% 46.35% 46.35% 45.70% 45.69% 45.69% 45.96% 45.96% 46.11%
0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.57% 0.56% 0.56% 0.56% 0.00% 0.00% 0.00%
47.15% 47.16% 47.15% 53.64% 53.62% 53.08% 53.74% 53.76% 53.73% 54.04% 54.03% 53.89%
No. of Shareholders 5,9756,0465,8166,0786,0855,9855,9596,1296,0465,9246,2496,608

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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