Triton Valves posts strong Q2 growth, targets double-digit EBITDA

Triton Valves Limited reported a 20% year-on-year increase in automotive vertical sales volume for Q2 2025, with product sales reaching INR 74 crores, up from INR 62 crores last year. The company normalized its EBITDA, accounting for INR 80 lakhs in one-off expenses related to its 50th-year celebration, and achieved a 152 basis point increase in PBT.

Group consolidation numbers saw an 11% year-on-year increase, rising from INR 118 crores to INR 131 crores, with normalized EBITDA reaching close to INR 10 crores, demonstrating resilience despite a challenging quarter for the climate control vertical. For the first half of 2025, standalone product sales grew by 14.5%, outperforming the industry average.

The company aims to achieve double-digit EBITDA margins by Q4 2025, potentially reaching 10% or more across its verticals. Triton Valves is targeting a long-term revenue milestone of INR 1,000 crores within three to five years, with an anticipated split of roughly INR 400 crores each from automotive and metals verticals, and INR 200 crores from climate control. The company also secured its first order from a Middle East defense contractor and has seen its battery components qualified by Reliance New Energy.