TD Power Systems Limited share price

NSE: TDPOWERSYS · ISIN INE419M01035

Key numbers

Market cap
₹ 23,577 Cr
Current price
₹ 751.55
52-week high / low
₹ 818 / 283
Stock P/E
85.1
Book value
₹ 34.3
Dividend yield
0.14%
ROCE
33.4%
ROE
24.7%
Debt to equity
0.02
Sales growth (3 yrs)
29.2%
Profit growth (3 yrs)
35.1%
1-year return
161.8%

About TD Power Systems Limited

TD Power Systems Limited, together with its subsidiaries, manufactures and sells AC generators and electric motors in India and internationally. The company offers steam turbine, gas turbine, hydro turbine, gas engine, and diesel engine generators; and induction, traction, and synchronous motors; and hydro, and diesel power plants, as well as geothermal and wind applications. It also provides design and manufacturing services; spares and refurbishment services; and after-sales services. The company's products are used in data centers, renewable energy, oil and gas, thermal power, railways, steel, marine, pulp and paper, sugar and ethanol, textiles, irrigation, and cement plants applications. TD Power Systems Limited was incorporated in 1999 and is headquartered in Bengaluru, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales348372443589640
Operating profit65698098122
Net profit5350567286
EPS (₹)3.403.213.614.625.52

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Guidance, we revised our guidance for FY '27 at INR2,600 crores with a small chance that we may even cross this number.
  • So, as I mentioned in my earnings call speech a few minutes ago, we expect we are building our capacity with some debottlenecking for INR32 billion next year.

Growth & demand

  • Order book for the Manufacturing segment is INR22.08 billion, out of which INR19.29 billion is the generator and motor manufacturing business, INR2.11 billion is railway business, spares and aftermarket is INR0.22 billion and INR0.46 billion is the Turkey business.
  • Order inflow during the quarter is INR7.34 billion, an increase of 87% on a Q-on-Q basis.

Margins & costs

  • EBITDA for the quarter is 19.34%, including other income, excluding exceptional and treasury income versus 18.7% over the same period in the previous year.
  • So, we have always guided for 18% to 19% EBITDA margin and in such a global situation as well, firstly, I wanted to understand how we are able to manage and maintain our margins.

Capex & expansion

  • As mentioned above, at the moment, we have sufficient capacity for FY '28 around INR22 billion.
  • Next, we're looking at what we should be doing for FY '29 and FY '30 to move the capacity to INR40 billion and above.

Balance sheet & cash

  • Actually, working capital will continue to remain on the same line because we see a significant growth from last year to this year and on the current liabilities, yes, there are customer advances and also the provision for taxation because of the increased volume of business.
  • So, my question is again on the trade receivables part.

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