TD Power Systems Ltd
TDPOWERSYS NSE
TD Power Systems Ltd
IndustrialsNSE: TDPOWERSYS BSE: 533553 Electrical Equipment
Key Fundamentals
SmallcapElectrical EquipmentCapital GoodsMarket Cap
₹24,909 Cr
Volatility
High Risk
P/E Ratio
90.15
EBITDA
₹351 Cr
Return on Equity
22.28%
Debt to Equity
0.02
Book Value
₹68.6
EPS
₹8.13
52W High
₹1,569.8
52W Low
₹493
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view TD Power Systems Ltd insights
51 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 43.4% CAGR over last 5 years
Weaknesses
2- Stock is trading at 22.6 times its book value
- Promoter holding has decreased over last 3 years: -31.6%
Growth Rate
Revenue Growth
44.16% ↗
Net Income Growth
36.77% ↗
Cash Flow Change
226.59% ↗
ROE
9.81% ↘
ROCE
12.48% ↘
EBITDA Margin (Avg.)
-4.25% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk high
TD Power Systems Ltd is a nearly debt-free capital goods company with a market cap of ₹23,123 Cr, trading at a PE of 84x and 21.6x book value. The company has delivered strong profit growth of 43% CAGR over 5 years and TTM sales growth of 54%, though the stock has already re-rated sharply with a 193% return over the past year.
Bull Case 8
- Company is almost debt-free, providing financial flexibility and low interest burden in a capital-intensive sector
- Compounded profit growth of 43% CAGR over 5 years demonstrates sustained earnings momentum
- TTM sales growth of 54% indicates a sharp acceleration in order execution and revenue recognition
- ROE of 25% in the last year reflects efficient capital deployment and strong profitability
- 3-year ROE average of 22% and 5-year average of 20% show consistent return generation well above cost of equity
- Compounded sales CAGR of 26% over 5 years shows the business has scaled meaningfully over a longer horizon
- 10-year profit CAGR of 40% demonstrates long-term compounding ability through multiple business cycles
- Company is expected to deliver a good upcoming quarter, suggesting near-term earnings visibility remains intact
Bear Case 8
- PE of 84x is extremely elevated for a capital goods company, leaving limited margin of safety if growth slows
- Stock is trading at 21.6x book value, implying significant premium to tangible assets and high expectations already priced in
- Stock has returned 193% in 1 year, raising the risk of mean reversion or sharp correction on any earnings miss
- Promoter holding has decreased by 31.6% over the last 3 years, which may signal reduced insider conviction or dilution
- Dividend yield of only 0.14% offers negligible income cushion for investors during potential drawdowns
- TTM profit growth of 45% is lower than TTM sales growth of 54%, suggesting some margin compression or operating deleverage at the margin
- 10-year sales CAGR of only 14% versus 10-year profit CAGR of 40% indicates recent growth is a step-change that may not be sustainable long-term
- At 84x PE, the stock needs to sustain 40%+ profit growth for multiple years just to grow into its current valuation, creating high execution risk
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 20h ago Positives 2
- Q1 net profit surges 81% YoY Aug 11
TD Power Systems reported net profit of ₹86.46 crore in Q1FY27, an 81% year-on-year increase driven by strong revenue growth.
- FY27 revenue guidance raised to ₹26B Aug 12
Management raised FY27 revenue forecast to ₹26 billion during the earnings concall, noting potential to exceed this revised target.
Neutral 3
- Q1FY27 earnings call held Aug 12 Aug 12
TD Power Systems held its Q1FY27 earnings conference call on August 12, 2026, with the MD and CFO discussing results for the quarter ended June 30, 2026.
- Analyst meet at Motilal Oswal conference Aug 10
Company will host investor meetings at the Motilal Oswal conference on August 17-18, 2026, limited to publicly available information.
- ₹18 crore block trade on NSE Jul 24
Approximately 1.6 lakh shares traded in a block deal at ₹1,123.10 per share on the NSE, totalling ₹18.05 crore, indicating institutional-level activity.
TL;DR: TD Power Systems delivered a strong Q1FY27 with 81% profit growth and raised its full-year revenue guidance to ₹26 billion, signalling robust order execution. No material headwinds emerged in the recent news flow. The trend is clearly improving with management confidence high enough to revise targets upward early in the fiscal year.
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 220 | 274 | 243 | 264 | 274 | 306 | 350 | 348 | 372 | 452 | 443 | 589 | 640 |
| Expenses | 182 | 227 | 203 | 222 | 225 | 251 | 289 | 283 | 303 | 370 | 362 | 491 | 518 |
| Operating Profit | 39 | 47 | 40 | 42 | 48 | 56 | 61 | 65 | 69 | 83 | 80 | 98 | 122 |
| OPM % | 18% | 17% | 16% | 16% | 18% | 18% | 17% | 19% | 19% | 18% | 18% | 17% | 19% |
| Other Income | 4 | 3 | 5 | 5 | 3 | 6 | 4 | 11 | 4 | 5 | 4 | 8 | 3 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 7 | 7 |
| PBT | 37 | 45 | 40 | 41 | 46 | 56 | 60 | 70 | 67 | 82 | 78 | 99 | 117 |
| Tax % | 28% | 27% | 25% | 29% | 23% | 26% | 25% | 25% | 26% | 26% | 28% | 27% | 26% |
| Net Profit | 27 | 33 | 30 | 29 | 35 | 41 | 45 | 53 | 50 | 60 | 56 | 72 | 86 |
| EPS in Rs | 1.71 | 2.1 | 1.91 | 1.86 | 2.26 | 2.64 | 2.88 | 3.39 | 3.21 | 3.85 | 3.61 | 4.62 | 5.52 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 597 | 507 | 380 | 435 | 459 | 515 | 594 | 797 | 872 | 1,001 | 1,279 | 1,856 | 2,124 |
| Expenses | 581 | 498 | 369 | 424 | 429 | 477 | 523 | 701 | 739 | 829 | 1,043 | 1,521 | 1,742 |
| Operating Profit | 16 | 9 | 11 | 10 | 30 | 38 | 71 | 97 | 134 | 171 | 235 | 335 | 383 |
| OPM % | 2.8% | 1.8% | 2.8% | 2.4% | 7% | 7% | 12% | 12% | 15% | 17% | 18% | 18% | 18% |
| Other Income | 24 | 20 | 20 | 16 | 9 | 27 | 16 | 24 | 21 | 16 | 24 | 21 | 20 |
| Interest | 6 | 7 | 6 | 9 | 6 | 10 | 9 | 7 | 4 | 4 | 8 | 8 | 2 |
| Depreciation | 29 | 29 | 28 | 27 | 26 | 22 | 22 | 22 | 21 | 21 | 20 | 23 | 25 |
| PBT | 6 | -7 | -4 | -10 | 7 | 33 | 56 | 92 | 130 | 162 | 232 | 326 | 376 |
| Tax % | 114% | 33% | 24% | 51% | 57% | 9% | 20% | 23% | 25% | 27% | 25% | 27% | — |
| Net Profit | -1 | -9 | -4 | -14 | 3 | 30 | 45 | 70 | 97 | 118 | 175 | 239 | 275 |
| EPS in Rs | -0.05 | -0.55 | -0.27 | -0.87 | 0.2 | 1.94 | 2.92 | 4.53 | 6.2 | 7.58 | 11.18 | 15.28 | 17.6 |
| Div. Payout % | -1059% | -110% | -135% | -41% | 194% | 23% | 17% | 15% | 16% | 15% | 11% | 11% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 461 | 440 | 437 | 416 | 385 | 394 | 440 | 496 | 573 | 674 | 829 | 1,041 |
| Borrowings | 57 | 28 | 45 | 69 | 61 | 68 | 52 | 71 | 0 | 0 | 12 | 18 |
| Other Liabilities | 345 | 292 | 233 | 190 | 271 | 265 | 262 | 309 | 299 | 333 | 491 | 787 |
| Total Liabilities | 896 | 793 | 749 | 708 | 748 | 757 | 785 | 907 | 903 | 1,038 | 1,364 | 1,877 |
| Fixed Assets | 272 | 258 | 233 | 213 | 198 | 180 | 174 | 166 | 163 | 186 | 207 | 294 |
| CWIP | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 17 | 17 |
| Investments | 0 | 0 | 0 | 0 | 10 | 20 | 20 | 20 | 20 | 10 | 0 | 0 |
| Other Assets | 624 | 534 | 515 | 495 | 539 | 557 | 590 | 720 | 720 | 842 | 1,140 | 1,566 |
| Total Assets | 896 | 793 | 749 | 708 | 748 | 757 | 785 | 907 | 903 | 1,038 | 1,364 | 1,877 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 47 | -13 | -20 | -3 | 48 | 56 | -3 | 11 | 89 | 84 | 40 | 129 |
| Investing | -3 | 2 | 9 | 3 | -13 | 0 | -11 | -14 | -13 | -34 | -34 | -105 |
| Financing | -12 | -35 | 1 | 7 | -45 | -17 | -20 | 11 | -89 | -16 | -7 | -21 |
| Net Cash Flow | 32 | -46 | -9 | 7 | -10 | 39 | -34 | 8 | -13 | 34 | -1 | 3 |
| Free Cash Flow | 25 | -27 | -24 | -10 | 37 | 58 | -18 | -4 | 72 | 40 | -16 | 19 |
| CFO/OP | 308 | -113 | -132 | 28 | 164 | 170 | 10 | 29 | 93 | 72 | 39 | 59 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 95 | 112 | 154 | 155 | 182 | 123 | 100 | 110 | 113 | 112 | 125 | 146 |
| Inventory Days | 62 | 88 | 113 | 96 | 129 | 147 | 174 | 134 | 123 | 139 | 165 | 148 |
| Days Payable | 136 | 145 | 184 | 140 | 192 | 146 | 100 | 97 | 81 | 78 | 101 | 121 |
| Cash Conversion Cycle | 21 | 55 | 83 | 111 | 118 | 123 | 174 | 147 | 154 | 173 | 189 | 173 |
| Working Capital Days | -38 | -8 | 11 | 50 | 60 | 40 | 64 | 78 | 100 | 104 | 120 | 109 |
| ROCE % | 2% | 0% | 1% | 0% | 3% | 6% | 12% | 16% | 22% | 25% | 30% | 34% |
Documents
1
Board Meeting Intimation for Considering Audited Financial Results, Recommendation Of Dividend, If Any, For The FY Ended March 31, 2026 And Proposal For Alteration In The Share Capital Of The Company By Sub - Division/Split Of Existing Equity Shares.
6 May - Board meets May 14, 2026 for FY26 audited results, dividend, and share split proposal. 6 May - Board meets May 14, 2026 for FY26 audited results, dividend, and share split proposal.
2
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 May - TD Power Systems scheduled an analyst and investor call on May 15, 2026 for Q4FY26 results. 6 May - TD Power Systems scheduled an analyst and investor call on May 15, 2026 for Q4FY26 results.
3
Announcement under Regulation 30 (LODR)-Allotment
24 Apr - 13,600 equity shares allotted on April 24, 2026 under ESAR plan 2019. 24 Apr - 13,600 equity shares allotted on April 24, 2026 under ESAR plan 2019.
4
Announcement under Regulation 30 (LODR)-Allotment
1d - 13,600 equity shares allotted on April 24, 2026 under ESAR plan 2019. 1d - 13,600 equity shares allotted on April 24, 2026 under ESAR plan 2019.
5
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
14 Apr - TD Power Systems confirms it is not a Large Corporate under SEBI disclosure norms. 14 Apr - TD Power Systems confirms it is not a Large Corporate under SEBI disclosure norms.
Frequently Asked Questions about TD Power Systems Ltd
What does TD Power Systems Ltd do?
TD Power Systems Ltd is engaged in manufacturing AC generators and Electric motors for various applications which are specifically designed to suit the needs of the customers based on their requirements and specifications.[1]
Where is TD Power Systems Ltd (TDPOWERSYS) listed?
TD Power Systems Ltd is listed on the Indian stock exchanges. It is listed on NSE: TDPOWERSYS and BSE: 533553. You can view its live share price, financials, and ratios on Tapetide.
Which sector does TD Power Systems Ltd belong to?
TD Power Systems Ltd operates in the Industrials sector within the Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of TD Power Systems Ltd?
TD Power Systems Ltd has a market capitalisation of approximately ₹24909.06 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of TD Power Systems Ltd?
The Price-to-Earnings (PE) ratio of TD Power Systems Ltd is 90.15. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of TD Power Systems Ltd?
Over the past 52 weeks, TD Power Systems Ltd has traded between a low of ₹493 and a high of ₹1,569.8. This range helps investors understand the stock's price volatility and recent trading levels.
Does TD Power Systems Ltd pay dividends?
Yes, TD Power Systems Ltd has a dividend yield of 0.14%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of TD Power Systems Ltd?
TD Power Systems Ltd has a Return on Equity (ROE) of 22.28%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research TD Power Systems Ltd on Tapetide?
On Tapetide, you can view TD Power Systems Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
TD Power Systems Ltd is engaged in manufacturing AC generators and Electric motors for various applications which are specifically designed to suit the needs of the customers based on their requirements and specifications.[1]