NSE: TDPOWERSYS · BSE: 533553 · ISIN INE419M01035
TD Power Systems Limited stock analysis
TD Power Systems Limited ranks #107 in the TickerSutra evidence-ranked universe with a score of 72/100 and 95% data confidence. The latest captured fundamentals show ROCE of 34.0%, quarterly sales growth of 72.1% and quarterly profit growth of 72.3%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 34%
- Low debt/equity of 0.02×
- 28.6% three-year sales CAGR
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹797cr | ₹97cr | ₹70cr | 12.0% |
| 2023 | ₹872cr | ₹134cr | ₹97cr | 15.0% |
| 2024 | ₹1,001cr | ₹171cr | ₹118cr | 17.0% |
| 2025 | ₹1,279cr | ₹235cr | ₹175cr | 18.0% |
| 2026 | ₹1,856cr | ₹335cr | ₹239cr | 18.0% |
| TTM | ₹2,124cr | ₹383cr | ₹275cr | 18.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
TD Power Systems Limited has informed the Exchange regarding allotment of 12,50,000 equity shares pursuant to Preferential Issue.
RoutineTD Power Systems Ltd - 533553 - Intimation Under Regulation 30 Of SEBI LODRBSE · 12 Sept 2026In - Principal approval for the issue of 12,50,000 equity shares to promoters on a preferential basis
RoutineGeneral UpdatesNSE · 12 Sept 2026TD Power Systems Limited has informed the Exchange about receipt of In-principle approval for the issue of 12,50,000 equity shares to Promoters on a preferential basis
RoutineTD Power Systems Ltd - 533553 - Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportBSE · 11 Sept 2026Scrutinizer Report
RoutineShareholders meetingNSE · 11 Sept 2026TD Power Systems Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on September 10, 2026. Further, the company has informed the Exchange regarding voting results.
MANAGEMENT COMMENTARY
Signals from filed documents
Moderator: Next question comes from the line of Mythili Balakrishnan with Alchemy Capital Management Private Limited. Mythili Balakrishnan I just wanted to get a sense of the market share which we now command in the export market. How many have we increased our wallet share with our OEM customers and also, any client additions or anything else that you want to point out in that direction?
Lastly, on your capex, you did highlight that INR50 crores investment probably will get you to close to INR3,200 crores by FY'28 Just wanted to understand and probably you are adding capacity beyond that, will it be also driven by the demand , by more customer additions or any other verticals? Or this is the pure -play demand which is coming and that's where you will be expanding because of the demand or there's othe
The global traction motor market is witnessing strong growth, driven by accelerating adoption of electrified mobility, expansion of EV manufacturing and increasing investments in railway electrification. Demand is further supported by government incentives and regulatory focus on cleaner transportation solutions. Technological advancements in motor control systems and integration of smart technologies are enhancing p
Nikhil Kumar: Look, I can't tell you we have guided in the last call that we will maintain our approximately plus/minus 1% here and there, we maintain the gross contribution margin for the company. So, part of it will come from price increases, part of it will come from cost reductions, part of it will come from product mix. Part of it will come from exchange rate gains.
In the case of whole-time director including Managing Director, the breakup of remuneration and quantum of perquisites including, employer’s contribution to P.F, medical expenses etc. shall be decided and approved by the Board/the person authorised by the Board on the recommendation of the Committee and approved by the shareholders, if required. Minimum Remuneration If, in any fiscal year, the Company has no profits
The Company conducts earnings calls after the board meeting to discuss financial results of the Company for the quarter, half year and year ended as the case may be. The presentations made to the institutional investors or analysts, if any, are sent to Stock Exchanges and also made available on the website of the Company at www.tdps.co.in. Annual General Meeting Date, Time and Venue Wednesday, 12 th day of August 202
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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