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Earnings Call

TD Power Systems Earnings Call: Key Takeaways

TDPS reported strong FY26 performance with standalone revenue up 35% and PAT up 42%. Growth is driven by AI data centers, gas engines, and a transition to larger generator capacities.

Why this was an Alfa AlertManagement materially raised FY27 revenue guidance from previous levels to ₹2,400-plus crores, representing a significant upward revision to match high order inflow.
Highlights
Revenue growthConsolidated up 44% YoY; Standalone up 35% YoY.
MarginsTurkey one-off hit margins; expect return to 35-36% levels.
Order bookManufacturing: ₹19.73B; Total Inflow: ₹22.38B (+51% YoY).
Demand visibilityStrong; AI data centers (100GW US potential) and gas engines.
Management confidenceHigh; capacity booked through FY28 on conservative basis.

Growth

Standalone revenue: ₹17.37B (+35%); PAT: ₹2.18B (+42%). Consolidated revenue: ₹18.78B (+44%); PAT: ₹2.36B (+36%).

Outlook

FY27 revenue guidance raised to ₹24B+; targeting ₹32B by FY28. Significant capex planned for 200MW large generator rotors.

Risks

High capacity utilization execution pressure; commodity price volatility (copper); shipping delays and LD penalties in Turkey.

Source

Earnings Call filed with NSE, NSE: TDPOWERSYS. Summary written with AI assistance from the document.

Read the document ↗

TD Power Systems Ltd: key numbers

Share price
₹633.60
Market cap
₹20,367 Cr
Revenue (annual)
₹1,856 Cr
Net profit (annual)
₹238.8 Cr
P/E (TTM)
74.1×Sector 51.9×
Promoter holding
26.51%-0.36% QoQ
FII holding
22.66%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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