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TD Power Systems Limited
(TDPOWERSYS)
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Rating:61Neutral
Price Target:
₹849.00
▼(-23.75% Downside)
Action:Downgraded
Date:08/25/26
The score is supported by strong fundamentals (rapid revenue/earnings growth and an exceptionally low-leverage balance sheet), but is held back by weak technical trend (price below major moving averages) and an expensive valuation (high P/E with low yield). Cash-flow volatility and low free-cash-flow conversion versus earnings is a key risk to monitor.
Positive Factors
Rapid Revenue Growth
Rapid multi-year revenue expansion indicates strong demand for TD Power Systems’ generators and related equipment across power and industrial applications. Continued scale growth can improve operating leverage, broaden market reach, and support sustained earnings development over the next several quarters.
Negative Factors
Volatile Cash Conversion
Cash generation has been materially less consistent than reported earnings, with sharp free-cash-flow swings and low coverage of net income. Persistent working-capital or investment demands could limit internally funded growth and make the timing of distributable cash less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid Revenue Growth
Rapid multi-year revenue expansion indicates strong demand for TD Power Systems’ generators and related equipment across power and industrial applications. Continued scale growth can improve operating leverage, broaden market reach, and support sustained earnings development over the next several quarters.
Read all positive factors
TD Power Systems Limited (TDPOWERSYS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹251.48B
Dividend Yield0.13%
Average Volume (3M)364.62K
Price to Earnings (P/E)91.5
Beta (1Y)1.41
Revenue Growth54.29%
EPS Growth45.24%
CountryIN
Employees970
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)8.80
Shares Outstanding312,456,850
10 Day Avg. Volume165,218
30 Day Avg. Volume364,616
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)12.57
Price to Sales (P/S)7.26
P/FCF Ratio732.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)11
Revenue Forecast (FY)₹24.10B
TD Power Systems Limited Business Overview & Revenue Model
Company Description
TD Power Systems Limited, along with its subsidiaries, manufactures and distributes AC generators and electric motors to customers both in India and internationally. The company's operations are segmented into its Manufacturing Business and Projec...
How the Company Makes Money
TD Power Systems primarily makes money by selling engineered-to-order and standard AC generators/alternators and associated packages to OEMs, EPC contractors, and end customers for power generation and industrial projects. Revenue is generally dri...
TD Power Systems Limited Financial Statement Overview
Summary
Income Statement
88
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.24B | 18.56B | 12.56B | 9.76B | 8.49B | 7.84B |
| Gross Profit | 5.99B | 6.15B | 4.23B | 3.15B | 2.56B | 2.12B |
| EBITDA | 4.00B | 3.51B | 2.54B | 1.84B | 1.51B | 1.16B |
| Net Income | 2.75B | 2.39B | 1.75B | 1.18B | 968.12M | 704.96M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 18.77B | 13.64B | 10.38B | 9.03B | 9.07B |
| Cash, Cash Equivalents and Short-Term Investments | 1.44B | 1.44B | 1.44B | 1.69B | 1.19B | 1.36B |
| Total Debt | 0.00 | 181.07M | 122.18M | 95.00K | 0.00 | 709.65M |
| Total Liabilities | -10.72B | 8.05B | 5.03B | 3.33B | 2.99B | 3.80B |
| Stockholders Equity | 10.72B | 10.72B | 8.60B | 7.05B | 6.05B | 5.27B |
Cash Flow | ||||||
| Free Cash Flow | -285.67M | 184.01M | -126.69M | 393.16M | 678.83M | -40.72M |
| Operating Cash Flow | 126.05M | 1.29B | 395.23M | 840.01M | 885.63M | 109.07M |
| Investing Cash Flow | -382.60M | -1.02B | -336.32M | -325.95M | -104.02M | -52.41M |
| Financing Cash Flow | 125.23M | -205.59M | -67.45M | -156.94M | -891.22M | 108.81M |
TD Power Systems Limited Technical Analysis
Positive
1113.50
Price Trends
656.53
Positive
633.42
Positive
513.37
Positive
Market Momentum
29.02
Positive
65.52
Neutral
67.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TDPOWERSYS, the sentiment is Positive. The current price of 1113.5 is above the 20-day moving average (MA) of 757.43, above the 50-day MA of 656.53, and above the 200-day MA of 513.37, indicating a bullish trend. The MACD of 29.02 indicates Positive momentum. The RSI at 65.52 is Neutral, neither overbought nor oversold. The STOCH value of 67.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TDPOWERSYS.
TD Power Systems Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹1.41T | 43.01 | ― | 0.45% | -12.45% | 12.44% | |
71 Outperform | ₹141.74B | 37.94 | ― | 0.39% | 5.04% | -10.39% | |
66 Neutral | ₹1.41T | 59.67 | ― | 1.30% | 15.30% | 10.55% | |
61 Neutral | ₹251.48B | 91.47 | ― | 0.13% | 54.29% | 45.24% | |
58 Neutral | ₹44.78B | 44.71 | ― | 1.04% | 21.20% | 22.83% | |
57 Neutral | ₹315.44B | 57.72 | ― | 0.32% | 22.66% | 15.61% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:TDPOWERSYS
TD Power Systems Limited
804.85
530.75
193.64%
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20.83%
TD Power Systems Limited Corporate Events
TD Power Systems Updates Exchanges on Extraordinary General Meeting Proceedings
Sep 10, 2026
TD Power Systems Limited, a publicly listed Indian manufacturer of power generation equipment, operates from its industrial facility near Bengaluru and maintains listings on BSE and NSE, giving it access to equity markets and a diverse investor ba...
TD Power Systems Publishes EGM Notices in Line with MCA Compliance Norms
Aug 16, 2026
TD Power Systems Limited has notified the stock exchanges that it has published newspaper advertisements regarding its forthcoming Extraordinary General Meeting, in line with a series of compliance circulars issued by the Ministry of Corporate Aff...
TD Power Systems Sets Record Date for Equity Share Split
Aug 12, 2026
TD Power Systems Limited has announced a share sub-division, splitting each equity share with a face value of Rs.2 into two equity shares with a face value of Rs.1 each. This corporate action was approved by shareholders at the company’s 27t...
TD Power Systems sets August 12 earnings call on Q1 FY27 performance
Aug 3, 2026
TD Power Systems Limited has scheduled an earnings conference call on August 12, 2026, to discuss its unaudited financial and operational performance for the quarter ended June 30, 2026. The call will feature the managing director, chief executive...
TD Power Systems Publishes AGM Notices, Reaffirms Regulatory Compliance
Jul 15, 2026
TD Power Systems Limited has notified the stock exchanges that it has published newspaper advertisements related to its forthcoming Annual General Meeting. The company stated that these notices were issued in line with multiple Ministry of Corpora...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.