TD Power Systems Limited (TDPOWERSYS) AI Stock Analysis

• Market Cap: ₹80.17B
• Dividend Yield: 0.34%
• Average Volume (3M): 49.02K
• Price to Earnings (P/E): 42.3
• Beta (1Y): 1.79
• Revenue Growth: 30.63%
• EPS Growth: 48.78%
• Country: IN
• Employees: 705
• Sector: Energy
• Sector Strength: 68
• Industry: Industrial - Machinery
• EPS (TTM): 3.21
• Shares Outstanding: 156,192,300
• 10 Day Avg. Volume: 35,502
• 30 Day Avg. Volume: 49,025
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹615.00
• Price Target Upside: 11.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: ₹615.00 ▲(11.58% Upside)

TD Power Systems Limited's strong financial performance and positive technical indicators are the primary drivers of its stock score. However, the high P/E ratio and low dividend yield suggest valuation concerns, slightly offsetting the overall positive outlook.

TD Power Systems Limited Business Overview & Revenue Model

Company Description

TD Power Systems Limited (TDPOWERSYS) is a leading manufacturer of AC generators in India, catering to a range of industries such as power, sugar, steel, cement, and renewable energy. The company specializes in designing and manufacturing custom-built generators ranging from 1 MW to 200 MW and provides solutions for both steam and hydro turbines. TD Power Systems also offers comprehensive end-to-end project solutions, including commissioning and maintenance services.

How the Company Makes Money

TD Power Systems Limited generates revenue primarily through the sale of its custom-built AC generators to various industrial sectors. The company's key revenue streams include the production and sale of generators for power plants, industrial manufacturing units, and renewable energy projects. Additionally, TD Power Systems earns income from providing installation, commissioning, and maintenance services. Significant partnerships with OEMs and strategic alliances with turbine manufacturers also contribute to the company's earnings by enhancing its market reach and customer base.

TD Power Systems Limited Financial Statement Overview

Summary

TD Power Systems Limited shows strong revenue growth and profitability with impressive margins, indicating operational efficiency. The balance sheet is robust with low leverage and substantial equity. However, the decline in free cash flow suggests potential cash generation challenges that need addressing for long-term sustainability.

Income Statement

TD Power Systems Limited demonstrates robust revenue growth with a consistent increase in total revenue over the past five years. The company achieved a Gross Profit Margin of 35.02% and a Net Profit Margin of 13.65% for 2025. EBIT and EBITDA margins also show a strong performance at 25.35% and 19.89%, respectively. This suggests effective cost management and operational efficiency, contributing to a healthy profitability trajectory.

Balance Sheet

The company's balance sheet is solid, characterized by a low Debt-to-Equity Ratio of 0.014 and a high Equity Ratio of 63.07% in 2025, indicating financial stability and low leverage. Return on Equity (ROE) stands at a commendable 20.29%, showcasing effective use of equity to generate profits. The increasing Stockholders' Equity reflects strong financial health, though the significant rise in Total Assets suggests potential risk if asset returns do not align.

Cash Flow

Cash flow analysis reveals a mixed scenario with a decline in Free Cash Flow to -126.69 million in 2025 from 393.16 million in 2024, indicating potential issues in cash generation. However, the Operating Cash Flow to Net Income Ratio remains positive at 0.23, showing some operational cash generation capacity. The company needs to address declining free cash flow to ensure long-term sustainability.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.79B	12.79B	8.72B	10.01B	7.84B	5.84B
Gross Profit	3.78B	4.48B	2.82B	3.36B	2.12B	1.86B
EBITDA	2.67B	2.54B	1.55B	1.87B	1.21B	873.22M
Net Income	1.75B	1.75B	968.12M	1.18B	704.96M	452.04M
Balance Sheet
Total Assets	13.64B	13.64B	9.03B	10.38B	9.07B	7.85B
Cash, Cash Equivalents and Short-Term Investments	1.99B	1.99B	1.88B	1.69B	1.36B	1.48B
Total Debt	122.18M	122.18M	0.00	95.00K	709.65M	519.96M
Total Liabilities	5.03B	5.03B	2.99B	3.33B	3.80B	3.14B
Stockholders Equity	8.60B	8.60B	6.05B	7.05B	5.27B	4.71B
Cash Flow
Free Cash Flow	0.00	-126.69M	678.83M	393.16M	-40.72M	-179.38M
Operating Cash Flow	0.00	395.23M	885.63M	840.01M	109.07M	-28.55M
Investing Cash Flow	0.00	-336.32M	-104.02M	-325.95M	-52.41M	-82.14M
Financing Cash Flow	0.00	-67.45M	-891.22M	-156.94M	108.81M	-197.17M

TD Power Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 551.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 551.15 is above the 20-day moving average (MA) of 509.22, above the 50-day MA of 501.61, and above the 200-day MA of 440.24, indicating a bullish trend. The MACD of 6.57 indicates Negative momentum. The RSI at 65.89 is Neutral, neither overbought nor oversold. The STOCH value of 64.29 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TDPOWERSYS	73 Outperform	₹80.17B	42.35		0.34%	30.63%	48.78%
Sector *	65 Neutral	$15.47B	7.31	3.20%	5.32%	4.22%	-60.66%
GMRP&UI	56 Neutral	₹79.38B	42.26		―	28.23%	-87.99%
BORORENEW	49 Neutral	₹77.60B	―		―	4.94%	-328.07%
KPEL	―	₹28.63B	23.29		―	―	―
RTNPOWER	45 Neutral	₹65.57B	57.89		―	-7.96%	-98.81%
SWSOLAR	45 Neutral	₹62.83B	58.29		―	108.08%	―

TD Power Systems Limited Corporate Events

TD Power Systems Announces AGM Notice Publication

TD Power Systems Limited has announced the publication of a newspaper advertisement regarding the notice of its 26th Annual General Meeting, e-voting, and record date. The advertisement was published in Business Line and Eesanje newspapers. This announcement is part of the company’s compliance with SEBI regulations, ensuring transparency and timely communication with stakeholders.