TD Power Systems Limited (TDPOWERSYS) AI Stock Analysis

• Market Cap: ₹121.95B
• Dividend Yield: 0.21%
• Average Volume (3M): 58.08K
• Price to Earnings (P/E): 58.6
• Beta (1Y): 1.81
• Revenue Growth: 40.14%
• EPS Growth: 53.51%
• Country: IN
• Employees: 705
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial - Machinery
• EPS (TTM): 3.85
• Shares Outstanding: 156,192,300
• 10 Day Avg. Volume: 67,484
• 30 Day Avg. Volume: 58,078
• PEG Ratio: 0.75
• Price to Book (P/B): 7.21
• Price to Sales (P/S): 4.85
• P/FCF Ratio: -489.51
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹844.00 ▲(8.09% Upside)

TD Power Systems Limited has a strong financial performance with robust revenue growth and profitability. However, technical indicators suggest the stock is overbought, and the high P/E ratio indicates potential overvaluation. The decline in free cash flow is a concern that needs addressing to ensure long-term sustainability.

TD Power Systems Limited Business Overview & Revenue Model

Company Description

TD Power Systems Limited (TDPOWERSYS) is a leading provider of power generation solutions, specializing in the design, manufacturing, and servicing of diesel and gas engines, along with generator sets and associated equipment. The company operates in various sectors including power generation, industrial, and infrastructure, catering to a diverse clientele that includes utilities, industries, and commercial enterprises. TDPOWERSYS is known for its innovative and efficient power solutions that meet the growing energy demands across both local and international markets.

How the Company Makes Money

TD Power Systems Limited generates revenue primarily through the sale of its power generation equipment, including diesel and gas engines, as well as generator sets. Significant revenue streams include the manufacturing and sale of customized power solutions, maintenance services, and spare parts for their equipment. The company also earns income from long-term service agreements and operational support contracts with clients, ensuring recurring revenue. Strategic partnerships with key players in the energy sector, along with a strong focus on R&D for advanced technologies, contribute to its competitive edge and profitability.

TD Power Systems Limited Financial Statement Overview

Summary

TD Power Systems Limited exhibits strong revenue growth and profitability, with impressive margins that underline its operational efficiency. The balance sheet is robust, with low leverage and substantial equity. However, the decline in free cash flow signals potential cash generation challenges. The company should focus on enhancing cash flow management to maintain its growth trajectory and financial stability.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.77B	12.79B	10.01B	8.72B	7.97B	5.94B
Gross Profit	4.44B	4.48B	3.36B	2.82B	2.12B	847.36M
EBITDA	2.88B	2.54B	1.87B	1.55B	1.21B	873.22M
Net Income	1.89B	1.75B	1.18B	968.12M	704.96M	452.04M
Balance Sheet
Total Assets	0.00	13.64B	10.38B	9.03B	9.07B	7.85B
Cash, Cash Equivalents and Short-Term Investments	1.44B	1.44B	1.69B	1.19B	1.36B	1.48B
Total Debt	0.00	122.18M	95.00K	0.00	709.65M	519.96M
Total Liabilities	-8.60B	5.03B	3.33B	2.99B	3.80B	3.14B
Stockholders Equity	8.60B	8.60B	7.05B	6.05B	5.27B	4.71B
Cash Flow
Free Cash Flow	0.00	-126.69M	393.16M	678.83M	-40.72M	-179.38M
Operating Cash Flow	0.00	395.23M	840.01M	885.63M	109.07M	-28.55M
Investing Cash Flow	0.00	-336.32M	-325.95M	-104.02M	-52.41M	-82.14M
Financing Cash Flow	0.00	-67.45M	-156.94M	-891.22M	108.81M	-197.17M

TD Power Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 780.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 780.8 is above the 20-day moving average (MA) of 676.77, above the 50-day MA of 605.65, and above the 200-day MA of 479.00, indicating a bullish trend. The MACD of 54.18 indicates Negative momentum. The RSI at 73.65 is Negative, neither overbought nor oversold. The STOCH value of 76.27 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	68 Neutral	₹121.95B	58.57	―	0.21%	40.14%	53.51%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BORORENEW	56 Neutral	₹87.49B	―	―	―	4.94%	-328.07%
GMRP&UI	51 Neutral	₹87.78B	46.46	―	―	28.23%	-87.98%
SWSOLAR	45 Neutral	₹54.81B	-14.77	―	―	112.24%	-474.43%
RTNPOWER	44 Neutral	₹58.05B	67.82	―	―	-5.68%	-99.16%

TD Power Systems Limited Corporate Events

TD Power Systems Limited Announces Key Management Changes

TD Power Systems Limited has announced a significant change in its senior management team, with Mr. Sanju Davis appointed as the new Head of Operations and Mr. Ramakrishna Varna being redesignated as the Chief Technical Officer, effective October 15, 2025. This strategic move aims to strengthen the company’s operational leadership and technical expertise, potentially enhancing its competitive position in the power systems industry.

TD Power Systems Awards New ESARs to Boost Employee Engagement

TD Power Systems Limited has announced the grant of 22,500 Equity Settled Appreciation Rights (ESARs) to an eligible employee under its 2019 Equity Based Compensation Plan. This move is part of a broader strategy, with a total of 20,45,580 ESARs granted to date, aimed at aligning employee interests with company performance. The ESARs are set to vest over three years and are exercisable within four years from vesting, reflecting the company’s commitment to long-term growth and employee retention.