TD Power Systems Limited (TDPOWERSYS) AI Stock Analysis

• Market Cap: ₹102.34B
• Dividend Yield: 0.28%
• Average Volume (3M): 58.08K
• Price to Earnings (P/E): 54.1
• Beta (1Y): 1.83
• Revenue Growth: 30.63%
• EPS Growth: 48.78%
• Country: IN
• Employees: 705
• Sector: Energy
• Sector Strength: 52
• Industry: Industrial - Machinery
• EPS (TTM): 3.21
• 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: ₹615.00
• Price Target Upside: -6.14% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: ₹615.00 ▼(-6.14% Downside)

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, together with its subsidiaries, manufactures and sells AC generators and electric motors in India and internationally. The company operates through Manufacturing Business and Project Business segments. It offers steam turbine, hydro turbine, diesel engine, gas engine, gas turbine, and wind turbine generators. The company also engages in the business of engineering, procurement, and construction. In addition, it undertakes boiler-turbine generator island projects and balance of plant portion for steam turbine power plants. Further, the company offers support services for erection and commissioning; training for customer field technicians on commissioning, maintenance, and trouble-shooting; trouble shooting to control generation disruptions; periodic plant health check-ups; overhauling of generators; replacement of generators for existing old machines; and spares. TD Power Systems Limited was incorporated in 1999 and is headquartered in Bengaluru, India.

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 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.

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: 655.20
• 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 655.2 is above the 20-day moving average (MA) of 599.79, above the 50-day MA of 553.89, and above the 200-day MA of 461.29, indicating a bullish trend. The MACD of 23.46 indicates Negative momentum. The RSI at 71.00 is Negative, neither overbought nor oversold. The STOCH value of 74.93 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	₹102.34B	54.06	―	0.28%	30.63%	48.78%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GMRP&UI	56 Neutral	₹80.10B	42.39	―	―	28.23%	-87.98%
BORORENEW	54 Neutral	₹85.11B	―	―	―	4.94%	-328.07%
SWSOLAR	45 Neutral	₹52.96B	51.96	―	―	112.24%	-474.43%
RTNPOWER	44 Neutral	₹59.29B	51.18	―	―	-7.96%	-98.79%

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.