TD Power Systems Limited (TDPOWERSYS) AI Stock Analysis

• Market Cap: ₹77.14B
• Dividend Yield: 0.37%
• Average Volume (3M): 44.41K
• Price to Earnings (P/E): 40.7
• Beta (1Y): 1.78
• Revenue Growth: 30.63%
• EPS Growth: 48.78%
• Country: IN
• Employees: 705
• Sector: Energy
• Sector Strength: 43
• Industry: Industrial - Machinery
• EPS (TTM): 3.21
• Shares Outstanding: 156,192,300
• 10 Day Avg. Volume: 69,765
• 30 Day Avg. Volume: 44,410
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹553.00
• Price Target Upside: 9.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ₹553.00 ▲(9.27% Upside)

TD Power Systems Limited demonstrates strong financial performance with robust revenue growth and profitability, supported by a solid balance sheet. However, challenges in cash flow generation and a high P/E ratio suggest caution. Technical indicators show a neutral to slightly bullish trend, but valuation concerns may limit upside potential.

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

Strong revenue growth and profitability with healthy margins. Solid balance sheet with low leverage, but declining free cash flow poses potential challenges.

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	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	12.79B	8.72B	10.01B	7.84B	5.84B
Gross Profit	4.48B	2.82B	3.36B	2.12B	1.86B
EBITDA	2.54B	1.55B	1.87B	1.21B	873.22M
Net Income	1.75B	968.12M	1.18B	704.96M	452.04M
Balance Sheet
Total Assets	13.64B	9.03B	10.38B	9.07B	7.85B
Cash, Cash Equivalents and Short-Term Investments	1.99B	1.88B	1.69B	1.36B	1.48B
Total Debt	122.18M	0.00	95.00K	709.65M	519.96M
Total Liabilities	5.03B	2.99B	3.33B	3.80B	3.14B
Stockholders Equity	8.60B	6.05B	7.05B	5.27B	4.71B
Cash Flow
Free Cash Flow	-126.69M	678.83M	393.16M	-40.72M	-179.38M
Operating Cash Flow	395.23M	885.63M	840.01M	109.07M	-28.55M
Investing Cash Flow	-336.32M	-104.02M	-325.95M	-52.41M	-82.14M
Financing Cash Flow	-67.45M	-891.22M	-156.94M	108.81M	-197.17M

TD Power Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 506.10
• 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 506.1 is above the 20-day moving average (MA) of 495.12, above the 50-day MA of 500.14, and above the 200-day MA of 433.17, indicating a bullish trend. The MACD of 1.50 indicates Negative momentum. The RSI at 53.24 is Neutral, neither overbought nor oversold. The STOCH value of 58.37 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	71 Outperform	₹77.14B	40.75		0.37%	30.63%	48.78%
Sector *	56 Neutral	C$4.17B	2.02	16.25%	5.62%	10.63%	-50.60%
BORORENEW	55 Neutral	₹77.82B	―		―	7.96%	-48.06%
GMRP&UI	―	₹91.21B	4.70		―	―	―
RTNPOWER	45 Neutral	₹63.90B	56.37		―	-7.96%	-98.81%
SWSOLAR	45 Neutral	₹64.75B	59.27		―	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.