In Week of Mar 28, 2026, TD Power Systems Ltd (Capital Goods - Gensets/Turbines) is outperforming Nifty 500 with +31.1% relative strength. Fundamentals: Weak. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 (9M ended Dec 2025) earnings • Updated Feb 22, 2026
What: New facility operational since Dec 2025 ramping to full capacity by Q1 FY27
Impact: +₹1200 Cr revenue
“We declared our third plant as operation on the 18th of December... We will cross 1800 crores this financial year and we give an upward guidance for FY20 at 2,200 plus crores.”
What: ₹6,560 cr Q3 order book (61% YoY) with 75% export mix
Impact: +₹6560 Cr revenue
“Order inflow during the quarter reaching an all-time record of ₹6.56 billion, a 61% year-on-year increase... We see an extremely high probability to increase our guidance further.”
What: Strategic shift to high-margin generator business over motors
“We are really capacities are fully booked in this part of the business right now, delivering high growth. So we are focusing more on the generative business right now.”
Earnings deceleration risks from management commentary
Trigger: Order book growth > capacity expansion rate
Impact: -200 bps margin impact
Management view: We will flog our existing assets until 538. And if we have to add new capacity, we have more than adequate land in our plant.
Monitor: Capacity utilization rate
Trigger: RM costs increase >5%
Impact: -300 bps margin impact
Management view: We should expect this gross margin to sustain here at around 35%.
Monitor: Gross margin trend
Key quotes from recent conference calls
“We declared our third plant as operation on the 18th of December. So we really have not felt the impact of this new capacity on our sales. — Nikhil Kumar”
“We should expect this gross margin to sustain here at around 35%. — Nikhil Kumar”
“Demand situation, forecast, firm forecast, OEMs up to 2030, this trend or this backlog... on the prime oversight turbine side and engine side is going up to 2030. — Nikhil Kumar”
“We will cross 1800 crores this financial year and we give an upward guidance for FY20 at 2,200 plus crores. This is the conservative guidance based on the ramp up of the order booking that we're seeing which is around 575 to 600 crores per quarter. — Nikhil Kumar”
Forward-looking targets from management for FY27
Implied PAT Growth
35%
OPM Guidance
35%
Key Milestones
• ₹600 cr/quarter by Q1 FY27
• ₹2,200+ cr annual revenue FY27
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +27% | +17% | Stable |
| PAT (Net Profit) | +24% | +36% | Stable |
| OPM | 18.0% | +100 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
TD Power Systems Ltd's latest quarterly results (Dec 2025) show
TD Power Systems Ltd's profit is growing with an stable trend.
TD Power Systems Ltd's revenue growth trend is stable.
TD Power Systems Ltd's operating margin is expanding.
TD Power Systems Ltd's long-term compounding rates
TD Power Systems Ltd's earnings growth is stable with mixed signals on a sequential basis.
TD Power Systems Ltd's trailing twelve month (TTM) performance
TD Power Systems Ltd appears fairly valued based on our fair value analysis.
TD Power Systems Ltd's current PE ratio is 60.4x.
TD Power Systems Ltd's current PE is 60.4x.
TD Power Systems Ltd's price-to-book ratio is 13.8x.
TD Power Systems Ltd is rated Weak with a fundamental score of 37.07/100. This score is calculated from objective financial metrics
TD Power Systems Ltd has a debt-to-equity ratio of N/A.
TD Power Systems Ltd's return ratios over recent years
TD Power Systems Ltd's operating cash flow is positive (FY2025).
TD Power Systems Ltd's current dividend yield is 0.15%.
TD Power Systems Ltd's shareholding pattern (Dec 2025)
TD Power Systems Ltd's promoter holding has remained stable recently.
TD Power Systems Ltd has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
TD Power Systems Ltd is an established outperformer with 7 weeks of consecutive Nifty 500 outperformance.
TD Power Systems Ltd has 3 key growth catalysts identified from recent earnings analysis
TD Power Systems Ltd has 2 key risks worth monitoring
In Q3 FY26 (9M ended Dec 2025), TD Power Systems Ltd's management highlighted
TD Power Systems Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why TD Power Systems Ltd may be worth studying
TD Power Systems Ltd investment thesis summary:
TD Power Systems Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
