Outcome of Board Meeting
TDPOWERSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TD Power Systems reported strong FY2026 standalone results with net sales of Rs 1,71,666.38 Lakhs, up 35.7% from Rs 1,26,539.62 Lakhs in FY2025. Profit After Tax grew 40.8% to Rs 21,644.35 Lakhs from Rs 15,371.00 Lakhs. Q4 FY26 also showed robust growth with PAT of Rs 6,274.20 Lakhs, up 42.7% year-on-year. The Board recommended a final dividend of Rs 1.10 per share (face value Rs 2). Additionally, the company approved a 1:2 stock split to reduce face value from Rs 2 to Rs 1 per share, aimed at making shares more affordable for small investors and boosting liquidity. Statutory auditors Varma & Varma issued an unmodified opinion, though they drew an emphasis of matter regarding a subsidiary's going concern uncertainty, which the auditors stated is not material to the Group.
The strong double-digit revenue and profit growth signals solid operational performance. The stock split could increase retail participation and liquidity, though existing shareholders will see their cost per share halve. The auditors' emphasis of matter on a subsidiary's going concern is a minor concern but doesn't affect the main company's financials.