Outcome of Board Meeting Financial Results & others
TDPOWERSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 10.8 pts more than Nifty Microcap 250 and 11.4 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TD Power Systems reported strong FY26 results with standalone net sales of Rs 1,71,666 Lakhs, up 35.7% YoY from Rs 1,26,540 Lakhs. Profit after tax grew 40.8% to Rs 21,644 Lakhs vs Rs 15,371 Lakhs. Q4 PAT stood at Rs 6,274 Lakhs, up 42.8% YoY. The board recommended a final dividend of Rs 1.10 per share (face value Rs 2). Additionally, a 1:2 share split was approved - each Rs 2 share will become 2 shares of Rs 1 each - aimed at improving affordability and liquidity for small investors. The statutory auditors issued unmodified (clean) opinions on both standalone and consolidated financial statements. However, an Emphasis of Matter was raised regarding a subsidiary's going concern status, though management states this subsidiary is not material to the group.
Strong operational performance with ~36% revenue growth and ~41% PAT growth. The share split will increase accessibility for retail investors. The going concern emphasis on a non-material subsidiary should not significantly impact the stock, but investors should monitor subsidiary performance.