TD Power Systems Limited has informed the Exchange about Transcript
TDPOWERSYS · price
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TD Power Systems reported strong FY26 results with stand-alone revenue of INR17.37 billion (up 35% YoY) and PAT of INR2.18 billion (up 42% YoY). The order book stands at INR19.73 billion with full-year order inflow of INR22.38 billion, up 51% YoY. Management raised FY27 revenue guidance to INR2,400+ crores and indicated capacity to reach INR30-32 billion by FY28. Q4 margins were impacted by a one-off event in Turkey where shipping delays caused a large LD penalty, but management expects margins to return to historical 33-34% gross contribution levels. The company is planning INR50 crore capex each in FY27 and FY28 for debottlenecking, plus separate investment for large generator capacity expansion targeting 200MW machines for AI data centers and power generation. Gas turbine segment continues to see massive growth with prime mover customers doubling capacity by 2030.
Strong execution with 51% order inflow growth and raised FY27 guidance signals robust demand environment. The planned large generator capacity expansion and new CEO appointment indicate management is scaling for multi-year growth, though investors should monitor execution risks from high factory utilization.