TD Power Systems Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 1.10 per equity share.
TDPOWERSYS · price
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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 Limited reported strong FY26 results with standalone net sales of Rs 1,71,666.38 lakhs, up 35.7% from Rs 1,26,539.62 lakhs in FY25. Profit after tax grew 40.8% to Rs 21,644.35 lakhs from Rs 15,371 lakhs. The Board recommended a final dividend of Rs 1.10 per equity share and approved a 1:2 stock split (Rs 2 face value to Rs 1) to improve retail participation and liquidity. The statutory auditors issued unmodified opinions on both standalone and consolidated financial results. However, the consolidated audit report contains an Emphasis of Matter regarding a subsidiary with material uncertainty about its ability to continue as a going concern, though management states this subsidiary is not material to the Group.
The strong revenue and PAT growth indicate healthy operational performance. The stock split will double the number of shares outstanding, making the stock more affordable for small investors. The going concern issue mentioned in the audit report is limited to a non-material subsidiary and should not significantly impact investor sentiment.