TD Power Systems logo

TD Power Systems share price

NSE: TDPOWERSYSBSE: 533553Electrical EquipmentSmall Cap

TD Power Systems Limited · Face value ₹1 · Listed Sep 2011
Last close ₹718.65up ₹31.45 (4.58%)BSE ₹718.70

Share price at the NSE close on 28 Oct 2026. Previous close ₹687.20.

28 Oct: open ₹689.65, high ₹723.30, low ₹689.20

52-week range of traded prices to 28 Oct 2026
₹301.20Low, 27 Jan 2026₹856.10High, 5 Oct 2026
Market cap
₹23,101 Cr419th largest listed
P/E
84.01
P/B
21.55
Dividend yield
0.15%
ROE
28.5%
ROCE
32.8%
Debt to equity
0.02
Volume, NSE
33,00,92541.8% delivered

TD Power Systems share price chart

Daily closes since Sep 2011, adjusted for splits and bonuses

+121.7%over a year

ResultsSplit, bonus, rights or demerger20-session average 41,40,708 shares a day, 41.4% delivered

About TD Power Systems

TD Power Systems Limited makes AC generators and motors for power generation and industrial use. Its generators are built for steam, gas engine, gas turbine, hydro and diesel power plants, as well as geothermal and wind applications. Its motors serve specialised industrial sectors, including oil and gas. Original equipment makers and utilities are among its customers. It was incorporated in 1999.

The company sells generators and motors in several ranges. Steam turbine and gas turbine generators go up to 250 MVA, hydro generators up to 75 MVA, and gas engine and diesel engine generators up to 25 MVA. Its motors include induction motors, synchronous motors and application-specific motors, including traction motors. Its equipment is used in data centres, railways, marine, steel, sugar and ethanol, and cement plants, among other industries. It also provides after-sales service, spares and refurbishment.

The company has three manufacturing facilities in India, two in Bengaluru and one in Tumkur, and a facility in Turkey. It has engineering capabilities in the United Kingdom and sales offices in Japan, Ohio and Frankfurt. Since inception it has supplied 8,055 generators and motors, including 105 motors, to 113 countries, and it runs 68 service centres worldwide. It has 1,550 employees and workers.

The company acquired technology from Toyo Denki of Japan, and a licence agreement with Siemens gave it entry into the 2-pole generator segment. It has wholly owned subsidiaries, including TD Power Systems (USA) Inc. and DF Power Systems Private Limited.

Written from the annual report for the year to Mar 2026, filed 17 Jul 2026 and the investor presentation.

Sources for 28 statements, each with its page
  1. Makes AC generators and motors. Annual report, page 4
  2. Generators for steam, gas engine, gas turbine, hydro and diesel plants. Annual report, page 4
  3. Geothermal and wind applications. Annual report, page 4
  4. Motors serve oil and gas. Annual report, page 4
  5. Customers include OEMs and utilities. Annual report, page 4
  6. Incorporated in 1999. Annual report, page 18
  7. Steam and gas turbine generators up to 250 MVA, hydro up to 75 MVA. Annual report, page 10
  8. Gas engine and diesel engine generators up to 25 MVA. Annual report, page 10
  9. Induction, synchronous and application-specific motors. Annual report, page 10
  10. Application-specific motors include traction. Annual report, page 10
  11. End uses include data centres, marine, sugar and ethanol. Annual report, page 11
  12. End uses include railways, steel, cement plants. Annual report, page 11
  13. After-sales service, spares and refurbishment. Annual report, page 11
  14. Three facilities in India, two in Bengaluru and one in Tumkur. Annual report, page 8
  15. Facility in Turkey and engineering capabilities in the United Kingdom. Annual report, page 8
  16. Sales office in Japan. Annual report, page 9
  17. Sales offices in Ohio and Frankfurt. Annual report, page 9
  18. 8,055 generators and motors supplied since inception. Annual report, page 6
  19. Includes 105 motors. Annual report, page 6
  20. 113 countries. Annual report, page 6
  21. 68 service centres. Annual report, page 11
  22. 1,550 employees and workers. Annual report, page 14
  23. Technology acquired from Toyo Denki, Japan. Annual report, page 7
  24. Siemens licence agreement gave entry. Annual report, page 7
  25. 2-pole generator segment. Annual report, page 7
  26. Wholly owned subsidiaries listed. Annual report, page 18
  27. TD Power Systems (USA) Inc. is a subsidiary. Annual report, page 18
  28. DF Power Systems Private Limited is a subsidiary. Annual report, page 18

Results

Consolidated; ₹ crore.TD Power Systems quarterly results

Revenue growth, 12 months
+54.3%
Net profit growth, 12 months
+45.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹640 Crup 8.63%
Net profit
₹86 Crup 19.53%
Net margin
13.5%

Revenue by quarter

₹306 CrSep 24₹350 CrDec 24₹348 CrMar 25₹372 CrJun 25₹452 CrSep 25₹443 CrDec 25₹589 CrMar 26₹640 CrJun 26
Peak revenue ₹640 Cr, quarter to Jun 2026; lowest ₹306 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹41 CrSep 24₹45 CrDec 24₹53 CrMar 25₹50 CrJun 25₹60 CrSep 25₹56 CrDec 25₹72 CrMar 26₹86 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue306350348372452443589640
Net profit4145535060567286
Net margin13.5%12.8%15.2%13.5%13.3%12.7%12.3%13.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment which carries all its revenue.

Valuation

Today, against the company's own history.TD Power Systems PE ratio and valuation

Price to earnings

At or below today's level on 94% of 1,853 trading days over the last 10 years.

LowestHighest
Its median37.25Industry median34.88
Price to book

At or below today's level on 98% of 1,954 trading days since Nov 2018.

LowestHighest
Its median3.57Industry median5.42
Dividend yield

At or below today's level on 4% of 2,474 trading days over the last 10 years.

LowestHighest
Its median0.64%Industry median0.35%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+107.6%+36.8%+51.6%0.2%
3 years+75.3%+34.9%+29.8%0.3%
5 years+96.2%+38.8%+41.0%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Shareholding

Per cent of the company's shares, from the filing of 12 Oct 2026.TD Power Systems shareholding pattern

Shareholding by group

  • Promoters26.51%
  • Foreign institutions22.66%
  • Indian institutions29.21%
  • Individuals and others21.62%
Holder
Saphire Finman Services LlpPromoter12.85%
NIKHIL KUMARPromoter8.26%
Hitoshi MatsuoPromoter4.94%
Oxbow Master Fund LimitedForeign portfolio investors, category I2.87%
Catamaran Ventures LlpOther non-institutions1.45%
The Master Trust Bank of Japan, Ltd. As Trustee of Hsbc India Infrastructure Equity Mother FundForeign portfolio investors, category I1.40%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Sep 2026: promoters −0.65 pts, foreign institutions −0.20 pts, Indian institutions +1.28 pts, mutual funds +1.33 pts.

The filing reports 2,71,80,640 of its 32,14,48,795 shares locked in.

Mutual fund holdings

154 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 40 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 154 funds holding TD Power Systems

Bought for the first time
53
Added
15
Cut
25
Held unchanged
61
Sold out
4
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.TD Power Systems insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 2 off-market moves
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

TD Power Systems competitors and peers

Heavy Electrical Equipment, 48 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to TD Power Systems in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Siemens Energy India logoSiemens Energy IndiaENRIN1,01,13867.9721.02––34.3%39.2%0.14%
Suzlon Energy logoSuzlon EnergySUZLON51,27416.315.42+45.2%+50.2%40.4%27.4%0.00%
Thermax logoThermaxTHERMAX37,89863.876.83+4.7%−11.6%11.3%8.3%0.63%
Schneider Electric Infrastructure logoSchneider Electric InfrastructureSCHNEIDER27,413149.1835.40+9.6%−29.5%27.5%24.7%0.00%
Azad Engineering logoAzad EngineeringAZAD16,645119.7610.89+28.7%+39.5%9.5%9.0%0.00%
Triveni Turbine logoTriveni TurbineTRITURBINE14,48443.0710.02+17.7%−1.6%25.3%27.1%0.93%
Atlanta Electricals logoAtlanta ElectricalsATLANTAELE12,59257.9013.55––23.4%34.7%0.00%
Karamtara Engineering logoKaramtara EngineeringKARAMTARA11,021––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.TD Power Systems dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.2Mar 170.2Mar 180.2Mar 190.2Mar 200.3Mar 210.4Mar 220.5Mar 230.6Mar 240.6Mar 251.1Mar 26
Highest ₹1.05 a share, year to Mar 2026.
Ex-dateTypePer share
5 Aug 2026Final₹1.10
6 Nov 2025Interim₹1.00
30 Jul 2025Final₹0.65
11 Nov 2024Interim₹0.60
6 Aug 2024Final₹0.60
22 Nov 2023Interim₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.TD Power Systems announcements

TD Power Systems share price by year

Each calendar year to 2025.TD Power Systems share price history

YearClose at year endChangeHighest closeLowest close
2025351.03+55.6%410.18152.20
2024225.53+73.4%236.43132.38
2023130.03+119.3%147.5562.45
202259.30+32.2%67.5733.50
202144.85+194.2%44.8513.00
202015.25+10.4%17.847.70
201913.81+6.2%16.5111.65
201813.00−32.8%22.1810.12
201719.33+13.9%25.9815.70
201616.97−44.5%31.6516.62
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026691.35714.15681.10687.20700.3039,42,27146.5%
26 Oct 2026646.00693.00631.55688.35671.7846,06,95836.7%
23 Oct 2026659.90663.10613.45639.55631.5274,00,01352.9%
22 Oct 2026688.00691.60663.10673.40676.9522,20,16043.7%
21 Oct 2026737.00739.85685.50689.35696.0338,00,94656.0%
19 Oct 2026735.15744.15722.35737.00734.7117,34,80142.3%
16 Oct 2026737.80758.00720.40735.15743.2823,64,21241.9%
15 Oct 2026769.70769.70720.40734.75737.3946,44,06444.5%
14 Oct 2026796.00796.00773.00783.70784.9830,90,80346.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
24 Aug 2026Split0.5000Each share became 2.
31 Oct 2022Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Mohib Nomanbhai Khericha
At the end of the quarter to Sep 2026
Managing director
Nikhil Kumar
At the end of the quarter to Sep 2026
NSE symbol
TDPOWERSYS
BSE code
533553
ISIN
INE419M01035
Industry
Electrical Equipment
CIN
L31103KA1999PLC025071
Corporate identity number, the registrar of companies' code for it
Incorporated
1999
Registered office
27, 28, 29, KIADB Industrial Area, Dabaspet, Nelamangala Taluk, Bengaluru 562111, Karnataka
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments