TDPS hits a new high

TD Power Systems Ltd (TDPS) is a sharp gainer today and is among the top three gainers on the BSE since the opening bell. The stock opened at Rs.715.00 and hit a fresh 52-week high of Rs.768.45, with a VWAP of Rs.748.48. crore. The company’s market capitalisation now stands at Rs.11,383 crore, reflecting growing investor confidence in its earnings trajectory.

The stock price rose after the company reported a 46% (YoY) jump in consolidated net profit for the September quarter (Q2FY26). The strong earnings performance, driven by robust demand across its generator and motor segments, received a positive reaction from investors and analysts alike.

For Q2FY26, TDPS reported consolidated revenue of Rs.4,525 crore, up 48%. EBITDA rose 49% to Rs.826 crore, with the EBITDA margin stable at 18.26% versus 18.15% last year, indicating operational consistency. Net profit surged 46% to Rs. 602 supported by strong execution and favourable product mix.

The Board of Directors declared an interim dividend of Re.1 per equity share (50% on face value of Rs.2 per share), payable within 30 days of declaration. While the company has not issued formal guidance, the Q2 trend suggests continued revenue visibility supported by rising demand for industrial AC generators and electric motors. Analysts expect the company’s margin stability and order momentum to sustain into FY26, with a favourable demand outlook across key end-user industries. Analysts remain positive on TDPS’s prospects, highlighting its ability to maintain profitability amid strong top-line growth and expanding global footprint.
TDPS is engaged in the design and manufacture of AC Generators and Electric Motors for industrial, hydro, and power generation applications. The company operates as a single-segment business under Ind AS 108 and continues to leverage its engineering expertise and diversified client base to strengthen its global presence.