TD Power Systems logo

TD Power Systems share price

NSE: TDPOWERSYSBSE: 533553Electrical EquipmentSmall Cap

Last close ₹639.55down ₹33.85 (5.03%)BSE ₹639.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹673.40.

52-week range of traded prices to 23 Oct 2026
₹301.20Low, 27 Jan 2026₹856.10High, 5 Oct 2026
Market cap
₹20,558 Cr419th largest listed
P/E
74.8
P/B
19.2
Dividend yield
0.16%
ROE
28.5%
ROCE
32.8%
Debt to equity
0.02
Volume, NSE
74,00,01352.9% delivered

Share price

Daily closes since Sep 2011, adjusted for splits and bonuses

+97.9%over a year · Nifty 500 −9.8%

ResultsSplit, bonus, rights or demerger20-session average 37,86,417 shares a day, 42.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

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

Revenue by year

Peak revenue ₹1,856 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown
₹ croreSep 2024Filed 30 OctDec 2024Filed 7 FebMar 2025Filed 10 JunJun 2025Filed 6 AugSep 2025Filed 30 OctDec 2025Filed 29 JanMar 2026Filed 14 MayJun 2026Filed 11 Aug
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.PE ratio and valuation history

Price to earnings

At or below today's level on 91% of 1,855 trading days over the last 10 years.

LowestHighest
Its median37.3Industry median31.1
Price to book

At or below today's level on 97% of 1,951 trading days since Nov 2018.

LowestHighest
Its median3.6Industry median5.4
EV to EBITDA53.3

At or below today's level on 94% of 1,951 trading days since Nov 2018.

LowestHighest
Its median19.4Industry median23.6
Dividend yield

At or below today's level on 5% of 2,476 trading days over the last 10 years.

LowestHighest
Its median0.64%Industry median0.38%

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.

Who owns it

Per cent of the company's shares, from the filing of 12 Oct 2026.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.

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

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
53
Added
15
Cut
25
Held unchanged
61
Sold out
4
Fund
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund1,93,07,7041.88%₹1,517.7 Cr
Axis Mutual Fund logoAxis Focused FundAxis Mutual Fund30,91,0842.32%₹243.0 Cr
Sundaram Mutual Fund logoSundaram Large and MidcapSundaram Mutual Fund29,69,6473.27%₹233.4 Cr
Axis Mutual Fund logoAxis Multicap FundAxis Mutual Fund29,30,0571.92%₹230.3 Cr
HSBC Mutual Fund logoHSBC Midcap FundHSBC Mutual Fund26,99,9541.26%₹212.2 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund26,38,8383.39%₹207.4 Cr
HSBC Mutual Fund logoHSBC Multi Cap FundHSBC Mutual Fund25,17,4973.10%₹197.9 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Multi-Cap FundAditya Birla Sun Life Mutual Fund24,91,7362.70%₹195.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund24,41,6402.39%₹191.9 Cr
Axis Mutual Fund logoAxis Large & Mid Cap FundAxis Mutual Fund23,71,2141.13%₹186.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Heavy Electrical Equipment, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to TD Power Systems in market cap.

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 IndiaENRIN94,48963.519.645.1––34.3%39.2%0.15%
Suzlon Energy logoSuzlon EnergySUZLON51,41116.45.416.7+45.2%+50.2%40.4%27.4%0.00%
Thermax logoThermaxTHERMAX36,89162.26.643.7+4.7%−11.6%11.3%8.3%0.65%
Schneider Electric Infrastructure logoSchneider Electric InfrastructureSCHNEIDER26,639145.034.479.7+9.6%−29.5%27.5%24.7%0.00%
Azad Engineering logoAzad EngineeringAZAD16,008115.210.567.7+28.7%+39.5%9.5%9.0%0.00%
Triveni Turbine logoTriveni TurbineTRITURBINE14,14842.19.832.4+17.7%−1.6%25.3%27.1%0.95%
Atlanta Electricals logoAtlanta ElectricalsATLANTAELE12,45357.313.433.3––23.4%34.7%0.00%
Karamtara Engineering logoKaramtara EngineeringKARAMTARA11,270–––––––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.Dividend history and dates

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

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.Share news and 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
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%
13 Oct 2026830.00832.00792.60797.85807.3622,25,17844.7%
12 Oct 2026800.00851.55796.05825.65833.0651,52,17326.9%
9 Oct 2026795.00813.00773.85793.75797.4222,07,01634.5%
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.

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.

Legal name
TD Power Systems Limited
NSE symbol
TDPOWERSYS
BSE code
533553
ISIN
INE419M01035
Industry
Electrical Equipment
Listed
Sep 2011
Face value
₹1
CIN
L31103KA1999PLC025071
Corporate identity number, the registrar of companies' code for it