TD Power Systems Share Price

TD Power Systems Limited (TD Power) is a leading manufacturer of alternating current (AC) generators and electric motors in India, primarily engaged in the production of high-performance generators for a wide range of applications. The company supplies steam turbine generators, gas turbine generators, hydro turbine generators, wind turbine generators, generators for marine applications, and induction motors. TD Power operates state-of-the-art manufacturing facilities and exports its products to over 25 countries, making it one of the leading generator manufacturers in the low to medium capacity range (up to 60 MW). The TD Power share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the TD Power stock price often mirrors shifts in power generation capex, demand from renewable energy and industrial sectors, and investor views on the capital goods sector’s growth prospects. Factors such as the pace of capacity expansion, competitive intensity from other generator manufacturers, raw material price fluctuations, and government policies on power generation (thermal, hydro, renewable) influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the TD Power stock price movements.

TD Power live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of TD Power live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the TD Power share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

TD Power Systems Limited Company Fundamentals

a. Company Background

TD Power Systems Limited was incorporated in 1999. The company’s registered office is located in Bangalore, Karnataka. The company was founded by Nikhil Kumar (Managing Director) and incorporated on November 30, 1999. TD Power Systems is engaged in manufacturing air conditioning (AC) generators and electric motors for various applications. Its products include steam turbine generators, gas turbine generators, hydro turbine generators, wind turbine generators, gas engine generators, diesel engine generators, generators for marine applications, and induction motors. The company has a strong market position as a leading manufacturer of AC generators of less than 60 MW capacity range, supplying to OEM turbine makers and EPC contractors globally. Over the years, TD Power has significantly expanded its product portfolio and manufacturing footprint. It operates in a competitive environment, with pricing and production governed by market forces and client requirements. The company has consistently focused on enhancing its technological capabilities to meet the growing demand for power generation equipment in India and globally. TD Power Systems currently employs 814 people and has subsidiaries including DF Power Systems Private Limited, TD Power Systems (USA) Inc., TD Power Systems Europe GmbH, and TD Power Systems Jenerator Sanayi AS.

b. Product Lines

• Steam turbine generators for thermal power generation applications

• Gas turbine generators for power plants using natural gas as fuel

• Hydro turbine generators for hydropower projects including run-of-river and reservoir-based plants

• Wind turbine generators for renewable energy applications

• Gas engine generators for distributed power generation

• Diesel engine generators for backup and prime power applications

• Generators for marine applications for shipboard power generation

• Generators for testing application for research and development facilities

• Generators for geothermal application for renewable geothermal power

• Induction motors for industrial applications

• Replacement, refurbishment, and spares services for generators and motors

• Design and manufacturing services

• After-sales service and support

c. Company Revenue Model

• Primary revenue from the manufacturing and sale of AC generators and electric motors to OEM turbine makers and EPC contractors globally

• Volume-driven revenue based on quantity of generators and motors supplied across thermal, hydro, renewable, and industrial applications

• Pricing determined by raw material costs (copper, steel), product complexity, power output ratings (up to 60 MW), and market demand

• Revenue from both domestic Indian market serving domestic power projects and exports to international customers in over 25 countries

• Revenue from replacement, refurbishment, and spares segment for aftermarket services

• Expanding product portfolio and capacity contributing to new revenue streams through higher production volumes and new product introductions

• Focus on increasing share of export market to drive revenue growth

• Investment in new manufacturing technologies to enhance production capacity and product quality

• Revenue from subsidiaries including TD Power Systems (USA) Inc., TD Power Systems Europe GmbH, and DF Power Systems Private Limited

• Raw material price fluctuations and global power sector capex cycles influencing revenue stability

• Government policies on power generation and renewable energy influencing revenue stability

d. Geographic Presence

• Headquartered in Bangalore, Karnataka with registered office at No. 15/1, 1st Floor, Binnypet, Dr. Rajkumar Road, Rajajinagar, Bangalore – 560021

• Manufacturing facilities located in India with state-of-the-art production capabilities

• Strong domestic market presence across India serving power generation companies, EPC contractors, and OEM turbine makers

• Global export presence to over 25 countries across the globe

• Wholly-owned subsidiaries in the USA (TD Power Systems (USA) Inc.), Germany (TD Power Systems Europe GmbH), and Turkey (TD Power Systems Jenerator Sanayi AS)

• Focus on expanding into new geographical areas through enhanced manufacturing capabilities and international subsidiaries

• Operations primarily concentrated in southern India with manufacturing footprint and global delivery capabilities

e. Key Milestones

• 1999: Incorporated as TD Power Systems Limited on November 30, 1999

• 2000s: Established manufacturing facilities for AC generators

• 2024-25: Reported revenue of ₹1,302.41 crore for FY2024-25

• 2025: Revised revenue guidance up by 20% for FY26e to ₹1,800 crore (vs ₹1,500 crore earlier) and ₹2,000+ crore for FY27e (vs ₹1,800 crore earlier)

• 2025: Reported Q2 FY26 revenue of ₹457.56 crore with net profit of ₹60.19 crore

f. Industry Perspective

TD Power Systems Limited operates in the electrical equipment and power generation industry, which is part of India’s capital goods sector. Globally, the generator market continues to expand with the Asia-Pacific region being the largest and fastest-growing market. The global generator market was valued at approximately USD 22 billion in 2024 and is projected to grow at a CAGR of 6-7% from 2025 to 2030. In India, the power generation equipment sector is poised for substantial growth. India’s power generation capacity has grown to over 450 GW, with significant investments planned in thermal, hydro, and renewable energy. The Indian electrical equipment industry is projected to reach USD 100 billion by 2027, growing at a CAGR of 10-12%. The Indian government has set a target of 500 GW of non-fossil fuel capacity by 2030, creating significant opportunities. The country added 16.3 GW of power generation capacity in 2024, the highest in nine years. The hydro power segment added 1.6 GW, the highest in six years. Private sector participation and policy support like the National Electricity Plan are key demand drivers. The company benefits from the shift towards cleaner energy sources and the need for efficient AC generators in power plants. The after-market (refurbishment and spares) is also a key growth area, which is a high-margin business for TD Power. Key challenges include raw material price volatility (copper, steel), intense competition from domestic and international players, and technology shifts towards renewable energy requiring different generator specifications.

TD Power Systems Limited Stock Market Presence: Listings & Index Representation

TD Power Systems is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol TDPOWERSYS and on the Bombay Stock Exchange (BSE) with the scrip code 533553. Its listing on both exchanges ensures that the TD Power price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. TD Power is included in BSE SmallCap, BSE Industrials, and BSE AllCap indices. Being represented in multiple indices enhances the visibility and liquidity of the TD Power price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s electrical equipment landscape. The inclusion of TD Power in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the TD Power price to corporate and industry developments. The company’s ISIN code is INE419M01027 and face value is ₹10 per share.

TD Power Systems Limited Stock Performance and Share Price History

The TD Power price has exhibited significant volatility over the past decade, shaped by the company’s leadership in India’s generator sector and broader power equipment industry cycles. The TD Power share price recorded a total return of approximately 19.13% over the last 1 year, 61.8% over the last 3 years, and 57.4% over the last 5 years, significantly outperforming the BSE Capital Goods index’s 19.3% and 28.9% returns respectively over the same periods. The TD Power share price reached a 52-week high of ₹1,051.00 and a 52-week low of ₹569.50, indicating a wide trading range and substantial price fluctuations. The TD Power share price recorded a remarkable rally in 2024-2025, delivering a substantial positive annual return, while the subsequent period has seen the TD Power stock price moderate and correct from its peak levels. The TD Power share price has shown a 1-month return of approximately -1.2% and a 3-month return of -10.9% as of April 2026, indicating recent consolidation.

The TD Power price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 27.8% year-on-year revenue growth to ₹1,302.41 crore for FY2025 and revised revenue guidance upward, the TD Power stock price showed a positive reaction. The TD Power price has shown a pattern of strong positive momentum in years when the company’s capacity expansion and order book announcements exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the TD Power price. Corporate developments, including strategic announcements such as the upward revision of revenue guidance to ₹1,800 crore for FY26 and ₹2,000+ crore for FY27, the company’s strong position in the AC generator market for less than 60 MW capacity range, and the expansion of export markets, have also influenced short-term fluctuations in the TD Power price. The TD Power share price has shown a 1-year return of approximately 19.13% as of April 2026, reflecting positive growth over the last year. The TD Power share price has shown a 10-year aggregate net profit that has grown significantly, reflecting the company’s improving profitability over the long term. The TD Power share price reached its 52-week high of ₹1,051.00 before declining to its 52-week low of ₹569.50, reflecting the volatility inherent in the electrical equipment space. The TD Power share price has shown a year-to-date return of approximately -16.3% as of April 2026, indicating pressure in the current fiscal year. Comprehending these patterns in the TD Power share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the TD Power price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The TD Power share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2024-2025 with strong positive returns, while the worst year was 2022 with a decline. In terms of annual performance, the TD Power share price delivered a 1-year return of 19.13%, a 3-year return of 61.8%, and a 5-year return of 57.4%. The TD Power share price has demonstrated that the stock tends to perform better in periods of strong power generation capex and supportive government policies on renewable and thermal power, while underperforming during phases of raw material volatility and intense competition. The TD Power stock price has shown a 3-year total return of 61.8%, indicating substantial wealth creation over this period. The TD Power stock price continues to trade at a discount from its 52-week high of ₹1,051.00, standing at around ₹835-900 levels as of April 2026.

TD Power Systems Limited Investor Relevance and Role in Portfolio

TD Power holds a significant position for portfolio investors who seek exposure to India’s electrical equipment sector with a focus on power generation equipment. The company’s presence in the AC generator market for less than 60 MW capacity range aligns it with investment strategies that value power sector growth, renewable energy expansion, and the “Make in India” initiative. The TD Power share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor order book growth, capacity utilization, and raw material costs when evaluating allocation decisions.

Institutional stakeholders play a moderate role in TD Power’s ownership profile. As of December 2025, Promoters hold 51.70% of the company. Mutual funds hold 5.32% of the company. Key mutual fund holders include Nippon India Small Cap Fund, HDFC Small Cap Fund, and other domestic mutual funds. Foreign Institutional Investors (FIIs) hold 1.44% of the company, while Domestic Institutional Investors (DIIs) hold 3.62% of the company. Institutional investors as a whole hold 10.38% of the company as of December 2025. Retail and other shareholders hold approximately 37.93% of the company. These investors represent a blend of domestic and limited international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, TD Power exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta stands at approximately 1.1 according to , indicating that the stock is generally more volatile than the broader market over an extended period. Based on data, the daily-one month beta shows moderate correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows higher-than-market sensitivity in short-term trading. Based on data, the weekly-two year beta shows moderate correlation, and the 2 week-two year range beta is also moderate. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The stock has a beta of 1.1 and volatility of 3.20%. The average weekly movement stands at approximately 6-8%, which is higher than the capital goods industry average. Overall, the TD Power stock price demonstrates a moderate-to-high volatility profile with beta values suggesting the stock tends to move with greater sensitivity to broader market direction over certain time frames.

The TD Power share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The TD Power stock price’s beta reflects that the company’s established market position and global client relationships may provide some stability, though the electrical equipment sector remains sensitive to raw material price fluctuations and power sector capex cycles.

TD Power Systems Limited Sectoral Relevance and Peer Positioning

The sector relevance of TD Power is anchored in its role within the broader Indian electrical equipment and power generation industry, where it competes with other generator and motor manufacturers. As part of this industry, the company’s strategic positioning connects AC generators and electric motors to thermal, hydro, renewable, and industrial power generation applications across India and globally. Competitors in the electrical equipment segment include companies such as Bharat Heavy Electricals Limited (BHEL), Siemens Limited, ABB India Limited, CG Power and Industrial Solutions Limited, Kirloskar Electric Company Limited, and other domestic and international players. In the generator market space, global competitors include GE, Siemens, Mitsubishi, and other international manufacturers. Firms with parallels in either product range or manufacturing scale are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the TD Power P/E ratio have shown variations over different periods. The mean historical P/E Ratio over the last ten years is 160.4, with the current P/E ratio standing at approximately 40.2-43.0 across different sources, having changed -73.15% with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Similarly, TD Power EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and new product introductions supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. TD Power earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown consistent growth, increasing from ₹3.42 in FY2021 to ₹11.18 in FY2025. Over a ten-year period, the company demonstrated consistent improvement in EPS, with average earnings per share growth of approximately 25-30% per year. The highest EPS growth rate was 47.4% in FY2025, while the lowest was during periods of margin pressure.

TD Power market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving electrical equipment market. Over years, the TD Power market cap has followed a pattern of significant growth. The market cap increased from approximately ₹4,539-7,280 crore as of April 2026. This growth mirrors the trend in the TD Power share price and the broader performance of the electrical equipment sector relative to broader market indices.

TD Power earnings over the past several years have been characterised by a period of consistent growth. Total revenue increased from ₹675.98 crore in FY2022 to ₹712.71 crore in FY2023, ₹1,016.73 crore in FY2024, and ₹1,302.41 crore in FY2025, representing a 5-year CAGR of approximately 20-25%. Profit After Tax increased from ₹26.62 crore in FY2022 to ₹42.42 crore in FY2023, ₹118.35 crore in FY2024, and ₹174.58 crore in FY2025, showing strong growth momentum. For the trailing twelve months (TTM) as of April 2026, revenue stood at ₹1,570 crore with net profit of ₹210 crore. For the quarter ended December 2025, net sales were ₹457.56 crore with net profit of ₹60.19 crore, EBITDA of ₹87.71 crore, and OPM of 19.2%.

TD Power EPS has shown variation over the past decade. The diluted EPS stood at ₹11.18 (TTM) as of April 2026, with the TTM P/E ratio at 42.0. The EPS growth rate has shown significant variation, with the company delivering a growth rate of 47.4% in FY2025, 179.1% in FY2024, and 59.3% in FY2023. According to historical data, Adj EPS was ₹0.18 in 2015, ₹0.16 in 2016, ₹0.17 in 2017, ₹0.18 in 2018, ₹0.19 in 2019, ₹0.17 in 2020, ₹0.17 in 2021, ₹0.18 in 2022, ₹0.27 in 2023, ₹0.76 in 2024, and ₹1.12 in 2025.

The TD Power P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 40.2-43.0x across different sources, while the industry P/E stands at approximately 45-50x. The mean historical P/E ratio over the last ten years is 160.4. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings momentum. The TD Power share price has been influenced by these valuation metrics. The TD Power stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

TD Power Systems Limited is a leading generator manufacturer listed on both the NSE and BSE, where the TD Power share price reflects power generation capex cycles, order book growth, and capacity expansion within the electrical equipment sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader power equipment industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s generator manufacturing market.