TD Power Systems has delivered a remarkable 2,160% return over the past five years, transforming from a modest performer into a standout multibagger. According to reports from NDTV Profit, this extraordinary performance has been driven by a fundamental improvement in the company's underlying business fundamentals and operational efficiency, turning the stock into a 23x-bagger over the five-year period.
The company's financial transformation has been substantial across all key metrics. As reported by NDTV Profit, consolidated revenue increased from ₹594.8 crore in FY21 to ₹1,869.5 crore in FY26, representing a compound annual growth rate of 25.7%. More significantly, EBITDA rose from ₹67.2 crore to ₹342.9 crore, achieving a CAGR of 38.6%. The most impressive improvement came in profitability, with PAT climbing from ₹45.2 crore to ₹238.8 crore, growing at a CAGR of 40%. EBITDA margin expanded from 11.3% to 18.3%, representing a gain of 700 basis points, while PAT margin improved from 7.6% to 12.6%.
The company's operational efficiency has improved dramatically over the five-year period. According to NDTV Profit reports, EBITDA margin expanded from 11.3% to 18.3%, representing a gain of 700 basis points. Similarly, PAT margin improved from 7.6% to 12.6%, demonstrating the company's ability to scale operations while maintaining or improving profitability metrics. The latest quarterly results continue this trend, with Q1 FY27 showing EBITDA margin at 19.0% and PAT margin at 12.6%.
TD Power Systems has significantly expanded its geographical footprint and market presence. As reported by NDTV Profit, the company's installed base grew from 4,882 generators across more than 95 countries by March 2021 to 8,375 units across 113 countries by June 2026. The order pipeline has also strengthened substantially, with the company ending the June quarter with an order book of ₹2,207 crore and quarterly order inflow jumping 87% year-on-year to ₹734 crore. Notably, exports and deemed exports accounted for 93% of quarterly order inflows, highlighting the company's strong international presence.
The latest quarterly results continue to support the company's growth trajectory. According to NDTV Profit, consolidated revenue rose 71% year-on-year to ₹640.1 crore in Q1 FY27, while EBITDA increased 72% to ₹121.7 crore and PAT climbed 72% to ₹86.3 crore. Management has raised FY27 revenue guidance to ₹2,600 crore and indicated that demand remains strong across generator businesses. The company is also working on debottlenecking to support around ₹3,200 crore of capacity for FY28, with further expansion being evaluated for FY29-30.
