TD Power Systems shares surged 19% in intraday trade to hit a fresh 52-week high of ₹1,530 on Wednesday, August 12, following the company's announcement of strong quarterly earnings. The stock opened 17% higher at ₹1,395 and extended gains to reach the day's peak, with trading volume exceeding 9 million shares according to NSE data. As of 2:45 PM, the stock was holding gains to trade 17.4% higher at ₹1,498, significantly outperforming the benchmark Nifty 50 index which was down 0.6% at 24,330. The latest rally lifted TD Power Systems' market capitalisation by ₹2,942 crore to ₹22,867.94 crore. The company has raised its FY27 revenue guidance to ₹2,600 crore from ₹2,400 crore guided in the previous quarter, with the guidance earlier at ₹2,200 crore after Q3FY26. This marks the fifth consecutive quarter of raised guidance, reflecting sustained strong demand across all verticals of the generator business.
For the June quarter of FY27, TD Power Systems delivered exceptional financial results with consolidated net profit rising 72% year-on-year to ₹86.29 crore from ₹50.07 crore in the same period last year. Revenue from operations in Q1 FY27 advanced 72% to ₹640.05 crore compared with ₹371.8 crore in the year-ago period. EBITDA surged 71.9% to ₹121.68 crore and EBITDA margin improved marginally to 19% in Q1FY27 from 18.9% YoY, demonstrating strong operational efficiency. The company's order book stood at ₹2,207.30 crore at the end of the June quarter, providing strong revenue visibility going forward. Q1FY27 order inflows jumped 87% year-on-year to ₹734.10 crore, compared with ₹392 crore a year ago, with 93% of total order inflows at ₹683.60 crore, up 165.6% YoY from ₹257.30 crore, coming from exports.
The steam turbine generator segment continued to see strong order intake, particularly from domestic steel-industry installations in the 15-45 MW range. In the gas turbine segment, demand is being driven by the expansion of data centres, along with oil and gas and industrial applications in the US. The gas engine generator segment also continues to see strong momentum, supported by standardised, high-volume programmes. As per CNBC TV18, margins remained stable at around 19% even as the company continued to see strong demand across its generator business. The company expects FY27 and FY28 to remain robust based on strong demand across all verticals.
During the June quarter, TD Power Systems secured multiple orders from leading turbine OEMs across steel, cement and sugar industries, including international projects in Africa and the Middle East. The company also received multiple Captive Power Plant (CPP) orders from a major turbine OEM, including a 60 MW, 2-pole range generator, among the largest in the segment. In hydro generator segment, the company won orders from European and Domestic Hydro OEMs for projects in Europe and India across the 9–22 MW range. The company has upgraded its FY27 revenue guidance to ₹2,600 crore and expressed strong outlook for FY27 and FY28, with further high-volume genset programs for CY 2027.
