TD Power Systems Limited — PPTs, 12-05-2025: Investor Presentation

1. Financial Highlights:

TD Power Systems reported record FY25 revenue of ₹1,291 Cr, up 28% YoY. EBITDA increased 41% to ₹243 Cr with margin expansion to 18.8%. PAT surged 50% to ₹173 Cr, with PAT margin at 13.4%. Q4FY25 revenue rose 34% to ₹356 Cr, EBITDA jumped 69% to ₹74 Cr, and PAT nearly doubled to ₹53 Cr. Gross margin improved to 35.6%. Order inflow grew 41% to ₹1,478 Cr; exports made up 67%. Order book remains strong at ₹1,368 Cr.

2. Strategic Initiatives & Growth Drivers:

The company is expanding its portfolio into high-voltage generators (up to 20 kV) and variable frequency units for transformer testing. Export markets remain a key focus, driven by renewables, gas-based power, and data center demand. A third plant starting in FY26 will boost capacity and agility.

3. Business Developments:

Major wins include a 22 MW generator replacement in India, geothermal units for Turkey, high-inertia generators for US data centers, and an 80 MW generator domestically. Contracts for hydro generators in Nepal and motors for nuclear power enhance geographical and product diversification. TDPS also secured orders from leading steam turbine and gas engine OEMs globally.

4. Market Position & Competitive Advantage:

TDPS’s automated manufacturing, strong engineering, and global tech partnerships support operations in 98+ countries. Its niche expertise in specialized generators, especially high-voltage and variable frequency types, cements its leadership in India and strengthens its global footprint in renewables, thermal power, and data centers.

5. Investor Implications:

Strong order growth and margin expansion indicate solid growth potential. Export focus and new capacity enhance scalability and global reach. Moderate execution risk exists during capacity ramp-up, and monitoring domestic market recovery is advised. Overall, TDPS shows healthy momentum driven by its diversified offerings and expanding international presence.