Power stock engaged in manufacturing Generators, Electric motors, and many more for various applications jumped 4 percent in the day’s trade upon receiving work orders with an expected value of Rs. 300 Crores.
Price Action
With a market capitalization of Rs. 6,480 Crores, the shares of T D Power Systems Limited were trading at Rs. 414.85 per equity share, up 2.3 percent from its previous day’s close price of Rs. 405.75.
What Happened
T D Power Systems Limited has signed a five-year contract with a Major International Company’s Indian entity to supply traction motors to the European Market. The initial orders received are scheduled to be delivered in April 2025 for a consideration of Rs. 18 Crores, following which the total business volume is expected to be around Rs. 300 Crores over the next five years.
About the Company
TD Power Systems Limited is engaged in manufacturing AC generators and Electric motors for various applications which are specifically designed to suit the needs of the customers based on their requirements and specifications.
TD Power Systems Limited has a strong order book of Rs. 1,215 Crores and its break up is as follows Exports 43.09 percent, Railways 32.45 percent, Domestic 21.76 percent, Spares & Aftermarket 1.36 percent, and Turnkey projects 1.31.
Financials and Ratios
Its Revenue from operations grew by 24.28 percent from Rs. 220.29 Crores in Q1FY24 to Rs. 273.78 Crores in Q1FY25, accompanied by profits of Rs. 26.65 Crores to Rs. 35.35 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 16.78 percent, and a return on capital employed (ROCE) of 23.05 percent. It has maintained a debt-to-equity ratio of 0.
Written by: Bharath K.S
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