TD Power Systems Limited (533553) Q1 26/27 earnings summary

Executive summary

• Achieved highest-ever quarterly order inflow and sales in Q1 FY27, with standalone total income of INR 6.3 billion and consolidated sales of INR 6.43 billion, up over 70% year-over-year.

• EBITDA margin for the quarter was 19.34%, with profit after tax rising to INR 860 million consolidated, up 72% year-over-year.

• Order inflow for the quarter reached INR 7.34 billion, up 87% year-over-year, with 93% from exports.

• Strong cash position maintained, with cash and cash equivalents at $2.4 billion and ₹1,196 million as of June 2026.

• Upgraded FY27 revenue guidance to ₹2,600 crores, reflecting robust order pipeline and execution capability.

Financial highlights

• Standalone total income: INR 6.3 billion vs INR 3.63 billion (Q1 FY 2026); consolidated sales: INR 6.43 billion vs INR 3.76 billion (up 71%).

• EBITDA for Q1 FY27 was ₹1,217 million (19.0% margin), up 72% YoY.

• Standalone profit after tax: INR 853 million vs INR 471 million (up 81%); consolidated profit after tax: INR 860 million vs INR 500 million (up 72%).

• Order book as of June 30, 2026, stood at ₹22,073 million.

• Basic earnings per share for the quarter was ₹5.54, up from ₹3.07 in the same quarter last year.

Outlook and guidance

• FY27 revenue guidance revised to INR 2,600 crores, with strong outlook for FY27 and FY28.

• Capacity expansion plans for FY28 to reach INR 32 billion revenue, with further expansion to INR 40 billion+ for FY29-30 under consideration.

• Ongoing debottlenecking investments of INR 500 million planned.

• Management expects continued operational and financial support for subsidiaries and anticipates improvement in market conditions.