TD Power Systems share price soars over 9%: Dividend declared, Q2 profit more than doubles - Should you buy?

Detailed summary

TD Power Systems reported a 105.58% year-on-year rise in Q2 FY27 net profit to ₹123.74 crore, while revenue climbed 85.94% to ₹841.31 crore. The company declared a ₹0.65 interim dividend and raised its FY27 revenue guidance to ₹2,900-3,000 crore.

TD Power share price: Shares of AC generator and electric motor manufacturer TD Power Systems rallied over 9% on Friday, November 13, after the company announced a strong set of financial results for the September 2026 quarter. The company more than doubled its consolidated net profit year-on-year, supported by robust revenue growth and improved operating performance.

Alongside its quarterly earnings, TD Power Systems also announced an interim dividend for FY27, offering an additional development for shareholders to track. The company reported strong order inflows and expressed confidence in its business outlook for FY27 and FY28, while upgrading its revenue guidance for the current financial year.

Dividend: The company's board declared an interim dividend of ₹0.65 per share, with a face value of ₹1 each, for the financial year ending March 31, 2027.

The record date for determining shareholder eligibility has been fixed at November 18. The payment of the interim dividend will be made within 30 days of its declaration.

TD Power Systems reported a 105.58% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹123.74 crore in the July-September quarter of FY27, compared with ₹60.19 crore in the corresponding quarter of the previous financial year.

Revenue from operations increased 85.94% to ₹841.31 crore in the reporting quarter from ₹452.46 crore in Q2 FY26.

The company's operating performance also improved significantly, with earnings before interest, taxes, depreciation and amortisation (EBITDA) rising 110.11% to ₹174 crore from ₹83 crore in the year-ago period.

EBITDA margin expanded to 20.63% in Q2 FY27 from 18.26% in Q2 FY26, indicating an improvement in operating profitability.

However, total expenses also increased 79.85% year-on-year to ₹675.77 crore from ₹375.74 crore in the corresponding quarter last year. The increase was primarily driven by higher raw material consumption, with the cost of materials consumed rising to ₹630.11 crore from ₹309.34…

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