TD Power Systems Surges 49% in a Month, Hits Record High of ₹932; Q3 FY26 Order Inflow Jumps 61%

TD Power Systems share price (NSE: TDPOWERSYS) touched a new all-time high of ₹932.65 on Monday, rising 6% during intra-day trade on the BSE. In the last one month, the stock has surged 49%, supported by strong December quarter (Q3FY26) earnings and healthy order inflows.

The stock crossed its earlier record high of ₹919.80 set on February 19, 2026. Around 1:57 PM, it was trading 3% higher at ₹910.80, compared to a 0.34% gain in the BSE Sensex. Trading volumes more than doubled, with about 2.01 million shares changing hands on the NSE and BSE combined.

Q3 FY26 Order Inflow Jumps 61% Year-on-Year

In Q3FY26, TD Power Systems reported a 61% year-on-year rise in order inflow to ₹656.1 crore, up from ₹407.3 crore in the same quarter last year. About 84% of the new orders came from exports. As of December 31, 2025, the company’s total order book stood at ₹1,845 crore.

The company received a key order from a US-based OEM to supply two 11MW generators for the American Sugar project in the US. It also secured domestic orders from a major Indian steam turbine OEM for three generators totalling 140 MW for steel power plants in India. Additionally, it won an export order to supply two 31.5 MW generators for the PT Global project in Indonesia.

Profit and Revenue Show Strong Growth

TD Power Systems reported a 24% rise in profit after tax (PAT) to ₹55 crore in Q3FY26, compared to ₹44.3 crore a year ago. Total revenue grew 27% year-on-year to ₹444.9 crore from ₹351 crore. The company’s EBITDA margin improved to 18.6% from 17.6%, showing better operational efficiency.

FY26 and FY27 Revenue Guidance Remains Strong

The company maintained its revenue guidance of ₹1,800 crore for FY26. It also revised its FY27 revenue target upward to ₹2,200 crore, reflecting confidence in future growth.

Management said exports will continue to be the main growth driver in FY27 and FY28. TD Power Systems has a diversified product portfolio, including AC generators for steam, gas, hydro and diesel power plants, as well as motors for industrial applications. It serves around 45 global OEMs across different business segments.

With its third plant now commissioned, the company expects production and sales to increase from Q4FY26 onwards.

Read More: India’s Forex Reserves Rise by $8.66 Billion to Reach Record $725.7 Billion.

Conclusion

TD Power Systems has delivered strong gains in 2026, backed by robust order inflows, rising exports and improved profitability. With a healthy order book and optimistic revenue guidance for FY26 and FY27, the company appears well-positioned for continued growth, although investors should watch execution and global demand trends closely.

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