TD Power Systems Limited (TDPOWERSYS) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of TD Power Systems Limited ₹107, price ₹792, upside -86.6%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Structural break:
The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Stretched ValuationStrong overvaluation with only moderate quality.
!Fair value ₹106.53 · Strongly overvalued (−86.6%)
!Quality 58/100
!Expensive Growth(revenue 5y +26.0 %/yr)
✓Solidly profitable · 13.0% net margin (TTM)
✓generates free cash flow
!0.1% dividend yield · Token dividend
!Mixed vs. peers(6/12)
✓Wide moat71/100
!Evidence only low, so the estimate is less certain
Watch TD Power Systems Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹17.87 – ₹209,727 · fair‑value band ₹50.22 – ₹172.71 · the ₹792.15 price screens above the ₹106.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
Follow TD Power Systems in your weekly email
Every Wednesday you see whether TD Power Systems is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
TD Power Systems Limited, together with its subsidiaries, manufactures and sells AC generators and electric motors in India, Japan, the United States, Europe, and Turkey. The company offers steam turbine, gas turbine, hydro turbine, wind turbine, gas engine, and diesel engine generators; induction, traction, and synchronous motors; and spare parts.
Show more
TD Power Systems Limited, together with its subsidiaries, manufactures and sells AC generators and electric motors in India, Japan, the United States, Europe, and Turkey. The company offers steam turbine, gas turbine, hydro turbine, wind turbine, gas engine, and diesel engine generators; induction, traction, and synchronous motors; and spare parts. It also provides design and manufacturing services; spares and refurbishment services; and after sales services. The company serves the renewable energy industry comprising water, geothermal energy, wind, heat recovery, biomass, and waste-to-energy; sugar and ethanol industry; oil and gas industry; pulp, paper, and textiles industry; marine industry; steel industry; and thermal energy industry. TD Power Systems Limited was incorporated in 1999 and is headquartered in Bengaluru, India.
Stock analysis
TD Power Systems Limited (TDPOWERSYS) currently trades at ₹792.15, while our model-based Fair Value estimate is ₹106.53, 86.6% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹158.97 per share, and 0 of the 25 models we run sit above the ₹792.15 price.
Bear case: the Dividend Discount group reads lowest at ₹12.42, and 25 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹50.22 (bear) to ₹172.71 (bull), the price of ₹792.15 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
TD Power Systems Limited reported revenue of ₹18.6B in FY2026 versus ₹7.8B in FY2022, a compound +24.0%/yr. Reported net income was ₹2.4B in FY2026, compounding +35.7%/yr from FY2022.
Key figures
Market cap ₹249B (≈ $2.6B) · P/E ratio 90.0 · P/S ratio 11.6 · EPS (TTM) ₹8.80 · Dividend yield 0.1% · Net margin 12.9% · Return on equity 24.7% · Return on assets (EBIT) 13.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 166% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at −87%, TDPOWERSYS screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹12.42 to ₹272.54). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹50.22Fair Value ₹106.53Bull ₹172.71
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹4.06 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+47.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.0%
Start year 2021 (pandemic). Over 10 years: +13.9% a year
Revenue growth 18 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+36.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+36.8%
Dividend (yield on the price)0.1%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 17%
2026 sits 102% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
Compare TD Power Systems Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Industrial Machinery · 789 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−86.6% · Bottom 25%
Profitability
Return on equity (TTM)24.7% · Top 25%
Return on assets11.8% · Top 25%
Net margin (TTM)13.0% · Top 25%
Operating margin (TTM)17.9% · Top 25%
Growth and dividend
Revenue growth72.1% · Top 25%
Dividend yield (TTM)0.1% · Bottom 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (TTM)90.0× · Priciest 25%
P/B23.10× · Priciest 25%
P/S (TTM)11.65× · Priciest 25%
EV/EBITDA64.8× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 30
PAST (return on equity)99· sector 28
HEALTH (low debt)0· sector 96
DIVIDEND (yield)2· sector 26
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "TD Power Systems Limited Fair Value". https://www.fairvalue-calculator.com/stock/TDPOWERSYS
Frequently asked questions
Is TD Power Systems Limited (TDPOWERSYS) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹106.53 versus a price of ₹792.15, about −87% upside (overvalued).
What is the fair value of TDPOWERSYS?
Our model-based fair value for TD Power Systems Limited is ₹106.53 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹792.15.
What is the quality score of TDPOWERSYS?
TD Power Systems Limited has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for TD Power Systems Limited (TDPOWERSYS)?
Our model-based price target is the fair value of ₹106.53 (as of Oct 2, 2026) from 25 valuation models. Cautious scenario ₹50.22, optimistic scenario ₹172.71. It is a calculation from audited fundamentals, not an analyst target.
What is the TD Power Systems Limited stock forecast for 2026?
Our models put fair value at ₹106.53, about −87% upside versus a price of ₹792.15 (overvalued). Cautious scenario ₹50.22, optimistic scenario ₹172.71. The calculation is refreshed regularly with new filings.
What is the revenue of TD Power Systems Limited (TDPOWERSYS)?
TD Power Systems Limited reported trailing-twelve-month revenue of about ₹21.2B (latest available figure, as of Oct 2, 2026).
Does TD Power Systems Limited pay a dividend?
TD Power Systems Limited currently shows a dividend yield of about 0.10% relative to its recent price (as of Oct 2, 2026).
What growth is priced into TD Power Systems Limited (TDPOWERSYS)?
For today's price to be fair in a discounted-cash-flow model, TD Power Systems Limited would have to grow free cash flow by more than 80 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +26.0 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of TDPOWERSYS use?
Our models discount TD Power Systems Limited at 11.0 %: a base by market capitalisation (mid), damped by beta 0.57, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For TD Power Systems Limited that is more than 80 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has TD Power Systems Limited (TDPOWERSYS) delivered so far?
Over the past 5 years revenue at TD Power Systems Limited grew +26.0 % a year. The price currently implies more than 80 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of TD Power Systems Limited (TDPOWERSYS) growing?
The median revenue growth in the sector is +7.2 % a year. That is the yardstick for the growth priced into TD Power Systems Limited (more than 80 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of TD Power Systems Limited (TDPOWERSYS)?
The free-cash-flow yield on the price is 0.15 %: that much free cash flow TD Power Systems Limited produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of TD Power Systems Limited (TDPOWERSYS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TD Power Systems Limited it is ₹106.53 per share (as of Oct 2, 2026), against a price of ₹792.15. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is TD Power Systems Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, TDPOWERSYS trades above its calculated fair value: price ₹792.15, fair value ₹106.53, a gap of about −87% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TDPOWERSYS?
No. The price is what the market pays today (₹792.15); the fair value is what the company's own numbers justify (₹106.53). For TD Power Systems Limited the two are ₹685.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is TD Power Systems Limited worth?
The market values TD Power Systems Limited at about ₹249B (market capitalisation, as of Oct 2, 2026). Per share that is ₹792.15; our models calculate a fair value of ₹106.53 per share.
What do the bullish and bearish scenarios say about TDPOWERSYS?
Our models span a range for TD Power Systems Limited: cautious scenario ₹50.22, base ₹106.53, optimistic ₹172.71 per share (as of Oct 2, 2026, price ₹792.15). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TDPOWERSYS?
TD Power Systems Limited trades at a price-to-earnings ratio of 90.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹106.53 is built from several models across several years. Other multiples: P/B 23.1, P/S 11.7, EV/EBITDA 64.8.
How solid is the balance sheet of TD Power Systems Limited (TDPOWERSYS)?
Balance-sheet figures for TD Power Systems Limited (as of Oct 2, 2026): return on equity 24.7%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is TDPOWERSYS from its 52-week high?
TD Power Systems Limited trades at ₹792.15, about 2% below its 52-week high of ₹804.90 and 166% above the low of ₹297.38 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹106.53 is for.
Which stocks are comparable to TD Power Systems Limited?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is TD Power Systems Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹792.15, calculated fair value ₹106.53 (−87%), Quality Score 58/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TDPOWERSYS calculated?
We run TD Power Systems Limited through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹106.53, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. TD Power Systems Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of TD Power Systems Limited (TDPOWERSYS)?
The closing price on Oct 1, 2026 was ₹792.15. Our model-based fair value is ₹106.53, about −87% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TD Power Systems Limited right now?
The price sits above even our optimistic bull case (₹172.71). The favourable scenario is already priced in. The model range is unusually wide (₹50.22 to ₹172.71). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of TD Power Systems Limited
How large is the market capitalisation of TD Power Systems Limited (TDPOWERSYS)?
The market capitalisation of TD Power Systems Limited is ₹249B (≈ $2.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of TD Power Systems Limited (TDPOWERSYS)?
The price-to-sales ratio of TD Power Systems Limited is 11.6 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of TD Power Systems Limited (TDPOWERSYS)?
Earnings per share at TD Power Systems Limited are ₹8.80 (price ÷ EPS = P/E 90.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TD Power Systems Limited (TDPOWERSYS)?
The dividend yield of TD Power Systems Limited is 0.1% (payout 9.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of TD Power Systems Limited (TDPOWERSYS)?
The net margin of TD Power Systems Limited is 12.9% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of TD Power Systems Limited (TDPOWERSYS)?
The return on equity (ROE) of TD Power Systems Limited is 24.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of TD Power Systems Limited (TDPOWERSYS)?
On an EBIT basis the return on assets of TD Power Systems Limited is 13.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of TD Power Systems Limited (TDPOWERSYS)?
The operating margin of TD Power Systems Limited is 17.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TD Power Systems Limited (TDPOWERSYS)?
Revenue at TD Power Systems Limited is growing +72.1% versus a year earlier (3y avg +29.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at TD Power Systems Limited (TDPOWERSYS)?
Earnings per share at TD Power Systems Limited are growing +72.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does TD Power Systems Limited (TDPOWERSYS) hold?
TD Power Systems Limited holds more cash than debt, ₹602M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch TD Power Systems Limited in the live analysis
One click puts TD Power Systems Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
