TD Power Systems

Q2 results came out on 29th. Decent numbers at first glance

Investor presentation
https://www.bseindia.com/xml-data/corpfiling/AttachLive/8b974ee9-a349-4a31-a824-676747e991dd.pdf

Concall held on 30th Oct
Top line guidance for current year 1250 to 1275 cr. With 580 cr done in Q1 and Q2, that leaves a run rate of 335 or 350 cr per Q, in Q3 and Q4…1250 will be a solid growth of 25%. Margin growth will be 2-3% more than the sales growth, as per guidance. With the kind of order book they have and the way, factories are utilized, this looks very much feasible. Risk is of course, a lot of dependence on exports, rather than domestic. That said, TD is in every possible sector feasible in this field and that includes sunrise sector like clean energy.

TD Power Systems Ltd Q2 FY2024-25 Earnings Conference Call

Disc…invested