TD Power Systems Q2 FY27 Results Awaited as Board Meets November 12
Key highlights
- TD Power Systems will consider Q2 FY27 results and a possible interim dividend on November 12, 2026.
- Q1 FY27 consolidated revenue was ₹640.05 crore, up 72.1% year on year.
- Q1 FY27 consolidated PAT rose 72.3% year on year to ₹86.29 crore.
- The manufacturing order book stood at ₹2,208 crore at the end of Q1 FY27.
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TD Power Systems Ltd. is scheduled to consider its July-September 2026, or Q2 FY27, results on November 12, following Q1 FY27 consolidated revenue of ₹640.05 crore, up 72.1% year on year. The board will also consider an interim dividend, while the results were not available in the provided disclosures as of November 11.
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When will TD Power Systems announce Q2 FY27 results?
TD Power Systems is scheduled to place its unaudited Q2 and first-half FY27 financial results before its board on Thursday, November 12, 2026. The filing describes the period under review as the quarter and half year ended September 30, 2026. The board is also due to consider a declaration of interim dividend, if any.
The company has separately notified an earnings conference call for November 13, 2026, a day after the scheduled board meeting. Its trading window is stated to remain closed until 48 hours after the results. The information supplied does not contain the final Q2 revenue, profit, margin, dividend decision, or management commentary, so these figures should not be treated as reported yet.
The scheduled date falls 43 days after the end of the September quarter. This is the first reported checkpoint after the company revised its FY27 revenue guidance to ₹2,600 crore, with management indicating that the target could potentially be exceeded.
What did TD Power Systems report in Q1 FY27?
TD Power Systems reported consolidated revenue of ₹640.05 crore for the June 2026 quarter, compared with ₹371.90 crore a year earlier, a 72.1% increase. Revenue was also 8.63% higher than ₹589.19 crore in the March 2026 quarter.
Consolidated EBITDA rose 76.7% year on year to ₹121.63 crore in Q1 FY27 from ₹68.83 crore. Consolidated profit after tax increased 72.3% to ₹86.29 crore from ₹50.07 crore. The company’s reported operating margin for the quarter was 19.0%, while standalone EBITDA margin was 19.34%, compared with 18.7% a year earlier.
Standalone total income rose 74% to about ₹630 crore and standalone profit after tax grew 81% to ₹85.3 crore, according to the supplied Q1 summary. The distinction between standalone and consolidated numbers matters because the upcoming filing will provide the formal Q2 and H1 financial statements on both bases.
What business factors will investors track in the Q2 filing?
TD Power Systems’ Q2 disclosures will be assessed against its ₹2,600 crore FY27 revenue guidance and its stated expectation of an 18% to 19% EBITDA margin. The company had indicated an expected quarterly revenue run-rate of ₹550 crore to ₹600 crore from Q4 FY26 onwards, and its Q1 revenue of ₹640.05 crore was above that indicated range.
Order execution and fresh order inflows will be important operating indicators. The manufacturing order book stood at ₹2,208 crore at the end of Q1 FY27, while Q1 order inflow was ₹734 crore, up 87% quarter on quarter. These data points provide context for management’s outlook but do not establish the revenue or profitability that will be reported for Q2.
The company has also signed a 10-year Build-to-Print Manufacturing Agreement with Siemens Energy to produce two-pole generators. In early October, it received an order worth ₹192 crore through its US subsidiary. The Q2 period ended before that October order, although investors may look for management commentary on its expected operational relevance.
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How does the results date affect TD Power Systems investors?
The scheduled Q2 release is material because Q1 marked a sharp rise from the prior year and followed revenue growth in earlier quarters. Consolidated sales increased from ₹372 crore in June 2025 to ₹452 crore in September 2025, ₹443 crore in December 2025, ₹589 crore in March 2026 and ₹640 crore in June 2026.
For investors, the board’s decision on an interim dividend is a separate item from the earnings release. No dividend amount has been disclosed in the material provided. The November 12 filing and the November 13 earnings call are therefore the relevant sources for confirmation of Q2 financial performance, capital-return decisions, order-book updates and guidance commentary.
The latest available reported quarter also provides a comparison with the preceding year. In Q4 FY26, the company reported consolidated revenue of ₹534.27 crore, up 42.0% year on year, and profit after tax of ₹62.74 crore, up 42.7%. The Q1 result subsequently extended the growth trend, but the September-quarter outcome remains pending in the supplied data.
Why are guidance and margins important for Q2 FY27?
TD Power Systems has tied its FY27 outlook to revenue of ₹2,600 crore and EBITDA margins of 18% to 19%. Revenue growth alone will therefore not be the only measure of progress: the results will also show whether the company retained its operating profitability while executing a larger volume of business.
The 19.0% Q1 operating margin and 19.34% standalone EBITDA margin were close to the company’s stated margin range. Any formal Q2 discussion on input costs, foreign-exchange effects, export execution, order conversion, or the Siemens Energy arrangement would help clarify the factors behind the reported performance. Until the board filing is released, however, such details have not been confirmed.
Conclusion
TD Power Systems enters its November 12 Q2 FY27 board meeting after a June-quarter performance that included ₹640.05 crore of consolidated revenue and ₹86.29 crore of consolidated profit after tax. The scheduled meeting also covers a possible interim dividend, making the release relevant for both operating and shareholder-return information.
The next confirmed event is the company’s earnings conference call on November 13, 2026. Investors will watch for the final Q2 and H1 figures, the board’s dividend decision, progress against the ₹2,600 crore FY27 revenue guidance, margin performance, and any update on the ₹2,208 crore manufacturing order book.


