Board Meeting Details

The Board of Directors meeting was held on August 11, 2026, commencing at 4:00 PM IST and concluding at 4:30 PM IST.

Key Financial Results (Standalone - ₹ in lakhs)

Quarter Ended June 30, 2026 (Unaudited) vs Comparative Periods:

  • Net Sales/Income from Operations: ₹62,784.19 (Q1 FY26: ₹35,796.37; Q4 FY26: ₹1,71,666.38)
  • Profit Before Tax: ₹11,666.13 (Q1 FY26: ₹6,421.81; Q4 FY26: ₹29,407.57)
  • Profit After Tax: ₹8,646.36 (Q1 FY26: ₹4,788.15; Q4 FY26: ₹21,644.35)
  • Total Comprehensive Income: ₹8,526.16 (Q1 FY26: ₹4,711.76; Q4 FY26: ₹21,751.80)
  • Earnings Per Share (Basic): ₹5.54 (Q1 FY26: ₹3.07; Q4 FY26: ₹13.86)
  • Earnings Per Share (Diluted): ₹5.53 (Q1 FY26: ₹3.06; Q4 FY26: ₹13.85)

Detailed Standalone Income Statement Breakdown:

  • Total Income: ₹63,021.67 (Revenue from Operations: ₹62,784.19 + Other Income: ₹237.48)
  • Expenses: ₹51,355.54 (Cost of materials: ₹43,487.24, Employee benefits: ₹4,942.25, Depreciation: ₹694.46, Other expenses: ₹4,077.64)
  • Tax Expenses: ₹3,019.77 (Current Tax: ₹2,765.43 + Deferred Tax: ₹254.34)

Key Financial Results (Consolidated - ₹ in lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from Operations: ₹64,005.39
  • Total Income: ₹64,267.11
  • Profit Before Tax: ₹11,689.44
  • Profit After Tax: ₹8,629.31
  • Total Comprehensive Income: ₹8,595.28
  • Earnings Per Share (Basic): ₹5.52
  • Earnings Per Share (Diluted): ₹5.52

Board Decisions

1. Taken on record the Un-Audited Financial Results for quarter ended June 30, 2026, along with Limited Review Report of Statutory Auditors

2. Re-appointed M/s. Avanza Management Consulting, Chartered Accountants, Bangalore as internal auditors for Financial Year 2026-27

Internal Auditor Appointment Details

  • Firm: Avanza Management Consulting, Chartered Accountants, Bangalore
  • Appointment Date: August 11, 2026
  • Term: Financial Year 2026-27
  • Profile: Established in 2001, prominent consulting firm based in Bangalore specializing in business management consulting services
  • Relationships: None disclosed between directors

Auditor Review Reports

Varma & Varma, Chartered Accountants (FRN 004532S) issued unmodified review reports for both standalone and consolidated financial results:

Standalone Report Highlights:

  • Conducted review in accordance with SRE 2410
  • Financial results prepared in accordance with Ind AS 34
  • No material misstatements identified
  • Japanese branch results (₹502.83 lakhs income, ₹(25.13) lakhs net loss) reviewed by branch auditor

Consolidated Report Highlights:

  • Includes subsidiaries: D F Power Systems Private Limited, TD Power Systems USA Inc, TD Power Systems Europe GMBH, TD Power Systems Jenerator Sanayi Anonim Sirketi
  • Emphasis of Matter regarding going concern assessment of Indian subsidiary
  • Multiple subsidiaries reviewed by other auditors

Subsidiary Information

DF Power Systems Private Limited (Indian Subsidiary):

  • Company has exposure of ₹2,040.75 lakhs via equity investment
  • Additional impairment provision of ₹300.00 lakhs recognized during year ended March 31, 2026
  • Cumulative impairment provision aggregates to ₹2,040.75 lakhs as at March 31, 2026
  • Subsidiary's net worth remains positive due to reduction in accumulated losses

Foreign Branch Performance (Japan):

  • Total Income: ₹502.83 lakhs
  • Net Loss After Tax: ₹(25.13) lakhs
  • Total Comprehensive Loss: ₹(36.27) lakhs

Capital Structure

  • Paid-up Equity Share Capital: ₹3,124.57 lakhs (Face value ₹2 per share)
  • Number of Equity Shares: 15,62,28,430 shares
  • ESOP Activity: 13,600 equity shares issued to TDPSL Employee Welfare Trust during period ended June 30, 2026 against exercise of 13,780 ESARs

Additional Information

  • Company engaged in manufacturing AC Generators and Electric Motors
  • Single segment operation as per Ind AS 108
  • Financial results recommended by Audit Committee and approved by Board of Directors