Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Six Months ended September 30, 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting comprising approval of financial results and declaration of dividend
Date of Board Meeting / Approval: November 12, 2026 (3:30 PM to 4:00 PM)
Audit Opinion: Unqualified with an Emphasis of Matter (Limited Review Report for quarterly results)
Auditor’s Comment: The auditors, Varma & Varma, included an Emphasis of Matter regarding a material uncertainty related to the going concern assumption of the Indian subsidiary, D F Power Systems Private Limited. They concluded this was not material to the Group.
Key Financial Highlights [Unit: ₹ in Lakhs]
Standalone Results:
Revenue from Operations:
- Q2 FY27: ₹82,313.10 (vs. Q2 FY26: ₹39,557.94 | +108.1% YoY)
- H1 FY27: ₹1,45,097.29
Total Income:
- Q2 FY27: ₹82,527.60
- H1 FY27: ₹1,45,549.27
Net Profit:
- Q2 FY27: ₹12,131.15 (vs. Q2 FY26: ₹5,078.06 | +138.9% YoY)
- H1 FY27: ₹20,777.51
EPS (Basic) (in ₹):
- Q2 FY27: 3.88
- H1 FY27: 6.65
Cash and Cash Equivalents (as of 30.09.2026): ₹18,778.36 Lakhs (vs. 31.03.2026: ₹1,617.82 Lakhs)
Debt:
- Short-term Borrowings: ₹0.00 Lakhs (vs. 31.03.2026: ₹1,809.62 Lakhs)
Consolidated Results:
Revenue from Operations:
- Q2 FY27: ₹84,131.88
- H1 FY27: ₹1,48,137.27
Total Income:
- Q2 FY27: ₹84,352.61
- H1 FY27: ₹1,48,619.72
Net Profit (Attributable to the Group):
- Q2 FY27: ₹12,374.66
- H1 FY27: ₹21,003.97
EPS (Basic) (in ₹):
- Q2 FY27: 3.96
- H1 FY27: 6.72
Cash and Cash Equivalents (as of 30.09.2026): ₹28,888.51 Lakhs (vs. 31.03.2026: ₹7,834.03 Lakhs)
Segment-wise Performance:
The company operates a single reportable segment: "manufacturing of AC Generators and Electric Motors for various applications." No additional segment-wise breakdown is provided.
Corporate Actions:
Dividend: An interim dividend of 65% i.e., ₹0.65 per equity share of face value ₹1 each was declared for FY27. The record date is November 18, 2026. Payment will be made within 30 days of declaration.
Capital Raising:
- A preferential issue of 1,250,000 equity shares at ₹600 per share (including a premium of ₹599) was allotted to promoters on September 20, 2026, aggregating ₹75,00,00,000.
- A Qualified Institutions Placement (QIP) of 7,741,935 equity shares at ₹775 per share (including a premium of ₹774) was allotted on October 12, 2026, aggregating ₹599,99,99,625.
Share Subdivision: The company sub-divided its equity shares from a face value of ₹2 to ₹1 per share. The record date for this corporate action was August 24, 2026.
Other Significant Information:
Impairment: An additional impairment provision of ₹300.00 lakhs was recognized against the investment in D F Power Systems Private Limited during the year ended March 31, 2026. The cumulative impairment provision is ₹2,040.75 lakhs.
ESOP: The company operates the TDPSL Equity Based Compensation Plan 2019. During the period, 13,600 equity shares were issued to the ESOP trust upon the exercise of 13,780 Employee Stock Appreciation Rights (ESARs).