Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

TD Power Systems Ltd (TDPS): Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:44 am

Market Cap 7,096 Cr.
Current Price 454
High / Low 480/257
Stock P/E52.4
Book Value 49.5
Dividend Yield0.24 %
ROCE25.4 %
ROE18.1 %
Face Value 2.00
PEG Ratio1.67

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
HLE Glascoat Ltd 2,517 Cr. 369 582/35084.3 63.20.30 %13.1 %8.62 % 2.00
Harish Textile Engineers Ltd 31.0 Cr. 93.0 103/42.7 23.30.00 %10.8 %2.98 % 10.0
Disa India Ltd 2,367 Cr. 16,276 20,900/13,23850.8 1,7801.23 %25.9 %19.2 % 10.0
Cranex Ltd 78.6 Cr. 131 190/47.041.8 19.50.00 %10.1 %14.9 % 10.0
Concord Control Systems Ltd 1,068 Cr. 1,786 2,062/53870.8 91.10.00 %72.8 %60.3 % 10.0
Industry Average12,292.56 Cr1,764.6258.11272.710.26%19.11%15.35%5.77

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales168163227180227205213205250220274243264
Expenses149148203158197177187172206182227203222
Operating Profit19152422312826334339474042
OPM %11%9%11%12%13%14%12%16%17%18%17%16%16%
Other Income4439876084355
Interest-0100110000000
Depreciation5566655555555
Profit before tax18132125332827294637454041
Tax %15%21%24%21%25%24%26%30%23%28%27%25%29%
Net Profit15101620252120203527333029
EPS in Rs0.990.671.031.261.591.381.281.292.271.712.101.911.86

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales5874805975073804354595155947978721,001
Expenses534458581498369424429477523701739829
Operating Profit5323169111030387197134171
OPM %9%5%3%2%3%2%7%7%12%12%15%17%
Other Income31342420201692716242116
Interest7667696109744
Depreciation121529292827262222222121
Profit before tax64356-7-4-107335692130162
Tax %35%36%114%33%24%51%57%9%20%23%25%27%
Net Profit4223-1-9-4-14330457097118
EPS in Rs2.511.37-0.05-0.55-0.27-0.870.201.942.924.536.207.58
Dividend Payout %16%34%-1,059%-110%-135%-41%194%23%17%15%16%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-45.24%-104.35%-800.00%55.56%-250.00%121.43%900.00%50.00%55.56%38.57%21.65%
Change in YoY Net Profit Growth (%)0.00%-59.11%-695.65%855.56%-305.56%371.43%778.57%-850.00%5.56%-16.98%-16.92%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:17%
3 Years:19%
TTM:14%
Compounded Profit Growth
10 Years:18%
5 Years:105%
3 Years:44%
TTM:19%
Stock Price CAGR
10 Years:18%
5 Years:76%
3 Years:78%
1 Year:70%
Return on Equity
10 Years:6%
5 Years:13%
3 Years:16%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital33333333333331313131313131
Reserves461474461440437416385394440496573674741
Borrowings27635728456961685271000
Other Liabilities321397345292233190271265262309299333450
Total Liabilities8429688967937497087487577859079031,0381,223
Fixed Assets200219272258233213198180174166163186189
CWIP165401111111013
Investments0000001020202020100
Other Assets6266956245345154955395575907207208421,030
Total Assets8429688967937497087487577859079031,0381,223

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +65-2547-13-20-34856-3118984
Cash from Investing Activity +-58-50-3293-13-0-11-14-13-34
Cash from Financing Activity +-1925-12-3517-45-17-2011-89-16
Net Cash Flow-12-5032-46-97-1039-348-1334

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow26.00-40.00-41.00-19.00-34.00-59.00-31.00-30.0019.0026.00134.00171.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days11116995112154155182123100110113112
Inventory Days4490628811396129147174134123139
Days Payable111176136145184140192146100978178
Cash Conversion Cycle4482215583111118123174147154173
Working Capital Days225-312551071098896110100104
ROCE %14%8%2%0%1%-0%3%6%12%16%22%25%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters58.73%58.65%58.65%58.61%58.57%58.46%58.51%58.43%34.27%34.27%34.27%34.27%
FIIs2.72%2.53%2.05%0.88%1.33%1.57%1.85%2.61%10.11%11.35%12.85%14.84%
DIIs10.73%11.21%11.97%12.22%11.86%13.16%15.42%16.33%33.14%32.81%32.36%31.53%
Public27.21%27.00%26.73%27.69%28.24%26.60%24.03%22.62%22.49%21.58%20.53%19.34%
Others0.61%0.60%0.60%0.60%0.00%0.20%0.20%0.02%0.00%0.00%0.00%0.01%
No. of Shareholders10,71412,26813,35215,22018,96322,27827,87234,40851,76360,28768,41680,384

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund11,275,3200.75378.2311,275,3202024-12-200%
Aditya Birla Sun Life Small Cap Fund3,571,9252.52119.8211,275,3202024-12-20-68.32%
ICICI Prudential Smallcap Fund3,113,2391.36104.4311,275,3202024-12-20-72.39%
Quant Active Fund2,700,0000.9390.5711,275,3202024-12-20-76.05%
HDFC Multi Cap Fund1,772,2690.4459.4511,275,3202024-12-20-84.28%
UTI Small Cap Fund1,704,1231.5157.1611,275,3202024-12-20-84.89%
Mirae Asset Aggressive Hybrid Fund1,645,5520.6555.211,275,3202024-12-20-85.41%
Aditya Birla Sun Life Multi-Cap Fund1,568,2700.9652.6111,275,3202024-12-20-86.09%
HDFC Dividend Yield Fund1,462,1220.9949.0511,275,3202024-12-20-87.03%
HSBC Flexi Cap Fund1,455,1961.1148.8111,275,3202024-12-20-87.09%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.0010.0010.0010.00
Basic EPS (Rs.)7.586.2322.9614.839.76
Diluted EPS (Rs.)7.586.2322.8014.619.67
Cash EPS (Rs.)8.937.5329.8021.5616.86
Book Value[Excl.RevalReserv]/Share (Rs.)45.1538.74169.49152.16137.39
Book Value[Incl.RevalReserv]/Share (Rs.)45.1538.74169.49152.16137.39
Revenue From Operations / Share (Rs.)64.0755.90256.38191.89166.45
PBDIT / Share (Rs.)11.769.6134.9124.3315.00
PBIT / Share (Rs.)10.418.2827.8317.387.81
PBT / Share (Rs.)10.398.3029.6018.2610.59
Net Profit / Share (Rs.)7.586.2022.7114.619.68
NP After MI And SOA / Share (Rs.)7.586.2022.7114.619.68
PBDIT Margin (%)18.3517.1913.6112.689.01
PBIT Margin (%)16.2414.8110.859.054.69
PBT Margin (%)16.2114.8511.549.516.36
Net Profit Margin (%)11.8211.098.857.615.81
NP After MI And SOA Margin (%)11.8211.098.857.615.81
Return on Networth / Equity (%)16.7816.0113.409.607.04
Return on Capital Employeed (%)22.8021.0616.0211.165.54
Return On Assets (%)11.4010.717.795.753.95
Total Debt / Equity (X)0.000.000.130.110.15
Asset Turnover Ratio (%)1.030.960.940.650.63
Current Ratio (X)2.522.411.911.881.67
Quick Ratio (X)1.761.731.341.261.22
Inventory Turnover Ratio (X)2.982.762.772.422.90
Dividend Payout Ratio (NP) (%)13.1919.3410.995.1343.59
Dividend Payout Ratio (CP) (%)11.1915.938.373.4725.02
Earning Retention Ratio (%)86.8180.6689.0194.8756.41
Cash Earning Retention Ratio (%)88.8184.0791.6396.5374.98
Interest Coverage Ratio (X)593.02140.9952.7916.868.51
Interest Coverage Ratio (Post Tax) (X)383.2690.7531.669.523.91
Enterprise Value (Cr.)4415.172300.89981.91345.35171.78
EV / Net Operating Revenue (X)4.412.641.230.580.33
EV / EBITDA (X)24.0515.349.044.593.70
MarketCap / Net Operating Revenue (X)4.622.831.340.770.50
Retention Ratios (%)86.8080.6589.0094.8656.40
Price / BV (X)6.564.092.030.970.61
Price / Net Operating Revenue (X)4.622.831.340.770.50
EarningsYield0.020.030.060.090.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 470.60

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 3.66% compared to the current share price 454.00

Intrinsic Value of as of December 22, 2024 is: 618.05

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 36.13% compared to the current share price 454.00

Last 5 Year EPS CAGR: 31.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (491.69 cr) compared to borrowings (41.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (518.67 cr) and profit (47.00 cr) over the years.
  1. The stock has a low average ROCE of 9.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 67.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 107.08, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 11.82%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 22.8% (Industry Average ROCE: 19.11%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 16.78% (Industry Average ROE: 14.84%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 383.26
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.76
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 52.4 (Industry average Stock P/E: 52.3)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

TD Power Systems Ltd. is a Public Limited Listed company incorporated on 16/04/1999 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L31103KA1999PLC025071 and registration number is 025071. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 718.81 Cr. and Equity Capital is Rs. 31.10 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - Heavy# 27, 28 & 29, KIADB Industrial Area, Bengalure Rural Dist. Karnataka 562111investor.relations@tdps.co.in
http://www.tdps.co.in
Management
NamePosition Held
Mr. Mohib N KherichaChairman
Mr. Nikhil KumarManaging Director
Ms. S PrabhamaniDirector
Ms. Prathibha SastryIndependent Director
Mr. Rahul MatthanIndependent Director
Mr. Karl Olof Alexander OlssonIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹470.60, which is 3.66% higher than the current market price of ₹454.00. The stock has a market capitalization of 7,096 Cr. and recorded a high/low of 480/257 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹741 Cr and total liabilities of ₹1,223 Cr.

What is the Market Cap of ?

The Market Cap of is 7,096 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 454.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 480/257.

What is the Stock P/E of ?

The Stock P/E of is 52.4.

What is the Book Value of ?

The Book Value of is 49.5.

What is the Dividend Yield of ?

The Dividend Yield of is 0.24 %.

What is the ROCE of ?

The ROCE of is 25.4 %.

What is the ROE of ?

The ROE of is 18.1 %.

What is the Face Value of ?

The Face Value of is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE