TD Power Systems Limited has announced strategic changes in its senior management structure, effective March 1, 2026. The Board of Directors approved these appointments through a circular resolution, strengthening key operational positions across the organization.

Management Appointments and Changes

The company has made three significant changes to its senior management team:

Leadership Profiles

Mr. Bhavan Kumar - Head Business Excellence

Mr. Bhavan Kumar brings substantial experience to his new role, with over 22 years of extensive experience in mechanical engineering and manufacturing leadership. His expertise encompasses:

• Deep knowledge in factory operations
• Total Quality Management (TQM) specialization
• Operational excellence initiatives
• Strong track record of driving performance transformation across manufacturing environments

Mr. Ramesh K N - Head Procurement

Mr. Ramesh K N is an Electrical Engineer with over 15 years of rich experience in the rotating electrical machines manufacturing industry. His career highlights include:

• Association with TD Power Systems Limited since 2009
• Demonstrated consistent career growth through technical acumen and leadership capability
• Results-driven mindset with diverse exposure across multiple functions
• Experience spanning Quality Assurance, Manufacturing Operations, International Assignments, and Strategic Projects

Regulatory Compliance

The appointments have been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Company Secretary & Compliance Officer Bharat Rajwani signed the disclosure document, ensuring full regulatory compliance for these senior management changes.

These strategic appointments reflect TD Power Systems Limited's commitment to strengthening its operational capabilities and leadership structure across critical business functions.

TD Power Systems Limited has delivered impressive Q3FY26 financial results, demonstrating strong operational performance across its manufacturing operations. The company, engaged in manufacturing AC generators and electric motors for various applications, reported significant growth in both revenue and profitability metrics.

Standalone Financial Performance

The company's standalone operations showed robust growth momentum during the quarter ended December 31, 2025. Key financial highlights demonstrate the strength of the company's core business operations.

The company's nine-month performance also reflected strong fundamentals with revenue from operations reaching ₹1,18,239.76 lakhs and net profit of ₹15,370.15 lakhs for the period ended December 31, 2025.

Consolidated Results Highlight Group Strength

On a consolidated basis, TD Power Systems demonstrated the strength of its global operations, which include wholly owned subsidiaries across multiple geographies. The consolidated results encompass the parent company along with subsidiaries in India, USA, Germany, and Turkey.

Management Guidance and Market Outlook

During the earnings conference call held on January 30, 2026, Managing Director Nikhil Kumar provided comprehensive guidance for the company's future performance. The management expects to cross ₹1,800 crores in revenue for the current financial year and has provided upward guidance for FY27 at ₹2,200-plus crores.

The company achieved an all-time record quarterly order inflow of ₹6.56 billion, representing a 61% year-on-year increase. Export order inflow, including deemed exports, constituted 84% of the quarter's orders at ₹5.10 billion.

Capacity Expansion and Production Ramp-up

The company declared its third plant operational on December 18, 2025, significantly enhancing its production capabilities. Management indicated that current quarterly sales of around ₹450 crores will ramp up to ₹550-575 crores per quarter in Q4, moving to approximately ₹600 crores per quarter from Q1 onwards.

Operational Efficiency and Cost Management

The company demonstrated effective cost management during the quarter. Total expenses on a standalone basis were ₹35,771.83 lakhs compared to ₹27,426.41 lakhs in Q3FY25. The increase in expenses was proportionally lower than revenue growth, indicating improved operational leverage.

Key expense components included cost of materials consumed at ₹29,500.66 lakhs and employee benefits expenses of ₹3,943.75 lakhs. The company benefited from favorable inventory changes, recording a positive impact of ₹1,306.96 lakhs from changes in inventories of finished goods and work-in-progress.

Strong Market Position Across Segments

The company's diverse business portfolio continues to show strength across multiple segments. The gas turbine and gas engine business remain the strongest segments with highest growth potential, driven primarily by data center demand and grid stabilization requirements. The steam turbine market is experiencing steady 10-12% growth, while the hydro segment is showing increased activity in both domestic and international markets.

The Board of Directors meeting was held on January 29, 2026, where the unaudited financial results for the quarter and nine months ended December 31, 2025, were approved and taken on record.