Highlights

• TD Power Systems shares gained 4.70% during intraday NSE trading on May 15.
• The company announced FY26 earnings growth alongside a proposed stock split.
• Board recommended final dividend of ₹ 1.10 per equity share for FY26.

Shares of TD Power Systems Limited (NSE:TDPOWERSYS) traded higher on May 15, 2026, after the company announced its FY26 financial results, final dividend recommendation, and proposed stock split. The stock traded at ₹ 1,256.60 during intraday activity, up 6.13% from the previous close of ₹ 1,184.00 on the National Stock Exchange.

The stock opened at ₹ 1,199.50 and touched an intraday high of ₹ 1,289.00, while the day’s low stood at ₹ 1,125.30. Volume-weighted average price was reported at ₹ 1,221.36.

Source: Trading View

Board Approves Stock Split Proposal

The board approved sub-division of existing equity shares in a 1:2 ratio, subject to shareholder approval. Under the proposal, one equity share having face value of ₹ 2 each will be split into two equity shares having face value of ₹ 1 each.

The company stated that the stock split aims to encourage participation of smaller investors and improve liquidity in the company’s equity shares. Post-split, the authorised share capital structure will change from 17.50 crore equity shares of ₹ 2 face value to 35 crore equity shares of ₹ 1 face value.

Dividend Recommendation for FY26

TD Power Systems’ board recommended a final dividend of ₹ 1.10 per equity share of face value ₹ 2 each for FY26.

The dividend remains subject to shareholder approval at the upcoming annual general meeting and, if approved, will be paid within 30 days from the AGM date.

FY26 Revenue and Profit Register Growth

TD Power Systems reported standalone net sales and income from operations of ₹ 1,71,666.38 lakh for FY26, compared with ₹ 1,26,539.62 lakh in FY25. Profit before tax stood at ₹ 29,407.57 lakh during FY26, compared with ₹ 20,916.22 lakh in the previous financial year.

Profit after tax increased to ₹ 21,644.35 lakh from ₹ 15,371.00 lakh recorded in FY25. Total comprehensive income for FY26 stood at ₹ 21,751.80 lakh, compared with ₹ 15,295.65 lakh in the previous year.

Source: Company Filing

Key Risks

• Delays in industrial capex cycles may affect equipment demand.
• Raw material cost volatility could influence operating margins.
• Export market weakness may impact overseas business performance.
• Currency fluctuations may affect international operations and profitability.

Summary

TD Power Systems (NSE:TDPOWERSYS) shares gained nearly 5% during intraday trading on May 15, 2026, after the company announced FY26 earnings growth, a final dividend recommendation, and a proposed 1:2 stock split.

The company reported higher revenue and profit compared with FY25 while receiving unmodified audit opinions for both standalone and consolidated financial statements.

FAQs

Q: Why did TD Power Systems shares rise on May 15, 2026?
A: Shares gained after FY26 earnings announcement, dividend recommendation, and proposed stock split approval.

Q: What stock split did TD Power Systems announce for shareholders?
A: The company proposed a 1:2 equity share split subject to shareholder approval.

Q: What dividend did TD Power Systems recommend for FY26?
A: The board recommended a final dividend of ₹ 1.10 per equity share.