This small-cap multibagger delivered 457% returns in two years!

resr 5paisa Research Team 7th September 2023 - 05:09 pm
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An investment of 1 lakh would have been Rs 5.5 lakh in two years.

TD Power Systems Ltd is one of the leading manufacturers of AC Generators in the world with products in the output range of 1 MW to 200 MW for prime movers, such as steam turbines, gas turbines, hydro turbines, diesel engines, and gas and wind turbines. It also manufactures special application generators for Geo-Thermal and Solar thermal applications. It focuses on manufacturing custom-designed generators for its customers globally.

TDPS generators are designed to perform with the highest efficiency. It has supplied 2500 generators working in 72 countries globally. It has service partners in 19 countries. TDPS has its own technology for generators up to 55 MW and is a licensee of Siemens AG for 2 Pole generators from 55 MW up to 200 MW.

The company’s wholly-owned subsidiary, DF Power Systems Private Limited, is in the business of Engineering, Procurement, and Construction executing Boiler-Turbine Generator island projects and the balance of plant portion for steam turbine power plants with output capacity from 20 MW up to 150 MW.

The company’s share price climbed from Rs 112.95 on 11 August 2020 to Rs 624 on 10 August 2022, an increase of 457% in just two years. If an investor would have invested Rs 1 lakh in the company it would have become Rs 5.5 lakhs in just 2 years.

The company posted a total income of Rs 211.06 crore in Q1FY23 against Rs 165.41 crore reported in Q1FY22. It also posted a profit of Rs 21.49 crore for the quarter under review as against Rs 10.38 crore posted in the same quarter the previous year.

On 10 August 2022, the stock touched a fresh 52-week high of Rs 638.35 and it has a 52-week low of Rs 174.90.

On 11 August 2022, at 11:28 am, the shares are down by 2.97% and the scrip is trading at Rs 601.25. 

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