TD Power Systems Limited (TDPOWERSYS) - Net Assets

Latest as of March 2026: Rs10.72 Billion INR ≈ $115.91 Million USD

Based on the latest financial reports, TD Power Systems Limited (TDPOWERSYS) has net assets worth Rs10.72 Billion INR (≈ $115.91 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.77 Billion ≈ $202.95 Million USD) and total liabilities (Rs8.05 Billion ≈ $87.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TD Power Systems Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs10.72 Billion
% of Total Assets	57.11%
Annual Growth Rate	17.21%
5-Year Change	103.31%
10-Year Change	128.62%
Growth Volatility	34.83

TD Power Systems Limited - Net Assets Trend (2008–2026)

This chart illustrates how TD Power Systems Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TD Power Systems Limited (TDPOWERSYS) market capitalisation.

Annual Net Assets for TD Power Systems Limited (2008–2026)

The table below shows the annual net assets of TD Power Systems Limited from 2008 to 2026. Also explore TD Power Systems Limited equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs10.72 Billion ≈ $115.91 Million	+24.58%
2025-03-31	Rs8.60 Billion ≈ $93.04 Million	+22.01%
2024-03-31	Rs7.05 Billion ≈ $76.26 Million	+16.64%
2023-03-31	Rs6.05 Billion ≈ $65.38 Million	+14.67%
2022-03-31	Rs5.27 Billion ≈ $57.01 Million	+12.00%
2021-03-31	Rs4.71 Billion ≈ $50.90 Million	+10.75%
2020-03-31	Rs4.25 Billion ≈ $45.96 Million	+2.28%
2019-03-31	Rs4.16 Billion ≈ $44.94 Million	-7.54%
2018-03-31	Rs4.49 Billion ≈ $48.60 Million	-4.14%
2017-03-31	Rs4.69 Billion ≈ $50.70 Million	-0.95%
2016-03-31	Rs4.73 Billion ≈ $51.18 Million	-4.20%
2015-03-31	Rs4.94 Billion ≈ $53.43 Million	-2.66%
2014-03-31	Rs5.08 Billion ≈ $54.89 Million	+2.73%
2013-03-31	Rs4.94 Billion ≈ $53.43 Million	+7.45%
2012-03-31	Rs4.60 Billion ≈ $49.73 Million	+145.49%
2011-03-31	Rs1.87 Billion ≈ $20.26 Million	+50.94%
2010-03-31	Rs1.24 Billion ≈ $13.42 Million	+30.93%
2009-03-31	Rs947.83 Million ≈ $10.25 Million	+54.09%
2008-03-31	Rs615.10 Million ≈ $6.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TD Power Systems Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 824025900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs8.24 Billion	76.88%
Common Stock	Rs312.43 Million	2.92%
Other Comprehensive Income	Rs383.42 Million	3.58%
Other Components	Rs1.78 Billion	16.62%
Total Equity	Rs10.72 Billion	100.00%

TD Power Systems Limited Competitors by Market Cap

The table below lists competitors of TD Power Systems Limited ranked by their market capitalization.

Company	Market Cap
Zhuzhou Huarui Precision Cutting Tools Co Ltd SHG:688059	$1.29 Billion
Guangdong Hoshion Aluminium Co Ltd SHE:002824	$1.29 Billion
ACV Auctions Inc. NASDAQ:ACVA	$1.29 Billion
Guangzhou Metro Design And Research SHE:003013	$1.29 Billion
Digital Turbine Inc NASDAQ:APPS	$1.29 Billion
Hainan Drinda Automotive Trim Co Ltd SHE:002865	$1.29 Billion
Jiangsu Favored Nanotechnology Co. Ltd. A SHG:688371	$1.29 Billion
Hisense Home Appliances Group Co. Ltd F:GKE	$1.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TD Power Systems Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 8,603,044,000 to 10,717,643,000, a change of 2,114,599,000 (24.6%).
Net income of 2,387,749,000 contributed positively to equity growth.
Dividend payments of 257,712,000 reduced retained earnings.
New share issuances of 63,000 increased equity.
Other comprehensive income decreased equity by 27,351,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs2.39 Billion	+22.28%
Dividends Paid	Rs257.71 Million	-2.4%
Share Issuances	Rs63.00K	+0.0%
Other Comprehensive Income	Rs-27.35 Million	-0.26%
Other Changes	Rs11.85 Million	+0.11%
Total Change	Rs-	24.58%

Book Value vs Market Value Analysis

This analysis compares TD Power Systems Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 11.14x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 39.38x to 11.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-03-31	Rs19.39	Rs763.75	x
2009-03-31	Rs29.88	Rs763.75	x
2010-03-31	Rs39.12	Rs763.75	x
2011-03-31	Rs15.37	Rs763.75	x
2012-03-31	Rs31.27	Rs763.75	x
2013-03-31	Rs29.73	Rs763.75	x
2014-03-31	Rs30.54	Rs763.75	x
2015-03-31	Rs29.73	Rs763.75	x
2016-03-31	Rs28.48	Rs763.75	x
2017-03-31	Rs28.21	Rs763.75	x
2018-03-31	Rs27.04	Rs763.75	x
2019-03-31	Rs25.46	Rs763.75	x
2020-03-31	Rs27.44	Rs763.75	x
2021-03-31	Rs30.42	Rs763.75	x
2022-03-31	Rs34.10	Rs763.75	x
2023-03-31	Rs38.85	Rs763.75	x
2024-03-31	Rs45.14	Rs763.75	x
2025-03-31	Rs55.05	Rs763.75	x
2026-03-31	Rs68.59	Rs763.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TD Power Systems Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 22.28%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.86%
• Asset Turnover: 0.99x
• Equity Multiplier: 1.75x
Recent ROE (22.28%) is above the historical average (13.61%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	49.41%	5.71%	1.86x	4.65x	Rs242.42 Million
2009	31.07%	6.15%	1.70x	2.96x	Rs199.68 Million
2010	20.71%	5.65%	1.23x	2.97x	Rs132.85 Million
2011	30.25%	6.56%	1.29x	3.57x	Rs379.25 Million
2012	14.34%	6.39%	1.17x	1.93x	Rs199.60 Million
2013	8.45%	7.11%	0.70x	1.70x	Rs-76.67 Million
2014	4.41%	4.66%	0.50x	1.91x	Rs-283.53 Million
2015	-0.17%	-0.14%	0.67x	1.81x	Rs-502.32 Million
2016	-1.94%	-1.81%	0.64x	1.68x	Rs-565.13 Million
2017	-0.94%	-1.18%	0.51x	1.58x	Rs-513.06 Million
2018	-3.21%	-3.36%	0.61x	1.58x	Rs-593.65 Million
2019	0.77%	0.71%	0.60x	1.80x	Rs-383.54 Million
2020	7.04%	5.90%	0.67x	1.78x	Rs-125.63 Million
2021	9.60%	7.74%	0.74x	1.67x	Rs-18.63 Million
2022	13.37%	8.99%	0.87x	1.72x	Rs177.80 Million
2023	16.01%	11.40%	0.94x	1.49x	Rs363.60 Million
2024	16.78%	12.13%	0.94x	1.47x	Rs478.36 Million
2025	20.29%	13.89%	0.92x	1.59x	Rs885.45 Million
2026	22.28%	12.86%	0.99x	1.75x	Rs1.32 Billion

Industry Comparison

This section compares TD Power Systems Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $43,574,207,300
Average return on equity (ROE) among peers: 4.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TD Power Systems Limited (TDPOWERSYS)	Rs10.72 Billion	49.41%	0.75x	$1.29 Billion
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$27.17 Million
Ador Welding Limited (ADORWELD)	$1.26 Billion	17.96%	0.32x	$184.52 Million
The Anup Engineering Limited (ANUP)	$5.28 Billion	19.58%	0.53x	$354.91 Million
ATAM VALVES ORD (BSE) (ATAM)	$110.08 Million	12.41%	0.78x	$7.14 Million
Azad Engineering Limited (AZAD)	$908.92 Million	12.65%	1.82x	$1.95 Billion
Bharat Heavy Electricals Limited (BHEL)	$342.09 Billion	4.25%	1.07x	$16.57 Billion
Cummins India Limited (CUMMINSIND)	$75.61 Billion	26.45%	0.34x	$15.29 Billion
Diamond Power Infrastructure Limited (DIACABS)	$6.55 Billion	-122.90%	2.75x	$2.09 Billion
Diffusion Engineers Ltd (DIFFNKG)	$3.69 Billion	9.72%	0.20x	$178.99 Million
Ducon Infratechnologies Limited (DUCON)	$238.32 Million	0.60%	0.42x	$4.32 Million

About TD Power Systems Limited

NSE:TDPOWERSYS India Specialty Industrial Machinery

Market Cap

$1.29 Billion

Rs119.32 Billion INR

Market Cap Rank

#7850 Global

#391 in India

Share Price

Rs763.75

Change (1 day)

+5.77%

52-Week Range

Rs541.95 - Rs1586.60

All Time High

Rs1586.60