• Capital expenditure plans: TD Power Systems plans to raise around ₹500 crore to fund a new manufacturing plant for a build-to-print generator contract exceeding 150 MW with Siemens Energy.
• Plant commissioning timeline: The new facility will take two years to construct, targeting completion around mid-2028, with meaningful revenue contributions expected to ramp up by calendar year 2030.
• Guidance and margins: Management confirmed full-year revenue guidance of ₹2,700 crore with guaranteed margins of 18% to 19%, noting any potential upgrades will be evaluated during the November earnings call.
• OEM capacity expansion: Strong order inflows across data centers, grid stabilization, and waste-to-heat energy are supported by OEM customers doubling or tripling manufacturing capacity ahead of large-scale production in 2028 and 2029.