One Number Is More Interesting Than TD Power's 72% Profit Growth

$TDPOWERSYS reported a 72% YoY jump in Q1 FY27 revenue to ₹640 crore and PAT to ₹86 crore. Impressive, but the more interesting number is ₹734 crore of order inflow, up 87% YoY, with exports accounting for 93%. Its order book now stands at about ₹2,207 crore. That suggests this isn't just an earnings catch-up story. The company is replenishing its backlog faster than it is executing it. With ~80% of its business export-oriented, the next question is whether this order momentum can sustain the current growth trajectory. TD Power Systems is worth watching closely.