Servotech Renewable Power System Ltd

Servotech Renewable Power System Ltd

₹ 91.7 -0.89%
27 Nov - close price
About

Incorporated in 2004, Servotech Renewable Power System Ltd. manufactures EV Chargers, Solar Products, and Power & Backup Products[1]

Key Points

Product portfolio
The company offers end-to-end clean energy solutions, including EV chargers, solar inverters, energy storage systems, and key components.
1. Solar Products - Solar Panels, Solar Inverters & Solar Batteries
2. EV Chargers - AC Chargers, DC Chargers
3. L3 & L5 Vehicle Li-ion Battery - Lithium-ion battery packs for L3 & L5 category electric vehicles
4. EV Charger Components - Onboard EV Charger, AC DC Modules, Control Card, & Charging Cables (CCS2 & Type 2)
5. Battery Energy Storage Systems (BESS) - Servotech BESS
6. Servo Stabilizers - Air-Cooled Servo Stabilizers, & Oil-Cooled Servo Stabilizers [1]

  • Market Cap 2,070 Cr.
  • Current Price 91.7
  • High / Low 190 / 91.3
  • Stock P/E 76.2
  • Book Value 10.7
  • Dividend Yield 0.05 %
  • ROCE 20.8 %
  • ROE 19.0 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 108% CAGR over last 5 years
  • Company's median sales growth is 40.4% of last 10 years

Cons

  • Stock is trading at 8.55 times its book value
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -10.4%
  • Working capital days have increased from 52.0 days to 74.7 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
39.13 82.49 96.16 68.14 67.12 49.65 120.79 97.51 182.34 181.32 126.13 123.44 102.00
37.78 76.81 87.75 61.42 61.97 46.65 115.43 89.06 163.43 164.87 113.11 110.90 93.19
Operating Profit 1.35 5.68 8.41 6.72 5.15 3.00 5.36 8.45 18.91 16.45 13.02 12.54 8.81
OPM % 3.45% 6.89% 8.75% 9.86% 7.67% 6.04% 4.44% 8.67% 10.37% 9.07% 10.32% 10.16% 8.64%
1.11 0.05 0.26 0.25 0.66 0.19 0.41 0.25 0.41 0.53 0.61 1.69 0.93
Interest 0.63 0.55 0.72 0.93 1.07 0.61 0.61 1.43 2.48 2.38 1.41 2.05 2.60
Depreciation 0.73 0.38 0.55 0.65 0.72 0.75 0.86 0.96 1.47 1.50 1.71 2.14 4.04
Profit before tax 1.10 4.80 7.40 5.39 4.02 1.83 4.30 6.31 15.37 13.10 10.51 10.04 3.10
Tax % 25.45% 25.21% 21.49% 25.05% 25.12% 40.44% 25.81% 24.72% 26.02% 27.40% 25.31% 24.80% 26.77%
0.82 3.59 5.81 4.03 3.01 1.09 3.20 4.74 11.38 9.50 7.85 7.55 2.27
EPS in Rs 0.04 0.17 0.27 0.19 0.14 0.05 0.15 0.21 0.51 0.43 0.35 0.33 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
34 32 51 81 114 88 86 86 134 249 305 587 533
31 29 47 73 106 82 81 82 125 231 285 530 482
Operating Profit 2 3 4 8 7 7 4 5 9 18 20 57 51
OPM % 7% 9% 8% 10% 7% 8% 5% 6% 6% 7% 7% 10% 10%
0 0 0 2 1 1 0 1 1 0 2 2 4
Interest 2 2 3 2 2 2 3 3 2 2 3 8 8
Depreciation 0 1 1 1 1 1 1 1 2 2 3 6 9
Profit before tax 1 1 1 8 6 4 1 1 5 14 16 45 37
Tax % 62% 46% 53% 34% 28% 28% 28% 20% 28% 23% 27% 26%
0 0 1 5 4 3 1 1 4 11 11 33 27
EPS in Rs 0.12 0.20 0.24 1.96 0.22 0.16 0.04 0.05 0.20 0.50 0.52 1.49 1.21
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 10% 24% 10% 3%
Compounded Sales Growth
10 Years: 34%
5 Years: 47%
3 Years: 64%
TTM: 18%
Compounded Profit Growth
10 Years: 55%
5 Years: 108%
3 Years: 108%
TTM: 33%
Stock Price CAGR
10 Years: %
5 Years: 111%
3 Years: 83%
1 Year: -48%
Return on Equity
10 Years: 14%
5 Years: 14%
3 Years: 16%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 2 2 3 3 18 18 18 18 19 21 22 22 23
Reserves 2 3 4 11 15 18 19 21 27 60 107 202 219
12 17 21 21 17 16 19 25 19 42 81 75 152
5 11 17 26 34 24 24 34 22 30 49 85 69
Total Liabilities 20 32 44 60 84 76 79 98 87 153 258 384 463
4 4 7 7 9 8 8 11 12 21 32 67 119
CWIP 0 0 0 0 0 0 0 0 0 0 14 3 5
Investments 0 0 0 0 0 0 0 0 0 0 1 2 8
17 28 37 54 75 67 71 88 75 132 211 313 331
Total Assets 20 32 44 60 84 76 79 98 87 153 258 384 463

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-1 -2 2 9 -6 1 3 1 13 -27 -1 -51
-2 -0 -3 -7 -4 -0 -2 0 -8 -11 -24 -16
2 3 1 0 12 -4 -1 -1 -1 45 70 39
Net Cash Flow -0 1 -0 2 2 -3 0 0 4 7 45 -28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 79 202 131 124 140 165 184 171 74 115 96 87
Inventory Days 100 136 137 78 55 63 48 75 38 26 49 48
Days Payable 52 151 134 106 98 92 91 53 30 29 42 36
Cash Conversion Cycle 126 187 134 96 96 136 142 192 83 112 103 99
Working Capital Days 116 182 48 26 70 107 97 109 41 51 31 75
ROCE % 16% 15% 16% 31% 18% 13% 7% 7% 12% 17% 11% 21%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
60.59% 60.60% 60.60% 60.60% 60.60% 61.35% 59.70% 59.34% 59.19% 58.97% 58.65% 58.65%
9.42% 9.40% 9.42% 8.86% 4.82% 2.45% 5.53% 5.95% 2.77% 2.89% 2.99% 1.78%
29.99% 29.99% 29.97% 30.53% 34.58% 36.19% 34.77% 34.71% 38.04% 38.14% 38.35% 39.56%
No. of Shareholders 4,2668,18318,89134,33255,5151,49,1291,50,5911,83,7971,99,0972,03,2632,06,4042,05,854

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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