Servotech Power Systems Ltd

Servotech Power Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Servotech Power Systems Ltd

₹ 86.4 -2.10%
19 Apr 11:34 a.m.
servotech.in NSE : SERVOTECH
About

Incorporated in 2004, Servotech Power System Ltd manufactures LED lights and Solar power products[1]

Key Points

Business Overview:[1]
SPSL is in the business of high-end solar products and EV chargers. It develops ultra
-fast DC chargers and Home AC chargers,
and has installed over 2400 EV chargers in collaboration with oil marketing companies

Website NSE
  • Market Cap ₹ 1,838 Cr.
  • Current Price ₹ 86.4
  • High / Low ₹ 109 / 25.8
  • Stock P/E 132
  • Book Value ₹ 4.15
  • Dividend Yield 0.05 %
  • ROCE 17.7 %
  • ROE 16.8 %
  • Face Value ₹ 1.00
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.8% CAGR over last 5 years
  • Promoter holding has increased by 0.77% over last quarter.
  • Company's median sales growth is 29.9% of last 10 years

Cons

  • Stock is trading at 20.9 times its book value
  • Company has a low return on equity of 10.7% over last 3 years.
  • Promoter holding has decreased over last 3 years: -8.84%

* 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.

Peer comparison

Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
24.85 45.57 19.92 30.59 38.23 44.96 30.33 39.13 82.49 96.16 68.14 67.12 49.65
23.46 42.02 17.76 28.82 36.18 42.37 28.99 37.78 76.81 87.75 61.42 61.97 46.65
Operating Profit 1.39 3.55 2.16 1.77 2.05 2.59 1.34 1.35 5.68 8.41 6.72 5.15 3.00
OPM % 5.59% 7.79% 10.84% 5.79% 5.36% 5.76% 4.42% 3.45% 6.89% 8.75% 9.86% 7.67% 6.04%
0.19 -0.06 0.15 0.37 -0.00 -0.01 0.03 1.11 0.05 0.26 0.25 0.66 0.19
Interest 0.19 1.11 0.72 0.73 0.47 0.53 0.48 0.63 0.55 0.72 0.93 1.07 0.61
Depreciation 0.42 0.36 0.35 0.35 0.36 0.51 0.42 0.73 0.38 0.55 0.65 0.72 0.75
Profit before tax 0.97 2.02 1.24 1.06 1.22 1.54 0.47 1.10 4.80 7.40 5.39 4.02 1.83
Tax % 12.37% 14.85% 33.87% 26.42% 26.23% 24.68% 25.53% 25.45% 25.21% 21.49% 25.05% 25.12% 40.44%
0.86 1.72 0.82 0.78 0.90 1.16 0.35 0.82 3.59 5.81 4.03 3.01 1.09
EPS in Rs 0.05 0.09 0.04 0.04 0.05 0.06 0.02 0.04 0.17 0.27 0.19 0.14 0.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
21 26 34 32 51 81 114 88 86 86 134 249 281
20 25 31 29 47 73 106 82 81 82 125 231 258
Operating Profit 1 1 2 3 4 8 7 7 4 5 9 18 23
OPM % 5% 6% 7% 9% 8% 10% 7% 8% 5% 6% 6% 7% 8%
0 0 0 0 0 2 1 1 0 1 1 1 1
Interest 1 1 2 2 3 2 2 2 3 3 2 3 3
Depreciation 0 0 0 1 1 1 1 1 1 1 2 2 3
Profit before tax 1 1 1 1 1 8 6 4 1 1 5 14 19
Tax % -30% 41% 62% 46% 53% 34% 28% 28% 28% 20% 28% 23%
1 0 0 0 1 5 4 3 1 1 4 11 14
EPS in Rs 1.04 0.42 0.12 0.20 0.24 1.96 0.22 0.16 0.04 0.05 0.20 0.50 0.65
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% 10% 24%
Compounded Sales Growth
10 Years: 25%
5 Years: 17%
3 Years: 43%
TTM: 43%
Compounded Profit Growth
10 Years: 41%
5 Years: 22%
3 Years: 130%
TTM: 134%
Stock Price CAGR
10 Years: %
5 Years: 119%
3 Years: 258%
1 Year: 223%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 11%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 2 2 3 3 18 18 18 18 19 21 21
Reserves 2 3 2 3 4 11 15 18 19 21 27 59 67
1 9 12 17 21 21 17 16 19 25 19 42 47
8 3 5 11 17 26 34 24 24 34 22 31 24
Total Liabilities 12 16 20 32 44 60 84 76 79 98 87 153 159
1 1 4 4 7 7 9 8 8 11 12 21 21
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0 -0
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0 0 0
11 14 17 28 37 54 75 67 71 88 75 132 138
Total Assets 12 16 20 32 44 60 84 76 79 98 87 153 159

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -1 -1 -2 2 9 -6 1 3 1 13 -27
-0 -0 -2 -0 -3 -7 -4 -0 -2 0 -8 -12
-0 1 2 3 1 0 12 -4 -1 -1 -1 45
Net Cash Flow -0 0 -0 1 -0 2 2 -3 0 0 4 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 63 105 79 202 131 124 140 165 184 171 74 115
Inventory Days 111 82 100 136 137 78 55 63 48 75 38 26
Days Payable 172 53 52 151 134 106 98 92 91 53 30 29
Cash Conversion Cycle 2 134 126 187 134 96 96 136 142 192 83 112
Working Capital Days 36 138 116 182 121 78 92 145 157 186 76 101
ROCE % 26% 18% 16% 15% 16% 31% 18% 13% 7% 7% 12% 18%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.23% 70.26% 70.46% 69.12% 69.12% 69.03% 60.59% 60.60% 60.60% 60.60% 60.60% 61.35%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.42% 9.40% 9.42% 8.86% 4.82% 2.45%
29.76% 29.73% 29.54% 30.88% 30.88% 30.97% 29.99% 29.99% 29.97% 30.53% 34.58% 36.19%
No. of Shareholders 3016802,9062,9453,1793,2994,2668,18318,89134,33255,5151,49,129

* 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.

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