Servotech Renewable Power System Ltd

AI

Servotech Renewable Power System Ltd

₹ 71.9 3.95%
05 Oct - 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[1]
The company offers end-to-end clean energy solutions across solar power, battery energy storage systems (BESS), EV charging, and servo stabilizers. Its solar portfolio includes hybrid, on-grid, and off-grid inverters, as well as solar panels for residential, commercial, and industrial applications. Its BESS solutions support renewable energy integration, grid stability, and backup power, while its EV charging portfolio includes AC and DC chargers for electric mobility. It also provides servo stabilizers for voltage regulation and power protection across industrial, commercial, and critical infrastructure applications.

  • Market Cap ₹ 1,625 Cr.
  • Current Price ₹ 71.9
  • High / Low ₹ 142 / 57.5
  • Stock P/E 43.4
  • Book Value ₹ 12.8
  • Dividend Yield 0.03 %
  • ROCE 12.8 %
  • ROE 12.8 %
  • Face Value ₹ 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 98.5% CAGR over last 5 years

Cons

  • Stock is trading at 5.64 times its book value
  • Company has a low return on equity of 13.8% over last 3 years.
  • Debtor days have increased from 95.8 to 119 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
79.57 85.93 52.01 136.17 112.19 199.67 216.30 146.28 136.74 106.49 211.07 217.33 215.79
72.69 80.62 48.98 130.60 103.90 180.77 200.10 134.08 126.33 100.21 183.07 194.80 195.35
Operating Profit 6.88 5.31 3.03 5.57 8.29 18.90 16.20 12.20 10.41 6.28 28.00 22.53 20.44
OPM % 8.65% 6.18% 5.83% 4.09% 7.39% 9.47% 7.49% 8.34% 7.61% 5.90% 13.27% 10.37% 9.47%
0.25 0.66 0.19 0.48 0.25 0.40 0.53 1.18 0.42 1.16 0.47 1.67 0.51
Interest 0.93 1.07 0.61 0.55 1.43 2.48 2.38 0.98 2.05 2.60 3.38 4.10 4.79
Depreciation 0.71 0.73 0.75 0.86 0.96 1.49 1.52 1.90 2.21 4.32 4.81 7.06 5.54
Profit before tax 5.49 4.17 1.86 4.64 6.15 15.33 12.83 10.50 6.57 0.52 20.28 13.04 10.62
Tax % 25.14% 25.18% 39.78% 25.65% 26.99% 26.68% 28.29% 26.57% 30.75% 25.00% 24.21% 19.56% 25.14%
4.10 3.13 1.11 3.46 4.49 11.25 9.19 7.72 4.55 0.39 15.51 11.21 8.06
EPS in Rs 0.19 0.15 0.05 0.16 0.20 0.51 0.41 0.35 0.23 0.06 0.65 0.54 0.41
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
87 144 278 353 674 672 751
82 135 260 332 619 604 673
Operating Profit 5 9 19 21 56 67 77
OPM % 6% 6% 7% 6% 8% 10% 10%
1 1 1 2 2 4 4
Interest 3 2 3 3 7 12 15
Depreciation 1 2 2 3 6 18 22
Profit before tax 1 6 14 16 45 40 44
Tax % 20% 27% 23% 27% 27% 24%
1 4 11 12 33 32 35
EPS in Rs 0.05 0.22 0.52 0.54 1.46 1.49 1.66
Dividend Payout % 0% 9% 23% 9% 3% 1%
Compounded Sales Growth
10 Years: %
5 Years: 50%
3 Years: 34%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: 99%
3 Years: 45%
TTM: 12%
Stock Price CAGR
10 Years: %
5 Years: 98%
3 Years: -1%
1 Year: -45%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 14%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 18 19 21 22 22 23
Reserves 21 28 61 120 214 265
25 19 42 73 78 211
34 24 42 62 87 186
Total Liabilities 98 89 167 277 402 685
11 12 22 32 69 156
CWIP 0 0 1 15 3 1
Investments 0 0 0 0 0 13
88 78 144 230 330 516
Total Assets 98 89 167 277 402 685

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3 8 -24 1 -55 -2
-2 -2 -13 -26 -16 -114
-1 -1 45 75 48 144
Net Cash Flow 0 5 8 50 -24 28
Free Cash Flow 2 5 -37 -25 -73 -105
CFO/OP 63% 83% -129% 4% -100% -3%

Ratios

Consolidated / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 212 70 112 89 79 119
Inventory Days 75 40 33 48 46 43
Days Payable 115 33 37 48 35 101
Cash Conversion Cycle 172 77 108 89 89 61
Working Capital Days 98 39 48 35 66 43
ROCE % 12% 18% 11% 20% 13%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Annual EV Charger Manufacturing Capacity
chargers per year ・Standalone data

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Number of Distributors
distributors ・Standalone data
Number of Retailers
retailers ・Standalone data
Cumulative EV Chargers Deployed
chargers ・Standalone data
Retail Channel Revenue
Rs crores per month ・Standalone data
PSU/OMC Order Share
% of orders ・Standalone data
Revenue Mix - EV Charger DC
% of revenue ・Standalone data
Revenue Mix - Solar
% of revenue ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
60.60% 60.60% 61.35% 59.70% 59.34% 59.19% 58.97% 58.65% 58.65% 58.61% 58.61% 58.61%
8.86% 4.82% 2.45% 5.53% 5.95% 2.77% 2.89% 2.99% 1.78% 0.73% 0.14% 0.05%
30.53% 34.58% 36.19% 34.77% 34.71% 38.04% 38.14% 38.35% 39.56% 40.66% 41.25% 41.34%
No. of Shareholders 34,33255,5151,49,1291,50,5911,83,7971,99,0972,03,2632,06,4042,05,8542,01,5671,98,8241,95,902

* 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

Annual reports

Concalls