MarketFriction

Servotech Renewable Power System Ltd

NSE SERVOTECH · Other Electrical Equipment
₹69.20 -1.49%
NSE close2026-10-01
52 week range57.51 - 141.50
Market cap₹1,611 Cr.
P/E43.0
Price band 20% Delivery 37.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales85.9352.01136.17112.19199.67216.30146.28136.74106.49211.07217.33215.79
Expenses80.6248.98130.60103.90180.77200.10134.08126.33100.21183.07194.80195.35
Operating Profit5.313.035.578.2918.9016.2012.2010.416.2828.0022.5320.44
OPM %6.18%5.83%4.09%7.39%9.47%7.49%8.34%7.61%5.90%13.27%10.37%9.47%
Other Income0.660.190.480.250.400.531.180.421.160.471.670.51
Interest1.070.610.551.432.482.380.982.052.603.384.104.79
Depreciation0.730.750.860.961.491.521.902.214.324.817.065.54
Profit before tax4.171.864.646.1515.3312.8310.506.570.5220.2813.0410.62
Tax %25.18%39.78%25.65%26.99%26.68%28.29%26.57%30.75%25.00%24.21%19.56%25.14%
Net Profit3.131.113.464.4911.259.197.724.550.3915.5111.218.06
EPS in Rs0.150.050.160.200.510.410.350.230.060.650.540.41
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales87144278353674672751
Expenses82135260332619604673
Operating Profit591921566777
OPM %6%6%7%6%8%10%10%
Other Income1112244
Interest323371215
Depreciation122361822
Profit before tax161416454044
Tax %20%27%23%27%27%24%
Net Profit141112333235
EPS in Rs0.050.220.520.541.461.491.66
Dividend Payout %0%9%23%9%3%1%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%50%34%7%
Compounded Profit Growth%99%45%12%
Stock Price CAGR%96%-3%-42%
Return on Equity%14%14%13%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital181921222223
Reserves212861120214265
Borrowings2519427378211
Other Liabilities3424426287186
Total Liabilities9889167277402685
Fixed Assets1112223269156
CWIP0011531
Investments0000013
Other Assets8878144230330516
Total Assets9889167277402685
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity38-241-55-2
Cash from Investing Activity-2-2-13-26-16-114
Cash from Financing Activity-1-1457548144
Net Cash Flow05850-2428
Free Cash Flow25-37-25-73-105
CFO/OP63%83%-129%4%-100%-3%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days212701128979119
Inventory Days754033484643
Days Payable11533374835101
Cash Conversion Cycle17277108898961
Working Capital Days983948356643
ROCE %12%18%11%20%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.60%60.60%61.35%59.70%59.34%59.19%58.97%58.65%58.65%58.61%58.61%58.61%
FIIs8.86%4.82%2.45%5.53%5.95%2.77%2.89%2.99%1.78%0.73%0.14%0.05%
Public30.53%34.58%36.19%34.77%34.71%38.04%38.14%38.35%39.56%40.66%41.25%41.34%
No. of Shareholders34,33255,5151,49,1291,50,5911,83,7971,99,0972,03,2632,06,4042,05,8542,01,5671,98,8241,95,902

Fundamentals

Market Cap₹ 1,611 Cr.
Current Price₹ 71.3
Stock P/E43.0
Book Value₹ 12.8
ROCE12.8 %
ROE12.8 %
Dividend Yield0.03 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)12%
Consolidated figures.
Valuation
Market capRs 1,563 Cr
Enterprise valueRs 1,574 Cr
P/E (TTM)41.72x
Price to book33.77x
Price to sales2.08x
EV / EBITDA19.42x
EV / EBIT26.53x
EV / sales2.10x
Price to cash flow208.10x
Earnings yield2.40%
Dividend yield0.02%
Profitability
Operating margin (excl. other income)6.33%
Operating margin (incl. other income)6.70%
EBITDA margin10.80%
Pre-tax margin5.92%
Net profit margin4.99%
Net margin, latest quarter4.24%
ROE9.43%
ROCE12.37%
ROA4.30%
ROIC (approx.)74.90%
Tax rate27.37%
Other income / net worth1.15%
Growth
Sales growth (latest year)65.15%
Profit growth (latest year)339.13%
Sales growth QoQ-0.71%
Profit growth QoQ-25.49%
Sales growth YoY (latest quarter)57.81%
Profit growth YoY (latest quarter)74.62%
Per share
EPS (TTM)Rs 1.66
EPS (latest year)Rs 2.16
EPS (latest quarter)Rs 0.41
Book value per shareRs 2.05
Sales per shareRs 33.24
Cash flow per shareRs 0.33
Free cash flow per shareRs -4.65
Dividend per share (latest year)Rs 0.20
Dividends
Dividend payout9.16%
Efficiency
Asset turnover1.61x
Fixed asset turnover12.17x
Inventory turnover9.12x
Inventory days40 days
Debtor days70 days
Debtors turnover5.19x
Creditor days101 days
Cash conversion cycle61 days
Working capital days43 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 8 Cr
Net debtRs 11 Cr
Debt to equity0.42x
Net debt / EBITDA0.14x
Interest coverage3.99x
Current ratio (filing 2026-03-31)1.46x
Quick ratio (filing 2026-03-31)1.28x
Trade payables (filing 2026-03-31)Rs 142 Cr
Owners' fund to total sources51.76%
Debt to assets21.49%
Cash flow
Cash from Operating Activity (latest year)Rs 8 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs -105 Cr
FCFE (approx.: FCF + change in debt)Rs -111 Cr
Cash from ops / profit, 5 years-0.78x
Sales to cash flow19.13x
Statement figures
Net sales (TTM)Rs 751 Cr
Net sales (latest year)Rs 144 Cr
Sales (latest quarter)Rs 216 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 20 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 81 Cr
PBDT (TTM)Rs 66 Cr
Profit before tax (TTM)Rs 44 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 37 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 15 Cr
Cost of goods sold (latest year)Rs 126 Cr
Total expenditure (latest year)Rs 135 Cr
Total income (latest year)Rs 144 Cr
Share capitalRs 19 Cr
ReservesRs 28 Cr
Shareholders' fundsRs 46 Cr
Total assetsRs 89 Cr
Net blockRs 12 Cr
ReceivablesRs 28 Cr
InventoryRs 14 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)22.58
Ownership
Promoter holding58.61% (-0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodSERVOTECHNifty 50Difference
1 week-1.6%-2.8% +1.2 pts
1 month-11.9%-6.8% -5.1 pts
3 months-31.7%-7.6% -24.1 pts
6 months+11.1%+0.4% +10.7 pts
1 year-45.3%-9.9% -35.4 pts
2 years-62.2%-13.6% -48.6 pts
3 years-11.6%+14.2% -25.8 pts
5 years+2679.1%+27.9% +2651.2 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹216 Cr +57.8% vs Jun 2025. Net profit ₹8 Cr +77.1%.
Against our estimate for Jun 2026: sales +28.2%, profit +12.9% in line. Our estimate for Sep 2026: sales Rs 163 Cr, profit Rs 7 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-18Dividend - Re 0.02 Per Share
2025-09-23Dividend - Re 0.05 Per Share
2024-09-20Annual General Meeting/Dividend - Re 0.05 Per Share
2023-09-22Annual General Meeting/Dividend - Rs 0.20 Per Share
2023-07-28Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share0.5000
2023-06-16Extra Ordinary General Meeting
2023-02-03Interim Dividend - Re 0.20 Per Share
2023-02-03Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2022-09-23Annual General Meeting
2022-02-24Extra Ordinary General Meeting
2021-11-25 Interim Dividend - Rs 0.20 Per Share
DateTypeWhat it says
2026-09-30Credit RatingCredit Rating
2026-09-28Press ReleaseA press release dated September 28, 2026, titled "Servotech Marks the Beginning of a New Era at Navaarambh 2026 , Celebrates Channel Partnership and ...
2026-09-28Product launchProduct launch
2026-09-26Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-27Record DateRecord date for the purpose of Dividend is 18-Sep-2026.
2026-08-27AppointmentRe-Appointment of Mr. Raman Bhatia as Managing Director of the company w.e.f. June 01, 2027,subject to shareholders approval.
2026-08-27Board meeting outcomeOutcome of Board Meeting held on August 27, 2026.
2026-08-21ResignationResignation of Mr Abhishek Khandelwal as Internal Auditor of the company w.e.f. August 21, 2026.
2026-07-28Concall / analyst meetTranscript
2026-07-23Frauds/Default by employeesFrauds/Default by employees
2026-07-22Concall / analyst meetLink of Recording
2026-07-21Investor PresentationInvestor Presentation
2026-07-21Press ReleaseA press release dated July 21, 2026, titled "Announcement of Un-audited Standalone and Consolidated Financial Results for First Quarter (Q1) ended 30t...
2026-07-21ResignationResignation of Director/KMP/SMP
2026-07-21ResignationResignation of Mr Digvijay Kapoor as Executive Director of the company w.e.f. July 23, 2026.
2026-07-21AppointmentAppointment of Mr Mr. Mrityunjay Kumar Jha as Executive Director of the company w.e.f. July 24, 2026.
2026-07-21Board meeting outcomeServotech Renewable Power System Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-16Press ReleaseA press release dated July 16, 2026, titled "Servotech Renewable Secures 900 kW Hybrid Solar Rooftop with BESS Project from UPSRLM, Rural Development ...
2026-07-16Order winBagging/Receiving of orders/contracts
2026-07-15Concall / analyst meetEarning conference call.
2026-06-29Disclosure under SEBI TakeovServotech Renewable Power System Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Boar...
2026-06-25Press ReleaseA press release dated Jun 25, 2026, titled "Servotech Secures BEE 5-star Rating for 60 kW & 120 kW DC EV Chargers.".
2026-06-10ForfeitureIntimation of Lapse and Cancellation of Warrants & forfeiture of Upfront Amount
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-16NCLTTudor India Pvt Ltd. Vs Servotech Power Systems Ltd.
2021-07-12NCLTTudor India Pvt Ltd. Vs Servotech Power Systems Ltd.
2021-07-02NCLTTudor India Pvt Ltd. Vs Servotech Power Systems Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Servotech Renewable Power System Ltd?

Servotech Renewable Power System Ltd (SERVOTECH) has a market capitalisation of Rs 1,611 Cr. at the 2026-10-01 close.

What is the P/E ratio of Servotech Renewable Power System Ltd?

Servotech Renewable Power System Ltd trades at a P/E of 43.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Servotech Renewable Power System Ltd's latest quarterly results?

In the Jun 2026 quarter, Servotech Renewable Power System Ltd sales was Rs 216 Cr (+57.8% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of Servotech Renewable Power System Ltd?

The 52-week high is Rs 141.50 and the 52-week low is Rs 57.51.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03