Servotech Renewable Power System Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2025, recommended Final Dividend of 0.05 per equity share.
SERVOTECH · price
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Servotech's board, meeting on May 6, 2025, approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025, with statutory auditor M/s Rohit KC Jain & Co giving an unmodified opinion. Consolidated FY25 revenue from operations jumped 91% year-on-year to Rs 67,443.62 lakhs, while profit after tax surged 177% to Rs 3,263.70 lakhs and basic EPS rose to Rs 1.48 from Rs 0.54. Standalone revenue grew 92% to Rs 58,730.41 lakhs with PAT nearly tripling to Rs 3,346.72 lakhs. The board recommended a modest final dividend of Rs 0.05 per share (5% on Rs 1 face value) subject to AGM approval. Additionally, R&D Company Secretaries was appointed as Secretarial Auditor for 5 years, N N Sharma & Associates re-appointed as Cost Auditor, and Mr. Girish Kumar Ahuja inducted as an Additional Independent Director.
Strong double-digit revenue and profit growth signals healthy business momentum and is positive for shareholder sentiment, though the small dividend payout offers limited yield. The negative operating cash flow on a standalone basis (-Rs 5,099 lakhs in FY25) is a watchpoint despite robust reported profits, indicating high working capital needs.