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Companies›Industrials›Capital Goods›Electrical Equipment
NSE:SERVOTECH

SERVOTECH REN POW SYS LTD

Capital Goods › Electrical Equipment
₹65.11
at close · 28 Oct 2026
▲ 0.11 (+0.17%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Fraud update: two employees arrested, around 2-2.5 crore involved · Regulatory & Legal
  2. RTA confirms SEBI Regulation 74(5) non-applicability for Q2 FY27 · Compliance
  3. Credit rating outlook revised to Positive, loan facility enhanced to Rs 451.84 Cr · Credit & Debt
All filings ↓
Ask Nexa about SERVOTECH REN POW SYS LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures clean energy equipment including rooftop solar systems, battery energy storage systems (BESS), and DC fast EV chargers, and runs a Sports & Entertainment subsidiary that is currently loss-making. FY26 revenue stood at ₹671.64 crore at an EBITDA margin of 10.5631%; Q1 FY27 standalone revenue reached ₹208.10 crore, up 66.31% year-on-year. Materials at 74.5% of revenue are the dominant input cost, with capex at 15.4% of revenue. Manufacturing capacity is being scaled via a ₹400 crore MoU with the Haryana government, with BESS production targeted to expand 2x in roughly six months, 3x by March 2027, and 10x over two years. Distribution covers 800+ distributors and 6,000+ retailers across 370+ towns, and channel partner penetration is being expanded across South, North, and North-East India. An internal fraud involving two employees and an external party is under police investigation, with estimated financial impact of ₹2-2.5 crore.

Operating scale
South Central Railway rooftop solar order
1,415 kW across multiple sites, Vijayawada Division, 6-month executionQ1 FY27
UP Rural Development BESS order
900 kW hybrid solar-BESS across 12 locations of 75 kW each, 6-month executionQ1 FY27
DC EV charger certifications
BEE 5-star rating at 97% weighted average energy efficiency for 60 kW and 120 kW; 240 kW in processQ1 FY27
Capacity utilisation
50-60% on average; several lines running fullQ1 FY27
FY26 capex on new manufacturing
₹64 crore for solar inverters, BESS, lithium-ion batteriesFY26
Channel partner footprint
Distribution build-out across South, North and North-East IndiaQ1 FY27
Who pays it
Government departments (Indian Railways, UP Rural Development), distribution partners and retailers, EV fleet operators, and residential rooftop solar customers served through the PM Surya Ghar Yojana scheme
Biggest cost
Materials at 74.5% of revenue
Kind of business
Manufacturing and EPC of solar, BESS and EV charging equipment, with an expanding distribution network and a non-core loss-making subsidiary
Where it sits
Indian electrical equipment maker in the Capital Goods sector manufacturing solar, BESS and EV charging products, scaling capacity under central and state clean energy schemes
Market Cap
₹1,470 Cr
P / E (TTM)
39.2×
EV / EBITDA
20.7×
Div Yield
0.08%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
14.5%▲
ROCE (FY26)
ROE 10.7% · margin 10.6%
Leverage
0.71·
Debt / Equity · moderate
Net debt ₹207 Cr
Revenue FY22→FY26
4.7×▲
Margin +1.9 pts
₹144 Cr → ₹672 Cr
Cash conversion
-0.80×▼
Operating cash ÷ profit · 5 yrs
₹-73 Cr on ₹91 Cr
Moves on a normal day
1.45%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 56 Other Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#36/52
P/B#35/49
ROCE#31/55
ROE#30/50
Debt / Equity#35/50
EBITDA margin#35/51
Revenue growth#10/46
Profit growth#17/45

Scorecard

Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Over 5 years it reported ₹91 Cr of profit and an operating cash outflow of ₹73 Cr — -0.80×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

SERVOTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SERVOTECH REN POW SYS LTD's filed financials and exchange disclosures

What does SERVOTECH REN POW SYS LTD do?

SERVOTECH REN POW SYS LTD is a Electrical Equipment company listed on NSE, trading under the symbol SERVOTECH.

Is SERVOTECH REN POW SYS LTD profitable?

Yes. Over the trailing twelve months SERVOTECH REN POW SYS LTD reported a net profit of ₹35 Cr on revenue of ₹751 Cr.

Does SERVOTECH REN POW SYS LTD pay a dividend?

Yes. The dividend yield is 0.08% at the current price. It paid out 4% of its profit as dividend in FY26.

Is SERVOTECH REN POW SYS LTD debt-free?

No. It reported borrowings of ₹209 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹207 Cr after cash. Debt stands at 0.71× equity. That is higher than 69% of its 50 Other Electrical Equipment peers.

Is SERVOTECH REN POW SYS LTD expensive compared with its peers?

On trailing P/E, SERVOTECH REN POW SYS LTD ranks 36 of 52 in Other Electrical Equipment — cheaper than 31% of them, against an industry median of 22.4×. This is a position, not a valuation judgement.

How much does the SERVOTECH REN POW SYS LTD share price move in a day?

On a typical session SERVOTECH REN POW SYS LTD moves 1.45% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are SERVOTECH REN POW SYS LTD's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SERVOTECH REN POW SYS LTD's announcements?

Every NSE and BSE filing by SERVOTECH REN POW SYS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.