SERVOTECH
Servotech Renewable Power System Limited
NSELast Traded Price
₹80.8
-0.32 (-0.39%)
Open
₹81.15
High
₹81.69
Low
₹80.48
Prev Close
₹81.12
Industry
Other Electrical Equipment
Market Cap
1824.83 Cr
Filing History
Recent corporate announcements and filings for SERVOTECH
Routine
Neutral
2026-08-27 17:21
New Filing detected. See link for details.
Routine
Neutral
2026-08-27 17:03
New Filing detected. See link for details.
Governance
Positive
2026-08-27 16:45
- The Board approved the convening of the 22nd Annual General Meeting (AGM) on September 25, 2026.
- Fixed September 18, 2026, as the Record Date for the final dividend for FY 2025-26.
- Re-appointed Mr. Raman Bhatia as Managing Director for a further period of 5 years, effective June 1, 2027, subject to shareholder approval.
- Approved enhancement of borrowing limit and creation of mortgage/charge up to ₹800 Cr, subject to shareholder approval.
- Approved material related party transactions with Rhine Solar Limited, subject to shareholder approval.
Governance
Negative
2026-08-21 17:52
CRITICAL RED FLAG DETECTED
- Mr. Abhishek Khandelwal, Internal Auditor of Servotech Renewable Power System Limited, resigned from his position effective August 21, 2026, citing personal reasons.
Business Update
Positive
2026-07-28 16:33
- For Q1 FY27 (Consolidated Year-on-Year):
- Total Revenue ₹216.29 Cr vs ₹137.17 Cr (▲57.69% YoY)
- EBITDA ₹20.94 Cr vs ₹10.83 Cr (▲93.35% YoY)
- PAT ₹7.95 Cr vs ₹4.55 Cr (▲74.51% YoY)
- Secured major orders including a rooftop solar project from South Central Railway and a 900 kW BESS order from UP.
- Signed an MoU with the Haryana government to expand manufacturing capacity, with construction for a new battery pack plant underway.
- Plans to double battery production capacity in the next 6 months, reach 3x by March 2027, and 10x in the next 2 years.
- Management anticipates continued strong growth for FY27, noting that H2 is historically stronger than H1.
- Debt is expected to increase with growth but will be managed to maintain a balanced debt-equity ratio.
- The subsidiary, Servotech Sports & Entertainment, is not currently profitable but is expected to be profitable in the long term.
Governance
Negative
2026-07-23 20:11
CRITICAL RED FLAG DETECTED
- Servotech Renewable Power System Ltd detected an internal fraud involving two employees and an external party.
- The fraud involved forgery of tax invoices and unauthorized removal of physical inventory, with an estimated impact of ₹2-2.5 crores.
- An FIR (No- 429/2026) has been registered, and a professional forensic auditor will be appointed.
Business Update
Neutral
2026-07-22 16:46
- Audio recording of the Earning Conference Call on Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, has been uploaded to the company's website.
Financials
Positive
2026-07-21 20:09
- Consolidated Revenue ₹21,629.41 lakh vs ₹13,716.54 lakh (▲57.69% YoY)
- EBITDA ₹2,094.33 lakh vs ₹1,083.18 lakh (▲93.35% YoY)
- PAT ₹794.11 lakh vs ₹455.05 lakh (▲74.51% YoY)
- EBITDA Margin 9.68% vs 7.90% (▲178bps)
Financials
Positive
2026-07-21 19:03
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹215.79 Cr vs ₹136.74 Cr (▲57.81% YoY)
- EBITDA ₹20.44 Cr vs ₹10.41 Cr (▲96.36% YoY)
- PAT ₹9.15 Cr vs ₹5.24 Cr (▲74.65% YoY)
- EBITDA Margin 9.47% vs 7.61% (▲186bps)
- Mr. Digvijay Kapoor resigned as Executive Director (Human Resources) due to personal reasons.
- Mr. Mrityunjay Jha appointed as Additional Director (Executive Director - Administration).
Financials
Positive
2026-07-21 18:59
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹21,578.85 Lacs vs ₹13,674.23 Lacs (▲57.81% YoY)
- EBITDA ₹2,043.77 Lacs vs ₹1,040.87 Lacs (▲96.36% YoY)
- PAT ₹794.10 Lacs vs ₹455.05 Lacs (▲74.51% YoY)
- EBITDA Margin 9.47% vs 7.61% (▲186bps YoY)
- Mr. Digvijay Kapoor resigned as Executive Director (Human Resources) due to personal reasons.
- Mr. Mrityunjay Jha appointed as Additional Director (Executive Director - Administration).
Financials
Positive
2026-07-21 18:53
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹215.79Cr vs ₹136.74Cr (▲57.81% YoY)
- EBITDA ₹20.44Cr vs ₹10.41Cr (▲96.35% YoY)
- PAT ₹7.94Cr vs ₹4.55Cr (▲74.51% YoY)
- EBITDA Margin 9.47% vs 7.61% (▲186bps)
- Mr. Digvijay Kapoor resigned as Executive Director (Human Resources) due to personal reasons, effective July 23, 2026.
- Mr. Mrityunjay Jha was appointed as an Additional Director, designated as Executive Director (Administration), effective July 24, 2026.
Business Update
Positive
2026-07-16 19:18
- Order Win: Servotech Renewable Power System Ltd. secured an order from UPSRLM, Rural Development Department, Govt. of UP.
- Project Details: Installation of 900 kW Hybrid Solar Rooftop System with Battery Energy Storage System (BESS) across 12 locations (75 kW each) in Uttar Pradesh.
- Scope: Includes design, supply, installation, commissioning, and maintenance of the hybrid solar systems.
Business Update
Positive
2026-07-16 19:05
- Order Win: Servotech Renewable Power System Limited secured an order from UPSRLM, Rural Development Department Uttar Pradesh.
- Order Details: For a 900 kW grid-connected roof-top solar power plant service (hybrid with battery storage) across 12 locations, including design, supply, installation, commissioning, and maintenance.
- Completion Timeline: Within 6 months.
Business Update
Neutral
2026-07-15 15:05
- Concall Schedule for Q1 FY2026-27 Financial Results
- Concall Date: Wednesday, 22nd July, 2026
- Concall Time: 3:00 PM
- Company Participants: Mr. Raman Bhatia (Founder & Managing Director) and Mr. Vipin Kaushik (Chief Financial Officer)
Routine
Neutral
2026-06-26 11:28
- Trading window for Servotech Renewable Power System Limited will close from July 1, 2026, until 48 hours after the declaration of Un-audited Financial Results for the quarter ended June 30, 2026.
- This is as per SEBI (PIT) Regulations, 2015, restricting trading by designated persons and their immediate relatives.
Business Update
Positive
2026-06-25 10:43
- Servotech Renewable Power System Ltd. secured a BEE 5-star rating for its 60 kW & 120 kW DC Fast EV Chargers, achieving 97% weighted average energy efficiency. This strengthens their competitive position in the EV charging infrastructure.
Ownership
Positive
2026-06-10 16:02
- 5,850,000 convertible warrants, allotted to Sarika Bhatia (Promoter) on December 10, 2024, have lapsed due to non-conversion by June 9, 2026.
- The company has forfeited the upfront amount of ₹24,48,22,500.
- There is no change in the paid-up equity share capital.
Routine
Neutral
2026-06-02 13:24
New Filing detected. See link for details.
Business Update
Positive
2026-06-02 13:12
- Servotech Renewable Power System Limited (SRPSL) entered into a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), Government of Haryana on June 1, 2026.
- SRPSL is committed to invest approximately ₹400 Crores in Haryana.
- The MoU aims to establish a framework for cooperation to promote industrial development and growth of clean energy manufacturing in the State of Haryana.
- HEPC will provide facilitation and Ease of Doing Business support to SRPSL.
Business Update
Positive
2026-05-07 17:58
Servotech Renewable Power System Limited's Q4 FY26 earnings conference call highlighted FY27 as a year of operational consolidation, aiming to restore positive operating cash flow, reduce gearing below 0.5x, and normalize receivable collection to 60-70 days. CapEx is expected to moderate and be funded internally. The company anticipates sustaining or modestly improving its EBITDA margin, driven by strong demand in solar, inverters, DC chargers (benefiting from government EV infrastructure rollout), and BESS. They project a FY27 revenue mix of approximately 60% Solar and 40% EV, with the retail channel contributing over 50% of total revenue. Asset utilization is targeted for 100% from Q2 FY27, and a QIP is under progress.
Business Update
Positive
2026-05-06 18:10
Order Win: Servotech Renewable Power System Ltd. secured a 1415 kW solar rooftop project order from the South Central Railway, Vijayawada Division. The project scope includes design, engineering, supply, installation, testing, and commissioning of grid-connected rooftop solar systems across multiple railway sites.
Business Update
Positive
2026-05-06 18:03
Order Win: Servotech Renewable Power System Limited won an order from South Central Railway - Vijayawada Division for the design, engineering, supply, installation, testing, and commissioning of 1415 kW grid-connected rooftop solar systems across multiple railway sites. The project is to be executed within 06 months of the issue of LOA.
Routine
Neutral
2026-05-01 16:28
Servotech Renewable Power System Limited announced that the audio recording of its earnings conference call on the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, has been uploaded on the company's website. The recording, held on May 01, 2026, is accessible via the provided link.
Financials
Positive
2026-05-01 11:59
Servotech Renewable announced its Q4 FY26 consolidated financial results: Revenue stood at ₹21,900 lakh vs ₹14,746 lakh (▲48.52% YoY), EBITDA at ₹2,420 lakh vs ₹1,338 lakh (▲80.86% YoY), and PAT at ₹1,048 lakh vs ₹771 lakh (▲35.92% YoY). EBITDA Margin expanded from 9.07% to 11.05% (▲198bps). Management highlighted strong performance driven by strategic decisions, improved product mix, enhanced manufacturing, and a focus on higher-margin segments.
Financials
Positive
2026-04-30 22:21
Standalone Revenue ₹209.64 Cr vs ₹126.13 Cr (▲66.21% YoY), EBITDA ₹21.63 Cr vs ₹13.02 Cr (▲66.15% YoY), PAT ₹11.73 Cr vs ₹7.85 Cr (▲49.50% YoY). EBITDA Margin 10.32% vs 10.32% (▲0bps). The Board also recommended a final dividend of 2% (Re 0.02) per equity share for FY2025-2026.
Financials
Positive
2026-04-30 21:56
Standalone Revenue ₹209.64Cr vs ₹126.13Cr (▲66.21% YoY), EBITDA ₹21.63Cr vs ₹13.02Cr (▲66.15% YoY), PAT ₹11.73Cr vs ₹7.85Cr (▲49.50% YoY) for the quarter ended March 31, 2026. EBITDA Margin 10.3% vs 10.3% (▲0bps). The Board also recommended a Final Dividend of 2% (Re 0.02) per equity share for FY 2025-2026.
Routine
Neutral
2026-04-30 21:47
New Filing detected. See link for details.
Financials
Positive
2026-04-30 21:41
Standalone Revenue ₹209.64 Cr vs ₹126.13 Cr (▲66.21% YoY), EBITDA ₹21.63 Cr vs ₹13.02 Cr (▲66.15% YoY), PAT ₹11.73 Cr vs ₹7.85 Cr (▲49.50% YoY). EBITDA Margin remained flat at 10.32%. The company also recommended a final dividend of 2% (Re 0.02) per equity share for FY2025-2026.