Servotech REN POW SYS Ltd
NSE: SERVOTECH · Other · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹71 cr vs borrowings ₹209 cr (FY26): borrowings are higher by ₹139 cr.
- Borrowings rose in each of the last 3 years (₹42 cr → ₹209 cr).
- Operating profit covered interest 4.0x in the last 12 months.
- 4.24% of the promoters' shares are pledged (2.5% of all shares).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 10% of net profit in the last 12 months.
- Debtor days went from 89 (FY24) to 119 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹62.74 on 2026-10-26: -50.0% from the 52-week high, +9.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 200 | 216 | 146 | 137 | 106 | 211 | 217 | 216 |
| EBITDA | 19 | 16 | 12 | 10 | 6 | 28 | 23 | 20 |
| OPM % | 9.5% | 7.5% | 8.3% | 7.6% | 5.9% | 13.3% | 10.4% | 9.5% |
| Other income | 0 | 1 | 1 | 0 | 1 | 0 | 2 | 1 |
| Net profit | 11 | 9 | 17 | 5 | 1 | 15 | 12 | 9 |
| EPS (₹) | 0.51 | 0.41 | 0.35 | 0.23 | 0.06 | 0.65 | 0.54 | 0.41 |
| Revenue YoY | -46.7% | -2.4% | +48.6% | +57.8% | ||||
| Profit YoY | -88.2% | +60.5% | -29.7% | +74.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 144 | 270 | 354 | 674 | 672 | 751 |
| EBITDA | 9 | 10 | 21 | 56 | 67 | 77 |
| Net profit | 4 | 11 | 12 | 42 | 34 | 37 |
| EPS (₹) | 2.15 | 1.04 | 0.54 | 1.46 | 1.49 | 1.66 |
| Revenue growth | +87.6% | +31.2% | +90.7% | -0.4% | +7.4% | |
| Profit growth | +172.4% | +6.5% | +259.8% | -20.9% | -13.2% | |
| Dividend / share (₹) | 0.20 | 0.20 | 0.20 | 0.05 | 0.05 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +35.6% | – | +7.4% |
| Net profit | +44.7% | – | -13.2% |
| EPS | +12.7% | – | – |
| Share price | – | -38.7% (2y) | -46.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 82 | 142 | 237 | 288 |
| Borrowings | – | 42 | 73 | 75 | 209 |
| Cash & equivalents | – | 16 | 66 | 43 | 71 |
| Total assets | – | 167 | 277 | 410 | 685 |
| Fixed assets | – | 20 | 29 | 66 | 153 |
| Capital work in progress | – | 0 | – | 3 | 1 |
| Investments | – | 0 | 0 | 14 | 13 |
| Receivables | – | 86 | 86 | 145 | 219 |
| Inventory | – | 21 | 39 | 71 | 60 |
| Payables | – | 24 | 39 | 54 | 142 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 8 | -24 | 1 | -55 | -2 |
| Cash from investing | -2 | -13 | -26 | -16 | -114 |
| Cash from financing | -1 | 45 | 75 | 48 | 144 |
| Capex | 3 | 0 | 26 | 18 | 103 |
| Free cash flow | 5 | -24 | -25 | -74 | -105 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.5% | 8.3% | 17.9% | 11.6% |
| ROCE % | – | 13.5% | 9.0% | 16.7% | 10.6% |
| Debtor days | – | 116 | 89 | 79 | 119 |
| Inventory days | – | 33 | 48 | 46 | 43 |
| Payable days | – | 37 | 48 | 35 | 101 |
| Cash conversion cycle (days) | – | 112 | 89 | 90 | 61 |
| Working capital days | – | 72 | 104 | 89 | 81 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 58.61% |
| FIIs | 0.25% |
| DIIs | 0.00% |
| Public (non-institutions) | 41.14% |
| Quarter | Apr 2025 | Jun 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 58.92% | 58.65% | 58.65% | 58.65% | 58.61% | 58.61% | 58.61% | 58.61% |
| Promoter group | % |
|---|---|
| Raman Bhatia | 29.91% |
| Raman Bhatia HUF | 13.40% |
| Sarika Bhatia | 13.30% |
| Manohar LAL Bhatia | 0.97% |
| Kanav Bhatia | 0.50% |
| Rishabh Bhatia | 0.47% |
| Vikas Bhatia | 0.04% |
| Sudesh Bhatia | 0.01% |
| Meenu Bhatia | 0.01% |
| Public holders above 1% | % |
|---|---|
| Mahesh Dinkar Vaze | 3.28% |
| Enforcement Directorate Raipur | 2.27% |
| Pankaj Malik | 1.48% |
1,92,271 shareholders. Pledged: 4.24% of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| SERVOTECH | ₹1,417 cr | 37.8x | 4.9x | 14.3% | 11.9% | 10.3% | +35.6% | 0.08% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Re 0.02 Per Share |
| 2025-09-23 | Dividend | Dividend - Re 0.05 Per Share |
| 2024-09-20 | Dividend | Annual General Meeting/Dividend - Re 0.05 Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Rs 0.20 Per Share |
| 2023-07-28 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2023-06-16 | Other | Extra Ordinary General Meeting |
| 2023-02-03 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2023-02-03 | Dividend | Interim Dividend - Re 0.20 Per Share |
| 2022-09-23 | Other | Annual General Meeting |
| 2022-02-24 | Other | Extra Ordinary General Meeting |
| 2021-11-25 | Dividend | Interim Dividend - Rs 0.20 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
- Manufacturing: Solar
- Manufacturing: EV Charger
- Manufacturing: Other
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | SERVOTECH |
| BSE code | – |
| ISIN | INE782X01033 |
| Face value | ₹1.0 |
| Incorporated | 2004-09-24 |
| Website | www.servotech.in |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.