SERVOTECH

Servotech Renewable Power System Limited

Listed company · ISIN INE782X01033 · NSE EQ · FV ₹1
Last price
₹72
-1.32%today
What this company does

Servotech Renewable Power System Limited is a listed company. It booked ₹216 cr of revenue in its latest quarter (Q1 FY27) and kept 4.2% of sales as profit.

Their stated vision

To provide the most advanced we are shaping the future of clean energy.

In the report:
48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 412–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
17

At close. Not part of the score.

Profitability & returns51

How much profit it earns on the money it employs

Balance sheet30

How much it owes, and whether earnings cover the interest

Cash quality24

Whether reported profit actually arrives as cash

Growth & consistency92

Whether sales and profit have grown, and how steadily

Valuation21

What today's price implies, against our models or its peers

Governance & risk83

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Sales up 58% vs last year
Profit up 75% vs last year
Promoters hold 59%
Turns profit into real cash
Watch-outs
! Thin 4.2% net margin
! 4.2% of promoter stake pledged

What if I invest in SERVOTECH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹72 -1.32%
latest close · 2026-09-17
52-wk low ₹7142 sessions so far52-wk high ₹105
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio44.1High
LowAverageHigh
P/B ratio5.67High
Below bookModerateHigh
EV / EBITDA22.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.7%Fair
WeakFairStrong ▸15%
Return on capital17.0%Strong
WeakFairStrong
Net margin4.2%Thin
ThinDecentStrong
EBITDA margin9.7%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.71Moderate
LowModerateHigh ▸1
Interest cover3.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.46Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,632 cr
Book value
₹13
EPS
₹0.41
latest quarter
Net debt
₹207 cr
owes more than its cash
Enterprise value
₹1,839 cr
EBITDA
₹84 cr
annualised
EBIT
₹62 cr
annualised
Operating margin
7.1%
Return on assets
5.3%
Earnings yield
2.27%
P/S
1.89
Sales / share
₹38.2
Tax rate
25.2%
Face value
₹1
Shares
22.6 cr
Working capital
₹150 cr
Current assets
₹472 cr
Current liabilities
₹322 cr
Delivery %
50.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹11₹12, midpoint ₹12

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹216 cr
Other Income₹50.6 L
Total Income₹216 cr
Cost of Materials₹168 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-27.1 L
Employee Benefit Expense₹8 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹19 cr
Total Expenses₹206 cr
Profit before Tax₹11 cr
Tax Expense₹3 cr
Share of JV / Associates₹11.2 L
Net Profit₹8 cr
Net margin on total income3.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹168 cr77.5%
Employee benefit expense₹8 cr3.8%
Finance costs₹5 cr2.2%
Depreciation & amortisation₹6 cr2.6%
Other expenses₹19 cr8.9%
Tax expense₹3 cr1.2%
Profit for the period₹8 cr3.7%
Total income ₹216 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue211 cr217 cr216 cr
Total income212 cr219 cr216 cr
Expenses191 cr206 cr206 cr
Profit before tax20 cr13 cr11 cr
Tax5 cr3 cr3 cr
Net profit (owners' share)15 cr12 cr9 cr
Net margin (owners' share, on revenue)7.0%5.6%4.2%
EPS (₹)0.650.540.41
YoY (latest quarter): total income +57.7% · net profit +74.7%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹685 cr
Shareholder equity
₹288 cr
parent shareholders
Total debt
₹209 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹14 cr
Investing
₹-88 cr
Financing
₹93 cr
Who owns it · 2026-06-30
4.2% pledged
Promoter
58.6%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
41.3%
Promoter stake down 0.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRAMAN BHATIA · Promoters13,417 · ₹11.4 L4 Feb 26
BoughtRAMAN BHATIA HUF · Promoter Group20,674 · ₹17.6 L4 Feb 26
SoldRAMAN BHATIA · Promoters13,417 · ₹11.4 L3 Feb 26
Bulk / block deals
short · NSE5009 Sep 25
short · NSE1395 Sep 25
short · NSE12 Sep 25
Stake changes
SoldRaman Bhatia HUF · promoter→ 13.60% · 8.00 L7 Aug 24
SoldRaman Bhatia HUF · promoter→ 13.60% · 8.00 L7 Aug 24
SoldManohar Lal Bhatia · promoter→ 1.15% · 1.00 L27 Feb 24
Promoter pledges
PledgedPNB50.00 L · 0.00% held31 Aug 24
ReleasedHDFC Bank1.46 cr · 6.87% held2 Nov 23
ReleasedIFCI Factors Ltd7.82 L · 12.26% held31 Jan 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 6 Mar 2026
See the official result
1
Regularization of Appointment of Dr. Prabhat Kumar (DIN: 06415793) as Non-Executive Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
1.91 cr votes for, 9,226 against · 0% of mutual funds and other big investors said no
2
Re-appointment of Mr. Meenakshisundaram Kolandaivel (DIN: 09854605) as Non-Executive Independent Director of the Company
Backed by 99% of shareholders other than promotersneeded 75%
1.89 cr votes for, 1.90 L against · 98% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 58.6% between them · as of 2026-06-30
RAMAN BHATIA29.91%
RAMAN BHATIA HUF13.40%
SARIKA BHATIA13.30%
MANOHAR LAL BHATIA0.97%
KANAV BHATIA0.50%
RISHABH BHATIA0.47%
VIKAS BHATIA0.04%
MEENU BHATIA0.01%
Business done with them
FY2025 · 3 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 0.4% of its ₹674 cr revenue.
Sarika Bhatia
Other payments to them · Remuneration, Tour Advance, Other Advances Paid
also owns 13.30% of the company
₹1 cr
company paid
Raman Bhatia
Other payments to them · Remuneration, Tour Advance, Other Advances Paid
also owns 29.91% of the company
₹1 cr
company paid
Vikas Bhatia
Other payments to them · Salary
also owns 0.04% of the company
₹16.9 L
company paid
Raman Bhatia
Contribution made to them · Remuneration, Tour Advance, Other Advances Paid
also owns 29.91% of the company
₹4.3 L
company paid
Sarika Bhatia
Contribution made to them · Remuneration, Tour Advance, Other Advances Paid
also owns 13.30% of the company
₹2.7 L
company paid
Vikas Bhatia
Contribution made to them · Salary
also owns 0.04% of the company
₹0.49 L
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹6 cr raised in Jun 2025 by conversion of warrants into equity shares

The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.

₹1 cr raised in Apr 2025 by conversion of warrants into equity shares

The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.