Incorporated in 2004, Servotech Renewable Power System Ltd. manufactures EV Chargers, Solar Products, and Power & Backup Products[1]
Product portfolioThe company offers end-to-end clean energy solutions, including EV chargers, solar inverters, energy storage systems, and key components.1. Solar Products- Solar Panels, Solar Inverters & Solar Batteries2. EV Chargers- AC Chargers, DC Chargers3. L3 & L5 Vehicle Li-ion Battery- Lithium-ion battery packs for L3 & L5 category electric vehicles4. EV Charger Components- Onboard EV Charger, AC DC Modules, Control Card, & Charging Cables (CCS2 & Type 2)5. Battery Energy Storage Systems (BESS)- Servotech BESS6. Servo Stabilizers- Air-Cooled Servo Stabilizers, & Oil-Cooled Servo Stabilizers[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Waaree Energies | 2600.60 | 27.70 | 74803.94 | 0.08 | 878.21 | 132.97 | 6065.64 | 69.70 | 34.94 | 17952.69 | 22.55 | 2702.29 | 842.55 | 6.54 | 12.40 | 0.26 |
| 2. | Premier Energies | 749.20 | 28.43 | 33938.34 | 0.14 | 353.44 | 71.61 | 1836.87 | 20.28 | 41.12 | 6991.77 | 30.77 | 1194.26 | 353.44 | 9.83 | 17.90 | 0.47 |
| 3. | Apar Inds. | 7264.50 | 31.02 | 29180.26 | 0.67 | 251.70 | 29.82 | 5715.42 | 23.06 | 32.70 | 20745.76 | 8.33 | 939.50 | 251.70 | 6.01 | 7.83 | 0.14 |
| 4. | Emmvee Photovol. | 219.65 | 28.53 | 15207.35 | 0.00 | 263.64 | 165.77 | 1152.25 | 118.11 | 28.01 | 2335.61 | 30.91 | 368.94 | 263.64 | 15.90 | 12.12 | 2.15 |
| 5. | Waaree Renewab. | 998.05 | 24.80 | 10414.26 | 0.10 | 120.20 | 124.67 | 851.06 | 136.18 | 82.31 | 2705.61 | 20.72 | 419.88 | 120.22 | 15.84 | 25.06 | 0.12 |
| 6. | Vikram Solar | 234.90 | 32.62 | 8511.14 | 0.00 | 128.49 | 1645.79 | 1109.91 | 93.72 | 26.45 | 3423.45 | 14.37 | 139.83 | 128.49 | 2.87 | 5.16 | 0.09 |
| 7. | Genus Power | 275.70 | 17.70 | 8387.27 | 0.89 | 148.15 | 162.44 | 1149.00 | 135.99 | 19.21 | 3632.39 | 21.18 | 472.85 | 148.15 | 4.46 | 8.43 | 0.93 |
| 8. | Servotech Renew | 71.05 | 59.04 | 1604.62 | 0.07 | 2.27 | -80.05 | 102.00 | -44.06 | 20.81 | 532.89 | 9.54 | 27.17 | 2.27 | 6.63 | 10.42 | 0.63 |
| – | Median: 57 Co. | 212.65 | 28.29 | 651.7 | 0.0 | 9.41 | 53.91 | 115.26 | 23.42 | 20.37 | 350.85 | 12.84 | 24.65 | 9.41 | 4.27 | 8.43 | 0.32 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 82.49 | 49.65 | 181.32 | 68.14 | 97.51 | 123.44 | 96.16 | 120.79 | 126.13 | 39.13 | 67.12 | 182.34 | 102.00 |
Expenses | 76.81 | 46.65 | 164.87 | 61.42 | 89.06 | 110.90 | 87.75 | 115.43 | 113.11 | 37.78 | 61.97 | 163.43 | 93.19 |
Operating Profit | 5.68 | 3.00 | 16.45 | 6.72 | 8.45 | 12.54 | 8.41 | 5.36 | 13.02 | 1.35 | 5.15 | 18.91 | 8.81 |
Other Income | 0.05 | 0.19 | 0.53 | 0.25 | 0.25 | 1.69 | 0.26 | 0.41 | 0.61 | 1.11 | 0.66 | 0.41 | 0.93 |
Profit before tax | 4.80 | 1.83 | 13.10 | 5.39 | 6.31 | 10.04 | 7.40 | 4.30 | 10.51 | 1.10 | 4.02 | 15.37 | 3.10 |
Tax % | 25.21% | 40.44% | 27.40% | 25.05% | 24.72% | 24.80% | 21.49% | 25.81% | 25.31% | 25.45% | 25.12% | 26.02% | 26.77% |
Net Profit | 3.59 | 1.09 | 9.50 | 4.03 | 4.74 | 7.55 | 5.81 | 3.20 | 7.85 | 0.82 | 3.01 | 11.38 | 2.27 |
EPS in Rs | 0.17 | 0.05 | 0.43 | 0.19 | 0.21 | 0.33 | 0.27 | 0.15 | 0.35 | 0.04 | 0.14 | 0.51 | 0.10 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 34 | 32 | 51 | 81 | 114 | 88 | 86 | 86 | 134 | 249 | 305 | 587 | 533 |
Expenses | 31 | 29 | 47 | 73 | 106 | 82 | 81 | 82 | 125 | 231 | 285 | 530 | 482 |
Operating Profit | 2 | 3 | 4 | 8 | 7 | 7 | 4 | 5 | 9 | 18 | 20 | 57 | 51 |
Other Income | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 1 | 1 | 0 | 2 | 2 | 4 |
Interest | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 8 | 8 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 6 | 9 |
Profit before tax | 1 | 1 | 1 | 8 | 6 | 4 | 1 | 1 | 5 | 14 | 16 | 45 | 37 |
Net Profit | 0 | 0 | 1 | 5 | 4 | 3 | 1 | 1 | 4 | 11 | 11 | 33 | 27 |
EPS in Rs | 0.12 | 0.20 | 0.24 | 1.96 | 0.22 | 0.16 | 0.04 | 0.05 | 0.20 | 0.50 | 0.52 | 1.49 | 1.21 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 24% | 10% | 3% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 3 | 3 | 18 | 18 | 18 | 18 | 19 | 21 | 22 | 22 | 23 |
Reserves | 2 | 3 | 4 | 11 | 15 | 18 | 19 | 21 | 27 | 60 | 107 | 202 | 219 |
Borrowings | 12 | 17 | 21 | 21 | 17 | 16 | 19 | 25 | 19 | 42 | 81 | 75 | 152 |
Other Liabilities | 5 | 11 | 17 | 26 | 34 | 24 | 24 | 34 | 22 | 30 | 49 | 85 | 69 |
Total Liabilities | 20 | 32 | 44 | 60 | 84 | 76 | 79 | 98 | 87 | 153 | 258 | 384 | 463 |
Fixed Assets | 4 | 4 | 7 | 7 | 9 | 8 | 8 | 11 | 12 | 21 | 32 | 67 | 119 |
Gross Block | 3.81 | 5.04 | 8.30 | 6.57 | 12.34 | 12.46 | 13.59 | 16.38 | 18.95 | 29.54 | 40.43 | 81.18 | – |
Accumulated Depreciation | 0.25 | 1.16 | 1.69 | 0.00 | 3.32 | 4.31 | 5.17 | 5.62 | 7.16 | 8.52 | 8.86 | 14.26 | – |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 3 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 8 |
Other Assets | 17 | 28 | 37 | 54 | 75 | 67 | 71 | 88 | 75 | 132 | 211 | 313 | 331 |
Total Assets | 20 | 32 | 44 | 60 | 84 | 76 | 79 | 98 | 87 | 153 | 258 | 384 | 463 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -1 | -2 | 2 | 9 | -6 | 1 | 3 | 1 | 13 | -27 | -1 | -51 |
Cash from Investing Activity | -2 | -0 | -3 | -7 | -4 | -0 | -2 | 0 | -8 | -11 | -24 | -16 |
Cash from Financing Activity | 2 | 3 | 1 | 0 | 12 | -4 | -1 | -1 | -1 | 45 | 70 | 39 |
Net Cash Flow | -0 | 1 | -0 | 2 | 2 | -3 | 0 | 0 | 4 | 7 | 45 | -28 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79 | 202 | 131 | 124 | 140 | 165 | 184 | 171 | 74 | 115 | 96 | 87 |
Inventory Days | 100 | 136 | 137 | 78 | 55 | 63 | 48 | 75 | 38 | 26 | 49 | 48 |
Days Payable | 52 | 151 | 134 | 106 | 98 | 92 | 91 | 53 | 30 | 29 | 42 | 36 |
Cash Conversion Cycle | 126 | 187 | 134 | 96 | 96 | 136 | 142 | 192 | 83 | 112 | 103 | 99 |
Working Capital Days | 116 | 182 | 48 | 26 | 70 | 107 | 97 | 109 | 41 | 51 | 31 | 75 |
ROCE % | 16% | 15% | 16% | 31% | 18% | 13% | 7% | 7% | 12% | 17% | 11% | 21% |
Direct from BSE filings, auto-summarised
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