Servotech Renewable Power System (SERVOTECH)₹68.23+0.35%Other Electrical Equipment
In the Jun 2026 quarter (consolidated), Servotech Renewable Power System reported sales of ₹216 Cr, up 57.8% from Jun 2025, and net profit of ₹8.07 Cr, up 77.0% year on year. For the year to Mar 2026, sales were ₹674 Cr and net profit ₹32.04 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 86.15 | 52.15 | 137 | 113 | 200 | 217 | 147 | 137 | 107 | 212 | 218 | 216 |
| Expenses | 80.54 | 48.86 | 130 | 104 | 181 | 200 | 134 | 126 | 100 | 183 | 195 | 195 |
| Operating Profit | 5.29 | 3.02 | 5.55 | 8.27 | 18.83 | 16.13 | 12.16 | 10.38 | 6.26 | 27.91 | 22.46 | 20.36 |
| OPM % | 6.1% | 5.8% | 4.1% | 7.4% | 9.4% | 7.5% | 8.3% | 7.6% | 5.9% | 13.2% | 10.3% | 9.4% |
| Other Income | 0.67 | 0.20 | 0.49 | 0.26 | 0.41 | 0.54 | 1.19 | 0.43 | 1.17 | 0.48 | 1.68 | 0.52 |
| Interest | 1.08 | 0.62 | 0.56 | 1.44 | 2.49 | 2.39 | 0.99 | 2.06 | 2.61 | 3.39 | 4.11 | 4.80 |
| Depreciation | 0.74 | 0.76 | 0.85 | 0.95 | 1.48 | 1.53 | 1.91 | 2.20 | 4.31 | 4.80 | 7.07 | 5.55 |
| Profit before tax | 4.16 | 1.85 | 4.63 | 6.14 | 15.32 | 12.82 | 10.49 | 6.56 | 0.51 | 20.26 | 13.03 | 10.61 |
| Tax % | 25.2% | 39.8% | 25.7% | 27.0% | 26.7% | 28.4% | 26.6% | 30.8% | 25.0% | 24.3% | 19.6% | 25.2% |
| Net Profit | 3.14 | 1.12 | 3.47 | 4.50 | 11.26 | 9.20 | 7.73 | 4.56 | 0.38 | 15.52 | 11.23 | 8.07 |
| EPS (Rs) | 0.16 | 0.04 | 0.15 | 0.19 | 0.50 | 0.40 | 0.34 | 0.22 | 0.05 | 0.64 | 0.53 | 0.40 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 87.23 | 144 | 278 | 354 | 676 | 674 | 753 |
| Expenses | 81.87 | 135 | 259 | 332 | 618 | 603 | 673 |
| Operating Profit | 4.98 | 8.97 | 18.95 | 20.93 | 55.81 | 66.80 | 76.99 |
| OPM % | 6.0% | 6.0% | 6.9% | 6.0% | 8.0% | 10.0% | 10.2% |
| Other Income | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 4.01 | 3.85 |
| Interest | 3.01 | 2.01 | 3.01 | 3.01 | 7.01 | 12.01 | 14.91 |
| Depreciation | 0.99 | 2.01 | 1.99 | 2.99 | 6.01 | 18.01 | 21.73 |
| Profit before tax | 0.99 | 5.99 | 14.01 | 15.98 | 44.97 | 39.99 | 44.41 |
| Tax % | 20.0% | 27.0% | 23.0% | 27.0% | 27.1% | 24.0% | — |
| Exceptional items | −0.16 | −0.03 | 0.00 | 0.42 | 0.00 | 0.00 | — |
| Net Profit | 1.01 | 4.01 | 11.01 | 12.01 | 33.02 | 32.04 | 35.20 |
| EPS (Rs) | 0.04 | 0.21 | 0.51 | 0.53 | 1.45 | 1.48 | 1.62 |
| Dividend payout % | 0.0% | 9.0% | 23.0% | 9.0% | 3.0% | 1.0% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 18.05 | 19.05 | 21.05 | 22.08 | 22.08 | 23.08 |
| Reserves | 21.05 | 28.04 | 61.16 | 120 | 215 | 265 |
| Borrowings | 25.05 | 19.05 | 42.11 | 73.19 | 75.17 | 211 |
| Other Liabilities | 34.03 | 24.01 | 41.94 | 61.70 | 97.81 | 186 |
| Total Liabilities | 98.18 | 89.15 | 167 | 277 | 411 | 686 |
| Fixed Assets | 11.03 | 12.03 | 22.07 | 32.08 | 69.15 | 157 |
| CWIP | 0.00 | 0.00 | 0.99 | 14.96 | 2.99 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.01 |
| Other Assets | 88.15 | 78.12 | 144 | 230 | 339 | 517 |
| Inventories | 14.95 | 13.95 | 20.92 | 38.86 | 70.72 | 59.77 |
| Trade receivables | 50.96 | 28.01 | 86.01 | 86.03 | 145 | 219 |
| Cash & equivalents | 2.99 | 7.99 | 15.96 | 65.89 | 42.95 | 70.84 |
| Total Assets | 98.18 | 89.15 | 167 | 277 | 411 | 686 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 3.01 | 8.01 | −24.01 | 1.01 | −55.08 | −2.01 |
| Cash from investing activity | −1.99 | −1.99 | −12.96 | −25.90 | −15.96 | −114 |
| Cash from financing activity | −1.01 | −1.01 | 45.06 | 75.07 | 48.03 | 144 |
| Net cash flow | 0.00 | 4.99 | 7.97 | 49.88 | −23.92 | 27.90 |
| Capex | 1.01 | 3.01 | 13.01 | 26.03 | 18.01 | 103 |
| Free cash flow | 2.01 | 5.02 | −37.13 | −25.11 | −73.25 | −105 |
| CFO / OP % | 63.0% | 82.9% | −129.1% | 4.0% | −100.0% | 6.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 211 | 69 | 111 | 88 | 78 | 118 |
| Inventory days | 74 | 39 | 32 | 47 | 45 | 42 |
| Days payable | 116 | 34 | 38 | 49 | 36 | 102 |
| Cash conversion cycle | 171 | 76 | 107 | 88 | 88 | 60 |
| Working capital days | 99 | 40 | 49 | 36 | 67 | 44 |
| ROCE % | — | 12.0% | 18.0% | 11.0% | 20.0% | 13.0% |
For the Jun 2026 quarter, Servotech Renewable Power System reported sales of ₹216 Cr, up 57.8% year on year and net profit of ₹8.07 Cr, up 77.0% year on year. The operating margin was 9.4%.
Servotech Renewable Power System's sales for the year to Mar 2026 were ₹674 Cr; over the last twelve months they were ₹753 Cr.
Net profit for the year to Mar 2026 was ₹32.04 Cr, and ₹35.20 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.62.
Servotech Renewable Power System reported borrowings of ₹211 Cr at Mar 2026, against cash and equivalents of ₹70.84 Cr.
Cash from operations was −₹2.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹105 Cr.