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Servotech Renewable Power

Listed Manufacturer — per-stock model.

As of 21 Aug 2026
Manufacturer
CMP 82NSE: SERVOTECH

Latest concall

Q4 FY26 · 7 May 2026
  • Q4 revenue ₹211cr (+66.6% YoY); EBITDA ₹23.2cr (+70%); PAT ₹11.7cr (+49.5%).
  • FY26 EBITDA margin expanded 161bps on shift to higher-margin renewable/EV mix.
  • Won ~67% of PSU/OMC DC fast-charger tenders; solar inverters ride PM Surya Ghar.
  • Segments: EV chargers, solar inverters, BESS, solar modules.
Order-book execution

EV order pipeline includes 375x60kW and 48x120kW DC chargers plus a 1,415kW South Central Railway rooftop win.

Management guidance
  • FY27 focus on high-capacity 120-360kW chargers plus MW-scale bus/CV charging.
  • Scaling BESS, solar inverters and retail distribution network.
  • Prioritising debt reduction, receivables recovery and working-capital improvement.

Servotech Renewable Q4 & FY26 earnings call transcript (~7-May-2026) + company press release

Revenue FY26E

672₹ cr

EBITDA margin

10%

P/E

49.7×

Financials

Annual · ₹ crore · E = estimate.

Annual financials

₹ crore · FY25 → FY28E

PeriodRevenueEBITDAEBITDA %PATGross %ROE %ROCE %CapexNet debtEPS ₹WC days
FY218756.0%10.1
FY2214496.0%40.2
FY23278197.0%110.5
FY24353216.0%120.5
FY25674568.0%331.5
FY266726710.0%321.5
Source Market data (mid-2026)· As of 21 Aug 2026

Revenue, EBITDA & margin

Bars ₹cr (left) · margin % (right)

Source Market data (mid-2026)· As of 21 Aug 2026

Quarterly

₹ crore · recent quarters.

Quarterly financials

₹ crore

QuarterRevenueEBITDAEBITDA %PATPAT %
Q1FY248078.7%45.2%
Q2FY248656.2%33.6%
Q3FY245235.8%12.1%
Q4FY2413664.1%32.5%
Q1FY2511287.4%44.0%
Q2FY25200199.5%115.6%
Q3FY25216167.5%94.3%
Q4FY25146128.3%85.3%
Q1FY26137107.6%53.3%
Q2FY2610665.9%00.4%
Q3FY262112813.3%167.3%
Q4FY262172310.4%115.2%
Q1FY27216209.5%83.7%
Source Market data (mid-2026)· As of 21 Aug 2026

Revenue & margin trend

Bars ₹cr (left) · margin % (right)

Source Market data (mid-2026)· As of 21 Aug 2026

Valuation

As of 21 Aug 2026

P/E

49.7×

EV / EBITDA

26.9×

P/B

6.4×

Operating metrics

What the rest of the dashboard tracks for Servotech Renewable Power — capacity, auctions, offtake, manufacturing and returns.

Operating & order mix

Unit economics and the order book.

Shareholding

% · as of 30 Jun 2026

Shareholding pattern

%

Source Market data (mid-2026)· As of 21 Aug 2026