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Earnings Call

Servotech Renewable Power System Earnings Call: Key Takeaways

Servotech reported strong Q4 FY26 standalone growth but faces significant working capital stress with receivables trapped in PSU and railway projects.

Why this was an Alfa AlertNot a filter event. Results were described as strong but lacked a comparison against specific prior guided ranges.
Highlights
Revenue growthStandalone Q4 revenue up 67% YoY to ₹211.2cr.
MarginsFY26 EBITDA margins reached record 11.6% due to better product mix.
Order bookStrong pipeline supported by railway and oil marketing company contracts.
Demand visibilityStrong visibility in solar inverters, DC chargers, and BESS segments.
Management confidenceConfident but defensive regarding rising debt and stretched receivable cycles.

Growth

Standalone revenue grew 67% YoY in Q4; FY26 EBITDA margins expanded to 11.6% from 9.7%.

Outlook

FY27 is aimed at operational consolidation with zero fresh long-term debt and lower capex.

Risks

Receivables jumped to ₹243cr, with ₹100cr stuck in PSU infrastructure and railway payment delays.

Source

Earnings Call filed with NSE, NSE: SERVOTECH. Summary written with AI assistance from the document.

Read the document ↗

Servotech Renewable Power System Ltd: key numbers

Share price
₹70.76
Market cap
₹1,598 Cr
Revenue (annual)
₹671.6 Cr
Net profit (annual)
₹33.55 Cr
P/E (TTM)
42.7×Sector 45.9×
Promoter holding
58.61%+0.00% QoQ
FII holding
0.05%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Servotech Renewable Power System Annual General Meeting

Servotech Renewable Power System Limited held its 22nd Annual General Meeting on September 25, 2026. Shareholders transacted all business items as per the meeting notice.