1. Opening Hook
The EV charger maker just hit a speed bump—revenues slowed, margins cooled, and investors panicked like their cars ran out of charge mid-highway. But while the market’s batteries are draining, Raman Bhatia’s optimism is still running on solar. From a Dubai subsidiary to Indian Railways solar deals, Servotech’s expansion looks like it’s trying to plug into every socket possible. The results may look dull now, but stick around—this call had everything from history lessons to “don’t panic” speeches. Things get charged up later, literally. 🔋
2. At a Glance
- Consolidated Revenue ₹107.65 crore – Growth engine in neutral, coasting through policy potholes.
- EBITDA ₹7.44 crore – Efficiency stayed solar-powered, though clouds hovered.
- PAT ₹39.51 lakh – Profits did yoga: flexible, but light.
- H1 Revenue ₹244.82 crore – Half-year reality check, not a sprint.
- Stock fell post-results – Traders mistook a short nap for a power cut.
- Management Confidence: 110% – The wattage of optimism could light Delhi.
3. Management’s Key Commentary
“Our Q2 performance reflected temporary softness in revenues and profitability.”
(Translation: The grid tripped, but we swear it’s temporary.)
“We have received large-scale solar rooftop projects from Indian Railways and state agencies.”
(Translation: When in doubt, call the government for sunlight and subsidies.)
“We’ve tied up with Zhuhai Piwin for indigenous battery energy storage manufacturing.”
(Translation: If China can’t beat us, let’s just team up and call it ‘Make in India’.)
“We have set up an AI automated warehouse in Sonipat.”
(Translation: Robots now manage our chaos—finally, some intelligent storage.)
“Our brand ambassador is Sonu Sood to expand business to grassroots levels.”
(Translation: If anyone can deliver power to villages, it’s Bollywood’s humanitarian electrician. 😏)
“We are confident Servotech’s future is very bright.”
(Translation: Sunglasses advised; Q3 might still be dim.)
“We can do ₹100 crore projects for ₹25 crore.”
(Translation: Jugaad is our business model
