Servotech Renewable Power System Ltd: Charging the Future or Overheating the Circuit?
1. At a Glance
Servotech is riding the EV and solar wave harder than a stock market meme. With a 108% profit CAGR over 5 years and a market cap crossing ₹3,100 Cr, the company is sparking serious investor attention. But at 94x earnings, are we buying growth or just vibes?
2. Introduction with Hook
Imagine if Elon Musk, Mukesh Ambani, and a solar panel had a baby — it might look like Servotech. From LED lights to ultra-fast EV chargers, this company is the Desi fusion of a clean-tech dream and an IPO-era hype machine.
5-year profit CAGR: 108%
FY25 Net Profit: ₹33 Cr (from ₹0 in FY14)
ROE in FY25: 19%
But also:
Promoter holding steadily dropping
P/E is hotter than your inverter during load-shedding (93.9x)
3. Business Model (WTF Do They Even Do?)
Servotech Renewable Power System Ltd is a manufacturer of:
EV Chargers (hello airport contracts)
Solar Products (panels, lights, etc.)
Power Backup Solutions (UPS, inverters)
LED lighting (because why not)
They’re also dipping their toes into nationwide EV infra with installations at places like Bengaluru Airport and pushing solar hardware via franchise deals like Onix Solar. It’s a product buffet, just add government subsidies and stir.
4. Financials Overview
Revenue Journey: From ₹34 Cr in FY14 to ₹587 Cr in FY25 — that’s a solar-powered growth story.
