Servotech Renewable Power System Ltd
SERVOTECHServotech Renewable Power System Ltd's multiple sits at its floor because earnings outran a 58× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 11th percentile of its own 5-year range.
The sharpest disagreement: profits are rising, but only −73% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is building a base (5 weeks in) while the P/E sits at the 11th percentile of its own 5-year range. Underneath, the last four quarters read improving — profit +77.1% year on year, and −73% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Servotech Renewable Power System Ltd trades at ₹99.8, building a base and 5 weeks into that stage. That is +3.6% against its own 200-day average. It sits at 55% of a 52-week range of ₹60 to ₹133. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).
Today the stock is building a base — week 5 of stage 1. At ₹99.8 it trades +3.6% versus its 200-day average and sits at 55% of its 52-week range (₹60–₹133).
Against the market, two honest reads. Cumulative: over the last 8.9 years the stock moved +3,029% while the NIFTY 500 moved +169% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 11th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Servotech Renewable Power System Ltd trades at 57.7× P/E, near the bottom of its own range — cheaper only 11% of the time. Its long-run median P/E is 94.2×, measured across 4.7 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 57.7× is near the bottom of its own range — cheaper only 11% of the time, against a long-run median of 94.2× measured over 4.7 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +2.1% against a −31.2% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the +5.8%/yr price move, ~+33.4%/yr came from earnings growth and ~−27.6 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 13% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Servotech Renewable Power System Ltd reads as mixed on its fundamental arc. Mixed — the growth curves are steadily positive, but ROCE at 13.0% is below the 15% bar this page requires to call it Consistent. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −0.3% | +34.2% | +50.5% | +29.4% |
| Profit | −3.0% | +42.8% | +100.0% | +41.4% |
| EPS | +2.1% | +42.0% | +97.2% | +20.0% |
| Share price | −31.2% | +5.8% | +125.0% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
45.2/100 — rank 12 of 19 in Capital Goods - Electric General · 83% evidence confidence
Servotech Renewable Power System Ltd scores 45.2 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 12. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 13.7 + 11.8 + 11.5 + 8.2 = 45.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Servotech Renewable Power System Ltd reported ₹216 Cr of revenue in the Jun 26 quarter, +57.8% year on year. That is the 2nd straight quarter of year-on-year growth. Over 10 years it has compounded at 29.4% a year. The last full year, FY26, came in at ₹672 Cr. The last four reported quarters add to ₹751 Cr.
Servotech Renewable Power System Ltd reported ₹216 Cr of revenue in the Jun 26 quarter, +57.8% year on year. That is the 2nd straight quarter of year-on-year growth. Over 10 years it has compounded at 29.4% a year. The last full year, FY26, came in at ₹672 Cr. The last four reported quarters add to ₹751 Cr.
FY26 revenue came in at ₹672 Cr (−0.3% on the year), capping 10 years at 29.4% compound. The latest quarter (Jun 26) printed ₹216 Cr, +57.8% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +14.3% growth against the decade's 29.4% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +7.4% over the last 4 quarters against +39.4%/yr over the last 8 — rolling over; TTM profit +7.5% vs +69.9%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 9.5% this quarter (+1.9 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Servotech Renewable Power System Ltd's operating margin is 9.5% in the Jun 26 quarter, +1.9 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 5.0% to 10.0%. The current quarter sits inside that band.
Servotech Renewable Power System Ltd's operating margin is 9.5% in the Jun 26 quarter, +1.9 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 5.0% to 10.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 9.5%, +1.9 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0%–10.0%, and FY26's 10.0% is the top of that band — a record year.
Why the margin moved: operating margin went +1.9 pp year on year while gross margin went +3.6 pp — the gain came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ Margins held — did that reach the bottom line? Next: profit +77.1% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Servotech Renewable Power System Ltd earned ₹8.1 Cr of net profit in the Jun 26 quarter, +77.1% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹32.0 Cr. The 10-year compound rate is 41.4%. That is 3.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.5 Cr.
Servotech Renewable Power System Ltd earned ₹8.1 Cr of net profit in the Jun 26 quarter, +77.1% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹32.0 Cr. The 10-year compound rate is 41.4%. That is 3.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.5 Cr.
Jun 26 profit was ₹8.1 Cr, +77.1% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹32.0 Cr (−3.0%), and the 10-year compound rate is 41.4%.
Why profit moved: revenue contributed +57.8% and the margin +1.9 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +23.6% vs revenue +14.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −73% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −73% of Servotech Renewable Power System Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−2.0 Cr of operating cash against ₹32.0 Cr of profit. After ₹102 Cr of capital spending, ₹−104 Cr was left as free cash.
FY26: operating cash of ₹−2.0 Cr against reported profit of ₹32.0 Cr, leaving free cash of ₹−104 Cr after ₹102 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −73% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −73%: the cash cycle tightened 111 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 5.9× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹160 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Servotech Renewable Power System Ltd's cash conversion cycle runs 61 days in FY26, down from 172 days in FY21. Capital spending ran ₹160 Cr over the last 3 years. At FY26 sales of ₹672 Cr each day of that cycle holds about ₹1.8 Cr, so roughly ₹112 Cr sits inside the business at any moment.
FY26: debtors at 119 days, inventory at 43 days — roughly 1.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 61 days, tighter than FY21's 172.
The full loop: cash goes out to suppliers and production on day 0; stock waits 43 days to sell; customers pay about 119 days after that; and suppliers themselves are paid at 101 days — netting out to the 61-day cycle.
In money terms: at FY26 sales of ₹672 Cr, each day of the cycle holds about ₹1.8 Cr — so the 61-day loop keeps roughly ₹112 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹160 Cr over the last 3 fiscal years against ₹27.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 13%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Servotech Renewable Power System Ltd earns a ROCE of 13% in FY26. That is up from a trough of 7% in FY20. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 4.8% net margin on 0.98× asset turns.
FY26 ROCE is 13%, recovered from a FY20 trough of 7% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 4.8% net margin × 0.98× asset turns × 2.38× balance-sheet leverage ≈ 11.2% on equity. Margin does its share; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 13% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.73.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Servotech Renewable Power System Ltd carries ₹211 Cr of borrowings against ₹288 Cr of equity in FY26, a debt-to-equity of 0.73. Operating profit covers the interest bill 6×. Over 5 years borrowings went from ₹25.0 Cr to ₹211 Cr. Capital spending ran ₹160 Cr across the last 3 of those years.
FY26: borrowings of ₹211 Cr against equity of ₹288 Cr — a debt-to-equity of 0.73. Operating profit covers the interest bill 6×. Over 5 years borrowings went from ₹25.0 Cr to ₹211 Cr while capital spending ran ₹160 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 13% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Who owns this, and are they adding or leaving? Next: Foreign institutions cut 5.5 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions cut 5.5 points of Servotech Renewable Power System Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 0.1% of the company. Promoters moved −1.1 points over the same window, to 58.6%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −5.5 points over 8 quarters to 0.1%; Promoters: −1.1 points over 8 quarters to 58.6%.
🚨 Why the register moved: foreign institutions drove it (−5.5 points), alongside promoters (−1.1 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Servotech Renewable Power System Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Servotech Renewable Power System Ltd this page | 57.7× | ₹2,160 Cr | Mixed | |||
| Siemens Ltd | 46.8× | ₹1.3L Cr | Mixed | |||
| V-Guard Industries Ltd | 39.5× | ₹12,705 Cr | Turning around | |||
| Spectrum Electrical Industries Ltd | 80.7× | ₹3,585 Cr | No read | |||
| Ravindra Energy Ltd | 42.2× | ₹3,404 Cr | No read | |||
| Insolation Energy Ltd | 13.9× | ₹2,783 Cr | Improving | |||
| Insolation Energy Ltd | 12.4× | ₹2,482 Cr | — | — | — | — |
| Rishabh Instruments Ltd | 29.5× | ₹2,406 Cr | Improving | |||
| Modern Insulators Ltd | 29.1× | ₹2,324 Cr | Consistent | |||
| Exicom Tele-Systems Ltd | — | ₹2,229 Cr | No read | |||
| HPL Electric & Power Ltd | 22.6× | ₹2,144 Cr | Mixed | |||
| Alpex Solar Ltd | 10.6× | ₹2,136 Cr | No read | |||
| Honda India Power Products Ltd | 29.5× | ₹2,118 Cr | Mixed | |||
| IKIO Technologies Ltd | 38.2× | ₹1,583 Cr | Turning around | |||
| Igarashi Motors India Ltd | 118.0× | ₹1,436 Cr | Mixed | |||
| Modern Insulators Ltd | 16.7× | ₹1,122 Cr | Improving | |||
| Modern Insulators Ltd | 17.5× | ₹1,122 Cr | Improving | |||
| Salzer Electronics Ltd | 19.2× | ₹1,018 Cr | Mixed | |||
| Swelect Energy Systems Ltd | 19.6× | ₹930 Cr | Turning around | |||
| Modison Ltd | 11.4× | ₹897 Cr | Improving | |||
| Kirloskar Electric Company Ltd | 95.1× | ₹829 Cr | Turning around | |||
| Focus Lighting & Fixtures Ltd | 96.1× | ₹487 Cr | Turning around |
Frequently asked questions
What is Servotech Renewable Power System Ltd's share price today?
Servotech Renewable Power System Ltd trades at ₹99.8, −31.2% over the past year. The company is valued at ₹2,160 Cr. The stock sits at 55% of its 52-week range of ₹60–₹133, +3.6% versus its 200-day average. On the tape, the price is building a base, 5 weeks in. — as of 24 July 2026.
What were Servotech Renewable Power System Ltd's latest quarterly results?
Servotech Renewable Power System Ltd reported revenue of ₹216 Cr and net profit of ₹8.1 Cr for the Jun 26 quarter. Revenue rose 57.8% and profit rose 77.1% year on year. Earnings per share were ₹0.41. The operating margin was 9.5%, 1.9 pp higher than a year earlier. — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's revenue?
Servotech Renewable Power System Ltd reported revenue of ₹216 Cr in the Jun 26 quarter, +57.8% year on year. For the full FY26 fiscal year, revenue was ₹672 Cr (−0.3%). Over the last 10 years revenue compounded at 29.4% a year. — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's profit?
Servotech Renewable Power System Ltd earned ₹8.1 Cr of net profit in the Jun 26 quarter, +77.1% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹32.0 Cr. The operating margin ran 9.5% in the latest quarter. — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's market cap?
Servotech Renewable Power System Ltd's market capitalisation is ₹2,160 Cr at a share price of ₹99.8. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's P/E ratio?
Servotech Renewable Power System Ltd trades at a P/E of 57.7×, at the 11th percentile of its own 5-year range, against a long-run median of 94.2×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Servotech Renewable Power System Ltd pay a dividend?
Yes — Servotech Renewable Power System Ltd's dividend payout was 1% of profit in FY26, and it recorded a payout in 5 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Servotech Renewable Power System Ltd overvalued?
On its own history, Servotech Renewable Power System Ltd looks cheap against its own history: its P/E of 57.7× has been cheaper only 11% of the time in 5 years (long-run median 94.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.
Is Servotech Renewable Power System Ltd growing?
Yes — Servotech Renewable Power System Ltd is growing: latest-quarter revenue +57.8% year on year, profit +77.1%, and the margin +1.9 pp at 9.5%. The 10-year compound rates are 29.4% (revenue) and 41.4% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Servotech Renewable Power System Ltd performing?
Servotech Renewable Power System Ltd is building a base, 5 weeks in. Its latest quarter's revenue rose 57.8% and profit rose 77.1% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Servotech Renewable Power System Ltd in?
Mixed — the growth curves are steadily positive, but ROCE at 13.0% is below the 15% bar this page requires to call it Consistent. The read comes from the last 12 quarters of growth (revenue growth +7.4% latest, profit growth +7.5% latest, eps growth +10.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Servotech Renewable Power System Ltd in an uptrend?
No — the price is building a base (week 5 of stage 1), trading +3.6% versus its 200-day average and at 55% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Servotech Renewable Power System Ltd beating the market?
Not lately — on a trailing-13-week view Servotech Renewable Power System Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 8.9 years the stock moved +3,029% against the NIFTY 500's +169% — ahead of the index over the full window. — as of 24 July 2026.
Will Servotech Renewable Power System Ltd's share price go up?
This page publishes no price forecast for Servotech Renewable Power System Ltd. What it measures instead: the share price is ₹99.8, the price is building a base 5 weeks in. Its P/E of 57.7× sits at the 11th percentile of its own 5-year range. — as of 24 July 2026.
Who owns Servotech Renewable Power System Ltd?
Promoters hold 58.6% of Servotech Renewable Power System Ltd, foreign institutions 0.1%, domestic institutions null% and the public 41.3% (latest quarter). The biggest move on the register over the last two years: Foreign institutions cut 5.5 points over 8 quarters. — as of 24 July 2026.
Does Servotech Renewable Power System Ltd have too much debt?
It is moderate — Servotech Renewable Power System Ltd's debt-to-equity is 0.73, and operating profit covers the interest bill 6×. FY26 borrowings were ₹211 Cr against equity of ₹288 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's capex?
Servotech Renewable Power System Ltd spent ₹160 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹102 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Servotech Renewable Power System Ltd's cash flow?
Servotech Renewable Power System Ltd generated ₹−2.0 Cr of operating cash flow in FY26 and ₹−104 Cr of free cash flow after ₹102 Cr of capital spending. Reported profit that year was ₹32.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Servotech Renewable Power System Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −73% of Servotech Renewable Power System Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−2.0 Cr against reported profit of ₹32.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Servotech Renewable Power System Ltd in its business cycle?
Servotech Renewable Power System Ltd's FY26 operating margin was 10.0%, against a 13-year band of 5.0%–10.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 9.5%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Servotech Renewable Power System Ltd story?
The sharpest disagreement: profits are rising, but only −73% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Servotech Renewable Power System Ltd a stock worth studying right now?
This is not investment advice. The machine read: Servotech Renewable Power System Ltd's multiple sits at its floor because earnings outran a 58× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 11th percentile of its own 5-year range. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.