Servotech Renewable Power System share price today

Servotech Renewable Power System Ltd's share price was ₹68.63 at the close on 4 November 2026. It has been falling for 11 weeks. That is 20.1% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 18 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Servotech Renewable Power System Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹60 and ₹116, and at that close it sat 16% of the way up from that low.

Over the last 9.2 years the share price moved +2,051% while the NIFTY 500 moved +153%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 10 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For April to June 2026 (the quarter ended 30 June 2026), Servotech Renewable Power System reported revenue of ₹216 crore, up 57.8% from ₹137 crore a year earlier, and a profit of ₹8.06 crore, up 77.1% from ₹4.55 crore.

Servotech Renewable Power System results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Servotech Renewable Power System's management discussed these results on a call held on 22 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Servotech Renewable Power System closed at ₹68.63 on 4 November 2026, down 41.0% from ₹116.37 a year earlier (7 November 2025) and up 3,348.7% over five years. Its highest weekly close since August 2017 was ₹194.38 on 11 October 2024.

Servotech Renewable Power System share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

446 weekly closes from 24 August 2017 to 4 November 2026.

4 Nov 2026: Servotech Renewable Power System closed at ₹68.63, up 10.5% on the week and down 0.8% on the month. 18 Sep 2026: ex-date for a dividend of ₹0.02 a share.

Earlier

• 22 Jul 2026: Servotech Renewable Power System held its results call for April to June 2026. Management guided: FY27 revenue and margins expected to improve year on year as Q1 momentum continues and business quantum rises; no numerical range or goal.
• Results for April to June 2026: Revenue up 57.8% and profit up 77.1% on a year earlier.

Servotech Renewable Power System paid ₹0.02 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.03% at the ₹68.63 close on 4 November 2026. The last was a dividend of ₹0.02 a share, ex-date 18 September 2026.

Servotech Renewable Power System dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Servotech Renewable Power System Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 22 July 2026, Servotech Renewable Power System's management guided: FY27 revenue and margins expected to improve year on year as Q1 momentum continues and business quantum rises; no numerical range or goal.

“We want to double the current capacity within the next 6 months. We will triple the capacity before March 31, 2027. Our target is to reach 10x capacity in the next 2 years.”Raman Bhatia, Managing Director, on the call for April to June 2026

What management guided

• BSS production capacity to double within 6 months, triple before March 31, 2027, and reach 10x in 2 years.
• Existing capacity expected to be fully utilized by year-end, while Haryana plant construction is starting; no completion date or absolute capacity disclosed.
• no rollout milestones disclosed.
• Debt may increase to fund expansion, while management intends to keep the debt-equity ratio within a range and grow profits and net worth.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 22 July 2026.

When Servotech Renewable Power System reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Progress against the BSS goal to double production capacity within 6 months, including evidence that Haryana construction is translating into usable capacity.

Servotech Renewable Power System is on one of our India lists: Penny stocks.

Servotech Renewable Power System Ltd earned ₹8.1 Cr of net profit in the Jun 2026 quarter, +77.1% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹32.0 Cr. Over 10 years profit has grown 41.4% a year on average. That is 3.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹4.5 Cr.

For the full year, FY26 profit was ₹32.0 Cr (−3.0% on the year before).

Why profit moved: revenue changed +57.8% on a year earlier and the margin moved +1.9 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +23.6% and revenue +14.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Servotech Renewable Power System Ltd reported ₹216 Cr of revenue in the Jun 2026 quarter, +57.8% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 29.4% a year on average. The last full year, FY26, came in at ₹672 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹751 Cr.

FY26 revenue was ₹672 Cr, −0.3% on the year before.

Recent pace: the last four quarters grew +14.3% on average, against 29.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.4%, against +39.4% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +7.5%, against +69.9% a year (rolling over).

Servotech Renewable Power System Ltd's operating margin was 9.5% in the Jun 2026 quarter, 1.9 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 5.0% and 10.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.9 percentage points on the year while gross margin changed +3.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years Servotech Renewable Power System Ltd's operations used more cash than they brought in, so cash conversion was −73%, a gap worth watching. In FY26 its operations used ₹2.0 Cr of cash, against ₹32.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹103 Cr of spending on assets, free cash was −₹105 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −73% of profit came in as cash: the cash cycle got 111 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 6.0× depreciation over three years. The next section checks what that spending is building.

Servotech Renewable Power System Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 61 days in FY26, down from 172 days in FY21. It spent ₹161 Cr on assets over the last 3 years. Customers take 119 days to pay, and stock sits for 43 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹672 Cr, each day of that cycle ties up about ₹1.8 Cr, so roughly ₹112 Cr is tied up in the business at any time.

FY26: customers took 119 days to pay and stock sat for 43 days, about 1.4 months of sales sitting as stock, for a full cycle of 61 days, shorter than FY21's 172.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 43 days. Customers pay about 119 days after that. Suppliers are paid at 101 days. Together that makes the 61-day cycle.

Spending on assets: ₹161 Cr over the last 3 years, against ₹27.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Servotech Renewable Power System Ltd's P/E is 41.3×, near the low end of its own history: it has been lower only 6% of the time. Its usual P/E (the middle reading) is 95.5×, over 5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

Why the multiple is where it is: over the past year earnings per share moved +2.1% while the price moved −41.0%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +103.0% a year; about +94.3% a year came from earnings growth and about +8.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 113% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Servotech Renewable Power System Ltd's business is giving mixed signals. Growth has been steadily positive, but ROCE at 13.0% is below the 15% level needed to call it steady growth. This is based on 8 quarters of 4 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Servotech Renewable Power System Ltd earned a ROCE of 13% in FY26. That is up from a low of 7% in FY20. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 4.8% net margin and 0.98× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 4.8% net margin × 0.98× asset turnover × 2.38× leverage (assets divided by equity) ≈ 11.2% on equity. The margin does its share; borrowing is a big part of it.