# Servotech Renewable Power System share price today (Servotech Renewable Power System Ltd, NSE: SERVOTECH)

> Servotech Renewable Power System share price today: ₹63.67 at the NSE close on 3 November 2026, down 47.4% in a year. Servotech Renewable Power System (NSE: SERVOTECH) is worth ₹1,437 crore, trades at a P/E of 38.4 and has closed between ₹59.52 and ₹116.37 over the past 52 weeks. > Servotech Renewable Power System Ltd's earnings have grown faster than its share price. Earnings per share grew +2.1% in a year while the price moved −47.4%. SERVOTECH · Capital Goods - Electric General · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹63.67 (−47.4% in a year)
- P/E: 38.4× (lower than 94% of the last 5 years)
- Revenue (Jun 2026): ₹216 Cr (+57.8% on a year ago)
- Profit (Jun 2026): ₹8.1 Cr (+77.1% on a year ago)
- Operating margin: 9.5% (+1.9 points on a year ago)
- ROCE: 13%, FY26
- Profit that came in as cash: −73%, last 3 years

The main question: profits are rising, but only −73% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Servotech Renewable Power System share price today? Servotech Renewable Power System Ltd's share price was ₹63.67 at the close on 3 November 2026. It has been falling for 11 weeks. That is 25.9% 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. In the last 52 weeks it traded between ₹60 and ₹116, and at that close it sat 7% of the way up from that low. Over the last 9.2 years the share price moved +1,896% 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. ## What are Servotech Renewable Power System's latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹216 crore | ₹137 crore | +57.8% |
| Profit | ₹8.06 crore | ₹4.55 crore | +77.1% |
| Earnings per share | ₹0.41 | ₹0.23 | +78.3% |
| Operating margin | 9.5% | 7.6% | +1.9 points |

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.)

## What is the Servotech Renewable Power System share price history? Servotech Renewable Power System closed at ₹63.67 on 3 November 2026, down 47.4% from ₹120.94 a year earlier (31 October 2025) and up 3,099.5% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹63.30 | +0.6% |
| 1 month ago · 1 Oct 2026 | ₹69.20 | −8.0% |
| 6 months ago · 30 Apr 2026 | ₹94.93 | −32.9% |
| 1 year ago · 31 Oct 2025 | ₹120.94 | −47.4% |
| 3 years ago · 3 Nov 2023 | ₹77.70 | −18.1% |
| 5 years ago · 4 Nov 2021 | ₹1.99 | +3,099.5% |
| Earliest weekly close in our records · 24 Aug 2017 | ₹3.19 | +1,895.9% |
| Highest weekly close since August 2017 · 11 Oct 2024 | ₹194.38 | −67.2% |
| Lowest weekly close since August 2017 · 3 Jan 2020 | ₹0.70 | +8,995.7% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹116.37 | −45.3% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹59.52 | +7.0% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (446 weekly closes from 24 August 2017 to 3 November 2026.)

## What is the latest news on Servotech Renewable Power System? 3 Nov 2026: Servotech Renewable Power System closed at ₹63.67, up 0.6% on the week and down 8.0% 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. ## What dividend does Servotech Renewable Power System pay? Servotech Renewable Power System paid ₹0.02 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.03% at the ₹63.67 close on 3 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

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 18 Sep 2026 | ₹0.02 | Dividend | same day |
| 23 Sep 2025 | ₹0.05 | Dividend | same day |
| 20 Sep 2024 | ₹0.05 | Dividend | n/a |
| 22 Sep 2023 | ₹0.20 | Dividend | n/a |
| 3 Feb 2023 | ₹0.20 | Interim | same day |
| 25 Nov 2021 | ₹0.20 | Interim | 26 Nov 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did Servotech Renewable Power System management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/31431-22-Jul-2026.pdf). (From the call for April to June 2026, 22 July 2026.)

## What to watch in Servotech Renewable Power System's next results? 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. - What to check (from the call)
- Progress against the BSS goal to double production capacity within 6 months, including evidence that Haryana construction is translating into usable capacity. - Average line utilization, currently approximately 50.0%-60.0%, moving toward full use of existing capacity as new capacity is added. - Execution of the South Central Railway, Uttar Pradesh BSS and channel-led orders, given management's statement that Q1 revenue came from earlier orders. - Channel expansion and PM Surya Ghar or PM E-Drive conversion, including charger sales and EV Infra activity beyond the existing project-order base. ## Which stock lists is Servotech Renewable Power System on? Servotech Renewable Power System is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): 10.67](https://www.sectoralpha.in/penny-stocks-india)

## Is Servotech Renewable Power System profitable? 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. 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. ## How much revenue does Servotech Renewable Power System make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Servotech Renewable Power System keep? 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. 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. ## Is Servotech Renewable Power System's profit turning into cash? 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. 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. ## Where does Servotech Renewable Power System's cash go? 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. 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. ## What is Servotech Renewable Power System's P/E ratio, and how does it compare with its own history? Servotech Renewable Power System Ltd's P/E is 38.4×, 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. 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 −47.4%. 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 +100.0% a year; about +94.3% a year came from earnings growth and about +5.7 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. ## Is the Servotech Renewable Power System business getting better or worse? 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. 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. ## How much does Servotech Renewable Power System earn on its capital? 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). 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. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are 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. ## Does Servotech Renewable Power System have too much debt? Servotech Renewable Power System Ltd had ₹211 Cr of borrowings against ₹288 Cr of equity in FY26, so its debt is 0.73× its equity. Its operating profit is 6 times its interest bill. Over 5 years borrowings went from ₹25.0 Cr to ₹211 Cr. Over the last 3 of those years it spent ₹161 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are 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. ## What is the Servotech Renewable Power System shareholding pattern? Foreign institutions cut their stake in Servotech Renewable Power System Ltd by 5.7 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 0.3% of the company. Promoters moved −0.7 points over the same period, to 58.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Why the owners changed: foreign institutions drove it (−5.7 points), together with promoters (−0.7 points). They reduced their stake. ## How far is Servotech Renewable Power System from balance-sheet trouble? For Servotech Renewable Power System Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Servotech Renewable Power System rank in its industry? 39.7 out of 100, rank 15 of 19 in Capital Goods - Electric General, with 78% of the evidence available. Servotech Renewable Power System Ltd scores 39.7 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 13.6 + 11.7 + 11.6 + 2.8 = 39.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Servotech Renewable Power System compared with? Servotech Renewable Power System ranks 15 of 19 Capital Goods - Electric General companies on the 4-Factor Sector Score, with 39.7 out of 100. 1. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) MODISONLTD · leader · Most evidence points up · 100% evidence 78.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidence Valuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidence Relative strength 18.7/20 · Lead over its industry 47.3% · Lead over NIFTY 500 46.8% · 1 year 128.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 17.1 + 15.1 + 18.7 = 78 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) RISHABH · leader · Most evidence points up · 96% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidence Valuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidence Relative strength 16.3/20 · Lead over its industry 22.8% · Lead over NIFTY 500 25.5% · 1 year 52.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.8 + 16.9 + 10.8 + 16.3 = 68.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Spectrum Electrical Industries Ltd](https://www.sectoralpha.in/stocks/spectrum-electrical-industries-ltd) SPECTRUM · leader · Most evidence points up · 89% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidence Capital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidence Relative strength 20.0/20 · Lead over its industry 119.7% · Lead over NIFTY 500 122.5% · 1 year 158.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.3 + 17.2 + 6.7 + 20 = 68.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) MODINSULAT · turning · Most evidence points up · 78% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidence Capital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidence Valuation 7.7/20 · P/E 22.4× · PEG n/a · 50% evidence Relative strength 12.6/20 · Lead over its industry 35.3% · Lead over NIFTY 500 36.4% · 1 year 195.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 29.5 + 18.3 + 7.7 + 12.6 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [V-Guard Industries Ltd](https://www.sectoralpha.in/stocks/v-guard-industries-ltd) VGUARD · quiet · Evidence leans up · 100% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidence Capital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidence Valuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidence Relative strength 7.3/20 · Lead over its industry -12.4% · Lead over NIFTY 500 -7.7% · 1 year -22.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.7 + 16.1 + 14.7 + 7.3 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) INA · quiet · Evidence leans up · 81% evidence 59.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidence Capital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidence Valuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.3 + 16.5 + 19.5 + 7.5 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ALPEXSOLAR · quiet · Evidence leans up · 64% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidence Capital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidence Valuation 11.3/20 · P/E 8.4× · PEG n/a · 15% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks ahead Exact sum: 18.7 + 19.7 + 11.3 + 7.9 = 57.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Ravindra Energy Ltd](https://www.sectoralpha.in/stocks/ravindra-energy-ltd) RELTD · quiet · Evidence leans up · 79% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidence Capital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidence Valuation 9.4/20 · P/E 44.7× · PEG n/a · 15% evidence Relative strength 4.1/20 · Lead over its industry -8.7% · Lead over NIFTY 500 -4.4% · 1 year -16.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 25.3 + 15.3 + 9.4 + 4.1 = 54.1 · What this means: Earnings are strong; relative strength in its sector is -8.7% and the one-year return is -16.4%. 9. [IKIO Technologies Ltd](https://www.sectoralpha.in/stocks/ikio-technologies-ltd) IKIO · quiet · Evidence leans up · 78% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidence Capital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidence Valuation 13.1/20 · P/E 26.8× · PEG n/a · 50% evidence Relative strength 5.5/20 · Lead over its industry -5.4% · Lead over NIFTY 500 -1.9% · 1 year -22.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 25.2 + 9.5 + 13.1 + 5.5 = 53.3 · What this means: Earnings are strong; relative strength in its sector is -5.4% and the one-year return is -22.8%. 10. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) SIEMENS · losing its lead · Evidence leans up · 78% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidence Capital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidence Valuation 5.5/20 · P/E 78.2× · PEG n/a · 50% evidence Relative strength 8.8/20 · Lead over its industry -4.2% · Lead over NIFTY 500 -0.3% · 1 year 6.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 19.3 + 17.2 + 5.5 + 8.8 = 50.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 11. [Swelect Energy Systems Ltd](https://www.sectoralpha.in/stocks/swelect-energy-systems-ltd) SWELECTES · turning · Evidence leans down · 89% evidence 48.9 out of 100 Growth Capital Valuation Relative
12. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) HPL · quiet · Evidence leans down · 81% evidence 48.3 out of 100 Growth Capital Valuation Relative
13. [Kirloskar Electric Company Ltd](https://www.sectoralpha.in/stocks/kirloskar-electric-company-ltd) KECL · quiet · Evidence leans down · 79% evidence 43.3 out of 100 Growth Capital Valuation Relative
14. [Salzer Electronics Ltd](https://www.sectoralpha.in/stocks/salzer-electronics-ltd) SALZERELEC · quiet · Evidence leans down · 81% evidence 41.4 out of 100 Growth Capital Valuation Relative
15. Servotech Renewable Power System Ltd this page SERVOTECH · basing · Evidence leans down · 78% evidence 39.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.6/35 · Revenue 7.4% · Profit 7.5% · Operating margin change 1.9 points · 83% evidence Capital efficiency 11.7/25 · ROCE 12.8% · Operating margin 9.5% · 76% evidence Valuation 11.6/20 · P/E 37.4× · PEG n/a · 50% evidence Relative strength 2.8/20 · Lead over its industry -24.8% · Lead over NIFTY 500 -21.6% · 1 year -48.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.6 + 11.7 + 11.6 + 2.8 = 39.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 16. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) HONDAPOWER · quiet · Evidence leans down · 81% evidence 39.4 out of 100 Growth Capital Valuation Relative
17. [Exicom Tele-Systems Ltd](https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd) EXICOM · quiet · Evidence leans down · 68% evidence 38.9 out of 100 Growth Capital Valuation Relative
18. [Focus Lighting & Fixtures Ltd](https://www.sectoralpha.in/stocks/focus-lighting-fixtures-ltd) FOCUS · Most evidence points down · 69% evidence 24.4 out of 100 Growth Capital Valuation Relative
19. [Igarashi Motors India Ltd](https://www.sectoralpha.in/stocks/igarashi-motors-india-ltd) IGARASHI · quiet · Most evidence points down · 89% evidence 23.4 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Electric General](https://www.sectoralpha.in/sectors/capital-goods-electric-general), all 19 compared on one page. ## Which companies are close to Servotech Renewable Power System in size? Servotech Renewable Power System is the 11th largest of 19 Capital Goods - Electric General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Alpex Solar, Insolation Energy and HPL Electric & Power. Just below it: IKIO Technologies, Modern Insulators and Modison. ### Capital Goods - Electric General companies close in size

1. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ₹1,687 crore
2. [Insolation Energy Ltd](https://www.sectoralpha.in/stocks/insolation-energy-ltd) ₹1,518 crore
3. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) ₹1,452 crore
4. Servotech Renewable Power System Ltd ₹1,402 crore
5. [IKIO Technologies Ltd](https://www.sectoralpha.in/stocks/ikio-technologies-ltd) ₹1,244 crore
6. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) ₹1,122 crore
7. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) ₹1,117 crore

[All 19 Capital Goods - Electric General companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-electric-general#all-companies)

### Companies close in size in other industries

1. [Rajputana Stainless Ltd](https://www.sectoralpha.in/stocks/rajputana-stainless-ltd) ₹1,406 crore · Steel
2. [Rajesh Power Services Ltd](https://www.sectoralpha.in/stocks/rajesh-power-services-ltd) ₹1,405 crore
3. Servotech Renewable Power System Ltd ₹1,402 crore
4. [Mahanagar Telephone Nigam Ltd](https://www.sectoralpha.in/stocks/mahanagar-telephone-nigam-ltd) ₹1,400 crore · Telecom Services
5. [Bharat Parenterals Ltd](https://www.sectoralpha.in/stocks/bharat-parenterals-ltd) ₹1,399 crore · Pharma - Formulators

## What else do people ask about Servotech Renewable Power System? ### What is Servotech Renewable Power System's share price today? Servotech Renewable Power System Ltd's share price is ₹63.67, −47.4% over the past year. The whole company is worth ₹1,437 Cr on the market. In the last 52 weeks it traded between ₹60 to ₹116; today it is 7% of the way up from the low, 25.9% below its 200-day average (as of 3 November 2026). ### What were Servotech Renewable Power System's latest quarterly results? Servotech Renewable Power System Ltd reported revenue of ₹216 Cr and net profit of ₹8.1 Cr for the Jun 2026 quarter. Revenue rose 57.8% and profit rose 77.1% compared with a year earlier. Earnings per share were ₹0.41 (as of 3 November 2026). ### What is Servotech Renewable Power System's market cap? Servotech Renewable Power System Ltd's market capitalisation is ₹1,437 Cr at a share price of ₹63.67. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Servotech Renewable Power System performing? Servotech Renewable Power System Ltd's share price has been falling for 11 weeks. In its latest quarter, revenue rose 57.8% and profit rose 77.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 18 weeks running (as of 3 November 2026). ### Will Servotech Renewable Power System's share price go up? This page does not forecast Servotech Renewable Power System Ltd's share price. What it shows instead: the share price is ₹63.67, and it has been falling for 11 weeks. Its P/E of 38.4× is higher than 6% of its own last 5 years (as of 3 November 2026). ### Who owns Servotech Renewable Power System? Promoters own 58.6% of Servotech Renewable Power System Ltd, foreign institutions 0.3%, domestic institutions, and the public 41.1% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 5.7 percentage points over 8 quarters (as of 3 November 2026). ### Where is Servotech Renewable Power System in its business cycle? Servotech Renewable Power System Ltd's FY26 operating margin was 10.0%, against a 13-year range of 5.0% to 10.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 9.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Servotech Renewable Power System story? The main question: profits are rising, but only −73% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Servotech Renewable Power System a stock worth studying right now? What the numbers show: Servotech Renewable Power System Ltd's earnings have grown faster than its share price. Earnings per share grew +2.1% in a year while the price moved −47.4%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Servotech Renewable Power System share price forecast for 2026? What management itself guided: FY27 revenue and margins expected to improve year on year as Q1 momentum continues and business quantum rises; no numerical range or goal. ## Lists

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