Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹112, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 29x in the Electrical industry in India. Total returns to shareholders of 64% over the past three years. New Risk • May 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹1.49 (vs ₹1.46 in FY 2025) Full year 2026 results: EPS: ₹1.49 (up from ₹1.46 in FY 2025). Revenue: ₹6.75b (flat on FY 2025). Net income: ₹335.5m (up 2.5% from FY 2025). Profit margin: 5.0% (up from 4.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹97.17, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 30x in the Electrical industry in India. Total returns to shareholders of 261% over the past three years. Announcement • Apr 16
Servotech Renewable Power System Limited to Report Q4, 2026 Results on Apr 30, 2026 Servotech Renewable Power System Limited announced that they will report Q4, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹79.97, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 26x in the Electrical industry in India. Total returns to shareholders of 223% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹79.73, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 25x in the Electrical industry in India. Total returns to shareholders of 270% over the past three years. Reported Earnings • Feb 02
Third quarter 2026 earnings released: EPS: ₹0.65 (vs ₹0.36 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.65 (up from ₹0.36 in 3Q 2025). Revenue: ₹2.12b (down 2.2% from 3Q 2025). Net income: ₹147.0m (up 85% from 3Q 2025). Profit margin: 7.0% (up from 3.7% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹59.52, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 25x in the Electrical industry in India. Total returns to shareholders of 170% over the past three years. Announcement • Jan 15
Servotech Renewable Power System Limited to Report Q3, 2026 Results on Jan 30, 2026 Servotech Renewable Power System Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 10
Second quarter 2026 earnings released: EPS: ₹0.06 (vs ₹0.51 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.06 (down from ₹0.51 in 2Q 2025). Revenue: ₹1.08b (down 46% from 2Q 2025). Net income: ₹13.3m (down 88% from 2Q 2025). Profit margin: 1.2% (down from 5.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Sep 17
Dividend of ₹0.05 announced Dividend of ₹0.05 is the same as last year. Ex-date: 23rd September 2025 Payment date: 30th October 2025 Dividend yield will be 0.04%, which is lower than the industry average of 0.4%. Announcement • Sep 16
Servotech Renewable Power System Limited announces Annual dividend, payable on October 30, 2025 Servotech Renewable Power System Limited announced Annual dividend of INR 0.0500 per share payable on October 30, 2025, ex-date on September 23, 2025 and record date on September 23, 2025. Announcement • Sep 03
Servotech Renewable Power System Limited, Annual General Meeting, Sep 30, 2025 Servotech Renewable Power System Limited, Annual General Meeting, Sep 30, 2025. Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹0.23 (vs ₹0.20 in 1Q 2025) First quarter 2026 results: EPS: ₹0.23 (up from ₹0.20 in 1Q 2025). Revenue: ₹1.38b (up 23% from 1Q 2025). Net income: ₹52.4m (up 17% from 1Q 2025). Profit margin: 3.8% (down from 4.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 178% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 22
Third quarter 2025 earnings released: EPS: ₹0.36 (vs ₹0.05 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.36 (up from ₹0.05 in 3Q 2024). Revenue: ₹2.17b (up 317% from 3Q 2024). Net income: ₹79.6m (up ₹68.5m from 3Q 2024). Profit margin: 3.7% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 11
Founder recently sold ₹4.5m worth of stock On the 4th of December, Raman Bhatia sold around 25k shares on-market at roughly ₹178 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.5m. Raman has been a net seller over the last 12 months, reducing personal holdings by ₹114m. Recent Insider Transactions • Dec 03
Founder recently sold ₹4.5m worth of stock On the 29th of November, Raman Bhatia sold around 25k shares on-market at roughly ₹182 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Raman has been a net seller over the last 12 months, reducing personal holdings by ₹109m. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.15 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.51 (up from ₹0.15 in 2Q 2024). Revenue: ₹2.00b (up 133% from 2Q 2024). Net income: ₹113.1m (up 263% from 2Q 2024). Profit margin: 5.7% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 360% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Servotech Power Systems Limited Approves Final Dividend for the Financial Year 2023-24 Servotech Power Systems Limited announced at annual general meeting held on September 27 September, 2024 approved final dividend on equity shares of INR 0.05 per equity share of face value of INR 1 of the Company as recommended by Board for the financial year 2023-24. Upcoming Dividend • Sep 13
Upcoming dividend of ₹0.05 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 27 October 2024. Payout ratio is a comfortable 9.3% but the company is not cash flow positive. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 0.3%. New Risk • Sep 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin). Significant insider selling over the past 3 months (₹105m sold). Declared Dividend • Aug 28
Dividend of ₹0.05 announced Shareholders will receive a dividend of ₹0.05. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 0.03%, which is lower than the industry average of 0.4%. Sustainability & Growth The dividend has increased by an average of 171% per year over the past 3 years and payments have been stable during that time. Announcement • Aug 26
Servotech Power Systems Limited, Annual General Meeting, Sep 27, 2024 Servotech Power Systems Limited, Annual General Meeting, Sep 27, 2024. Recent Insider Transactions • Aug 10
MD & Executive Chairman recently sold ₹105m worth of stock On the 7th of August, Raman Bhatia sold around 800k shares on-market at roughly ₹131 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Raman has been a net seller over the last 12 months, reducing personal holdings by ₹105m. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹0.20 (vs ₹0.20 in 1Q 2024) First quarter 2025 results: EPS: ₹0.20 (up from ₹0.20 in 1Q 2024). Revenue: ₹1.12b (up 41% from 1Q 2024). Net income: ₹44.8m (up 9.0% from 1Q 2024). Profit margin: 4.0% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 273% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-executive Independent Director Meenakshisundaram Kolandaivel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 10
Full year 2024 earnings released: EPS: ₹0.54 (vs ₹0.52 in FY 2023) Full year 2024 results: EPS: ₹0.54 (up from ₹0.52 in FY 2023). Revenue: ₹3.55b (up 28% from FY 2023). Net income: ₹117.6m (up 6.3% from FY 2023). Profit margin: 3.3% (down from 4.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 241% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.18 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.05 (down from ₹0.18 in 3Q 2023). Revenue: ₹522.1m (down 37% from 3Q 2023). Net income: ₹11.1m (down 71% from 3Q 2023). Profit margin: 2.1% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has increased by 267% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Announcement • Sep 08
Servotech Power Systems Limited, Annual General Meeting, Sep 30, 2023 Servotech Power Systems Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the company for the year ended on 31st march 2023, together with the report of the board of directors and auditors thereon; to declare dividend on equity shares for the year ended on 31 march 2023; and to consider other business matters. New Risk • Jul 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). Reported Earnings • Jul 22
First quarter 2024 earnings released: EPS: ₹0.39 (vs ₹0.038 in 1Q 2023) First quarter 2024 results: EPS: ₹0.39 (up from ₹0.038 in 1Q 2023). Revenue: ₹798.1m (up 151% from 1Q 2023). Net income: ₹41.0m (up ₹37.5m from 1Q 2023). Profit margin: 5.1% (up from 1.1% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 241% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). New Risk • Jun 30
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Recent Insider Transactions • Jun 13
MD & Executive Chairman recently sold ₹321k worth of stock On the 9th of June, Raman Bhatia sold around 3k shares on-market at roughly ₹128 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Raman has been a net seller over the last 12 months, reducing personal holdings by ₹952k. Recent Insider Transactions • May 26
MD & Executive Chairman recently bought ₹92k worth of stock On the 23rd of May, Raman Bhatia bought around 1k shares on-market at roughly ₹91.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Raman has been a net seller over the last 12 months, reducing personal holdings by ₹631k. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹41.60, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 2,231% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹42.85, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 1,693% over the past three years. Recent Insider Transactions • Feb 01
MD & Executive Chairman recently bought ₹66k worth of stock On the 27th of January, Raman Bhatia bought around 300 shares on-market at roughly ₹222 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹120k. Despite this recent buy, Raman has been a net seller over the last 12 months, reducing personal holdings by ₹670k. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹222, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 2,381% over the past three years. Upcoming Dividend • Jan 27
Upcoming dividend of ₹0.20 per share at 0.1% yield Eligible shareholders must have bought the stock before 03 February 2023. Payment date: 20 February 2023. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.6%). Reported Earnings • Jan 23
Third quarter 2023 earnings released: EPS: ₹1.82 (vs ₹0.59 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.82 (up from ₹0.59 in 3Q 2022). Revenue: ₹863.6m (up 108% from 3Q 2022). Net income: ₹38.6m (up 263% from 3Q 2022). Profit margin: 4.5% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 196% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 20
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹0.42. Net income: ₹7.83m (up ₹7.83m from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 147% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Nov 18
MD & Executive Chairman recently bought ₹120k worth of stock On the 16th of November, Raman Bhatia bought around 735 shares on-market at roughly ₹164 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raman has been a buyer over the last 12 months, purchasing a net total of ₹291k worth in shares. Announcement • Sep 08
Servotech Power Systems Limited, Annual General Meeting, Sep 30, 2022 Servotech Power Systems Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Agenda: To approve the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022, together with the Reports of the Board of Directors and the Auditors thereon; to appoint a Director in place of Mr. Nimesh Malhotra, who retires by rotation and being eligible offers, himself for re-appointment; to confirm the Interim Divided already paid; and to discuss other matters. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₹69.90, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 487% over the past three years. Recent Insider Transactions • Aug 20
MD & Executive Chairman recently sold ₹357k worth of stock On the 17th of August, Raman Bhatia sold around 6k shares on-market at roughly ₹59.56 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Raman has been a buyer over the last 12 months, purchasing a net total of ₹905k worth of shares. Reported Earnings • Aug 11
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹0.19. Revenue: ₹320.7m (up 23% from 1Q 2022). Net income: ₹3.55m (down 58% from 1Q 2022). Profit margin: 1.1% (down from 3.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹60.55, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 364% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹63.70, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 358% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹79.75, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 381% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 16% share price gain to ₹96.70, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 455% over the past three years. Recent Insider Transactions • Feb 25
MD & Executive Chairman recently bought ₹53k worth of stock On the 22nd of February, Raman Bhatia bought around 490 shares on-market at roughly ₹109 per share. In the last 3 months, they made an even bigger purchase worth ₹702k. Raman has been a buyer over the last 12 months, purchasing a net total of ₹1.3m worth in shares. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.59 (down from ₹0.76 in 3Q 2021). Revenue: ₹414.3m (up 17% from 3Q 2021). Net income: ₹10.6m (down 23% from 3Q 2021). Profit margin: 2.6% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
Servotech Power Systems Limited to Report Q3, 2022 Results on Feb 01, 2022 Servotech Power Systems Limited announced that they will report Q3, 2022 results on Feb 01, 2022 Buying Opportunity • Feb 02
Now 23% undervalued Over the last 90 days, the stock is up 401%. The fair value is estimated to be ₹130, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last year. The company has become profitable over the last year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improved over the past week After last week's 23% share price gain to ₹108, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 372% over the past three years. Buying Opportunity • Jan 13
Now 21% undervalued Over the last 90 days, the stock is up 322%. The fair value is estimated to be ₹129, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last year. The company has become profitable over the last year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 22% share price gain to ₹72.05, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 155% over the past three years. Recent Insider Transactions • Dec 24
Whole-Time Director recently bought ₹61k worth of stock On the 22nd of December, Sarika Bhatia bought around 1k shares on-market at roughly ₹61.40 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹702k. Insiders have collectively bought ₹1.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 14
MD & Executive Chairman recently bought ₹703k worth of stock On the 13th of December, Raman Bhatia bought around 15k shares on-market at roughly ₹46.86 per share. This was the largest purchase by an insider in the last 3 months. Raman has been a buyer over the last 12 months, purchasing a net total of ₹1.3m worth in shares. Recent Insider Transactions • Nov 21
MD & Executive Chairman recently bought ₹149k worth of stock On the 19th of November, Raman Bhatia bought around 6k shares on-market at roughly ₹24.75 per share. This was the largest purchase by an insider in the last 3 months. Raman has been a buyer over the last 12 months, purchasing a net total of ₹406k worth in shares. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₹24.70, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹21.10, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 31x in the Electrical industry in India. Total loss to shareholders of 4.1% over the past three years. Board Change • Sep 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive Independent Director Sahil Khurana was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 12
Full year 2021 earnings released: EPS ₹0.50 (vs ₹0.44 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹885.7m (up 1.0% from FY 2020). Net income: ₹9.22m (up 13% from FY 2020). Profit margin: 1.0% (up from 0.9% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Sep 08
MD & Executive Chairman recently sold ₹79k worth of stock On the 6th of September, Raman Bhatia sold around 3k shares on-market at roughly ₹26.43 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Raman has been a buyer over the last 12 months, purchasing a net total of ₹33k worth of shares. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₹20.50, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 28x in the Electrical industry in India. Total loss to shareholders of 32% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.50 (vs ₹0.44 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹889.0m (up 1.4% from FY 2020). Net income: ₹9.22m (up 13% from FY 2020). Profit margin: 1.0% (up from 0.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.