India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,608 Raman Bhatia ₹1,200 Cr
Market Cap
₹1,470 Cr
SERVOTECH · NSE
Share Price
₹63.30
-2.76% today
Revenue
₹672 Cr
FY 2025-26 · -0.4% YoY
EBITDA
₹67.23 Cr
Margin 10.0%
Net Profit
₹33.61 Cr
FY 2025-26 · +2.7% YoY
P/E (TTM)
39.9x
P/B 5.9x
ROE
12.2%
ROCE 12.9%
Debt / Equity
0.57
Interest cover 24.8x
About Servotech Renewable Power System Limited
Data last updated:
Servotech Renewable Power System Limited is a public limited company based in Sonipat, Haryana, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 September 2004 and has been in existence for over 22 years.
Its director Raman Bhatia is #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L31200HR2004PLC136025. Its GSTIN is 06AAICS5470K1ZZ (Haryana). The company holds 6 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on NSE: SERVOTECH.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.58 Cr. It was formerly known as Servotech Power Systems Private Limited. It is led by directors including Raman Bhatia (Managing Director) and Sarika Bhatia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sonipat, Haryana.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹671.64 Cr, a decline of 0.4% compared to the previous year. For the same year it recorded a net profit of ₹33.61 Cr (net margin 5%) and EBITDA of ₹67.23 Cr (EBITDA margin 10%). The net worth stands at ₹287.96 Cr (up 21.7% YoY). Total assets are valued at ₹518.68 Cr (up 59.2% YoY).
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Servoteh. As per MCA filings, the company has open charges of ₹466.59 Cr and satisfied charges of ₹39.82 Cr on record. Court records list 21 cases involving the company, including 16 filed by the company and 5 filed against it; 7 cases are pending. The company has 12 deals on record (11 market trades, 1 ipo); the latest was in February 2024. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Califonix Tech and Manufacturing Private Limited with revenue of ₹732.13 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 752 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website servotech.in.
Company details
CIN L31200HR2004PLC136025
Registration Number 136025
Incorporation Date 24 September 2004
ROC Haryana
Listing Status Listed - Listed on NSE (SERVOTECH)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Servotech Renewable Power System has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31200HR2004PLC136025, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31200HR2004PLC136025 | Current |
| U31200DL2004PLC129379 | Previous |
| L31200DL2004PLC129379 | Previous |
| U31200DL2004PTC129379 | Previous |
Key People
Raman Bhatia Managing Director Sarika Bhatia Whole-Time Director Mrityunjay Kumar Jha Whole-Time Director Recognitions & Rankings of Servotech Renewable Power System
Contact details
Servotech Renewable Power System Limited's registered office is in Sonipat, Haryana.
- Social Media
- Registered AddressKhata No. 1970 Khewat No. 1672, Khasra No. 21/20/2/2 Revenue Estate Kundli, Sonipat, Haryana, India – 131029
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
Servotech Renewable Power System Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Servotech Renewable Power System operates one associated brand: Servoteh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | servotech.in |
Business activity
The main business activities of Servotech Renewable Power System are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Servotech Renewable Power System Limited, buy the company report.
Financials of Servotech Renewable Power System Limited
FY 2025-26 filings availableServotech Renewable Power System Limited reported revenue of ₹671.64 Cr (down 0.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹672 Cr
-0.4% YoY
EBITDA
₹67.23 Cr
+21.0% YoY
Profit After Tax
₹33.61 Cr
+2.7% YoY
Net Worth
₹288 Cr
+21.7% YoY
Total Assets
₹519 Cr
+59.2% YoY
Total Debt
₹211 Cr
+171.6% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 672 | 674 | 354 | 278 | 144 |
| Revenue growth | -0.4% | +90.7% | +27.0% | +93.8% | - |
| EBITDA | 67.23 | 55.57 | 20.78 | 18.77 | 9.04 |
| EBITDA margin | +10.0% | +8.2% | +5.9% | +6.7% | +6.3% |
| Profit before tax | 40.43 | 44.79 | 16.16 | 14.42 | 5.59 |
| Net profit | 33.61 | 32.72 | 11.32 | 11.03 | 4.08 |
| Net profit margin | +5.0% | +4.9% | +3.2% | +4.0% | +2.8% |
| EPS (₹) | 1.49 | 1.46 | 0.54 | 1.04 | 2.16 |
| Balance sheet | |||||
| Total assets | 519 | 326 | 222 | 127 | 70.34 |
| Net worth | 288 | 237 | 142 | 82.10 | 46.28 |
| Total debt | 211 | 77.86 | 72.76 | 42.31 | 19.21 |
| Cash & bank | 70.71 | 42.54 | 66.43 | 16.25 | 7.96 |
| Net working capital | 306 | 227 | 160 | 87.84 | 36.23 |
| Cash flow | |||||
| Cash from operations | (1.94) | (55.41) | 0.76 | (24.28) | 7.51 |
| Cash from investing | (114) | (16.31) | (25.98) | (12.88) | (2.40) |
| Cash from financing | 144 | 47.84 | 75.39 | 45.45 | (0.54) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 216 | 217 | 211 | 106 | 137 | 146 | 216 | 200 |
| Revenue growth (YoY) | +57.8% | +48.6% | -2.4% | -46.7% | +21.9% | - | - | - |
| Other income | 0.51 | 1.67 | 0.47 | 1.16 | 0.42 | 1.18 | 0.53 | 0.40 |
| EBITDA | 20.44 | 22.53 | 28.00 | 6.28 | 10.41 | 12.20 | 16.20 | 18.89 |
| EBITDA margin | +9.5% | +10.4% | +13.3% | +5.9% | +7.6% | +8.3% | +7.5% | +9.5% |
| Depreciation | 5.54 | 7.06 | 4.81 | 4.32 | 2.21 | 1.90 | 1.52 | 1.49 |
| Interest | 4.79 | 4.10 | 3.38 | 2.60 | 2.05 | 0.98 | 2.38 | 2.48 |
| Profit before tax | 10.62 | 13.04 | 20.28 | 0.52 | 6.57 | 10.50 | 12.83 | 15.32 |
| Tax | 2.67 | 2.55 | 4.91 | 0.13 | 2.02 | 2.79 | 3.63 | 4.09 |
| Net profit | 7.95 | 10.49 | 15.37 | 0.39 | 4.55 | 7.71 | 9.20 | 11.23 |
| EPS (₹) | 0.41 | 0.53 | 0.63 | 0.06 | 0.23 | 0.34 | 0.36 | 0.51 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 637 | 587 | 306 | 249 | 134 | 87.00 | 87.44 |
| Revenue growth | +8.4% | +92.1% | +22.7% | +86.4% | +53.7% | -0.5% | - |
| EBITDA | 69.25 | 56.82 | 20.26 | 17.82 | 8.52 | 4.60 | 4.36 |
| EBITDA margin | +10.9% | +9.7% | +6.6% | +7.2% | +6.4% | +5.3% | +5.0% |
| Profit before tax | 47.36 | 45.29 | 15.54 | 13.76 | 5.06 | 1.14 | 1.15 |
| Net profit | 34.62 | 33.47 | 10.90 | 10.57 | 3.70 | 1.08 | 0.89 |
| Net profit margin | +5.4% | +5.7% | +3.6% | +4.2% | +2.8% | +1.2% | +1.0% |
| EPS (₹) | 1.61 | 1.49 | 0.52 | 0.99 | 1.96 | 0.50 | 0.44 |
| Balance sheet | |||||||
| Total assets | 477 | 313 | 216 | 125 | 69.92 | 79.71 | 57.82 |
| Net worth | 267 | 225 | 129 | 81.22 | 45.88 | 39.43 | 36.83 |
| Total debt | 198 | 77.84 | 80.81 | 42.28 | 19.20 | 25.06 | 18.70 |
| Cash & bank | 64.54 | 31.86 | 60.05 | 14.99 | 7.80 | 3.39 | 3.14 |
| Net working capital | 302 | 214 | 153 | 84.26 | 35.68 | 47.40 | 39.87 |
| Cash flow | |||||||
| Cash from operations | (10.59) | (50.99) | (1.17) | (26.60) | 13.24 | 1.21 | 2.74 |
| Cash from investing | (71.47) | (16.29) | (24.16) | (11.66) | (8.28) | 0.25 | (1.88) |
| Cash from financing | 115 | 39.09 | 70.39 | 45.45 | (0.55) | (1.21) | (0.63) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 210 | 202 | 102 | 123 | 126 | 181 | 182 |
| Revenue growth (YoY) | +68.2% | +66.2% | +11.2% | -44.1% | +26.6% | - | - | - |
| Other income | 0.51 | 1.56 | 0.75 | 0.93 | 1.69 | 0.61 | 0.53 | 0.41 |
| Total expenses | 185 | 188 | 175 | 93.18 | 111 | 113 | 165 | 163 |
| EBITDA | 22.67 | 21.63 | 26.27 | 8.82 | 12.54 | 13.02 | 16.44 | 18.90 |
| EBITDA margin | +10.9% | +10.3% | +13.0% | +8.6% | +10.2% | +10.3% | +9.1% | +10.4% |
| Depreciation | 3.81 | 4.38 | 4.24 | 4.04 | 2.14 | 1.71 | 1.50 | 1.47 |
| Interest | 4.49 | 3.92 | 3.45 | 2.60 | 2.05 | 1.41 | 2.38 | 2.48 |
| Profit before tax | 14.88 | 14.89 | 19.33 | 3.11 | 10.04 | 10.51 | 13.09 | 15.36 |
| Tax | 3.77 | 3.16 | 4.63 | 0.83 | 2.49 | 2.66 | 3.59 | 4.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 216 | 217 | 211 | 106 | 137 | 146 | 216 | 200 |
| Revenue growth (YoY) | +57.8% | +48.6% | -2.4% | -46.7% | +21.9% | - | - | - |
| Other income | 0.51 | 1.67 | 0.47 | 1.16 | 0.42 | 1.18 | 0.53 | 0.40 |
| EBITDA | 20.44 | 22.53 | 28.00 | 6.28 | 10.41 | 12.20 | 16.20 | 18.89 |
| EBITDA margin | +9.5% | +10.4% | +13.3% | +5.9% | +7.6% | +8.3% | +7.5% | +9.5% |
| Depreciation | 5.54 | 7.06 | 4.81 | 4.32 | 2.21 | 1.90 | 1.52 | 1.49 |
| Interest | 4.79 | 4.10 | 3.38 | 2.60 | 2.05 | 0.98 | 2.38 | 2.48 |
| Profit before tax | 10.62 | 13.04 | 20.28 | 0.52 | 6.57 | 10.50 | 12.83 | 15.32 |
| Tax | 2.67 | 2.55 | 4.91 | 0.13 | 2.02 | 2.79 | 3.63 | 4.09 |
| Net profit | 7.95 | 10.49 | 15.37 | 0.39 | 4.55 | 7.71 | 9.20 | 11.23 |
| EPS (₹) | 0.41 | 0.53 | 0.63 | 0.06 | 0.23 | 0.34 | 0.36 | 0.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 672 | 674 | 354 | 278 | 144 |
| Revenue growth | -0.4% | +90.7% | +27.0% | +93.8% | - |
| Other income | 3.73 | 2.36 | 1.61 | 0.61 | 0.58 |
| Total expenses | 604 | 619 | 333 | 260 | 135 |
| Employee cost | 25.89 | 16.81 | 12.59 | 8.90 | 4.79 |
| EBITDA | 67.23 | 55.57 | 20.78 | 18.77 | 9.04 |
| EBITDA margin | +10.0% | +8.2% | +5.9% | +6.7% | +6.3% |
| Depreciation | 18.40 | 5.87 | 3.04 | 2.13 | 1.58 |
| Interest | 12.13 | 7.27 | 3.19 | 2.83 | 2.45 |
| Profit before tax | 40.43 | 44.79 | 16.16 | 14.42 | 5.59 |
| Tax | 9.62 | 12.17 | 4.37 | 3.37 | 1.53 |
| Net profit | 33.61 | 32.72 | 11.32 | 11.03 | 4.08 |
| Net profit margin | +5.0% | +4.9% | +3.2% | +4.0% | +2.8% |
| EPS (₹) | 1.49 | 1.46 | 0.54 | 1.04 | 2.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 22.58 | 22.46 | 21.69 | 21.27 | 18.67 |
| Reserves & surplus | 241 | 187 | 82.85 | 59.84 | 27.61 |
| Shareholders' funds (net worth) | 288 | 237 | 142 | 82.10 | 46.28 |
| Minority interest | 7.90 | 1.02 | 0.24 | 0.08 | 0.00 |
| Secured loans | 197 | 70.32 | 69.36 | 41.07 | 17.76 |
| Unsecured loans | 13.96 | 7.54 | 3.40 | 1.24 | 1.45 |
| Total debt | 211 | 77.86 | 72.76 | 42.31 | 19.21 |
| Total liabilities | 519 | 326 | 222 | 127 | 70.34 |
| Assets | |||||
| Gross block | 189 | 83.10 | 40.56 | 30.71 | 18.97 |
| Net block | 156 | 68.61 | 31.59 | 22.14 | 11.80 |
| Capital work in progress | 0.74 | 3.16 | 14.66 | 0.51 | 0.00 |
| Investments | 13.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 59.85 | 70.55 | 38.92 | 20.86 | 13.78 |
| Sundry debtors | 219 | 145 | 86.42 | 85.56 | 27.66 |
| Cash & bank balances | 70.71 | 42.54 | 66.43 | 16.25 | 7.96 |
| Loans & advances | 122 | 42.38 | 22.68 | 5.41 | 5.89 |
| Total current assets | 472 | 301 | 214 | 128 | 55.29 |
| Total current liabilities | 166 | 73.76 | 54.13 | 40.24 | 19.06 |
| Net working capital | 306 | 227 | 160 | 87.84 | 36.23 |
| Total assets | 519 | 326 | 222 | 127 | 70.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 42.54 | 66.43 | 16.25 | 7.96 | 3.39 |
| Net cash from operating activities | (1.94) | (55.41) | 0.76 | (24.28) | 7.51 |
| Net cash from investing activities | (114) | (16.31) | (25.98) | (12.88) | (2.40) |
| Net cash from financing activities | 144 | 47.84 | 75.39 | 45.45 | (0.54) |
| Net change in cash | 28.17 | (23.88) | 50.17 | 8.30 | 4.56 |
| Closing cash | 70.71 | 42.54 | 66.43 | 16.25 | 7.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -0.4% | +90.7% | +27.0% | +93.8% | - |
| EBITDA growth | +21.0% | +167.4% | +10.7% | +107.6% | - |
| PBT growth | -9.7% | +177.2% | +12.1% | +158.0% | +9997.0% |
| Net income growth | +2.7% | +189.1% | +2.6% | +170.3% | - |
| Revenue CAGR (3Y) | +34.1% | +67.4% | - | - | - |
| EBITDA CAGR (3Y) | +53.0% | +83.2% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +4.6% | +4.8% | +3.3% | +4.0% | +2.8% |
| Return on capital employed | +12.9% | +19.4% | +11.1% | +17.6% | +11.4% |
| Return on net worth | +12.2% | +17.7% | +10.5% | +17.3% | +8.8% |
| Debt / equity | 0.57 | 0.41 | 0.51 | 0.48 | 0.42 |
| Long-term debt / equity | 0.14 | 0.08 | 0.09 | 0.11 | 0.14 |
| Interest cover | 24.84 | 14.63 | 17.98 | 17.01 | 32.84 |
| Efficiency & per share | |||||
| Fixed asset turnover | 5.66 | 12.84 | 9.93 | 12.10 | 7.57 |
| Inventory turnover | 10.93 | 13.34 | 11.83 | 17.35 | 10.43 |
| Debtors turnover | 3.91 | 6.30 | 4.11 | 5.31 | 5.19 |
| EPS (₹) | 1.49 | 1.46 | 0.54 | 1.04 | 2.16 |
| Dividend per share (₹) | 0.02 | 0.05 | 0.05 | 0.24 | 0.20 |
| Book value per share (₹) | 11.23 | 8.89 | 4.82 | 7.63 | 24.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 210 | 202 | 102 | 123 | 126 | 181 | 182 |
| Revenue growth (YoY) | +68.2% | +66.2% | +11.2% | -44.1% | +26.6% | - | - | - |
| Other income | 0.51 | 1.56 | 0.75 | 0.93 | 1.69 | 0.61 | 0.53 | 0.41 |
| Total expenses | 185 | 188 | 175 | 93.18 | 111 | 113 | 165 | 163 |
| EBITDA | 22.67 | 21.63 | 26.27 | 8.82 | 12.54 | 13.02 | 16.44 | 18.90 |
| EBITDA margin | +10.9% | +10.3% | +13.0% | +8.6% | +10.2% | +10.3% | +9.1% | +10.4% |
| Depreciation | 3.81 | 4.38 | 4.24 | 4.04 | 2.14 | 1.71 | 1.50 | 1.47 |
| Interest | 4.49 | 3.92 | 3.45 | 2.60 | 2.05 | 1.41 | 2.38 | 2.48 |
| Profit before tax | 14.88 | 14.89 | 19.33 | 3.11 | 10.04 | 10.51 | 13.09 | 15.36 |
| Tax | 3.77 | 3.16 | 4.63 | 0.83 | 2.49 | 2.66 | 3.59 | 4.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 637 | 587 | 306 | 249 | 134 | 87.00 | 87.44 |
| Revenue growth | +8.4% | +92.1% | +22.7% | +86.4% | +53.7% | -0.5% | - |
| Other income | 4.93 | 1.81 | 1.51 | 0.85 | 0.56 | 0.91 | 0.45 |
| Total expenses | 567 | 530 | 285 | 231 | 125 | 82.40 | 83.08 |
| Employee cost | 21.29 | 14.11 | 11.94 | 8.67 | 4.67 | 3.47 | 4.09 |
| EBITDA | 69.25 | 56.82 | 20.26 | 17.82 | 8.52 | 4.60 | 4.36 |
| EBITDA margin | +10.9% | +9.7% | +6.6% | +7.2% | +6.4% | +5.3% | +5.0% |
| Depreciation | 14.80 | 5.64 | 2.98 | 2.09 | 1.57 | 1.47 | 0.89 |
| Interest | 12.02 | 7.70 | 3.25 | 2.82 | 2.45 | 2.90 | 2.77 |
| Profit before tax | 47.36 | 45.29 | 15.54 | 13.76 | 5.06 | 1.14 | 1.15 |
| Tax | 11.11 | 11.82 | 4.21 | 3.19 | 1.40 | 0.23 | 0.32 |
| Net profit | 34.62 | 33.47 | 10.90 | 10.57 | 3.70 | 1.08 | 0.89 |
| Net profit margin | +5.4% | +5.7% | +3.6% | +4.2% | +2.8% | +1.2% | +1.0% |
| EPS (₹) | 1.61 | 1.49 | 0.52 | 0.99 | 1.96 | 0.50 | 0.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 22.58 | 22.46 | 21.69 | 21.27 | 18.67 | 18.31 | 18.31 |
| Reserves & surplus | 220 | 175 | 69.57 | 58.96 | 27.21 | 21.12 | 18.52 |
| Shareholders' funds (net worth) | 267 | 225 | 129 | 81.22 | 45.88 | 39.43 | 36.83 |
| Secured loans | 196 | 75.12 | 69.36 | 41.05 | 17.76 | 21.68 | 16.56 |
| Unsecured loans | 2.15 | 2.72 | 11.45 | 1.23 | 1.44 | 3.38 | 2.14 |
| Total debt | 198 | 77.84 | 80.81 | 42.28 | 19.20 | 25.06 | 18.70 |
| Total liabilities | 477 | 313 | 216 | 125 | 69.92 | 79.71 | 57.82 |
| Assets | |||||||
| Gross block | 148 | 81.18 | 40.43 | 29.54 | 18.95 | 16.38 | 13.59 |
| Net block | 119 | 66.92 | 31.57 | 21.02 | 11.79 | 10.76 | 8.42 |
| Capital work in progress | 0.00 | 2.75 | 14.47 | 0.49 | 0.00 | 0.00 | 0.00 |
| Investments | 14.21 | 2.05 | 1.31 | 0.27 | 0.14 | 0.00 | 0.00 |
| Inventories | 55.54 | 61.91 | 33.70 | 14.58 | 12.19 | 15.26 | 9.09 |
| Sundry debtors | 209 | 141 | 80.63 | 78.56 | 27.27 | 40.39 | 43.26 |
| Cash & bank balances | 64.54 | 31.86 | 60.05 | 14.99 | 7.80 | 3.39 | 3.14 |
| Loans & advances | 116 | 41.13 | 20.55 | 4.26 | 5.26 | 6.97 | 5.65 |
| Total current assets | 445 | 276 | 195 | 112 | 52.52 | 66.01 | 61.14 |
| Total current liabilities | 143 | 61.34 | 41.60 | 28.13 | 16.84 | 18.61 | 21.27 |
| Net working capital | 302 | 214 | 153 | 84.26 | 35.68 | 47.40 | 39.87 |
| Total assets | 477 | 313 | 216 | 125 | 69.92 | 79.71 | 57.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 31.86 | 60.05 | 14.99 | 7.80 | 3.40 | 3.14 | 2.91 |
| Net cash from operating activities | (10.59) | (50.99) | (1.17) | (26.60) | 13.24 | 1.21 | 2.74 |
| Net cash from investing activities | (71.47) | (16.29) | (24.16) | (11.66) | (8.28) | 0.25 | (1.88) |
| Net cash from financing activities | 115 | 39.09 | 70.39 | 45.45 | (0.55) | (1.21) | (0.63) |
| Net change in cash | 32.69 | (28.19) | 45.05 | 7.19 | 4.41 | 0.25 | 0.24 |
| Closing cash | 64.54 | 31.86 | 60.05 | 14.99 | 7.80 | 3.39 | 3.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.4% | +92.1% | +22.7% | +86.4% | +53.7% | -0.5% | - |
| EBITDA growth | +21.9% | +180.5% | +13.7% | +109.2% | +85.2% | +5.5% | - |
| PBT growth | +4.6% | +191.4% | +12.9% | +171.9% | +343.9% | -0.9% | -72.5% |
| Net income growth | +3.4% | +207.1% | +3.1% | +185.7% | +242.6% | +21.4% | - |
| Revenue CAGR (3Y) | +36.7% | +63.8% | +52.0% | +41.8% | +14.7% | -8.5% | +2.6% |
| EBITDA CAGR (3Y) | +57.2% | +88.2% | +63.9% | +59.9% | +7.0% | -14.8% | -19.0% |
| Profitability & leverage | |||||||
| Net income margin | +5.7% | +5.7% | +3.7% | +4.2% | +2.7% | +1.1% | +1.0% |
| Return on capital employed | +15.4% | +20.4% | +11.0% | +17.0% | +10.0% | +6.2% | +6.9% |
| Return on net worth | +15.4% | +19.5% | +10.8% | +16.6% | +8.6% | +2.9% | +2.2% |
| Debt / equity | 0.59 | 0.46 | 0.59 | 0.48 | 0.52 | 0.57 | 0.47 |
| Long-term debt / equity | 0.13 | 0.08 | 0.10 | 0.11 | 0.16 | 0.15 | 0.15 |
| Interest cover | 22.08 | 15.04 | 18.81 | 17.93 | 35.25 | 92.65 | 79.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.67 | 11.24 | 9.39 | 10.28 | 8.03 | 6.34 | 7.28 |
| Inventory turnover | 11.88 | 13.13 | 13.60 | 18.61 | 10.33 | 7.81 | 9.16 |
| Debtors turnover | 3.99 | 5.67 | 4.13 | 4.71 | 4.19 | 2.27 | 2.28 |
| EPS (₹) | 1.61 | 1.49 | 0.52 | 0.99 | 1.96 | 0.50 | 0.44 |
| Dividend per share (₹) | 0.02 | 0.05 | 0.05 | 0.24 | 0.20 | 0.00 | 0.00 |
| Book value per share (₹) | 10.31 | 8.36 | 4.21 | 7.55 | 24.58 | 21.54 | 20.12 |
To see the full year-wise statements and ratios of Servotech Renewable Power System Limited, buy the company report.
Board of directors of Servotech Renewable Power System Limited
Servotech Renewable Power System has 10 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarika Bhatia Also directs: Servotech Foundation | Whole-Time Director | 24 Sep 2004 | 22 Years 1 Months | Current |
| Raman Bhatia Also directs: Bhatia Electronic Products Private Limited | Managing Director | 24 Sep 2004 | 22 Years 1 Months | Current |
| Rajesh Mohan Rai Also directs: Rebreathe Medical Devices India Private Limited | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Anupam Gupta Also directs: Rebreathe Medical Devices India Private Limited | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Sampat Rai | Director | 09 Aug 2022 | 4 Years 2 Months | Current |
| Prabhat Kumar Also directs: Indiabulls Limited | Director | 09 Dec 2025 | 0 Years 10 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Servotech Renewable Power System Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Califonix Tech and Manufacturing Private Limited | ₹732.13 Cr (FY 2025) | 72.0% | Noida, Uttar Pradesh, India | |||
| Servotech Renewable Power System Limitedthis company | ₹671.64 Cr (FY 2026) | ₹33.61 Cr | 5% | -0.4% | Sonipat, Haryana, India | |
| Videocon Industries Limited | ₹671.33 Cr (FY 2024) | -19.0% | Aurangabad, Maharashtra, India | |||
| Zet Town India Private Limited | ₹667.4 Cr (FY 2025) | 90.0% | Noida, Uttar Pradesh, India | |||
| Solum India Hightech Private Limited | ₹661.88 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Servotech Renewable Power System Limited, buy the company report.
Charges & borrowings
Open charges
₹466.59 Cr
Satisfied charges
₹39.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2026 | 101397791 | Others | ₹18.44 Cr | Open | |
| 28 Jun 2026 | 101340054 | Hdfc Bank Limited | ₹6.62 Cr | Open | |
| 14 Jun 2026 | 101335305 | Others | ₹8 Cr | Open | |
| 31 May 2026 | 101314394 | Hdfc Bank Limited | ₹39.47 Lakh | Open | |
| 26 May 2026 | 101317749 | Others | ₹12.92 Cr | Open |
To see the full charge records of Servotech Renewable Power System Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Servotech Renewable Power System Limited has 12 deals on record (11 market trades, 1 ipo); the latest was in February 2024.
Total deals
12
Market trades
11
IPO
1
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Market trade | ₹34.91 Cr | Seller: Brilliant Investment Consultants Private Limted, an individual |
| Jan 2022 | Market trade | ₹2.1 Cr | Seller: Choice Equity Broking Private Limited , an individual |
| Dec 2021 | Market trade | ₹60.1 Lakh | Buyer: an individual Seller: an individual |
| Oct 2021 | Market trade | ₹61.1 Lakh | Buyer: Olga Trading Private Limited , an individual Seller: Olga Trading Private Limited , 2 individuals |
| Sep 2021 | Market trade | ₹29.5 Lakh | Buyer: Olga Trading Private Limited Seller: Olga Trading Private Limited , an individual |
To see the full deal history of Servotech Renewable Power System Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Servotech Renewable Power System Limited has 21 court cases on record: 16 filed by Servotech Renewable Power System, 5 filed against it. 7 cases are pending and 14 are disposed.
Total cases
21
Filed by the company
16
Filed against the company
5
Pending
7
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 4 | 5 |
| High courts | 5 | 1 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Civil suit | Filed by the company against Aditya Birla Finance Ltd | Pending |
| District court, North West, Delhi | Civil suit | Filed by the company against Yes Bank Ltd and 3 others | Disposed |
| High Court | Appeal | Filed against the company by The Indian Oil Corporation Limited and 7 others | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Mobatree Manufacturers Pvt.Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against Ms Bhawani Digital Systems Private Limited and Ors. | Disposed |
To see the full case history of Servotech Renewable Power System Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Servotech Renewable Power System Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 752 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| H2 Safety India Private Limited | |||
| A to Z Indian Forever | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Servotech Renewable Power System Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Servotech Renewable Power System has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICS5470K1ZZ | Haryana | Active | 01 Jul 2017 |
| 06AAICS5470K2ZY | Haryana | Active | 03 Jul 2025 |
| 07AAICS5470K1ZX | Delhi | Active | 01 Jul 2017 |
| 09AAICS5470K1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Servotech Renewable Power System Limited, buy the company report.
Recent activity
Servotech Renewable Power System Limited has 28 board changes on record since 2004: 11 appointments and 17 cessations. The latest: Mrityunjay Kumar Jha was appointed as Whole-Time Director on 24 Jul 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 6.62 Cr registered on 28 Jun 2026 with Charge ID 101340054 was modified on 19 Sep 2026.
Charges
A charge with Others amounted to Rs. 18.44 Cr with Charge ID 101397791 was registered on 07 Sep 2026.
Appointed
Mrityunjay Kumar Jha was appointed as Whole-Time Director.
Charges
A charge with Yes Bank Limited of Rs. 50.00 Cr registered on 14 Aug 2025 with Charge ID 101142627 was modified on 22 Jul 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.62 Cr with Charge ID 101340054 was registered on 28 Jun 2026.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101335305 was registered on 14 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.39 Cr with Charge ID 101314394 was registered on 31 May 2026.
Charges
A charge with Others amounted to Rs. 12.92 Cr with Charge ID 101317749 was registered on 26 May 2026.
Filing
Servotech Renewable Power System Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101273280 was registered on 20 Mar 2026.
Appointed
Prabhat Kumar was appointed as Director.
AGM
Servotech Renewable Power System Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
65 earlier events are in the company report.
News
Servotech Renewable Power System: Reports Two Employee Arrests Over Suspected Internal Fraud; Estimated Fraud Amount Is ₹2.00–₹2.50 Crore; ₹75.65 Lakh In Goods And Cheques Recovered; Forensic Auditor Hired For Investigation.
Servotech Renewable Power System: Launches New Hybrid Solar Inverters And Micro Grid Inverter For Local And International Markets, Including SAARC And Middle East
Frequently asked questions
Servotech Renewable Power System is an active public limited company based in Sonipat, Haryana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 September 2004 (22+ years old) and is registered under CIN L31200HR2004PLC136025. Listed on NSE: SERVOTECH.
Servotech Renewable Power System reported revenue of ₹671.64 Cr for FY 2025-26 (down 0.4% YoY) based on consolidated financials.
Servotech Renewable Power System has 10 current directors:
- Raman Bhatia - Managing Director
- Sarika Bhatia - Whole-Time Director
- Mrityunjay Kumar Jha - Whole-Time Director
- Rajesh Mohan Rai - Director
- Anupam Gupta - Director
- Sampat Rai - Director
- Prabhat Kumar - Director
- Yogita Patra - Director
- Girish Kumar Ahuja - Director
- Meenakshisundaram Kolandaivel - Director
The latest financial statements of Servotech Renewable Power System on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Servotech Renewable Power System is 06AAICS5470K1ZZ, registered in Haryana. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAICS5470K2ZY (Haryana), 07AAICS5470K1ZX (Delhi), 09AAICS5470K1ZT (Uttar Pradesh).
The CIN (Corporate Identification Number) of Servotech Renewable Power System is L31200HR2004PLC136025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Servotech Renewable Power System is a listed company as per MCA records. Its shares are listed on NSE (symbol: SERVOTECH).
Servotech Renewable Power System has 21 court cases on record: 16 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Servotech Renewable Power System was incorporated on 24 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Haryana.
Servotech Renewable Power System has 12 deals on record (11 market trades, 1 ipo); the latest was in February 2024.
The peers of Servotech Renewable Power System by revenue are Califonix Tech and Manufacturing Private Limited, Videocon Industries Limited, Zet Town India Private Limited, Solum India Hightech Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Mrityunjay Kumar Jha was appointed as Whole-Time Director on 24 Jul 2026. Prabhat Kumar was appointed as Director on 09 Dec 2025. Digvijay Kapoor ceased to be Additional Director on 30 Jul 2025. Servotech Renewable Power System has 28 board changes on record in total.