Servotech Power Systems Ltd.
Snapshot View

17.50 -0.75 ▼-4.1%

23 July 2021, 03:40:16 P.M.
Volume: 48,000

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.servotech.in
Financial Indicators
Market Cap 32.04 Cr.
Earnings per share (EPS) 0.50 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 34.72 Trailing Twelve Months Ending 2021-03
Industry PE 91.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 20.12 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.87 Calculated using Price: 17.50
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.83 Cr. 18,310,429 Shares
FaceValue 10
Company Profile

Servotech Power Systems Limited was incorporated as Servotech Power Systems Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated September 24, 2004 in Delhi. Subsequently, the name of Company was changed to Servotech Power Systems Limited pursuant to shareholder’s resolution dated April 29, 2017 and vide fresh certificate of incorporation dated May 24, 2017.

Business area of the company

The company is engaged in manufactures and sells inverters, uninterruptible power source products, and servo stabilizers under the SERVOTECH brand name in India, south-east Asia, Africa, Europe, and the Middle East. Company's products include LED light bulbs, downlights, flood lights, panel lights, tube lights, and bay lights, as well as outdoor lights, such as street lights and floodlights under the SAARA brand for residential, industrial, and commercial applications. In addition, it manufactures and supplies a range of solar products, which include solar BLDC fans, solar home light systems, solar PWM and MPPT charge controllers, and solar pump controllers. SPSL also manufacturer and supplier of a comprehensive range of Solar Products that includes Solar BLDC Fan, Solar Home Light systems, Solar PWM Charge Controller, Solar MPPT Charge Controller, Solar water pump etc. The company also provides turnkey services which involve supply, installation, commissioning, testing and comprehensive maintenance of upto 5 years of LED products.

Major Events and Milestones:

  • 2004: Company was incorporated as Servotech Power Systems Private Limited.
  • 2005: Shifted factory in Tax exempted zone in Himachal Pradesh.
  • 2005: Established first branch office in Uttar Pradesh.
  • 2006: Established a full fledge R&D center in Delhi.
  • 2007: Developed several high capacity backup solutions and served many retail chains & banking sector in India. Example: Pantaloon, Big bazaar, More, Croma, Spencer, The Mobile Store, ICICI prudential, Kotak Mahindra, Religear, Muthoot & many more.
  • 2009: Registered & Certified with several state level nodal agencies like NSIC, DGSND, MPLUN (M.P.), HILTRON (Uttrakhand), UP-DESCO and others in order to acquire projects from government agencies and public sector companies.
  • 2010: Established new branch offices in Jammu and Kolkata.
  • 2010: Supplied 60 KVA frequency converter in submarine for ONGC project executed by L&T.
  • 2010: Executed 2 major orders for Government agencies in 60days, supplied, installed & commissioned 5250 pcs UPS to “Sarv Shiksha Abhiyan” (Order value Rs. 1.82 crore) and 185 pcs high capacity Inverters to Commissioner Land Records, Madhya Pradesh (order value Rs. 1.20 crore).
  • 2011: Started LED Lights Manufacturing Plant In Delhi.
  • 2011: Started manufacturing Solar PCU, Solar Street Lights & Solar LED Lights.
  • 2016: Turnover crossed Rs. 50 crores.
  • 2017: Company was converted into Public Limited Company vide fresh certificate of incorporation dated May 24, 2017.

Awards, certificates and recognitions:

  • 2010: Chota Business Bade Sapne: CNBC Awaaz
  • 2016: Best Emerging Manufacturer of LED Lights & Solar Products in Delhi/NCR: Worldwide Achievers Private Limited

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.11%
1 Week
+1.45%
1 Month
+4.17%
3 Month
-8.85%
6 Month
-15.66%
1 Year
-15.05%
2 Year
+13.64%
5 Year
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 9.80 21.23 16.15 16.96 46.54 17.03 8.70 2.23
Return on Capital Employed (%) 12.06 19.68 16.59 17.21 31.38 18.27 12.95 7.31
Return on Assets (%) 2.17 4.68 3.11 3.07 9.60 5.47 3.76 1.05

Balance Sheet View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 4 4 6 8 13 33 36 37
Non Curr. Liab. 1 5 5 7 10 12 10 7
Curr. Liab. 11 10 21 28 37 39 30 35
Minority Int.
Equity & Liab. 16 20 32 44 60 84 76 79
Non Curr. Assets 2 4 4 8 14 17 17 18
Curr. Assets 14 16 28 36 47 67 59 61
Misc. Exp. not W/O
Total Assets 16 20 32 44 60 84 76 79

Profit Loss View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 26 34 32 51 81 114 89 87
Other Income 0 0 1 0 3 1 1 1
Total Income 26 34 32 52 84 115 89 88
Total Expenditure -25 -31 -28 -47 -73 -106 -82 -83
PBIDT 2 3 4 5 11 9 7 5
Interest -1 -2 -2 -3 -2 -2 -2 -3
Depreciation 0 0 -1 -1 -1 -1 -1 -1
Taxation 0 0 0 -1 -3 -2 -1 0
Exceptional Items 0 0 0
PAT 0 1 1 1 5 4 3 1

Cash Flow View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -1 -1 -2 2 9 -6 1 3
Cash Fr. Inv. -2 0 -3 -7 -4 0 -2
Cash Fr. Finan. 1 2 3 1 0 12 -4 -1
Net Change 0 0 1 0 2 2 -3 0
Cash & Cash Eqvt 1 1 2 2 4 6 3 3

Shareholding Pattern View Details

9 Qtrs 2017-07 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 94.38 69.23 69.23 69.49 69.99 70.06 70.21 70.21 70.23
Public 5.62 30.77 30.77 30.51 30.01 29.94 29.79 29.79 29.76
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 5.34 5.33 5.32 11.41 11.40

Announcements View Details

No Corporate Announcement found.

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Below Zero Both SRS And ARS Below Zero
Close Crossing 100 EMA From Above Close Crossing 100 EMA From Above
Close Crossing 20 EMA From Above Close Crossing 20 EMA From Above

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