Servotech Power Systems Ltd
Incorporated in 2004, Servotech Power System Ltd manufactures LED lights and Solar power products[1]
- Market Cap ₹ 3,848 Cr.
- Current Price ₹ 173
- High / Low ₹ 205 / 73.0
- Stock P/E 189
- Book Value ₹ 7.34
- Dividend Yield 0.03 %
- ROCE 12.3 %
- ROE 12.7 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.9% CAGR over last 5 years
- Company's median sales growth is 22.5% of last 10 years
Cons
- Stock is trading at 23.5 times its book value
- Promoter holding has decreased over last quarter: -0.36%
- Company has a low return on equity of 13.2% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 34 | 32 | 51 | 81 | 114 | 88 | 86 | 86 | 134 | 249 | 305 | 450 | |
25 | 31 | 29 | 47 | 73 | 106 | 82 | 81 | 82 | 125 | 231 | 285 | 415 | |
Operating Profit | 1 | 2 | 3 | 4 | 8 | 7 | 7 | 4 | 5 | 9 | 18 | 20 | 36 |
OPM % | 6% | 7% | 9% | 8% | 10% | 7% | 8% | 5% | 6% | 6% | 7% | 7% | 8% |
0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 1 | 1 | 0 | 2 | 1 | |
Interest | 1 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 5 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
Profit before tax | 1 | 1 | 1 | 1 | 8 | 6 | 4 | 1 | 1 | 5 | 14 | 16 | 28 |
Tax % | 41% | 62% | 46% | 53% | 34% | 28% | 28% | 28% | 20% | 28% | 23% | 27% | |
0 | 0 | 0 | 1 | 5 | 4 | 3 | 1 | 1 | 4 | 11 | 11 | 20 | |
EPS in Rs | 0.42 | 0.12 | 0.20 | 0.24 | 1.96 | 0.22 | 0.16 | 0.04 | 0.05 | 0.20 | 0.50 | 0.52 | 0.92 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 24% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 25% |
5 Years: | 28% |
3 Years: | 52% |
TTM: | 43% |
Compounded Profit Growth | |
---|---|
10 Years: | 46% |
5 Years: | 30% |
3 Years: | 115% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 180% |
3 Years: | 315% |
1 Year: | 129% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.78 | 2 | 2 | 3 | 3 | 18 | 18 | 18 | 18 | 19 | 21 | 22 | 22 |
Reserves | 3 | 2 | 3 | 4 | 11 | 15 | 18 | 19 | 21 | 27 | 59 | 70 | 141 |
9 | 12 | 17 | 21 | 21 | 17 | 16 | 19 | 25 | 19 | 42 | 81 | 73 | |
3 | 5 | 11 | 17 | 26 | 34 | 24 | 24 | 34 | 22 | 31 | 86 | 75 | |
Total Liabilities | 16 | 20 | 32 | 44 | 60 | 84 | 76 | 79 | 98 | 87 | 153 | 258 | 312 |
1 | 4 | 4 | 7 | 7 | 9 | 8 | 8 | 11 | 12 | 21 | 32 | 53 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
14 | 17 | 28 | 37 | 54 | 75 | 67 | 71 | 88 | 75 | 132 | 211 | 257 | |
Total Assets | 16 | 20 | 32 | 44 | 60 | 84 | 76 | 79 | 98 | 87 | 153 | 258 | 312 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -1 | -2 | 2 | 9 | -6 | 1 | 3 | 1 | 13 | -27 | -1 | |
0 | -2 | -0 | -3 | -7 | -4 | -0 | -2 | 0 | -8 | -11 | -25 | |
1 | 2 | 3 | 1 | 0 | 12 | -4 | -1 | -1 | -1 | 45 | 71 | |
Net Cash Flow | 0 | -0 | 1 | -0 | 2 | 2 | -3 | 0 | 0 | 4 | 7 | 45 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 105 | 79 | 202 | 131 | 124 | 140 | 165 | 184 | 171 | 74 | 115 | 96 |
Inventory Days | 82 | 100 | 136 | 137 | 78 | 55 | 63 | 48 | 75 | 38 | 26 | 49 |
Days Payable | 53 | 52 | 151 | 134 | 106 | 98 | 92 | 91 | 53 | 30 | 29 | 42 |
Cash Conversion Cycle | 134 | 126 | 187 | 134 | 96 | 96 | 136 | 142 | 192 | 83 | 112 | 103 |
Working Capital Days | 138 | 116 | 182 | 121 | 78 | 92 | 145 | 157 | 186 | 76 | 101 | 112 |
ROCE % | 18% | 16% | 15% | 16% | 31% | 18% | 13% | 7% | 7% | 12% | 17% | 12% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2024 - Power Systems Limited has informed about Presentation
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Analysts/Institutional Investor Meet/Con. Call Updates
14 November 2024 - Power Systems Limited has informed about Schedule of meet
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Press Release
12 November 2024 - Power Systems Limited has informed regarding a press release dated November 12, 2024, titled "Servotech Secures order of 2 MW On-grid Solar Power Plant from …
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Copy of Newspaper Publication
6 November 2024 - Power Systems Limited has informed about Copy of Newspaper Publication
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Analysts/Institutional Investor Meet/Con. Call Updates
5 November 2024 - Power Systems Limited has informed about Transcript
Annual reports
Concalls
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Nov 2024Transcript PPT REC
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Oct 2024TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Jul 2023TranscriptPPT
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Feb 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
Business Overview:[1]
SPSL is in the business of high-end solar products and EV chargers. It develops ultra
-fast DC chargers and Home AC chargers,
and has installed over 2400 EV chargers in collaboration with oil marketing companies