Servotech Jumps 10% On ₹33.6 Crore Solar Rooftop Order From Railways
By Shishta Dutta | Updated at: Jun 4, 2025 09:51 PM IST
Servotech Renewable Power System Ltd rallied 10.21% on Wednesday after bagging a ₹33.6 crore contract from the Rangiya Division of the Northeast Frontier Railway for a 7.8 MW grid-connected solar rooftop project.
Stock Snapshot
| Metric | Value |
|---|---|
| Last Close (Jun 3, 2025) | ₹147.26 |
| Today’s Open | ₹150.40 |
| Day’s High | ₹158.36 |
| Current Price (9:17 AM IST) | ₹158.34 (+7.52%) |
| Market Cap | ₹3,557.03 crore |
| 52-Week High / Low | ₹205.40 / ₹75.50 |
| P/E Ratio (TTM) | 84.90 |
| Daily Volume | 13.56 lakh shares |
| Delivery Percentage | 28.6% |
Project Overview
The company will handle the design, supply, installation, testing, and commissioning of a grid-connected rooftop solar system at various sites across the Rangiya Division. The scope includes monocrystalline solar panels, inverters with remote monitoring, and a comprehensive five-year AMC. The project will be completed within six months from the letter of acceptance.
Quarterly Financial Performance (Q4FY25)
| Quarter Ended | Revenue (₹ lakh) | Net Profit (₹ lakh) | EPS (₹) |
|---|---|---|---|
| Mar 2025 | 14,745.97 | 771.63 | 0.35 |
| Dec 2024 | 18,185.68 | 949.91 | 0.43 |
| Sep 2024 | 18,275.74 | 1,137.77 | 0.51 |
| Jun 2024 | 9,775.48 | 474.33 | 0.21 |
Revenue rebounded 16.3% sequentially in Q4FY25, although net profit dipped 18.8% QoQ, reflecting moderated margins amid an uptick in execution activity.
Strategic Insights
The order strengthens Servotech’s public sector portfolio and highlights its execution capabilities in high-value renewable EPC projects. With increasing policy tailwinds for solar adoption across Indian Railways, this deal positions Servotech for further government-led opportunities.
Dividend & Corporate History
- Dividend: Re 0.05/share (Sep 2024), ₹0.20/share (Sep 2023)
- Face value split from ₹2 to Re 1 in July 2023
- Promoter holding remains strong at 58.92% as of April 2025
Outlook
Backed by strong order inflow, rising revenues, and government push for clean energy, Servotech continues to build momentum. With a current P/E of 84.90, valuations remain elevated, underscoring investor confidence in the company’s long-term growth trajectory.
About Servotech Renewable Power System Ltd
Servotech, formerly known as Servotech Power Systems Ltd, is an Indian company focused on the renewable energy sector, offering solutions across solar, electric vehicle (EV) charging infrastructure, and smart power electronics. With operations across key Indian states and a growing presence in clean energy EPC, the company continues to evolve in line with India’s energy transition goals. Its registered office is located in New Delhi, and its R&D facility and plant are based in Sonepat, Haryana.
REF: https://www.nseindia.com/get-quotes/equity?symbol=SERVOTECH
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