Servotech Renewable Power
128.20
-1.38(-1.06%)
Market Cap₹2,882.52 Cr
PE Ratio87.55
Company Performance:
1D-1.06%
1M-0.10%
6M-3.33%
1Y-33.23%
5Y+5,727.27%
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More news about Servotech Renewable Power
19Aug 25
Servotech Renewable Power Secures ₹288.4 Million Order
Servotech Renewable Power, a company in the renewable energy sector, has won a new order worth ₹288.40 million. This significant contract demonstrates the company's competitive position in the growing renewable energy market. While specific details about the order and client remain undisclosed, the substantial value suggests potential positive impacts on the company's operations and financial performance.
30Jul 25
Servotech Renewable Power System Reports Q1 Profit and Revenue Growth
Servotech Renewable Power System announced robust Q1 financial results. The company's consolidated net profit increased by 15.56% year-over-year to ₹52.00 crore. Revenue saw a significant 25.00% growth, reaching ₹1,400.00 crore compared to ₹1,120.00 crore in the same quarter last year. These results indicate positive performance in both top-line and bottom-line metrics for the renewable energy sector player.
30Jun 25
Servotech Power Systems to Boost EV Infrastructure at Bengaluru Airport
Servotech Power Systems Ltd, through its subsidiary Servotech Renewable Power, plans to install 10 electric vehicle chargers for airside operations at Bengaluru Airport. This initiative aims to support sustainable transportation and reduce the carbon footprint of airport activities. The project is expected to facilitate the use of electric vehicles for various airside tasks and contribute to the airport's environmental sustainability goals.
24Jun 25
Servotech Renewable Power System Secures ₹600 Crore Order
Servotech Renewable Power has obtained a significant order valued at ₹600 crore (6 billion rupees) in the renewable energy sector. While specific details are undisclosed, the order's magnitude suggests a substantial project or series of installations. This development could boost the company's revenue, strengthen its market position, potentially lead to operational scaling, and increase investor confidence.
20Jun 25
Servotech Renewable Power System Expands Solar Capabilities with 27% Stake in Rhine Solar
Servotech Renewable Power has acquired a 27% stake in Rhine Solar Ltd, aiming to enhance its solar manufacturing capabilities and expand its presence in the renewable energy market. This strategic move is expected to strengthen Servotech's position in the solar power technology domain and could have broader implications for the renewable energy sector in India.
04Jun 25
Servotech Power Systems Secures ₹336 Crore Solar Rooftop Project Order
Servotech Power Systems Ltd has received an order for a grid-connected solar rooftop project worth ₹336.00 crore (₹3.36 billion). This significant order, secured by the company's Renewable Power System division, is expected to boost Servotech's revenue and strengthen its position in the renewable energy sector. The project showcases Servotech's capability in handling large-scale, grid-connected solar installations and aligns with India's push for increased solar energy adoption, particularly in urban areas where rooftop solutions are crucial.
03Jun 25
Servotech Power Systems Secures ₹336 Crore Solar Rooftop Project
Servotech Power Systems Ltd has won a significant order for a grid-connected solar rooftop project valued at ₹336.00 crore. The project is expected to strengthen Servotech's market position in the renewable energy sector and boost its revenue. While specific details about the project's location and capacity are not disclosed, the order demonstrates Servotech's technical capabilities in executing complex renewable energy solutions.
05May 25
Servotech Power Systems Bolsters Advisory Board with Errol Musk Appointment
Servotech Power Systems Ltd has appointed Errol Musk to its Global Advisory Board. Musk will assess manufacturing facilities, evaluate operational capabilities, and provide strategic input for global growth initiatives. This move aims to enhance manufacturing processes, improve efficiencies, and accelerate international market penetration in the renewable energy sector.
28Apr 25
Servotech Power Systems Expands with New Subsidiary and Solar Project
Servotech Power Systems Ltd. (SPSL) has incorporated a new subsidiary, Dream League of India, under Servotech Sports and Entertainment Private Limited, marking its entry into the sports and entertainment sector. SPSL also secured a 4.1 MW solar project from East Coast Railway worth ₹15.80 crore. The company has scheduled a board meeting for May 6, 2025, to discuss financial results and potential dividend payment.
24Apr 25
Servotech Power Systems Secures ₹15.89 Crore Solar Project from East Coast Railway
Servotech Power Systems' subsidiary has been awarded a 4.1 MW on-grid rooftop solar project by the Waltair Division of East Coast Railway in Visakhapatnam, Andhra Pradesh. The project is valued at ₹15.89 crore and marks a significant achievement for the company in the renewable energy sector. This contract demonstrates Servotech's ability to secure projects in the public infrastructure sector and expands its operational footprint. The project aligns with Indian Railways' efforts to increase reliance on renewable energy sources.
23Apr 25
Servotech Renewable Power Systems Secures 4.1 MW Solar Project from Indian Railways
Servotech Power Systems' subsidiary has been awarded a 4.10 MW on-grid rooftop solar project by the Waltair Division of East Coast Railway. The ₹15.80 crore contract involves designing, manufacturing, supplying, installing, testing, and commissioning solar PV plants across multiple sites in Visakhapatnam, Andhra Pradesh. This project marks a significant advancement in Servotech's solar power portfolio and could lead to future partnerships in the government infrastructure sector.
28Mar 25
Servotech Power Systems Secures 20-Year Patent for Energy-Saving Technology, Reports Q3 FY2025 Performance
Servotech Power Systems has been granted a 20-year patent for its 'System and Method for Peak Shaving' technology, aimed at reducing peak electricity demand and improving energy efficiency. The company's Q3 FY2025 financial results show revenue growth of 8.35% to ₹216.80 crore, but a 28.57% decrease in net profit to ₹8.00 crore. EBITDA fell by 13.47% to ₹16.70 crore, and EPS decreased by 29.41% to ₹0.36.
27Mar 25
Servotech Power Systems Secures Patent for Innovative Peak Shaving Technology
Servotech Power Systems has been granted a patent for its 'peak shaving technology', a significant advancement in energy management. This technology aims to reduce electricity consumption during peak demand periods, potentially offering benefits such as improved energy efficiency, cost reduction for consumers, enhanced grid stability, and support for sustainability goals. The patent positions Servotech at the forefront of energy management solutions, demonstrating the company's commitment to innovation and R&D.
27Feb 25
Servotech Power Systems Partners with CIMSME to Boost PM Surya Ghar Yojana
Servotech Power Systems' subsidiary, Servotech Renewable Power System, has signed an MoU with CIMSME to develop a mobile app for the PM Surya Ghar Yojana initiative. The partnership aims to contribute to the government's target of 100,000 solar-powered homes by 2026. The app will streamline solar energy adoption for homeowners, simplify system management, and increase accessibility. This move aligns Servotech with government initiatives, potentially enhancing its market position in India's renewable energy sector.
20Feb 25
Servotech Renewable Power System Shares Surge 5.4% on EV Charger Partnership with France's Watt & Well
Servotech Renewable Power System Ltd's shares rose 5.4% after announcing a partnership with French company Watt & Well to develop and manufacture EV charger components in India. The collaboration will initially focus on creating a 30kW power module for the Indian EV charging market, aligning with India's push for domestic manufacturing in the EV sector. This strategic move is expected to bring advanced French technology to India, potentially accelerating the development of EV charging solutions and opening new growth opportunities for Servotech in the expanding electric vehicle market.
20Feb 25
Servotech Power Systems Inks Deal with France's Watt & Well for EV Charger Components
Servotech Power Systems Ltd has entered into a strategic agreement with France-based Watt & Well to develop and manufacture EV charger components in India. This collaboration aims to boost domestic production of EV charging infrastructure components, aligning with India's self-reliance push in the EV sector. The partnership is expected to facilitate technology transfer, support the 'Make in India' initiative, and potentially open new market opportunities for Servotech. It could lead to reduced dependency on imports, more cost-effective EV charging solutions, job creation in the green technology sector, and foster innovation in EV charging technologies tailored for the Indian market.
Servotech Renewable Power
128.20
-1.38
(-1.06%)
1 Year Returns:-33.23%
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