Don’t Trade in the Dark—Get Your Pre-Market Report Every Day.Join Now
Servotech Renewable Power System Ltd
| Quarterly Financial Results Q3 FY 2025-26
Summary : Servotech Renewable Power System Limited reported strong Q3 profit growth, re-appointed independent directors, and received a clean auditor review, indicating positive operational and governance performance.
Quarterly Report Analysis & Insights
Financial Disclosures
- Standalone Q3 FY26 Cost of materials consumed: Rs. 14,553.33 Lacs.
- Consolidated Q3 FY26 Cost of materials consumed: Rs. 14,658.97 Lacs.
- Standalone Q3 FY26 Total expenses: Rs. 18,306.72 Lacs.
- Consolidated Q3 FY26 Total expenses: Rs. 19,126.08 Lacs.
- Standalone Q3 FY26 Revenue from operations: Rs. 20,164.11 Lacs.
- Consolidated Q3 FY26 Revenue from operations: Rs. 21,107.33 Lacs.
- Paid-Up Equity Share Capital (Standalone and Consolidated): Rs. 2,258.45 Lacs.
- Standalone Q3 FY26 Profit for the period: Rs. 1,470.46 Lacs.
- Consolidated Q3 FY26 Profit for the period: Rs. 1,536.98 Lacs.
- Consolidated results include subsidiaries like Rebreathe Medical Devices, Servotech EV Infra, and Rhine Solar Limited.
Corporate Overview
- Registered Office in Sonipat, Haryana, India.
- Corporate Office in New Delhi, India.
- Servotech Renewable Power System Limited focuses on smart power solutions, including renewable energy systems.
- The consolidated entity includes subsidiaries in medical devices, EV infrastructure, sports, entertainment, and solar.
- The communication is formal and factual, reporting board meeting outcomes and financial results.
- The Company operates in a single segment as per Ind AS 108.
Risk Factors
- Single operating segment.
- Consolidated revenue slightly declined.
- New ventures not operational.
- Shareholder approval for directors.
Key Drivers
- Strong Q3 profit growth.
- Independent director re-appointments.
- Unmodified auditor review.
- Diversified business portfolio.
Auditor’s Report
- Unmodified review opinion for standalone financial results.
- Unmodified review conclusion for consolidated financial results, noting reliance on management certification for immaterial subsidiary information.
Board Commentary
- Re-appointment of Mr. Meenakshisundaram Kolandaivel as Non-executive Independent Director, subject to shareholders' approval.
- Regularization of Appointment of Mr. Prabhat Kumar as Non-Executive Independent Director.
- Appointment of Mr. Debabrata Deb Nath as Scrutinizer for remote e-voting process.
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Corporate Governance
- Re-appointment and regularization of Non-executive Independent Directors.
- Audit Committee reviewed financial results.
- Sub-Committees made recommendations to the Board.
Management Discussion & Analysis
Performance Drivers
- Strong growth in standalone and consolidated profit for the quarter.