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Servotech Power Systems Limited (SERVOTECH) fair value: what the stock is really worth

As of Oct 1, 2026: fair value of Servotech Power Systems Limited ₹30.52, price ₹69.20, upside -55.9%, quality 32 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Industrials · IN · ISIN INE782X01033

SP Thin data Sep 27, 2026

Servotech Power Systems Limited

SERVOTECH · NSE

Weakest SetupStrongly overvalued and low quality.

!Fair value ₹30.52 · Strongly overvalued (−55.9%)
!Quality 32/100
!Expensive Growth (revenue 5y +50.5 %/yr)
!Thin margins · 5.0% net margin (TTM)
!Low debt · negative free cash flow
!Trails peers (4/13)
!Narrow moat 39/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 1 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

₹201.50 ₹3.10 Fair Value ₹30.52 Jun 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.

How to read this chart

60‑month range ₹3.10 – ₹201.50 · fair‑value band ₹21.33 – ₹39.00 · the ₹69.20 price screens above the ₹30.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.

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Company profile

Servotech Renewable Power System Limited manufactures and sells light-emitting diode (LED) lights, electric vehicle (EV) chargers, and solar power products in India and internationally.

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Servotech Renewable Power System Limited manufactures and sells light-emitting diode (LED) lights, electric vehicle (EV) chargers, and solar power products in India and internationally. The company offers LED lighting products, including LED tube lights, streetlights, flood lights, canopy lights, parking lot lighting, explosion proof, bay lights, and bulb, as well as downlight; and oxygen concentrator. It also provides solar products, such as solar inverters, panels, batteries, and servports, as well as solar management units; and tubular batteries and servo stabilizers. In addition, the company offers UV-C disinfectant products, including UV disinfection lamps, UV disinfection handheld products, UV disinfection robotruks, UV-C car intelligent sanitizer, sterilization bags and boxes, car air sanitizer, FAR UV-C digital sanitizer, and UV air purifiers. Further, it provides electric vehicle charging components, such as power modules, control circuits, and PLCs. Additionally, the company engages in sports, events, and promotion business. The company was formerly known as Servotech Power Systems Limited and changed its name to Servotech Renewable Power System Limited in December 2024. Servotech Renewable Power System Limited was incorporated in 2004 and is based in New Delhi, India.

Stock analysis

Servotech Power Systems Limited (SERVOTECH) currently trades at ₹69.20, while our model-based Fair Value estimate is ₹30.52, 55.9% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of ₹63.18 per share, and 1 of the 16 models we run sit above the ₹69.20 price.

Bear case: the Asset-Based group reads lowest at ₹8.54, and 15 of the 16 models stay below the price. Evidence for this calculation is low.

Scenario range: ₹21.33 (bear) to ₹39.00 (bull), the price of ₹69.20 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 32/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Servotech Power Systems Limited reported revenue of ₹6.7B in FY2026 versus ₹1.4B in FY2022, a compound +47.0%/yr. Reported net income was ₹336M in FY2026, compounding +69.8%/yr from FY2022.

Key figures

Market cap ₹22.9B (≈ $238M) · P/E ratio 47.7 · P/S ratio 2.38 · EPS (TTM) ₹1.45 · Dividend yield 0.0% · Net margin 5.0% · Return on equity 11.9% · Return on assets (EBIT) 11.6%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 48% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at −56%, SERVOTECH screens richer than that median.

Fair Value models

Bear ₹21.33 Fair Value ₹30.52 Bull ₹39.00
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.7248 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income ₹10.43 ₹11.43 ₹13.97 76
EPV ₹13.16 ₹14.64 ₹15.85 74
ROIC Compounder ₹13.55 ₹17.15 ₹20.13 72
All 16 models by family
Earnings-Based
Graham-Dodd ₹10.10 ₹70.46 ₹98.88 63
Lynch FV ₹33.23 ₹47.47 ₹61.71 61
PEG = 1.0 ₹33.23 ₹47.47 ₹61.71 57
EPV ₹13.16 ₹14.64 ₹15.85 74
Dividend Discount
Gordon GGM ₹0.3500 ₹0.5800 ₹0.7600 68
DDM Multi-Stage ₹0.3500 ₹0.5500 ₹0.6300 67
Multiples
P/E Multiple ₹23.40 ₹31.20 ₹39.00 63
P/S Multiple ₹18.94 ₹25.26 ₹31.57 58
P/B Multiple ₹18.94 ₹25.26 ₹31.57 55
EV/EBIT ₹28.32 ₹37.51 ₹46.69 66
EV/EBITDA ₹29.78 ₹39.45 ₹49.12 67
EV/Revenue ₹20.43 ₹28.86 ₹37.29 54
Asset-Based
NCAV (Graham) ₹6.38 ₹8.54 ₹12.75 54
Economic Profit
Residual Income ₹10.43 ₹11.43 ₹13.97 76
ROIC Compounder ₹13.55 ₹17.15 ₹20.13 72
Growth Earnings
Growth-Adj P/E ₹44.22 ₹63.18 ₹82.13 67

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Quality Score breakdown

Overall quality 32/100

Of which business quality 35 · Market factors (momentum, volatility) 26

Profitability 44
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 9
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 49
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−0.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+34.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+50.5%
Start year 2021 (pandemic). Over 10 years: +29.3% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.4%
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +61.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+61.9%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.96.0% vs 26.5%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 7%
Start year 2021 (pandemic)
⚠ Rate on operating basis: 2026 sits 169% above its own trend.

SERVOTECH screens overvalued: fair value 56% below the price. Compare with Contemporary Amperex Technology Co →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 532 stocks

Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score 32 · Bottom 25%
Fair Value upside −55.9% · Below median
Profitability
Return on equity (TTM) 11.9% · Above median
Return on assets 5.6% · Above median
Net margin (TTM) 5.0% · Below median
Operating margin (TTM) 7.1% · Above median
Growth and dividend
Revenue growth 48.6% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Balance sheet
Debt / equity 0.19× · Above median

Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 47.7× · Pricier than median
P/B 7.95× · Priciest 25%
P/S (TTM) 3.41× · Pricier than median
EV/EBITDA 33.8× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)100 · sector 60
PAST (return on equity)47 · sector 26
HEALTH (low debt)91 · sector 97
DIVIDEND (yield)1 · sector 23

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 300750 ¥291.11 ¥695.24 +139%
ABB Ltd ABBN CHF 79.62 CHF 30.01 −62%
Delta Electronics (Thailand) Public Company DELTA 263.00 THB 38.64 THB −85%
Vertiv Holdings VRT $244.04 $178.68 −27%
Prysmian S.p.A PRY €122.40 €75.63 −38%
Legrand SA LR €134.85 €82.77 −39%
nVent Electric plc NVT $164.41 $43.51 −74%
Sungrow Power Supply Co 300274 ¥84.21 ¥185.48 +120%
Hubbell Incorporated HUBB $465.72 $293.28 −37%
LS ELECTRIC Co 010120 205,500 KRW 29,518 KRW −86%

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Cite: Fair Value Calculator (2026). "Servotech Power Systems Limited Fair Value". https://www.fairvalue-calculator.com/stock/SERVOTECH

Frequently asked questions

Is Servotech Power Systems Limited (SERVOTECH) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹30.52 versus a price of ₹69.20, about −56% upside (overvalued).
What is the fair value of SERVOTECH?
Our model-based fair value for Servotech Power Systems Limited is ₹30.52 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹69.20.
What is the quality score of SERVOTECH?
Servotech Power Systems Limited has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Servotech Power Systems Limited (SERVOTECH)?
Our model-based price target is the fair value of ₹30.52 (as of Sep 27, 2026) from 16 valuation models. Cautious scenario ₹21.33, optimistic scenario ₹39.00. It is a calculation from audited fundamentals, not an analyst target.
What is the Servotech Power Systems Limited stock forecast for 2026?
Our models put fair value at ₹30.52, about −56% upside versus a price of ₹69.20 (overvalued). Cautious scenario ₹21.33, optimistic scenario ₹39.00. The calculation is refreshed regularly with new filings.
What is the revenue of Servotech Power Systems Limited (SERVOTECH)?
Servotech Power Systems Limited reported trailing-twelve-month revenue of about ₹6.7B (latest available figure, as of Sep 27, 2026).
Does Servotech Power Systems Limited pay a dividend?
Servotech Power Systems Limited currently shows a dividend yield of about 0.03% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of Servotech Power Systems Limited (SERVOTECH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Servotech Power Systems Limited it is ₹30.52 per share (as of Sep 27, 2026), against a price of ₹69.20. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Servotech Power Systems Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, SERVOTECH trades above its calculated fair value: price ₹69.20, fair value ₹30.52, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SERVOTECH?
No. The price is what the market pays today (₹69.20); the fair value is what the company's own numbers justify (₹30.52). For Servotech Power Systems Limited the two are ₹38.68 per share apart. That gap is exactly why we show both numbers side by side.
How much is Servotech Power Systems Limited worth?
The market values Servotech Power Systems Limited at about ₹22.9B (market capitalisation, as of Sep 27, 2026). Per share that is ₹69.20; our models calculate a fair value of ₹30.52 per share.
What do the bullish and bearish scenarios say about SERVOTECH?
Our models span a range for Servotech Power Systems Limited: cautious scenario ₹21.33, base ₹30.52, optimistic ₹39.00 per share (as of Sep 27, 2026, price ₹69.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SERVOTECH?
Servotech Power Systems Limited trades at a price-to-earnings ratio of 47.7 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹30.52 is built from several models across several years. Other multiples: P/B 8.0, P/S 3.4, EV/EBITDA 33.8.
How solid is the balance sheet of Servotech Power Systems Limited (SERVOTECH)?
Balance-sheet figures for Servotech Power Systems Limited (as of Sep 27, 2026): return on equity 11.9%, debt of 0.19 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is SERVOTECH from its 52-week high?
Servotech Power Systems Limited trades at ₹69.20, about 48% below its 52-week high of ₹132.71 and 18% above the low of ₹58.84 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹30.52 is for.
Which stocks are comparable to Servotech Power Systems Limited?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Servotech Power Systems Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹69.20, calculated fair value ₹30.52 (−56%), Quality Score 32/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SERVOTECH calculated?
We run Servotech Power Systems Limited through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹30.52, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Servotech Power Systems Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Servotech Power Systems Limited (SERVOTECH)?
The closing price on Oct 1, 2026 was ₹69.20. Our model-based fair value is ₹30.52, about −56% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Servotech Power Systems Limited right now?
The price sits above even our optimistic bull case (₹39.00). The favourable scenario is already priced in. Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (₹21.33 to ₹39.00) leaves room in how you read the outcome.
Where does the earnings growth of Servotech Power Systems Limited (SERVOTECH) come from?
Earnings per share at Servotech Power Systems Limited grew +19.4 % a year from 2015 to 2026. Broken into its drivers: revenue per share +18.4 %, EBIT margin +3.3 %, tax rate +1.4 %, residual (interest, one-offs) −3.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Servotech Power Systems Limited

How large is the market capitalisation of Servotech Power Systems Limited (SERVOTECH)?
The market capitalisation of Servotech Power Systems Limited is ₹22.9B (≈ $238M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Servotech Power Systems Limited (SERVOTECH)?
The price-to-sales ratio of Servotech Power Systems Limited is 2.38 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Servotech Power Systems Limited (SERVOTECH)?
Earnings per share at Servotech Power Systems Limited are ₹1.45 (price ÷ EPS = P/E 47.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Servotech Power Systems Limited (SERVOTECH)?
The dividend yield of Servotech Power Systems Limited is 0.0% (payout 1.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Servotech Power Systems Limited (SERVOTECH)?
The net margin of Servotech Power Systems Limited is 5.0% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Servotech Power Systems Limited (SERVOTECH)?
The return on equity (ROE) of Servotech Power Systems Limited is 11.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Servotech Power Systems Limited (SERVOTECH)?
On an EBIT basis the return on assets of Servotech Power Systems Limited is 11.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Servotech Power Systems Limited (SERVOTECH)?
The operating margin of Servotech Power Systems Limited is 7.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Servotech Power Systems Limited (SERVOTECH)?
Revenue at Servotech Power Systems Limited is growing +48.6% versus a year earlier (3y avg +34.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Servotech Power Systems Limited (SERVOTECH)?
Earnings per share at Servotech Power Systems Limited are growing +35.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Servotech Power Systems Limited (SERVOTECH) generate?
The free cash flow of Servotech Power Systems Limited is −₹1.2B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Servotech Power Systems Limited (SERVOTECH) carry?
The net debt of Servotech Power Systems Limited is ₹1.4B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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