Any current/future new fundraising through debt or equity?

Prerit Chaudhary and other participants asked about fundraising and capacity plans. Raman Bhatia mentioned selling about 6% equity representing a valuation of 200 crore for Servotech EV Infra, which is positive news for shareholders as 93-94% remains with Servotech (Page 16). No specific mention of immediate new fundraising plans through debt or equity was made. Raman talked about capacity expansions funded internally and reaching production targets by 2025 (Pages 13-15). The company aims to become cash flow positive and reduce funding needs within 3 years due to growth and better unit economi

Any current/future capex/capital investment/strategic investment?

Servotech is actively expanding production capacity, preparing the next factory for an annual capacity of 24,000 EV charger units (Page 13). Currently manufacturing about 158 AC chargers daily and 500 DC chargers monthly, with plans to scale up capabilities significantly (Page 14). Targeting to increase production to 10,000 DC charger units, generating revenue of 600 to 1200 crore INR by 2025 (Page 14-15). Servotech EV Infra Pvt Ltd has been established to develop EV infrastructure and AMC services, valued at 200 crore INR with 6% equity sold to investors, indicating strategic capital investme

Future growth expectations in sales/revenue/volumes?

The company aims to achieve planned targets for 2027 by 2025, indicating accelerated growth. By 2025, revenue from EV chargers is expected to grow from ₹240 crore to ₹1200 crore, driven by increased capacity and sales. Plans to scale production to 24,000 units per year, with a unit price of around ₹6 lakhs, supporting significant revenue expansion. Focus on both AC and DC chargers, with ambitions to reach capacity for 1 million (10 lakh) EV chargers in India by 2030. Export growth underway, with 1.2 million units exported in recent quarters targeting global markets including Middle Eas

Future growth expectations in earnings/operating earnings/profits/EPS?

Servotech aims to achieve the 2027 business plan targets by 2025, indicating accelerated growth. The company plans significant capacity expansion, preparing for production of 24,000 EV charger units annually by next year. Revenue from EV chargers is expected to grow from ₹240 crore to ₹1,200 crore by FY25 owing to increased DC charger production (up to 10,000 units). Export markets are being actively targeted, with 1.2 million units already exported in recent quarters, suggesting diversified growth. Servotech EV Infra Pvt Ltd is valued at ₹200 crore, indicating strong subsidiary growth support

Current/ Expected Orderbook/ Pending Orders?

The transcript does not provide specific numeric details about the current or expected order book or pending orders explicitly. However, Raman Bhatia mentions significant business growth and visible momentum in multiple segments. The company is scaling up production and infrastructure, preparing for 24,000 units (chargers), indicating a growing order book. There is strong anticipation of reaching breakeven with revenues growing to cover costs within 3 years. The management is optimistic about export markets and increased capacity utilization. Current exports stand at 1.2 million units on a sam

Servotech RenewQ3 FY24Electrical Equipment

Servotech Renew Q3 FY24 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹68.45P/E: 41.3Market Cap: ₹1.5K CrSector: Electrical Equipment

Management growth scorecard

Revenue

Category 1

Margin

Category 3

Fundraise

N/A

Order

Yes

Capex

Yes

3 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 1

The company aims to achieve planned targets for 2027 by 2025, indicating accelerated growth.
By 2025, revenue from EV chargers is expected to grow from ₹240 crore to ₹1200 crore, driven by increased capacity and sales.
Plans to scale production to 24,000 units per year, with a unit price of around ₹6 lakhs, supporting significant revenue expansion.
Focus on both AC and DC chargers, with ambitions to reach capacity for 1 million (10 lakh) EV chargers in India by 2030.
Export growth underway, with 1.2 million units exported in recent quarters targeting global markets including Middle East, Europe, US, Australia, and Southeast Asia.
Business community plan is in place for 50 years growth and sustainable momentum through R&D and strategic initiatives.
Charging station infrastructure aims for break-even within 3 years, enhancing profitability.
Continuous product innovation and new market exploration are key drivers for future value creation.

Margin guidance

Category 3

Servotech aims to achieve the 2027 business plan targets by 2025, indicating accelerated growth.
The company plans significant capacity expansion, preparing for production of 24,000 EV charger units annually by next year.
Revenue from EV chargers is expected to grow from ₹240 crore to ₹1,200 crore by FY25 owing to increased DC charger production (up to 10,000 units).
Export markets are being actively targeted, with 1.2 million units already exported in recent quarters, suggesting diversified growth.
Servotech EV Infra Pvt Ltd is valued at ₹200 crore, indicating strong subsidiary growth supporting overall profitability.
Charging stations' profitability is expected within 3 years post-investment, enhancing long-term earnings.
Increased R&D, AI, AR, VR integration in services aims to reduce costs and improve margins, contributing to sustained operating profit growth.
Strong investor confidence reflected by 93-94% equity retention and ongoing business scaling efforts.

See what Servotech Renew management said on margin guidance — free account, 30 seconds.

Fundraise plans

Prerit Chaudhary and other participants asked about fundraising and capacity plans.
Raman Bhatia mentioned selling about 6% equity representing a valuation of 200 crore for Servotech EV Infra, which is positive news for shareholders as 93-94% remains with Servotech (Page 16).
No specific mention of immediate new fundraising plans through debt or equity was made.
Raman talked about capacity expansions funded internally and reaching production targets by 2025 (Pages 13-15).
The company aims to become cash flow positive and reduce funding needs within 3 years due to growth and better unit economics (Page 18).
No direct announcement of new fundraising rounds was stated in the provided content.

Order book

Yes

The transcript does not provide specific numeric details about the current or expected order book or pending orders explicitly.
However, Raman Bhatia mentions significant business growth and visible momentum in multiple segments.
The company is scaling up production and infrastructure, preparing for 24,000 units (chargers), indicating a growing order book.
There is strong anticipation of reaching breakeven with revenues growing to cover costs within 3 years.
The management is optimistic about export markets and increased capacity utilization.
Current exports stand at 1.2 million units on a sampling basis, indicating a robust order pipeline.
The company is actively working on AMC contracts and infrastructure growth through its subsidiary Servotech EV Infra.
By 2030, the market expects around 1 million chargers in India, supporting a long-term strong demand outlook.

See what Servotech Renew management said on order book — free account, 30 seconds.

Capex plans

Yes

Servotech is actively expanding production capacity, preparing the next factory for an annual capacity of 24,000 EV charger units (Page 13).
Currently manufacturing about 158 AC chargers daily and 500 DC chargers monthly, with plans to scale up capabilities significantly (Page 14).
Targeting to increase production to 10,000 DC charger units, generating revenue of 600 to 1200 crore INR by 2025 (Page 14-15).
Servotech EV Infra Pvt Ltd has been established to develop EV infrastructure and AMC services, valued at 200 crore INR with 6% equity sold to investors, indicating strategic capital investment in infrastructure development (Page 16-17).
Approximately 15-20 lakh INR capital expenditure is needed to set up one charging station (Page 17).
Planning to expand lithium battery assembly operations for the solar segment by 2027 (Page 15).
Export operations have started, distributing 1.2 million units globally, emphasizing strategic investment in international markets (Page 19, 39).

Track Servotech Renew — get its next earnings analysis in your feed

How does Servotech Renew rank vs peers in Electrical Equipment?

Pro feature

ThisServotech Renew

Rev 1Mar 3

See where Servotech Renew sits in Electrical EquipmentSee which companies these are, and every other name in the sector.Open rankings

How does Servotech Renew rank in Electrical Equipment?

Compare Servotech Renew against every Electrical Equipment company (Q3 FY24) on revenue, margins and earnings-call signals.

View Electrical Equipment leaderboard →

What Servotech Renew's management said in earlier quarters

Others in Electrical Equipment this season

Supreme Power Equipment Ltd (Q2 FY27)
Compared to the half year ended September 30, 2025 (not explicitly stated, but implied by YoY growth context), revenue increased (exact previous period revenue…
Inox Wind Ltd (Q2 FY26)
200 crore. Key concall takeaways from Inox Wind Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.
Power & Instrum. (Q2 FY26)
Net Sales: ₹70.27 Cr (up from ₹54.93 Cr in Q2 FY25) — approx. Key investor presentation takeaways from Power & Instrumentation (Gujarat) Ltd's Q2 FY26 investor
Triveni Turbine Ltd (Q2 FY26)
The outstanding order book is at a record ₹22.2 billion, which is 24% higher year-over-year. Key concall takeaways from Triveni Turbine's Q2 FY26 earnings call…

Compare:vs Bharat Heavy Electricals Ltd vs A B B vs CG Power & Industrial Solutions Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →