35 slides from Servotech Renewable Power System's earnings presentation, May 8, 2023
Slide 1: Cover letter to NSE on audited results
8th May, 2023 To, National Stock Exchange of India Limited Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai-400051 Trading Symbol: SERVOTECH Sub.: Presentation on the Audited Financial Results of the Company for the quarter and financial year ended 31st March, 2023 Dear Sir/Ma
Slide 2: Investor Presentation May 2023
smart power solutions INVESTOR PRESENTATION SERVOTECH POWER SYSTEMS LIMITED May 2023
Slide 3: Safe Harbor
SAFE HARBOR Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, technological risks, and many other factors that could cause our actu
Slide 4: Mission & Vision
MISSION & VISION Mission Vision Statement Statement ∙ To design sustainable and “To create and introduce a tech-enabled solutions for series of world-class solutions achieving optimal utility to mitigate the impact of and product performance energy consumption on climate, to achieve the net- ∙ To br
Slide 5: MD's Desk
MD’s Desk Dear Stakeholders, It gives me immense pleasure to introduce Servotech Power Systems Ltd., which is a purpose driven solutions company engaged in providing next gen Solar & EV charging products. We started our journey 18 years back with a single product named Sine-wave inverters and eventu
Slide 6: Company at a Glance
COMPANY AT A GLANCE Diversified product portfolio catering to multiple industries. 1 2 Strong Corporate Governance with 25+ years of experience Over 10 Mn+ Satisfied Customers 3 4 55,000 sq.ft. state-of-the-art manufacturing facility in Haryana Contributed in reducing carbon footprints by 2% 5 6 Str
Slide 7: Subsidiaries
Subsidiaries SERVOTECH POWER SYSTEMS LIMITED 95.0% Holding 63.5% Holding Rebreathe Medical Techbec Global Devices India Private Ltd Solutions Pvt. Ltd. The company offers medical grade oxygen The company is involved in manufacturing concentrators aiding in respiratory batteries, lithium-ion batterie
Slide 8: Leadership at the Helm
LEADERSHIP AT THE HELM Mr. Sampat Rai, Mr. Raman Bhatia, Independent Director Managing Director & Founder He has had an extensive corporate career spanning over 40 years, beginning with Aged 47, he is a graduate in commerce from University of Delhi and has a diploma his time at HCL. Later he held ke
Slide 9: Our Growth So Far
OUR GROWTH SO FAR Forayed into the EV market to establish EV charging tech infrastructure Pan India 2022 Servotech launched Oxygen Developed a UV-C disinfection concentrators designed especially with product to provide sanitization & the aim of catering demands of auxiliary sterilization services fo
Slide 10: Our Complete Product Offerings
OUR COMPLETE PRODUCT OFFERINGS Solar Solutions EV Chargers Power & Backup LED Servo Stabilizers ❑ Solar PCU ❑ AC Chargers ❑ An important part of an ❑ LED lights produce light ❑ An important part of ❑ Solar Panels Compact, multi-protocol, electrical supply system around 90% more an electrical supply
Slide 11: Servotech at the Forefront of Solar Solutions
SERVOTECH AT THE FOREFRONT OF “SOLAR SOLUTIONS” FOR RESIDENTIAL AND COMMERCIAL PURPOSES BY OFFERING A RANGE OF TURNKEY SOLUTIONS: SOLAR SERVPORT ∙ A portable plug and play system which can generate up to 10 units electricity from solar panels and converts it into AC through an SOLAR PCU (Power condi
Slide 12: Our Contribution in Solar Energy
OUR CONTRIBUTION IN SOLAR ENERGY We have Installed more than 10 MW of Solar Power Plants in various Petroleum Refineries. We have Solarised more than 100,000 homes in different states by installing Solar Home lighting Systems. Shivalik Project Rooftop Solar Project Akshardham Project Kandla-Gorakhpu
Slide 13: Product Development
PRODUCT DEVELOPMENT ❑ Developed and tested first-of-its-kind solar performance monitoring and controlling device in association with GIZ ❑ The device named ComPort identifies defects, issue notifications, diagnose issues and suggests operation and maintenance tasks. 13
Slide 14: Servotech at the Forefront of EV Solutions
SERVOTECH AT THE FOREFRONT OF “EV SOLUTIONS” AC 3.3 kW AC 7 kW AC 10 kW AC 14 kW DC Charger AC Charger DC 15/20 kW DC 30 kW DC 30 kW DC 60 kW 14
Slide 15: Our Contribution in EV Charging Infrastructure
OUR CONTRIBUTION IN EV CHARGING INFRASTRUCTURE RECOGNITION • SPSL EV chargers are approved by MG motors • Testing under process with TATA Motors 14
Slide 16: Servotech Contribution in the EV Charging Solutions
SERVOTECH CONTRIBUTION IN THE EV CHARGING SOLUTIONS INDIAN EV CHARGING STATION MARKET Indian Government registered more than 18 Lakh EVs and 5,530 EV Charging Stations across the country in 2022 out of which SERVOTECH has contributed ~25.3% towards the emerging EV stations i.e. 1,400 Nos. Contributi
Slide 17: Marquee Clients
MARQUEE CLIENTS Bharat lndianOil Petroleum ~~ Birlasoft® Binani Y.< HOTEL HOME IN genpact Trarnformotion - f"l'AOllll · (SIJIC •t>(V Hq:lpens H•~ BRl\j BINA.NI GROUP h1ndware '911 ~91axoSmithKline Consumer Healthcare DAIMLER 16 S~TEC
Slide 18: Leveraging Our Strengths
LEVERAGING OUR STRENGTHS Long standing relationship with Petroleum Companies, Telecom department, Ministry of Information and Broadcasting and others 1 Diversified product 2 portfolio with presence in 21 states of India Professional from top institutes of India leading our state-of-the-art R&D cente
Slide 19: Growth Drivers
GROWTH DRIVERS Governments subsidies to 01 promote sustainable energy resources Increasing demand for 02 EV charging stations Rising urbanization and 03 awareness of climatic change have led to increase in demand for cost-efficient products Local manufacturing boost 04 in medical devices, Solar & EV
Slide 20: Scaling New Horizons
SCALING NEW HORIZONS Servotech and Al-Ansari Servotech inks pact Motors LLC, UAE inks with NSEFI to develop pact to provide EV solar-powered EV- Charging Solutions in charging carport Middle Eastern and African Markets 19
Slide 21: Industry Overview
INDUSTRY OVERVIEW Solar Target Solar Capacity for 2030 to result in huge market expansion Industry (Capacity numbers in GW) Segment 817 140 399 1. India ranks 5th in solar power in renewable power installed Wind 40 280 capacity. 1. The solar power market share in India is expected to increase by $24
Slide 22: Continued: EV Sales Penetration
CONTINUED….. EV SALES PENETRATION: Category–Wise Sales Trend from Mar 2022- Mar2023 EV CHARGERS 1. The Indian EV charger market would expand at a CAGR of 46.5% between 2022 and 2030, and is predicted to reach annual sales of 0.9 Mn units by 2030, with almost 85% of those projected to be type-2 AC ch
Slide 23: Government Initiatives
GOVERNMENT INITIATIVES ∙ In the Union Budget 2022-23, the government allocated Rs. 19,500 Cr for a PLI scheme to boost manufacturing of high-efficiency solar modules SOLAR ∙ In line with the large-scale grid-connected solar (PV) initiative, India is developing off-grid solar power for local SEGMENT
Slide 24: Key Financial Snapshots
KEY FINANCIAL SNAPSHOTS Total Revenue (in lakhs) EBITDA & EBITDA Margin Net PAT & Net PAT Margin ₹ 30,000.00 ₹ 27,864.33 2000 1,894.9 6.9% 1200 1,108.9 4.5% 1800 6.8% 4.1% 6.8% 4.0% ₹ 25,000.00 1600 1000 6.8% 3.5% 1400 6.7% 6.7% 800 2.8% 3.0% ₹ 20,000.00 ₹ in Lakhs ₹ in Lakhs 1200 966.7 6.7% 2.5% ₹
Slide 25: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (₹ in lakhs) Q4 FY23 Q4 FY22 YoY% Q3 FY23 FY23 FY22 Revenue from operations 11,530.7 5,106.4 125.8% 8327.4 26,957.0 14,367.4 Other income 467.5 4.2 308.3 907.3 57.9 Total revenue 11,998.2 5,110.6 134.8% 8635.7 27,864.3 14,425.3 Total Expenses excluding Depre
Slide 26: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (₹ in lakhs) FY23 FY22 Particulars (₹ in lakhs) FY23 FY22 Assets Equity and Liabilities Property, Plant and Equipment 1,979.5 925.4 Equity Share Capital 2,126.5 1,866.5 Other Intangible Assets 15.6 35.3 Other Equity 6,090.7 2,761.2 Capital Work In progress 2.0
Slide 27: Business Outlook
BUSINESS OUTLOOK • A new EV plant with a manufacturing capacity of 6 lacs EV Chargers per year To scale up the revenue from ₹240 Crs to ~₹1,200 Crs by • EV CHARGER 2025 BUSINESS PLANS • Vision: To become 1 of top 3 EV Charger manufacturing company in India • Focus on scaling up the Lithium Battery P
Slide 28: Servotech Manufacturing Plant and R&D
SERVOTECH MANUFACTURING PLANT AND R&D Production Unit Assembly Line PCB Assembling SMT Line (PCB Mfg.) Sub Assembly Line 29
Slide 29: Servotech Testing Facility
SERVOTECH TESTING FACILITY Assembly Stations DC Simulation Testing 29
Slide 30: Servotech Testing Equipment
SERVOTECH TESTING EQUIPMENT Water Test IP54 & IP65 DC Load Bank Surge Tester Humidity Chamber DC Simulator AC Load Bank Dust Chamber Thermal Chamber Deep Freezer AC Charger Simulator 29
Slide 31: Media Coverages
MEDIA COVERAGES Business Standard 0.•0... e... ...... - • - • - - • ._u-... - Tod.l'y'~ P.IPl!f Latest flews Economt F.wx:e Cufeol:Alfah Hemdon.11 MaNoemenl Sh*eQl$i Servotech bags 1.8 MW off-grid mm How orderyout lPhone 14 on 8Sikrt ~9et ll:del¥eted 1nnwiutes ~~~~~~ilPrar4.1 ~~~ solar project f rom
Slide 32: Exhibitions India & Abroad
EXHIBITIONS INDIA & ABROAD London EV Show RE+USA 2022 Franchise India 2022 InterSolar The SmarterE 2022 Green Vehicle Expo Bengaluru 2022 2022 EV State Summit Delhi 2022 Auto Expo Motor Show 2023 India Solar & EV Expo 2023 Convergence Smart City Expo Lucknow 2023 31
Slide 33: Awards and Certifications
AWARDS AND CERTIFICATIONS • .J:!. ~I~ J4. E-Vehicle Expo ~-~ MAROt 2023 ..... _ Bu.N'wsa Le&dl ahlp: ~ng(aV ~ Entrepr~n~ur "":::="~' ~EST EXHISITOR Sl"'Uf 1• ...,. Ptt~ • 1n<11ant•odllllG I --···-- !iiiii '!..~ --- .....,......,._............__,.,.._ ___ -omtUlllJCU!IO/l'TM['IQlt ~ a ·- 32 S~TEC
Slide 34: Capital Market Information
CAPITAL MARKET INFORMATION Current Market Price Nifty v/s Servotech graph ₹55.45 (As on 5th May 2023) Share Price Movement NSE Symbol SERVOTECH 60 Market Cap ₹589.6 Cr ₹ 55.5 50 52 Weeks High/Low ₹59.90/ ₹11.40 40 Rupees 30 20 PROMOTER 60.60% & PROMOTER GROUP 10 PUBLIC 39.39% TOTAL 100.00% 0 33
Slide 35: Thank You
Produce Green To Live Green THANK YOU….. Ms. Priya Pandey Investor Relations Advisor Company Secretary Krunal Shah/Naman Maheshwari SERVOTECH POWER SYSTEMS LIMITED Captive IR Strategic Advisors Pvt. Ltd. 011-41183116 +91 9372467194 investor.relations@servotechindia.com krunal@cap-ir.com/naman@cap-ir