Servotech Renewable Power System Ltd · NSE:SERVOTECH
Servotech Renewable Power System — Servotech Power Systems — Q2 FY2024 Earnings Presentation
37 slides from Servotech Renewable Power System's earnings presentation, Nov 1, 2023
Slide 1: Servotech Power Systems Limited stock exchange filing letter
1st November, 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 Un-audited Financial Results of the Company for the quarter ended 30th September, 2023 Dear Sir/Madam, In
Slide 2: Q2 & H1 FY24 Investor Presentation
s mart power solutions Q2 & H1 FY24 Investor Presentation
Slide 3: Safe Harbour
Safe Harbour 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 act
Slide 4: Mission & Vision
Mission & Vision Mission Statement To design sustainable and tech-enabled solutions for achieving optimal utility and product performance To bring substantial value and satisfaction to clients, stakeholders & customers with long-term growth insight Vision Statement “To create and introduce a series
Slide 5: 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 Aged 47, he is a graduate in commerce from University of Delhi and has a diploma in with his time at HCL. Later he held
Slide 6: Journey
Journey 2004 2009 2014 2019 2021 2023 We came up with Considering the growing A range of products Launched ServPort a In view of the narrowing Launched Solar powered EV Charger Carport leading-edge advent of technology, we exclusively dedicated standard plug-n-play grid availability of oxygen Sine-W
Slide 7: Product Categories
Product Categories Solar Solutions EV Chargers Power & Backup LED Servo Stabilizers Solar PCU AC & DC Fast Chargers An important part of an LED lights produce light An important part of an Solar Panels For every type of EV electrical supply system around 90% more electrical supply system Solar Servp
Slide 8: Solar Solutions
- - - - - - - - - - - - - - - SERt/GTEC Solar Solutions SE/l'/iitrEC _....,. Solar Panels • Off Grid Inverter • On Grid Inverter • Tubular Battery • Street Lights • Charge Controller
Slide 9: EV Chargers - AC & DC Range
EV Chargers - AC & DC Range 3.3kW 7kW 10kW 11kW 14kW 22kW 20kW 30kW 60kW 120/240kW 360kW
Slide 10: Leading Solar EPC & Solutions
Leading Solar EPC & Solutions Servotech Power Systems LTD. is the leading solar EPC Company in India, with over 18 years of experience in the solar industry. We provide complete solar solutions for solar power projects, including engineering, procurement, construction, and commissioning. Residential
Slide 11: Our Contribution in Solar Energy
Our Contribution in Solar Energy We have Installed more than 15 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 12: Our Contribution in EV Charging
SERt/GTEC .. ....,,... ~··" ..,., Our Contribution in EV Charging
Slide 13: Clientele
SERt/GTEC .. ....,,... ~··" ..,., Clientele NAYARA EN ERG Y ... g1z @ Oe utsche Gessllsc haft @ D AIMLER fUr lnterna1 ionala Zusammenarbeit (GIZ) GmbH on Ge Bharat Petroleun11 Hindustan~ Limited Ministry of Railways
Slide 14: Leveraging our Strengths
Leveraging our Strengths 1 2 Long standing relationship Diversified product with Petroleum Companies, portfolio with presence PSUs, State Nodal in more than 21 states Agencies of India 3 4 Professional from top High-end advanced institutes of India Solar Products and leading our state-of- EV Charger
Slide 15: Growth Drivers
Growth Drivers Governments subsidies and Increasing demand for policies to promote local EV charging stations manufacturing of EV Components and sustainable energy resources Local manufacturing Rising urbanization and boost in Solar & EV awareness of climatic change industry have led to increase in
Slide 16: Scaling New Horizon
Scaling New Horizon 01 05 02 04 03 Servotech and Al-Ansari Signed two MOUs with IIT Motors LLC, UAE inks pact Roorkee to develop state- to provide EV Charging of-the-art rectifier units for Stations in Middle Eastern Servotech with NSEFI Signed a MoU with the CCS2 chargers and and African market to
Slide 17: Corporate Updates
Corporate Updates Implementation of SAP S/4 HANA Software SPSL filed Two Patents titled “System and Method for Controlling Load Shifting by Third Party” and “System and Method for Effective Energy Channelization from a Renewable Energy Source” for Energy SPSL Achieved Record-Breaking Management Tech
Slide 18: Industry Overview
Industry Overview Target Solar Capacity for 2030 to result in huge market expansion (Capacity numbers in GW) SOLAR INDUSTRY 817 1. India ranks 4th in solar power installed capacity. 140 2. The solar power market share in India is expected to increase by $240.42 Bn from 2021 to 399 2026, at a CAGR of
Slide 19: Industry Overview
Industry Overview EV SALES PENETRATION: EV CHARGERS 1. As of July, 2023, as many as 8,738 public EV charging stations are operational in India. 2. Govt. allocate subsidies of INR 800 Cr to set up 22,000 fast chargers at various fuel pumps across India 3. The government has sanctioned 2,877 such char
Slide 20: Servotech is Contributing in Indian EV Charging Infrastructure
Servotech is Contributing in Indian EV Charging Infrastructure Servotech is Creating Green Corridor for Greener India with help of Oil Marketing Companies
Slide 21: New Product Developments - EV Charging Components
New Product Developments - EV Charging Components Charging Cables Backward AC DC Modules Control Card CCS2 & Type 2 Integration
Slide 22: New Product Developments Solar Powered EV Charger Carport
New Product Developments Solar Powered EV Charger CARPORT Empowering EVs with Sustainable Solar energy- Powered Charging Solutions
Slide 23: Key Financial Snapshots Net Sales
Key Financial Snapshots Net Sales 8,000.00 70.9% 10,000.00 115.2% 8,000.00 6,000.00 ₹6,879.03 6,000.00 4,000.00 ₹8,659.09 ₹4,024.64 4,000.00 2,000.00 ₹4,023.96 2,000.00 0.00 0.00 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Standalone Consolidated Value in Lac’s
Slide 24: Key Financial Snapshots Gross Profit
Key Financial Snapshots Gross Profit 18.8% 106.4% 15.1% 1,400.00 103.2% 21% 1,400.00 1,200.00 1,200.00 225% 1,000.00 1,000.00 800.00 15.8% 800.00 15.8% ₹1,290.9 ₹1,311.3 600.00 600.00 400.00 ₹635.18 400.00 ₹635.44 200.00 200.00 0.00 0.00 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Standalone Consolidated Value
Slide 25: Key Financial Snapshots EBITDA
Key Financial Snapshots EBITDA 140.0% 8.6% 148.2% 6.9% 600.00 600.00 500.00 500.00 400.00 400.00 ₹590.1 ₹597.0 300.00 6.1% 300.00 6.0% 200.00 200.00 ₹ 245.9 ₹240.5 100.00 100.00 0.00 0.00 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Standalone Consolidated Value in Lac’s
Slide 26: Key Financial Snapshots Profit After Tax
Key Financial Snapshots Profit After Tax 4.4% 3.6% 600.00 600.00 266.6% 300.3% 500.00 500.00 400.00 400.00 ₹300.9 ₹312.4 300.00 2.0% 300.00 1.9% 200.00 200.00 ₹82.1 ₹78.0 100.00 100.00 0.00 0.00 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Standalone Consolidated
Slide 27: Key Financial Snapshots EPS
Key Financial Snapshots EPS 0.14 250.0% 0.14 275.0% 0.12 0.12 0.1 0.1 0.08 ₹0.14 0.08 ₹0.15 0.06 0.06 0.04 0.04 ₹0.04 ₹0.04 0.02 0.02 0 0 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Standalone Consolidated
Slide 28: Consolidated Income Statement
Consolidated Income Statement Consolidated Financial Performance Particulars (₹ in Lakhs) Q2 FY24 Q2 FY23 YoY% Q1 FY24 H1 FY24 H1 FY23 YoY% Comparison – Q2 FY24 v/s Q2 FY23 Revenue from operations 8,592.94 4,016.07 113.9% 7,956.62 16,549.57 7,219.94 129.2% ● Our revenue increased by 115.2% to ₹8,659
Slide 29: Balance Sheet
Balance Sheet Particulars (₹ in Lakhs) 30th Sep’23 31th Mar’23 Particulars (₹ in Lakhs) 30th Sep’23 31th Mar’23 Assets Equity & Liabilities PP&E 1,827.04 1,979.53 Equity Share Capital 2,126.54 2,126.54 Other Intangible Assets 58.15 15.63 Other Equity 6,805.57 6,090.68 Capital Work In Progress 0.00 2
Slide 30: Management Comments on the Performance
Management Comments on the Performance Commenting on the performance of Q2 FY24, Mr. Raman Bhatia, the Managing Director of Servotech Power Systems Limited (SPSL) stated: “We are elated to share our substantial contribution in promoting a more eco-friendly and sustainable future. Presently, we hold
Slide 31: Business and Financial Outlook
Business and Financial Outlook EV CHARGER LITHIUM SOLAR MICRO SOLAR HYBRID ON BOARD BUSINESS BATTERY INVERTERS INVERTERS CHARGERS PLANS A new EV plant with a Focus on scaling up the To enhance and emphasize on To prioritize and strengthen We're gearing up to become a manufacturing capacity of 6 Lith
Slide 32: Media Coverages
SERt/GTEC Media Coverages ecogeors .... •· •• ,,. ... ,,,_ , ~. EMOBILITY+ lllA.uto Levera ging Emerging T echnolo gies t o ---- -·---·--------u"'"-"' __...___ ____ ____... Servotech transforms business processes with _.,. SAP 54 HANA Grow ". _,.,, Create Intelligent EV C harging Battery M anagement
Slide 33: Exhibitions - India and Abroad
Exhibitions - India and Abroad Servotech signs MoU with Uttar Servotech showcases its EV DC Convergence Smart City Expo India Solar & EV Expo 2023 Pradesh Govt to Manufacture DC fast chargers range at EVIS 30 May 2023 2023 Lucknow chargers Auto Expo Motor Show 2023 EV Expo 2023 REI Expo 2023
Slide 34: Recognitions
Recognitions E·Vehicle Expo If}@-~ MARCH 2023
Slide 35: Capital Market
Capital Market CMP (As on 31st October 2023) ₹78.45 Servotech Price graph NSE Symbol SERVOTECH Market Cap ₹1,667.21Cr 52 Weeks High/Low ₹100.00 52 Weeks Low ₹12.55 Shareholding Pattern as of 30th Sep, 2023 Promoter Group 60.60% Public 29.98% FPI 9.42% Sourced from NSE Total 100.00%
Slide 36: Our Manufacturing Plants
Our Manufacturing Plants Existing: UNIT-1 Coming Soon: UNIT-2
Slide 37: Thank You
Thank You Ms. Rupinder Kaur 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.com
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