Infomerics upgrades Servotech Renewable Power System to IVR BBB+, outlook Stable
Servotech Renewable Power System (SERVOTECH) said Infomerics has upgraded its credit rating to IVR BBB+ with a stable outlook. The company is valued at about ₹1,634 crore.
What happened
In a filing with the NSE on 30 September 2026 at 10:19 AM, Servotech Renewable Power System (SERVOTECH) said that Infomerics has upgraded its credit rating to IVR BBB+ with a stable outlook.
From the filing: "Instrument / Facility Current Ratings Previous Ratings Rating Action 1."
Company snapshot
Servotech Renewable Power System is a small-cap company, with a market value of about ₹1,634 crore.
The stock last traded at ₹72.34, against a 52-week range of ₹57.51–₹141.5 (48.9% below the high).
Before this filing the shares had moved −10.7% over the month and −27.9% over three months. Average daily turnover over the last 20 sessions was about ₹3.01 crore.
Promoters held 58.61% at the end of Q1 FY27; 4.24% of promoter shares were pledged. Foreign institutions owned 0.05% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 137 | 5.2 | 0.23 |
| Q2 FY26 | 106 | 1.3 | 0.06 |
| Q3 FY26 | 211 | 14.7 | 0.65 |
| Q4 FY26 | 217 | 12.3 | 0.54 |
| Q1 FY27 | 216 | 9.1 | 0.41 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,184 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Servotech Renewable Power System Limited (NSE:SERVOTECH) Expands Solar Inverter Portfolio
- Servotech Unveils Three New Solar Inverters at Navaarambh 2026
- Servotech Launches New Hybrid Solar and Micro Grid Inverters for SAARC and Middle East
- Servotech Marks the Beginning of a New Era at ‘Navaarambh 2026’, Celebrates Channel Partnership and Unveils Next-Generation Solar Inverters | The Business Guardian - newspaper
- Servotech Renewable Power System Trading Window Closure October 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.