Financial Performance Highlights FY 2025-26
Savita Oil Technologies Limited reported exceptional financial results for FY26 with 14.4% revenue growth to ₹4,419 crore (₹4,362.58 crore in Part 2) and 61% PAT surge to ₹182 crore (₹193.85 crore in Part 2). Key metrics include:
- EBITDA: ₹302 crore (39% growth YoY)
- PBT: ₹256 crore (55% growth YoY)
- Sales Volume: 5,13,110 KLs/MTs (16.58% growth), crossing 5 lakh KL milestone
- EPS: ₹28.27 (up from ₹17.99 in FY25)
- Dividend: Recommended 250% (₹5 per share), increased from 200% last year
- Net Worth: ₹1,841 crore (9.85% increase)
- ROCE: 15% and Return on Equity: 11.02%
Operational and Strategic Developments
The company achieved double-digit growth in Transformer Oils, White Oils and Exports, with SAVSOL Ester5 range growing at nearly 5x industry rate. Strategic initiatives include:
- Multi-year lubricant supply agreement with leading global tractor manufacturer
- Synthetic ester manufacturing plant at Mahad operational with 5,000 MTPA capacity
- Wind Power Generation: 94.91 MU from 53.1 MW capacity
- Board approved Scheme of Amalgamation with wholly-owned subsidiary Savita GreenTec Limited
Capital Structure and Investments
The company maintained strong financial positioning with:
- Share Capital: ₹13.71 crore (6.86 crore shares of ₹2 each)
- Completed buyback of 5.4 lakh equity shares at ₹675 per share, utilizing ₹363.42 crore from General Reserve
- Non-Current Investments: ₹30,682 crore including quoted equities, preference shares, and debentures
- Current Investments: ₹16,779 crore primarily in mutual funds
- Current Ratio: 2.52 times
Manufacturing & Sustainability
- 4 manufacturing facilities (Turbhe, Kharadpada, Silli, Mahad) with ISO certifications
- 3 of 4 facilities operate as Zero Liquid Discharge units
- 2,061 kWp rooftop solar capacity across all units
- Energy conservation initiatives resulted in 9.42% power consumption reduction at Turbhe plant
Board and Management Changes
- Mr. Vishal Sood, Whole-time Director, passed away on 3rd March, 2026
- Mr. Ajay Reche appointed as Additional Director (Whole-time) w.e.f. 1st June, 2026
- Mr. Siddharth G. Mehra proposed as Joint Managing Director from 1st October, 2026
- Remuneration details: Gautam N. Mehra (₹5.92 crore), Siddharth G. Mehra (₹1.41 crore)
Regulatory Compliance and AGM
- No material orders passed by regulators/courts impacting going concern status
- Secretarial Audit Report contains no qualifications
- 65th AGM on 31st August, 2026 to approve financial statements, dividend declaration, and director appointments
- Statutory Auditors: G. D. Apte & Co. (re-appointed for second term)
Future Outlook
Company remains optimistic about opportunities from India's manufacturing expansion and energy transition. Focus areas include strengthening SAVSOL brand, expanding B2C business, driving double-digit growth, and building new growth engines around ester-based and advanced fluid technologies.