- Event Type: Q1 FY27 Earnings Conference Call held post-results announcement.
- Date & Time: The call was held on Wednesday, 22nd July 2026 at 15:00 Hrs IST. The event duration was 30 minutes and 12 seconds.
- Purpose: Discussion of financial results for the quarter ended 30th June 2026 and business updates.
- Management Participants: Mr. Raman Bhatia (Managing Director) and Mr. Vipin Kaushik (Chief Financial Officer).
- Availability of Transcript: The transcript was filed with the National Stock Exchange of India Limited on 28th July 2026 and is also available on the company's website at www.servotech.in.
- Compliance: The filing was made in accordance with Regulation 30 read with Part A of Schedule-III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call was a moderated session with Q&A, but the document does not explicitly state that no UPSI was shared.
Financial Highlights (As Discussed on Call)
Standalone Performance for Q1 FY27:
- Total Revenue: ₹208.10 Crore, up 66.31% YoY from ₹125.14 Crore in Q1 FY26.
- EBITDA: ₹47.00 Crore, up 62.85% YoY from ₹23.18 Crore in Q1 FY26.
- Profit After Tax (PAT): ₹11.10 Crore.
Consolidated Performance for Q1 FY27:
- Total Revenue: ₹216.29 Crore, up 57.69% YoY from ₹137.17 Crore in Q1 FY26.
- EBITDA: ₹20.94 Crore, up 93.35% YoY.
- Profit After Tax (PAT): ₹7.95 Crore, up 74.51% YoY.
Business & Operational Highlights (From Management Commentary)
- Order Wins: Secured a major rooftop solar order from South Central Railway. Received an order for a 900 kW Battery Energy Storage System (BESS) from Uttar Pradesh.
- Capacity Expansion: Signed an MoU with the Government of Haryana to expand manufacturing capacity in the state. For BESS, plans are to double capacity in the next 6 months, achieve 3x capacity by 31st March 2027, and 10x capacity within the next 2 years.
- Product Ratings: Received BE5 star rating for 60 kW and 120 kW DC EV chargers; the 240 kW model is in process.
- Distribution: Actively expanding channel partner network across India, including South, North, and North-East regions.
- Outlook: Management indicated that H2 is typically stronger than H1 seasonally. Focus remains on growth over margins, stating that margins are a by-product of scale and execution.
- Subsidiary: Servotech Sports & Entertainment (event management and owner of cricket franchises) was not profitable in Q1 FY27.
Additional Notes Section
- The document is a regulatory filing submitted to the NSE, intimating them of the availability of the earnings call transcript.
- The attached transcript includes the full English and Hindi versions of the Q&A session from the call.
- The filing was digitally signed by Rupinder Kaur, Company Secretary and Compliance Officer (ICSI Membership No: A38697).