Financial Results Overview

Servotech Renewable Power System Ltd. announced its un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026, approved by the Board of Directors on 21st June 2026.

Standalone Financial Performance (Q1 FY27 vs Q1 FY26)

  • Total Revenue: ₹20,811.19 lakh, representing 66.31% growth from ₹12,513.59 lakh
  • Gross Profit: ₹4,510.83 lakh, showing 69.75% growth from ₹2,657.37 lakh
  • EBITDA: ₹2,317.67 lakh, increasing by 62.85% from ₹1,423.17 lakh
  • Profit before Tax: ₹1,487.72 lakh, growing 48.18% from ₹1,003.98 lakh
  • Profit after Tax: ₹1,110.05 lakh, witnessing 47.01% growth from ₹755.06 lakh

Consolidated Financial Performance (Q1 FY27 vs Q1 FY26)

  • Total Revenue: ₹21,629.41 lakh, showing 57.69% growth from ₹13,716.54 lakh
  • Gross Profit: ₹4,856.09 lakh, increasing 86.75% from ₹2,600.34 lakh
  • EBITDA: ₹2,094.33 lakh, surging 93.35% from ₹1,083.18 lakh
  • Profit before Tax: ₹1,061.61 lakh, growing 61.58% from ₹657.01 lakh
  • Profit after Tax: ₹794.11 lakh, registering 74.51% growth from ₹455.05 lakh

Management Commentary

Raman Bhatia, Managing Director, commented on the results:

  • The Q1 FY27 performance reflects strength of execution capabilities and growing market acceptance of integrated clean energy solutions
  • The company delivered strong growth across revenue and profitability while continuing to invest in innovation, manufacturing expansion, and technology development
  • The momentum resulted from disciplined approach to execution and ability to capitalize on opportunities across renewable energy, BESS, and EV charging sectors
  • As India accelerates transition towards sustainable energy, the company remains focused on scaling manufacturing capabilities and advancing indigenous technology
  • The company maintains a healthy order pipeline and strong foundation for growth, with confidence in sustaining momentum in coming quarters

Business Context

The company is India's leading solar solutions, BESS, and EV charger manufacturer with over two decades of experience in electronics. It offers an integrated portfolio including DC chargers, solar inverters (Hybrid and GTI models), Battery Energy Storage Systems (BESS), and lithium-ion battery packs serving commercial and domestic segments.