NSEPress Release23h ago · 21 Jul 2026, 08:07 pm
Press Release
Servotech Renewable Power System Limited · SERVOTECH
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Servotech Renewable Power System Limited has announced its un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026, with a 66.31% growth in standalone revenue and a 93.35% surge in consolidated EBITDA.
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Full Announcement
Servotech Renewable Power System Limited has informed the Exchange regarding a press release dated July 21, 2026, titled "Announcement of Un-audited Standalone and Consolidated Financial Results for First Quarter (Q1) ended 30th June, 2026".
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21st July, 2026
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot no. C/1 G Block,
Bandra- Kurla Complex, Bandra (E) Mumbai – 400051
Trading Symbol: SERVOTECH
Sub.: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulation, 2015.
Dear Sir/Madam,
With reference to the captioned subject, we are enclosing herewith a Press Release with respect
to Announcement of Un-audited Standalone and Consolidated Financial Results for First Quarter
(Q1) ended 30th June, 2026.
Please consider the aforesaid as relevant disclosure required under Regulation 30 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the above information on record and oblige.
Thanking You,
FOR SERVOTECH RENEWABLE POWER SYSTEM LIMITED
(Formerly known as Servotech Power Systems Limited)
RUPINDER KAUR
COMPANY SECRETARY AND COMPLIANCE OFFICER
ICSI MEM NO. - A38697
PRESS RELEASE
Servotech Renewable Delivers Strong Q1 FY27 Financial
Results; Standalone Revenue Rises 66%, EBITDA Surges 63%,
PAT Grows 47%
New Delhi, 21st July 2026: Servotech Renewable Power System Ltd. (NSE:
SERVOTECH), India’s leading solar solutions, BESS, and EV charger manufacturer,
has announced its financial results for the first quarter ended June 30, 2026. The
results were approved by the Board of Directors at its meeting held on 21st June
2026.
Q1 FY2026-27 Financial Review
Standalone
Total Revenue grew 66.31%, standing at ₹20,811.19 lakh in Q1 FY27 from
₹12,513.59 lakh in Q1 FY26.
Gross Profit witnessed a growth of 69.75%, standing at ₹4,510.83 lakh in
Q1 FY27 from ₹2,657.37 lakh in Q1 FY26.
EBITDA stands at ₹2,317.67 lakh in Q1 FY27, growing by 62.85% from
₹1,423.17 lakh in Q1 FY26.
Profit before Tax grew by 48.18%, standing at ₹1,487.72 lakh in Q1 FY27
from ₹1,003.98 lakh in Q1 FY26.
Profit after Tax stands at ₹1,110.05 lakh in Q1 FY27, witnessing a growth
of 47.01% from ₹755.06 lakh in Q1 FY26.
Consolidated
Total Revenue stood at ₹21,629.41 lakh in Q1 FY27, witnessing a growth
of 57.69% from ₹13,716.54 lakh in Q1 FY26.
Gross Profit increased by 86.75%, rising to ₹4,856.09 lakh in Q1 FY27 from
₹2,600.34 lakh in Q1 FY26.
EBITDA surged by 93.35%, standing at ₹2,094.33 lakh in Q1 FY27
compared to ₹1,083.18 lakh in Q1 FY26.
Profit before Tax grew by 61.58% to ₹1,061.61 lakh in Q1 FY27 from
₹657.01 lakh in Q1 FY26.
Profit after Tax stood at ₹794.11 lakh in Q1 FY27, registering a growth of
74.51% over ₹455.05 lakh in Q1 FY26.
Commenting on the results, Raman Bhatia, Managing Director, Servotech
Renewable Power System Ltd., said, “The first quarter of FY27 reflects the
strength of our execution capabilities and the growing market acceptance of our
integrated clean energy solutions. We have delivered strong growth across
revenue and profitability while continuing to invest in innovation, manufacturing
expansion, and technology development. The momentum witnessed during the
quarter is a result of our disciplined approach to execution and our ability to
capitalize on opportunities emerging across the renewable energy, BESS, and EV
charging sector.
As India accelerates its transition towards sustainable energy, we remain
focused on scaling our manufacturing capabilities, advancing indigenous
technology, and delivering long-term value to our customers, partners, and
shareholder with a healthy order pipeline and a strong foundation for growth,
we are confident of sustaining this momentum in the coming quarter.”
- - Press Release Ends - -
About Servotech Renewable Power System Limited (Formerly known as Servotech Power
Systems Ltd.):
Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an
NSE-listed organization that develops tech-enabled EV charging and renewable energy solutions,
leveraging over two decades of experience and expertise in the electronics space. The Company offers
an integrated portfolio across DC chargers, solar inverters (Hybrid and GTI models), Battery Energy
Storage Systems (BESS), and lithium-ion battery packs, serving multiple applications across commercial
and domestic segments. With its comprehensive engineering capabilities, Servotech plays a pivotal
role in developing India's renewable energy and EV technology infrastructure. As a trusted brand with
a strong pan-India presence, the Company's legacy is marked by proven innovations and the
development of advanced technologies.
For more information, please visit https://servotech.in/
PR & Corporate Communications
Prabhutva Tiwari | pr@servotechindia.com | +91 8318873166
Disclaimer:
This press release contains “forward-looking statements” — that is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected future business and financial performance, and often
contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking
statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the
behaviour of the renewable energy, electronics, and EV infrastructure industries; from the integration and performance of
our subsidiaries and joint ventures; and from numerous other matters of national, regional, and global scale, including those
of a political, economic, business, competitive, or regulatory nature. These uncertainties may cause our actual future results
to be materially different from those expressed in our forward-looking statements. We do not undertake to update our
forward-looking statements.