Servotech Renewable Power System Ltd., one of India’s leading names in solar solutions, battery storage, and EV chargers, just posted a first quarter that’s hard to ignore — with revenue, profit, and margins all climbing sharply.
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The Numbers That Matter
On a standalone basis, Servotech’s total revenue jumped 66.31% year-on-year to ₹20,811.19 lakh in Q1 FY27, up from ₹12,513.59 lakh in the same quarter last year. EBITDA grew 62.85% to ₹2,317.67 lakh, while Profit After Tax rose 47.01% to ₹1,110.05 lakh.
The consolidated numbers tell an even stronger story — gross profit surged 86.75%, EBITDA nearly doubled with a 93.35% jump, and consolidated PAT grew 74.51% year-on-year to ₹794.11 lakh.
Servotech: Overview
| Metric | Q1 FY26 | Q1 FY27 | Growth |
|---|---|---|---|
| Standalone Revenue | ₹12,513.59 lakh | ₹20,811.19 lakh | 66.31% |
| Standalone EBITDA | ₹1,423.17 lakh | ₹2,317.67 lakh | 62.85% |
| Standalone PAT | ₹755.06 lakh | ₹1,110.05 lakh | 47.01% |
| Consolidated Revenue | ₹13,716.54 lakh | ₹21,629.41 lakh | 57.69% |
| Consolidated EBITDA | ₹1,083.18 lakh | ₹2,094.33 lakh | 93.35% |
| Consolidated PAT | ₹455.05 lakh | ₹794.11 lakh | 74.51% |
What’s Driving the Growth
Servotech operates across renewable energy segments including solar inverters, DC EV chargers, Battery Energy Storage Systems (BESS), and lithium-ion battery packs — putting it right in the middle of India’s clean energy push. Managing Director Raman Bhatia credited the quarter’s strength to disciplined execution and the company’s ability to capture opportunities across renewable energy, BESS, and EV charging as demand accelerates nationwide.
Bhatia also pointed to continued investment in manufacturing expansion and indigenous technology development as key pillars behind the company’s momentum, adding that a healthy order pipeline gives management confidence heading into the coming quarters.
Why This Matters
With India pushing hard toward sustainable energy infrastructure, companies like Servotech sit at the intersection of several fast-growing sectors at once — solar, battery storage, and EV charging. A quarter like this, with EBITDA nearly doubling on a consolidated basis, signals real operating leverage as the company scales.
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FAQs
How much did Servotech’s standalone revenue grow in Q1 FY27?
Standalone revenue grew 66.31% year-on-year to ₹20,811.19 lakh.
What businesses does Servotech Renewable operate in?
The company manufactures solar inverters, DC EV chargers, Battery Energy Storage Systems (BESS), and lithium-ion battery packs.
