July 22, 2026: Servotech Renewable Power System Ltd. (NSE: SERVOTECH) has reported a strong start to FY27, posting healthy growth across revenue, profitability, and operating performance for the quarter ended June 30, 2026. Driven by rising demand for its renewable energy, Battery Energy Storage Systems (BESS), and EV charging solutions, the company delivered robust year-on-year growth in both its standalone and consolidated financial performance.
Author: Aadarsh Patel | EQMint
The Board of Directors approved the unaudited financial results for the first quarter of FY27 on July 21, reaffirming the company’s growth trajectory amid India’s accelerating clean energy transition.
Standalone Revenue Climbs 66%, Profit After Tax Up 47%
Servotech’s standalone business recorded strong operational growth during the quarter.
The company reported total revenue of ₹208.11 crore, marking a 66.31% increase from ₹125.14 crore in the corresponding quarter last year.
Gross profit rose 69.75% to ₹45.11 crore, while EBITDA increased 62.85% to ₹23.18 crore. Profit Before Tax (PBT) grew 48.18% to ₹14.88 crore, and Profit After Tax (PAT) climbed 47.01% to ₹11.10 crore during the quarter.
Consolidated Performance Remains Strong
On a consolidated basis, Servotech continued its strong momentum.
Revenue increased 57.69% year-on-year to ₹216.29 crore, while gross profit jumped 86.75% to ₹48.56 crore.
EBITDA nearly doubled, rising 93.35% to ₹20.94 crore. Profit Before Tax grew 61.58% to ₹10.62 crore, and consolidated Profit After Tax surged 74.51% to ₹7.94 crore.
The strong financial performance reflects continued demand across the company’s clean energy portfolio and improved operating efficiency.
Management Sees Strong Growth Ahead
Commenting on the quarterly performance, Raman Bhatia, Managing Director of Servotech Renewable Power System Ltd., said the company continues to benefit from strong execution capabilities and increasing market acceptance of its integrated clean energy solutions.
He added that Servotech remains focused on expanding manufacturing capacity, strengthening indigenous technology, and creating long-term value while maintaining a healthy order pipeline for future growth.
Strong Institutional Backing
Apart from its robust quarterly performance, Servotech also enjoys notable institutional participation.
According to the latest shareholding pattern, Zenith Multi Trading DMCC, an FII entity beneficially owned by Hari Shankar Tibrewal, holds more than 51 lakh equity shares in the company.
The significant foreign institutional holding reflects continued confidence in Servotech’s long-term growth prospects as it expands its presence in renewable energy, EV charging infrastructure, Battery Energy Storage Systems (BESS), and solar technology.
Positioned to Benefit from India’s Clean Energy Push
Servotech has steadily expanded its portfolio beyond EV chargers into solar inverters, Battery Energy Storage Systems (BESS), lithium-ion battery packs, and integrated renewable energy solutions. With over two decades of experience in the electronics industry, the company is positioning itself to benefit from India’s growing investments in renewable energy and electric mobility.
As government initiatives continue to support domestic manufacturing and clean energy infrastructure, companies operating in this segment are expected to see sustained growth opportunities.
Conclusion
Servotech Renewable has delivered another strong quarterly performance with double-digit growth across key financial metrics. Rising revenue, improving profitability, and a growing order pipeline indicate healthy business momentum heading into the rest of FY27.
The company’s expanding clean energy portfolio, coupled with institutional backing from investors such as Zenith Multi Trading DMCC, positions it well to capitalize on India’s transition toward renewable energy and EV infrastructure.
Key Financial Highlights
| Metric | Q1 FY27 | YoY Growth |
|---|---|---|
| Standalone Revenue | ₹208.11 crore | 66.31% |
| Standalone EBITDA | ₹23.18 crore | 62.85% |
| Standalone PAT | ₹11.10 crore | 47.01% |
| Consolidated Revenue | ₹216.29 crore | 57.69% |
| Consolidated EBITDA | ₹20.94 crore | 93.35% |
| Consolidated PAT | ₹7.94 crore | 74.51% |
Frequently Asked Questions
How did Servotech perform in Q1 FY27?
Servotech reported 66.31% growth in standalone revenue and 47.01% growth in Profit After Tax, reflecting strong operational performance during the quarter.
What drove Servotech’s growth?
The company attributed its performance to increasing demand for renewable energy solutions, EV charging infrastructure, Battery Energy Storage Systems (BESS), manufacturing expansion, and disciplined execution.
Who is the major FII investor in Servotech?
According to the latest shareholding pattern, Zenith Multi Trading DMCC, beneficially owned by Hari Shankar Tibrewal, holds more than 51 lakh equity shares in the company under the FII category.
What businesses does Servotech operate in?
Servotech develops EV chargers, solar inverters, Battery Energy Storage Systems (BESS), lithium-ion battery packs, and other renewable energy solutions.
Servotech Renewable reports strong Q1 FY27 results with revenue growth of 66% and strong institutional backing.
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Disclaimer: This article is not an investment advice and is for educational purpose only.
