Servotech Renewable Power System Ltd. (NSE: SERVOTECH) has announced a significant sequential recovery in its Q3 FY2025-26 financial results, marking an inflection point driven by a strategic reset and improved operational execution. The company, a leading provider of clean energy solutions specializing in solar innovations and EV charging, reported a substantial surge in profitability and revenue compared to the previous quarter.
Exceptional Financial Performance and Growth Trajectory
The third quarter witnessed a strong sequential turnaround following a challenging Q2. On a consolidated basis, revenue grew by 96.50%, reaching Rs. 21,154.06 lacs. Profitability metrics showed even more dramatic growth, with EBITDA increasing by 282.31% (Rs. 2,846.93 lacs) and Profit After Tax (PAT) skyrocketing by 3824.87% to Rs. 1,551.50 lacs.
On a standalone basis, revenue nearly doubled, growing 96.64% to Rs. 20,239 lacs. Management noted that while there was marginal year-on-year revenue variation due to project timing, the significant improvement in profitability reflects better cost discipline, a favorable product mix, and enhanced manufacturing execution.
Performance by Business Vertical and Key Segment Developments
Servotech’s vertically integrated business model continues to create value across high-growth sectors.
• EV Charging Solutions: The company secured a landmark patent for its innovative CCS2 to GB/T EV Charging Conversion Technology, addressing a major compatibility gap in India’s EV ecosystem. Furthermore, Servotech continues to drive India’s EV network through partnerships with major oil marketing companies like BPCL, HPCL, IOCL, and Nayara.
• Solar Innovations: Servotech bagged several major orders, including a Rs. 73.70 Crore rooftop solar project from NREDCAP in Andhra Pradesh and a 2.58 MW project from South Eastern Railway.
• E-3 Wheeler Industry: In a strategic move to diversify, the company has ventured into the electric three-wheeler lithium-ion battery and charger market, positioning itself at the forefront of clean mobility.
Operational Scale and Market Leadership
With 21 years of experience in power and innovation, Servotech maintains a robust operational infrastructure. The company operates two state-of-the-art manufacturing plants in Kundli and Safiabad, Haryana, and a dedicated R&D department. Its market leadership is supported by an extensive PAN India channel distribution network featuring over 600 distributors and 6,000+ retailers covering 370 towns.
Strategic Expansion and Core Growth Strategies
Servotech is aggressively pursuing international and domestic expansion:
• International Footprint: The company established Servotech Renewable International FZCO in Dubai to target the booming UAE EV and solar markets.
• Advisory Strength: The appointment of Mr. Errol Musk as a Global Advisory Board Member aims to strengthen the company’s global growth agenda and presence in international green technology markets.
• Brand Presence: Actor and philanthropist Sonu Sood has been appointed as the Global Brand Ambassador to amplify the message of sustainability and nationwide adoption of green tech.
Management Commentary and Shareholder Value
Founder and MD Mr. Raman Bhatia expressed confidence in the company’s “decisive turnaround” and sustained operational momentum. The management’s focus remains on scaling domestic manufacturing, pioneering breakthrough technologies, and ensuring quality and affordability.