{"id":182201,"date":"2026-05-01T06:42:36","date_gmt":"2026-05-01T10:42:36","guid":{"rendered":"https:\/\/alphastreet.com\/india\/servotech-renewable-power-system-ltd-servotech-q4-2026-earnings-call-transcript\/"},"modified":"2026-05-01T06:42:36","modified_gmt":"2026-05-01T10:42:36","slug":"servotech-renewable-power-system-ltd-servotech-q4-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/servotech-renewable-power-system-ltd-servotech-q4-2026-earnings-call-transcript\/","title":{"rendered":"Servotech Renewable Power System Ltd (SERVOTECH) Q4 2026 Earnings Call Transcript"},"content":{"rendered":"

Note:<\/strong> This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon.<\/em><\/p>\n

Servotech Renewable Power System Ltd (NSE: SERVOTECH) Q4 2026 Earnings Call dated May. 01, 2026<\/span><\/strong><\/p>\n

Corporate Participants:<\/h2>\n

Raman Bhatia<\/strong> \u2014 Founder & Managing Director<\/em><\/p>\n

Vipin Kaushik<\/strong> \u2014 Chief Financial Officer<\/em><\/p>\n

Analysts:<\/h2>\n

Unidentified Participant<\/strong><\/p>\n

Unidentified Participant<\/strong><\/p>\n

Jitesh Parmar<\/strong> \u2014 Analyst<\/em><\/p>\n

Unidentified Participant<\/strong><\/p>\n

Presentation:<\/h2>\n

Operator<\/strong><\/p>\n

Ladies and gentlemen, good day and welcome to the Q4FY26 investor earnings conference call for Servotech Renewable Power System Ltd. As a reminder, all participant lines will be in the listen only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need any assistance during this call, please signal an operator by pressing STAR and then zero on your touchstone telephone. Please note that this conference call is being recorded. I now hand the conference over to Mr.<\/p>\n

Raman Bhatia, the Managing Director of Servotech Renewable Power System Ltd. Thank you. And over to you sir.<\/p>\n

Raman Bhatia<\/strong> \u2014 Founder & Managing Director<\/em><\/p>\n

Thank you. Good morning ladies and gentlemen and a warm welcome to the Q4 and full year FY26 earning conference call of Servotech Renewable Power Systems Ltd. Thank you for joining us today. I am Raman Bhatia, Managing Director and I am joined by our Chief Financial Officer, Mr. Vipin Koshik. We will walk you through the results, the context behind them and our outlook after which we will be happy to take your questions. FY26 was a transformational year for Serv. We have started the year with our strongest quarter ever recorded as a listed company.<\/p>\n

Let me start with what defines the year in Q4FY26. The quarter just ended on 31st March 2026. Our standalone revenue was 211.2 crores, growing 67% year on year. Our standalone EBITDA was 23.2 crore, growing 70% year on year and our standalone pad was 11.7 crore, growing 49% year on year. On a consolidated basis, Q4 revenue was 219, up 49% year on year and consolidated EBITDA was 24.2 crore up 81% year on year. This is not a one quarter phenomena. The strength is in the second half of the year. Standalone revenue in H2FY26 was 411 crore year on year while EBITDA margin in H2 was 12%, the highest in our listed history.<\/p>\n

In short, we entered FY27 with our strongest run rate ever and with capacity already commissioned to support continued growth. Coming to the full year on a standalone basis, revenue from operations was 637 crore, growing 8.4% year on year. On a higher basis of 587 crore in FY25, operating EBITDA was 74.2 crore, growing 26.5% year on year, EBITDA margin expanded to 11.6%, the highest in our listed history. Up from 9.7% in FY25 and expansion of 161 basis points. Profit after tax was 36.3 crore growing 8.3%.<\/p>\n

The reason PAT growth lacked EBITDA growth was that we commissioned 64 crore of a new manufacturing capacity during the year. The full year impact of higher depreciation and finance cost from the commissioning is reflected in the profit and loss from FY27 onwards. We expect the capex flow through to be left and the operating leverage should fully reflect in the bottom line. On a consolidated basis, FY26 revenue was 675 crore compared to 676 crore in FY25. Broadly consolidated EBITDA was 71 crore going 22% while profit after tax attributable to shareholders was 33.5 crore broadly in line with FY25 32.7 crore.<\/p>\n

I want to address the consolidated revenue directly. The flat consolidated number compared to standalone growth of 8.5% reflect our deliberate scale down of low margin trading activities in our medical equipment subsidiaries. Rebuild medical device Rebate revenue moved from 98cr in FY25 to 32cr in FY26 as we focus capital on our higher margin core renewable energy and EV businesses. Excluding this single subsidiary effect, our consolidated revenue grew approximately 12% year on year. The PAT impact of rebates scale down is minimal.<\/p>\n

The subsidiary remained profitable just as a low scale. Operationally FY26 was a year of significant capability. Capability building first capacity we commissioned new manufacturing line for solar hybrid inverters and grid tied models which is now our flagship growth product for battery energy storage systems and for our lithium ion battery packs. We also added quality testing and R and D infrastructure. Total capex for the year was 64 crore. Importantly, this capex program is now substantially complete and it will help us to deliver the growth ahead in FY2627.<\/p>\n

We expect 27 CAPEX to moderate to a lower run rate funded entirely from internal accruals. Second product mix the shift towards solar inverter and higher capacity DC charges in the 120 kilowatt to 360 kilowatt models and VESS is the structural reason for our 200 basis point margin expansion. This is not a one year benefit. As solar DC chargers and vessels volume grow, we expect this margin profile to be sustained or modestly improved. Third, retail and brand expansion our retail channel which was just 2 growth permanent in FY22 is now running at approximately 25 crore per month with major growth expected ahead.<\/p>\n

Thus support this scaling. We have signed brand Amazon, run TV advertisement campaigns and undertake extensive above the line and below the line marketing activities to create a structured platform for these brand building initiatives. We have organized our email management, dealer engagement and content production capability through three group entities, Serv, Sports and Entertainment, Hudson Pixel and our investment in Cricket through the SILIC franchise. Cricket is the most powerful brand building platform in India and these initiatives are directly supporting the retail channel scale up that drove over FY26 route 4th EPC and project education our government EVC business including state EV charging tenders and Railway projects contract has grown into a meaningful portion of revenue.<\/p>\n

We have also strengthened our institutional relationship with railway and the major oil marketing companies supported by a strong order pipeline. Now I’m talking about balance sheet working capital and FY27 plans. I want to take a moment to address our balance sheet movement directly because I expect it will be on your minds. Our standard borrowing increased from 75 crore to 196 crore during the year. Our trade receivables increased from 155 crore to 43 crore. Operating cash flow was negative for the year.<\/p>\n

These movements reflect three specific business sectors and each has a clear path to normalization in FY27. First capex and asset purchase of our 121 crore office debt during the year approximately 79 crore was deployed into a capital expenditure and asset purchase and investment in Solar PV Manufacturing Co. Including the new manufacturing capacity I mentioned earlier. This is a invested capital not consumed working capital. The asset this grew from 64 crore to 117 crore and increase that support our future revenue capacity.<\/p>\n

Second receivables the increase in receivable has two specific drivers. Approximately 40 crores is stuck with oil marketing companies, IOCL, BPCL, HPCL due to infrastructure related payment delays. We have already engaged with our bankers on this and we are working through commercial mechanism to release this position. Approximately 60 crore is in respect of railway projects which were in work in Progress as of 31 March. Our payment terms on these contracts are 60% against delivery and 40% against commissioning.<\/p>\n

As these projects commissioned in the current financial year, the cash will flow in together these two specific situations account for approximately 100 crore of our receivable increase and both have a clear path to release third working capital cycle structure. As our government EPC business has grown, our working capital cycle has structurally lengthened. Milestone billing, retention money or five years performed and guarantees and the absence of mobilization advances are inherent feature of their business model.<\/p>\n

Of this business Model. We are addressing these through specific operational levers in FY27 including incremental growth in channel sales where working capital is less than 30 days conversion of retention money to bank analytic instruments to release working capitals and dedicated treasury follow up on running bill realization. Looking forward, FY27 is a year of operational consolidation. We have planned no fresh long term debt capex moderate significant team. Our focus is on three measurable outcomes Restoring positive operating cash flow, reducing our gearing back below half a turn over the year and bringing receivable collection back industry typical level.<\/p>\n

Importantly the order book and the run date we excited Q4 will give us a confidence in our top line trajectory while we execute this normalization. Now hand over to<\/p>\n

Vipin Kaushik<\/strong> \u2014 Chief Financial Officer<\/em><\/p>\n

Thank you. Just to summarize the key ratios for the financial FY26 on a standalone which is operating EBITDA margin is 11.6 percentage compared to 9.7 percentage in FY25. Interest coverage on EBITDA basis was 6.2 times which was well above the stress level. Debt to equity at the year end 0.74 times. Net debt to EBITDA is 1.8 times within comfortable lender ranges. Current ratio is 1.5 times return on equity is 14.7 percentage earning per share basis basics 1.61 per share growing 8% year on year.<\/p>\n

Our credit rating from Informatics remains at BBB plus with a stable outlook on the long term and a to one short term. An upgrade received in September 25th we engage to continue productively with the rating agencies. We will hand over to someone. Sir,<\/p>\n

Raman Bhatia<\/strong> \u2014 Founder & Managing Director<\/em><\/p>\n

Looking ahead to FY27 we see strong demand visibility across our core segments. Solar inverter, DC chargers driven by the central government EV infrastructure rollout, BHS driven by both grid scales and behind the meter application and our project execution pipeline supported by healthy order book. FY27 will be a year of operational consolidation built on FY26 capacity additions. Our focus will be on operating leverage flow through working capital normalization and disciplined capital allocation.<\/p>\n

Margin expansion in FY26 was structural and we expect to sustain a modesty improve from current level. We will continue to engage productively with our bankers, our rating agencies and our Investor community throughout FY27. With that I would like to thank you for your time and your continued support. We can start with the questions. Please open the line for questions.<\/p>\n

Questions and Answers:<\/h2>\n

Operator<\/strong><\/p>\n

Sure sir. Thank you very much. Ladies and gentlemen, we will now begin with the question and answer session. Anyone who wishes to ask a question may enter STAR followed by one on the touch tone Telephones. If you wish to remove yourself from the question queue, you may enter Star and 2. Participants are requested to please use only handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the queue assembles. Participants with questions may enter star and 1. The first question is from the line of Randir Kumar Singh from Randir huf.<\/p>\n

Please go ahead. Randy, your line is unmuted. You may go ahead and ask a question.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Hello sir. Thanks for the opportunity.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Detailed. And number two here already.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Four five times. Revenue contribution.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Or.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Infrastructure. Infrastructure developer.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Infrastructure develop karnaka private parties. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Participants with questions may enter Star and one on your touchstone telephones. To ask any questions. You may enter star and one. We have a question from the line of Prashant Pardesi an individual investor. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Hello.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Hello.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Project yeah. Automobile company<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Partnership money. Hello. Or automobile company. Manufacturing companies. 120 kilowatt, 240 kilowatt, 360 kilowatt or already. Or pickup streamline. Me Katanki agarwash. In products may have questionable. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. As a reminder, if you have any questions at this time you may enter star and 1. The next question is from the line of Maheshwar an individual investor. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Yeah. Hi. Thank you. Segment.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Battery already. But simultaneously solar batteries 1.2 kilowatt, 2.5 kilowatt, 5 kilowatt, 10 kilowatt and solar and the solar hybrid. Channel. Now we have crossed 25. Decision making or channel sales customer acquisition. Okay. Okay, thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. To ask a question please enter star and one. The next is a follow up from the line of Randir Singh. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Year on year basis 66% the overall year on year.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Simple.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Okay thank you sir. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. The next question is from the line of Kitesh Parmar an individual investor. Please go ahead.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Yeah right. Thank you. Between the PSU and detail how this would you know basically look like for your you know annual probably.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Yes 50% of the total revenue government revenue versus channel and so we will trying to cross more than 50 and we are working on that.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay. Working capital requirement. Generally retail the explain just again<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Business strategies. Project complete Karnama so by default payment. Correct. Per channel partner profit share Karthio so Agika Sara Jimoska Maleta so Apka cycle season mayor including inventory revenue including inventory turnover.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Thank you.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Do you think we have peaked or you know it would take another couple of quarters okay for this to basically stabilize.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Already. Financial. Or merajo outstanding dose of Commissioning Valley project may have joki extended terms. So it is around more than 140 days. 138 days.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Hello<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Sir. Thank you. Yes. Yes sir. I’m listening. Thank you sir. Thank you. Thank you very much. Thank you for your answer.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. To ask a question, you may enter star and one. We have the next question from the line of J. Shah from HDFC Securities. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Hi sir, I just wanted to ask a couple of questions that what what is the revenue like breakup in terms of. So the EV and. Split<\/p>\n

Raman Bhatia<\/strong><\/p>\n

You want. You want to ask product wise or correct? Correct. So revenue contribution in<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Terms of like every. Each and every<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Solar products we are calculating in total so it is around 51% of the total revenue. And if you are talking about DC charges so it is around 15. And if we are talking about AC and small charges then it is around 27. And energy storage is still only 1% because it has just started and power is again around 1%. Inc and AMC which will become a very big chunk in coming years that is around 4% so total is around 100%.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Okay. And the margin contribution similar to that what would be.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Back end warehousing expenses, production line expenses. But yes.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

And like going forward for FY27 28 onwards. So what are your plans in terms of growing the coming towards like solar based or you are like planning to penetrate more in EV segment. So like I can see the presentation but I I just wanted to know from you like what is your view for like couple of years down the line.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Green energy Babat right Product portfolio because in total green energy right. With a battery energy storage that means now our charger with solar with battery energy storage also so EV charger with energy storage that is number one solar. So energy storage is also a part of a EV Energy storage is a part of the solar.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

So because I just wanted to know okay like going forward so on in terms of capacity and in terms of sorry<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Manufacturing point of view. So it’s May 7080 because electronic and electrical product. Manufacturing process. More than 70 80%. But yes. 60% solar and 40% gas perhaps.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Okay and going forward what would be the like guidance? Like I know that you are not willing to like give exact numbers but in terms of percentage or so that you can.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Apna or upna.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Investor Killy just kiss or<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Usmatla. Guidelines or hamfirmska yeah Paranja Nikki but how many. Investors investors get passive Nagi or Kutch Hamari Kamka right.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Thank you<\/p>\n

Raman Bhatia<\/strong><\/p>\n

So much. Thank you,<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We have A follow up from the line of Gites Parmar individual investor please go ahead.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Yeah thank you.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

On call. Objective.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay let me ask it different way.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

All hindustan may gariani. Screen of TV so battery even though. Smartphone the Jamanaya or Joe Abhiham smartphone computer is computer mobile so. Septic charger Milta or Joy Gaddy come a charger Bolam. Charger kitten charger. Technology. Or better. Even 240 260.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay. Battery pack manufacturing capacity. Where we would like to be okay. Obviously battery.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

As a product.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

We are into assembly or you know when we say lithium ion battery manufacturing.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

India may 99 assembly battery pack assemble. 90% manufacturing. Battery management system Joe mechanical design have upkeep thermal engineering or product for India For India. Specifications.<\/p>\n

Jitesh Parmar<\/strong><\/p>\n

Okay sir or last question from my side sir. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Participants with questions may enter star and 1. We have a follow up from the line of Randhir please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Further equity dilution Equity.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Probably. Around 50%. Say about<\/p>\n

Unidentified Participant<\/strong><\/p>\n

26 kilier.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

26, 27.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Working capital days.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Multiple time. Business key diversion or channel distributions so that working capital.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Thank you.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Hello.<\/p>\n

Operator<\/strong><\/p>\n

Yes. All right. Thank you. Participants, if you have any questions you may enter star and one. As there are no further questions I would like to hand the floor over to the management for closing comments.<\/p>\n

Raman Bhatia<\/strong><\/p>\n

Thank you. So thank you ladies and gentlemen for your time and your questions. Today. FY26 has been a defining year for Servotic. The strongest quarter in our listed history. Our highest ever EBITDA margin and capacity now commissioned to support continued growth. The question you have asked today reflects a general engagement that drive us to do better and we welcome that scrutiny. As we enter FY27, our priorities are clear operational consolidation, working capital normalization and disciplined capital allocation.<\/p>\n

We are committed. Committed to delivering on these priorities and to continue transparent engagement with the investor community. On behalf of VIPIN and the entire routing team, I want to thank our shareholders for your continued trust, our customer and partners for the long lasting relationship we share and our employees for their dedication through a year of significant transformation. Should you have any further question following this call, please reach us to our investor relation team. The contact details are available on our website.<\/p>\n

We look forward to engaging with you again at our Q1FY27 result. Thank you and good day. Bye bye. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you very much everyone. On behalf of Servotech Renewable Power System Ltd. That concludes this conference call. Thank you all for joining us and you may now disconnect your lines. Thank you.<\/p>\n","protected":false},"excerpt":{"rendered":"

Note: This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon. Servotech Renewable Power System Ltd (NSE: SERVOTECH) Q4 2026 Earnings Call dated May. 01, 2026 Corporate Participants: Raman Bhatia \u2014 Founder & Managing Director Vipin Kaushik \u2014 Chief Financial Officer Analysts: Unidentified Participant Unidentified Participant […]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,10089,15613],"class_list":["post-182201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-quarterly-earnings","tag-servotech"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179256,"url":"https:\/\/alphastreet.com\/india\/servotech-renewable-power-system-ltd-reports-sequential-recovery-in-q3-fy26-financials\/","url_meta":{"origin":182201,"position":0},"title":"Servotech Renewable Power System Ltd Reports Sequential Recovery in Q3 FY26 Financials","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"Manufacturer achieves significant growth in consolidated profit and revenue following Q2 operational disruptions. Results indicate improved execution efficiency and cost discipline across solar and EV segments. Servotech Renewable Power System Ltd. (NSE: SERVOTECH) reported a sharp sequential recovery for the third quarter ended December 31, 2025. Consolidated profit after tax\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179258,"url":"https:\/\/alphastreet.com\/india\/servotech-renewable-power-systems-ltd-a-strategic-turnaround-driving-indias-clean-energy-future\/","url_meta":{"origin":182201,"position":1},"title":"Servotech Renewable Power Systems Ltd: A Strategic Turnaround Driving India\u2019s Clean Energy Future","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"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\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":149598,"url":"https:\/\/alphastreet.com\/india\/servotech-power-systems-ltd-q1fy24-1051-rise-in-profits\/","url_meta":{"origin":182201,"position":2},"title":"Servotech Power Systems Ltd Q1FY24; 1051% rise in Profits","author":"Chirag Gupta","date":"July 21, 2023","format":false,"excerpt":"Servotech Power Systems, incorporated in 1998, is engaged in manufacturing LED lighting solutions, UPS (uninterruptible power supply) systems, inverters, and batteries. Financial Results: Servotech Power Systems Ltd reported Revenues for Q1FY24 of \u20b968.14 Crores up from \u20b930.15 Crore year on year, a rise of 126.0%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-131.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179434,"url":"https:\/\/alphastreet.com\/india\/servotech-renewable-power-system-ltd-servotech-q3-2026-earnings-call-transcript\/","url_meta":{"origin":182201,"position":3},"title":"Servotech Renewable Power System Ltd (SERVOTECH) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 3, 2026","format":false,"excerpt":"Servotech Renewable Power System Ltd (NSE: SERVOTECH) Q3 2026 Earnings Call dated Feb. 03, 2026 Corporate Participants: Raman Bhatia \u2014 Founder & Managing Director Analysts: Prashant Omkar \u2014 Analyst Sadagoppan Ramesh \u2014 Analyst Abhishek Kumar \u2014 Analyst Deepika Sharma \u2014 Analyst Mahesh Vaze \u2014 Analyst Gaurav Singh \u2014 Analyst Ansh\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176788,"url":"https:\/\/alphastreet.com\/india\/servotech-power-systems-limited-servotech-q1-2026-earnings-call-transcript\/","url_meta":{"origin":182201,"position":4},"title":"Servotech Power Systems Limited (SERVOTECH) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Servotech Power Systems Limited (NSE: SERVOTECH) Q1 2026 Earnings Call dated Aug. 01, 2025 Corporate Participants: Unidentified Speaker Amit Patel Raman Bhatia \u2014 Founder & Managing Director Vipin Kaushik Ankit Arora Prabhutva Tiwari Analysts: Unidentified Participant Himanshu Mahto \u2014 Analyst Shruti \u2014 Analyst Neha \u2014 Analyst Tushar \u2014 Analyst Nicholas\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176792,"url":"https:\/\/alphastreet.com\/india\/servotech-power-systems-limited-servotech-q3-2025-earnings-call-transcript\/","url_meta":{"origin":182201,"position":5},"title":"Servotech Power Systems Limited (SERVOTECH) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Servotech Power Systems Limited (NSE: SERVOTECH) Q3 2025 Earnings Call dated Jan. 23, 2025 Corporate Participants: Raman Bhatia \u2014 Founder and Managing Director Analysts: Tushar Pendharkar \u2014 Analyst Unidentified Participant Presentation: Operator Good, ladies and gentlemen. Good day, and welcome to the Renewable Power Systems Limited Q3 and Nine Months\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/182201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2377"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=182201"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/182201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/147581"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=182201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=182201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=182201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}