Railway Solar Solutions Provider Bags Rs 5,75,45,828.12 Rooftop Solar Project from Moradabad Division of Northern Railway

DSIJ Intelligence-1 / 16 Sep 2025/ Categories: Multibaggers, Trending

Railway Solar Solutions Provider Bags Rs 5,75,45,828.12 Rooftop Solar Project from Moradabad Division of Northern Railway

The stock is up over 40 per cent from its 52-week low of Rs 97.55 per share and delivered multibagger returns of 6,436 per cent in 5 years.

Servotech Renewable Power System Ltd has bagged a significant project from the Moradabad Division of Northern Railway, a domestic entity. The contract, valued at over Rs 5,75,45,828.12, involves the design, supply, installation, testing and commissioning of on-grid solar power plants. These plants will be installed on residential buildings at various locations within the division. The company is tasked with executing the project within 12 months of receiving the Letter of Award (LOA), with an additional 10-year comprehensive Annual Maintenance Contract (AMC) included. This initiative is a part of Indian Railways' broader push to reduce its carbon footprint and dependency on conventional energy sources.

The 1.2 MW grid-connected rooftop solar project represents a key milestone for Servotech, highlighting its role in India's clean energy transition. By providing end-to-end execution of these solar PV systems, Servotech is directly contributing to Indian Railways' sustainability goals. The project underscores the growing collaboration between private companies and government sectors in scaling up renewable energy infrastructure. The successful completion of this project will not only help the railway division in reducing its carbon emissions but also serve as a model for similar future collaborations.

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About the Company

Servotech Renewable Power System Limited, formerly Servotech Power Systems Ltd., is an NSE-listed company specialising in advanced EV charging solutions. Leveraging over two decades of expertise in electronics, they design and develop a wide array of AC and DC chargers compatible with various electric vehicles for both commercial and domestic applications. With their robust engineering capabilities, Servotech aims to be a key contributor to India's burgeoning EV infrastructure, solidifying their legacy as a trusted brand known for innovation and technological advancements across the country.

In Q1FY26, the company reported significant financial growth. Total Revenue increased by 21.99 per cent to Rs 13,716.54 lakh from Rs 11,243.92 lakh in Q1 FY25. EBITDA also saw a substantial rise of 26.87 per cent, reaching Rs 1,083.18 lakh compared to Rs 853.74 lakh in the previous fiscal year. Profit After Tax (PAT) grew by 1.36 per cent, amounting to Rs 455.05 lakh in Q1FY26, up from Rs 448.94 lakh in Q1FY25.

FIIs bought 2,63,041 shares in Q1FY26 and increased their stake to 2.99 per cent compared to Q4FY25. The company has a market cap of over Rs 3,000 crore. The stock is up over 40 per cent from its 52-week low of Rs 97.55 per share and delivered multibagger returns of 6,436 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.