Solar Solution Provider-Servotech Renewable Power System Ltd Bags an Order of 2.58 MW Solar Rooftop Project from South Eastern Railway
DSIJ Intelligence-1 / 13 Oct 2025/ Categories: Multibaggers, Trending
The stock is up by 30 per cent from its 52-week low of Rs 97.55 per share and delivered multibagger returns of over 5,400 per cent in 5 years.
Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading renewable energy brand, is delighted to announce that it has bagged a 2.58 MW grid-connected rooftop Solar project from the South Eastern Railway, Ranchi Division. This milestone reflects Indian Railways’ continued trust in Servotech’s capabilities and reinforces its role in driving India’s clean energy transition.
Under this contract, Servotech Renewable will undertake the complete execution of the on-grid rooftop solar PV project, including design, manufacturing, supply, installation, testing and commissioning of solar panels of different capacities across multiple sites in the Ranchi Division. This initiative supports Indian Railways’ broader sustainability agenda, aiming to achieve net-zero carbon emissions through large-scale renewable energy adoption.
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 2,800 crore. The stock is up by 30 per cent from its 52-week low of Rs 97.55 per share and delivered multibagger returns of over 5,400 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.