Servotech Renewable Power System Reports 54.80% Jump in Q3 FY26 Profit - Details Inside!
Prajwal DSIJCategories: Mindshare, Quarterly Results, Trending
From Rs 2.08 to Rs 65.21 per share, the stock has delivered multibagger returns of over 3,000 per cent in 5 yea
Servotech Renewable Power System Limited, a leading Indian manufacturer of electric vehicle (EV) charging solutions and Solar products, has reported a strong financial performance for the third quarter of FY26, marking a clear turnaround after a challenging previous period.
On a standalone basis, the company posted robust growth across key financial metrics. Total revenue rose by 11.29 per cent to Rs 20,239 lacs in Q3 FY26. Operating performance improved sharply, with EBITDA increasing by 59.14 per cent to Rs 2,702.23 lacs. Profit after Tax (PAT) surged by 54.80 per cent to Rs 1,470.46 lacs, while gross profit climbed 68.08 per cent year-on-year to Rs 5,721.06 lacs, reflecting better margins and operational efficiency.
On a consolidated basis, Servotech reported a marginal decline of 2.44 per cent in total revenue. However, profitability remained strong, with consolidated PAT rising by 68.83 per cent to Rs 1,551.50 lacs, indicating effective cost management and improved earnings quality.
Commenting on the performance, Managing Director Raman Bhatia said the quarter was driven by diversification of the company’s product portfolio and a stronger presence in the clean mobility segment. Backed by over two decades of experience in the electronics space, Servotech is focused on building India’s EV technical infrastructure by offering a wide range of AC and DC charging solutions for both domestic and commercial applications.
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.
The company has a market cap of over Rs 1,400 crore and the stock is trading below Rs 100 per share. From Rs 2.08 to Rs 65.21 per share, the stock has delivered multibagger returns of over 3,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.