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  3. Servotech Board Approves Strong Q4 FY26 Results with 66.6% Revenue Growth
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  • 02 May 2026
  • X
 Servotech Board Approves Strong Q4 FY26 Results with 66.6% Revenue Growth

Servotech Renewable Power System delivered outstanding Q4 FY26 performance with standalone revenue growing 66.6% to Rs. 21,120.45 lakh and EBITDA surging 70.16% to Rs. 2,320 lakh. The company's board approved audited results, recommended a 2% final dividend per equity share, and reconstituted the Risk Management Committee by adding CFO Mr. Vipin Kaushik as a member.

Servotech Board Approves Strong Q4 FY26 Results with 66.6% Revenue Growth

Servotech Renewable Power System has announced its audited financial results for Q4 FY26, demonstrating exceptional growth across key performance metrics. The company's board of directors approved the results at their meeting held on April 30, 2026, marking what the company describes as its strongest-ever quarter as a listed entity.

Board Meeting Outcomes and Key Decisions

The board meeting, which commenced at 3:00 PM IST and concluded at 9:25 PM IST on April 30, 2026, resulted in several significant decisions:

Decision: Details Final Dividend Recommendation: 2% per equity share (Re 0.02) Cost Auditor Re-appointment: M/s. N N Sharma & Associates for FY 2026-27 Risk Management Committee: Reconstituted with CFO Mr. Vipin Kaushik as member Auditor Opinion: Unmodified opinion from M/s. Rohit KC Jain & Co

Q4 FY26 Standalone Financial Performance

The company delivered exceptional standalone financial results for Q4 FY26, showcasing strong momentum across all major parameters:

Metric: Q4 FY26 Q4 FY25 Growth (%) Total Revenue: Rs. 21,120.45 lakh Rs. 12,674.03 lakh +66.6% EBITDA: Rs. 2,320.00 lakh Rs. 1,363.00 lakh +70.16% PAT: Rs. 1,173.10 lakh Rs. 784.68 lakh +49.5% PBT: Rs. 1,489.66 lakh Rs. 1,051.00 lakh +41.74% Gross Profit: Rs. 4,222.00 lakh Rs. 2,668.00 lakh +58.24%

Consolidated Results Show Strong Performance

On a consolidated basis, Servotech maintained strong growth momentum with total revenue reaching Rs. 21,900.17 lakh in Q4 FY26, representing a 48.52% increase from Rs. 14,745.97 lakh in Q4 FY25. EBITDA performance was particularly noteworthy, growing 80.86% to Rs. 2,420.00 lakh from Rs. 1,338.00 lakh in the previous year.

Metric: Q4 FY26 Q4 FY25 Growth (%) Total Revenue: Rs. 21,900.17 lakh Rs. 14,745.97 lakh +48.52% EBITDA: Rs. 2,420.00 lakh Rs. 1,338.00 lakh +80.86% PAT: Rs. 1,048.81 lakh Rs. 771.62 lakh +35.92% Gross Profit: Rs. 4,787.00 lakh Rs. 2,780.00 lakh +72.18%

Full Year FY26 Performance Highlights

For the complete FY26, Servotech reported standalone revenue growth of 8.92% to Rs. 64,166.19 lakh from Rs. 58,910.94 lakh in FY25. The company achieved significant margin expansion with EBITDA growing 26.54% to Rs. 7,419.00 lakh, while EBITDA margin expanded to 11.56% from 9.95%, representing an improvement of 161 basis points.

Annual Metric: FY26 FY25 Growth (%) Total Revenue: Rs. 64,166.19 lakh Rs. 58,910.94 lakh +8.92% PAT: Rs. 3,625.84 lakh Rs. 3,346.72 lakh +8.34% EPS (Basic): Rs. 1.61 Rs. 1.49 +8.05% EPS (Diluted): Rs. 1.56 Rs. 1.48 +5.41%

Corporate Governance and Regulatory Compliance

Servotech has fulfilled its regulatory obligations under SEBI Regulation 30 and 33 by announcing the Q4 FY26 audited financial results. The statutory auditors M/s. Rohit KC Jain & Co., Chartered Accountants, have issued an unmodified opinion on both standalone and consolidated financial results.

Compliance Detail: Information Board Meeting Date: April 30, 2026 Results Period: Quarter and year ended March 31, 2026 Regulatory Compliance: SEBI Regulation 30 & 33 Trading Symbol: SERVOTECH Dividend Subject to: Shareholders' approval in AGM

The strong financial performance positions Servotech well for FY27, with the company entering the new fiscal year with enhanced manufacturing capabilities and a focused approach towards high-margin renewable energy and EV charging segments.

Servotech renewable power 's Co MD has announced a strategic expansion of the company's product portfolio with new solar inverters, DC chargers, and Battery Energy Storage Systems (BESS) that are positioned to drive significant growth in FY27. This product diversification represents the company's commitment to strengthening its position in India's rapidly expanding renewable energy market.

Product Portfolio Expansion

The company's new product lineup includes three key categories designed to address growing market demand:

Product Category: Details Solar Inverters: Advanced power conversion systems for solar installations DC Chargers: Electric vehicle charging infrastructure solutions BESS: Battery Energy Storage Systems for grid stability

Market Success in Government Tenders

Servotech Renewable Power has achieved remarkable success in securing government contracts, particularly in the DC fast charger segment. The company has won 67% of PSU and OMC DC fast charger tenders, demonstrating its competitive strength and technical capabilities in the electric vehicle charging infrastructure space.

Strategic Growth Outlook

The Co MD's announcement positions these new products as key growth drivers for FY27, indicating the company's confidence in market demand and its ability to capitalize on India's renewable energy transition. The combination of solar inverters, DC charging solutions, and energy storage systems creates a comprehensive offering for the clean energy ecosystem.

This strategic expansion aligns with India's ambitious renewable energy targets and the government's push for electric vehicle adoption, positioning Servotech Renewable Power to benefit from multiple growth vectors in the clean energy sector.

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