Servotech Renewable Power System Ltd Reports Strong Q4 FY26 Growth, Revenue Jumps 66.6%

Servotech Renewable Power System Ltd has reported its financial results for the fourth quarter and full year ended March 31, 2026, posting its strongest quarterly performance since listing, driven by strong momentum in its renewable energy and electric mobility businesses.

The company said its Q4 FY26 standalone revenue surged 66.6% year-on-year to ₹211.2 crore, compared to ₹126.74 crore in the corresponding quarter of FY25. EBITDA rose 70.16% to ₹23.2 crore from ₹13.63 crore, while profit after tax (PAT) increased 49.5% to ₹11.73 crore against ₹7.84 crore in the year-ago period.

Profit before tax (PBT) for the quarter climbed 41.74% to ₹14.89 crore, while gross profit grew 58.24% to ₹42.22 crore, reflecting improved operational efficiency and stronger margin performance.

On a consolidated basis, Q4 revenue rose 48.52% to ₹219 crore from ₹147.46 crore in Q4 FY25. EBITDA registered an 80.86% increase to ₹24.2 crore, while PAT grew 35.92% to ₹10.48 crore. Gross profit for the quarter jumped 72.18% to ₹47.87 crore.

For the full financial year FY26, standalone revenue increased 8.92% to ₹641.66 crore compared to ₹589.11 crore in FY25. EBITDA rose 26.54% to ₹74.19 crore, with EBITDA margin expanding to 11.56% from 9.95%, indicating improved profitability. PAT for the year stood at ₹36.25 crore, up 8.34% year-on-year.

At the consolidated level, annual revenue remained largely flat at ₹675.36 crore against ₹676.80 crore in FY25, which the company attributed to the strategic reduction of low-margin trading activity in its subsidiary, Rebreathe Medical Devices, as it reallocates capital towards its higher-margin renewable and EV businesses.

Despite flat consolidated revenue, EBITDA rose 22.46% to ₹70.95 crore, while attributable PAT grew 2.5% to ₹33.55 crore. Gross profit for FY26 increased sharply by 39.72% to ₹162.45 crore.

According to Managing Director Raman Bhatia, the company’s second-half performance played a key role in FY26’s growth trajectory, supported by expanded manufacturing capacity in solar inverters, EV chargers, and battery energy storage solutions.

Servotech said it is entering FY27 with stronger operational visibility, improved manufacturing capabilities, and a sharper focus on high-margin clean energy and electric mobility segments as demand in both sectors continues to rise.