Archive · 21 Jul 2026
Servotech Reports Strong Q1 Growth with 75% PAT Increase
Servotech Renewable Power System, a company that makes EV chargers and solar products, recently announced its financial results for the first quarter of the fiscal year 2027.
The company saw a big increase in its net profit, which went up by 74.5% compared to the same quarter last year.
The revenue also increased by 57.7%.
Solar plants were the biggest contributors to the revenue, followed by solar panels and inverters.
The company's stock has also recovered significantly, up by 61.3% from its low in March.
Despite some concerns about the sequential performance, the company remains optimistic about its future growth and its role in India's clean energy transition.
Servotech reported a 74.5% year-on-year increase in net profit to ₹7.94 crore in Q1 FY27.
Revenue from operations rose by 57.7% year-on-year to ₹216.29 crore.
Solar plants contributed 49.7% of the total revenue, followed by solar panels (25.8%) and inverters (19.3%).
The stock has recovered 61.3% from its March lows, trading at around ₹100.50.
The company secured a 1,415-kW rooftop solar project and signed a ₹400 crore MoU with the Haryana government.
- Who
- Servotech Renewable Power System Ltd
- What
- Reported Q1 FY27 financial results with strong year-on-year growth
- When
- Quarter ended June (Q1 FY27)
- Where
- India
- Why
- Growing market acceptance of clean energy solutions and strategic investments in innovation and manufacturing
Optimistic Outlook
Sequential Performance Concerns
Financial Performance
Optimistic Outlook
Strong year-on-year growth in revenue and profit, reflecting market acceptance and execution capabilities.
Sequential Performance Concerns
Sequential performance shows weaker growth, with net profit and revenue remaining flat compared to the previous quarter.
- Net Profit (Q1 FY27)
- ₹7.94 crore
- Revenue (Q1 FY27)
- ₹216.29 crore
- Year-on-Year Revenue Growth
- 57.7%
- Year-on-Year Profit Growth
- 74.5%
- Largest Revenue Contributor
- Solar plants (49.7%)
- Stock Price Recovery
- 61.3% from March lows
- Retail Investor Shareholding
- 41.3%