Servotech Renewable Power System Limited (SERVOTECH) Earnings Call Transcripts

Servotech Renewable Power System Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Servotech Renewable Power Systems Limited reported a strong performance with standalone revenue of INR 211.2 crores, up 67% year-on-year, and EBITDA of INR 23.2 crores, growing 70% year-on-year. The company achieved its highest-ever EBITDA margin of 12% in H2 FY '26, signaling robust operational efficiency. Management indicated that FY '27 will focus on operational consolidation and working capital normalization, with no new long-term debt planned, which could positively influence cash flow and profitability moving forward.

Reported metrics

Guidance from management

Management indicated that FY '27 will focus on operational consolidation and expects to restore positive operating cash flow while moderating CapEx significantly. They anticipate that the order book will support top-line growth.

What management said

Correct. Solar products, we are calculating in total. It is around 51% of the total revenue and if you are talking about DC chargers, it is around 15%. And if we are talking about AC and small chargers, then it is around 27% and energy storage is still only 1% because it has just started. And power again around 1%. IMC and AMC, which will become a very big chunk in coming years, that is around 4%, so total is around ...

[Foreign Language] our charger with solar with battery energy storage also. So EV charger with energy storage. That is number one. [Foreign Language] energy storage is also a part of a EV. Energy storage is a part of the solar [Foreign Language]

What analysts pressed on

Analysts expressed concerns regarding the significant increase in debt and trade receivables, particularly the delays in payments from key clients like oil marketing companies. There were questions about the sustainability of revenue growth and the impact of the scale-down of low-margin trading activities.

Main topics on the call

• Strong Revenue Growth — Servotech reported standalone revenue of INR 211.2 crores in Q4 FY '26, a 67% increase year-on-year. Management stated, "This is not a 1-quarter phenomenon; the strength is in the second half of the year."
• Record EBITDA Margin — The company achieved an EBITDA margin of 12% in H2 FY '26, the highest in its listed history. This margin expansion was attributed to a shift towards higher-margin products, as noted by management.
• Flat Consolidated Revenue — Consolidated revenue for FY '26 was INR 675 crores, nearly flat compared to INR 676 crores in FY '25. Management explained that this was due to a "deliberate scale-down of low-margin trading activity" in its medical equi...
• CapEx and Future Growth — Servotech commissioned INR 64 crores in new manufacturing capacity during FY '26, which is expected to support future growth. Management emphasized that "the full year impact of higher depreciation and finance costs" wil...

Read the full Servotech Renewable Power System Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 5 Servotech Renewable Power System Limited earnings call transcripts on record, spanning February 7, 2024 to July 22, 2026. Based on this history, Servotech Renewable Power System Limited reports semi-annually. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SERVOTECH

Exchange

NSEI

Country

IN

Sector

Industrials

Industry

Electrical Equipment

Calls on record

5

First call

February 7, 2024

Most recent

July 22, 2026

Reporting cadence

semi-annually