EV-Chargers & Solar Solution Provider Stock: Company Reports Consolidated 91 Per Cent Revenue Growth & Registers 176.5 Per Cent Increase in PAT in FY24-25

The stock is up 60 per cent from its 52-week low of Rs 75.50 per share and delivered multibagger returns of 13,377 per cent in 5 years.

Servotech Renewable Power System Ltd. (Formerly known as Servotech Power Systems Ltd.) (NSE: SERVOTECH), India’s largest manufacturer of Electric Vehicle (EV) chargers, and a leading provider of Solar solutions, EV Charger components and Power-Backup solutions, announced its financial results for the Q4 and Full Year ended March 31, 2025

Financial Highlights: -

Consolidated: Full Year - FY25

• Total revenue increased by 91 per cent and stood at Rs 67,680.0 lakh in FY25 compared to Rs 35,526.5 lakh in FY24.
• EBITDA increased by 159.05 per cent from Rs 2,236.5 lakh in FY24 to Rs 5,793.8 lakh in FY25.
• PBT stood at Rs 4,480.56 lakh in FY25, compared to Rs 1,616.60 lakh in FY24, witnessing a growth of 177 per cent.
• PAT increased by 176.5 per cent and stood at Rs 3,263.7 lakh in FY25 compared to Rs 1,180.2 lakh in FY24, margins improved to 4.8 per cent from 3.3 per cent during the same period.

Consolidated: Q4FY25

• Total Revenue witnessed growth of 7.9 per cent in Q4 FY25 to Rs 14,746.0 lakh from Rs 13,665.4 lakh in Q4 FY24
• EBITDA increased by 121 per cent from Rs 605.0 lakh in Q4 FY24 to Rs 1,338.0 lakh in Q4 FY25
• PBT stood at Rs 1,050.6 lakh in Q4 FY25, compared to Rs 464.6 lakh in Q4FY24, witnessing a growth of 126.1 per cent
• PAT stood at Rs 771.6 lakh in Q4 FY25, compared to Rs 345.4 lakh in Q4FY24, witnessing a growth of 123.4 per cent.

In addition to strong financial performance, the company continued to make significant operational improvements. The average debtor cycle improved to 86 days in FY25, reflecting tighter credit control and improved collections. Inventory turnover ratio also improved, with the inventory holding period reduced to approximately 35 days in FY25. This improvement was achieved through optimised procurement and production planning, reducing inventory holding costs and ensuring faster fulfilment of orders. These steps align with Servotech’s strategic priorities to maintain a lean and responsive supply chain while sustaining growth momentum.

Commenting upon the results, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said, “Our journey over the last few quarters has been both exciting and encouraging. We’ve recorded robust growth, underpinned by our efforts to strengthen India’s EV charging infrastructure and expand access to clean solar energy. These results reinforce our position as a frontrunner in the green energy transition and reflect the growing trust in our vision and capabilities. As we look to the future, we aim to deepen our impact by ramping up domestic manufacturing, scaling our innovations, and taking our Made in India solutions to international markets. With future-ready products and strategic expansion plans, we are committed to empowering cities, industries, and individuals—driving sustained progress while shaping a cleaner, smarter, and more connected energy ecosystem worldwide."

Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organisation that develops tech-enabled EV Charging solutions, leveraging its over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers that are compatible with different electric vehicles and serve multiple applications, both commercial and domestic. With our comprehensive engineering capabilities, we plan to play a pivotal role in developing India's EV tech infrastructure. As a trusted brand with a strong pan-India presence, our legacy is marked by proven innovations and the development of advanced technologies

The company has delivered good profit growth of 30 CAGR over the last 5 years, and its median sales growth is 22.5 per cent over the last 10 years with a market cap of over Rs 2,500 crore. The stock is up 60 per cent from its 52-week low of Rs 75.50 per share and delivered multibagger returns of 13,377 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.