Servotech Renewable Power System Ltd. Announces Results for Q4 and FY24-25, reports consolidated 91% revenue growth & registers 176.5% increase in PAT in FY24-25

New Delhi, 6th May 2025: 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, today announced its financial results for the Q4 and Full Year ended March 31, 2025 at its Board of Directors meeting on May 6, 2025.

Consolidated: Full Year - FY25

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

Consolidated: Q4FY25

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

Standalone: Full Year - FY25

• Total revenue increased by 91.8% and stood at Rs. 58,910.9 lacs in FY25 compared to Rs. 30,721.0 lacs in FY24
• EBITDA increased by 169.8% from Rs. 2,173.43 lacs in FY24 to Rs. 5,862.96 lacs in FY25
• PBT stood at Rs. 4528.68 lacs in FY25, compared to Rs. 1553 lacs in FY24, witnessing a growth of 191.6%
• PAT increased by 195.5% and stood at Rs. 3,346.7 lacs in FY25 compared to Rs. 1,132.6 lacs in FY24, margins improved to 5.7% from 3.7% during the same period

Standalone: Q4FY25

• Total Revenue witnessed a growth of 4.6% in Q4 FY25 to Rs. 12,674.03 lacs from Rs. 12,119.46 lacs in Q4 FY24.
• EBITDA increased by 136.4% from Rs. 576.68 lacs in Q4 FY24 to Rs. 1,363.08 lacs in Q4 FY25
• PBT stood at Rs. 1,051.00 lacs in Q4 FY25, compared to Rs. 430.14 lacs in Q4 FY24, witnessing a growth of 144.3%
• PAT stood at Rs. 784.68 lacs in Q4 FY25, compared to Rs. 319.58 lacs in Q4 FY24, witnessing a growth of 145.5%

Operational Efficiency Update:

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 optimized procurement and production planning, reducing inventory holding costs and ensuring faster fulfillment 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."

About Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.):

Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers which are compatible with different Electric Vehicles and serve multiple applications such as 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 development of the advanced technologies.

For more information, please visit: https://www.servotech.in