As part of this expansion, Servotech unveiled SULTAN, a lithium-ion battery engineered specifically for electric three-wheelers, along with Zest, a dedicated battery charger designed to enhance charging efficiency and vehicle uptime for three-wheeler OEMs, Dealers, and Distributors. The company also introduced Voltie, its 2 kW on-grid solar inverter engineered for residential and small-scale commercial use, further strengthening its renewable energy offerings.

India’s electric three-wheeler segment has emerged as one of the fastest-growing categories within electric mobility, supported by urbanisation, rising last-mile delivery needs, and policy incentives. Servotech’s entry reflects its intent to build a focused presence in micro-mobility by leveraging its experience in energy systems and power electronics.

With the launch of SULTAN and Zest, Servotech aims to deliver an integrated energy solution for electric three-wheelers, addressing durability, charging reliability, and operational efficiency. The SULTAN lithium-ion battery is available in two models, 51.2V/105Ah and 64V/105Ah, developed for E-Rickshaws, E-Autos, and E-Cargos, uses LFP chemistry to offer a lighter form factor and improved payload capacity, while Zest is a purpose-built charger designed to reduce charging time and enhance battery protection.

While the focus remains on micro-mobility, the launch of Voltie, their newly launched on-grid solar inverter, underscores Servotech’s continued commitment to solar and renewable energy. Designed for seamless grid integration, Voltie strengthens the company’s vision of offering end-to-end clean energy solutions across mobility and residential segments.

Commenting on the development, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said, “Our entry into the electric three-wheeler segment is a natural progression of Servotech’s journey in clean energy. We have built strong leadership in solar and EV charging, and we are now excited to extend that expertise into lithium solutions for micro-mobility. While we’ve started off with two models of 3W Li-ion Batteries and one model of E-3W charger, we’re planning to deepen our roots in the market with more variants and models arriving in the future. The electric three-wheeler market holds immense potential, not just for sustainable transport but for empowering small transport entrepreneurs across India. As we look ahead, our focus remains on innovation, scale, and building reliable energy solutions that support India’s transition to a greener future.”

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The innovation enables seamless charging of GBT-based electric vehicles using CCS2 DC fast chargers. As the ecosystem rapidly transitions toward the CCS2 standard, a significant number of vehicles, especially older fleets, continue to operate on GBT charging technology. Servotech’s patented device acts as a smart converter that, when connected to a CCS2 charger, allows GBT vehicles to charge safely, quickly, and efficiently. This breakthrough not only optimizes charging infrastructure utilization but also ensures that existing vehicle owners are not left behind in the technological shift.

The system has undergone successful trials on select GB/T enabled EV buses and commercial EV cabs, demonstrating excellent performance and reliability. Servotech is now exploring wider deployment opportunities across fleet operators, public transport networks, and commercial charging hubs.

Commenting on this development, Arun Handa, Chief Technical Officer of Servotech Renewable Power System Ltd., said, “Being awarded this patent is a proud moment for Servotech. It reflects our deep-rooted focus on solving real industry challenges with practical, scalable innovations. We’re positive that this revolutionary technology will play a crucial role in bridging India’s charging compatibility gaps and accelerating the shift to a unified, efficient EV ecosystem. Our continued investment in next-generation charging solutions strengthens our mission of building a smarter, more inclusive electric mobility future.”

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As part of the contract, Servotech Renewable will undertake the Design, Engineering, Supply, Installation, Testing, and Commissioning of both ground-mounted and rooftop solar power plants of multiple capacities, at the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) Complex in Noida. Additionally, the project includes 10 years of comprehensive Operation & Maintenance, ensuring consistent power generation and long-term system reliability. This achievement further strengthens Servotech’s footprint in India’s fast-growing railway and logistics infrastructure sector.

These solar installations will significantly support REMCL and DFCCIL’s goal of integrating renewable energy into core operational infrastructure, reducing dependence on conventional power sources, optimizing energy costs, and advancing India’s mission toward clean and sustainable industrial growth.

Commenting on the project, Sarika Bhatia, Whole-Time Director, Servotech Renewable Power System Ltd., said, “We are proud to work with REMCL on this solar project. Infrastructure like DFCCIL forms the backbone of India’s logistics and freight movement, and integrating solar energy into such high-impact facilities is a major step toward national decarbonization goals. This order highlights Servotech’s engineering strength, execution capability, and consistent reliability in delivering solar solutions for large-scale infrastructure. We remain committed to supporting India’s green transition through innovation, quality, and strong partnerships.”

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Under this mandate, Servotech Renewable will execute the Design, Engineering, Supply, Installation, Testing, and Commissioning of rooftop solar plants in varying capacities for 5,886 Scheduled Caste (SC) and Scheduled Tribe (ST) households. The project will be implemented through a Utility-Led Aggregation (CAPEX) model and includes 5 years of comprehensive Operation & Maintenance (O&M).

This initiative aims to deliver reliable, clean, and cost-effective energy to thousands of beneficiaries, directly supporting Andhra Pradesh’s renewable energy vision and contributing to long-term socio-economic upliftment.

Sarika Bhatia, Whole-Time Director, Servotech Renewable Power System Ltd., expressed enthusiasm about the order, stating, “We are honored to have this opportunity to work with NREDCAP on a project that brings solar energy directly to thousands of consumers from the community. This order reflects our commitment to advancing inclusive clean energy growth and demonstrates our ability to execute large-scale distributed solar deployments with precision and quality. Servotech Renewable remains focused on empowering communities and strengthening India’s journey toward a sustainable, energy-secure future.”

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Under this contract, Servotech Renewable will undertake the complete execution of the on-grid rooftop solar PV project, including design, manufacturing, supply, installation, testing, and commissioning of solar panels of different capacities across multiple sites in the Ranchi Division. This initiative supports Indian Railways’ broader sustainability agenda aiming to achieve net-zero carbon emissions through large-scale renewable energy adoption.

Speaking of the project, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, “We are honoured to once again work with the Indian Railways in their journey toward a cleaner and more sustainable future. This project further reinforces the trust that Indian Railways has placed in Servotech Renewable’s expertise and execution capabilities. We will be leveraging our innovation in high-performance solar technology to help the South Eastern Railway to not just meet its sustainability goals, but to set a new standard for clean energy adoption across the entire transport sector and support them in their continued efforts toward a green energy transition.”

This project not only underscores Servotech’s leadership in the renewable energy sector but also highlights the ongoing efforts of Indian Railways to expand solar adoption across its divisions, contributing significantly to India’s commitment to a net-zero future.

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The new entity, headquartered in the United Arab Emirates (UAE), is strategically positioned to serve the rapidly expanding Middle Eastern market for Electric Vehicle Charging Stations and advanced Solar Energy Systems. This move directly aligns with the UAE’s strategic initiatives to achieve net-zero emissions by 2050 and diversify its energy sources.

Servotech Renewable International FZCO will serve as the company’s central hub for business development, project execution, and strategic partnerships across the UAE and the wider GCC region. The focus will be on delivering Servotech’s high-efficiency solar solutions, energy storage systems, and its state-of-the-art AC and Fast DC EV chargers to support the region’s ambitious infrastructure projects.

Servotech’s decision to establish its presence in Dubai is driven by the city’s world-class logistics, robust regulatory environment, and the significant role it plays as a gateway to the broader international market.

Raman Bhatia, Managing Director of Servotech Renewable Power System Limited, said “The launch of Servotech Renewable International FZCO in Dubai is a pivotal moment in our global trajectory. The Middle East, particularly the UAE, is taking a more aggressive approach towards a sustainable energy future, creating a massive demand for reliable, high-tech EV and solar infrastructure. This subsidiary is more than just an entry point, it is a step towards our commitment to power the global green transition with Indian technology and innovation.”

“By planting our flag in Dubai, we are positioning Servotech not just as a national leader, but as a global contributor to the clean energy revolution. We are confident that our deep expertise in solar power systems and EV charging solutions will resonate strongly with regional partners and drive long-term growth and realizing our vision of a truly global Servotech.”, he added.

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As per the contract, Servotech Renewable will undertake the complete execution of the on-grid rooftop solar PV project, including design, manufacturing, supply, installation, testing, and commissioning of solar panels of different capacities across multiple railway sites in the Agra Division. This initiative aligns with Indian Railways’ sustainability vision by reducing dependence on conventional energy sources and adopting renewable energy at large-scale to cut carbon emissions.

Speaking of the project, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, “This project stands as a testament to the trust Indian Railways places in Servotech Renewable as a reliable renewable energy brand. Over the years, our consistent delivery of impactful solar solutions has strengthened this partnership and showcased our ability to execute large-scale projects with excellence. We take immense pride in contributing to Indian Railways’ green vision and remain dedicated to advancing sustainable energy adoption across the nation with innovative, high-performance solar technologies.”

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As part of this contract, Servotech will carry out end-to-end execution of on-grid rooftop solar PV systems. This includes the design, manufacturing, supply, installation, testing, and commissioning of solar plants of varying capacities across multiple sites within the Moradabad Division. This initiative supports Indian Railways’ ambitious sustainability vision to reduce reliance on conventional energy and cut carbon emissions through large-scale renewable energy integration.

Speaking on the achievement, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, “This project reinforces Servotech’s position as a trusted partner in India’s renewable energy sector. We’ve already set our foot across multiple railway divisions by securing projects in Northwest, Northeast, East Coast, and Northern Railways. It’s encouraging to see Indian Railways repeatedly placing its trust in Servotech, reaffirming confidence in our brand and project execution. We remain committed to delivering cutting-edge solar solutions that exceed performance expectations while supporting Indian Railways’ vision of sustainable and eco-friendly operations.”

This contract reinforces Servotech’s growing presence in the public sector, showcasing its proven expertise in executing large-scale solar projects with precision, efficiency, and global standards. With this achievement, Servotech advances its mission of driving India’s energy independence while actively contributing to the nation’s transition toward a greener and more resilient future.

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As part of this agreement, both companies have established a binding commitment, ensuring long-term business consistency and reinforcing the partnership’s seriousness and scalability. Enovra Energy Solutions, a key player in Mauritius’s renewable energy sector, will act as Servotech’s exclusive representative on the island. With this agreement, Enovra will distribute Servotech’s portfolio of products including solar solutions and EV chargers, strengthened by manufacturer-backed technical support and bringing an affordable renewable energy experience to Mauritius with affordable solar and EV solutions to promote the adoption of green energy in the country. This association not only expands Servotech’s international presence but also builds on Enovra’s mission to transform clean energy accessibility in Mauritius and beyond.

Servotech views this partnership as not only a commercial step but also a symbol of strengthening ties between India and Mauritius through a shared vision for a greener future.

Highlighting the significance of this step, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said, “This agreement is an important milestone in our journey of global expansion. By extending our roots to Mauritius through our partnership with Enovra Energy Solutions Limited, we are not only strengthening Servotech’s international presence but also advancing the global adoption of green energy. With EV chargers and solar solutions manufactured in India, we are creating value that extend beyond borders, bringing sustainability to international communities while contributing to India’s vision of becoming a global clean energy leader. We look forward to building on this partnership and taking decisive steps toward a greener and more connected world.”

Nadir Soobratty, Director, Enovra Energy Solutions Limited commented on the agreement and said, “At Enovra, our mission has always been to make renewable energy accessible and affordable for the people of Mauritius. Partnering with Servotech marks a significant step forward in brining that vision to life and bring world-class solar and EV charging solutions to our nation, solutions that not only meet international standards but are also affordable than any competitors out there. This collaboration represents a new chapter in our commitment to driving sustainable growth and building a cleaner and greener Mauritius.”

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Q1 FY26 Financial Overview

Standalone Q1FY26

• Total Revenue witnessed a growth of 01% in Q1 FY26 of Rs 12,513.59 lacs from Rs 9,775.48 lacs in Q1 FY25.
• EBITDA increased by 63.65% standing at Rs 1,423.17 lacs in Q1 FY26 from Rs 869.66 lacs in Q1 FY25.
• Gross Profit rose by 36.96%, standing at Rs 2,657.36 lacs in Q1 FY26, up from Rs 1,940.26 lacs in Q1 FY25.
• PBT registered a growth of 59.25%, amounting to Rs 1,003.98 lacs in Q1 FY26, as against Rs 630.44 lacs in Q1 FY25.
• PAT experienced a substantial rise of 59.18%, standing at Rs 755.06 lacs in Q1 FY26, compared to Rs 474.34 lacs in Q1 FY25.

Consolidated Q1FY26

• Total Revenue witnessed a growth of 99% in Q1 FY26 of Rs 13,716.54 lacs from Rs 11,243.92 lacs in Q1 FY25
• EBITDA increased by 26.87% standing at Rs 1,083.18 lacs in Q1 FY26 from Rs 853.74 lacs in Q1 FY25
• Gross Profit rose by 27.57%, standing at Rs 2,600.34 lacs in Q1 FY26 from Rs 2,038.34 lacs in Q1 FY25.
• PBT registered a growth of 6.92%, amounting to Rs 657.01 lacs in Q1 FY26, compared to Rs 614.48 lacs in Q1 FY25.
• PAT experienced a rise of 1.36%, standing at Rs 455.05 lacs in Q1 FY26, compared to Rs 448.94 lacs in Q1 FY25.

Commenting on the results, Raman Bhatia, Managing Director, Servotech Renewable Power System said, “We’re pleased with our strong performance in this quarter, which is a clear reflection of the consistent hard work, dedication, and focus that Servotech has put in. We have had great opportunities to step into new territories and expand our reach across India and beyond in both Solar and EV sector. However, we view this growth as a stepping stone, there’s still immense potential to unlock and we remain committed to pushing boundaries, delivering superior products, and building on this momentum in the quarters ahead. With innovation and customer satisfaction at the core of our vision, we’re confident of achieving even greater milestones on our journey toward global leadership in the green tech space.”

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