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 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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Pursuant to this transaction, Servotech’s shareholding in the subsidiary will be reduced from 100% to 51% on a fully diluted basis, effective upon completion of all statutory and contractual formalities.

Hertz & Pixelz is widely recognized for merging precision with creativity to deliver breathtaking large-scale spectacles. With state-of-the-art audio, lighting, high-res LEDs, and video solutions, the company has consistently set benchmarks in immersive experiences, powering iconic events such as the G20 Summit, Ed Sheeran’s concert in India, large-scale exhibitions, mega concerts, and official government events across India. Its extensive in-house inventory, featuring premium audio systems, dynamic lighting rigs, high-resolution LED displays, and high-lumen projectors, enables the execution of unforgettable events.

Servotech already maintains a strong foothold in sports and event management through its subsidiary, overseeing multiple large-scale events each year. These initiatives involve recurring investments in infrastructure, rentals, and management services. The acquisition of Hertz & Pixelz strategically strengthens this vertical by adding established assets, deep expertise in corporate and political event management, and a robust rental business for premium event equipments.

This acquisition marks the beginning of extraordinary entertainment experiences, while strengthening Servotech’s strategic diversification into a high-growth industry. With this acquisition, the company is poised not only to expand its footprint in the entertainment domain but also to redefine how audiences experience live events.

Raman Bhatia, Founder and Managing Director of Servotech Renewable Power Systems Ltd., commented on the acquisition and said, “We have always believed in pushing boundaries and building ecosystems that inspire progress. The acquisition of Hertz & Pixelz reflects our commitment to entering new avenues that thrive on creativity and precision. With their proven expertise and legacy of delivering iconic events, we are confident this association will allow us to deliver extraordinary entertainment experiences and set new benchmarks in the industry.”

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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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The charging hub will boast 10 ultra-fast DC EV chargers of 240 kW with a combined installed capacity of 2.4 MW. This positions the installation as first and biggest of its kind EV charging hub for airside EV operations in an Indian airport enabling fast turnaround times and significantly enhance the airport’s e-transport operational efficiency. As part of the initiative the charging station will be strategically located within the airport premises to charge electric buses used for passenger transport between terminals and aircraft, and facilitate 24/7 airside EV operations further contributing to the reduction of the airport’s transport carbon emissions.

As part of this project, Servotech Renewable will oversee the supply, erection, testing, commissioning, and 5 year maintenance of the EV charging station, ensuring seamless operation and energy efficiency. The installation of these chargers is expected to significantly reduce the airport’s transportation-related emissions and support its shift toward a cleaner, more sustainable future. This initiative marks a vital step in Karnataka’s vision to become a carbon-negative state by electrifying one of its busiest airports and to further green initiatives within the state’s capital.

Speaking on this development, Sarika Bhatia, Director of Servotech Renewable Power System Ltd., stated, “We are thrilled to work with Bengaluru International Airport in its mission to drive sustainable change. This project is more than just an infrastructure milestone, it’s a step toward transforming urban transport at one of India’s busiest airports allowing us to electrify the airport and play a vital role in reducing its carbon emissions with our advanced EV charging technology and infrastructure. Servotech has emerged as a leader in developing public EV charging infrastructure across India with oil marketing companies and we’re thrilled to take on this pilot project. This collaboration perfectly aligns with our long-term goals of providing high-quality EV charging infrastructure and contributing meaningfully to India’s clean energy transition and we’ll be looking forward to take on more such projects in the future and help improve EV charging infrastructure across different settings.”

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Under the terms of the agreement, Servotech Renewable will be responsible for the end-to-end execution of this ambitious project. This includes the design, supply, installation, and commissioning of on-grid rooftop solar systems, with individual capacities ranging from 1 KW up to 500 KW. The project aims to solarize multiple government buildings and offices in various locations across the state of Madhya Pradesh, significantly contributing to the state’s ambitious renewable energy goals and broader decarbonisation efforts. A comprehensive 5-year warranty will accompany the installations, guaranteeing reliable and uninterrupted clean energy generation for the duration.

This landmark order represents a crucial milestone in Servotech’s mission to accelerate the adoption of solar energy across India. It not only highlights the company’s technical prowess but also solidifies its standing as a trusted and reliable partner for public-sector renewable energy initiatives.

Sarika Bhatia, Director, Servotech Renewable Power System Ltd., commented, “This is a major leap forward for Servotech. We’ve already been working with many states’ Nodal agencies across the country, and we’re happy to step into Madhya Pradesh. This project aligns seamlessly with India’s national renewable energy targets and will help accelerate Madhya Pradesh’s clean energy transition by supporting the state government’s vision to solarise their infrastructure and build a more sustainable future. We’re honoured to contribute to this transformative journey of the state of Madhya Pradesh. This project strengthens our position, establishing us as a key player in improving India’s solar infrastructure.”

This project is a testament to Servotech’s growing footprint and its dedication to fostering a sustainable future for India. By providing robust and efficient solar solutions, Servotech continues to play a pivotal role in the nation’s transition towards cleaner energy sources.

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