Servotech Renewable Power System Ltd Share Price – NSE

Capital Goods - Electrical Equipment, Small Cap

Under the agreement, the company plans to invest approximately Rs 400 crore to support industrial development and strengthen clean energy manufacturing capabilities in Haryana. The MoU establishes a framework for cooperation and coordination between Servotech Renewable and HEPC, under the Department of Industries and Commerce, Government of Haryana. The partnership is aimed at promoting industrial growth and accelerating the development of the clean energy sector in the state.

The Haryana government, through HEPC, has committed to providing necessary facilitation and ease-of-doing-business support to ensure the successful execution of the company's proposed projects and investments.

Servotech Renewable Power System develops tech-enabled EV charging solutions. The company offers an extensive range of AC and DC chargers which are compatible with different electric vehicles and serve multiple applications such as commercial and domestic.

The company?s consolidated net profit climbed 57.84% to Rs 12.28 crore on 48.56% jump in revenue from operations to Rs 217.32 crore in Q4 FY26 over Q4 FY25.

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Servotech Renewable Power System announced that the Board of Directors of the Company at its meeting held on 30 April 2026, inter alia, have recommended the final dividend of Rs 0.02 per equity Share (i.e. 2%) , subject to the approval of the shareholders.

Net profit of Servotech Renewable Power System rose 57.64% to Rs 12.28 crore in the quarter ended March 2026 as against Rs 7.79 crore during the previous quarter ended March 2025. Sales rose 48.57% to Rs 217.33 crore in the quarter ended March 2026 as against Rs 146.28 crore during the previous quarter ended March 2025.

For the full year,net profit rose 2.47% to Rs 33.55 crore in the year ended March 2026 as against Rs 32.74 crore during the previous year ended March 2025. Sales declined 0.42% to Rs 671.64 crore in the year ended March 2026 as against Rs 674.44 crore during the previous year ended March 2025.

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The newly patented technology is designed to enable reliable and efficient charging solutions specifically for low-voltage electric vehicles, addressing a critical need within India?s rapidly expanding EV ecosystem.

This solution will address a key interoperability challenge within India?s growing electric mobility ecosystem, enabling fast DC charging of low-voltage EVs (sub-200V DC platforms), including vehicles based on GB/T Bharat DC 001 standards, using conventional high-voltage CCS2 charging infrastructure.

The joint ownership of these patents will accelerate the development of next-generation EV charging ecosystem that benefits businesses and consumers alike.

With the increasing adoption of low-voltage electric vehicles across segments such as small commercial EVs, Pick-up Vans etc, the demand for flexible and compatible charging infrastructure has grown significantly.

The technology incorporates advanced power management and voltage conversion capabilities, enabling safe energy transfer and optimal charging performance for low-voltage EV platforms.

Arun Handa, chief technology officer, Servotech Renewable Power System, said: ?Securing this patent is an important step in strengthening our innovation-led approach to EV charging technology.

Low-voltage electric vehicles are a key part of India?s mobility ecosystem, particularly in segments like small commercial fleets. This patented device has been designed to ensure safe, efficient, and reliable charging for such vehicles, helping make EV adoption through improved charging compatibility.?

Servotech Renewable Power System develops tech-enabled EV charging solutions. The company offers an extensive range of AC and DC chargers which are compatible with different electric vehicles and serve multiple applications such as commercial and domestic.

The company had reported 60.48% jump in consolidated net profit to Rs 14.70 crore on a 2.42% fall in net sales to Rs 211.07 crore in Q3 FY26 as compared with Q3 FY25.

The scrip had declined 0.56% to end at Rs 69 on the BSE.

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