Servotech Renewable Power System (NSE:SERVOTECH) Q1 2027 Earnings Call

0:00 Ladies and gentlemen, good day, and welcome to Servotech Renewable Power System Limited Q1 FY 'twenty seven Earnings Conference Call. As a reminder, all participant lines will be in the listen only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Please note that this conference is being recorded. I now hand the conference over to Mr. Raman Bhatia, Managing Director. Thank you, and over to you, sir. Thank you. Good day, everyone, and a very warm welcome. It is a pleasure to have you join us today as we discussed Servotech we discussed Servotech Renewable Power System Limited performance for the first quarter of FY 'twenty six'twenty seven.

0:54 This quarter marks a strong beginning to the new financial year and reflects the steady execution of our long term growth strategy. We have delivered robust financial performance while continuing to strengthen our position across the renewable energy value chain. Our focus on expanding manufacturing capability, advancing indigenous technology and delivering integrated solutions across solar, battery storage system and EV charging infrastructure and EV chargers manufacturing has helped us to capitalize on the growing opportunities emerging from India's clean energy transition. During the quarter, we secured a major rooftop solar order from South Central Railway, signed a MOU with the government of Haryana to expand our manufacturing capacity in the state. We got... We secured one more order for a 900 kilowatt BFS from UP, and we received the b five star rating for our 60 kilowatt and twenty one twenty kilowatt and two forty kilowatt is already is in process.

1:58 Together, these wins reflect the continuous strength of our order pipeline and our ability to convert opportunity into execution as we build a future ready clean energy ecosystem. And one more thing I want to add here, we are increasing day by day our channel partners across the India. Now we are penetrating in South India, North India, Northeast India, and many more areas. I am pleased to share the financial highlights for the first quarter of FY 'twenty six, 'twenty seven. Looking at our stand alone performance, the company delivered strong year on year growth across all key financial parameters. Total revenue grew by 66.31%, reaching INR 208.1 crore compared to INR 125.14 crore in Q1 FY 'twenty six.

2:48 EBITDA increased by 62.85% from INR 23.18 crore to INR 47 crore, standing at INR 11.10 crore. These results and PAT grew by 47%, standing at INR 11.1 crore. These results reflect improved operational efficiencies, disciplined execution and sustained demand across our key business segments. On a consolidated basis, we also recorded a strong quarter. Total revenue increased by 57.69% to INR 216.29 crore compared to INR 137.1 crore in the corresponding quarter last year. EBITDA witnessed an impressive growth of 93.35%, reaching 20.94 crore, while profit after tax stood at 7.95% growth, registering a growth of 74.151 year on year. These results reflect the collective efforts of our team, the confidence of our customer and partners, and the continued execution of our long term strategy while we remain uncreate by the momentum we have built.

3:57 Our focus continue to be disciplined growth, operational excellence, and creating sustainable long value... Long term value for all the stakeholders. Thank you. Hello? Should we begin with the question and answer session now? Yes. Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press star and one on the touch tone telephone. If you wish to remove yourself from the question queue, you may press star and 2. Participants are requested to use handset while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue The first question is from the line of an individual investor. Please proceed.

5:16 Are you there? As there is no response, I'm taking the next question from the line of Darsheel from Crown Capital. Hello. Good afternoon, sir. Thank you so much for taking my question. Firstly, congratulations on a great set of results, sir. Sir, just wanted to understand, like, in terms of our outlook, what do you see FY 'twenty seven panning out as, sir? Please, can you repeat your question? Sir, last year compared with around 50% growth.

6:03 So FY 'twenty seven in terms of revenue or margins? Doubt. Sir, but because first, yeah, level to continue last year investments in the capital investment in the machinery plant outcome.

6:59 Okay. Okay, sir. And, sir, margin I think 10% of FY twenty six higher momentum in terms of margins. Sir, margin Okay. Fair enough, sir. And, sir, order book sir?

7:55 Order book government order projects model order book on a paper with the marketing and sales team efforts. Okay. Okay. Fair enough. Fair enough, sir. And, sir, You always display.

9:13 Okay. Okay. Fair enough, sir. Yeah. That's it from my side. Thank you so much. Thank you. Thank you. A reminder to all participants, anyone who wishes to ask a question may press star and one on the touch tone telephone. I repeat, anyone who wishes to ask a question, may press star and one on the touch tone telephone. The next question is from the line of Pradeep Kumar, an individual investor. Please proceed.

11:12 So regarding charger already installed Okay. Thank you. Product next product financial product Okay. Okay. Thank you, sir. Thank you. Thank you. The next question is from the line of, an individual investor. Please proceed. Hello. Am I audible? Yes. So my question is regarding first about BEST, like how much demand we are looking into it and what kind of expansion we are looking to do in that particular segment?

12:08 BEST, B E double S, battery packs. Okay. Okay. Okay. So Okay.

14:07 Thank you. The next question is from the line of Darsheel from Crown Capital. Please go ahead. Thank you so much for question. Okay, sir. Three x by end of the year and 10 x upon all those parameters. So battery. BSS.

15:05 So Okay.

16:06 Okay. Okay. Sir. So, sir, like, we... Next two, three years company capacity increase. Okay. Okay. That... That's really great, sir, because I think part 300 double. Three hundred three hundred. '23, sir, 300. So, sir, 20.

16:54 Sir, 87 plan. So that... That's great to you, sir, sir. Thank you so much, sir. Thank you. Thank you. The next question is from the line of Neha, an individual investor. Please proceed. Hello? Hello? Hello? Congrats, sir, on such a great result. I just wanted to know, just say, last three quarter... Last few months share prices fluctuate, the results have been really great. So can you shed some light on this?

18:02 Sentiment Okay, sir. Thank you so much. Thank you. Thank you. The next question is from the line of, an individual investor. Please go ahead. Hello? Hello. One more question I have. Including all segments Okay.

19:41 Okay, sir. Thank you, sir. Thank you. Thank you. A reminder to all participants, anyone who wishes to ask a question may press star and one on their touch tone telephone. I repeat, anyone who wishes to ask a question may press star and one on the restaurant telephone. The next question is from the line of an individual investor.

20:39 Please proceed. Hello? Hello? Thank you. Thank you.

21:42 The next question is from the line of Muskaan Bansal, an individual investor. Please go ahead. Good afternoon, sir. Good afternoon. Sir, I have a question about PM. Thank you, sir. Thank you.

22:29 Thank you. A reminder to all participants, anyone who wish to ask a question may press star and one on the touch tone telephone. I repeat, anyone who wishes to ask a question may press star and one on the touch tone telephone. A reminder to all participants, anyone who wishes to ask a question may press star and one on the attached tone telephone. The next question is from the line of Neha, an individual investor. Please proceed.

23:27 So, sir, I just wanted to ask that Servotech Sports is... It's not profitable at this point. So what kind of businesses segments that are there that you are handling into it? Product sports event manager SERVOTECH key company marketing cricket team franchise. It's kind of a dream league of India. So Sure, sir. Got it.

24:17 Thank you. A reminder to all participants, anyone who wishes to ask a question may press star and one on their restaurant telephone. I repeat, anyone who wishes to ask a question may press star and 1 on their restaurant telephone. The next question is from the line of Gaurav Singh, an individual investor. Please go ahead. So, sir, I hope you can hear me.. So basically, if particular quarter means, results of HRA, so congratulations for that. So, in the recent quarters as well. So this particular quarter may share orders, sir. This is one product that are.

25:06 And this particular tenders and fishery tender, some of the data So currently orders Okay, sir. So actually, we are talking about quarter. Okay. So

26:55 you. You. Thank you. A reminder to all participants, anyone who wishes to ask a question may press star and one on their touch tone telephone. I repeat, anyone who wishes to ask a question may press star and one on their touch tone telephone. The next question is from the line of Sathyam Chaudhry, an individual investor. Okay.

28:40 Thank you. A reminder to all participants, anyone who wishes to ask a question may press star and one on the restaurant telephone. I repeat, anyone who wishes to ask a question may press star and one on the restaurant telephone. As there are no further questions from the participants, I now hand the conference over to the management for closing comments. Over to you, sir. Thank you all for your insightful questions and for taking the time to join us today. We try... We truly value and your continued trust and engagement with Servotech. As we move ahead, we remain committed to strengthening our capabilities, expanding our technology portfolio and pursuing growth opportunity with a disciplined and long term approach. India's clean energy transition continues to present significant opportunities, and we believe Servotech is well positioned to contribute meaningfully through innovations, manufacturing excellence and customer centric solutions.

29:44 On behalf of the entire Servotech team, I would like to thank our shareholders, customers, business partners and employees for their continued confidence and support. We look forward to engaging with you again in the coming quarters. Thank you once again, and have a wonderful evening. Bye. Thank you. On behalf of Servotech Renewable Power System Limited, that concludes this conference. Thank you for joining us, and you may now disconnect your line. Thank you.