What we do Servotech Renewable Power Systems Ltd manufactures LED lighting and solar power products, advancing clean energy solutions including EV chargers and medical devices. |
Founded in 2,004 |
Market share A leading manufacturer in LED lighting and solar power with expanding presence in EV charging and medical oxygen concentrators. |
Problem solved Provides eco-friendly power solutions reducing carbon footprint through renewable energy and efficient LED lighting. |
Top clients or who we serve Catering to B2B and B2C markets including industrial, healthcare, and consumer sectors; expanding into Middle East and Africa. |
Key management Raman Bhatia (Managing Director) |
Our journey and innovations Started with inverters and UPS in 2004; diversified into LED products in 2011; launched portable solar roof systems and entered EV charger market by 2022. |
Where we operate Primarily India with growing exports to Middle East and Africa. |
Top products or what we offer LED lighting, solar products, EV chargers, UVC disinfectors, and medical oxygen concentrators. |
Top brands SERVOTECH (LED and power solutions), ServPort (portable solar PV), Rebreath (medical oxygen concentrators) |
Raw materials needed Electronic components, photovoltaic materials, LED chips, battery cells. |
Raw materials supplier Suppliers primarily from domestic and international electronics and solar component manufacturers. |
Recurring vs cyclical contribution Revenue is primarily project and sales driven with growing recurring service components in medical and EV segments. |
Our industry position Well-positioned in India's renewable power segment with increasing international presence and technology innovation. |
Financial highlights FY 2025 consolidated revenue ₹674.4 crore; net profit ₹32.7 crore; strong year-on-year growth with doubling revenues since FY 2024. |
Geographical revenue split ~96% revenue from India; 4% from overseas markets. |
Order book - |
Whats driving growth Expansion of EV charging infrastructure, solar product demand, increased investment in marketing and field deployment. |
Our future plans Acquisition of 27% stake in Rhine Solar for backward integration; new subsidiaries in sports and entertainment sectors; scaling EV and solar footprint. |
Our green promise Focus on clean energy products and solar-powered infrastructures; commitment to CSR and environmental sustainability. |
Our people and values Promotes employee growth with ESOP schemes, diversity with women directors; engaged workforce across multiple subsidiaries. |
Key challenges ahead Competitive market pressures, supply chain dependencies, and scaling exports while maintaining profitability. |
Interesting facts Inaugurated Delhi’s first solar-powered EV carport; early mover in medical oxygen concentrators during pandemic. |
Risks and strategy Mitigating supply risks via acquisitions; continuous innovation; expanding market presence and diversification. |
