Smarten Power Systems, an integrated energy storage solutions provider, saw H1 FY26 revenue grow 6.5% to ₹115.26 Cr from ₹108.19 Cr.

Net profit was ₹5.88 Cr, a slight dip from ₹5.99 Cr.

Solar PCUs and batteries remain top revenue contributors.

The company's Debt/Equity ratio improved to 0.07 (from 0.16), and Current Ratio rose to 2.79 (from 1.52), showing a stronger balance sheet.

Smarten is strategically expanding its market presence across India and globally, diversifying its 372+ product range.

A major focus is backward integration with its new in-house lead-acid battery plant, expected to boost margins and supply reliability.

The company is also doubling inverter production capacity by March 2026 with a new Jhajjar facility.

Smarten recently listed on NSE Emerge (July 2025) and added 31 new distributors in H1 FY26, enhancing its reach.

Management is confident about long-term growth, emphasizing their shift towards a manufacturing-driven model to improve profitability.

Priorities include scaling capacity, strengthening distribution, and creating lasting value for investors.