Viviana Power Tech Announces Strategic Disinvestment of Subsidiary Holdings and Shares Q2 Financial Results
Viviana Power Tech Limited has announced plans for a significant strategic restructuring, detailing the proposed disinvestment of its entire stake in two subsidiaries: Aarsh Transformers Private Limited and Viviana Life Spaces Private Limited. The company also released its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated segments.The Board of Directors approved the proposal to divest these stakes to realign the company’s business portfolio. Regarding Viviana Life Spaces Private Limited, the disinvestment is intended to move away from non-core real estate business into core operations. For Aarsh Transformers Private Limited, the sale is part of a strategy to achieve operational integration and resource utilization efficiency as the parent company decides to undertake transformer manufacturing directly.
Q2 2026 Financial Highlights
The unaudited financial results for the quarter ended June 30, 2026, reflected stability across various metrics. The management noted that the Standalone Financial Results were reviewed and approved by the Audit Committee, alongside receiving a Limited Review Report from Statutory Auditors, M/s Mukund & Rohit, Chartered Accountants.Key operational metrics from the standalone results (all amounts in lakhs) include:
| Metric | Value (lakhs) |
|---|---|
| Total Income | 7,331.83 |
| Total Expenses | 6,411.07 |
| Profit before tax | 920.76 |
| Profit for the period | 693.34 |
The company maintains a high level of financial health in terms of key ratios:
| Financial Ratio (Standalone) | Value |
|---|---|
| Net Worth | 12,099.53 |
| Current Ratio | 111 |
| Operating Margin Percent | 16.08% |
| Net Profit Margin Percent | 9.65% |
Consolidated and Segmental Performance Review
The consolidated financial results for the quarter ended June 30, 2026, showed a profit attributable to the owners of the parent company of 5,273.37 lakhs. The net income margin stood at 10.00%.| Financial Ratio (Consolidated) | Value |
|---|---|
| Net Worth | 11,618.76 |
| Current Ratio | 1.07 |
| Operating Margin Percent | 14.29% |
| Net Profit Margin Percent | 10.00% |
In terms of segment reporting for the quarter ended June 30, 2026, the consolidated segment revenue stood at 7,239.06 lakhs.
Disinvestment Details and Financial Covenant Compliance
The planned divestment involves disposing of the entire shareholding in both subsidiaries: Viviana Life Spaces Private Limited (at 90% holding) and Aarsh Transformers Private Limited (at 75% holding). The transaction is described as a strategic restructuring aimed at business reorganisation.A separate review certificate issued by Statutory Auditors, Mukund & Rohit Chartered Accountants, confirmed compliance with the financial covenants of the listed debt securities for the quarter ended June 30, 2026. Furthermore, the auditor certified that the book value of assets provided as security in respect of listed secured debt securities was confirmed.
Regarding fund utilization related to debentures, a certificate issued by the company's auditors stated that there was Nil Deviation or Variation in the use of proceeds for the Non-Convertible Debentures raised during March 2026 (Rs. 25 Crores) and April 2026 (Rs. 20 Crores).
The table below summarizes the ownership structure before the proposed transaction:
| Subsidiary Name | Percentage Held |
|---|---|
| Aarsh Transformers Private Limited | 75% |
| Viviana Life Spaces Private Limited | 90% |
VIVIANA Stock Price Movement
Shares of Viviana Power Tech Limited slipped by 2.49%, shedding ₹17.90 to settle at ₹702.65 in post-market trading today. The decline occurred as fewer than 17,000 shares were traded throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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