Viviana Power Tech Crosses ₹500 Crore Revenue Milestone in FY26, Reports Strong Growth

Viviana Power Tech Crosses ₹500 Crore Revenue Milestone in FY26, Reports Strong Growth​

Viviana Power Tech Limited (NSE: VIVIANA), a leading power infrastructure and EPC solutions provider, has announced its audited financial results for the year ended March 31, 2026. The results confirm the company’s rapid growth trajectory, noting that it crossed the ₹500 crore revenue milestone for the first time in Fiscal Year 2026.

The Board of Directors approved the results at a meeting held on May 25, 2026.

Consolidated Financial Performance (FY26)​

The company reported robust financial performance for the fiscal year, with key figures demonstrating significant year-over-year increases. The consolidated financial data is presented below:

Operational and Business Highlights​

Viviana Power Tech highlighted several operational achievements during FY26. The company successfully completed multiple prestigious Power Transmission and Distribution (T&D) projects. Operationally, the firm also achieved a key milestone with Mainboard migration approval from NSE SME to NSE Mainboard.

The order book stood at over ₹950 crore, including opportunities related to Battery Energy Storage Systems (BESS). Furthermore, the company maintained a strong project pipeline with active bidding opportunities valued at over ₹1,240 crore.

To expand its manufacturing capabilities, Viviana Power Tech is setting up an expansion for its transformer manufacturing unit, which is planned to achieve capabilities up to the 765 kV voltage class in a phased manner. Higher receivables and debtor days recorded in FY26 were attributed primarily to strong execution in March 2026 alone, which generated ₹257.17 crore revenue out of the total FY26 revenue of ₹531 crore.

Management Vision and Strategy​

Mr. Nikesh Choksi, Chairman & Managing Director, described FY26 as a transformational year for Viviana Power Tech. He stated that the company delivered a record consolidated turnover of Rs. 531 crore, marking a 25x growth since its IPO in September 2022.

The Board approved a ₹100 crore capital expenditure program to establish a greenfield, multi-product power transformer and equipment manufacturing facility near Vadodara. This facility will initially be capable of producing transformers up to 400 kV (with plans to scale to 765 kV later). The range of products includes shunt reactors, converter-duty transformers, and unitized package substations. This development is set to transition Viviana from a pure-play EPC contractor to a vertically integrated Power T&D platform. The facility is anticipated to commence production by the end of 2H FY28, targeting segment revenue of Rs. 1,000-1,200 crore and an estimated PAT margin of 9% - 10% at full scale by FY32.

Mr. Richi Choksi, Whole Time Director, elaborated that the greenfield project leverages institutional knowledge gained from Aarsh Transformers, where deep understanding was acquired through type-testing up to 500 kVA and building strong supply chain relationships. For the new facility, a highly experienced industry veteran with over four decades of expertise has been onboarded to lead the project.

The facility is being designed as a comprehensive power equipment platform, with planned progressive expansion into compact unitized substations, instrument transformers, and surge arresters.

VIVIANA Stock Price Movement​

Viviana Power Tech Limited shares are surging as of 9:27 AM, gaining 11.78% in live trading and currently trading at ₹937. The stock is exhibiting significant momentum, supported by a total traded volume of 76,600 shares on the exchange.