Vivid Electromech Limited Achieves Strong Growth Amid Market Trends; Acquires Mechtech Infrasolutions

Vivid Electromech Limited Achieves Strong Growth Amid Market Trends; Acquires Mechtech Infrasolutions​

Vivid Electromech Limited, a leading manufacturer of electrical and automation solutions, has reported robust financial growth and operational expansion. The company has also strategically acquired Mechtech Infrasolutions to enhance its capabilities in industrial automation and Siemens LV Drive Solutions.

The manufacturing firm specializes in Low-Voltage (LV) and Medium-Voltage (MV) electrical panels and provides comprehensive control and automation systems. With over 30 years of incorporation, Vivid Electromech maintains two integrated manufacturing facilities across Navi Mumbai and Pune, serving industries such as Data Centres, Industrial Manufacturing, Renewable Energy, Utilities, Metro & Rail, and Infrastructure.

Strategic Acquisitions and Operational Expansion​

The company recently executed the acquisition of Mechtech Infrasolutions for a transaction value of ₹99 Lakhs. This strategic move involves purchasing a 99% partnership interest in Mechtech Infrasolutions. Pre-transaction, Mr. Sameer Vishvanath Attavar held a 50% stake in Mechtech alongside Mrs. Meeta Sameer Attavar. Post-acquisition, Vivid Electromech Limited holds the 99% stake, with Mr. Sameer Vishvanath Attavar retaining a 1% share.

Mechtech Infrasolutions was an entity engaged in trading electrical products and operated as a Licensed Partner of Siemens Limited for SIEPAN 8PU Low Voltage Switchboards. The acquisition aligns with Vivid Electromech's strategy to expand its technology-driven solutions portfolio, particularly concerning LV Drive Modules & Systems, thereby increasing exposure to infrastructure and industrial customers.

The company is also developing a new manufacturing unit in Ambernath, Thane, which will be fully automated. This facility development aims to add significant capacity: 14,300 LV verticals and 700 MV verticals per year upon completion of phase 1, expected by the end of August 2026.

Financial Performance Highlights for FY 2026​

The company showcased strong performance in Fiscal Year (FY) 2026 across key metrics. Revenue grew 28.95% year-over-year to ₹201.09 Crore. EBITDA rose by 60.66% YoY, reaching ₹46.15 Crore, and the EBITDA Margin expanded significantly by 453 basis points (bps) to 22.95%. Profit After Tax (PAT) increased by 61.93% YoY to ₹31.61 Crore, achieving a PAT margin of 15.72%.

The company's operational and financial stability is highlighted in the following summary:

Operational Capacity and Market Reach​

Vivid Electromech operates two key manufacturing units in Navi Mumbai and Pune, focusing on high-quality execution and capability enhancement across the supply chain—from fabrication through to commissioning.

Manufacturing unit capacities and performance data are detailed below:


In terms of market footprint, the company generated total revenue across various states in FY 2026 at ₹200.07 Crore, with Maharashtra contributing 91.65% (₹183.37 Cr).

Sectoral Revenue Mix​

The business demonstrates a diversified presence across critical industries. For the year FY 2026, the revenue distribution across key segments stood as follows:

Corporate Strength and Partnerships​

Vivid Electromech Limited boasts strategic OEM partnerships with global leaders including ABB, Hitachi, and Lauritz Knudsen Electrical & Automation. The company holds multiple certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

The company’s service portfolio includes LV and MV solutions such as PCC Panels, Intelligent MCC Panels, APFC Panels, and specialized products like DG Synchronizing Panels. Its commitment to quality is underscored by its designation as an ABB ArTu K Partner, having received multiple awards from ABB for excellence in power solutions.

VIVIDEL Stock Price Movement​

On Thursday, Vivid Electromech Limited shares tumbled by 1.50% to settle at ₹1368.25, shedding ₹21.10 from the previous close of ₹1405.1. The daily activity saw volume limited to 6,480 shares as the stock continued to trade following its impressive achievement of a 52-week high of ₹1429.