Vivid Electromech Reports Robust Financial Growth, Strong Focus on Data Centre Market

Vivid Electromech Reports Robust Financial Growth, Strong Focus on Data Centre Market​

Vivid Electromech Limited (Vivid) has maintained a strong growth trajectory, driven by its specialized focus within the data centre and industrial manufacturing segments. The company provided an overview of its operations and financial performance during an investor interaction program titled 'INDIA Inc. Unplugged: Conversations that Create Conviction,' organized by PhillipCapital (India) Pvt. Ltd.

The firm has executed a strategic pivot over the past five years, moving away from lower-margin EPC, commercial, and residential segments entirely to concentrate on data centres, metro & rail infrastructure, industrial manufacturing, and renewable energy solutions. As an ISO 9001:2015 certified manufacturer based in Navi Mumbai, Vivid custom-engineers all products to customer specifications.

Corporate Structure and Product Offering​

Vivid’s product portfolio spans both Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation systems. The MV segment covers products such as VCB Panels, RMU Panels, DG Synchronising Panels, and Vacuum Contactor Panels (3.3 kV to 33 kV). The LV range, which includes PCC Panels and Intelligent MCC Panels (up to 1,000V), features key product lines like the V-Set and ArTu K panels.

In terms of revenue mix for FY2026, the company's portfolio is concentrated in specialized verticals:


Vivid has secured strategic OEM partnerships, including licensed manufacturing rights for ArTu K Low Voltage Switchboards from ABB India, an authorised channel partnership with Hitachi for Medium Voltage VFD Drives across Mumbai and Maharashtra, and a partnership with Siemens Limited via Mechtech Infrasolutions for LV switchboard manufacturing.

Financial Performance Highlights (FY2026)​

The company demonstrated significant profitability improvement in FY2026. The key financial metrics illustrate strong growth across the span of five years:


Beyond profitability, the company maintains a high level of capital efficiency, with ROE estimated at approximately 53% and ROCE at around 48%. The balance sheet is near debt-free post-IPO, supported by working capital facilities limited to ₹5 Cr (Kotak) and ₹2 Cr (ICICI).

Data Centre Vertical Penetration and Growth Outlook​

The data centre sector forms the core of Vivid's business. Approximately 70% of this segment’s revenue is generated from hyperscale customers, with the company currently collaborating with 6 of the top 10 hyperscalers in India. Management aims to onboard the remaining four within the next three to six months. The average project ticket size in the data centre space stands between ₹20 and ₹25 Cr, and demand visibility is assessed at 4-5 years.

Vivid’s differentiated offering includes supplying both LV (ArTu K / R2K design) and PDU (Power Distribution Unit) panels to these customers. Geographical proximity remains a structural advantage, as most hyperscale data centres are concentrated in Mumbai, Pune, and Chennai—Vivid's key operational markets.

Looking ahead, Vivid has a substantial order book of ₹221 Cr, with a target revenue guidance of ₹300+ Crore for FY27, expecting a 35% to 40% growth trajectory through continued diversification. The company reported that approximately 75% of its revenue is derived from existing clients on new projects, contributing to stable business continuity.

Manufacturing Capacity Expansion​

To support future demand, the company is undertaking a greenfield expansion in Ambernath, Thane, Maharashtra. This facility is being developed with a size of roughly 1,19,800 sq. ft. and is scheduled for Phase 1 Commercial Operations by the end of August 2026, targeting full commissioning by October 2026.

The expansion will add a capacity of 14,300 LV Verticals and 700 MV Verticals per year. Post-expansion, Vivid's total estimated annual capacity would reach approximately 22,500 verticals, representing about a threefold increase from the current 7,500 units.

Current facilities include operations at Unit 01 in Navi Mumbai (with 94.36% utilization) and Unit 02 in Pune (at 70.00% utilization).

VIVIDEL Stock Price Movement​

As of 10:08 AM, shares of Vivid Electromech Limited are slipping by 3.40% in live trading, currently priced at ₹1332.00 as traders navigate the market movement. The stock has seen a significant intraday move, with 5,760 shares transacted during the current session.