Vivid Electromech Reports Strong Financial Performance, Crosses ₹200 Crore Revenue Milestone in FY26
Navi Mumbai, May 14, 2026 – Vivid Electromech Limited, a company specializing in panel manufacturing and system integration, today announced its audited financial results for the half-year and financial year ended March 31, 2026. The company reported strong performance, with revenue surpassing ₹200 crore.The results reflect robust demand across key sectors, leading to profit growth significantly outpacing the previous year. Vivid Electromech has specialized in the manufacturing of Low Voltage (LV) and Medium Voltage (MV) electrical panels and provides integrated electrical system solutions across multiple industries, including Data Centres & Technology, Metro Projects, Infrastructure, Construction & Real Estate, and Solar & Renewable Energy. The company notes that a significant portion of its revenue is derived from the Data Centres, Metro Projects, and Solar & Renewable Energy sectors.
Financial Performance Highlights
The company’s financial results for FY26 demonstrated substantial year-over-year growth across key metrics:| Particulars (₹ in Crores) | H2 FY26 | H2 FY25 | FY26 | FY25 | YoY % (FY) | YoY % (H2) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 129.57 | 101.26 | 200.14 | 155.32 | +28.86% | +27.96% |
| EBITDA (PBT + Dep + Int) | 32.34 | 20.74 | 46.16 | 28.73 | +60.66% | +55.96% |
| EBITDA Margin | 24.96% | 20.48% | 23.06% | 18.50% | +456 bps | +448 bps |
| Profit Before Tax (PBT) | 30.93 | 20.01 | 43.75 | 26.32 | +66.24% | +54.56% |
| Profit After Tax (PAT) | 22.16 | 15.64 | 31.61 | 19.52 | +61.93% | +41.71% |
| PAT Margin | 17.10% | 15.45% | 15.79% | 12.57% | +322 bps | +165 bps |
| EPS (₹) - Basic & Diluted | 31.65 | 22.33 | 45.13 | 27.87 | +61.93% | +41.74% |
In the first half of FY26 (H2 FY26), the company recorded ₹129.57 crore in revenue and ₹22.16 crore in PAT. This period demonstrated accelerated performance, with H2 revenue accounting for approximately 65% of full-year sales, and H2 PAT representing about 70% of full-year PAT.
Capacity Expansion and Strategic Milestones
The company marked several operational milestones during FY26. Key achievements include:- Revenue Milestone: The company successfully crossed the ₹200 crore revenue mark.
- Listing: Vivid Electromech was successfully listed on the NSE SME Emerge platform on April 7, 2026, enhancing its market visibility and capital foundation.
- Manufacturing Expansion: To support increasing demand, the company is establishing a new fully integrated manufacturing facility at Ambernath, Thane. The facility spans approximately 7,977 sq. metres (~85,800 sq. ft.). Upon operationalization, this new site is expected to increase the company's manufacturing capacity to nearly three times its current level, with the ramp-up process targeted for completion by the end of Q1 FY27.
Operational Dynamics and Business Model
The company's business model is largely execution-driven in the second half of the financial year. The concentration of projects in Data Centres and other key segments leads to the historical trend of receiving a substantial portion of collections during the first half of the following financial year (H1 FY27).Mr. Sameer Vishwanath Attavar, Managing Director of Vivid Electromech Limited, stated that FY26 was a defining year, marked by achieving its highest-ever revenue and strongest profitability. He also noted that the company executed a record investment of ₹22 crore in plant and capital work-in-progress, laying the foundation for future expansion.
The company continues to focus on increasing engagement with leading data centre developers and operators, deepening penetration into the data centre segment, and expanding its market reach through strategic partnerships both within India and in selected international markets.
VIVIDEL Stock Price Movement
Vivid Electromech Limited shares edged higher on Thursday, gaining 1.88% to close at ₹851.65. The stock achieved a notable milestone by hitting its 52-week high of ₹860, with 22,800 shares traded during 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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