Vivid Electromech Limited reported estimated revenue of ₹32.68 Cr for Q1 FY27, reflecting a 36% increase from ₹24.05 Cr in Q1 FY26, driven by strong execution across data centres, infrastructure, and renewable energy projects. The company's order book remains robust at ₹210 Cr, ensuring revenue visibility for the coming quarters. This performance underscores the company's strengthening position in the electrical panel manufacturing and power distribution industry.

The company disclosed these figures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sameer Vishwanath Attavar, Managing Director, confirmed the update regarding the estimated revenue and order book for the quarter ended June 30, 2026.

Key Business Developments

Vivid Electromech secured significant orders during the period, including a ₹30.13 Cr purchase order from STT Global Data Centres India Pvt. Ltd. for the supply, installation, testing, and commissioning (SITC) of PDU and DWDM Panels. Additionally, the company received a ₹20.24 Cr work order from Univastu India Limited for the design, manufacture, supply, installation, testing, and commissioning of MV switchgear, panels, and distribution boards for a major infrastructure project.

Financial and Operational Highlights

The company continues to progress on its 120,000 sq. ft. automated manufacturing facility at Ambernath, which is expected to significantly enhance production capacity and operational efficiency. Strategic partnerships with ABB, Siemens, Hitachi, and Lauritz Knudsen are further strengthening its capabilities in Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation solutions.

Strategic Outlook

Looking ahead, the company's growth strategy focuses on commissioning the new automated manufacturing facility to support higher execution capabilities. It aims to increase participation in India's hyperscale and colocation data centre market while leveraging opportunities in metro, utilities, industrial, and renewable energy projects. Expanding advanced LV & MV electrical solutions with higher-rated, type-tested products remains a priority to drive sustainable long-term growth.

Vivid Electromech has secured a work order worth Rs 20.24 crore from Univastu India Limited for the design, manufacture, supply, installation, integration, testing, and commissioning of power supply and traction systems. The order, dated June 23, 2026, also encompasses electrical and mechanical works along with lifts and escalators. The project is valued at Rs 20,24,00,000 excluding GST and is expected to be completed within two months.

Order Details

The contract was awarded by a domestic entity, Univastu India Limited, and falls outside the scope of related party transactions. The scope of work includes a complete set of medium voltage (MV) switchgear, panels, and distribution boards comprising ABB make switchgear. There are no interests held by the promoter or group companies in the entity awarding the order.

Contract Overview