Vivid Electromech wins Rs 20.24 Cr order from Univastu India

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

Parameter	Details
Client	Univastu India Limited
Nature of Order	Design, Manufacture, Supply, Installation, Integration, Testing and Commissioning of Power Supply and Traction, Electrical & Mechanic and Lifts Escalators
Contract Value	Rs 20,24,00,000 (excluding GST)
Execution Period	2 months
Origin	Domestic

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.91%	-9.56%	+20.57%	+107.09%	+107.09%	+107.09%

Vivid Electromech has scheduled a series of analyst and investor meetings for June 2026 to discuss its operational performance. The company will engage with Hem Securities Limited on June 15 and PhillipCapital (India) Pvt. Ltd. on June 23. These interactions are intended to provide insights based on publicly available information, with no unpublished price sensitive data to be shared.

The first meeting is a virtual interaction scheduled with Hem Securities Limited for their 'Samruddhi Season 3 – Nav Bharat Ka Caravan' event. This will take place on Monday, 15th June, 2026, from 4:00 PM IST to 5:00 PM IST. Following this, the company management will hold a physical meeting with PhillipCapital (India) Pvt. Ltd. on Tuesday, 23rd June, 2026, from 2:00 PM IST to 5:00 PM IST at Grand Hyatt, Mumbai.

The disclosure was made to the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Mr. Sameer Vishwanath Attavar, Managing Director of Vivid Electromech.

As part of the disclosure, the company provided detailed financial metrics for FY 2026. Revenue from operations for the financial year stood at ₹200.14 crore, a significant increase from ₹155.32 crore in FY 2025. The company reported a Profit After Tax (PAT) of ₹31.61 crore for FY 2026, compared to ₹19.52 crore in the previous year.

The following table summarizes the key financial figures for the past four financial years:

Particulars ( ₹ in Crore )	FY 2026	FY 2025	FY 2024	FY 2023
Revenue from Operations	200.14	155.32	88.91	59.31
Total Income	201.09	155.95	89.75	59.79
Total Operating Expenses	154.93	127.22	82.53	57.27
EBITDA	46.15	28.73	7.22	2.52
EBITDA Margin %	22.95%	18.42%	8.04%	4.21%
Profit After Tax (PAT)	31.61	19.52	3.81	0.14
Net Profit Margin %	15.72%	12.52%	4.24%	0.23%

Operational data indicated that the total installed capacity for LV and MV modules at the Navi Mumbai facility remained at 5,350 units in FY 2026. Actual production reached 5,048 units, resulting in a capacity utilisation of 94.36%. The Pune Mumbai facility reported an actual production of 1,505 units against an installed capacity of 2,150 units, with a utilisation rate of 70.00%.

The company noted that the schedule for these meetings is subject to change due to exigencies on the part of the analysts, investors, or the company. All relevant information will be disclosed on the company's website as per Regulation 46 of the Listing Regulations.