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Earnings Call

Viviana Power Tech Earnings Call: Key Takeaways

Viviana Power Tech reports massive FY26 growth, migrating to NSE Mainboard. Delivering record ₹501.67cr standalone revenue (up 166% YoY) and transitioning into a vertically integrated Power T&D player with transformer manufacturing.

Why this was an Alfa AlertManagement guided FY27 revenue of ₹875–925cr and achieved a 195% YoY PAT growth in FY26, signaling future growth trajectory >50%.
Highlights
Revenue growth166% YoY standalone revenue growth in FY26.
MarginsOperating Profit Margin improved to 14.25% from 13.86%.
Order bookOrder book crossed ₹1,000cr as of FY26 end.
Demand visibilityStrong; ₹1,000cr+ order book provides long-term earnings predictability.
Management confidenceHigh; citing migration to Mainboard and vertical integration benefits.

Growth

FY26 standalone revenue up 166% to ₹501.67cr; Net Profit surged 195% to ₹50.18cr. Consolidated turnover reached ₹533cr.

Outlook

Targeting ₹2,000cr+ revenue and ₹200cr+ PAT by FY30. ₹100cr capex for greenfield 400kV transformer facility near Vadodara.

Risks

Expansion into manufacturing requires high capex; dependency on DISCOM order timing causing strong seasonality in inflows.

Last quarter's promises, checked

Delivered

  • Guided ₹560cr FY26 revenue → delivered ₹533cr consolidated (~₹502cr standalone) (= BEAT)
  • Guided ₹50cr-₹60cr PAT → delivered ₹50.18cr standalone PAT (= BEAT)
  • Guided NSE Mainboard migration → delivered approval May 2026 (= BEAT)

Partly delivered

  • Guided 14.7% margins → delivered 14.25% OPM (= PARTIAL)

Missed

  • Guided ₹1,400cr order book → delivered ₹1,000cr+ (= MISS)
Source

Earnings Call filed with NSE, NSE: VIVIANA. Summary written with AI assistance from the document.

Read the document ↗

Viviana Power Tech Ltd: key numbers

Share price
₹719.55
Market cap
₹728.5 Cr
Revenue (annual)
₹531.2 Cr
Net profit (annual)
₹52.73 Cr
P/E (TTM)
13.1×Sector 25.1×
Promoter holding
70.79%+0.16% QoQ
FII holding
0.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Viviana Power Tech Ltd

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13:49 IST NSE
Production Started

Viviana Power Tech Production Started

Viviana Power Tech inaugurated its transformer plant in Vadodara with 1,000 MVA annual capacity. Commercial production has begun for 66 kV and 33 kV power transformers.

annual power transformer production capacity
1000 MVA
15:38 IST NSE
Debt & Borrowing

Viviana Power Tech Debt & Borrowing: ₹0.2 Cr

Viviana Power Tech disclosed the record date for 12% NCD interest payment. Total coupon of ₹0.20 Crore is payable on 21 October 2026.

Value
₹0.20 Cr
15:36 IST NSE
Debt & Borrowing

Viviana Power Tech Debt & Borrowing: ₹0.25 Cr

Viviana Power Tech fixed a 26-Sept-2026 record date for ₹0.25 Crore interest on its 12% NCDs, payable 11-Oct-2026.

Value
₹0.25 Cr
14:15 IST NSE
Business Update

Viviana Power Tech Business Update

Viviana Power Tech inaugurated a power transformer plant in Vadodara with 1,000 MVA annual capacity. Commercial production has yet to commence.

annual production capacity (power transformers)
1000 MVA
16:27 IST NSE
Promoter Buying

Viviana Power Tech Promoter Buying

Promoter Priyanka Richi Choksi acquired 2,490 shares of Viviana Power Tech via open market. Her stake in the company increased from 2.09% to 2.11%.

Promoter stake change
+0.02%
11:54 IST NSE
New Order Win

Viviana Power Tech Bags ₹139.5 Cr Order from PGVCL

Viviana Power Tech received L1 bid confirmation for Rs.139.49 Cr underground cable project from PGVCL. Total order book now exceeds Rs.1,850 Crore.

Value
₹139.5 Cr
From
PGVCL
Order book
₹1,850 Cr