Viviana Power Tech Limited delivered a strong FY26 performance, reporting sharp growth across revenue, profitability, and order inflows while outlining an ambitious long-term expansion strategy in the power transmission and equipment manufacturing segment.
The company’s consolidated revenue from operations surged 143% YoY to ₹531.25 crore in FY26, while EBITDA rose 136% to ₹75.91 crore. Net profit jumped 167% YoY to ₹52.73 crore, with profit margins improving to 9.93%. Earnings per share increased 64% YoY to ₹52.33.
FY26 marked several operational milestones for the company, including successful execution of key power transmission and distribution projects and migration approval from the NSE SME platform to the NSE Mainboard. Viviana Power Tech also crossed the ₹500 crore annual revenue milestone for the first time.
The company’s order book currently stands above ₹950 crore, including emerging opportunities in Battery Energy Storage Systems (BESS), while active bidding projects exceed ₹1,240 crore, indicating strong business visibility over the coming years.
To strengthen its long-term positioning, Viviana Power Tech approved a ₹100 crore greenfield capital expenditure programme for a multi-product power transformer and equipment manufacturing facility near Vadodara. The proposed facility will manufacture transformers up to 400 kV initially, with future expansion capability up to 765 kV, along with shunt reactors, converter-duty transformers, and unitised package substations.
The company expects the facility to commence production in the second half of FY28 and aims to generate ₹1,000–1,200 crore segment revenue with 9–10% PAT margins by FY32. Management stated that the expansion will help transform the company into a vertically integrated power T&D platform.
Viviana Power Tech has also outlined an internal target of achieving ₹200 crore consolidated PAT by FY30-31 through a mix of operational growth, manufacturing expansion, internal accruals, equity infusion, and debt financing.
Additionally, subsidiary Aarsh Transformers is expanding capacity to 7.5 MVA to cater to increasing renewable energy sector demand.
Commenting on the results, Chairman and Managing Director Nikesh Choksi described FY26 as a “transformational year,” highlighting the company’s rapid scale-up since its IPO and the strategic importance of its NSE Mainboard migration in attracting institutional investors.
