PNN
Mumbai (Maharashtra) [India], July 14: Vivid Electromech Limited (NSE: VIVIDEL) continues to strengthen its position in India's electrical panel manufacturing and power distribution industry through strong execution across data centres, infrastructure, renewable energy, and industrial projects. The Company remains focused on expanding manufacturing capacity, enhancing product capabilities, and strengthening relationships with leading OEM partners.
Q1 FY27 Business Highlights
- Financial Performance: Revenue grew to ₹32.68 Cr in Q1 FY27, up ~36% from ₹24.05 Cr in Q1 FY26, reflecting continued execution momentum.
- Order Book Update: Order pipeline remained robust at ₹210 Cr, providing strong revenue visibility for the coming quarters.
Key Business Developments
- Received a ₹30.13 Cr purchase order (including amendments) from STT Global Data Centres India Pvt. Ltd. for the SITC of PDU and DWDM Panels, reinforcing the Company's strong presence in the data centre sector.
- Secured 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.
- Continued progress on the 120,000 sq. ft. automated manufacturing facility at Ambernath, which is expected to significantly enhance production capacity and operational efficiency.
- Continued strengthening capabilities in Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation solutions through strategic partnerships with ABB, Siemens, Hitachi and Lauritz Knudsen.
Strategic Outlook
With strong execution in Q1 FY27 as a foundation, the Company's growth in the coming quarters will be driven by:
- Capacity Expansion: Commissioning of the new automated manufacturing facility to support higher execution capabilities.
- Data Centre Growth: Increasing participation in India's rapidly expanding hyperscale and colocation data centre market.
- Infrastructure Expansion: Leveraging growing opportunities across metro, utilities, industrial and renewable energy projects.
- Technology Leadership: Expanding advanced LV & MV electrical solutions with higher-rated, type-tested products.
- Operational Excellence: Enhancing execution capabilities, manufacturing efficiency and customer relationships to support sustainable long-term growth.
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