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Vivid Electromech Bags ₹35.77 Crore Orders From Afcons JV and Univastu India

Vivid Electromech Limited has secured two significant purchase orders totaling approximately ₹35.77 crore from Afcons Infr Vijeta Infra JV-TZ and Univastu India Limited. These contracts involve the supply of specialized electrical panels and switchgear for an international water supply scheme and a domestic metro project.

Young female technician repairing electrical control panel in industrial setting. Stock photo illustrating Vivid Electromech's new order story.
Photo: mickael ange konan / Pexels
Key numbers
Market Cap ₹1,057.56 CrMicro-cap
P/E TTM 33.46xSector: 37.1x
1-Yr Return 114.4%Stock Performance
Order fromAfcons Infr Vijeta Infra JV-TZ and Univastu India Limited
Execution period7 to 9 weeks (Afcons Infr Vijeta Infra JV-TZ); 2 months (Univastu India Limited)
Deal value₹35.77 Cr
Share of market cap3.4%
Share of annual revenue17.9%
Vivid Electromech · share price, past month

Key highlights

  • Total combined order value is ₹35.77 crore excluding taxes
  • Afcons JV contract covers LT, PDB, VFD, and PFC panels for a water supply scheme in Tanzania
  • Univastu India order includes 176 LV panels and MV switchgear for a Metro Line project
  • Combined orders represent approximately 17.9% of the company's FY26 annual revenue
  • Execution timelines are set between 7 weeks and 2 months for both contracts

Global and Domestic Infrastructure Awards

Vivid Electromech has expanded its international footprint through a purchase order from Afcons Infr Vijeta Infra JV-TZ. This contract focuses on the supply of various electrical panels, including Low Tension, Power Distribution Boards, Variable Frequency Drives, and Power Factor Correction units, specifically for a water supply scheme in Tanzania. Simultaneously, the company secured a domestic contract from Univastu India Limited for a Metro Line project.

This domestic order involves the supply of 176 Low Voltage panels and Medium Voltage switchgear, utilizing components from ABB. These wins highlight the company's ability to serve high-specification infrastructure projects across different geographies and sectors.

Rapid Execution Timelines for Project Delivery

  • Afcons JV Tanzania project panels to be supplied within 7 to 9 weeks from manufacturing clearance
  • Univastu India Metro Line order requires full execution within a strict 2-month period
  • Scope includes technical supply of total 176 LV Panels and MV Switchgear units
  • Contracts utilize standardized ABB make switchgears for domestic metro infrastructure
  • Immediate commencement planned to meet the fourth-quarter delivery targets

Scaling the Order Book Towards FY27 Targets

The new awards bolster an already expanding order book, which stood at ₹205 crore as of August 31, 2026. This ₹35.77 crore addition follows a series of significant wins earlier in the year, including a ₹52.81 crore award in August from Cosmic PV Power and Bondada Engineering. The company is currently working toward a management-guided revenue growth target of 35% to 40% for FY27, aiming to surpass the ₹300 crore mark.

These infrastructure-heavy contracts align with the company's strategy to diversify beyond electronic components into large-scale commercial and industrial power distribution systems.

Earlier announcements by Vivid Electromech
DateAnnouncementAmount
25 Aug 2026Letter of Award and purchase orders from Cosmic PV Power, Bondada Engineering, and DRN Infrastructure for LT/HT panels, 33kV switchgear panels, and wastewater management electrical panelsSource: NSE filing₹52.81 Cr
06 Jul 2026Purchase order amendments from STT Global Data Centres India for SITC of PDU and DWDM panels for the NMDC02 projectSource: NSE filing₹30.13 Cr
29 Jun 2026Work order from Univastu India for design, manufacture, supply, installation, testing, and commissioning of MV switchgear, panels, and distribution boardsSource: scanx.trade₹20.24 Cr
30 Apr 2026Domestic purchase orders for supply of power distribution systems across data centre and infrastructure projects, including STT Global and CtrlS Data CentersSource: stockopedia.com₹43.95 Cr

What to watch next

  • Full commissioning of the new automated manufacturing facility at Ambernath scheduled for October 2026
  • Completion of the Tanzania water supply panel deliveries within the 9-week window
  • Updates on the bidding pipeline which was reported at ₹210 crore as of June 2026
  • Next quarterly financial results announcement scheduled to reflect recent order execution
Vivid Electromech · financial snapshot
Share price₹1189.9
Market capitalisation₹1,057.56 Cr
Revenue (annual)₹200.14 Cr
Net profit (annual)₹31.61 Cr
P/E (TTM)33.46×Sector 37.1×
Promoter holding73.53%
FII holding0.45%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Vivid Electromech Limited announcing the receipt of purchase orders worth ₹35.77 crore. Market figures from a third-party data provider.

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