Viviana Power Tech Q1 FY27 Results: Revenue Jumps 246%, PAT Surges 232%, Company Sharpens Focus on India’s Power Infrastructure Growth
Viviana Power Tech Limited reported an impressive start to FY27, delivering record quarterly revenue and profit growth while unveiling a strategic restructuring aimed at strengthening its position in India’s rapidly expanding power transmission and energy infrastructure sector. Alongside the strong financial performance, the company announced plans to streamline its business by divesting non-core subsidiaries and concentrating entirely on its core power EPC and transformer manufacturing businesses.
Q1 FY27 Financial Highlights
The company posted exceptional year-on-year growth across all key financial metrics.
| Particulars | Q1 FY27 | Q1 FY26 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹71.86 Cr | ₹20.78 Cr | 246% |
| EBITDA | ₹11.56 Cr | ₹3.48 Cr | 232% |
| EBITDA Margin | 16.08% | 16.75% | Stable |
| Profit Before Tax | ₹9.21 Cr | ₹2.70 Cr | 241% |
| Profit After Tax | ₹6.93 Cr | ₹2.09 Cr | 232% |
| PAT Margin | 9.65% | 10.05% | Stable |
| EPS | ₹6.85 | ₹2.08 | 229% |
The strong performance reflects higher project execution, improved operational efficiency, and healthy order inflows.
Strategic Restructuring to Build a Focused Power Infrastructure Company
One of the biggest announcements in the investor presentation was the Board’s approval to divest:
- 90% stake in Viviana Life Spaces Pvt. Ltd.
- 75% stake in Aarsh Transformers Pvt. Ltd.
Upon completion, both companies will cease to be subsidiaries of Viviana Power Tech. Management clarified that the restructuring is not a downsizing exercise but a strategic move to sharpen focus on the core power infrastructure business.
According to Chairman & Managing Director Mr. Nikesh Choksi, the objective is to simplify the corporate structure, improve capital allocation, enhance operational efficiency, and provide greater transparency to investors while keeping the long-term growth strategy unchanged.
Core Business to Drive Future Growth
After the proposed restructuring, Viviana Power Tech will focus on five key growth areas:
- EPC Projects
- Power Transmission & Distribution
- Transformer Manufacturing
- Renewable Energy Integration
- Battery Energy Storage Systems (BESS)
The company believes this focused structure will improve execution capabilities, strengthen management accountability, and unlock long-term shareholder value.
Strong Order Book Provides Revenue Visibility
Viviana continues to benefit from a healthy order pipeline.
Some key highlights include:
- Order book of ₹1,312.53 crore
- More than 80 completed projects
- Over 11 years of industry experience
- Workforce of approximately 500 employees
- Team of more than 100 professionals
Management believes the large order book provides strong revenue visibility and supports long-term earnings growth.
Expansion into Power Equipment Manufacturing
A major long-term growth driver is the company’s investment in transformer manufacturing.
Viviana is establishing a 220 kV class transformer manufacturing facility on a 14-acre site in Gujarat, with plans to expand capacity up to 400 kV in phases.
Key initiatives include:
- Manufacturing transformers up to 200 MVA
- Solar inverter-duty transformers
- Battery Energy Storage System (BESS) transformers
- In-house 400 kV testing facility
- High-voltage laboratory for faster certification
These investments aim to diversify revenue, improve margins, and move the company further up the value chain.
Growth Strategy Backed by India’s Power Infrastructure Boom
Management expects significant opportunities from India’s growing investment in electricity transmission infrastructure.
Industry highlights presented include:
- Expected ₹9.2 trillion transmission capex between FY25 and FY32.
- Rising peak electricity demand from 238 GW to 458 GW by 2032.
- Expansion of both inter-state and intra-state transmission networks.
The company believes these structural trends will continue to create strong demand for EPC projects, substations, transmission lines, and transformers.
Long-Term Financial Targets
Viviana has outlined ambitious growth targets over the next few years.
FY27 Guidance
- Revenue: ₹875–910 crore
- EBITDA Margin: 14%–16%
- PAT Margin: 8.5%–10%
FY30 Vision
- Revenue: ₹2,000–2,200 crore
- PAT Target: ₹200 crore
The company also targets an additional ₹100 crore PAT from its power equipment business by FY32, supported by ongoing capacity expansion.
Company Overview
Viviana Power Tech operates in the Power Transmission, Distribution, and Industrial Electrical EPC segment.
Its service portfolio includes:
- Power transmission lines up to 400 kV
- EHV substations
- Underground cable laying
- Distribution networks
- Power system modernization
- Transformer manufacturing
The company serves government utilities, private power companies, industries, and renewable energy developers across multiple Indian states.