Financial Performance Highlights (Standalone)

H1 FY27 Performance (YoY Comparison):

  • Revenue from Operations: ₹18,907.08 lakhs vs ₹6,933.20 lakhs in H1 FY26, growth of 172.70%
  • EBITDA: ₹2,774.64 lakhs vs ₹1,166.39 lakhs in H1 FY26, growth of 137.88%
  • EBITDA Margin: 14.68% vs 16.82% in H1 FY26, contraction of 152 basis points
  • PAT: ₹1,861.25 lakhs vs ₹691.91 lakhs in H1 FY26, growth of 169.00%
  • PAT Margin: 9.84% vs 9.98% in H1 FY26, expansion of 14 basis points

Q2 FY27 Performance (YoY Comparison):

  • Revenue from Operations: ₹11,720.81 lakhs vs ₹4,855.07 lakhs in Q2 FY26, growth of 141.41%
  • EBITDA: ₹1,770.21 lakhs vs ₹818.21 lakhs in Q2 FY26, growth of 116.35%
  • EBITDA Margin: 15.10% vs 16.85% in Q2 FY26, contraction of 175 basis points
  • PAT: ₹1,167.91 lakhs vs ₹482.69 lakhs in Q2 FY26, growth of 141.96%
  • PAT Margin: 9.96% vs 9.94% in Q2 FY26, expansion of 2 basis points

Business Update

Order Book Position: The company maintains a strong order book of ₹1,800+ crore as of November 2, 2026, providing substantial revenue visibility for upcoming periods.

Receivables Management: Current trade receivables have been significantly reduced to ₹15,643.17 lakhs from ₹33,686.44 lakhs as of March 31, 2026, indicating improved working capital efficiency.

Strategic Disinvestments:

  • Proposed disinvestment of the Company's entire 90% shareholding in Viviana Life Spaces Private Limited
  • Proposed disinvestment of the Company's entire 75% shareholding in Aarsh Transformers Private Limited

Management Perspective & Outlook

Mr. Nikesh Choksi, Chairman & Managing Director, provided the following commentary:

The company is pleased with strong H1 FY27 financial performance supported by healthy business momentum and improved execution across power infrastructure and EPC operations. While delivering robust revenue and profitability growth, the focus remains equally strong on strengthening the quality of earnings and improving the overall financial position.

Key Focus Areas:

  • Improving working capital efficiency through better receivables management and reduction in debtor days
  • Strengthening collection processes and project-level monitoring to accelerate cash conversion and improve liquidity
  • Rationalisation of financial costs through efficient working capital management, prudent utilisation of borrowings, and optimisation of funding requirements
  • Ensuring growth translates into sustainable profitability and healthy cash flows rather than merely pursuing scale

Outlook: With a strong execution track record, focus on operational efficiencies, and growing opportunities in the power infrastructure sector, the company remains committed to building a financially stronger and sustainably growing organisation.

Company Background

Viviana Power Tech Ltd. is an EPC company engaged in power transmission, distribution, and industrial electrical projects across India. The company provides comprehensive solutions including supply, erection, testing, and commissioning of transmission lines, development of EHV substations, underground cabling, and modernization of existing power systems. The company has successfully executed projects of 400/220/132/66/33 KV levels for government utilities, private entities, and renewable energy developers.