Viviana Power Tech Ltd
Incorporated in 2014, Viviana Power Tech Ltd is in the business of Erection and installation of Power Transmission and Maintenance of Power Stations[1]
- Market Cap ₹ 1,041 Cr.
- Current Price ₹ 1,645
- High / Low ₹ 1,860 / 598
- Stock P/E 57.5
- Book Value ₹ 97.9
- Dividend Yield 0.00 %
- ROCE 40.3 %
- ROE 39.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 69.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.6%
Cons
- Stock is trading at 16.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.12%
- Company has high debtors of 232 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 20 | 23 | 33 | 36 | 66 | 188 | 194 | |
| 18 | 20 | 28 | 31 | 54 | 162 | 166 | |
| Operating Profit | 2 | 2 | 5 | 5 | 12 | 26 | 28 |
| OPM % | 11% | 9% | 15% | 14% | 18% | 14% | 14% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 1 | 1 | 1 | 1 | 3 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 1 | 4 | 4 | 9 | 23 | 24 |
| Tax % | 21% | 25% | 26% | 25% | 26% | 26% | |
| 1 | 1 | 3 | 3 | 7 | 17 | 18 | |
| EPS in Rs | 52.61 | 43.04 | 121.74 | 5.04 | 10.97 | 27.10 | 28.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 79% |
| TTM: | 187% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 70% |
| 3 Years: | 85% |
| TTM: | 163% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 161% |
| 1 Year: | 114% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 35% |
| Last Year: | 40% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.23 | 0.23 | 0.23 | 6 | 6 | 6 |
| Reserves | 3 | 4 | 7 | 12 | 19 | 55 |
| 3 | 7 | 6 | 10 | 17 | 30 | |
| 4 | 8 | 8 | 6 | 11 | 95 | |
| Total Liabilities | 9 | 19 | 21 | 34 | 52 | 186 |
| 1 | 1 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 | 18 | 21 | 33 | 51 | 185 | |
| Total Assets | 9 | 19 | 21 | 34 | 52 | 186 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 4 | -3 | 1 | -11 | -3 | -3 | |
| -0 | -0 | 0 | -0 | -2 | -27 | |
| -4 | 4 | -2 | 11 | 5 | 31 | |
| Net Cash Flow | 0 | 1 | -1 | -1 | -0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 51 | 145 | 110 | 205 | 153 | 232 |
| Inventory Days | 63 | 64 | 106 | 44 | 14 | |
| Days Payable | 7 | 184 | 114 | 33 | 228 | |
| Cash Conversion Cycle | 107 | 25 | 110 | 197 | 163 | 18 |
| Working Capital Days | -7 | -9 | -18 | 122 | 60 | 10 |
| ROCE % | 24% | 39% | 25% | 34% | 40% |
Documents
Announcements
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General Updates
13 October 2025 - 51,500 preferential shares (Re.10) admitted to trading from Oct 14, 2025; lock-in until 31-May-2027.
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Disclosure of material issue
13 October 2025 - Signed Rs2,448 crore MoUs with Gujarat government at VGRC 13 Oct 2025; >2,000 jobs; Rs93 crore to subsidiary.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 October 2025 - RTA confirms no physical share certificates received for dematerialisation for quarter ended 30 September 2025.
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General Updates
3 October 2025 - L1 bidder for 66 kV Shivalakha–Vajepar 30.3 Rkm transmission line for GETCO under Kisan Suryoday Yojana.
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Shareholders meeting
1 October 2025 - All four AGM resolutions (29 Sep 2025) passed; financials approved; director reappointed; section 180 limits increased.
Annual reports
Concalls
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Sep 2025Transcript PPT
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Nov 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
Business Overview:[1]
Company is in the business of Power transmission, Distribution, and Industrial EPC space projects. It undertakes turnkey jobs for the Supply, Civil, Erection, Testing & Commissioning of all types of Electrical systems. VPTL deals with state government power utilities, private power entities, and Renewable energy developers. It bags project work from government utilities through the open bidding process and from private power entities and renewable energy developers by way of open bidding or preferential basis