Vivid Electromech Ltd
Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer of Low-Voltage and Medium-Voltage electrical panels and automation systems.[1]
- Market Cap ₹ 1,418 Cr.
- Current Price ₹ 1,595
- High / Low ₹ 1,679 / 556
- Stock P/E 44.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 58.6 %
- ROE 54.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 131% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.8%
Cons
- Company might be capitalizing the interest cost
- Company has high debtors of 212 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 32 | 59 | 59 | 89 | 155 | 200 | |
| 31 | 57 | 57 | 81 | 127 | 155 | |
| Operating Profit | 1 | 1 | 2 | 8 | 29 | 45 |
| OPM % | 3.2% | 2.5% | 3.4% | 9% | 18% | 23% |
| 0 | 0 | 0 | -0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 0 | 6 | 27 | 44 |
| Tax % | -2% | 28% | 72% | 27% | 25% | 28% |
| 0 | 0 | 0 | 4 | 20 | 32 | |
| EPS in Rs | 20.56 | 16.70 | 6.00 | 122.22 | 577.96 | 45.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 50% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 509% |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 50% |
| Last Year: | 55% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 4 | 4 | 7 |
| Reserves | 2 | 2 | 25 | 18 | 38 | 66 |
| 3 | 8 | 6 | 5 | 4 | 33 | |
| 18 | 27 | 28 | 36 | 69 | 88 | |
| Total Liabilities | 24 | 39 | 62 | 62 | 115 | 195 |
| 6 | 7 | 33 | 23 | 23 | 44 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 | 32 | 29 | 39 | 92 | 137 | |
| Total Assets | 24 | 39 | 62 | 62 | 115 | 195 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | 3 | 5 | 3 | 7 | ||
| -0 | -1 | -3 | -2 | -2 | ||
| -2 | -2 | -2 | -2 | -1 | ||
| Net Cash Flow | -0 | 0 | 0 | -1 | 4 | |
| Free Cash Flow | 2 | 2 | 1 | 3 | 5 | |
| CFO/OP | 155% | 207% | 256% | 59% | 48% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 122 | 156 | 98 | 108 | 142 | 212 |
| Inventory Days | 73 | 26 | 64 | 35 | 65 | 19 |
| Days Payable | 245 | 188 | 191 | 162 | 198 | 191 |
| Cash Conversion Cycle | -51 | -6 | -29 | -19 | 9 | 41 |
| Working Capital Days | -29 | -20 | -38 | -21 | 23 | 45 |
| ROCE % | 12% | 7% | 24% | 77% | 59% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Vivid Electromech to attend Alpha Ideas Stars 2026 investor meeting on 6 September 2026 in Mumbai.
-
Shareholders meeting
- Vivid Electromech filed 36th AGM voting results and scrutinizer’s report.
-
Shareholders meeting
- 36th AGM held; FY26 revenue ₹200 crore, PAT ₹31.6 crore; proposed ₹9 crore IPO fund reallocation.
-
Bagging/Receiving of orders/contracts
- Vivid Electromech received LOA and orders worth about Rs. 52.81 crore from three domestic clients.
-
Monitoring Agency Report
- Filed auditor certificate and monitoring report for June 30, 2026 IPO proceeds; no deviation found.
Business Profile[1]
Co. is an ISO 9001:2015 certified manufacturer specialising in Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation systems. It Operates as both a panel manufacturer and system integrator, it delivers end-to-end solutions spanning engineering and design, fabrication and assembly, and testing and commissioning.