Pasal Wealth
Viviana Power Tech Ltd
Just migrated from NSE SME to the Mainboard in June 2026 — with FY26 revenue up +166% and profit up +195% YoY. Most retail investors still associate it with its earlier micro-cap identity.
Company Description
Viviana Power Tech undertakes power transmission and distribution EPC contracts — supply, civil, erection, testing and commissioning of electrical systems including ±500 kV HVDC lines and substations across 400/220/132/66/33 kV voltage classes.
The company migrated from the NSE SME platform to the NSE Mainboard in June 2026 — a transition fresh enough that most screeners and retail databases still file it under its earlier SME identity. A new greenfield manufacturing plant near Vadodara targeting 400 kV transformer production by FY28 is underway, backed by a ₹100 Cr capex commitment.
We reached out to Viviana Power Tech management with four plain questions. When they respond, answers will appear here in full, unedited, clearly labelled as management's own words.
Company Numbers
Source: Public exchange filings and company financial data, as reported. Verify against latest filings before relying on any figure here.
Worth watching: Debtor days at ~245 are elevated alongside the newly announced ₹100 Cr greenfield capex. Worth tracking whether cash collection from existing contracts keeps pace with the new manufacturing build-out.
Company Performance
Source: Public company filings, as reported. These are reported figures, not Pasal Wealth's projections.
Why almost nobody's looked at this yet
- 01NSE SME → Mainboard migration is very recent. Migrated June 2026. Most platforms haven't re-categorised it yet from its SME identity.
- 02166%/195% growth looks like a data error at first glance. Jumps this steep often get ignored by screeners that flag outliers rather than investigate them.
- 03Greenfield capex hasn't been widely discussed. The ₹100 Cr transformer plant near Vadodara appears only in routine exchange announcements — no analytical coverage yet.