Order Win
Vivid Electromech Secures ₹20.24 Crore Work Order from Univastu India Limited
NSE
VIVIDEL
BSE
not listed
Vivid Electromech Limited has received a ₹20.24 crore domestic work order from Univastu India Limited for the design, manufacture, supply, installation, integration, testing, and commissioning of electrical power supply, traction systems, lifts, escalators, MV switchgear, panels, and distribution boards. The project is scheduled for completion within 2 months.
PRICE-SENSITIVE TRIGGER
Event: Receipt of a domestic work order.
Type: Order Win
Impact: Positive
Immediate Effect: The order strengthens the company’s order book and provides near-term revenue visibility from execution over the next two months.
Key Metrics:
- Order Value: ₹20.24 crore (excluding GST)
- Customer: Univastu India Limited
- Project Type: Electrical & Electromechanical Systems
- Execution Period: Within 2 months
- Entity Type: Domestic
Highlight:
- The order adds ₹20.24 crore to Vivid Electromech’s order book and is expected to be executed over a short timeline, supporting revenue recognition in the near term.
What Happened ?
Vivid Electromech Limited informed the stock exchange that it has received a work order dated 23 June 2026 from Univastu India Limited.
The contract covers the design, manufacture, supply, installation, integration, testing, and commissioning of power supply and traction systems, electrical and mechanical works, lifts & escalators, along with MV switchgear, electrical panels and distribution boards.
Key Details
Scope of Work:
The project includes:
- Design and engineering.
- Manufacturing and supply.
- Installation and integration.
- Testing and commissioning.
- Power supply and traction systems.
- Electrical & mechanical works.
- Lifts and escalators.
- Complete MV switchgear.
- ABB make switchgear.
- Electrical panels and distribution boards.
Order Value:
- Contract value: ₹20.24 crore (excluding GST).
Customer:
- Awarding Entity: Univastu India Limited.
- Nature: Domestic client.
Execution TImeline:
- Project completion is scheduled within 2 months.
Related Party Status:
- The promoter/promoter group has no interest in the awarding entity.
- The transaction is not a related-party transaction.
Risk Analysis
Summary:
- While the order is positive for revenue visibility, execution quality and timely completion remain key factors.
Key Risks:
- Tight execution timeline of two months.
- Delays in procurement or installation.
- Project execution and commissioning risks.
- Working capital requirements during execution.
Worst Case:
- Execution delays or cost overruns could affect project margins and postpone revenue recognition.
Risk Level: Low
Company Commentary
The company stated that it has received a domestic work order from Univastu India Limited valued at ₹20.24 crore (excluding GST) for the design, manufacture, supply, installation, integration, testing and commissioning of electrical systems, including power supply, traction, lifts, escalators, MV switchgear, panels and distribution boards. The project is expected to be completed within two months.
Official Exchange Filing: Vivid Electromech Limited
