BSE: 541735
Vivanta Industries Limited
Operates in the civil construction space per its industry classification, with FY26 consolidated revenue of Rs 250.09 crore and consolidated net profit of Rs 0.60 crore. Standalone revenue for the same year was Rs 4,352.50 Lacs and consolidated revenue was Rs 25,008.61 Lacs, with the company also reporting standalone PAT of Rs 41.48 Lacs versus a loss in FY25. Materials make up 82.1% of revenue per the cost shape, with employee costs at 0.2% and other operating expenses at 1.1%, making the cost base heavily weighted to inputs. In May 2026 the Board approved diversification into Electric Vehicle (EV) Charging Infrastructure and allied energy solutions. In July 2026 the Board noted a business collaboration with Qness Pharmaceuticals covering manufacture, supply, branding and marketing of pharma products. A 12,242 square-metre land parcel at Survey No. 173/1, Village Kalana, Gujarat, was approved for sale to Shreenath Enterprise for Rs 1.05 crore, with the company stating no business operations were ever carried out on it. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Civil construction, EV charging infrastructure, Pharma products. Materials-heavy operating model with a civil-construction core and new forays into EV charging and pharma
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 25 | 37 | 110 | 250 |
| EBITDA (ex other income) | (0) | 2 | 1 | (1) | (2) |
| margin % | (21.8) | 7.8 | 3.9 | (1.3) | (0.8) |
| Owners' profit | 0 | 1 | 0 | 0 | 1 |
| EPS, as reported (₹) | 0.15 | 1.30 | 0.07 | 0.11 | 0.00 |
| ROE % · ROCE % | 1.0 · 0.8 | 8.1 · 7.9 | 5.6 · 3.8 | (7.8) · (2.9) | 3.4 · 2.4 |
| Debt / equity (x) | 0.39 | 0.27 | 0.96 | 1.28 | 1.00 |
| Cash from operations | 0 | 2 | (9) | (6) | 15 |
| Capex | (0) | 0 | (1) | 0 | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 3 | 102 | 76 | 69 | 67 | 38 | 80 |
| Profit before tax | 0 | 0 | (2) | 1 | (0) | 1 | (1) | 1 |
| Net profit | 0 | 0 | (2) | 1 | (0) | 1 | (1) | 1 |
| EPS (₹) | 0.00 | 0.00 | 0.13 | 0.04 | (0.03) | 0.10 | 0.00 | 0.08 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LARSEN & TOUBRO LTD. | 5,06,386 | 30.5 | 3.94 | 18.5 | 14.7 | 11.9 | 16.0 | 12.5 |
| RAIL VIKAS NIGAM LIMITED | 39,703 | 44.2 | 4.04 | 28.5 | 8.9 | 7.5 | 5.8 | 7.5 |
| KALPATARU PROJECT INT LTD | 23,521 | 20.7 | 3.04 | 10.6 | 13.3 | 15.0 | 16.0 | 10.0 |
| IRB INFRA DEV LTD. | 21,064 | 16.1 | 1.01 | 9.8 | 4.1 | 2.5 | 7.6 | 55.6 |
| NBCC (INDIA) LIMITED | 20,096 | 27.2 | 6.25 | 16.5 | 23.1 | 29.7 | 13.5 | 9.6 |
| CEMINDIA PROJECTS LIMITED | 19,365 | 32.2 | 8.07 | 16.5 | 24.9 | 31.7 | 29.8 | 10.5 |
| ENGINEERS INDIA LTD | 16,282 | 20.8 | 5.18 | 18.2 | 22.0 | 26.5 | 4.6 | 20.1 |
| TECHNO ELEC & ENG CO. LTD | 11,089 | 25.7 | 2.67 | 18.2 | 11.4 | 12.4 | 29.6 | 20.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.3 | 14.6 | 35 of 101 | 66% |
| P/B | 1.1 | 1.4 | 38 of 85 | 56% |
| ROCE | 2.2 | 10.0 | 83 of 107 | 23% |
| ROE | 3.4 | 9.1 | 61 of 87 | 30% |
| Debt / Equity | 1.0 | 0.4 | 77 of 87 | 12% |
| EBITDA margin | 1.3 | 12.4 | 81 of 88 | 8% |
| Revenue growth | 5.7 | 6.2 | 44 of 86 | 49% |
| Profit growth | 82.9 | 2.7 | 16 of 84 | 82% |
| Market cap | 20 | 468 | 103 of 107 | 4% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Oct 2026 · No fund raised, deviation report not applicable | compliance | minimal | — | — |
| 6 Oct 2026 · Routine RTA compliance certificate filed for Q2 FY2026 | compliance | minimal | — | — |
| 5 Oct 2026 · Vivanta Industries 13th AGM: All 8 resolutions passed with requisite majority | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Company Secretary Devang Shah resigns effective 1 Oct 2026 | management changes | medium | — | — |
| 30 Sept 2026 · 13th AGM proceedings - 8 resolutions including financials, RPTs, and borrowing authority | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Adoption of new MOA and AOA at AGM on 30 September 2026 | general | low | — | — |
| 30 Sept 2026 · 13th AGM of Vivanta Industries held on 30 Sept 2026 | board shareholder meetings | low | — | — |
| 30 Sept 2026 · AGM outcome: FY26 accounts adopted, borrowing powers revised, new MOA/AOA approved | management changes | medium | — | — |
| 25 Sept 2026 · Trading window closed for Q2 FY26 results | compliance | minimal | — | — |
| 16 Sept 2026 · Vivanta Industries fixes Book Closure 24-30 Sep 2026 for AGM | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.