Rs 1,100+ crore order book: Defence company to expand manufacturing capacity with new SMT lines and quality upgrades

Vinyas Innovative Technologies Limited, an Electronics Manufacturing Services (EMS) provider, plans to raise capital through a preferential allotment of 1,364,000 warrants. This decision follows shareholder approval received at an Extraordinary General Meeting. The company intends to strategically utilise these funds for capital expenditure (capex) aimed at significantly expanding its manufacturing capabilities.

The planned capex primarily focuses on several key areas. This includes the installation of additional Surface Mount Technology (SMT) lines and assembly units to boost throughput, reduce lead times, and enhance automation. The company will also augment its testing and quality control infrastructure with advanced Automated Optical Inspection (AOI) systems, X-ray inspection tools, and Environmental Stress Screening (ESS) chambers, crucial for meeting stringent quality requirements for defence and aerospace products. Furthermore, upgradation of plant infrastructure, encompassing civil, electrical, and HVAC enhancements, will accommodate new machinery and ensure ESD-safe and controlled environments. These investments are expected to directly increase manufacturing capacity, improve operational efficiency, and enable Vinyas Innovative Technologies Limited to handle higher product volumes and multiple projects concurrently, supporting its strategic growth in both domestic and international high-reliability electronics markets.

Earlier, the company secured new orders totalling Rs 55.64 crore for the manufacture and supply of Printed Circuit Board Assemblies (PCBAs), with an execution period of 24 months. These orders include Rs 39.90 crore from an international customer and Rs 15.74 crore from a domestic entity, Alpha Elsec Defense & Aerospace Systems Pvt Ltd. Both contracts are considered part of the company's ordinary course of business.

About the Company

Vinyas Innovative Technologies Limited is a key provider of design, engineering, and electronics manufacturing services to global OEM and ODM manufacturers. With over twenty years of experience, Vinyas has established itself as a trusted partner in high-reliability electronics manufacturing, serving critical sectors such as Defence, Aerospace, Medical, Industrial, and Transportation. The company's expertise includes system-level manufacturing, subsystem integration, and comprehensive lifecycle support for mission-critical platforms, with a strong emphasis on Defence and Aerospace programs. Vinyas is characterised by its engineering-driven approach, committed to meeting the rigorous quality and traceability standards demanded by its global OEM and Tier-1 partners.

The company has a market cap of over Rs 1,600 crore and has an order book of as of July 07, 2025 is over Rs 1,100 crore. On Tuesday, shares of Vinyas Innovative Technologies Ltd gained 1.9 per cent to Rs 1,299.90 per share from its previous closing of Rs 1,275.90 per share. The shares of the company have an ROE of 14 per cent and an ROCE of 16 per cent. The stock has given multibagger returns of 126 per cent from its 52-week low of Rs 575.80 per share.

Disclaimer: The article is for informational purposes only and not investment advice.