Rs 1,000+ crore order book: PCBA company receives domestic order of Rs 34 crore!

Vinyas Innovative Technologies Limited, a prominent Electronics Manufacturing Services (EMS) provider, has secured a significant domestic purchase order valued at Rs 34 crore for the manufacture and supply of Printed Circuit Board Assemblies (PCBA). Executed in the ordinary course of business, this contract was awarded by a domestic entity and is slated for completion within a 6 to 12-month timeframe. This development highlights the company’s continuing momentum in the domestic electronics sector, reinforcing its operational pipeline through the delivery of high-precision assembly services.

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 1,200 crore and has an Order Book of over Rs 1,000 crore. On Monday, shares of Vinyas Innovative Technologies Ltd plunged 1.23 per cent to Rs 1,005 per share from its previous closing of Rs 1,017.50 per share. The shares of the company have an ROE of 14 per cent and an ROCE of 16 per cent. The stock is up by 75 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.