What we do Vinyas Innovative Technologies Ltd provides design, engineering, and electronics manufacturing services, specializing in printed circuit board assembly for global OEMs and ODMs. |
Founded in 2,001 |
Market share A leading integrated electronic manufacturing services provider with a 20-year track record, preferred by foreign OEMs for defense projects. |
Problem solved Delivers mission-critical electronics manufacturing solutions for sectors including aerospace, defense, medical, improving reliability in complex systems. |
Top clients or who we serve Global OEMs and ODMs in electronics industry, including defense and medical sectors; primarily B2B. |
Key management Narendra Narayanan (Managing Director), Sumukh Narendra (Whole Time Director), T R Srinivasan (Whole Time Director) |
Our journey and innovations Incorporated in 2001, converted to public company in 2023, launched wiring harness integration in Mysore and advanced assembly technologies by 2025. |
Where we operate Primarily operates in India with global clientele across multiple industry segments. |
Top products or what we offer Printed Circuit Board Assembly (PCBA), build-to-print and build-to-specification electronics manufacturing services, including box builds for safety-critical systems. |
Top brands - |
Raw materials needed Electronic components and raw materials for PCB assembly and electronic manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue predominantly cyclical based on order inflows and project executions with some recurring client partnerships. |
Our industry position Established player in electronic manufacturing services with growing revenue and expanding defense sector presence. |
Financial highlights FY 2024-25 revenue ₹396.64 crore (+25%), net profit ₹19.42 crore; EBITDA ₹40.84 crore; growth driven by order execution. |
Geographical revenue split - |
Order book - |
Whats driving growth Increasing order inflows, expansion in wiring harness and integration capabilities, and execution of defense sector projects. |
Our future plans Expanding manufacturing capabilities in Mysore, integrating advanced assembly technologies to serve precision electronics markets. |
Our green promise Committed to energy conservation and sustainability initiatives including transitioning to solar lighting and automation for power savings. |
Our people and values Employs over 400 people, promotes inclusive workplace with gender diversity and robust corporate governance. |
Key challenges ahead Managing supply chain for raw materials, maintaining profitability amidst cost increases, and scaling advanced manufacturing. |
Interesting facts First public offering in 2023 raised ₹54.67 crore; recognized as a preferred Indian OEM partner for defense manufacturing. |
Risks and strategy Focus on diversifying client base, mitigating supply risks, enhancing technology adoption, and strong governance to sustain growth. |
