| Revenue growth | 36.4% YoY for FY26; 82.2% YoY for Q4. |
|---|---|
| Margins | EBITDA margin at 14% in FY26 vs 17.5% in FY25. |
| Order book | ₹5,737 Cr as of May 2026; 49% Solar, 39% Power T&D. |
| Demand visibility | Strong, backed by ₹5,737 Cr order book (4.6x FY26 revenue). |
| Management confidence | High, citing strong bidding pipeline and energy transition tailwinds. |
Growth
Q4 FY26 revenue surged 82.2% YoY; full-year EBITDA grew 9.3% to ₹175.1 Cr, though margins contracted from 17.5% to 14%.
Outlook
Order book stands at ₹5,737 Cr. Management targeting expansion into Data Centers and Middle East EPC markets.
Risks
High dependence on Power T&D (88% of order book); increased project-related expenses and execution risks in solar.
Earnings Call filed with BSE, NSE: VIKRAN. Summary written with AI assistance from the document.
Vikran Engineering Ltd: key numbers
- Share price
- ₹54.60
- Market cap
- ₹1,408 Cr
- Revenue (annual)
- ₹1,249 Cr
- Net profit (annual)
- ₹91.70 Cr
- P/E (TTM)
- 16.8×Sector 51.9×
- Promoter holding
- 56.27%+0.00% QoQ
- FII holding
- 0.80%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vikran Engineering Ltd
All →Vikran Engineering Credit Rating
India Ratings revised Vikran Engineering's outlook to Negative and assigned IND BBB+ to proposed NCDs. The revision reflects equity infusion needs and high working capital utilisation.
Vikran Engineering Legal & Regulatory
Vikran Engineering received a SEBI administrative warning for non-disclosure of a dispute under Regulation 30. No monetary penalty was imposed; the company is examining the observations.
Vikran Engineering Earnings Call Transcript: Key Takeaways
Standalone revenue grew 25% in Q2, but EBITDA margin fell to 9.1% from 14.4% and consolidated PAT fell about 70%. Management blames unrecovered price escalation and delayed NOPL funding.
Vikran Engineering Investor Presentation: Key Takeaways
H1 FY27 standalone revenue ₹424.1 Cr (+26.5%), PAT ₹25.4 Cr (+71.6%), EBITDA margin 11.4%. Consolidated PAT fell to ₹6.7 Cr on NOPL intra-group elimination; pivot to solar IPP.
Vikran Engineering Results Update
Vikran Engineering reported H1 FY27 revenue up 26.5% to ₹424.1 Cr and PAT of ₹25.4 Cr. Q2 EBITDA fell 20.8% year-on-year as margins narrowed.
Vikran Engineering Q2 FY27 Results: Net Profit ₹2.8 Cr, Down 69.2% YoY
Vikran Engineering Ltd reported revenue from operations of ₹211.8 Cr (+20.1% YoY) and net profit of ₹2.8 Cr (-69.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2.8 Cr · -69.2% YoY