| Revenue growth | 36.3% YoY in FY26 |
|---|---|
| Margins | EBITDA margins at 14% for FY26; solar targets 85-88% |
| Order book | ₹6,400+ Cr; Solar 63%, Power T&D 26% |
| Demand visibility | Robust order book of ₹6,400+ Cr as of July 2026 |
| Management confidence | Strong due to annuity-based revenue transition |
Growth
FY26 revenue grew 36.3% YoY to ₹1,249 Cr. PAT increased 17.9% to ₹92 Cr.
Outlook
Targeting ₹525+ Cr annual revenue from NOPL solar portfolio with 85-88% EBITDA margins; exploring Middle East expansion.
Risks
Dependence on cyclical EPC order inflows; land and transmission risks in solar projects.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ₹1,249 Cr → delivered ₹1,249 Cr (= BEAT)
- Guided FY26 EBITDA ~14% → delivered 14% (= BEAT)
- Guided FY26 PAT ~₹92 Cr → delivered ₹92 Cr (= BEAT)
Partly delivered
- Guided 222/1,200 professionals at HQ → 222 at HQ (= PARTIAL)
Earnings Call filed with BSE, NSE: VIKRAN. Summary written with AI assistance from the document.
Vikran Engineering Ltd: key numbers
- Share price
- ₹59.18
- Market cap
- ₹1,526 Cr
- Revenue (annual)
- ₹1,249 Cr
- Net profit (annual)
- ₹91.70 Cr
- P/E (TTM)
- 16.9×Sector 53.6×
- Promoter holding
- 56.27%+0.00% QoQ
- FII holding
- 1.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vikran Engineering Ltd
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