| Revenue growth | 28.2% Standalone YoY |
|---|---|
| Margins | Broadly stable; Standalone EBITDA margin at 13.7% |
| Order book | ₹6,354 Cr (June 2026), 63% Solar, 26% Power T&D |
| Demand visibility | Strong, backed by ~₹6,496 Cr order book |
| Management confidence | High, citing strong execution momentum and structural growth |
Growth
Standalone revenue grew 28.2% YoY to ₹204 Cr; PAT surged 209.9% to ₹17.5 Cr.
Outlook
Order book stands at ~₹6,496 Cr as of August 2026. Evaluating BESS and Data Centre opportunities.
Risks
Consolidated Q1 performance showed revenue decline of 11% and PAT drop of 29.4% YoY.
Last quarter's promises, checked
Delivered
- Guided FY27 Revenue ₹2,200 Cr+ → On track with Q1 growth of 28.2% (= BEAT)
- Guided sustainable EBITDA 14-15% → Standalone Q1 at 13.7% (= BEAT)
- Targeted Data Centre entry → Hired E&Y and targeting ₹100 Cr order book (= BEAT)
Partly delivered
- JJM Receivable recovery → ₹17-18 Cr received post-FY26 vs ₹400 Cr exposure (= PARTIAL)
Missed
- Consolidated Q1 Revenue growth → Delivered 11% decline YoY (= MISS)
- Consolidated Q1 PAT growth → Delivered 29.4% decline YoY (= MISS)
Investor Presentation filed with NSE, 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
All →Vikran Engineering Legal & Regulatory
Vikran Engineering Limited received a GST show cause notice with a total demand of Rs. 1.55 Crore. The notice includes tax, interest, and penalties for alleged excess ITC claims.
- Value
- ₹1.55 Cr
Vikran Engineering Bags ₹153.8 Cr Order from Power Grid Corporation of India Limited
Vikran Engineering secured a ₹153.76 Crore order from POWERGRID for the 400 kV AIS Extension Substation Package SS-136T. The project execution period is 21 months.
- Value
- ₹153.8 Cr
- From
- Power Grid Corporation of India Limited (POWERGRID)
- Execution
- 21 months
- renewable energy integration
- 2.7 GW
Vikran Engineering Legal & Regulatory
Vikran Engineering received a GST show cause notice with a total demand of ₹5.88 Crore including penalty. The company does not anticipate any material financial impact.
- Value
- ₹5.88 Cr
Vikran Engineering Legal & Regulatory
Vikran Engineering Limited won an Income Tax Appellate Tribunal appeal for AY 2016-17, resulting in the extinction of a ₹3.97 Crore contingent tax liability.
- Value
- ₹3.97 Cr
Vikran Engineering Annual General Meeting
Vikran Engineering Ltd shareholders approved alterations to the Objects Clause of the Memorandum of Association and the Articles of Association at the 18th Annual General Meeting.
Vikran Engineering Legal & Regulatory
Vikran Engineering received a GST show cause notice for Rs. 1.88 Crore (tax and penalty). The company anticipates no material financial or operational impact.
- Value
- ₹1.88 Cr