| Management target | Revenue FY27 |
|---|
| Revenue growth | 28.2% standalone growth YoY. |
|---|---|
| Margins | EBITDA margins stable at 13.7% standalone; consolidation impact temporary. |
| Order book | Approximately ₹6,496 Cr; 62% Solar EPC, 28% T&D. |
| Demand visibility | Strong visibility from ADB-funded projects and Power Grid. |
| Management confidence | High confidence in NOPL execution and debt servicing. |
Growth
Standalone revenue grew 28.2% YoY to ₹204 Cr; PAT surged 209.9% to ₹17.5 Cr with 8.6% margins.
Outlook
Targeting FY27 revenue of ₹2,200-2,500 Cr; scaling 969MW solar portfolio; exploring data center infrastructure opportunities.
Risks
Seasonal budgetary constraints at clients; delayed receivables in Jal Jeevan projects; pending legal dispute of ₹29 Cr.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ~INR 1,249 Cr → delivered INR 1,249 Cr (= BEAT)
- Guided FY26 EBITDA Margin ~14% → delivered 14% (= BEAT)
- Guided FY26 PAT ~INR 92 Cr → delivered INR 92 Cr (= BEAT)
Partly delivered
- Guided FY27 Revenue INR 2,200-2,300 Cr+ → current Q1 run-rate suggests PARTIAL (requires significant ramp-up)
Investor Presentation 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