Vikran Engineering Ltd
₹ 96.0
0.31%
05 Dec
11:12 a.m.
About
Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.[1]
Key Points
- Market Cap ₹ 2,476 Cr.
- Current Price ₹ 96.0
- High / Low ₹ 118 / 91.7
- Stock P/E 29.1
- Book Value ₹ 45.0
- Dividend Yield 0.00 %
- ROCE 27.2 %
- ROE 20.5 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.6%
Cons
- Company has high debtors of 253 days.
- Working capital days have increased from 96.5 days to 149 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 441 | 336 | 476 | 524 | 786 | 916 | |
| 374 | 300 | 442 | 444 | 652 | 754 | |
| Operating Profit | 68 | 36 | 34 | 80 | 134 | 162 |
| OPM % | 15% | 11% | 7% | 15% | 17% | 18% |
| -12 | 2 | 2 | 6 | 5 | 7 | |
| Interest | 16 | 15 | 19 | 29 | 35 | 55 |
| Depreciation | 1 | 1 | 2 | 4 | 4 | 3 |
| Profit before tax | 39 | 23 | 14 | 54 | 101 | 110 |
| Tax % | 34% | 28% | 28% | 21% | 26% | 29% |
| 26 | 17 | 10 | 43 | 75 | 78 | |
| EPS in Rs | 886.36 | 569.90 | 355.72 | 1,475.21 | 2,253.92 | 4.24 |
| Dividend Payout % | 0% | 5% | 10% | 9% | 5% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 24% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 95% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 28% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.29 | 0.29 | 0.29 | 0.29 | 0.33 | 18 | 26 |
| Reserves | 67 | 83 | 93 | 131 | 291 | 450 | 1,135 |
| 66 | 98 | 92 | 157 | 184 | 274 | 318 | |
| 154 | 192 | 314 | 425 | 484 | 612 | 491 | |
| Total Liabilities | 286 | 373 | 499 | 712 | 960 | 1,355 | 1,970 |
| 8 | 9 | 14 | 14 | 12 | 13 | 12 | |
| CWIP | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 7 | 12 | 1 | 1 | 1 | 1 |
| 278 | 355 | 474 | 698 | 947 | 1,341 | 1,956 | |
| Total Assets | 286 | 373 | 499 | 712 | 960 | 1,355 | 1,970 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 20 | -12 | 23 | 6 | -66 | -129 | |
| 2 | -7 | -8 | -14 | -16 | -9 | |
| -23 | 20 | -22 | 9 | 82 | 141 | |
| Net Cash Flow | -2 | 1 | -7 | -0 | -0 | 2 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 137 | 268 | 283 | 258 | 215 | 253 |
| Inventory Days | 55 | 58 | 38 | 49 | 48 | 45 |
| Days Payable | 104 | 193 | 228 | 402 | 282 | 360 |
| Cash Conversion Cycle | 89 | 134 | 94 | -95 | -18 | -62 |
| Working Capital Days | 33 | 68 | 68 | 52 | 89 | 149 |
| ROCE % | 24% | 18% | 34% | 36% | 27% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
28 Nov - The management of the Company will meet with Analysts/Investors on Wednesday, 03rd December 2025 in Emerging Ideas Conference 2025 - Hosted by Nuvama Professional Clients …
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Disclosure Of Information Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
25 Nov - GST demand Rs1.22 Cr (tax 0.65, interest 0.51, penalty 0.06) for FY2021-22; company to appeal.
-
Disclosure under Regulation 30A of LODR
19 Nov - GST demand order dated 18 Nov 2025: ~Rs10.72Cr tax shortfall and Rs3.20Cr penalty/interest; company to appeal.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Nov - Transcript of the Q2 FY 25-26 Earnings Conference Call
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Care Ratings MA report for quarter ended 30 Sep 2025: Rs.205.77cr used, Rs.515.23cr unutilised (FDs), no deviation.
Concalls
-
Nov 2025Transcript PPT REC
Business Profile[1]
The company provides comprehensive end-to-end services from conceptualization, design, supply, installation, testing, and commissioning on a turnkey basis across multiple infrastructure sectors, including power transmission and distribution, water infrastructure, and railway projects.