Vikran Engineering Ltd
Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.[1]
- Market Cap ₹ 1,547 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 118 / 51.1
- Stock P/E 14.8
- Book Value ₹ 48.0
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 10.8 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 41.0% CAGR over last 5 years
Cons
- Company has high debtors of 296 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 169 days to 282 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.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE Industrials BSE IPO Nifty IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 441 | 336 | 476 | 524 | 786 | 916 | 1,249 | 1,294 | |
| 374 | 300 | 442 | 444 | 652 | 754 | 1,071 | 1,114 | |
| Operating Profit | 68 | 36 | 34 | 80 | 134 | 162 | 179 | 180 |
| OPM % | 15% | 11% | 7% | 15% | 17% | 18% | 14% | 14% |
| -12 | 2 | 2 | 6 | 5 | 7 | 16 | 26 | |
| Interest | 16 | 15 | 19 | 29 | 35 | 55 | 70 | 66 |
| Depreciation | 1 | 1 | 2 | 4 | 4 | 3 | 3 | 4 |
| Profit before tax | 39 | 23 | 14 | 54 | 101 | 110 | 121 | 137 |
| Tax % | 34% | 28% | 28% | 21% | 26% | 29% | 24% | |
| 26 | 17 | 10 | 43 | 75 | 78 | 92 | 104 | |
| EPS in Rs | 886.36 | 569.90 | 355.72 | 1,475.21 | 2,253.92 | 4.24 | 3.56 | 4.01 |
| Dividend Payout % | 0% | 5% | 10% | 9% | 5% | 5% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 34% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 30% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 17% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.29 | 0.29 | 0.29 | 0.29 | 0.33 | 18 | 26 |
| Reserves | 67 | 83 | 93 | 131 | 291 | 450 | 1,212 |
| 66 | 98 | 92 | 157 | 184 | 274 | 301 | |
| 154 | 192 | 314 | 425 | 484 | 612 | 965 | |
| Total Liabilities | 286 | 373 | 499 | 712 | 960 | 1,355 | 2,504 |
| 8 | 9 | 14 | 14 | 12 | 13 | 21 | |
| CWIP | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 7 | 12 | 1 | 1 | 1 | 1 |
| 278 | 355 | 474 | 698 | 947 | 1,341 | 2,481 | |
| Total Assets | 286 | 373 | 499 | 712 | 960 | 1,355 | 2,504 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 20 | -12 | 23 | 6 | -66 | -129 | -437 | |
| 2 | -7 | -8 | -14 | -16 | -9 | -156 | |
| -23 | 20 | -22 | 9 | 82 | 141 | 624 | |
| Net Cash Flow | -2 | 1 | -7 | -0 | -0 | 2 | 31 |
| Free Cash Flow | 18 | -15 | 18 | 5 | -69 | -132 | -440 |
| CFO/OP | 55% | -22% | 92% | 15% | -35% | -66% | -219% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 137 | 268 | 283 | 258 | 215 | 241 | 296 |
| Inventory Days | 55 | 58 | 38 | 49 | 48 | 45 | 60 |
| Days Payable | 104 | 193 | 228 | 402 | 282 | 360 | 596 |
| Cash Conversion Cycle | 89 | 134 | 94 | -95 | -18 | -74 | -240 |
| Working Capital Days | 33 | 68 | 68 | 52 | 89 | 137 | 282 |
| ROCE % | 24% | 18% | 34% | 36% | 27% | 17% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Power T&D Order Book INR Cr |
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| Railway Order Book INR Cr |
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| Total Order Book INR Cr |
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| Water Infrastructure Order Book INR Cr |
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| Completed Projects count |
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| Number of Ongoing Projects count |
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| Smart Metering Connections connections |
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| Solar Order Book INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Disclosure Of Information Under Regulation 30 Of The SEBI(LODR) Regulations, 2015
- GST DRC-01 order dated 22 Aug 2026; ₹4,01,400 penalty paid, appeal underway.
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Intimation Of Record Date For Payment Of Final Dividend For The Financial Year Ended 31St March 2026
- Record date fixed at 28 Aug 2026 for 18% final dividend; payout on or after 14 Sep 2026.
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Letter Sent To The Shareholders With Weblink For 18Th AGM
- Vikran Engineering AGM on 11 Sept 2026; final dividend Rs 0.18 per share, record date 28 Aug 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation relating to Newspaper Advertisement regarding the 18th Annual General Meeting ("AGM") of the Company, E- Voting, Record Date and Final Dividend Information
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Intimation Of Notice Convening The 18Th Annual General Meeting To Be Held On September 11, 2026, At 11:30 A.M. Through Video Conferencing (VC)
- AGM on 11 Sep 2026; final dividend ₹0.18/share, plus approvals for NCD issue and borrowing enhancements.
Concalls
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Aug 2026Transcript PPT REC
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Aug 2026TranscriptAI SummaryPPT
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Jul 2026TranscriptPPT REC
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Jun 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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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, distribution, water infrastructure, and railway projects.