Vikran Engineering Ltd
Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) company.[1]
- Market Cap ₹ 1,619 Cr.
- Current Price ₹ 62.8
- High / Low ₹ 118 / 51.1
- Stock P/E 17.8
- Book Value ₹ 48.0
- Dividend Yield 0.29 %
- ROCE 16.8 %
- ROE 10.8 %
- Face Value ₹ 1.00
Pros
Cons
- Company has high debtors of 296 days.
- Company's cost of borrowing seems high
* 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 Nifty IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 916 | 1,249 | |
| 754 | 1,071 | |
| Operating Profit | 162 | 179 |
| OPM % | 18% | 14% |
| 7 | 16 | |
| Interest | 55 | 70 |
| Depreciation | 3 | 3 |
| Profit before tax | 110 | 121 |
| Tax % | 29% | 24% |
| 78 | 92 | |
| EPS in Rs | 4.24 | 3.56 |
| Dividend Payout % | 5% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 18 | 26 |
| Reserves | 450 | 1,212 |
| 274 | 301 | |
| 612 | 965 | |
| Total Liabilities | 1,355 | 2,504 |
| 13 | 21 | |
| CWIP | 0 | 0 |
| Investments | 1 | 1 |
| 1,341 | 2,481 | |
| Total Assets | 1,355 | 2,504 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -129 | -437 | |
| -9 | -156 | |
| 141 | 624 | |
| Net Cash Flow | 2 | 31 |
| Free Cash Flow | -132 | -440 |
| CFO/OP | -66% | -219% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 241 | 296 |
| Inventory Days | 45 | 60 |
| Days Payable | 360 | 596 |
| Cash Conversion Cycle | -74 | -240 |
| Working Capital Days | 137 | 282 |
| ROCE % | 17% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Completed Projects count ・Standalone data |
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| Power T&D Order Book INR Cr ・Standalone data |
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| Total Order Book INR Cr ・Standalone data |
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| Water Infrastructure Order Book INR Cr ・Standalone data |
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| Number of Ongoing Projects count ・Standalone data |
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| Smart Metering Connections connections ・Standalone data |
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| Solar Order Book INR Cr ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
- NOPL secured ₹2,941.19 crore IREDA loan for 969 MW solar project; financing finalised on 12 Oct 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Non-applicability certificate filed for quarter ended 30 September 2026; no dematerialisation requests received.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th September, 2026
- Board approved ₹2,941.19 crore corporate guarantee and ₹200 crore promoter infusion for WOS solar projects.
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Disclosure Of Information Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- Received GST SCN for FY2022-23 citing Rs45.08 crore tax demand, Rs28.39 crore interest, Rs4.51 crore penalty.
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Disclosure Of Information Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- GST SCN for alleged excess ITC; demand Rs 33.41 crore, interest Rs 24.12 crore, penalty Rs 3.34 crore for FY23.
Concalls
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Aug 2026Transcript PPT REC
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Aug 2026PPT
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Jul 2026PPT REC
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Jun 2026Transcript PPT REC
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May 2026PPT
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Feb 2026PPT
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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.