| Metric | Value (₹ Cr) |
|---|---|
| Revenue | 647.40 |
| Total Income | 654.20 |
| Expenditure | 576.27 |
| PBT | 77.93 |
| Net Profit | 56.00 |
| OPM | 14.24% |
| NPM | 8.56% |
| EPS | 2.17 |
Vikran Engineering FY26 Revenue Up 36.4% to ₹1,249.3 Cr
22 May 2026 · 22 May, 8:52 pm
Summary
Vikran Engineering Limited announced strong financial results for the quarter and financial year ended March 31, 2026, driven by significant growth in its core operations. For FY26, Revenue from Operations increased by 36.4% year-on-year to ₹1,249.3 crore, while Profit After Tax (PAT) grew by 17.8% to ₹91.7 crore. The fourth quarter of FY26 saw exceptional performance, with revenue surging 82.2% year-on-year to ₹647.4 crore and PAT rising 48.3% to ₹56.0 crore. The company's robust order book, which now stands at ₹5,737 crores, combined with strategic expansions in Solar EPC and renewable energy, positions it well to capitalize on India's ongoing infrastructure and clean energy capex cycle.
Key Highlights
- 1
Vikran Engineering Limited reported a significant 36.4% year-on-year increase in Revenue from Operations, reaching ₹1,249.3 crore for the financial year ended March 31, 2026.
- 2
For the fourth quarter of FY26, Revenue from Operations surged by 82.2% year-on-year to ₹647.4 crore.
- 3
Profit After Tax (PAT) for FY26 grew by 17.8% year-on-year to ₹91.7 crore, while Q4 FY26 PAT rose 48.3% year-on-year to ₹56.0 crore.
- 4
The company's consolidated order book expanded to ₹5,737 crores as of May 22, 2026, with Solar contributing 49% and Power T&D 39%.
- 5
EBITDA margin for FY26 stood at 14.0%, with Q4 FY26 recording a margin of 14.2%.
- 6
Vikran Engineering completed the acquisition of 100% stake in NOPL Solar Projects Private Limited and commissioned its second 5 MW solar power plant in Ambi Jalgaon, Maharashtra.
Management Comments
Mr. Rakesh Markhedkar
FY26 has been a defining year for Vikran Engineering as we strengthened our position across high-growth infrastructure segments, particularly Solar EPC. The scale-up in our order book reflects growing customer confidence in our execution capabilities and our ability to participate meaningfully in India’s energy transition journey. During the year, we also expanded our renewable energy footprint through strategic investments that complement our EPC capabilities and strengthen our participation across the clean energy value chain. As we move into FY27, our focus remains on disciplined execution, margin improvement, operational efficiencies, and calibrated expansion across Power T&D, Solar and Data Centre. We believe the Company is well positioned to benefit from the strong capex cycle underway in India’s infrastructure and renewable energy sectors. With a robust bidding pipeline, improving execution visibility and a strong emphasis on governance and risk management, we remain confident about building a scalable and sustainable growth platform over the medium term. We are also evaluating opportunities in select international markets to further diversify our growth trajectory.
Informational and educational content only. Not investment advice.