General Updates

Date: 05th November 2026 To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN) Dear Sir/Madam, Sub: Investor Presentation- Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations, 2015’), please find enclosed herewith the copy of Q2-H1 FY26-27 Investor Presentation of the Company for the quarter and half-year ended 30th September 2026. The Investor Presentation may also be accessed on the website of the Company at https://www.vikrangroup.com/investors-relation/financials Please take the above information on record. This is for your information and records. Thanking You. Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Place: Thane Encl.: as above I n ve stor Pr e se n tati on Nove mbe r 2 0 2 6 SAFE HARBOR This presentation has been prepared by Vikran Engineering Limited, solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. None of the Company nor any of its respective affiliates, advisers or representatives, shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information contained in this presentation is only current as of its date. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to number of factors, including future changes or developments in the Company’s business, its competitive environment, information technology and political, economic, legal and social conditions in India. Please note that this presentation is based on the publicly available information including but not limited to Company’s website and Annual Reports. This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Please note that investments in securities are subject to risks including loss of principal amount. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Investor Presentation November 2026 TABLE OF CONTENTS 04 14 23 Financial & Operational Company Overview Business Verticals Highlights Way ahead Investor Presentation November 2026 Financial Highlights MANAGEMENT COMMENT We have delivered healthy growth in our standalone business during H1 FY27, with revenue from operations increasing by approximately 27% year-on-year to ₹424.1 crore. Profit after tax grew by around 72% to ₹25.38 crore, reflecting improved profitability during the first half. While EBITDA remained broadly stable at ₹48.13 crore, we remain focused on improving operating margins and maintaining financial discipline as we scale our business. The integration of NOPL Solar Projects marks an important milestone in strengthening our renewable energy platform. With the project covering 152 locations across Maharashtra and a planned capacity of 969 MW AC, our immediate focus is on disciplined execution and effective coordination across project locations. The term loan facility agreement with IREDA for financing of up to ₹2,941.19 crore, at an interest rate of 9.15%, is an important step in supporting the project. Disbursement will be aligned with execution progress across the eight project clusters. Our core Power Transmission & Distribution business continues to strengthen its presence in high-voltage infrastructure. During the period, we received two orders from POWERGRID: approximately ₹120.69 crore for the 400 kV GIS Substation Extension Package and ₹153.76 crore for the 400 kV AIS Extension Substation Package, both excluding GST. The commissioning of the 132 kV Miao–Namsai transmission line in Arunachal Pradesh further demonstrates our execution capabilities. Looking ahead, we remain focused on timely project execution, strengthening our presence across power transmission and renewable energy infrastructure, and improving operating efficiency. Our priorities continue to be disciplined project selection, prudent working capital management and sustainable long-term value creation for our stakeholders. Rakesh Ashok Markhedkar Promoter & CMD Investor Presentation November 2026 FINANCIAL SNAPSHOT (₹ in Cr) CAGR Revenue from Operations EBITDA & EBITDA Margin* PAT & PAT Margin 18% 50 8% 14% 9% 30% 20 1% 5% 4% 14% 45 18 25% 12% 220 40 16 35 24% 14 10% 30 12 159 8% 25 15% 10 25 6% 20 8 9 15 20 10% 6 8 4% 10 13 4 5% 2% 5 2 2 0 0% 0 0% Q2FY25 Q2FY26 Q2FY27 Q2FY25 Q2FY26 Q2FY27 Q2FY25 Q2FY26 Q2FY27 Revenue from Operations EBITDA & EBITDA Margins PAT & PAT Margin 80 18.00% 7.00% 9% 14% 11% 2% 5% 6% 20% 424 70 16.00% 6.00% 60 14.00% 25 5.00% 335 12.00% 295 4.00% 48 48 10.00% 8.00% 15 3.00% 6.00% 2.00% 4.00% 6 1.00% 10 2.00% 0.00% 0 0.00% H1FY25 H1FY26 H1FY27 H1FY25 H1FY26 H1FY27 H1FY25 H1FY26 H1FY27 *EBITDA is calculated excluding Other Income Investor Presentation November 2026 STANDALONE PROFIT & LOSS STATEMENT Particulars (₹ Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY FY26 Revenue from operations 220.1 176.3 24.9% 424.1 335.4 26.5% 1249.3 Other income 12.3 3 23.4 3.7 16.9 Total income 232.4 179.3 29.6% 447.55 339.1 32.0% 1,266.20 Cost of materials consumed 117.7 101.1 208.7 154.6 482.8 Project-related expense 40.7 6.9 83.2 57.8 435.4 Employee benefits expense 26.0 22.2 49.4 40.2 83.8 Other expenses 15.6 20.6 34.8 34.7 72.2 EBITDA* 20.1 25.4 -20.8% 48.1 48.1 0.1% 175.1 EBITDA Margin (%) 9.1% 14.4% 11.4% 14.3% 14.0% Depreciation and amortisation 0.9 0.6 2.0 1.2 3.4 Finance Cost 21.3 18 36.4 33.4 66.4 Profit before tax 10.2 9.8 4.1% 33.2 17.2 93.1% 1.2 Tax 2.3 0.7 7.8 2.4 121 Profit After Tax 7.9 9.1 -13.2% 25.4 14.8 71.6% 29.3 PAT Margin (%) 3.6% 5.2% 6.0% 4.4% 91.7 EPS 0.30 0.44 0.98 0.76 4.05 *EBITDA is calculated excluding Other Income Investor Presentation November 2026 CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (₹ Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY FY26 Revenue from operations 211.8 176.3 20.2% 353.4 335.5 5.4% 1249.3 Other income 3.9 3.0 14.1 3.7 16.9 Total income 215.7 179.3 20.3% 367.5 339.1 8.4% 1,266.20 Cost of materials consumed 115.8 101.1 184.9 154.6 482.8 Project-related expense 38.0 6.9 59.4 57.8 435.4 Employee benefits expense 21.5 22.2 42.6 40.2 83.8 Other expenses 14.3 20.6 32.9 34.7 72.2 EBITDA* 22.3 25.4 -12.5% 33.5 48.1 -30.3% 175.1 EBITDA Margin (%) 10.5% 14.4% 9.5% 14.3% 14.0% Depreciation and amortisation 2.7 0.6 3.8 1.2 3.4 Finance Cost 20.6 18.1 35.6 33.4 66.4 Profit before tax 2.8 9.8 -71.4% 8.2 17.2 -52.1% 1.2 Tax 0.1 0.7 1.5 2.4 121 Profit After Tax 2.7 9.1 -69.8% 6.7 14.8 - [Showing first 8,000 characters — download PDF for full document]