NSEPress Release11 Aug 2026 · 11 Aug 2026, 07:45 pm
Press Release
Vikran Engineering Limited · VIKRAN
✦ AI Summary▲ PositiveResults
Vikran Engineering Limited announces its unaudited financial results for the quarter ended June 30, 2026, with a 28% YoY revenue growth, EBITDA growth of 24% YoY, and PAT growth of 209.9% YoY.
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Growth Catalyst6/10
Governance Concern1/10
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Market Sentiment8/10
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Full Announcement
Vikran Engineering Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Vikran Engineering Ltd Q1 FY27 Press Release".
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Date: 11th August 2026
To, To,
The General Manager The General Manager
Department of Corporate Services, Department of Corporate Services,
BSE Limited National Stock Exchange of India
Phiroze Jee Jee Bhoy Tower Limited
Dalal Street, Fort Exchange Plaza,
Mumbai – 400001 Bandra Kural Complex,
Scrip Code: 544496 Bandra (East), Mumbai – 400051
Symbol: VIKRAN
Sub: Press Release -Vikran Engineering Limited announces its Unaudited
financial results for the quarter ended 30th June 2026
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby enclosed
herewith Press Release update regarding Unaudited financial results of Vikran
Engineering Limited for the quarter ended on 30th June 2026.
The above information is also available on the Company’s website at
vikrangroup.com
This is for your information and records.
Thanking You.
Yours faithfully,
FOR VIKRAN ENGINEERING LIMITED
Kajal Rakholiya
Company Secretary and Compliance Officer
Mem. No. A45271
Place: Thane
Encl.: as above
Vikran Engineering Ltd – Q1 FY27 Press Release
Vikran Engineering Reports 28% YoY, Q1 FY27 Revenue Growth
Strengthens Solar EPC & Power T&D Portfolio
Thane, August 11, 2026: Vikran Engineering Limited, one of India's fast-growing EPC
companies with a diversified presence across Power Transmission & Distribution, EHV
Substations, Railway & Metro Electrification, Water Infrastructure, Renewable Energy, and
emerging Data Centre infrastructure, today announced its unaudited financial results for the
quarter ended June 30, 2026.
The Company continues to maintain a healthy project pipeline supported by a diversified
order book across Renewable Energy, Power Transmission & Distribution, Water
Infrastructure and Railway Electrification, providing strong revenue visibility over the
medium term.
Key Standalone Fo Highlights
Q1 FY27 Performance
Particulars (₹ Cr.) Q1 FY27 Q1 FY26 YoY
Revenue from Operations 204.0 159.2 28.2%
EBITDA* 28.0 22.7 23.7%
EBITDA Margin (%) 13.7% 14.2%
PAT 17.5 5.7 209.9%
PAT Margin (%) 8.6% 3.5%
*EBITDA is calculated excluding Other Income.
Recent Operational Highlights:
• Secured a 969 MW AC Solar EPC project from wholly-owned subsidiary NOPL Solar
Projects, with a contract value of ₹3,517.98 crore including GST, strengthening the
renewable energy mix across the orderbook
• Secured a ₹120.7 crore order from POWERGRID for a 400 kV GIS Substation Extension
Package across Magarwada, Vadodara and Rajgarh, strengthening Vikran’s presence in
high-voltage transmission infrastructure
• Successfully commissioned the 132 kV Miao-Namsai Transmission Line in Arunachal
Pradesh, covering 40.6 km and 138 tower foundations, reinforcing the Company’s
execution capabilities in challenging terrains
• Concluded the Ellume Energy EPC contract mutually due to prolonged project readiness
delays at the client's end, with no material impact expected on the Company's operations
or growth outlook
• Total Order Book as on 11th August 2026 stood at ₹6,496.2 crores.
• Order Book Mix:
o Solar – 62%
o Power T&D – 28%
o Water Infrastructure – 10%
o Railway Infrastructure – 1%
Commenting on the performance of the Company, Mr. Rakesh Markhedkar, Chairman &
Managing Director, Vikran Engineering Limited, said:
"We have commenced FY27 on a positive note, delivering approximately 28% year-on-year revenue
growth, while EBITDA grew by around 24% year-on-year, with margins remaining broadly stable.
The performance reflects continued execution momentum across our businesses, alongside our focus
on maintaining a healthy balance between growth, profitability and financial discipline.
The integration of NOPL Solar Projects marks an important milestone in strengthening our
renewable energy platform. With the project now under direct EPC execution by Vikran, our
immediate focus is on timely and disciplined execution while further enhancing our capabilities in
large-scale renewable infrastructure.
Our core Power Transmission & Distribution business also continues to maintain strong
momentum. The recent POWERGRID order for a 400 kV GIS substation package, together with the
successful commissioning of the Miao-Namsai transmission line in Arunachal Pradesh, reinforces our
execution capabilities and the confidence placed in us by our customers.
Looking ahead, we remain confident in the structural growth opportunities across power and
renewable energy infrastructure. While Solar EPC will continue to be an important growth driver, we
are also selectively evaluating emerging opportunities such as Battery Energy Storage Systems and
Data Centre infrastructure. Our focus will remain on disciplined growth, timely execution, prudent
capital allocation and sustainable long-term value creation for our stakeholders."
About Vikran Engineering Limited:
Vikran Engineering Limited is a diversified EPC player with expertise across Power
Transmission & Distribution, Water Infrastructure, and Railway Electrification, supported by
emerging capabilities in Solar EPC and Smart Metering. The company provides end-to-end
turnkey solutions spanning conceptualization, design, supply, installation, testing, and
commissioning, enabling it to capture the full value chain of project execution.
Over the years, Vikran has successfully completed 45 projects across 14 states with marquee
clients including NTPC, Power Grid Corporation of India, state utilities, and public health
departments. The company’s asset-light model, in-house design and engineering expertise,
and strong supply chain of 3,500+ vendors ensure efficient mobilization and timely delivery
of projects.
For more information, please visit www.vikrangroup.com
For further information please contact:
Vikran Engineering Limited, Investor Relations Advisors
Mr. Sumit Kinikar / Mr. Shubham
Ms. Kajal Rakholiya
Sangle
Company Secretary & Compliance Officer
Adfactors PR
companysecretary@vikrangroup.com
sumit.kinikar@adfactorspr.com/
shubham.sangle@adfactorspr.com
Cautionary statement concerning forward-looking statements:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like
regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated
by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk
factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action
taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.