Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1490 Cr.
Stock P/E
16.2
P/B
1.2
Current Price
₹57.8
Book Value
₹ 48.1
Face Value
1
52W High
₹118.4
52W Low
₹ 51.1
Dividend Yield
0.31%

Vikran Engineering Overview

Business

Vikran Engineering Ltd. (VIKRAN) is an Indian company operating in the Engineering - Construction sector. Its core business involves providing engineering, procurement, and construction (EPC) services for various projects. This typically includes civil construction, infrastructure development, and potentially specialized engineering solutions across different sub-sectors. The company makes money by bidding for and securing contracts from government agencies, public sector undertakings, and private clients, executing these projects, and recognizing revenue based on project completion milestones or cost-plus agreements.

Revenue Mix

Details on specific revenue contribution of segments are not available from the provided information. However, typical segments for an Engineering - Construction company of this nature might include:

Infrastructure: Roads, bridges, highways, railways, ports, airports, water supply, and sanitation projects.

Industrial Projects: Construction for manufacturing plants, power plants, oil & gas facilities.

Building & Urban Infrastructure: Commercial complexes, residential projects, institutional buildings.

The revenue mix would be project-driven, varying based on the type and scale of contracts secured in a given period.

Industry

The Indian engineering and construction industry is a significant contributor to the economy, characterized by its capital-intensive nature and reliance on government spending and private sector investment. It is highly fragmented with a mix of large, diversified players and numerous regional and specialized contractors. The industry is cyclical, influenced by economic growth, interest rates, and regulatory policies. Vikran Engineering Ltd. likely positions itself as a competent contractor within its chosen sub-segments, competing on factors like project execution capability, cost-efficiency, technical expertise, and timely delivery against other established and emerging players in the market.

MOAT

Without specific information, a strong, clear competitive moat for Vikran Engineering Ltd. is not immediately evident. In the engineering and construction sector, potential advantages could include:

Execution Capability & Track Record: A history of successfully completing complex projects on time and within budget.

Specialized Expertise: Niche technical skills or certifications that allow it to undertake specialized projects.

Client Relationships: Long-standing relationships with key government or private clients.

Financial Strength: Ability to bid for and execute large projects requiring significant capital outlay or bank guarantees.

Pre-qualification: Meeting specific criteria that allow it to bid on certain large government projects.

However, the sector is generally competitive, and these advantages can be challenging to sustain and differentiate strongly.

Growth Drivers

Government Infrastructure Push: India's significant investment plans in infrastructure (roads, railways, urban development, energy) through initiatives like the National Infrastructure Pipeline (NIP) and Gati Shakti.

Urbanization & Industrialization: Growing demand for urban infrastructure, housing, commercial spaces, and industrial facilities.

Private Sector Capital Expenditure: Revival in private sector investment across manufacturing, logistics, and energy sectors.

Technological Adoption: Adoption of new construction technologies, project management tools, and sustainable practices could enhance efficiency and competitiveness.

Risks

Project Execution Risks: Delays, cost overruns, quality issues, and unforeseen challenges during project implementation.

Raw Material Price Volatility: Fluctuations in prices of key inputs like steel, cement, and fuel can impact project profitability, especially in fixed-price contracts.

Competition: Intense competition from numerous domestic and international players leading to margin pressure.

Payment Delays: Risk of delayed payments from clients, particularly government entities, affecting working capital and cash flow.

Regulatory & Policy Changes: Changes in government policies, environmental regulations, land acquisition laws, and taxation.

Economic Cyclicality: The sector is highly sensitive to economic downturns, interest rate hikes, and availability of financing.

Management & Ownership

Specific details on the promoter group and management quality are not provided. Like many Indian companies, it is likely promoter-led, where the founding family or individuals hold a significant stake and exert control over strategic direction and operations. The quality of management in the construction sector is critical, focusing on project management expertise, financial prudence, risk management, and client relationship building. Ownership structure would typically involve the promoter group and public shareholders, with institutional investors potentially holding a stake.

Outlook

Vikran Engineering Ltd. operates in a sector poised for growth, driven by India's ongoing infrastructure development and economic expansion. This provides a substantial pipeline of opportunities for engineering and construction firms. However, the company faces inherent challenges including intense competition, the cyclical nature of the industry, risks associated with project execution, and sensitivity to input costs and payment cycles. The company's ability to secure profitable contracts, efficiently manage its project portfolio, control costs, and maintain healthy cash flows will be crucial for navigating these dynamics and achieving sustainable growth in a competitive environment.

Vikran Engineering Share Price

Live · BSE / NSE · Inception: 2008
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Vikran Engineering Quarterly Results

#(Fig in Cr.) Mar 2025 Jun 2025 Mar 2026 Jun 2026
Net Sales 355 159 647 142
Other Income 4 1 7 10
Total Income 359 160 654 152
Total Expenditure 288 137 555 130
Operating Profit 72 23 99 21
Interest 15 15 20 15
Depreciation 1 1 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 56 7 78 5
Provision for Tax 18 2 22 1
Profit After Tax 38 6 56 4
Adjustments 0 0 0 0
Profit After Adjustments 38 6 56 4
Adjusted Earnings Per Share 2.1 0.3 2.2 0.2

Vikran Engineering Profit & Loss

#(Fig in Cr.) Mar 2025 Mar 2026 TTM
Net Sales 916 1249 1303
Other Income 7 17 22
Total Income 922 1266 1325
Total Expenditure 754 1071 1110
Operating Profit 168 196 215
Interest 55 70 65
Depreciation 3 3 4
Exceptional Income / Expenses 0 -1 0
Profit Before Tax 110 121 146
Provision for Tax 32 29 43
Profit After Tax 78 92 104
Adjustments 0 0 0
Profit After Adjustments 78 92 104
Adjusted Earnings Per Share 4.2 3.6 4.8

Vikran Engineering Balance Sheet

#(Fig in Cr.) Mar 2025 Mar 2026
Shareholder's Funds 468 1237
Minority's Interest 0 0
Borrowings 32 46
Other Non-Current Liabilities 34 67
Total Current Liabilities 857 1220
Total Liabilities 1391 2569
Fixed Assets 11 19
Other Non-Current Assets 111 146
Total Current Assets 1270 2404
Total Assets 1391 2569

Vikran Engineering Cash Flow

#(Fig in Cr.) Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 3
Cash Flow from Operating Activities -129 -437
Cash Flow from Investing Activities -9 -156
Cash Flow from Financing Activities 141 624
Net Cash Inflow / Outflow 2 31
Closing Cash & Cash Equivalent 3 33

Vikran Engineering Ratios

# Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.24 3.56
CEPS(Rs) 4.4 3.69
DPS(Rs) 0.21 0.18
Book NAV/Share(Rs) 25.48 47.98
Core EBITDA Margin(%) 17.67 14.3
EBIT Margin(%) 18.05 15.29
Pre Tax Margin(%) 12.03 9.69
PAT Margin (%) 8.5 7.34
Cash Profit Margin (%) 8.82 7.61
ROA(%) 5.59 4.63
ROE(%) 16.63 10.76
ROCE(%) 22.32 16.82
Receivable days 241.13 236.37
Inventory Days 23.89 20.43
Payable days 360.43 478.62
PER(x) 0 14.57
Price/Book(x) 0 1.08
Dividend Yield(%) 0 0.35
EV/Net Sales(x) 0.24 1.13
EV/Core EBITDA(x) 1.33 7.2
Net Sales Growth(%) 0 36.41
EBIT Growth(%) 0 15.49
PAT Growth(%) 0 17.85
EPS Growth(%) 0 -16.1
Debt/Equity(x) 0.58 0.24
Current Ratio(x) 1.48 1.97
Quick Ratio(x) 1.41 1.91
Interest Cover(x) 3 2.73
Total Debt/Mcap(x) 0 0.22

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +36% — — —
Operating Profit CAGR +17% — — —
PAT CAGR +18% — — —
Share Price CAGR -42% — — —
ROE Average +11% +14% +14% +14%
ROCE Average +17% +20% +20% +20%

Vikran Engineering Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 56.27 %
FII 1.27 %
DII (MF + Insurance) 5.74 %
Public (retail) 36.72 %
# Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 56.1756.1756.1756.2756.27
FII 4.072.391.61.111.27
DII 14.0112.648.56.835.74
Public 25.7528.8133.7335.7936.72
Others 00000
Total 100100100100100

Vikran Engineering Peer Comparison

Engineering - Construction Edit Columns

Vikran Engineering Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Vikran Engineering Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • Debtor days have increased from 360.43 to 478.62days.
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