Vikran Engineering Limited share price
Vikran Engineering Limited operates as an engineering, procurement, and construction company in India. It is involved in the design, engineering, procurement, construction, testing, and commissioning of high-voltage transmission lines, air-insulated and gas-insulated substations, underground EHV cables, high-voltage switching and distribution substations, as well as feeder bay augmentations, rural/remote electrification, and smart metering solutions. The company was incorporated in 2008 and is headquartered in Thane, India.Read more
- Market Cap₹ 1,545 Cr.
- Current Price₹ 59.92
- High / Low₹ 118 / 51
- Stock P/E16.8
- Book Value₹ 48
- Dividend Yield0.31 %
- ROCE13.8 %
- ROE10.80 %
- Face Value₹ 1.0
More figures (10)
- EPS (TTM)₹ 3.57
- Price / Book1.25
- OPM14.2 %
- Debt / Equity0.24
- Sales growth (3Y)33.5 %
- Profit growth (3Y)28.9 %
- Promoter holding85.4 %
- EV / EBITDA2.6
- Beta—
- All-time high₹ 118
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| VIKRAN | +6.89% | -18.28% | -13.96% | -40.12% | -39.44% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Vikran Engineering Limited is in the Engineering & Construction industry (Industrials), with a market value of ₹1,545 crore.
- It trades at 16.8 times its last 12 months' earnings and 1.2 times book value.
- Revenue grew 33.5% a year over the last 3 years, profit 28.9% a year.
- Return on equity was 10.8% and return on capital employed 13.8% in the latest year.
- Debt was 0.24 times shareholders' equity.
- The share price is 49.4% below its 52-week high and down 39.4% over one year.
- Promoters and insiders hold about 85.4%; institutions about 5.4%.
Pros
AI- Strong return on equity: 22.2% on average over the last 3 years.
- Borrowings are moderate at 0.24 times shareholders' equity.
Cons
AI- Institutional (FII + DII) holding has fallen by 8.0 points over 4 quarters.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Vikran Engineering Limited
Vikran Engineering Limited operates as an engineering, procurement, and construction company in India. It is involved in the design, engineering, procurement, construction, testing, and commissioning of high-voltage transmission lines, air-insulated and gas-insulated substations, underground EHV cables, high-voltage switching and distribution substations, as well as feeder bay augmentations, rural/remote electrification, and smart metering solutions. The company was incorporated in 2008 and is headquartered in Thane, India.
- Employees
- 881
- Head office
- Thane
Peer comparison
IndustrialsEngineering & Construction
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Vikran Engineering | 59.92 | 16.8 | 1,545 | 0.31 | 4 | — | 142 | — | 13.8 | 10.8 | 1.25 | 14.2 | 0.24 | 85.39 | 1,249 | 33.5 |
| 2. | Larsen & Toubro | 3,627.10 | 30.1 | 4,99,040 | 1.05 | 4,988 | 15.51 | 67,942 | 6.69 | 14.6 | 15.5 | 4.57 | 9.5 | 1.15 | 14.83 | 2,85,874 | 16.1 |
| 3. | Kalpataru Projects International | 1,364.30 | 20.5 | 23,298 | 0.79 | 310 | 37.55 | 6,408 | -9.32 | 19.9 | 14.6 | 3.00 | 7.2 | 0.46 | 33.70 | 26,911 | 18.4 |
| 4. | Cemindia Projects | 1,197.70 | 34.2 | 20,575 | 0.25 | 141 | 24.23 | 2,721 | 7.45 | 37.1 | 28.2 | 8.57 | 8.5 | 0.42 | 72.42 | 10,061 | 25.5 |
| 5. | Engineers India | 273.45 | 19.6 | 15,369 | 1.80 | 158 | 141.49 | 820 | -5.80 | 28.1 | 23.8 | 4.90 | 16.8 | 0.01 | 51.37 | 3,928 | 5.7 |
| 6. | Ircon International | 106.62 | 16.2 | 10,028 | 1.79 | 93 | -43.64 | 1,956 | 9.49 | 8.2 | 9.2 | 1.51 | 6.9 | 0.86 | 65.17 | 8,865 | -5.0 |
| 7. | Afcons Infrastructure | 244.36 | 63.0 | 8,987 | 0.81 | 31 | -77.73 | 2,671 | -20.75 | 10.0 | 4.7 | 1.65 | 7.6 | 0.67 | 58.60 | 11,888 | -1.8 |
| 8. | Simplex Infrastructures | 275.84 | 47.1 | 2,182 | 0.00 | 11 | 116.43 | 291 | 19.77 | 2.2 | 5.3 | 2.20 | 3.3 | 1.68 | 63.55 | 1,021 | -18.3 |
| 9. | Capacit'e Infraprojects | 172.97 | 7.9 | 1,463 | 0.00 | 40 | -15.21 | 629 | 6.72 | 14.2 | 10.6 | 0.77 | 12.7 | 0.25 | 52.07 | 2,623 | 13.4 |
| 10. | Arisinfra Solutions | 144.22 | 17.0 | 1,180 | 0.00 | 20 | 291.84 | 291 | 37.12 | 13.3 | 10.9 | 1.60 | 9.1 | 0.10 | 69.90 | 1,067 | 12.7 |
| Median: 11 Co. | 258.91 | 20.5 | 8,987 | 0.31 | 66 | 24.23 | 1,388 | 6.72 | 14.0 | 10.8 | 1.92 | 9.1 | 0.44 | 61.08 | 6,396 | 12.7 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2026 |
|---|---|
| Sales | 1,249 |
| 1,074 | |
| Material Cost % | 73% |
| Employee Cost % | 7% |
| Other Expenses % | 6% |
| Operating Profit | 175 |
| OPM % | 14% |
| 17 | |
| Exceptional items | -1 |
| Interest | 66 |
| Depreciation | 3 |
| Profit before tax | 121 |
| 24% | |
| Current tax | 34 |
| Deferred tax | -5 |
| 92 | |
| Profit to shareholders | 92 |
| EPS in Rs | 4.05 |
| Dividend Payout % | 4% |
Stock Price CAGR
- 1 Year:
- -39%
Return on Equity
- 4 Years:
- 25%
- Last Year:
- 11%
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 1,249 | 1,453 |
| 1,074 | 1,250 | |
| Material Cost % | 73% | 72% |
| Employee Cost % | 7% | 7% |
| Other Expenses % | 6% | 6% |
| Operating Profit | 175 | 203 |
| OPM % | 14% | 14% |
| 17 | 28 | |
| Exceptional items | -1 | -1 |
| Interest | 66 | 81 |
| Depreciation | 3 | 5 |
| Profit before tax | 121 | 144 |
| 24% | 24% | |
| Current tax | 34 | |
| Deferred tax | -5 | |
| Net Profit | 92 | 109 |
| EPS in Rs | 4.05 | 4.42 |
| Dividend Payout % | 4% |
Compounded Sales Growth
- TTM:
- 3%
Compounded Profit Growth
- TTM:
- 12%
Stock Price CAGR
- 1 Year:
- -39%
Return on Equity
- 4 Years:
- 25%
- Last Year:
- 11%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 0 | 0 | 18 | 26 |
| Reserves | 131 | 291 | 450 | 1,212 |
| 157 | 184 | 274 | 301 | |
| Long term borrowings | 37 | 11 | 32 | 46 |
| Short term borrowings | 118 | 173 | 241 | 246 |
| 425 | 484 | 612 | 965 | |
| Trade payables | 293 | 297 | 478 | 788 |
| Current liabilities | 542 | 655 | 851 | 1,210 |
| Total Liabilities | 712 | 960 | 1,355 | 2,504 |
| 11 | 10 | 11 | 19 | |
| Gross block | 18 | 20 | 22 | 34 |
| Accumulated depreciation | 7 | 10 | 12 | 14 |
| Goodwill & intangibles | 1 | 0 | 0 | 0 |
| 702 | 950 | 1,344 | 2,484 | |
| Inventories | 36 | 51 | 60 | 80 |
| Trade receivables | 370 | 464 | 605 | 1,013 |
| Cash & equivalents | 0 | 0 | 3 | 33 |
| Current assets | 632 | 897 | 1,263 | 2,394 |
| Total Assets | 712 | 960 | 1,355 | 2,504 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6 | -66 | -129 | -437 | |
| Profit for the year | 43 | 75 | 78 | 92 |
| Working capital changes | -67 | -182 | -268 | -585 |
| Direct taxes paid | -6 | -19 | -22 | -45 |
| -14 | -16 | -9 | -156 | |
| Fixed assets purchased | -1 | -2 | -3 | -3 |
| Fixed assets sold | 0 | 0 | ||
| Investments purchased | -16 | -17 | -10 | -113 |
| 9 | 82 | 141 | 624 | |
| Proceeds from borrowings | 45 | 61 | 117 | 355 |
| Repayment of borrowings | -11 | -26 | -27 | -336 |
| Interest paid | -24 | -30 | -47 | -62 |
| Dividends paid | -1 | -4 | -4 | -4 |
| Net Cash Flow | -0 | -0 | 2 | 31 |
| Free Cash Flow | 5 | -69 | -132 | -440 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | 32.7% | 35.4% | 20.5% | 10.8% |
| ROCE | 44.4% | 42.0% | 30.4% | 13.8% |
| Operating margin | 15.1% | 17.0% | 17.6% | 14.2% |
| Net margin | 8.2% | 9.6% | 8.5% | 7.3% |
| Debt / equity | 1.19 | 0.63 | 0.59 | 0.24 |
| Current ratio | 1.17 | 1.37 | 1.48 | 1.98 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 56.27%
- FIIs 1.27%
- DIIs 5.74%
- Public 36.72%
| % | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Promoters | 56.17% | 56.17% | 56.27% | 56.27% |
| 2.39% | 1.60% | 1.11% | 1.27% | |
| Foreign portfolio investors (Cat. I) | 2.07% | 1.60% | 0.99% | 0.83% |
| Foreign portfolio investors (Cat. II) | 0.31% | 0.12% | 0.44% | |
| 12.64% | 8.50% | 6.83% | 5.74% | |
| Mutual funds | 3.67% | 1.11% | ||
| Insurance companies | 1.00% | 0.26% | 0.27% | 0.27% |
| Alternative investment funds | 7.97% | 7.13% | 6.56% | 5.47% |
| 28.81% | 33.73% | 35.79% | 36.72% | |
| Retail (up to ₹2 lakh) | 23.47% | 29.08% | 19.02% | 21.52% |
| HNIs (above ₹2 lakh) | 11.80% | 10.65% | ||
| NRIs | 0.68% | 0.85% | 0.99% | 1.00% |
| Bodies corporate | 3.43% | 2.57% | 2.65% | 2.25% |
| No. of Shareholders | 1,08,601 | 1,19,529 | 1,19,057 | 1,25,514 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Memorandum of Understanding/AgreementsVikran Engineering Limited has informed the Exchange about Memorandum of Understanding/Agreements12-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Vikran Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201807-Oct-2026
- Outcome of Board MeetingVikran Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on September 30, 2026.30-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General Updates29-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General Updates29-Sep-2026
- Action(s) initiated or orders passedDisclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201525-Sep-2026
- Press ReleaseVikran Engineering Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Vikran Engineering Secures ₹153.76 Crore Order from POWERGRI…23-Sep-2026
- Trading WindowVikran Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201523-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General Updates23-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General Updates22-Sep-2026
- Amendment to AOA/MOAVikran Engineering Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.19-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General Updates18-Sep-2026
Annual reports
Credit ratings
- Credit Rating- RevisionVikran Engineering Limited has informed the Exchange about Credit Rating- Revision20-Jun-2026
- Credit Rating- NewVikran Engineering Limited has informed the Exchange about Credit Rating- New15-Jun-2026
- Credit Rating- RevisionVikran Engineering Limited has informed the Exchange about Credit Rating- Revision11-Jun-2026
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Schedule of meet24-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Schedule of meet16-Sep-2026
- UpdatesTranscript of the 18th Annual General Meeting of Vikran Engineering Limited held on 11th September, 2026 at 11:30 A.M.15-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Transcript18-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Link of Recording12-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Schedule of meet07-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Link of Recording04-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Link of Recording02-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Schedule of meet01-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesVikran Engineering Limited has informed the Exchange about Schedule of meet24-Jun-2026
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 28 Aug 2026
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Memorandum of Understanding/AgreementsVikran Engineering Limited has informed the Exchange about Memorandum of Understanding/AgreementsNSE filing · 12-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Vikran Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 07-Oct-2026
- Outcome of Board MeetingVikran Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on September 30, 2026.NSE filing · 30-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General UpdatesNSE filing · 29-Sep-2026
- General UpdatesVikran Engineering Limited has informed the Exchange about General UpdatesNSE filing · 29-Sep-2026
- Action(s) initiated or orders passedDisclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015NSE filing · 25-Sep-2026
- Press ReleaseVikran Engineering Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Vikran Engineering Secures ₹153.76 Crore Order from POWERGRI…NSE filing · 23-Sep-2026
- Trading WindowVikran Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 23-Sep-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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