Press Release-Announces its Audited Financial results for the quarter and year ended 31st March 2026
VIKRAN · price
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Vikran Engineering reported strong revenue growth with FY26 revenue at ₹1,249.3 Cr (up 36.4% YoY) and Q4 revenue at ₹647.4 Cr (up 82.2% YoY). However, EBITDA margins compressed significantly — FY26 margin dropped to 14.0% from 17.5% in FY25, and Q4 margin fell to 14.2% from 19.1% year-over-year. PAT grew 17.8% YoY to ₹91.7 Cr for FY26 and 48.3% YoY to ₹56.0 Cr for Q4. The company expanded its order book to ₹5,737 Crores as of May 2026, with Solar EPC contributing 49% of the pipeline. Key operational highlights include acquiring 100% stake in NOPL Solar Projects and commissioning a second 5 MW solar plant under PM KUSUM Scheme.
Revenue growth exceeding 20% signals strong business momentum, but margin compression indicates pressure on profitability which may concern cost-sensitive investors. The large order book provides medium-term revenue visibility.