Vikran Engineering Ltd
Vikran Engineering Q2 Results 2026 (FY27): Revenue ₹220.1 Cr, PAT ₹2.7 Cr
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
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Guidance rank: #21 of 56 in Construction
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Vikran Engineering Ltd Q2 FY27 key numbers
- Revenue
- Q2 FY27 Standalone revenue from operations: ₹220.1 crore, up 24.9% YoY.
As stated in Vikran Engineering Ltd's Q2 FY27 investor presentation · published 5 Nov 2026. Reported figures, not investment advice.
Based on Vikran Engineering Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Q2 FY27 Standalone revenue from operations: ₹220.1 crore, up 24.9% YoY (Page 8). Q2 FY27 Financials (Consolidated):.
From Vikran Engineering Ltd's Q2 FY27 earnings-call transcript · updated 5 Nov 2026.
How did Vikran Engineering's revenue grow in the September 2026 quarter?
- Q2 FY27 Standalone revenue from operations: ₹220.1 crore, up 24.9% YoY (Page 8)
- Q2 FY27 Consolidated revenue from operations: ₹211.8 crore, up 20.2% YoY (Page 9)
- H1 FY27 Standalone revenue: ₹424.1 crore, up 26.5% YoY (Page 8)
- H1 FY27 Consolidated revenue: ₹353.4 crore, up 5.4% YoY (Page 9)
- Q2 FY27 EBITDA margin (consolidated): 10.5%, down from 14.4% YoY (Page 9)
2 more points from Vikran Engineering Ltd's call on revenue
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What happened to Vikran Engineering's margins in Q2 FY27?
See what Vikran Engineering Ltd said on profitability & margins — free account, 30 seconds.
What capex is Vikran Engineering planning?
- 969 MW PM-KUSUM Solar Portfolio
- Total Project Cost: ₹4,200 Cr
- 100% Ownership acquisition
- PPA with MSEDCL for 25 years at ₹3.074/kWh tariff
- Execution status: 80% land secured, 100+ installation partners identified
- Supported by ₹1,017 Cr Central Financial Assistance under PM-KUSUM
- Strong earnings visibility: ~₹525+ Cr annual revenue, ~₹450+ Cr EBITDA, 85-88% margin
- Financing: Term loan agreement with IREDA up to ₹2,941.19 Cr at 9.15% interest, disbursement aligned with execution progress across eight project clusters
- Expansion into Solar EPC and infrastructure EPC
- Undertaking turnkey Solar EPC projects (up to 2 GWp PV) and BoS projects (up to 1 GWp)
- Expanding in infrastructure EPC projects targeting private and international markets (Middle East & Africa focus)
- Exploring data center installations and smart metering projects
- Power Transmission & Distribution
2 more points from Vikran Engineering Ltd's call on capex
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Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Is Vikran Engineering raising money or cutting debt?
See what Vikran Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.
How big is Vikran Engineering's order book?
- Total Order Book as on 31st October 2026: ₹6,421.4 crore
- Vertical Order Book split as on 30th September 2026:
- Solar: ₹3,920.5 crore (61.1%)
- Power T&D: ₹1,853.3 crore (28.9%)
- Water: ₹606.8 crore (9.5%)
- Railway: ₹40.7 crore (0.5%)
- Power vertical order book (including solar projects) on 31st October 2026: ₹5,615.7 crore (~90% of total book)
- Order book client mix as on 31st October 2026:
- Government: 24%
2 more points from Vikran Engineering Ltd's call on order book
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Vikran Engineering Ltd — Quarterly revenue & net profit
Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹647 Cr, net profit ₹56 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Vikran Engineering's management said in earlier quarters
Others in Construction this season
- NCC (Q2 FY27)
Q2 FY27 consolidated revenue: ₹6,042 Cr, up 32% year-on-year (YoY) (Slide 12, 10) . Key investor presentation takeaways from NCC Ltd's Q2 FY27 investor presenta
- Kalpataru Projects International (Q2 FY27)
Q2 FY27 Revenue (Standalone): ₹6,213 crores, +15% YoY (Page 14) . Key investor presentation takeaways from Kalpataru Projects International Ltd's Q2 FY27 invest
- Hindustan Construction Company (Q2 FY27)
Standalone income from operations: ₹895.8 Cr in Q2 FY27, down 6.5% y-o-y (₹957.8 Cr in Q2 FY26). Key investor presentation takeaways from Hindustan Construction
- Patel Engineerin (Q2 FY27)
Q2 FY27 Revenue from Operations: INR 12,107 Mn, a 0.2% year-on-year (YoY) increase (Page 5, 12) . Key investor presentation takeaways from Patel Engineering Ltd
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Vikran Engineering Ltd Q2 FY27 results?
Q2 FY27 Standalone revenue from operations: ₹220.1 crore, up 24.9% YoY (Page 8). Q2 FY27 Financials (Consolidated):.
What is Vikran Engineering Ltd share price analysis?
Vikran Engineering Ltd currently shows a neutral. The stock trades at a P/E of 16.4 with a market cap of ₹1,490 Cr. Investors should review the full earnings analysis for detailed insights.
Is Vikran Engineering Ltd planning capital expenditure?
969 MW PM-KUSUM Solar Portfolio.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.