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Vikran Engineering Ltd

Q3 FY26Construction

Vikran Engineering Q3 FY26: Revenue ₹266.5 Cr, PAT ₹20.9 Cr

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹60
Market cap₹1.5K Cr
P/E17.0
Updated16 Oct 2026
Read5 min read

Based on Vikran Engineering Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentationreports, not management guidance.

The short version

Revenue from operations for Q3 FY26: ₹266.5 Cr, up 0.5% YoY from ₹265.2 Cr in Q3 FY25 (Page 8) - Total income for Q3 FY26: ₹273.0 Cr, up 2.4% YoY from ₹266.5 Cr in Q3 FY25 (Page 8) - EBITDA in Q3 FY26: ₹34.9 Cr, declined 46.5% YoY from ₹65.2 Cr in Q3 FY25 (Page 8) - Profit after tax in Q3 FY26: ₹20.9 Cr, down 38.0% YoY from ₹33.7 Cr in Q3 FY25 (Page 8) - 9M FY26 revenue: ₹601.9 Cr, increased 7.4% YoY from ₹560.5 Cr in 9M FY25 (Page 8) - Consolidated order book as on 13 Feb 2026: ₹4,986.6 Cr, representing strong revenue visibility (Page 9) - Outlook: Management expects operating leverage benefits as solar projects advance, with a strong pipeline across Power T&D, Solar, and Water sectors and focus on scalable, sustainable growth. Q3 FY26 EBITDA: ₹34.9 Cr, down 46.5% YoY from ₹65.2 Cr in Q3 FY25 - Q3 FY26 EBITDA Margin: 13.1%, down from 24.6% in Q3 FY25 - Q3 FY26 Profit After Tax (PAT): ₹20.9 Cr, down 38.0% YoY fr

From Vikran Engineering Ltd's Q3 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Revenue from operations for Q3 FY26: ₹266.5 Cr, up 0.5% YoY from ₹265.2 Cr in Q3 FY25 (Page 8)
  • Total income for Q3 FY26: ₹273.0 Cr, up 2.4% YoY from ₹266.5 Cr in Q3 FY25 (Page 8)
  • EBITDA in Q3 FY26: ₹34.9 Cr, declined 46.5% YoY from ₹65.2 Cr in Q3 FY25 (Page 8)
  • Profit after tax in Q3 FY26: ₹20.9 Cr, down 38.0% YoY from ₹33.7 Cr in Q3 FY25 (Page 8)
  • 9M FY26 revenue: ₹601.9 Cr, increased 7.4% YoY from ₹560.5 Cr in 9M FY25 (Page 8)

2 more points from Vikran Engineering Ltd's call on revenue

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Profitability & Margins

See what Vikran Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Expansion into Solar EPC turnkey projects: up to 2 GWp Solar PV Systems and up to 1 GWp Balance of System projects (Page 35).
  • Explore infrastructure EPC projects in private sector, especially in Middle East and African international markets (Page 35).
  • Plans to increase presence in railways and metro sectors targeting diversification and higher margin projects (Page 35).
  • Intends to expand substation and underground cabling businesses (Page 35).
  • Targets solar EPC and bullet train power supply contracts aligned with National Solar Mission and high-speed rail projects (Page 35).
  • Leverage government programs (AIBP, PM Sahaj Bijli Har Ghar Yojana, Jal Jeevan Mission, RDSS) to expand water and power distribution and rural electrification projects (Page 35).

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

Guidance-ranked
Rev 1Mar 3
2SPML Infra
Rev 2Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Vikran Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Total Order Book as of 13th February 2026: ₹4,986.6 Crore
  • Power T&D & Solar: ₹4,283.2 Crore (85.9%)
  • Water Infrastructure: ₹662.2 Crore (13.3%)
  • Railway Infrastructure: ₹41.2 Crore (0.8%)
  • Order Book comparison:
  • As on 31st Mar 2025: ₹2,044.3 Crore
  • As on 31st Dec 2024: ₹2,027.1 Crore
  • Order Book client mix:
  • Government: 21%
  • PSUs: 21%
  • Private Sector: 58%

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Vikran Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹647 Cr, net profit ₹56 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Construction this season

  • Likhitha Infrastructure Ltd (Q3 FY26)

    Year-on-Year change in revenue: Decrease of approximately 39.59% . Key investor presentation takeaways from Likhitha Infrastructure Ltd's Q3 FY26 investor prese

  • SEPC Ltd (Q3 FY26)

    Q3 FY26 Revenue:** ₹340.97 Cr . Key investor presentation takeaways from SEPC Ltd's Q3 FY26 investor presentation — and how it ranks against sector peers.

  • GK Energy Ltd (Q3 FY26)

    Q3 FY26 Revenue from Operations (Standalone): ₹460.20 Crores, up 43.64% YoY from ₹320.38 Crores in Q3 FY25 (Page 21). Key investor presentation takeaways from G

  • Suntech Infra Solutions Ltd (Q3 FY26)

    The investor presentation reports Q3 FY26 revenue of ₹420 crore, up 18% YoY from ₹356 crore in Q3 FY25. Key investor presentation takeaways from Suntech Infra S

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Frequently Asked Questions

What were Vikran Engineering Ltd Q3 FY26 results?

Revenue from operations for Q3 FY26: ₹266.5 Cr, up 0.5% YoY from ₹265.2 Cr in Q3 FY25 (Page 8) - Total income for Q3 FY26: ₹273.0 Cr, up 2.4% YoY from ₹266.5 Cr in Q3 FY25 (Page 8) - EBITDA in Q3 FY26: ₹34.9 Cr, declined 46.5% YoY from ₹65.2 Cr in Q3 FY25 (Page 8) - Profit after tax in Q3 FY26: ₹20.9 Cr, down 38.0% YoY from ₹33.7 Cr in Q3 FY25 (Page 8) - 9M FY26 revenue: ₹601.9 Cr, increased 7.4% YoY from ₹560.5 Cr in 9M FY25 (Page 8) - Consolidated order book as on 13 Feb 2026: ₹4,986.6 Cr, representing strong revenue visibility (Page 9) - Outlook: Management expects operating leverage benefits as solar projects advance, with a strong pipeline across Power T&D, Solar, and Water sectors and focus on scalable, sustainable growth. Q3 FY26 EBITDA: ₹34.9 Cr, down 46.5% YoY from ₹65.2 Cr in Q3 FY25 - Q3 FY26 EBITDA Margin: 13.1%, down from 24.6% in Q3 FY25 - Q3 FY26 Profit After Tax (PAT): ₹20.9 Cr, down 38.0% YoY fr

What is Vikran Engineering Ltd share price analysis?

Vikran Engineering Ltd currently shows a neutral. The stock trades at a P/E of 17.0 with a market cap of ₹1,546 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vikran Engineering Ltd planning capital expenditure?

Expansion into Solar EPC turnkey projects: up to 2 GWp Solar PV Systems and up to 1 GWp Balance of System projects (Page 35).

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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.