Vikran Engineering Limited — PPTs, 25-05-2026: Investor Presentation

Here's a summary of Vikran Engineering Limited's investor presentation, tailored for retail investors:

**Business Performance:**

Vikran Engineering has shown strong growth, with revenue from operations increasing by 36.4% YoY to ₹1,249 Cr for FY26. The company highlights its robust order book, which grew significantly to approximately ₹5,737 Cr, with Solar EPC now being the largest contributor at 54.2%.

**Growth Drivers/Strategy:**

The company is strategically transforming from a pure EPC contractor to an integrated renewable energy infrastructure company. This is driven by a significant acquisition in the solar projects space, aiming to establish long-term annuity-based revenue streams and capture value across the renewable energy chain. They are also focusing on disciplined execution, margin improvement, and operational efficiencies.

**Recent Developments:**

A key development is the strategic acquisition of NOPL Solar Projects Private Limited, which is expected to transform Vikran into an integrated renewable energy platform. The company has also seen strong order inflows, particularly in Solar EPC.

**Key Financial Metrics:**

For FY26, Revenue from operations stood at ₹1,249.3 Cr (up 36.4% YoY), and Profit After Tax (PAT) was ₹91.7 Cr (up 17.8% YoY). EBITDA also saw a healthy increase to ₹175.1 Cr.

**Management Commentary/Outlook:**

Management expresses confidence in benefiting from India's infrastructure and renewable energy capex cycle. The focus for FY27 is on disciplined execution, margin improvement, and calibrated expansion across Power T&D, Solar, and Data Centers. They are also exploring opportunities in select international markets.