Vikran Engineering Q4FY26 Revenue Up 82% YoY to ₹647.4 Crore; PAT at ₹56 Crore
Vikran Engineering reported an 82.2% YoY increase in Q4FY26 revenue, reaching ₹647.4 crore, with a PAT of ₹56 crore. Full-year FY26 revenue rose 36.4% to ₹1,249.3 crore, and PAT increased to ₹91.7 crore. The order book stands at ₹5,737 crore as of May 22, 2026. The company acquired NOPL Solar Projects to enhance its renewable energy platform, focusing on disciplined execution and expansion in FY27.
The financial results indicate positive growth and the strategic acquisition could lead to long-term benefits, but the impact is moderate as it reflects ongoing performance rather than a transformative event.
The announcement highlights significant revenue and profit growth for both Q4 FY26 and the full year, along with a substantial order book and strategic acquisition, indicating a positive outlook for the company.
Vikran Engineering Limited announced its Q4 FY26 and full-year results on May 23, 2026, along with an investor presentation. For Q4 FY26, the company reported revenue from operations of ₹647.4 crore, an 82.2% increase compared to ₹355.4 crore in Q4 FY25. The profit after tax (PAT) for the quarter stood at ₹56 crore, a 48.3% increase from ₹37.8 crore in the same period last year. The company's EBITDA for Q4 FY26 was ₹92.2 crore, with an EBITDA margin of 14.2%. For the full year FY26, Vikran Engineering's revenue from operations was ₹1,249.3 crore, a 36.4% increase from ₹915.8 crore in FY25. The PAT for FY26 was ₹91.7 crore, a 17.8% increase from ₹77.8 crore in the previous year. The company's order book as of May 22, 2026, stood at approximately ₹5,737 crore. Vikran Engineering is also executing an additional Solar EPC order of approximately ₹1,400 crore with NOPL Solar Projects Private Limited. The company strategically acquired NOPL Solar Projects to transform into an integrated renewable energy platform. The management is focused on disciplined execution, margin improvement, operational efficiencies, and calibrated expansion across Power T&D, Solar, and Data Center sectors in FY27. Rakesh Ashok Markhedkar, Promoter & CMD, stated that FY26 has been a defining year for Vikran Engineering, as they strengthened their position across high-growth infrastructure segments, particularly Solar EPC.
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Vikran Engineering Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Vikran Engineering Limited. Read the original for the full detail.