VIKRANIndustrials

Vikran Engineering Limited

Civil Construction · ISIN INE01R501028 · BSE 544496 · NSE EQ · FV ₹1
Last price
₹56
-0.11%today
What this company does

Vikran Engineering Limited operates in Civil Construction, part of the Industrials sector. It booked ₹142 cr of revenue in its latest quarter (Q1 FY27) and kept 2.8% of sales as profit.

In the report:
35out of 100
Equitytale Health Score
Strained

Healthier than 35% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
31

At close. Not part of the score.

Profitability & returns21

How much profit it earns on the money it employs

Balance sheet43

How much it owes, and whether earnings cover the interest

Cash quality6

Whether reported profit actually arrives as cash

Valuation36

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 56%
No promoter shares pledged
Watch-outs
! Thin 2.8% net margin
! Low 1.3% return on equity

What if I invest in VIKRAN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹56 -0.11%
latest close · 2026-09-17
52-wk low ₹5442 sessions so far52-wk high ₹75
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio93.3High
LowAverageHigh
P/B ratio1.17Moderate
Below bookModerateHigh
EV / EBITDA19.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.3%Weak
WeakFairStrong ▸15%
Return on capital6.3%Weak
WeakFairStrong
Net margin2.8%Thin
ThinDecentStrong
EBITDA margin15.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.24Comfortable
LowModerateHigh ▸1
Interest cover1.4×Risky
RiskyOkayStrong ▸5×
Current ratio1.98Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,444 cr
Book value
₹48
EPS
₹0.15
latest quarter
Net debt
₹259 cr
owes more than its cash
Enterprise value
₹1,703 cr
EBITDA
₹86 cr
annualised
EBIT
₹82 cr
annualised
Operating margin
14.4%
Return on assets
0.6%
Earnings yield
1.07%
P/S
2.55
Sales / share
₹22.0
Tax rate
26.5%
Face value
₹1
Shares
25.8 cr
Working capital
₹1,185 cr
Current assets
₹2,394 cr
Current liabilities
₹1,210 cr
Delivery %
48.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹16₹16, midpoint ₹16

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹142 cr
Other Income₹10 cr
Total Income₹152 cr
Cost of Materials₹91 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹21 cr
Finance Costs₹15 cr
Depreciation & Amortisation₹1 cr
Other Expenses₹19 cr
Total Expenses₹146 cr
Profit before Tax₹5 cr
Tax Expense₹1 cr
Net Profit₹4 cr
Net margin on total income2.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹91 cr59.7%
Employee benefit expense₹21 cr13.9%
Finance costs₹15 cr9.8%
Depreciation & amortisation₹1 cr0.7%
Other expenses₹19 cr12.3%
Tax expense₹1 cr0.9%
Profit for the period₹4 cr2.6%
Total income ₹152 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue647 cr142 cr
Total income654 cr152 cr
Expenses576 cr146 cr
Profit before tax78 cr5 cr
Tax22 cr1 cr
Net profit (owners' share)56 cr4 cr
Net margin (owners' share, on revenue)8.6%2.8%
EPS (₹)2.170.15
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,504 cr
Shareholder equity
₹1,237 cr
parent shareholders
Total debt
₹292 cr
Cash
₹33 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.32%
trailing 12 months
Dividend / share (TTM)
₹0.18
Last dividend
₹0.18
ex 28 Aug 2026
ActionDetailEx-date
Dividend₹0.18 / share28 Aug 2026
Who owns it · 2026-06-30
No pledge
Promoter
56.3%
FII / Foreign
1.3%
DII / Domestic
5.7%
Retail / others
36.7%
Promoter stake up 0.1% over the last 5 quarters.
Smart-money activity
Insider trades
BoughtRakesh Ashok Markhedkar · Director2.19 L · ₹1.5 cr25 Feb 26
BoughtNakul Markhedkar · Director14,000 · ₹9.6 L24 Feb 26
BoughtVipul Markhedkar · Key Managerial Personnel14,000 · ₹9.6 L24 Feb 26
Bulk / block deals
BoughtQE SECURITIES LLP · NSE21.25 L @ ₹76.0129 Jun 26
SoldQE SECURITIES LLP · NSE20.86 L @ ₹76.2229 Jun 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE17.38 L @ ₹76.1929 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 11 Sep 2026
See the official result
1
To Consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
85.60 L votes for, 3,660 against · 0% of mutual funds and other big investors said no
2
To appoint Mr. Nakul Markhedkar (DIN: 07028044), who retires by rotation, as a Director
Backed by 100% of shareholders other than promotersneeded 50%
78.53 L votes for, 8,762 against · 0% of mutual funds and other big investors said no
3
To declare dividend on equity shares for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
78.55 L votes for, 6,375 against · 0% of mutual funds and other big investors said no
4
To approve amendment of the Object Clause of the Memorandum of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
78.58 L votes for, 3,412 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 29 named members
owning 56.3% between them · as of 2026-06-30
RAKESH ASHOK MARKHEDKAR40.06%
KANCHAN RAKESH MARKHEDKAR5.16%
Nakul Markhedkar5.16%
VIPUL MARKHEDKAR5.16%
Vikran Global Infraprojects Private Limited0.73%
Abhishek Suleno shares
Achintya Nakul Markhedkarno shares
Anajali Shirahattino shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹772 cr raised in Sep 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.

₹721 cr raised in Sep 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. Care India Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.