Vikran Engineering Limited Q3 FY26 results deck summary

Results deck of 14 Feb 2026, summarised by AI from the filing.

Vikran Engineering Q3 FY26 revenue ₹266.5 cr, order book ₹4,986.6 cr as on 31st Dec, 2025, with operating leverage expected as solar projects advance.

Key takeaways

1. Q3 FY26 revenue Revenue from operations ₹266.5 cr (Q3 FY25: ₹265.2 cr, +0.5%; Q2 FY26: ₹176.3 cr, +51.2%).
2. Operating leverage Management expects operating leverage benefits as solar projects move into advanced execution phases.
3. Order book Total order book rose to ₹4,986.6 cr as on 31st Dec, 2025 from ₹2,044.3 cr as on 31st Mar, 2025.
4. Solar orders Large-format solar orders secured during FY26 materially enhanced revenue visibility.
5. Margin pressure Margins during the period reflect execution ramp-up and project mix dynamics.

Original filing on BSE

Vikran Engineering Limited Q1 FY27 results

As filed: Revenue ₹204 cr (+28% year on year), EBITDA ₹28.0 cr (+27% year on year), PAT ₹17.5 cr (+192% year on year), EBITDA margin 13.7% (−10 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹647 cr, EBITDA ₹92.2 cr, PAT ₹56.0 cr, EBITDA margin 14.2%. Not scored. No result for the same quarter last year. Share price after the results: +15.2% in 28 days (Nifty 500: +2.2%).
• Q3 FY26: Revenue ₹266 cr, EBITDA ₹34.9 cr, PAT ₹20.9 cr, EBITDA margin 13.1%. Not scored. No result for the same quarter last year. Share price after the results: −29.9% in 28 days (Nifty 500: −8.2%).
• Q2 FY26: Revenue ₹176 cr, EBITDA ₹26.0 cr, PAT ₹9.0 cr, EBITDA margin 14.8%. Not scored. No result for the same quarter last year. Share price after the results: −6.5% in 30 days (Nifty 500: −0.8%).
• Q1 FY26: Revenue ₹159 cr, EBITDA ₹22.0 cr, PAT ₹6.0 cr, EBITDA margin 13.8%. Not scored. No result for the same quarter last year. Share price after the results: −9.8% in 29 days (Nifty 500: +1.6%).

Past price moves after results do not indicate future moves. Not a recommendation.

Vikran Engineering Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (12 Aug 2026), Results deck (11 Aug 2026), Results deck (13 Aug 2026)
• Q4 FY26: Earnings call (26 May 2026), Results deck (23 May 2026), Results deck (25 May 2026), Results press release (22 May 2026)
• Q3 FY26: Results deck (14 Feb 2026)
• Q2 FY26: Earnings call (11 Nov 2025), Results deck (10 Nov 2025), Results press release (10 Nov 2025)
• Other events: Strategy deck (2 Jul 2026)