Thursday, 8 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange

Vikran Engineering Ltd

NSE: VIKRAN · BSE: 544496 · General Industrials · 72 announcements

Vikran Engineering Ltd news stories on ALFA NewsRead the news →
Share price
₹57.85
Market cap
₹1,492 Cr
Revenue (annual)
₹1,249 Cr
Net profit (annual)
₹91.70 Cr
P/E (TTM)
16.6×Sector 53.9×
Promoter holding
56.27%+0.00% QoQ
FII holding
1.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

11:48 IST NSE
Business Update

Vikran Engineering Business Update

Vikran Engineering terminated a 100 MW AC solar EPC contract with Ellume Energy MH Solar One due to client delays. The company expects no material impact on operations.

11:44 IST NSE
Business Update

Vikran Engineering Business Update

Vikran Engineering cancelled a solar EPC contract worth ₹3517.98 Crore. The 969 MW AC project will be executed directly with its subsidiary NOPL.

Value
₹3,518 Cr
Execution
12 Months
14:16 IST BSE
Adverse Business Impact

Vikran Engineering Adverse Business Impact

Vikran Engineering reported the cancellation of a Rs.354.21 crore solar project order. The termination resulted from prolonged delays in client project readiness.

Value
₹354.2 Cr
00:12 IST NSE
New Order Win

Vikran Engineering Bags ₹3,518 Cr Order

Vikran Engineering received a Rs.3,517.98 Crore EPC order from NOPL for a 969 MW solar project. The project execution period is 12 months.

Value
₹3,518 Cr
Execution
12 months
16:47 IST NSE
Credit Rating

Vikran Engineering Credit Rating

India Ratings assigned IND BBB+/Stable rating to Vikran Engineering's proposed NCDs of ₹50 Crore. This enhances the company's debt-raising credibility.

Value
₹50.00 Cr
17:18 IST NSE
New Order Win

Vikran Engineering Bags ₹530.8 Cr Order

Vikran Engineering Limited secured two turnkey contracts worth ₹530.8 Crore for substation and transmission line works. Projects are scheduled for completion within 21 months.

Value
₹530.8 Cr
Execution
21 Months
17:50 IST BSE
Credit Rating

Vikran Engineering Credit Rating

India Ratings downgraded Vikran Engineering's long-term ratings to IND BBB+/Stable from IND A-/Negative. The revision reflects order book concentration and equity infusion needs for a solar project.

13:07 IST BSE
Debt & Borrowing

Vikran Engineering Debt & Borrowing: ₹20 Cr

Vikran Engineering Limited allotted 40 secured NCDs totaling ₹20 Crore via private placement. The unlisted instruments carry an 11% coupon and a 24-month tenure.

Value
₹20.00 Cr
Execution
24 Months
11:04 IST BSE
Debt & Borrowing

Vikran Engineering Debt & Borrowing: ₹10 Cr

Vikran Engineering Limited allotted secured, unlisted, non-convertible debentures (NCDs) worth ₹10 Crore on a private placement basis. The 24-month instruments carry an 11% coupon rate.

Value
₹10.00 Cr
Execution
24 Months
10:15 IST BSE
Other Announcement

Vikran Engineering Other Announcement

Vikran Engineering Limited submitted its Annual Secretarial Compliance Report for the financial year 2026. The report confirms overall regulatory adherence with minor historical observations regarding disclosure delays.

17:01 IST NSE
Earnings Call

Vikran Engineering Earnings Call: Key Takeaways

Vikran Engineering transitions into a solar-led EPC and developer role with the NOPL acquisition, achieving record FY26 revenue despite margin pressure and working capital stretches.

17:07 IST NSE
Dividend

Vikran Engineering Dividend

Vikran Engineering Limited recommended a final dividend of ₹0.18 per equity share for 2026. The record date and general meeting details will be shared later.

20:39 IST BSE
Management Change

Vikran Engineering Management Change

Mr. Mukhesh Nandan Jha has resigned as Senior General Manager - Procurement at Vikran Engineering Limited. His departure is effective from June 20, 2026.

20:36 IST NSE
Results Update

Vikran Engineering Results Update

Vikran Engineering reported FY26 revenue of ₹1,249.3 Crore, up 36.4% YoY. The firm's order book stands at ₹5,737 Crore, driven by significant Solar EPC growth.

Value
₹1,249 Cr
19:43 IST BSE
Financial Results

Vikran Engineering Q4 FY26 Results: Net Profit ₹56 Cr, Up 48.1% YoY

Vikran Engineering Ltd reported revenue from operations of ₹647.4 Cr (+82.2% YoY) and net profit of ₹56 Cr (+48.1% YoY) for Q4 FY26.

Key figure
Net profit ₹56 Cr · +48.1% YoY
19:42 IST BSE
Financial Results

Vikran Engineering Financial Results

Vikran Engineering approved audited FY26 results and recommended a 18% dividend. The board also authorized a ₹400 Crore fund raise through debt securities.

Value
₹400.0 Cr
01:55 IST BSE
Debt & Borrowing

Vikran Engineering Debt & Borrowing: ₹49.15 Cr

Vikran Engineering Limited closed a ₹49.15 Crore loan arrangement with Onix Renewable Limited. The settlement involved share acquisitions and working capital adjustments.

Value
₹49.15 Cr
01:49 IST BSE
Acquisition

Vikran Engineering Acquisition Worth ₹5.1 Cr

Vikran Engineering acquired a 51% stake in NOPL Solar Projects for ₹5.10 Crore. This acquisition makes the target entity a wholly-owned subsidiary of the company.

Value
₹5.10 Cr
23:08 IST BSE
Board Meeting Date

Vikran Engineering Board Meeting Date

Vikran Engineering scheduled a board meeting on May 22, 2026, to approve audited FY26 results. Directors will also consider a dividend and raising ₹400 Crore.

18:18 IST BSE
Acquisition

Vikran Engineering Acquisition Worth ₹4.9 Cr

Vikran Engineering completed the ₹4.90 Crore acquisition of a 49% stake in NOPL Solar Projects. This strategic investment expands its renewable energy footprint in Maharashtra.

Value
₹4.90 Cr
Execution
Completed on 15th May 2026
18:21 IST NSE
Acquisition

Vikran Engineering Acquisition Worth ₹4.9 Cr

Vikran Engineering completed acquiring a 49% stake in NOPL Solar Projects for ₹4.90 Crore. This acquisition expands its renewable energy footprint in Maharashtra.

Value
₹4.90 Cr
17:59 IST NSE
Merger & Restructuring

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited incorporated a new wholly-owned subsidiary, Vikran For Good Foundation, on May 4, 2026. The Section 8 company was formed with a cash consideration of ₹0.01 Crore to undertake CSR initiatives in healthcare, education, and environmental sustainability.

Value
₹0.01 Cr
18:45 IST BSE
Merger & Restructuring

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited incorporated 'VIKRAN For Good Foundation' as a wholly owned Section 8 subsidiary on May 4, 2026. The new entity, with a paid-up capital of ₹0.01 Crore, will undertake the company's charitable and CSR initiatives.

Value
₹0.01 Cr
18:40 IST BSE
Merger & Restructuring

Vikran Engineering Merger & Restructuring Worth ₹0.01 Cr

Vikran Engineering Limited has incorporated a wholly owned subsidiary, Vikran Renewable Private Limited, with a paid-up capital of ₹0.01 Crore. The new entity will focus on developing and operating integrated renewable energy projects, aligning with the company's long-term business strategy in the green energy sector.

Value
₹0.01 Cr
13:07 IST NSE
Production Started

Vikran Engineering Production Started

Vikran Engineering Limited has commissioned its second 5 MW solar power plant in Ambijalgaon, Maharashtra, under the PM KUSUM Scheme. The plant is expected to generate 10,000 MWh of clean energy annually for agricultural irrigation. This operational milestone advances the company's 600 MW solar pipeline and strategic expansion into renewable energy infrastructure.

18:44 IST BSE
Debt & Borrowing

Vikran Engineering Debt & Borrowing: ₹45.84 Cr

Vikran Engineering Limited confirmed it is not a Large Corporate for FY 2026-27 under SEBI debt-raising framework. The company reported outstanding long-term borrowings of ₹45.84 Crore as of March 31, 2026, and maintains an 'IND A-/ Negative' credit rating from India Ratings and Research.

Value
₹45.84 Cr
00:42 IST BSE
Debt & Borrowing

Vikran Engineering Debt & Borrowing: ₹50 Cr

Vikran Engineering Limited has successfully allotted ₹50 Crore worth of Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The issue comprises two tranches with an 11% p.a. fixed coupon rate and a two-year tenure maturing in April 2028.

Value
₹50.00 Cr
Execution
2 years