Vikran Engineering Limited
52.57
INR
-2.00
(-3.67%)
ISIN
INE01R501028
Return %
Stock
S&P 500
1Y
-47.96
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Rakesh Ashok Markhedkar
- Full Time Employees
- 881
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Thane India
- Website
- vikrangroup.com
- Similar Companies
- Business
- Vikran Engineering Limited is an India-based engineering, procurement, and construction (EPC) company that specializes in executing turnkey infrastructure projects across the power, water, railway, and renewable energy sectors. Founded in 2008 and headquartered in Mumbai, Maharashtra, India, the company operates an asset-light business model providing end-to-end services ranging from project conceptualization, feasibility study, and engineering design to procurement, fabrication, civil construction, installation, testing, and commissioning. Vikran Engineering primarily serves state electricity boards, central and state government agencies, public sector undertakings (PSUs), and private industrial clients across various regions of India. The company organizes its primary operations and offerings into specialized infrastructure segments: Power Infrastructure, providing engineering and construction of high-voltage transmission lines up to 765 kV; Extra High Voltage (EHV) substations, including up to 765 kV Air-Insulated Substations (AIS) and 400 kV Gas-Insulated Substations (GIS); rural and urban power distribution network modernization; feeder segregation; and advanced smart metering infrastructure installations; Renewable Energy, offering comprehensive EPC solutions for utility-scale ground-mounted solar power plants, rooftop solar systems, and grid-integration infrastructure; Water Infrastructure, executing turnkey surface water extraction systems, water treatment plants (WTPs), overhead service reservoirs (OHSR), intake wells, and trunk pipe distribution networks, notably supporting national initiatives such as the Jal Jeevan Mission; Railway Infrastructure, delivering 25 kV AC overhead railway electrification, traction substations, switching stations, and signaling and telecommunication network installations; and Civil & Industrial Infrastructure, executing industrial structural frameworks and municipal civil engineering projects. In recent corporate developments, Vikran Engineering completed an initial public offering (IPO) raising INR 772 crore in August 2025 and listed its equity shares on the National Stock Exchange of India (NSE) and BSE Limited in September 2025 under the ticker VIKRAN, utilizing the net proceeds to finance expanding working capital requirements and corporate growth initiatives. In May 2026, the company further strengthened its renewable energy EPC footprint by acquiring the remaining 51 percent stake in NOPL Solar Projects to make it a wholly owned subsidiary. Operationally, the company has continued to scale its transmission portfolio, including the successful commissioning of the 132 kV Miao-Namsai transmission line in Arunachal Pradesh in July 2026, alongside ongoing expansions into high-capacity renewable energy installations and smart grid automation across pan-Indian markets.