Vikran Engineering posts video link for Rajkot investor meet

1 min read     Updated on 04 Jul 2026, 01:22 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Vikran Engineering Limited submitted the video recording link for its investor and analyst meeting held on July 2, 2026, at Rajkot. The company confirmed that discussions were based on public domain information and no Unpublished Price Sensitive Information (UPSI) was shared. The meeting was held at The Grand Regency in Rajkot.

powered bylight_fuzz_icon
43853352

*this image is generated using AI for illustrative purposes only.

Vikran Engineering Limited has submitted the video recording link for its investor and analyst meeting held on Thursday, July 2, 2026, at Rajkot. The disclosure was made to ensure transparency and provide access to the discussions held during the session. The company confirmed that the discussions were based solely on information available in the public domain, and no Unpublished Price Sensitive Information (UPSI) was shared or discussed.

The meeting was conducted as an in-person interaction at The Grand Regency, Regent Room, 1st Floor, near Mehta Petrol Pump, Opp. Gujarat Furniture, Dhebar Road, Rajkot - 360002, Gujarat. The management engaged with various investors and analysts to discuss generally available information. The company noted that changes to the schedule may occur due to exigencies on the part of the host or the company.

The video recording of the meeting is available on the company's official website. The table below summarizes the key details of the interaction:

Sr. no. Date Time Participant Type Mode Venue
1 Thursday, 02 July 2026 12.00 PM to 01.00 PM Various Investors/Analysts Investor / Analyst Group Meeting at Rajkot, Gujarat In person Meeting The Grand Regency, Regent Room, 1st Floor, Dhebar Road, Rajkot - 360002, Gujarat

The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kajal Rakholiya, Company Secretary and Compliance Officer, signed the submission on behalf of Vikran Engineering Limited.

Historical Stock Returns for Vikran Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+1.18%-0.64%+3.70%-22.47%-22.33%-22.33%

What key topics or market trends were prioritized during the discussion with analysts?

How does Vikran Engineering plan to leverage investor feedback to shape its future strategy?

Will similar investor meetings be scheduled in other regions to broaden stakeholder engagement?

Vikran Engineering FY26 net profit rises 17.8% to ₹9,170 lakh

1 min read     Updated on 04 Jul 2026, 09:18 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Vikran Engineering Limited reported a 17.8% rise in net profit to ₹9,170 lakh for FY26, with revenue from operations reaching ₹1,24,931 lakh. The Board recommended a dividend of ₹0.18 per share and approved raising funds up to ₹400 crore. Auditors issued an unmodified opinion while highlighting ongoing litigation regarding trade receivables worth ₹2,929 lakh.

powered bylight_fuzz_icon
44682474

*this image is generated using AI for illustrative purposes only.

Vikran Engineering Limited reported a net profit of ₹9,170 lakh for the financial year ended March 31, 2026, representing a 17.8% increase from ₹7,781 lakh in the previous year. Revenue from operations for the period stood at ₹1,24,931 lakh, compared to ₹91,585 lakh in FY25. The company's statutory auditors, Walker Chandio & Co LLP, issued an unmodified opinion on the standalone and consolidated financial results.

Financial Performance

The company's total income for FY26 was ₹1,26,627 lakh, up from ₹92,236 lakh in the prior year. Profit before tax for the year increased to ₹12,103 lakh from ₹11,019 lakh. For the quarter ended March 31, 2026, the company recorded a profit of ₹5,600 lakh on a total income of ₹65,420 lakh.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh)
Revenue from operations 1,24,931 91,585
Total income 1,26,627 92,236
Net profit 9,170 7,781
Earnings per share (Basic) 4.05 4.35

Board Decisions and Corporate Actions

The Board of Directors, at its meeting held on May 22, 2026, recommended a final dividend of ₹0.18 per equity share of face value ₹1 each for FY26. Additionally, the Board approved a proposal to raise funds up to ₹400 crore through the issuance of secured, rated, listed, and/or unlisted non-convertible debentures or other debt securities via private placement or public issue. The Corporate Affairs Committee has been delegated the power to finalize the terms and conditions.

Management and Operational Changes

The Board recommended the re-appointment of Nakul Markhedkar as Whole-Time Director. Vipul Markhedkar's designation was changed from Head – Business Operations to Chief Business Officer (CBO) effective May 22, 2026. The company also accepted the resignation of Mukhesh Nandan Jha, Senior General Manager-Procurement, effective June 20, 2026.

Auditor's Emphasis and Disclosures

The auditors drew attention to an ongoing litigation with a customer regarding the recoverability of a balance amounting to ₹2,929 lakh, which is pending in the Commercial Court, Jaipur. Management assessed the amount as good and recoverable; consequently, no adjustment was made in the financial results. The company also reported an exceptional expense of ₹121 lakh for the year ended March 31, 2026, primarily due to the implementation of new Labour Codes increasing gratuity and compensated absence liabilities.

Historical Stock Returns for Vikran Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+1.18%-0.64%+3.70%-22.47%-22.33%-22.33%

How does Vikran Engineering plan to utilize the ₹400 crore raised via debt securities to drive future growth?

What impact will the implementation of new Labour Codes have on the company's operational costs moving forward?

How might the ongoing litigation with the customer affect the company's financial stability and investor confidence?

More News on Vikran Engineering

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-22.33%