VIKRAN / guidance tracker

Keep management guidance in view.

Vikran Engineering · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 revenue target: INR 2,200+ crore

Management expressed high confidence in achieving INR 2,200+ crore revenue in FY27, up 76% from FY26's INR 1,249 crore, driven by execution momentum across the expanded order book including NOPPL subsidiary contributions.

revenue

FY27 EBITDA margin: 14-15%

Management guided for EBITDA margins of 14-15% going forward, expecting recovery from FY26's 14% as early-stage solar projects mature and JJM receivables normalize with improved government payments.

margins

FY28 revenue target: INR 3,000+ crore

CEO indicated FY28 revenue visibility of 3,000+ crore based on existing order book execution trajectory, though specific FY29 projections were deemed premature to provide.

revenue

Data center EPC entry: 50-100 MW target

Company appointed EY consultant and set initial target of 50-100 MW data center EPC projects, leveraging existing capabilities in power T&D, solar, and water infrastructure. Focus on private sector clients with better cash flows.

expansion