Vikran Engineering MD, chairman and AGM
NSE: VIKRANBSE: 544496ConstructionSmall Cap
Share price at the NSE close on 2 Nov 2026. Previous close ₹52.54.
2 Nov: open ₹52.90, high ₹54.24, low ₹52.21
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,385 Cr1,181st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 13.37
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed. Price to book: how it is worked out
- 1.12
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.34%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record.
- 8.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 11.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed.
- 0.24
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 7,50,78036.2% delivered
Vikran Engineering's chairperson and managing director is RAKESH ASHOK MARKHEDKAR, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 11 Sep 2026.
Vikran Engineering board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorRAKESH ASHOK MARKHEDKAR
- Company Secretary and Compliance OfficerMs. Kajal Rakholiya
6 directors3 independent3 executive
- RAKESH ASHOK MARKHEDKAR · Chairperson and managing directorExecutive · joined Nov 2015 · reappointed Sep 2024 · 1 listed board · 1 committee seat
- AVINASH ASHOK MARKHEDKARExecutive · joined Nov 2015 · reappointed Sep 2024 · 1 listed board
- NAKUL MARKHEDKARExecutive · joined Feb 2024 · reappointed Sep 2024 · 1 listed board · 2 committee seats
- ARUN BHAGWAN UNHALEIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RAKESH KUMAR SHARMAIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent
- PRITI PARAS SAVLAIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 4 listed boards · 4 as independent · 8 committee seats, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Sep 20266 of 6 present3 independent · 49 days in between
- 11 Aug 20266 of 6 present3 independent · 31 days in between
- 10 Jul 20266 of 6 present3 independent · 48 days in between
- 22 May 20266 of 6 present3 independent · 35 days in between
1 earlier meeting
- 16 Apr 20266 of 6 present3 independent
Audit Committee
Chair PRITI PARAS SAVLA
RAKESH KUMAR SHARMA, NAKUL MARKHEDKAR
- 30 Sep 20263 of 3 present2 independent · 49 days in between
- 11 Aug 20263 of 3 present2 independent · 80 days in between
- 22 May 20263 of 3 present2 independent · 35 days in between
- 16 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RAKESH KUMAR SHARMA
PRITI PARAS SAVLA, ARUN BHAGWAN UNHALE
- 11 Aug 20263 of 3 present3 independent · 80 days in between
- 22 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ARUN BHAGWAN UNHALE
RAKESH ASHOK MARKHEDKAR, NAKUL MARKHEDKAR
- 11 Aug 20263 of 3 present1 independent · 80 days in between
- 22 May 20263 of 3 present1 independent
Risk Management Committee
Chair NAKUL MARKHEDKAR
RAKESH ASHOK MARKHEDKAR, RAKESH KUMAR SHARMA
- 11 Aug 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair AVINASH ASHOK MARKHEDKAR
ARUN BHAGWAN UNHALE, RAKESH ASHOK MARKHEDKAR
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Walker Chandiok & Co LLP, Chartered AccountantsPeer-review certificate valid to May 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Vikran Engineering AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vikran Engineering dividend history
Annual general meeting, 11 Sep 2026
1,25,617 shareholders on the register on 4 Sep 2026; present: 6 promoters and 49 others; votes counted by GEETA CANABAR / GEETA CANABAR & ASSOCIATES.
To Consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 58.86% · promoters 98.70% · institutions 26.81% · other public 4.21%
- To appoint Mr. Nakul Markhedkar (DIN: 07028044), who retires by rotation, as a DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To declare dividend on equity shares for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To approve amendment of the Object Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To approve alteration of the Articles of Association of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To approve limits under Section 180(1)(a) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To approve borrowing limits under Section 180(1)(c) of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To approve limits under Section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
To grant approval for payment of remuneration to Mrs. Kanchan Markhedkar, Key Managerial Personnel (KMP) and Chief Human Resource Officer (CHRO) of the Company, being a related party for holding an office or place of profit in the CompanyMoreLess
OrdinaryPromoters have an interest in it99.90% for0.10% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 3.05% · promoters 0.00% · institutions 22.65% · other public 4.21%
To grant approval for payment of remuneration to Mr. Vipul Markhedkar, Key Managerial Personnel (KMP) And Chief Business Officer (CBO) of the Company, being a related party for holding an office or place of profit in the CompanyMoreLess
OrdinaryPromoters have an interest in it99.92% for0.08% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 3.05% · promoters 0.00% · institutions 22.65% · other public 4.21%
To Issue Senior, Secured/Unsecured, Rated, Listed/Unlisted, Taxable, Redeemable, Non-Convertible Debentures/Market Linked Debentures ("NCDs") or other Debt Securities, on a Private Placement and/or Public Issue Basis for an amount not exceeding Rs. 1000 CroresMoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 58.59% · promoters 98.70% · institutions 22.65% · other public 4.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyOffice of State Taxes Officer, Jurisdiction: Kashmir, State/UT: Jammu and Kashmir (GST Department)Since 22 Aug 2026
Show Cause Notice cum order in Form GST DRC-01, issued under Section 129(3) of the CGST Act, 2017 for detention of goods in transit.
Goods found in transit without a valid E Way Bill and valid tax invoice, in contravention of Section 129(1) of the CGST Act, 2017, for the tax period August 2026. Total penalty of ₹4,01,400/- levied under Section 129(1)(a) of the CGST Act, 2017 and paid on 22nd August 2026.MoreLess
- Tax disputeDCIT(Central Circle-1), ThaneSince 31 Mar 2022Closed. ITAT pronounced order on 16/09/2026 in favour of the Company.
At the filing before: After multiple hearings and adjournments by the deparment,the matter is now listed for final hearing on 16/04/2026. since The Ld DR seeks time to obtain clarification from the concerned officer considering the peculiarity of case last opportunity is given to department.MoreLess
- Tax disputeDCIT(Central Circle-1), ThaneSince 31 Mar 2022Waiting for Order.At the filing before: Rectification of Order is in process, not yet received
- Tax disputeCommissioner (Appeals), ThaneSince 21 Jul 2023Awaiting for Personal Hearing.At the filing before: Tribunal Appeal filed on 26-06-2026
- Tax disputeJoint Commissioner, CGST & Central Excise, IndoreSince 24 Dec 2024Awaiting for Personal Hearing.At the filing before: Tribunal Appeal filed on 26-06-2026
- Tax disputeCommissioner (Appeals), PatnaSince 26 Aug 2024Final order received. The proceedings are dropped - ClosedAt the filing before: Awaing for Appeal Order
- Tax disputeDeputy Commissioner, State Tax, Thane, Div-05Since 28 Jul 2024Filed. Awaiting for Personal Hearing.At the filing before: Tribunal Appeal filed on 30-03-2026
- Tax disputeAssistant Commissioner State Tax, Anti Evasion Bureu - A, IndoreSince 20 Feb 2019Filed. Awaiting for Personal Hearing.At the filing before: Tribunal Appeal filed on 26-06-2026
13 more
- Tax disputeOffice of the Deputy Commissioner - Uttar PradeshSince 18 Nov 2025Awaiting for Order.At the filing before: Personal hearing is going on & asked for the documents to submit
- Tax disputeState Taxes Officer,Circle Samba I, Jammu KashmirSince 24 Jan 2026Reply to be submitted.At the filing before: reply submitted on 28-01-2026 till no response
- Tax disputeCommissioner's, Appeal, Indore, Madhya PradeshSince 16 Jan 2026Filed. Awaiting for Personal Hearing.At the filing before: Tribunal Appeal filed on 26-06-2026
- Tax disputeOffice of the Deputy Commissioner, Rajasthan, ANU KUMARI FY 21-22Since 9 Dec 2025Appeal filed. Awaiting for Personal Hearing.At the filing before: No Further communication from Officer.
- Tax disputeCGST & CX, Range- I, RANCHI NORTH DIVISION, JharkhandSince 7 Jul 2026Closed
- Tax disputeCommercial Tax Officer - OFFICE OF THE TIRUNELVELI:Tamil NaduSince 6 Aug 2026Reply filed on 04-09-2026At the filing before: NA (Show Cause Notice)
- Tax disputeAssistant Commissioner, CGST & CX Ranchi, Ranchi South DivisionSince 11 Aug 2026Details submitted. Awaiting for order.At the filing before: NA (Show Cause Notice)
- Tax disputeState Taxes Officer Circle Samba I-Jammu; Jammu and KashmirSince 24 Aug 2026Reply to be submitted by 30-10-2026At the filing before: NA (Show Cause Notice)
- Tax disputeCommercial Tax Officer, (Tamil Nadu), (TIRUNELVELI)Since 19 Sep 2026Details submitted. Waiting for order.At the filing before: NA (Show Cause Notice)
- Tax disputeAdditional Comissioner, Patna I Ranchi CBICSince 22 Sep 2026Details submitted. Waiting for order.At the filing before: NA (Show Cause Notice)
- Tax disputeDeputy Commissioner, Circle-Vaishali Nagar, Jaipur-IVSince 24 Sep 2026Reply Filed. Awaiting Personal Hearing.At the filing before: NA (Show Cause Notice)
- Tax disputeDeputy Commissioner, Circle-Vaishali Nagar, Jaipur-IVSince 28 Sep 2026Reply Filed. Awaiting Personal Hearing.At the filing before: NA (Show Cause Notice)
- Tax disputeCircle-Vaishali Nagar, Zone-Jaipur-IV, JC/DC Ward:Circle-Vaishali Nagar, Zone-Jaipur-IV:Jaipur-IV:RajasthanSince 29 Sep 2026Reply Filed. Awaiting Personal Hearing.At the filing before: NA (Show Cause Notice)
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesSep 2025, checked by CARE RATINGS LIMITED | 772.00 | – | – | No |