Founded in 2008, Vikran Engineering is a rapidly growing Engineering, Procurement, and Construction (EPC) company headquartered in Thane, Maharashtra. The company specialises in turnkey infrastructure projects across power transmission (up to 765 kV), substations (AIS/GIS up to 400 kV), water supply, and railway electrification sectors.

With a presence in over 17 Indian states, Vikran has completed 44 projects and is currently executing 34 more. Its clientele includes prominent government and public sector entities such as NTPC Limited, Uttar Pradesh Water Supply and Sanitation Mission, Andhra Pradesh Central Power Distribution Corporation Limited, MP Power Transmission Company Ltd, and South Bihar Power Distribution Company Ltd. The company has reported a revenue of ₹243.2 crore and a net profit of ₹27.89 crore in FY2024, reflecting a 19% CAGR in sales and over 80% CAGR in net profit over the past five years.

• Diversified project portfolio across power, water, and railway sectors with comprehensive EPC capabilities
• Strong track record with 44 completed and 34 ongoing projects spanning across 17 Indian states
• Established relationships with major government and public sector clients including NTPC and state power boards
• Robust financial growth trajectory with significant CAGR in sales and net profit over the past five years
• Successful capital raising of over ₹100 crore in pre-IPO funding rounds demonstrating investor confidence

• High dependence on government contracts creates exposure to policy changes and budgetary constraints
• Working capital-intensive operations may affect liquidity during extended project execution cycles
• Exposure to regulatory and environmental compliance risks inherent in infrastructure project development
• Potential delays in project execution due to unforeseen site conditions, approvals, or external factors
• Concentration risk if significant revenue portion is derived from a limited number of large clients

Application statistics recorded at 5:00 PM on August 29, 2025: