Vikran Engineering Limited

Vikran Engineering Limited - construction in Thane, Maharashtra, India. FY 2026 financials and compliance.
CIN L93000MH2008PLC272209 Incorporated 04 June 2008 ROC Mumbai HQ Thane, Maharashtra, India
Active Listed Public Limited Company construction
Data last updated
Revenue · FY 2025
₹922.36 Cr
▲ 17.00% YoY
EBITDA · FY 2025
*****
▲ 20.00% YoY
Net profit · FY 2025
*****
▲ 4.00% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹25.79 Cr
Issued & subscribed
Open charges
₹718.53 Cr
Satisfied ₹1,162.19 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
1,045
Latest available

About Vikran Engineering Limited

Data last updated: 02 July 2026

Vikran Engineering Limited is a public limited company based in Thane, Maharashtra, India. It specialises in railways, a part of the broader construction sector. Incorporated on 04 June 2008, the company has been in operation for over 18 years.

Registered with ROC Mumbai under CIN U93000MH2008PTC272209. Listed.

Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.79 Cr. Formerly known as Ratangiri Financial Advisory Private Limited and Vikran Engineering Limited. It is led by directors including Avinash Ashok Markhedkar and Rakesh Ashok Markhedkar.

Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: 3 B Wing 3Rd Floor Ashar It Park, Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹922.36 Cr, a growth of 17% compared to the previous year.

The company has a workforce of approximately 1,045 employees as per the latest available data.

The company is associated with 1 brand - Vikran Group. As per MCA filings, the company has open charges of ₹718.53 Cr and satisfied charges of ₹1,162.19 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikrangroup.com.

Company Details of Vikran Engineering Limited
CIN L93000MH2008PLC272209
Registration Number 272209
Incorporation Date 04 June 2008
ROC Mumbai
Listing Status Listed
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Rakesh Ashok Markhedkar Managing Director Avinash Ashok Markhedkar Whole-Time Director Nakul Markhedkar Whole-Time Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    B – 2 & B – 3 B Wing 3Rd Floor Ashar It Park, Road No. 16 – Z Wagle Industrial Estate, Thane, Maharashtra, India – 400604
  • Industry
    Construction, Railways, Roads, Utility Projects
Company report
Vikran Engineering Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Vikran Engineering Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Vikran Engineering Limited

Vikran Engineering Limited has undergone 2 name changes throughout its history. The company was previously known as Ratangiri Financial Advisory Private Limited, and Vikran Engineering Limited. The current legal name is Vikran Engineering Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Vikran Engineering Limited Current
Ratangiri Financial Advisory Private Limited Previous

CIN History of Vikran Engineering Limited

Vikran Engineering Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L93000MH2008PLC272209, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L93000MH2008PLC272209 Current
U93000MH2008PTC272209 Previous
U74140WB2008PTC126384 Previous
U93000MH2008PLC272209 Previous
U93000WB2008PTC126384 Previous

Associated Brands with Vikran Engineering Limited

Vikran Engineering Limited operates one associated brand: Vikran Group. These brands represent Vikran Engineering Limited's diversified market presence and brand portfolio.

Brand Description Website
Vikran Group
Electricity is supplied with integrated services for power infrastructure projects. vikrangroup.com

Business Activity of Vikran Engineering Limited

Vikran Engineering Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F2 Roads, railways, Utility projects *********

Board of Directors of Vikran Engineering Limited

Vikran Engineering Limited is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Avinash Ashok Markhedkar
Also directs: Seu India Performance Excellence Llp
Whole-Time Director 02 Nov 2015 10 Years 8 Months Current
Rakesh Ashok Markhedkar
Also directs: Sarvapalaka Vanijya Private Limited, Florence Multimedia Private Limited
Managing Director 20 Nov 2015 10 Years 7 Months Current
Priti Paras Savla
Also directs: Pitti Engineering Limited, Irb Infrastructure Developers Limited, Apcotex Industries Limited and 5 more
Director 24 Sep 2024 1 Years 9 Months Current
Rakesh Kumar Sharma
Also directs: Bergen Semicon Materials Private Limited, Bergen Green Technologies Private Limited
Director 24 Sep 2024 1 Years 9 Months Current
Arun Bhagwan Unhale Director 24 Sep 2024 1 Years 9 Months Current
Nakul Markhedkar
Also directs: Swarnayug Developers Llp, Vikran Renewable Private Limited, Vikran Mp Solar Private Limited and 3 more
Whole-Time Director 01 Feb 2024 2 Years 5 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Vikran Engineering Limited FY 2025 filings available

Vikran Engineering Limited reported revenue of ₹922.36 Cr (up 17% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹922.36 Cr ▲ 17%
Profit
***** ▲ 4%
EBITDA
***** ▲ 20%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Vikran Engineering Limited

Open charges
₹718.53 Cr
Satisfied charges
₹1,162.19 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹652.33 Cr
Others₹66.20 Cr
Latest charge details
DateLenderAmountStatus
27 Mar 2026 Others ₹50 Cr Open
14 May 2025 Idbi Trusteeship Services Limited ₹602.33 Cr Open
17 Apr 2025 Idbi Trusteeship Services Limited ₹25 Cr Open
27 Feb 2025 Others ₹15 Cr Open
31 Oct 2024 Others ₹1.2 Cr Open

Total charge records: 30 View all charges

Employees and EPFO Compliance at Vikran Engineering Limited

View historical data on people associated with Vikran Engineering Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Vikran Engineering Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Vikran Engineering Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Vikran Engineering Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Vikran Engineering Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Vikran Engineering Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Vikran Engineering Limited

MSME Payment Delays by Vikran Engineering Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Vikran Engineering Limited

Subsidiaries & Group Companies of Vikran Engineering Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Vikran Engineering Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Vikran Engineering Limited

MCA Filings & Documents of Vikran Engineering Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Vikran Engineering Limited

Charges
27 Mar 2026
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101276582 was registered on 27 Mar 2026.
Charges
17 Feb 2026
A charge with Idbi Trusteeship Services Limited of Rs. 25.00 Cr registered on 23 Oct 2024 with Charge ID 101015083 was modified on 17 Feb 2026.
Charges
10 Sep 2025
A charge registered on 22 Aug 2023 via Charge ID 100785245 with Others was fully satisfied on 10 Sep 2025.
Activity
25 Aug 2025
Vikran Engineering Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Charges
04 Jul 2025
A charge registered on 03 Feb 2025 via Charge ID 101065286 with Canara Bank was fully satisfied on 04 Jul 2025.
Charges
03 Jul 2025
A charge registered on 09 Nov 2021 via Charge ID 100513311 with Others was fully satisfied on 03 Jul 2025.

Frequently Asked Questions about Vikran Engineering Limited

Vikran Engineering Limited is an active public limited company in the construction sector based in Thane, Maharashtra, India. It was incorporated on 04 June 2008 (18+ years old) and is registered under CIN L93000MH2008PLC272209. The company has 1,045 employees.

Vikran Engineering Limited reported revenue of ₹922.36 Cr for FY 2025 (up 17.00% YoY).

The current directors of Vikran Engineering Limited are:

The primary industry of Vikran Engineering Limited is construction. The company specifically operates in railways. The company is currently active in this sector.

Yes, Vikran Engineering Limited is a listed company.

Vikran Engineering Limited can be reached at the registered office: B – 2 & B – 3 B Wing 3Rd Floor Ashar It Park, Road No. 16 – Z Wagle Industrial Estate, Thane, Maharashtra, India – 400604, or through the website vikrangroup.com.

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