India, Oct. 3 -- Vikran Engineering is entering FY27 with a very different growth profile than it had a few years ago. Its established Power T&D and infrastructure businesses remain important, but solar EPC is becoming a much larger part of the story.

The company now has a sizable project pipeline, and the 969 MW NOPL solar project could drive a substantial increase in revenue over the next few quarters. But having a large order book and executing it are two different things. For Vikran, that gap is likely to be the central issue in FY27.

Shares of Vikran Engineering were trading at Rs.58.28, down 2.44% from the previous close of Rs.59.74. The stock trades at a P/E of 16.5x. The company currently has a market capitalization of Rs.1,503...