VI
Vikram Solar Ltd (VIKRAMSOLR)
₹166.30
Mkt cap
₹6,008 Cr
P/E ratio
16.70
P/B
1.90
Div yield
0.00%
ROE
21.40%
ROCE
30.60%
EPS (TTM)
₹9.96
Book value
₹88
52W range
157–379
Sector
Industrials
Price history
Previous close
Incorporated in 2005, Vikram Solar Ltd manufactures solar PV modules and also provides EPC and O&M services. [1]
NSE VIKRAMSOLRBSE 544488
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthHigh
TechnicalsBearish
52-week range
−56.10% from high₹166
₹157+6.06% from low₹379
Current
₹166.30
Prev close
₹166.30
Day
0.00%
Price performance
1D
0.00%
1W
−1.99%
1M
+6.06%
3M
−22.03%
6M
−2.69%
1Y
−48.91%
YTD
−30.65%
Financials
Revenue, profit & margin
P/E ratio
16.7×
VIKRAMSOLR is 35% below the sector median of 25.6×
VIKRAMSOLR16.7×
Sector median25.6×
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 631 | 573 | 1,026 | 1,194 | 1,134 | 1,110 | 1,106 | 1,453 | 1,563 | |
| Expenses | 519 | 501 | 941 | 970 | 891 | 875 | 901 | 1,218 | 1,437 | |
| Operating Profit | 111 | 72 | 85 | 224 | 242 | 235 | 205 | 234 | 126 | |
| OPM % | 18% | 13% | 8% | 19% | 21% | 21% | 19% | 16% | 8% | |
| Other Income | 6 | 11 | 12 | 8 | 4 | 16 | 15 | 18 | 13 | |
| Interest | 45 | 34 | 28 | 48 | 32 | 32 | 40 | 57 | 49 | |
| Depreciation | 37 | 37 | 39 | 42 | 34 | 35 | 37 | 57 | 64 | |
| Profit before tax | 36 | 11 | 30 | 141 | 181 | 184 | 143 | 139 | 25 | |
| Tax % | 36% | 36% | 36% | 36% | 26% | 30% | 31% | 21% | 22% | |
| Net Profit | 23 | 7 | 19 | 91 | 133 | 128 | 98 | 110 | 20 | |
| EPS in Rs | 0.72 | 0.23 | 0.60 | 2.86 | 4.21 | 3.55 | 2.71 | 3.05 | 0.55 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202663.01%Promoter
Promoters63.01%
FIIs3.37%0.43
DIIs4.04%0.76
Public29.60%0.35
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹2,593.00 | 18.53 | 74,588 | 0.15% | 892 | +14.09% | 7,932 | +79.22% | 38.78% |
| APARINDS | ₹17,728.00 | 61.59 | 74,231 | 0.34% | 467 | +77.80% | 6,591 | +29.13% | 31.81% |
| PREMIERENE | ₹990.00 | 26.99 | 44,941 | 0.10% | 472 | +50.45% | 2,463 | +35.25% | 33.32% |
| MTARTECH | ₹7,519.00 | 168.46 | 23,128 | 0.00% | 51 | +349.69% | 361 | +130.37% | 15.20% |
| EMMVEE | ₹325.20 | 17.67 | 22,515 | 0.00% | 380 | +102.64% | 1,556 | +51.34% | 44.83% |
| DIACABS | ₹332.60 | 107.24 | 19,892 | 0.00% | 57 | +197.81% | 707 | +132.98% | 24.20% |
| AVALON | ₹2,352.50 | 117.65 | 15,717 | 0.00% | 35 | +145.39% | 484 | +49.83% | 19.54% |
| VIKRAMSOLR | ₹165.81 | 16.66 | 6,008 | 0.00% | 20 | −85.17% | 1,563 | +37.89% | 30.56% |
| Median: 60 Co. | ₹333.30 | 25.57 | 817 | 0.00% | 8 | +29.53% | 135 | +32.37% | 21.57% |
Filings
Annual reports2
Concall transcripts15
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Acquisition 26 Aug - Vikram Solar acquired 100% of Vikram Solar Australia Pty Ltd for USD 50,000 on August 26, 2026.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 13 AugAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Aug - Schedule of Analyst/Institutional Investor meeting which is self explanatoryAnnouncement under Regulation 30 (LODR)-Credit Rating 12 Aug - India Ratings affirmed Vikram Solar’s A+/A1+ rating and raised rated bank facilities to Rs. 4,000 crore.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 7 Aug - Audio link uploaded for Q1FY27 earnings conference call held on August 7, 2026.