Vikram Solar Limited Share Price & Analysis
₹187.31▼ -2.02%Updated 21 Jul 2026, 05:01 pm IST
LTP
₹187.31
-2.02%
Open
₹—
High
₹192.05
Low
₹186
Close
₹187.31
52W High
₹408
52W Low
₹162
Volume
1611K
Lot Size
1
Sector
Capital Goods
Market Cap
₹7K Cr
Face Value
₹10
Mid Cap
Price Chart
Fundamentals
P/E
14.7
Sector P/E
52.7
P/B
2.25
EPS
₹13.6
ROE
21.4%
ROCE
30.6%
D/E Ratio
0.2
Div Yield
0%
Book Value
₹87.6
+
Strengths
- ✓Excellent return on equity (ROE 21.4%)
- ✓Efficient capital deployment (ROCE 30.6%)
- ✓Attractively valued vs sector (P/E 14.7x vs industry 52.7x)
- ✓Low debt relative to equity (D/E 0.2x)
- ✓Near 52-week low — potential value zone (₹162)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
VIKRAMSOLR · as of Jun 2026
Promoters63.01%
FII3.37%▲0.43
DII4.04%▼0.76
Public29.60%▲0.35
| Category | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Promoters | 63.12% | 63.01% | 63.01% | 63.01% |
| FII | 2.08% | 1.82% | 2.94% | 3.37% |
| DII | 6.20% | 4.71% | 4.80% | 4.04% |
| Public | 28.59% | 30.45% | 29.25% | 29.60% |
Latest News
All news →Vikram Solar rolls out first module from Tamil Nadu mega facility
*Vikram Solar rolls out first module from Tamil Nadu mega facility* — marking a key milestone in its expansion. The new facility strengthens its solar module manufacturing capacity, aligning with India’s renewable energy goals. Output from the Tamil Nadu plant is expected to ramp up gradually. **First module rollout signals operational progress**. 📊 *STOCKS:* VIKRAM | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #solar
NSE Filing6 Jul
Vikram Solar gets NCLAT stay on insolvency
*Vikram Solar gets NCLAT stay on insolvency*. The National Company Law Appellate Tribunal (NCLAT) has granted a stay on the insolvency process against Vikram Solar. This halts any further proceedings under the Insolvency and Bankruptcy Code for now. The company had been facing financial stress amid delays in project clearances and receivables. 📊 *STOCKS:* VIKRAMSO~E (NSE not listed for public trading) | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Insolvency
Solarbytes25 Jun
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.5K Cr ▲31.4% | ₹1.1K Cr ▼0.4% | ₹1.1K Cr ▼2.1% | ₹1.1K Cr ▼5.0% | ₹1.2K Cr ▲16.4% | ₹1.0K Cr ▲79.1% | ₹573 Cr ▼9.2% | ₹631 Cr |
| Op. Profit | ₹234 Cr ▲14.1% | ₹205 Cr ▼12.8% | ₹235 Cr ▼2.9% | ₹242 Cr ▲8.0% | ₹224 Cr ▲163.5% | ₹85 Cr ▲18.1% | ₹72 Cr ▼35.1% | ₹111 Cr |
| OPM | 16.0% ▼15.8% | 19.0% ▼9.5% | 21.0% ▲0.0% | 21.0% ▲10.5% | 19.0% ▲137.5% | 8.0% ▼38.5% | 13.0% ▼27.8% | 18.0% |
| Net Profit | ₹110 Cr ▲12.2% | ₹98 Cr ▼23.4% | ₹128 Cr ▼3.8% | ₹133 Cr ▲46.2% | ₹91 Cr ▲378.9% | ₹19 Cr ▲171.4% | ₹7 Cr ▼69.6% | ₹23 Cr |
| EPS (₹) | 3.05 ▲12.5% | 2.71 ▼23.7% | 3.55 ▼15.7% | 4.21 ▲47.2% | 2.86 ▲376.7% | 0.6 ▲160.9% | 0.23 ▼68.1% | 0.72 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹4.8K Cr ▲40.6% | ₹3.4K Cr ▲36.0% | ₹2.5K Cr ▲21.1% | ₹2.1K Cr ▲19.8% | ₹1.7K Cr ▲7.5% | ₹1.6K Cr ▼1.8% | ₹1.6K Cr |
| Expenses | ₹3.9K Cr ▲32.9% | ₹2.9K Cr ▲38.5% | ₹2.1K Cr ▲12.0% | ₹1.9K Cr ▲12.8% | ₹1.7K Cr ▲16.7% | ₹1.4K Cr ▼4.5% | ₹1.5K Cr |
| Op. Profit | ₹916 Cr ▲86.6% | ₹491 Cr ▲23.1% | ₹399 Cr ▲113.4% | ₹187 Cr ▲216.9% | ₹59 Cr ▼66.7% | ₹177 Cr ▲26.4% | ₹140 Cr |
| OPM | 19.0% ▲35.7% | 14.0% ▼12.5% | 16.0% ▲77.8% | 9.0% ▲200.0% | 3.0% ▼72.7% | 11.0% ▲22.2% | 9.0% |
| Other Income | ₹52 Cr ▲44.4% | ₹36 Cr ▲3500.0% | ₹1 Cr ▼94.4% | ₹18 Cr ▲38.5% | ₹13 Cr ▼23.5% | ₹17 Cr ▼22.7% | ₹22 Cr |
| Interest | ₹160 Cr ▲3.2% | ₹155 Cr ▲0.0% | ₹155 Cr ▲27.0% | ₹122 Cr ▲18.4% | ₹103 Cr ▲4.0% | ₹99 Cr ▲4.2% | ₹95 Cr |
| Depreciation | ₹162 Cr ▲3.8% | ₹156 Cr ▲13.0% | ₹138 Cr ▲115.6% | ₹64 Cr ▲33.3% | ₹48 Cr ▲23.1% | ₹39 Cr ▲5.4% | ₹37 Cr |
| PBT | ₹646 Cr ▲199.1% | ₹216 Cr ▲101.9% | ₹107 Cr ▲463.2% | ₹19 Cr ▲124.1% | ₹-79 Cr ▼241.1% | ₹56 Cr ▲86.7% | ₹30 Cr |
| Tax % | 27.0% ▼25.0% | 36.0% ▲38.5% | 26.0% ▲13.0% | 23.0% ▲209.5% | -21.0% ▼165.6% | 32.0% ▲23.1% | 26.0% |
| Net Profit | ₹469 Cr ▲237.4% | ₹139 Cr ▲73.8% | ₹80 Cr ▲471.4% | ₹14 Cr ▲122.2% | ₹-63 Cr ▼265.8% | ₹38 Cr ▲72.7% | ₹22 Cr |
| EPS (₹) | 12.95 ▲195.0% | 4.39 ▲42.5% | 3.08 ▲450.0% | 0.56 ▲123.0% | -2.43 ▼115.0% | 16.23 ▲101.4% | 8.06 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Liabilities | |||||||
| Equity Capital | ₹362 Cr ▲14.2% | ₹317 Cr ▲22.4% | ₹259 Cr ▲0.0% | ₹259 Cr ▲0.0% | ₹259 Cr ▲979.2% | ₹24 Cr ▼14.3% | ₹28 Cr |
| Reserves | ₹2.8K Cr ▲198.7% | ₹941 Cr ▲403.2% | ₹187 Cr ▲76.4% | ₹106 Cr ▲15.2% | ₹92 Cr ▼76.5% | ₹391 Cr ▲17.1% | ₹334 Cr |
| Borrowings | ₹617 Cr ▲126.8% | ₹272 Cr ▼68.1% | ₹854 Cr ▲7.8% | ₹792 Cr ▲12.7% | ₹703 Cr ▲4.6% | ₹672 Cr ▲36.0% | ₹494 Cr |
| Other Liabilities | ₹1.8K Cr ▲39.8% | ₹1.3K Cr ▲2.6% | ₹1.3K Cr ▼2.5% | ₹1.3K Cr ▲11.5% | ₹1.2K Cr ▲66.2% | ₹712 Cr ▼1.1% | ₹720 Cr |
| Total Liabilities | ₹5.6K Cr ▲97.8% | ₹2.8K Cr ▲10.2% | ₹2.6K Cr ▲4.4% | ₹2.5K Cr ▲10.7% | ₹2.2K Cr ▲24.4% | ₹1.8K Cr ▲14.1% | ₹1.6K Cr |
| Assets | |||||||
| Fixed Assets | ₹1.1K Cr ▲102.1% | ₹534 Cr ▲5.7% | ₹505 Cr ▼21.6% | ₹644 Cr ▲17.7% | ₹547 Cr ▲43.6% | ₹381 Cr ▲6.7% | ₹357 Cr |
| CWIP | ₹19 Cr ▲35.7% | ₹14 Cr ▼50.0% | ₹28 Cr ▲55.6% | ₹18 Cr ▲350.0% | ₹4 Cr ▼94.0% | ₹67 Cr ▲509.1% | ₹11 Cr |
| Investments | ₹742 Cr ▲523.5% | ₹119 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹3.8K Cr ▲73.8% | ₹2.2K Cr ▲6.4% | ₹2.1K Cr ▲13.1% | ₹1.8K Cr ▲7.5% | ₹1.7K Cr ▲25.0% | ₹1.4K Cr ▲11.7% | ₹1.2K Cr |
| Total Assets | ₹5.6K Cr ▲97.8% | ₹2.8K Cr ▲10.2% | ₹2.6K Cr ▲4.4% | ₹2.5K Cr ▲10.7% | ₹2.2K Cr ▲24.4% | ₹1.8K Cr ▲14.1% | ₹1.6K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹667 Cr ▲130.0% | ₹290 Cr ▲90.8% | ₹152 Cr ▼22.1% | ₹195 Cr ▼3.0% | ₹201 Cr ▲1446.2% | ₹13 Cr ▼94.3% | ₹227 Cr |
| Investing CF | ₹-1.8K Cr ▼933.1% | ₹-175 Cr ▼173.4% | ₹-64 Cr ▲41.8% | ₹-110 Cr ▲29.0% | ₹-155 Cr ▼287.5% | ₹-40 Cr ▼11.1% | ₹-36 Cr |
| Financing CF | ₹1.1K Cr ▲1317.4% | ₹-92 Cr ▼13.6% | ₹-81 Cr ▲20.6% | ₹-102 Cr ▼183.3% | ₹-36 Cr ▼1000.0% | ₹4 Cr ▲102.3% | ₹-174 Cr |
| Net Cash Flow | ₹-21 Cr ▼195.5% | ₹22 Cr ▲214.3% | ₹7 Cr ▲141.2% | ₹-17 Cr ▼270.0% | ₹10 Cr ▲143.5% | ₹-23 Cr ▼243.8% | ₹16 Cr |
| Free Cash Flow | ₹384 Cr ▲108.7% | ₹184 Cr ▲127.2% | ₹81 Cr ▼1.2% | ₹82 Cr ▲46.4% | ₹56 Cr ▲240.0% | ₹-40 Cr ▼122.0% | ₹182 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 92d ▼29.8% | 131d ▼23.8% | 172d ▲1.8% | 169d ▼12.9% | 194d ▲16.2% | 167d ▲41.5% | 118d |
| Inventory Days | 89d ▲45.9% | 61d ▼29.1% | 86d ▲2.4% | 84d ▲20.0% | 70d ▲20.7% | 58d ▼12.1% | 66d |
| Days Payable | 168d ▲42.4% | 118d ▼16.3% | 141d ▲39.6% | 101d ▼49.0% | 198d ▲32.9% | 149d ▲3.5% | 144d |
| Cash Conv. Cycle | 13d ▼82.7% | 75d ▼35.9% | 117d ▼23.0% | 152d ▲130.3% | 66d ▼12.0% | 75d ▲82.9% | 41d |
| Working Capital Days | 37d ▼15.9% | 44d ▼31.3% | 64d ▲3.2% | 62d | 0d ▼100.0% | 26d ▲225.0% | 8d |
| ROCE | 31.0% ▲19.2% | 26.0% ▲18.2% | 22.0% ▲69.2% | 13.0% ▲550.0% | 2.0% ▼87.5% | 16.0% | — |
Source: Screener.in · Lower days = better efficiency
Related Analysis
Frequently Asked Questions
What is Vikram Solar Limited share price today?▾
Vikram Solar Limited (VIKRAMSOLR) is currently trading at ₹187.31 on NSE, down 2.02% as of the last market session. Prices update daily after market close on MarketNetra.
Is Vikram Solar Limited available in F&O (Futures & Options)?▾
Yes, Vikram Solar Limited (VIKRAMSOLR) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Vikram Solar Limited 52-week high and low?▾
Vikram Solar Limited's 52-week high is ₹408 and the 52-week low is ₹162. The current price of ₹187.31 is 54.1% below the 52W high.
What is Vikram Solar Limited P/E ratio?▾
Vikram Solar Limited's current P/E ratio is 14.7. This indicates the market is paying ₹14.7 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Vikram Solar Limited options?▾
Vikram Solar Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade VIKRAMSOLR options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.