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Vikram Solar Limited

NSE: VIKRAMSOLRCapital Goods

Vikram Solar Limited Share Price & Analysis

₹168.45−1.86%Updated 4 Sept 2026, 03:30 pm IST
LTP
₹168.45−1.86%
Open
₹174.32
High
₹175.41
Low
₹167.96
Close
₹168.45
52W High
₹408.00
52W Low
₹155.00
Volume
3551K
Lot Size
1
Sector
Capital Goods
Market Cap
₹6K Cr
Face Value
₹10
Mid Cap

Price Chart

Candle
Range

Fundamentals

P/E
16.90
Sector P/E
48.40
P/B
2.25
EPS
₹13.60
ROE
21.40%
ROCE
30.60%
D/E Ratio
0.20
Div Yield
0.00%
Book Value
₹87.60

Strengths

  • Excellent return on equity (ROE 21.4%)
  • Efficient capital deployment (ROCE 30.6%)
  • Attractively valued vs sector (P/E 16.9x vs industry 48.4x)
  • Low debt relative to equity (D/E 0.2x)
  • Near 52-week low — potential value zone (₹155)

Concerns

    Peer Comparison

    CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
    HAL
    Hindustan Aeronautics Limited
    ₹4,856
    		₹3.2L Cr34.87.9124320
    BEL
    Bharat Electronics Limited
    ₹405
    		₹3.0L Cr48.212.3627.436.40
    TMCV
    Tata Motors Limited
    ₹475
    −0.03%    		₹1.7L Cr22.710.713435.90.44
    ABB
    ABB India Limited
    ₹7,410
    		₹1.6L Cr10216.822.429.90.02
    BHEL
    Bharat Heavy Electricals Limited
    ₹431
    		₹1.5L Cr61.75.746.239.140.45
    SIEMENS
    Siemens Limited
    ₹3,977
    		₹1.4L Cr94.210.2219.221.40.01
    CGPOWER
    CG Power and Industrial Solutions Limited
    ₹891
    		₹1.4L Cr11017.6120.526.70.02

    Showing 7 peers in the same sector · Sorted by market cap

    Shareholding Pattern

    VIKRAMSOLR · as of Jun 2026

    Promoters63.01%
    FII3.37%0.43pp
    DII4.04%0.76pp
    Public29.60%0.35pp
    CategorySep 2025Dec 2025Mar 2026Jun 2026
    Promoters63.12%63.01%63.01%63.01%
    FII2.08%1.82%2.94%3.37%
    DII6.20%4.71%4.80%4.04%
    Public28.59%30.45%29.25%29.60%

    Corporate Events

    To consider and approve the financial results for the period ended Jun 30, 2026

    Results5 Aug 2026

    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
    Medium Impact

    Vikram Solar shares may react to investor presentation

    *Vikram Solar shares may react to investor presentation*. The company released an investor presentation disclosing strategic updates and financial highlights. No major announcements were made, but traders may assess guidance and capex plans. Volume and sentiment could shift ahead of earnings. 📊 *STOCKS:* $VIKRAM | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation

    NSE Filing7 Aug
    Low Impact

    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
    Medium Impact

    Financials

    Quarterly Results

    MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 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

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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%
    164.7%
    3.4%
    69.1%
    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

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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

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    Frequently Asked Questions

    What is Vikram Solar Limited share price today?
    Vikram Solar Limited (VIKRAMSOLR) is currently trading at ₹168.45 on NSE, down 1.86% 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 ₹155. The current price of ₹168.45 is 58.7% below the 52W high.
    What is Vikram Solar Limited P/E ratio?
    Vikram Solar Limited's current P/E ratio is 16.9. This indicates the market is paying ₹16.9 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.