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VIKRAM SOLAR LIMITED Share Price

₹ 188.87
-₹3.09 (-1.61%)
1D
Last updated 03 Jul, 2026, 15:59 IST

VIKRAM SOLAR LIMITED Share Price Today

As of 5 Jul 2026, VIKRAM SOLAR LIMITED share price is ₹188.87. The stock opened at ₹193.80, compared to its previous close of ₹191.96. During today's trading session, VIKRAM SOLAR LIMITED share price moved in the range of ₹185.36 to ₹194.24, with an average price of ₹189.80 for the day. Looking at its last 52-week, the stock has touched a low of ₹162.10 and a high of ₹407.95. On the performance front, VIKRAM SOLAR LIMITED share price has declined by 21.24% over the last six months and is down 47.01% on a year-on-year basis.


₹185.36
1.61% down today
₹194.24
1D LOW
1D HIGH

VIKRAM SOLAR LIMITED Returns Calculator

Open
₹193.80
High
₹194.24
Low
₹185.36
Prev. close
₹191.96

Circuit
L
H
₹151.10
₹226.64
52-week
L
H
₹162.10
₹407.95

VIKRAM SOLAR LIMITED Shareholder Returns

VIKRAM SOLAR LIMITED Share Price History

Mkt Cap Cr
6,982.57

P/E
14.85

P/B
2.20

ROE
14.85%

D/E
0.19

ROCE
21.14%

Div. Yield
0.00%

EPS(TTM)
13.65
Turnover
1.29

EV/EBITDA
6.05

Net Margin
0.00%

Op. Margin
0.00%

ROA
8.21%

Quick Ratio
0.00

Curr. Ratio
1.97
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
Vikram Solar has not beaten FD return of 7%
Step 3 of 5
Valuation
Fairly Valued
Vikram Solar appears to be fairly valued compared to its peers
Step 5 of 5
Earnings
Excellent
Vikram Solar revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
Hitachi Energy India1,50,541.00152.3929.0819.09%0.0224.84%1,161.250.02%1.48221.63
CG Power1,51,033.00126.0118.9515.13%0.0120.17%12.570.20%1.358.42
ABB India1,45,394.0070.6647.9022.38%0.0129.83%339.500.75%1.0178.73
BHEL1,40,014.0087.415.356.12%0.315.84%76.150.35%0.764.53
Siemens1,27,484.0046.299.2117.15%0.0222.11%379.800.50%1.5471.49
GE T&D India7,758.8043.217.7418.64%0.0120.90%105.070.21%2.1848.16
WAAREE ENERGIES LIMITED82,852.2021.335.7425.71%0.1529.30%456.440.07%1.48130.88
Suzlon78,618.9024.868.3233.43%0.0327.06%7.200.00%1.383.00
Apar Industries60,633.4062.0711.2418.11%0.1827.50%1,284.870.40%3.83242.46
Thermax58,516.5081.2410.5412.98%0.0314.29%371.540.41%1.4554.46

VIKRAM SOLAR LIMITED Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹3,423.45₹2,510.99₹2,073.23₹1,730.31
Other Income₹36.07₹12.97₹18.68₹12.74
Total Revenue₹3,459.53₹2,523.96₹2,091.91₹1,743.05
Total Expenses₹3,242.16₹2,405.04₹2,073.04₹1,822.49
Profit Before Tax₹217.36₹107.28₹18.87-₹79.44
Tax₹77.53₹27.57₹4.38-₹16.50
Profit After Tax₹139.83₹79.72₹14.49-₹62.94
EPS - Basic₹4.61₹3.08₹0.56-₹2.43
EPS - Diluted₹4.60₹3.08₹0.56-₹2.43

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹217.36₹107.28₹18.87-₹79.44
Income before WC changes₹553.98₹472.68₹201.91₹71.88
Change in Assets-₹141.29-₹294.07-₹164.19-₹312.10
Change in Liabilities-₹85.65-₹15.62₹166.03₹450.33
Change in WC-₹226.94-₹309.68₹1.84₹138.23
Cash flow from Operations₹298.68₹152.02₹195.43₹201.35
Cash flow from Investing-₹168.84-₹63.69-₹110.51-₹154.89
Cash flow from Financing-₹99.72-₹81.03-₹102.22-₹36.22
Total Cash Flow₹30.12₹7.31-₹17.24₹10.24
Cash (Start of the year)₹8.95₹1.63₹18.87₹8.59
Cash (End of the year)₹39.16₹8.95₹1.63₹18.87

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹671.34₹607.23₹723.35₹617.98
Current Assets₹2,160.81₹1,978.27₹1,752.94₹1,619.25
Total Assets₹2,832.15₹2,585.50₹2,476.29₹2,237.23
Current Liabilities₹1,397.43₹1,422.29₹1,296.20₹1,482.34
Net Current Asset₹763.38₹555.98₹456.73₹136.91
Non-Current Liabilities₹192.74₹717.79₹814.89₹403.60
Equity Capital₹1,241.99₹445.42₹365.20₹351.29
Total Equity & Liabilities₹2,832.15₹2,585.50₹2,476.29₹2,237.23

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹3,415.45₹2,440.82₹2,006.48₹1,700.47
Other Income₹36.22₹15.26₹20.13₹12.82
Total Revenue₹3,451.67₹2,456.08₹2,026.62₹1,713.28
Total Expenses₹3,235.52₹2,344.20₹2,012.00₹1,798.14
Profit Before Tax₹216.15₹100.24₹14.62-₹84.86
Tax₹77.06₹33.43₹1.92-₹24.72
Profit After Tax₹139.10₹66.82₹12.70-₹60.14
EPS - Basic₹4.59₹2.58₹0.49-₹2.32
EPS - Diluted₹4.58₹2.58₹0.49-₹2.32

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹216.15₹100.24₹14.62-₹84.86
Income before WC changes₹554.18₹465.53₹193.44₹65.93
Change in Assets-₹150.39-₹310.00-₹146.69-₹291.16
Change in Liabilities-₹78.23₹24.66₹128.72₹440.55
Change in WC-₹228.62-₹285.34-₹17.97₹149.39
Cash flow from Operations₹299.33₹170.48₹173.37₹207.43
Cash flow from Investing-₹180.39-₹82.02-₹88.70-₹157.46
Cash flow from Financing-₹96.72-₹81.03-₹100.49-₹36.22
Total Cash Flow₹22.23₹7.44-₹15.82₹13.75
Cash (Start of the year)₹8.45₹1.01₹16.82₹3.07
Cash (End of the year)₹30.67₹8.45₹1.01₹16.82

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹718.58₹617.92₹730.61₹643.54
Current Assets₹2,130.51₹1,979.99₹1,714.93₹1,579.06
Total Assets₹2,849.09₹2,597.92₹2,445.54₹2,222.60
Current Liabilities₹1,393.88₹1,410.96₹1,248.75₹1,452.72
Net Current Asset₹736.63₹569.04₹466.18₹126.34
Non-Current Liabilities₹197.96₹726.62₹809.28₹403.07
Equity Capital₹1,257.25₹460.34₹387.51₹366.81
Total Equity & Liabilities₹2,849.09₹2,597.92₹2,445.54₹2,222.60
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
188.87
1902
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 1902
Buy orders: 0%
Sell orders: 100%
Bearish
2
Neutral
6
Bullish
0
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
42.23
Neutral

ATR (14)
10.27
Neutral

STOCH(9,6)
51.83
Neutral

STOCH RSI (14)
50.53
Neutral

ADX(9)
31.38
Bearish

UO(9)
44.82
Neutral

ROC(12)
-9.72
Bearish

WillR(14)
-67.92
Neutral
Period
Simple value
Exponential vaue

5D
185.17
187.49

10D
189.02
190.32

20D
199.76
195.51

50D
206.5
201.68

100D
202.38
201.65

About VIKRAM SOLAR LIMITED

VIKRAM SOLAR LIMITED logo
ISIN
INE078V01014
Sector Market Cap
₹ 6,982.57 Cr

Vikram Solar Limited is an India-based solar photo-voltaic (PV) modules manufacturer in terms of operational capacity, producing solar photo-voltaic (PV) modules, and is also an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) services. The Company’s portfolio of solar energy products consists of the following high-efficiency solar PV modules: p-type monocrystalline silicon-based Passivated Emitter and Rear Contact (PERC) modules; N-Type monocrystalline silicon (N-Type) modules; and n-type monocrystalline silicon based heterojunction technology (HJT) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules. Its products are also differentiated based on cell size. Its latest generation solar PV modules (including those under testing) have wattages between 395-Watt peak (Wp) and a 735Wp rating.

VIKRAM SOLAR LIMITED Financial Highlights

  • Revenue: VIKRAM SOLAR LIMITED reported revenue of ₹4,860.78 crore in FY26 vs ₹3,459.52 crore in FY25. It showed an increase of 40.50% on a yearly basis.
  • Operating Profit: VIKRAM SOLAR LIMITED reported an operating profit of ₹646.96 crore in FY26 vs ₹217.36 crore in FY25. It showed an increase of 197.64% on a year-on-year basis.
  • Net Profit: VIKRAM SOLAR LIMITED reported a net profit of ₹470.42 crore in FY26 vs ₹139.83 crore in FY25. It showed an increase of 236.42% on a yearly basis.

VIKRAM SOLAR LIMITED Quarterly Result Highlights

  • VIKRAM SOLAR LIMITED reported revenue of ₹1,471.02 crore in Mar 2026, compared with ₹1,126.18 crore in Dec 2025, representing an increase of 30.62% on a quarter-on-quarter (QoQ) basis.
  • VIKRAM SOLAR LIMITED reported an operating profit of ₹139.05 crore in Mar 2026, compared with ₹142.83 crore in Dec 2025, representing a decrease of 2.65% on a quarter-on-quarter (QoQ) basis.
  • VIKRAM SOLAR LIMITED reported a profit of ₹110.42 crore in Mar 2026, compared with ₹98.15 crore in Dec 2025, reflecting an increase of 12.50% on a QoQ basis.
  • The earnings per share (EPS) of VIKRAM SOLAR LIMITED stood at ₹4.61 during Mar 2026.
Know more
Promoters
63.01%
FII
2.94%
Other DII
0.97%
Retail and other
29.24%
Mutual funds
3.84%
Foreign institutions - FII
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