VIKRAMSOLR · NSE

Vikram Solar Limited

₹165.42

+1.25% (+₹2.05)

Prev. close

₹163.37

Volume

8,64,171

Delivery %

45.1%

As of

18 Sept 2026

Price history

₹165.42-₹39.91 (-19.44%) · 3M
03 Jun 202618 Sept 2026
₹215.84₹156.803 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

Explore by date range →

Analyst opinions

No analyst calls on Vikram Solar Limited in the last 90 days.

Fundamentals

About Vikram Solar Limited

Vikram Solar Limited engages in the manufacture and sale of solar photovoltaic modules/systems in India and internationally. It also engineering, procurement and construction (EPC) and operation and maintenance of solar power plant. It sells its products under the Suryava, Hypersol, Hypersol Pro, Paradea, and SOMERA brand names. It also involved in rooftop projects. The company was incorporated in 2005 and is based in Kolkata, India.

Details

Sector

Technology

Industry

Solar

CEO

Mr. Sameer Nagpal

Headquarters

Kolkata

Employees

2,946

Key stats

Market cap

₹5,994.07 Cr

P/E ratio (TTM)

15.9

EPS (TTM)

₹10.42

Beta (1Y · daily vs NIFTY 50)

1.23

Shares float

10.91 Cr

EPS · quarter ended Jun 2026

₹0.54

Financial Performance

01 · Financials

0 Cr2000 Cr4000 Cr6000 Cr0%20%40%60%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

051015FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY23FY24FY25FY26
₹2,072.98 Cr₹2,510.99 Cr₹3,423.45 Cr₹4,802.25 Cr
EBITDA₹181.85 Cr₹371.05 Cr₹492.86 Cr₹930.68 Cr
₹14.49 Cr₹79.72 Cr₹139.83 Cr₹470.42 Cr
Diluted EPS₹0.4₹2.2₹3.87₹13.6

Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹2,476.29 Cr₹2,585.50 Cr₹2,832.15 Cr₹5,728.48 Cr
₹792.22 Cr₹854.31 Cr₹271.94 Cr₹645.13 Cr
Stockholders' equity₹365.20 Cr₹445.42 Cr₹1,241.99 Cr₹3,167.76 Cr

CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY22FY23FY24FY25FY26
₹195.43 Cr₹152.02 Cr₹281.16 Cr₹629.55 Cr
Investing cash flow₹-110.51 Cr₹-63.69 Cr₹-155.71 Cr₹-1,748.03 Cr
₹-102.22 Cr₹-81.03 Cr₹-95.33 Cr₹1,114.83 Cr
Capital expenditure₹-131.38 Cr₹-71.60 Cr₹-133.25 Cr₹-722.09 Cr
End cash position₹1.63 Cr₹8.95 Cr₹39.16 Cr₹35.77 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemAug 25Sep 25(2Q)Dec 25Jun 26(3Q)
Promoter63.12%63.01%
Public36.88%36.99%
Employee trusts0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
Vikram Solar Limited₹5,994.07 Cr₹165.4215.91.8914.9%0.20+40.3%-51.5%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

14 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

VIKRAMSOLR

Vikram Solar Completes Acquisition Of Australian Arm

Vikram Solar Limited has completed the acquisition of its Australian arm. This move is part of the company's strategy to strengthen its presence in the renewable energy sector. The acquisition aims to enhance Vikram Solar's operational capabilities and market reach in Australia.

VIKRAMSOLR

Vikram Solar Completes 100% Acquisition Of Australian Subsidiary

SolarQuarter · 18 days ago