Vikram Solar Limited

NSE: VIKRAMSOLR · Capital Goods

₹142.39+1.95%06 Nov 2026

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Instant answers about Vikram Solar Limited — computed from its filings, no language model

Market cap₹5,160 cr

Current price₹142.39

High / Low₹329 / ₹125

P/E24.8

P/B1.63

Book value₹87.4

ROE6.6%

ROCE20.5%

Debt / equity0.03

Dividend yield—

EPS (TTM)₹5.75

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY26
Revenue	4,802
EBITDA	917
Operating margin	19.1%
Interest	161
Depreciation	162
Profit before tax	647
Tax	177
Net profit	470
EPS ₹	13.68
Operating cash flow	630
Capex	722
Dividend paid	0
Total assets	5,728
Equity	3,168

Quarterly performance

last 5 quarters · ₹ crore

	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	1,134	1,110	1,106	1,453	1,563
Operating profit	242	235	205	235	126
Operating margin	21.4%	21.2%	18.5%	16.1%	8.1%
Other income	4	16	20	18	13
Interest	32	32	40	57	49
Depreciation	34	35	37	57	64
Profit before tax	181	184	143	139	25
Tax	47	56	45	29	5
Net profit	133	0	98	110	0
EPS ₹	4.21	3.83	2.71	3.05	0.55
Revenue YoY	—	—	—	—	37.9%
Profit YoY	—	—	—	—	-100.0%

Returns & margins

trailing-twelve-month, per quarter

	MAR '26	JUN '26
ROE	10.8%	6.6%
ROCE	24.7%	20.5%
Net margin	7.1%	4.0%
EBITDA margin	19.1%	15.3%
Debt / equity	0.03	0.03
Interest coverage	5.03	3.77
Asset turnover	0.84	0.91

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '25	MAR '26
Share capital	362	362
Other equity / reserves	2,588	2,805
Total equity	2,950	3,168
Borrowings	80	100
Current liabilities	1,602	1,978
Non-current liabilities	258	583
Total assets	4,809	5,728
Property, plant & equipment	622	540
Capital work-in-progress	169	418
Investments	0	0
Inventories	504	823
Receivables	1,187	1,214
Cash & equivalents	1,117	36

Cash flow

annual · ₹ crore · line = free cash flow

	FY26
Cash from operations	630
Cash from investing	-1,748
Cash from financing	1,115
Capex	722
Free cash flow	-93
Dividends paid	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹540 cr9%

CWIP

₹418 cr7%

Inventories

₹823 cr14%

Receivables

₹1,214 cr21%

Cash & equivalents

₹36 cr1%

Other assets

₹2,697 cr47%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Vikram Solar Limited	5,160	142.39	24.8	1.63	6.6%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-4.4%

6 months-36.8%

1 year-56.6%

3Y CAGR—

5Y CAGR—

10Y CAGR—

50-day avg₹152.21

200-day avg₹186.08

RSI (14)48

FAQs

What is the share price of Vikram Solar Limited?

Vikram Solar Limited (VIKRAMSOLR) closed at ₹142.39 on NSE on 06 Nov 2026.

What is the market cap of Vikram Solar Limited?

₹5,160 crore at the latest close.

What is the P/E ratio of Vikram Solar Limited?

24.8, on trailing-twelve-month earnings from its filings.

How fast is Vikram Solar Limited growing?

Vikram Solar Limited: Latest-quarter revenue is up 37.9% year on year, profit down 100.0%.

How profitable is Vikram Solar Limited?

On a trailing-twelve-month basis return on equity is 6.6%, return on capital employed 20.5%, operating margin 15.3%, net margin 4.0%.

How much debt does Vikram Solar Limited have?

Vikram Solar Limited is debt-free: debt to equity is 0.03 with borrowings of ₹100 cr against cash of ₹36 cr (balance sheet of 2026-03-31). Operating profit covers interest 3.8 times.

Financials parsed from Vikram Solar Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '25, annual from FY26, balance sheet from Sep '25. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.