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Vikram Solar Limited

BSE: VIKRAMSOLR544488ISIN INE078V01014
  • Industrials
  • Other Electrical Equipment
  • BSE 1000

Share price

₹165.35+1.95 (+1.19%)
as of 18 Sep 2026
Vikram Solar Limited share price, 18 Sep 2025 to 18 Sep 2026: ₹340.55 to ₹165.35 (-51.4%). Low ₹157.10, high ₹348.40. Volume shown below the price.
52W high
₹354.80
52W low
₹155.75
Off 52W high
-53.40%
1M return
-3.19%
3M return
-17.37%
6M return
-14.08%
1Y return
-51.45%
20D avg volume
1,80,444
50 DMA
₹174.89
200 DMA
₹202.15

Key ratios Consolidated

Market cap
₹5,992 Cr
Current price
₹165.35
52W high / low
₹354.80 / ₹155.75
Face value
₹10.00
P/E
16.79
P/B
EPS (TTM)
₹9.85
Book value / share
ROE
ROCE
21.50%
Operating margin
Net margin
Debt / equity
0.03
Net debt
₹64.30 Cr
Interest cover
5.03
Dividend yield
Dividend / share (TTM)
Payout
Cash conversion cycle
36.1 days

About

In plain English

Vikram Solar makes the solar panels you see on rooftops and in giant solar farms—like the ones used by India’s biggest power company NTPC to generate clean electricity. They also sell battery storage systems under the VION brand: a home backup battery that keeps lights on during outages (sold to homeowners), a rugged battery pack for e-rickshaws (used by drivers and fleet operators), and massive 5 MWh shipping-container-sized batteries for industrial and utility-scale energy storage. Their customers are large power companies like NTPC Green Energy, government agencies, and commercial & industrial businesses that want to install solar or store energy. They earn money by manufacturing and selling these solar modules and battery systems, and also by offering engineering, procurement and construction (EPC) services to build out solar projects for clients.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 6 Jul 2026.

Financials

MetricQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25
Income statement
1,5631,4531,1061,1101,134
12.6218.2020.2315.904.20
1,5501,332977.73941.35957.15
1,3851,057798.82699.22847.38
0.000.000.000.000.00
55.1048.6237.0940.8235.41
49.4056.5540.1631.5832.26
64.0157.1136.5234.8833.50
114.25120.56101.3989.3278.22
25.22139.05148.45184.46180.62
0.000.00-5.620.000.00
25.22139.05142.83184.46180.62
5.4428.6344.6955.9747.26
19.78110.4298.15128.49133.36
0.553.052.713.834.21
Key metrics
138.63252.71219.51250.92246.38
8.90%17.40%19.80%22.60%21.70%
1.30%7.60%8.90%11.60%11.80%
5.20%6.70%
37.90%
-85.20%
MetricTTMFY26FY25
Income statement
5,2324,802
66.9558.53
4,8024,208
3,9403,403
0.000.00
181.63161.94
177.69160.56
192.52162.01
425.52389.48
497.18652.58
-5.62-5.62
491.56646.96
134.73176.54
356.84470.42
10.1413.68
Key metrics
861.77969.53
16.47%20.20%
6.82%9.80%
21.50%
-92.54
1.34
0.03
64.30
36.1
Balance sheet
5,728
3,727
35.77
1,214
823.13
352.07
540.19
1,564
1,978
100.07
100.07
0.00
3,168
Cash flow
629.55
-1,748
1,115
722.09
MetricQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25
Income statement
1,5361,4531,1061,1101,135
12.5418.3720.0615.764.24
1,5241,332979.04941.94957.11
1,3621,051798.64699.22847.38
0.000.000.000.000.00
51.6746.8035.3439.3134.50
49.3456.4840.1331.5532.25
63.9957.1036.5134.8833.50
115.89122.61104.6791.4577.51
24.21139.30146.79183.72182.29
0.000.00-5.620.000.00
24.21139.30141.17183.72182.29
5.4829.3344.7455.4947.88
18.73109.9796.44128.24134.41
0.523.042.663.834.24
Key metrics
137.54252.88217.81250.15248.04
9.00%17.40%19.70%22.50%21.90%
1.20%7.60%8.70%11.60%11.80%
5.20%6.70%
35.30%
-86.10%
MetricTTMFY26FY25
Income statement
5,2044,803
66.7358.43
4,7774,210
3,9113,396
0.000.00
173.12155.96
177.50160.40
192.48161.99
434.62396.24
494.02652.11
-5.62-5.62
488.40646.49
135.04177.43
353.38469.06
10.0513.65
Key metrics
858.38968.88
16.49%20.20%
6.79%9.80%
21.60%
383.85
1.42
0.03
90.16
37.5
Balance sheet
5,636
3,375
9.91
1,214
815.27
289.36
539.88
1,536
1,902
100.07
100.07
0.00
3,173
Cash flow
666.94
-1,808
1,120
283.09

Compounded growth

Standalone

Sales CAGR 3Y
Sales CAGR 5Y
Sales CAGR 10Y
Profit CAGR 3Y
Profit CAGR 5Y
Profit CAGR 10Y
Sales YoY (TTM)
Profit YoY (TTM)

Consolidated

Sales CAGR 3Y
Sales CAGR 5Y
Sales CAGR 10Y
Profit CAGR 3Y
Profit CAGR 5Y
Profit CAGR 10Y
Sales YoY (TTM)
Profit YoY (TTM)

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding
63.00%
HolderTypeHoldingPreviousChange
Vikram Capital Management Private LimitedPromoter30.85%
Gyanesh Chaudhary Family TrustPromoter20.17%
VSL Ventures Private LimitedPromoter Group4.17%
Gyanesh ChaudharyPromoter2.84%
Vikram India LimitedPromoter Group2.76%
Bandhan Small Cap FundPublic1.89%
Nilam ChaudharyPromoter Group1.89%
Kingsman Wealth Fund Pcc - Quantum Leap FundPublic1.84%
Pragya JindalPromoter Group0.23%
Prerna RungtaPromoter Group0.07%
Gaurav GoelPromoter Group0.01%
Pratibha AgarwalPromoter Group0.01%
Yashvi Art FoundationPromoter Group0.00%
Silver Eastern InfratechPromoter Group0.00%
Konark Infratech Private LimitedPromoter Group0.00%

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Board meetings

  • Board Meeting - Financial Results

Coverage