Vikram Solar

Why is Vikram Solar Ltd falling/rising?

As of 21-Jun, Vikram Solar Ltd's stock price is at 200.10, down 4.67%, significantly underperforming against the Sensex, which has risen by 1.69%. The stock has shown a year-to-date decline of 15.92%, with reduced investor participation and a bearish trend indicated by trading below all moving averages.

As of 21-Jun, Vikram Solar Ltd's stock price is falling, currently at 200.10, which reflects a decrease of 9.8 points or 4.67%. The stock has underperformed significantly compared to the benchmark Sensex, which has risen by 1.69% over the past week, while Vikram Solar has declined by 4.65%. Over the last month, the stock has also shown a slight decrease of 0.72%, contrasting with the Sensex's gain of 2.13%. Year-to-date, Vikram Solar's performance is notably poor, with a decline of 15.92%, while the Sensex has only fallen by 9.88%.<BR><BR>Today's trading has been particularly volatile, with the stock experiencing an intraday high of Rs 214.25 and a low of Rs 195.6, indicating a high volatility of 5.18%. The stock has been on a consecutive decline for the last two days, accumulating a total drop of 4.71% during this period. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume dropping by 45.27% compared to the five-day average, indicating reduced interest from retail investors. Despite some positive factors, such as a healthy long-term growth rate in net sales and increased participation by institutional investors, the immediate market sentiment appears negative, contributing to the stock's decline.

Which are the latest news on Vikram Solar?

What does Vikram Solar do?

Vikram Solar Ltd is a small-cap company in the Other Electrical Equipment industry, reporting net sales of 1,453 Cr and a net profit of 110 Cr for March 2026. Key metrics include a P/E ratio of 16.00 and a market cap of INR 7,783 Cr.

Overview:<BR>Vikram Solar Ltd operates in the Other Electrical Equipment industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The specific incorporation year and any status changes are not provided. The latest quarterly results reported are for March 2026, showing net sales and profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,453 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 110 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 7,783 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 16.00 <BR>Industry P/E: 58 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.49 <BR>Return on Equity: 15.98% <BR>Price-to-Book: 2.65 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

How big is Vikram Solar?

As of 10th June, Vikram Solar Ltd has a market capitalization of 7,783.00 Cr, with recent net sales of 4,802.26 Cr and a net profit of 470.42 Cr.

As of 10th June, Vikram Solar Ltd has a market capitalization of 7,783.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Vikram Solar reported Net Sales of 4,802.26 Cr and a Net Profit of 470.42 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,241.99 Cr and Total Assets valued at 2,832.08 Cr.

Who are the peers of the Vikram Solar?

Vikram Solar's peers include Avalon Tech, Diamond Power, Genus Power, Shilchar Tech, Websol Energy, Ram Ratna Wires, and Bharat Bijlee. Management risk varies from excellent to below average among peers, with Avalon Tech showing the highest 1-year return at 87.54% and Genus Power the lowest at -23.28%.

Peers: The peers of Vikram Solar are Avalon Tech, Diamond Power, Genus Power, Shilchar Tech., Websol Energy, Ram Ratna Wires, and Bharat Bijlee.<BR><BR>Quality Snapshot: Excellent management risk is observed at Genus Power, Shilchar Tech., Websol Energy, and the rest. Average management risk is found at Avalon Tech, Vikram Solar, Ram Ratna Wires, Bharat Bijlee, and the rest. Below Average management risk is noted at Diamond Power. Growth is excellent at Genus Power, Vikram Solar, Shilchar Tech., Websol Energy, Bharat Bijlee, and the rest, while below average growth is seen at Avalon Tech and Diamond Power. Capital structure is good at Avalon Tech, Genus Power, Vikram Solar, Websol Energy, and the rest, while excellent capital structure is noted at Shilchar Tech. Average capital structure is seen at Ram Ratna Wires, and below average at Diamond Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Avalon Tech at 87.54%, while the lowest is Genus Power at -23.28%. Vikram Solar's 1-year return is not available for comparison. Additionally, peers with negative six-month returns include Vikram Solar, Shilchar Tech., and Websol Energy.

Should I buy, sell or hold Vikram Solar Ltd?

Are Vikram Solar Ltd latest results good or bad?

Vikram Solar Ltd's latest results show strong revenue growth, with a 31.36% increase quarter-on-quarter, but declining operating margins and rising costs raise concerns about profitability. Overall, the results are positive in terms of revenue but highlight challenges in maintaining margins.

Vikram Solar Ltd's latest results present a mixed picture. On the positive side, the company reported a significant increase in revenue, achieving ₹1,452.82 crores in Q4 FY26, which marks a 31.36% growth quarter-on-quarter and a 21.73% increase year-on-year. This is the highest quarterly revenue the company has recorded, driven by strong order execution in the solar module segment.<BR><BR>Net profit also showed improvement, rising to ₹110.42 crores, which is a 12.50% increase from the previous quarter and a 21.86% increase year-on-year. However, this growth in profit did not keep pace with the revenue increase, indicating potential challenges in maintaining profitability.<BR><BR>On the downside, the operating margin has contracted to 16.14%, down from 18.53% in the previous quarter and 18.74% a year ago. This decline in margins raises concerns about the company's ability to manage costs effectively amidst rising input prices and competitive pressures. Additionally, the profit after tax margin decreased to 7.60%, reflecting similar pressures.<BR><BR>The increase in interest costs, which surged to ₹56.55 crores, is another area of concern, as it impacts overall profitability and suggests rising working capital needs. <BR><BR>In summary, while Vikram Solar has demonstrated strong revenue growth, the erosion of margins and rising costs present challenges that investors should monitor closely. The results can be seen as good in terms of revenue growth but concerning regarding profitability and margin sustainability.

When is the next results date for Vikram Solar Ltd?

The next results date for Vikram Solar Ltd is 07 May 2026.

The next results date for Vikram Solar Ltd is scheduled for 07 May 2026.

Is Vikram Solar overvalued or undervalued?

As of November 25, 2025, Vikram Solar is considered overvalued with a valuation grade of "expensive," a PE ratio of 70.56, and an EV to EBITDA of 17.07%, despite a low ROE of 4.70% and recent stock performance lagging behind the Sensex.

As of 25 November 2025, Vikram Solar's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 70.56, an EV to EBITDA of 17.07, and a ROCE of 22.03%. <BR><BR>In comparison to its peers, Siemens Energy has a PE ratio of 100.29 and an EV to EBITDA of 72.94, while ABB stands at a PE of 60.6 and an EV to EBITDA of 47.28. Despite these high valuations among peers, Vikram Solar's ratios suggest it is still trading at a premium, particularly given its low ROE of 4.70%. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-month return of -19.33% compared to a 0.45% gain in the index, reinforcing the notion that it may be overvalued.

How has been the historical performance of Vikram Solar?

Vikram Solar's historical performance as of March 2025 shows significant growth, with an operating income of 3,423.45 crore, a profit after tax of 139.83 crore, and a strong operating profit margin of 14.37%. The company also reported balanced total assets and liabilities of 2,832.08 crore, indicating financial stability.

Answer:<BR>The historical performance of Vikram Solar shows significant growth in various financial metrics as of March 2025.<BR><BR>Breakdown:<BR>Vikram Solar reported a total operating income of 3,423.45 crore in March 2025, with a raw material cost of 2,589.81 crore, leading to a total expenditure of 2,931.44 crore. This resulted in an operating profit (PBDIT) of 528.08 crore, and after accounting for interest and depreciation, the profit before tax stood at 217.36 crore. The profit after tax was recorded at 139.83 crore, translating to an earnings per share (EPS) of 4.42. The operating profit margin was 14.37%, while the profit after tax margin was 4.08%. On the balance sheet, total assets reached 2,832.08 crore, with total liabilities at 2,832.08 crore as well, indicating a balanced position. Shareholder's funds increased significantly to 1,241.99 crore, supported by a rise in total reserves to 925.45 crore. Cash flow from operating activities was 298 crore, contributing to a net cash inflow of 30 crore, with closing cash and cash equivalents at 39 crore. Overall, Vikram Solar has demonstrated a strong upward trend in financial performance and stability.