Quality key factors
Factor
Value
Sales Growth (5y)
30.50%
EBIT Growth (5y)
68.45%
EBIT to Interest (avg)
1.58
Debt to EBITDA (avg)
0.54
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
1.65
Tax Ratio
35.65%
Dividend Payout Ratio
0
Pledged Shares
48.20%
Institutional Holding
8.29%
ROCE (avg)
23.41%
ROE (avg)
10.18%
Valuation Key Factors 
Factor
Value
P/E Ratio
66
Industry P/E
66
Price to Book Value
3.08
EV to EBIT
22.98
EV to EBITDA
15.67
EV to Capital Employed
5.06
EV to Sales
2.25
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
22.03%
ROE (Latest)
4.70%
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9What is working for the Company
PBT LESS OI(Q)
At Rs 167.97 cr has Grown at 97.8% (vs previous 4Q average
PAT(Q)
At Rs 128.24 cr has Grown at 103.1% (vs previous 4Q average
OPERATING CF(Y)
Highest at Rs 299.33 Cr
NET SALES(Q)
At Rs 1,109.91 cr has Grown at 26.0% (vs previous 4Q average
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
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Here's what is working for Vikram Solar
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 167.97 cr has Grown at 97.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 84.94 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 128.24 cr has Grown at 103.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 63.15 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Cash Flow - Annually
Highest at Rs 299.33 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
At Rs 1,109.91 cr has Grown at 26.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 880.96 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Vikram Solar
Non Operating Income - Quarterly
Highest at Rs 15.76 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






