Vikram Solar

Which are the latest news on Vikram Solar?

Why is Vikram Solar Ltd falling/rising?

As of 05-Sep, Vikram Solar Ltd's stock price is at Rs 168.45, reflecting a 1.69% decrease and a significant decline of 29.22% year-to-date. The stock has underperformed due to a recent 83.3% drop in profit after tax and negative investor sentiment, despite some positive long-term growth indicators.

As of 05-Sep, Vikram Solar Ltd's stock price is falling, currently at Rs 168.45, which reflects a decrease of Rs 2.9 or 1.69%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 29.22% and a staggering 47.66% drop over the past year. This poor performance is compounded by negative results reported for the most recent quarter, where the profit after tax fell by 83.3% compared to the previous four-quarter average.<BR><BR>Despite some positive indicators, such as a healthy long-term growth rate in net sales and operating profit, the stock's recent performance has been disappointing. It has also underperformed against the broader market benchmarks, including the Sensex, which has only declined by 10.21% over the same period. Additionally, the stock's performance today has been characterized by a day’s low of Rs 167.1, indicating downward pressure.<BR><BR>Investor sentiment appears to be cautious, as evidenced by the stock's performance today, which underperformed its sector by 0.92%. Although there has been a notable increase in delivery volume, this does not seem to be enough to counteract the overall negative trend in the stock's price. The combination of these factors contributes to the ongoing decline in Vikram Solar Ltd's stock price.

What does Vikram Solar do?

Vikram Solar Ltd is a small-cap company in the Other Electrical Equipment industry, specializing in solar energy solutions. As of June 2026, it reported net sales of ₹1,563 Cr and a net profit of ₹20 Cr, with a market cap of ₹6,140 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>Vikram Solar Limited was originally incorporated in 2005 as "International Leather Clothiers Private Limited" in Kolkata, West Bengal. The company underwent several name changes, becoming "International Clothiers Private Limited" in 2006 and finally "Vikram Solar Private Limited" in 2008. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,563 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 20 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 6,140 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.19 <BR>Return on Equity: 14.97% <BR>Price to Book: 1.98 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Vikram Solar?

Vikram Solar's peers include Diamond Power, Avalon Tech, Genus Power, Ram Ratna Wires, Shilchar Tech, Spectrum Electr., and Websol Energy. Avalon Tech leads in 1-year returns at 184.47%, while Vikram Solar has the lowest at -49.83%.

Peers: The peers of Vikram Solar are Diamond Power, Avalon Tech, Genus Power, Ram Ratna Wires, Shilchar Tech., Spectrum Electr., and Websol Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avalon Tech and Shilchar Tech., while Average management risk is found at Genus Power, Vikram Solar, Ram Ratna Wires, Spectrum Electr., and Websol Energy, and the rest. Growth is Excellent for Avalon Tech, Genus Power, Vikram Solar, Ram Ratna Wires, Shilchar Tech., and Websol Energy, while Good growth is noted at Spectrum Electr. and the rest. Capital Structure is Excellent at Avalon Tech and Shilchar Tech., Good at Genus Power, Vikram Solar, and Websol Energy, while Average is seen at Ram Ratna Wires, and Below Average at Diamond Power and Spectrum Electr.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Avalon Tech at 184.47%, while Vikram Solar has the lowest at -49.83%. Vikram Solar's 1-year return is significantly lower than all its peers. Additionally, Genus Power, Shilchar Tech., and Websol Energy have negative six-month returns.

How big is Vikram Solar?

As of 31st August, Vikram Solar Ltd has a market capitalization of 6,140.00 Cr, with recent net sales of 5,231.77 Cr and a net profit of 356.84 Cr.

As of 31st August, Vikram Solar Ltd has a market capitalization of 6,140.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, Vikram Solar reported Net Sales of 5,231.77 Cr and a Net Profit of 356.84 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 3,172.93 Cr and Total Assets of 5,635.77 Cr.

Should I buy, sell or hold Vikram Solar Ltd?

When is the next results date for Vikram Solar Ltd?

The next results date for Vikram Solar Ltd is 06 August 2026.

The next results date for Vikram Solar Ltd is scheduled for 06 August 2026.

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.

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.