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VIKRAMSOLR

Vikram Solar Limited Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 64/100 · Average See breakdown ↓
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NSE Close — 25 Sep 2026

₹160.31

Change

-0.11 (-0.07%)

Open

₹161.4

Prev. Close

₹160.42

Day High

₹161.41

Day Low

₹160.0

Volume Analysis

Traded

897,713

Delivered

517,009

Delivery %

57.59%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (1)

  • •Strong return on equity (21.4%)

Weaknesses (0)

No signal for this stock

Opportunities (3)

  • •Strong 3-year EPS growth (184.9%)
  • •Strong 3-year revenue growth (32.3%)
  • •FII holding has been rising

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹162.55 ₹161.98 ₹161.14 ₹160.57 ₹159.73 ₹159.16 ₹158.32
Fibonacci ₹161.98 ₹161.44 ₹161.11 ₹160.57 ₹160.03 ₹159.7 ₹159.16
Camarilla ₹160.7 ₹160.57 ₹160.44 ₹160.57 ₹160.18 ₹160.05 ₹159.92

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

-32.41%

1 Week

-2.1%

1 Month

-7.18%

3 Months

-10.77%

6 Months

-12.48%

1 Year

-50.41%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹159.76

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

10.32%

Net margin 6.82% × asset turnover 0.85x × equity multiplier 1.78x

Company Overview

Sector

Capital Goods

Market Cap

₹5,809 Cr

P/E (TTM)

16.1

ROE

21.4%

Book Value

₹87.6

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.

TopFund Analysis

Vikram Solar Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 64/100. The strongest factor is Financial Strength (100/100), while Momentum (3/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (21.4%). Strong 3-year EPS growth (184.9%).

TopFund Score — Fundamentals Quality

64/100 — Average

Data confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

100

Growth

75

Valuation

62

Cash Flow

83

Corporate Governance

56

Momentum

3

Institutional Ownership

35

Business Quality

76

Risk & Volatility

46

Liquidity

73

From Screener.in

  • +Company is expected to give good quarter
  • +Company has delivered good profit growth of 65.3% CAGR over last 5 years
  • +Debtor days have improved from 132 to 92.2 days.
  • +Company's working capital requirements have reduced from 48.0 days to 36.6 days
  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company's cost of borrowing seems high

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Sep

The intimation for Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015

Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Sep

Vikram Solar signs 1 GW solar cell supply deal with Avaada Electro, worth about Rs. 1,250 crore.

Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Sep

Vikram Solar won a 124 MW module supply order for an Andhra Pradesh solar project, starting October 2026.

Announcement under Regulation 30 (LODR)-Acquisition 26 Aug

Vikram Solar acquired 100% of Vikram Solar Australia Pty Ltd for USD 50,000 on August 26, 2026.

Announcement under Regulation 30 (LODR)-Earnings Call Transcript 13 Aug 13 Aug

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Sales + 631 573 1,026 1,194 1,134 1,110 1,106 1,453 1,563
Expenses + 519 501 941 970 891 875 901 1,218 1,437
Operating Profit 111 72 85 224 242 235 205 234 126
OPM % 18.0% 13.0% 8.0% 19.0% 21.0% 21.0% 19.0% 16.0% 8.0%
Other Income + 6 11 12 8 4 16 15 18 13
Interest 45 34 28 48 32 32 40 57 49
Depreciation 37 37 39 42 34 35 37 57 64
Profit before tax 36 11 30 141 181 184 143 139 25
Tax % 36.0% 36.0% 36.0% 36.0% 26.0% 30.0% 31.0% 21.0% 22.0%
Net Profit + 23 7 19 91 133 128 98 110 20
EPS in Rs 1 0 1 3 4 4 3 3 1
Raw PDF — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 1,640 1,610 1,730 2,073 2,511 3,415 4,803 5,232
Expenses + 1,500 1,433 1,672 1,886 2,112 2,925 3,887 4,431
Operating Profit 140 177 59 187 399 491 916 800
OPM % 9.0% 11.0% 3.4% 9.0% 16.0% 14.0% 19.0% 15.0%
Other Income + 22 17 13 18 1 36 52 61
Interest 95 99 103 122 155 155 160 178
Depreciation 37 39 48 64 138 156 162 193
Profit before tax 30 56 -79 19 107 216 646 492
Tax % 26.0% 32.0% -21.0% 23.0% 26.0% 36.0% 27.0% —
Net Profit + 22 38 -63 14 80 139 469 357
EPS in Rs 8 16 -2 1 3 4 13 10
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 334 391 92 106 187 941 2,811
Borrowings + 494 672 703 792 854 272 617
Other Liabilities + 720 712 1,183 1,319 1,286 1,320 1,846
Total Liabilities 1,576 1,798 2,237 2,476 2,585 2,849 5,636
Fixed Assets + 357 381 547 644 505 534 1,079
CWIP 11 67 4 18 28 14 19
Investments 0 0 0 0 0 119 742
Other Assets + 1,209 1,350 1,687 1,814 2,052 2,183 3,795
Total Assets 1,576 1,798 2,237 2,476 2,585 2,849 5,636
Equity Capital 28 24 259 259 259 317 362

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + 227 13 201 195 152 290 667
Cash from Investing Activity + -36 -40 -155 -110 -64 -175 -1,808
Cash from Financing Activity + -174 4 -36 -102 -81 -92 1,120
Net Cash Flow 16 -23 10 -17 7 22 -21
CFO/OP 165 4 358 106 41 64 89
Free Cash Flow 182 -40 56 82 81 184 384

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 63.12% → 63.01%
  Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 28.59% 30.45% 29.25% 29.6%
Promoters 63.12% 63.01% 63.01% 63.01%
FII 2.08% 1.82% 2.94% 3.37%
DII 6.2% 4.71% 4.8% 4.04%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Capital Goods — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Vikram Solar Limited (this stock) 5,809 16.1 1.83 21.4%
Praj Industries Ltd 5,807 115.0 4.44 1.48%
Marine Electrical (i) Ltd 5,790 89.1 11.76 13.2%
Shakti Pumps (i) Ltd 5,761 27.1 3.38 18.0%
Spectrum Electric Ind Ltd 6,013 116.0 22.56 20.4%
Balu Forge Industries Ltd 6,182 23.1 3.89 19.6%
Saatvik Green Energy Ltd 5,433 21.9 3.99 42.4%

Which Mutual Funds Hold Vikram Solar Limited?

Frequently Asked Questions about Vikram Solar Limited

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