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Vikram Solar Limited

VIKRAMSOLR·NSE·
₹143.98▲ +1.61 (+1.13%)
Market Cap5216.09 Cr
PE Ratio10.52
Volume10,66,553
Day High - Low145.00 - 142.24
52W High-Low354.40 - 140.62

Vikram Solar Limited (VIKRAMSOLR): company summary

The company's business is improving, with annual revenue rising 40.6% and net profit surging 238.4%.

Vikram Solar Limited (VIKRAMSOLR) is a small-cap Capital Goods company valued at ₹5,216 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move
Vikram Solar Limited last traded at ₹143.98, modestly up 1.13% on the day.
Recent developments
On 2026-10-13, Vikram Solar announced a capex expansion to boost its presence in Tamil Nadu with a new BESS facility. On 2026-08-14, the company inaugurated a 6 GW solar plant in Tamil Nadu, expected to create over 800 jobs. On 2026-08-07, the stock fell over 10%, hitting a 52-week low due to a sharp 85% drop in Q1 net profit and shrinking margins.
Financial performance
The company's business is improving, with annual revenue rising 40.6% and net profit surging 238.4%. However, the latest quarter shows a sharp drop in net profit, falling 85.2% compared to the same quarter a year earlier, while revenue grew 37.9%.
Valuation multiples
The stock trades at 10.5 times earnings, 1.89 times book value.
Things to watch
The company's latest quarter net profit fell 85.2% compared to the same quarter a year earlier. The stock is 59.4% below its 52-week high. Promoter shares pledged account for 9.24% of promoter holding. The company is not paying dividends despite repeated profits.
Where it stands
Vikram Solar has seen strong revenue growth and improved net profit margins over the past year, but the latest quarter shows a significant drop in net profit. The stock is far below its 52-week high, and the company is not paying dividends. The most significant figure is the 85.2% decline in net profit for the latest quarter.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
5.9/10
Fair
Fair Value
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ROE
14.85%
Average
P/E
10.52x
Cheap
Debt / Equity
0.20
Low
Industry
Capital Goods
Other Electrical Equipment
Overall View
Mixed

Price performance

Day₹142.24
₹145.00
52W₹140.62
₹354.40
DocStoX take

Supported by growth (8.5) and valuation (7.2), but held back by momentum (0.0). Growth looks strong at 8.5, but that is offset by momentum at 0.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
5.9
/10
Fair
Quality
Solid
ROE 14.9%
Valuation
Fair
P/E 10.5×
Growth
Strong
Revenue +24.4% 5Y CAGR
Risk
Moderate
D/E 0.20
Momentum
Weak
2% of 52-week range

At a glance

Market Cap
₹5,216 Cr
52W High / Low
₹354 / ₹141
Dividend Yield
0.00%
Promoter Holding
63.01%
EPS (TTM)
₹13.68
Book Value
₹87.43

Key highlights

  • Profit compounding 65% a year
  • Low leverage — D/E 0.20
  • Undemanding at 11× earnings
  • Momentum is weak (0.0/10)
  • Near the bottom of its 52-week range (2%)
4 Positives2 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Other Electrical Equipment

Vikram Solar Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.