Vikram Solar Limited
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.
Price performance
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 confidenceAt a glance
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%)
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Vikram Solar Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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