1. MARKETS
  2. SECTOR : CONSUMER DURABLES
  3. INDUSTRY : OTHER ELECTRICAL EQUIPMENT/PRODUCTS
  4. VIKRAM SOLAR LTD.
Vikram Solar Ltd.
NSE: VIKRAMSOLR | BSE: 544488
Ask AI about Vikram Solar
148.94-2.56(-1.69%)
2.0M
NSE+BSE Volume

NSE 07 Oct, 2026 3:31 PM (IST)

Portfolio

Alert

My Notes

Vikram Solar quarterly and annual financials: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Vikram Solar quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Vikram Solar Jun-2026 Quarterly Revenue is Rs 1,549 Cr which is growth of 35.9% YoY.

  • NEGATIVE

    Quarterly Net Profit Vikram Solar Jun-2026 Quarterly Net Profit is Rs 19 Cr which is growth of -86.1% YoY.

Vikram Solar Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24
⌄
1,548.61,4711,125.81,125.71,139.41,1881,566.658.4638.7
Operating Exp.
1,4111,218.1902.4875.5891.4971.81,385.849.6517.7
Operating Profit
125234.5203.4234.4243.8211.5157.37.8114.1
Operating Profit Margin %
8.14%16.14%18.39%21.12%21.48%17.87%10.19%13.54%18.06%
Depr.
6457.136.534.933.542.272.73.737.3
Interest
49.356.540.131.632.345.260.43.445.7
Profit Before Tax
24.2139.3141.2183.7182.3128.747.61.738.1
Tax
5.529.344.755.547.945.9170.613.6
Net Profit
18.711096.4128.2134.482.830.71.124.5
EPS Adj. latest
0.532.73.53.72.30.900.7
Net profit TTM
353.4469.1441.9376.2249139.1---
Basic EPS TTM
9.81312.210.47.94.4---
Earnings Transcripts
    
AI Summary
   
    
Results PDF
    
Result Notes
    
*All financials are in INR Cr and price data in INR

Vikram Solar competitor comparison and performance snapshot within industry

Vikram Solar annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

  • POSITIVE

    Annual Revenue Vikram Solar Mar-2026 Annual Revenue is Rs 4,862 Cr which is growth of 40.9% YoY.

  • POSITIVE

    Annual Net Profit Vikram Solar Mar-2026 Annual Net Profit is Rs 469 Cr which is growth of 237.2% YoY.

Vikram Solar Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMMar '26Mar '25Mar '24Mar '23Mar '22Mar '21
33.9%
25%
5,2714,861.93,451.72,456.12,026.61,713.31,594.3
Operating Exp. Ann.
28.7%
22.6%
4,4073,887.42,924.92,0491,824.61,647.41,402.3
Operating Profit Ann.
71.4%
39.4%
797.3916.1490.6391.8181.953.1174.3
OPM Ann. %
28.1%
11.5%
 18.84%14.21%15.95%8.97%3.10%10.93%
⌄
27.9%
22.3%
 4,209.83,235.52,344.22,0121,798.11,540.5
EBITDA Ann.
69%
38.4%
 974.5526.8407.120265.9192
EBITDA Ann. margin %
26.2%
10.7%
 20.04%15.26%16.57%9.97%3.85%12.04%
Interest Ann.
9.1%
10%
177.5160.4154.7157.2123.4102.999.5
Depr.
36.4%
33.1%
192.516215613863.947.938.8
PBT Ann.
253.8%
64.4%
488.4646.5216.2100.214.6-84.953.8
Tax Ann.
353.7%
60.6%
135177.477.133.41.9-24.716.6
233%
66.1%
 469.1139.166.812.7-60.137.1
Net Profit Ann.
233%
66.1%
353.4469.1139.166.812.7-60.137.1
NPM Ann. %
149.3%
32.9%
 9.76%4.07%2.73%0.63%-3.53%2.35%
EPS Adj. latest Ann.
218.3%
66.8%
 12.93.81.80.4-1.71
Result Notes
      
Annual Reports
     
*All financials are in INR Cr and price data in INR
Total Rev. Ann.
1Y CHG
40.9%
2Y CAGR
40.7%
3Y CAGR
33.9%
5Y CAGR
25%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
237.2%
2Y CAGR
165%
3Y CAGR
233%
5Y CAGR
66.1%
Net Profit Annual growth is higher than historical averages.
Operating Exp. Ann.
1Y CHG
32.9%
2Y CAGR
37.7%
3Y CAGR
28.7%
5Y CAGR
22.6%
Operating Expenses Annual Cr growth is higher than historical averages.

Vikram Solar balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Vikram Solar Mar-2026 Total Shareholders Fund is Rs 3,173 Cr which is growth of 152.4% YoY.

  • POSITIVE

    Total Assets Vikram Solar Mar-2026 Total Assets is Rs 5,636 Cr which is growth of 97.8% YoY.

Vikram Solar Ltd., Balance Sheet, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21
⌄
101.6%
49.5%
3,172.91,257.2460.3387.5366.8424.4
Minority Interest Liability Ann.
-
-
------
⌄
-11.5%
9.7%
560.7198726.6809.3403.1353.3
15.1%
13.4%
1,902.11,393.91,4111,248.81,452.71,015.6
Total Capital Plus Liabilities Ann.
32.1%
25.7%
5,635.82,849.12,597.92,445.52,222.61,793.2
⌄
20%
19.7%
1,098.1547.2505.3635.1545.2447.5
⌄
45.7%
32.2%
2,260.6718.6617.9730.6643.5559.4
25.3%
22.3%
3,375.22,130.51,9801,714.91,579.11,233.8
Total Assets Ann.
32.1%
25.7%
5,635.82,849.12,597.92,445.52,222.61,793.2
Contingent Liabilities plus Commitments Ann.
-13.3%
-12.6%
78.4273.6169.8120.286.3154.1
Bonus Equity Share Capital Ann.
0%
-
235.3235.3235.3235.3235.3
Non Current Investments Unquoted Book Value Ann.
177.1%
93.2%
742.4118.943.634.93127.6
Current Investments Unquoted Book Value Ann.
-
-
*All financials are in INR Cr and price data in INR
Total Assets Ann.
1Y CHG
97.8%
2Y CAGR
47.3%
3Y CAGR
32.1%
5Y CAGR
25.7%
Total Assets Annual growth is higher than historical averages.
Total Current Liabilities Ann.
1Y CHG
36.5%
2Y CAGR
16.1%
3Y CAGR
15.1%
5Y CAGR
13.4%
Total Current Liabilities Annual Cr growth is higher than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
152.4%
2Y CAGR
162.5%
3Y CAGR
101.6%
5Y CAGR
49.5%
Total ShareHolders Funds Annual growth is higher than historical averages.

Vikram Solar ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

  • POSITIVE

    Book Value Per Share Vikram Solar Mar-2026 Book Value Per Share is 88 Rs which is growth of 120.5% YoY.

  • POSITIVE

    ROE Vikram Solar Mar-2026 ROE is 15% which is growth of 3.7% YoY.

Vikram Solar Ltd., Ratios, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21
BVSH Ann.
80.1%
-13.5%
87.639.717.81514.2180.4
RoA Ann. %
153.6%
32.1%
8.32%4.88%2.57%0.51%-2.70%2.07%
ROE Ann. %
65.3%
11.1%
14.78%11.06%14.51%3.27%-16.39%8.75%
ROCE Ann. %
23.6%
2%
21.76%25.48%22.66%11.53%2.33%19.70%
⌄
      
⌄
      
⌄
      
Total Debt to Total Equity Ann.
-
-
00.21.81.91.91.5
*All financials are in INR Cr and price data in INR
ROE Ann. %
1Y CHG
33.6%
2Y CAGR
0.9%
3Y CAGR
65.3%
5Y CAGR
11.1%
ROE Annual % is stable compared to historical averages.
RoA Ann. %
1Y CHG
70.5%
2Y CAGR
79.9%
3Y CAGR
153.6%
5Y CAGR
32.1%
RoA Annual % is stable compared to historical averages.
Current Ratio Ann.
1Y CHG
20%
2Y CAGR
13.4%
3Y CAGR
8.7%
5Y CAGR
8.4%
Current Ratio Annual growth is higher than historical averages.

Vikram Solar cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

  • POSITIVE

    Cash From Operating Activity Vikram Solar Mar-2026 Cash From Operating Activity is Rs 667 Cr which is growth of 122.8% YoY.

  • NEGATIVE

    Net Cash Flow Vikram Solar Mar-2026 Net Cash Flow is Rs -21 Cr which is growth of -193.4% YoY.

Vikram Solar Ltd., Cash Flow, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21
56.7%
103.9%
666.9299.3170.5173.4207.418.9
Cash from Investing Act. Ann.
-
-
-1,807.8-180.4-82-88.7-157.5-50.8
Cash from Financing Act. Ann.
-
190.7%
1,120.1-96.7-81-100.5-36.25.4
-
-
-20.822.27.4-15.813.8-26.4
*All financials are in INR Cr and price data in INR
Cash from Operating Act. Ann.
1Y CHG
122.8%
2Y CAGR
97.8%
3Y CAGR
56.7%
5Y CAGR
103.9%
Cash from Operating Activity Annual growth is higher than historical averages.
Cash from Financing Act. Ann.
5Y CAGR
190.7%
Cash from Financing Annual Activity growth is higher than historical averages.

Vikram Solar investor presentations, annual reports, credit ratings, and earnings calls with AI summary, video, and audio access