Vikram Solar Limited (BOM:544488)

Vikram Solar Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	-	357.73	391.57	89.49	16.31	188.68
Cash & Short-Term Investments	357.73	357.73	391.57	89.49	16.31	188.68
Cash Growth	-8.64%	-8.64%	337.56%	448.68%	-91.36%	119.75%
Accounts Receivable	-	12,144	12,286	11,853	9,590	9,175
Other Receivables	-	470.23	236.22	1,841	1,887	1,779
Receivables	-	12,614	12,522	13,694	11,541	10,987
Inventory	-	8,231	4,286	3,933	3,732	2,650
Prepaid Expenses	-	707.69	210.5	100.85	91.56	170.1
Other Current Assets	-	15,361	2,712	1,965	2,149	2,197
Total Current Assets	-	37,271	20,123	19,783	17,529	16,193
Property, Plant & Equipment	-	15,259	6,073	5,266	6,503	5,339
Other Intangible Assets	-	189.98	97.99	66.74	119.35	162.87
Long-Term Deferred Tax Assets	-	7.55	0.7	0.43	0.41	1.95
Other Long-Term Assets	-	4,556	2,027	739.33	611.18	676.13
Total Assets	-	57,285	28,322	25,855	24,763	22,372

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	-	15,637	8,283	6,472	4,459	7,502
Accrued Expenses	-	205.2	177.85	265.57	121.63	167.51
Short-Term Debt	-	1,001	1,172	5,675	4,737	3,782
Current Portion of Long-Term Debt	-	-	360.32	421.23	498.78	610.11
Current Portion of Leases	-	938.84	91.34	90.95	94.27	97.45
Current Income Taxes Payable	-	-	132.87	33.5	13.93	12.44
Current Unearned Revenue	-	36.32	54.5	26.7	15.39	41.76
Other Current Liabilities	-	1,957	3,702	1,237	3,022	2,610
Total Current Liabilities	-	19,775	13,974	14,223	12,962	14,823
Long-Term Debt	-	-	773.96	1,987	2,142	2,639
Long-Term Leases	-	4,512	321.35	368.84	450.02	360.67
Long-Term Unearned Revenue	-	-	24.37	143.74	123.38	195.91
Pension & Post-Retirement Benefits	-	110.35	55.5	44.17	35.18	36.91
Long-Term Deferred Tax Liabilities	-	908.38	466.41	75.7	-	-
Other Long-Term Liabilities	-	301.27	285.76	4,559	5,398	803.26
Total Liabilities	-	25,607	15,902	21,401	21,111	18,859

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	-	3,623	3,165	2,588	2,588	2,588
Additional Paid-In Capital	-	19,856	5,949	-	-	-
Retained Earnings	-	8,029	3,316	1,922	1,131	983.11
Comprehensive Income & Other	-	169.55	-11.05	-55.74	-67.06	-58.54
Shareholders' Equity	31,678	31,678	12,420	4,454	3,652	3,513
Total Liabilities & Equity	-	57,285	28,322	25,855	24,763	22,372

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	6,451	6,451	2,719	8,543	7,922	7,489
Net Cash (Debt)	-6,094	-6,094	-2,328	-8,454	-7,906	-7,301
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.01	-17.61	-7.67	-32.66	-30.54	-28.21
Filing Date Shares Outstanding	359.58	362.33	316.54	316.54	258.83	258.83
Total Common Shares Outstanding	359.58	362.33	316.54	258.83	258.83	258.83
Working Capital	-	17,496	6,149	5,560	4,567	1,369
Book Value Per Share	87.43	87.43	39.24	17.21	14.11	13.57
Tangible Book Value	31,488	31,488	12,322	4,387	3,533	3,350
Tangible Book Value Per Share	86.90	86.90	38.93	16.95	13.65	12.94
Land	-	2.63	2.63	2.63	2.63	2.63
Buildings	-	1,774	1,260	1,260	1,260	1,224
Machinery	-	9,515	8,338	6,498	6,504	5,211
Construction In Progress	-	4,181	626.2	278.11	170.45	29.38

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error