Vikram Solar Limited (NSE:VIKRAMSOLR)
India flag India · Delayed Price · Currency is INR
178.00
+2.40 (1.37%)
Jul 31, 2026, 3:30 PM IST

Vikram Solar Statistics

Total Valuation

Vikram Solar has a market cap or net worth of INR 64.37 billion. The enterprise value is 70.46 billion.

Market Cap64.37B
Enterprise Value 70.46B

Important Dates

The next estimated earnings date is Tuesday, August 4, 2026.

Earnings Date Aug 4, 2026
Ex-Dividend Date n/a

Share Statistics

Vikram Solar has 362.33 million shares outstanding. The number of shares has increased by 13.96% in one year.

Current Share Class 362.33M
Shares Outstanding 362.33M
Shares Change (YoY) +13.96%
Shares Change (QoQ) +0.25%
Owned by Insiders (%) 8.51%
Owned by Institutions (%) 6.66%
Float 109.05M

Valuation Ratios

The trailing PE ratio is 13.06 and the forward PE ratio is 12.06.

PE Ratio 13.06
Forward PE 12.06
PS Ratio 1.34
PB Ratio 2.03
P/TBV Ratio 2.04
P/FCF Ratio n/a
P/OCF Ratio 10.22
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 14.98
EV / Sales 1.47
EV / EBITDA 7.43
EV / EBIT 8.89
EV / FCF n/a

Financial Position

The company has a current ratio of 1.88, with a Debt / Equity ratio of 0.20.

Current Ratio 1.88
Quick Ratio 0.66
Debt / Equity 0.20
Debt / EBITDA 0.68
Debt / FCF -6.97
Interest Coverage 6.51

Financial Efficiency

Return on equity (ROE) is 21.34% and return on invested capital (ROIC) is 22.10%.

Return on Equity (ROE) 21.34%
Return on Assets (ROA) 11.57%
Return on Invested Capital (ROIC) 22.10%
Return on Capital Employed (ROCE) 21.13%
Weighted Average Cost of Capital (WACC) n/a
Revenue Per Employee 16.30M
Profits Per Employee 1.60M
Employee Count2,946
Asset Turnover 1.12
Inventory Turnover 5.34

Taxes

In the past 12 months, Vikram Solar has paid 1.77 billion in taxes.

Income Tax 1.77B
Effective Tax Rate 27.29%

Stock Price Statistics

Beta (5Y) n/a
52-Week Price Change n/a
50-Day Moving Average 195.01
200-Day Moving Average 227.01
Relative Strength Index (RSI) 38.96
Average Volume (20 Days) 2,321,434

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, Vikram Solar had revenue of INR 48.02 billion and earned 4.70 billion in profits. Earnings per share was 13.60.

Revenue48.02B
Gross Profit 14.57B
Operating Income 7.92B
Pretax Income 6.47B
Net Income 4.70B
EBITDA 9.20B
EBIT 7.92B
Earnings Per Share (EPS) 13.60
Full Income Statement

Balance Sheet

The company has 357.73 million in cash and 6.45 billion in debt, with a net cash position of -6.09 billion or -16.82 per share.

Cash & Cash Equivalents 357.73M
Total Debt 6.45B
Net Cash -6.09B
Net Cash Per Share -16.82
Equity (Book Value) 31.68B
Book Value Per Share 87.43
Working Capital 17.50B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 6.30 billion and capital expenditures -7.22 billion, giving a free cash flow of -925.45 million.

Operating Cash Flow 6.30B
Capital Expenditures -7.22B
Depreciation & Amortization 1.28B
Net Borrowing -1.39B
Free Cash Flow -925.45M
FCF Per Share -2.55
Full Cash Flow Statement

Margins

Gross margin is 30.35%, with operating and profit margins of 16.50% and 9.80%.

Gross Margin 30.35%
Operating Margin 16.50%
Pretax Margin 13.47%
Profit Margin 9.80%
EBITDA Margin 19.17%
EBIT Margin 16.50%
FCF Margin n/a

Dividends & Yields

Vikram Solar does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -13.96%
Shareholder Yield -13.96%
Earnings Yield 7.31%
FCF Yield -1.44%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Analyst Forecast

The average price target for Vikram Solar is 246.60, which is 38.54% higher than the current price. The consensus rating is "Buy".

Price Target 246.60
Price Target Difference 38.54%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (3Y) 61.06%
EPS Growth Forecast (3Y) 45.09%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Vikram Solar has an Altman Z-Score of 4.1 and a Piotroski F-Score of 6.

Altman Z-Score 4.1
Piotroski F-Score 6