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VIKRAM SOLAR LIMITED (VIKRAMSOLR) financials

VIKRAM SOLAR LIMITED (VIKRAMSOLR) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2005, Vikram Solar Ltd manufactures solar PV modules and also provides EPC and O&M services.[1]

  • Market Cap: ₹5,218Cr.
  • Current Price: ₹144
  • Stock P/E: 14.6
  • ROE: 21.4%
  • ROCE: 30.6%
  • Book Value: ₹87.6
  • Dividend Yield: 0.00%
  • 52W High / Low: ₹349/141

In Jun 2026, VIKRAM SOLAR LIMITED (VIKRAMSOLR) reported sales ₹1,536 Cr and net profit ₹19 Cr.

Annual TTM: sales ₹5,204 Cr, net profit ₹353 Cr.

Shareholding: Promoters 63.01% (Sep 2026), FIIs 3.10% (Sep 2026), DIIs 3.65% (Sep 2026), Public 30.21% (Sep 2026), No. of Shareholders 3,31,444% (Sep 2026).

VIKRAMSOLR quarterly results (₹ Cr.)
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5741,0271,1831,1351,1101,1061,4531,536
Expenses4969399728918769021,2181,411
Operating Profit7887211244234203235125
OPM %14%9%18%21%21%18%16%8%
Other Income10145416141813
Interest3430453232405649
Depreciation3739423435375764
Profit before tax173312918218414113924
Tax %36%36%36%26%30%32%21%23%
Net Profit1121831341289611019
EPS in Rs0.340.662.624.253.552.663.040.52
Raw PDF————————
VIKRAMSOLR profit and loss (₹ Cr.)
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5201,5771,7002,0062,4413,4154,8035,204
Expenses1,4031,4021,6471,8242,0492,9253,8874,407
Operating Profit11717453183392491916797
OPM %8%11%3.1%9%16%14%19%15%
Other Income251813194365261
Interest9599103123157155160178
Depreciation37394864138156162192
Profit before tax1054-8515100216646488
Tax %37%31%-29%13%33%36%27%—
Net Profit637-601367139469353
EPS in Rs0.201.44-2.320.492.584.3912.959.77
Dividend Payout %0%0%0%0%0%0%0%—
VIKRAMSOLR balance sheet (₹ Cr.)
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2824259259259317362
Reserves3504011081292029412,811
Borrowings494672703788854272617
Other Liabilities7066971,1531,2701,2831,3201,846
Total Liabilities1,5781,7932,2232,4462,5982,8495,636
Fixed Assets3563815426274935341,079
CWIP116748131419
Investments2828313544119742
Other Assets1,1831,3181,6461,7762,0492,1833,795
Total Assets1,5781,7932,2232,4462,5982,8495,636
VIKRAMSOLR cash flows (₹ Cr.)
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity23119207173170290667
Cash from Investing Activity-38-51-157-89-82-175-1,808
Cash from Financing Activity-1745-36-100-81-921,120
Net Cash Flow19-2614-16722-21
Free Cash Flow187-416675102184384
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit202%6%406%96%46%64%89%
VIKRAMSOLR shareholding pattern (%)
CategorySep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters63.12%63.01%63.01%63.01%63.01%
FIIs2.08%1.82%2.94%3.37%3.10%
DIIs6.20%4.71%4.80%4.04%3.65%
Public28.59%30.45%29.25%29.60%30.21%
No. of Shareholders3,06,4262,87,4372,85,3013,03,9763,31,444
VIKRAMSOLR key ratios
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12416819317417713192
Inventory Days69586979876189
Days Payable150149197103144118168
Cash Conversion Cycle4378651501207513
Working Capital Days2632168684437
ROCE %—16%2%12%22%26%31%
VIKRAMSOLRUpdated 18 Oct 2026, 6:16

Vikram Solar Limited

Market Cap

₹5,218Cr.

Current Price

₹144

High / Low

₹349/141

Stock P/E

14.6

ROE21.4%
ROCE30.6%
Book Value₹87.6
Face Value₹10.0
Dividend Yield0.00%

About

Incorporated in 2005, Vikram Solar Ltd manufactures solar PV modules and also provides EPC and O&M services.[1]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Sep 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12416819317417713192
Inventory Days69586979876189
Days Payable150149197103144118168
Cash Conversion Cycle4378651501207513
Working Capital Days2632168684437
ROCE %—16%2%12%22%26%31%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of VIKRAM SOLAR LIMITED (VIKRAMSOLR)?

The reported market capitalisation for VIKRAM SOLAR LIMITED (VIKRAMSOLR) is ₹5,218Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of VIKRAMSOLR?

The current price shown for VIKRAM SOLAR LIMITED (VIKRAMSOLR) on Fincrux is ₹144 with a 52-week high/low of ₹349/141.

What is the P/E ratio of VIKRAM SOLAR LIMITED (VIKRAMSOLR)?

The stock P/E for VIKRAM SOLAR LIMITED (VIKRAMSOLR) is 14.6 on Fincrux, with ROE at 21.4% and ROCE at 30.6%.

What were VIKRAMSOLR latest quarterly results?

For Jun 2026, VIKRAM SOLAR LIMITED (VIKRAMSOLR) reported sales ₹1,536 Cr and net profit ₹19 Cr (figures in ₹ crore unless noted).

What are VIKRAMSOLR annual sales and net profit?

For TTM, VIKRAM SOLAR LIMITED (VIKRAMSOLR) shows sales of ₹5,204 Cr and net profit of ₹353 Cr on the Fincrux profit & loss statement.

Who owns VIKRAM SOLAR LIMITED (VIKRAMSOLR)?

Latest shareholding for VIKRAM SOLAR LIMITED (VIKRAMSOLR) on Fincrux: Promoters 63.01% (Sep 2026), FIIs 3.10% (Sep 2026), DIIs 3.65% (Sep 2026), Public 30.21% (Sep 2026), No. of Shareholders 3,31,444% (Sep 2026).

Where can I find VIKRAM SOLAR LIMITED (VIKRAMSOLR) financials?

VIKRAM SOLAR LIMITED (VIKRAMSOLR) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show VIKRAMSOLR balance sheet and cash flow?

Yes. The VIKRAM SOLAR LIMITED (VIKRAMSOLR) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 6:16

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