VIKRAMSOLR
Vikram Solar Limited (VIKRAMSOLR) Stock Analysis
Vikram Solar Limited manufactures solar PV modules and provides EPC solutions for renewable projects in India. It supplies panels to utilities, rooftops, and export customers with a legacy in solar manufacturing. The company supports India's clean-energy deployment. It is listed on Indian stock exchanges.
Technology › Solar
₹144.00
+1.18% 1W | -57.50% 52W
Market Cap
5.2k CR
P/E Ratio
14.3
52W High
₹354.4
52W Low
₹140.6
Div. Yield
0%
Beta
–
50 DMA
₹162.3
200 DMA
₹190.8
Profit Margin
6.8%
Inst. Own.
3.8%
📊 ANALYZING TREND
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 631 | 573 | 1,026 | 1,194 | 1,134 | 1,110 | 1,106 | 1,453 | 1,563 |
| Expenses | 519 | 501 | 941 | 970 | 891 | 875 | 901 | 1,218 | 1,437 |
| Operating Profit | 111 | 72 | 85 | 224 | 242 | 235 | 205 | 234 | 126 |
| OPM % | 18% | 13% | 8% | 19% | 21% | 21% | 19% | 16% | 8% |
| Other Income | 6 | 11 | 12 | 8 | 4 | 16 | 15 | 18 | 13 |
| Interest | 45 | 34 | 28 | 48 | 32 | 32 | 40 | 57 | 49 |
| Depreciation | 37 | 37 | 39 | 42 | 34 | 35 | 37 | 57 | 64 |
| Profit before tax | 36 | 11 | 30 | 141 | 181 | 184 | 143 | 139 | 25 |
| Tax % | 36% | 36% | 36% | 36% | 26% | 30% | 31% | 21% | 22% |
| Net Profit | 23 | 7 | 19 | 91 | 133 | 128 | 98 | 110 | 20 |
| EPS in Rs | 0.72 | 0.23 | 0.60 | 2.86 | 4.21 | 3.55 | 2.71 | 3.05 | 0.55 |
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,640 | 1,610 | 1,730 | 2,073 | 2,511 | 3,415 | 4,803 | 5,232 |
| Expenses | 1,500 | 1,433 | 1,672 | 1,886 | 2,112 | 2,925 | 3,887 | 4,431 |
| Operating Profit | 140 | 177 | 59 | 187 | 399 | 491 | 916 | 800 |
| OPM % | 9% | 11% | 3.4% | 9% | 16% | 14% | 19% | 15% |
| Other Income | 22 | 17 | 13 | 18 | 1 | 36 | 52 | 61 |
| Interest | 95 | 99 | 103 | 122 | 155 | 155 | 160 | 178 |
| Depreciation | 37 | 39 | 48 | 64 | 138 | 156 | 162 | 193 |
| Profit before tax | 30 | 56 | -79 | 19 | 107 | 216 | 646 | 492 |
| Tax % | 26% | 32% | -21% | 23% | 26% | 36% | 27% | |
| Net Profit | 22 | 38 | -63 | 14 | 80 | 139 | 469 | 357 |
| EPS in Rs | 0.73 | 1.48 | -2.43 | 0.56 | 3.08 | 4.39 | 12.95 | 9.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 32.0% | 24.0% | – |
| Profit CAGR | 214.0% | 65.0% | – |
Shareholding Pattern
Promoters63.12%
FIIs2.08%
DIIs6.20%
Public28.59%
Promoters63.01%
FIIs1.82%
DIIs4.71%
Public30.45%
Promoters63.01%
FIIs2.94%
DIIs4.80%
Public29.25%
Promoters63.01%
FIIs3.37%
DIIs4.04%
Public29.60%
Promoters63.01%
FIIs3.10%
DIIs3.65%
Public30.21%
Promoters63.01%
FIIs2.94%
DIIs4.80%
Public29.25%
Promoters63.01%
FIIs3.10%
DIIs3.65%
Public30.21%
VIKRAMSOLR
Holdings Analysis
Key strengths & risk signals
63
Overall
80
Fundamental
47
Technical
Risks (4)
LOW MARGIN! 6.8% profit margin - thin profits.
POOR YEAR! Stock declined 57.5% in the last year.
WEAK POSITION! Current price (144.0) is below both moving averages.
WEAK! Trading at 1.6% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.07 indicates stock is cheap relative to growth.
APPROACHING OVERSOLD! RSI at 32.2 - watch for reversal.
BULLISH SENTIMENT! In last 30 days: 9 up days, 21 down days. Avg volume on up days: 1,767,958 vs down days: 1,743,466. Ratio: 1.01x
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Fundamental & Technical Analysis
63Overall
80Fundamental
47Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 32.3% (EXCELLENT, 15/15). Profit CAGR: 219.0% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 6.8% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.07 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.22 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 28.59% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (162.3) is below 200-day average (190.8) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (144.0) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
0/10
POOR YEAR! Stock declined 57.5% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 9 up days, 21 down days. Avg volume on up days: 1,767,958 vs down days: 1,743,466. Ratio: 1.01x
RSI
4/5
APPROACHING OVERSOLD! RSI at 32.2 - watch for reversal.
52W Range
1/5
WEAK! Trading at 1.6% of 52W range - near yearly lows.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 1.2% (1 week), -12.1% (1 month), -25.1% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
VIKRAMSOLR
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-13 | Concall PDF | |
| Q4FY262026-05-13 | Concall PDF | |
| Q3FY262026-01-28 | Concall PDF | |
| Q2FY262025-10-27 | Concall PDF | |
| Q1FY172025-09-17 | Concall PDF |
Peer Comparison
Technology · Solar · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VIKRAMSOLR | ₹144.00 | 14.3 | 6.8% | 32.3% | 219.0% | -57.5% | 63 | CONSOLIDATING DOWN | -85.2% | -82.1% | +37.9% | +7.6% |
| SAATVIKGL | ₹396.80 | 29.3 | 5.9% | 95.5% | 322.3% | -21.1% | 74 | BOUNCE FROM SUPPORT | -95.3% | -90.9% | -44.2% | -68.2% |
| BORORENEW | ₹428.50 | 15.7 | 23.7% | 20.2% | 22.8% | -33.4% | 68 | BREAKOUT | -152.1% | -48.7% | +17.1% | -7.8% |
| UTLSOLAR | ₹394.90 | 40.1 | 8.6% | 58.7% | 132.0% | +100.8% | 71 | CONSOLIDATING DOWN | -14.4% | -45.6% | +125.3% | +49.4% |
| EMMVEE | ₹277.20 | 14.2 | 23.5% | 102.7% | 394.6% | +28.6% | 73 | BREAKDOWN | +102.6% | -3.1% | +51.3% | -10.5% |
| SWSOLAR | ₹165.50 | – | 2.9% | 55.3% | – | -22.7% | 60 | BREAKOUT | +69.4% | -59.7% | -9.7% | -18.3% |
| WEBELSOLAR | ₹68.20 | 9.6 | 26.1% | 293.4% | – | -43.6% | 55 | BREAKOUT | +15.8% | -37.5% | +70.3% | -7.2% |
| RELTD | ₹141.20 | 52.3 | 12.5% | 30.6% | 66.2% | +1.3% | 72 | APPROACHING SUPPORT | -92.8% | -48.4% | -33.9% | -21.7% |
Data from TradeAlone · Updated daily
VIKRAMSOLR News
Vikram Solar Limited (vikramsolr) Secures 187 MW Module Supply Order for Karnataka and Tamil Nadu Projects2026-10-15Vikram Solar Limited (vikramsolr) Secures 124 MW Module Supply Order for Solar Project in Andhra Pradesh2026-09-11Vikram Solar Limited (VIKRAMSOLR) gains 10% intraday2026-08-17Vikram Solar Limited (VIKRAMSOLR) climbs up 6% intraday2026-08-17Vikram Solar Limited (VIKRAMSOLR) breaks below support, falls 5%2026-08-07Vikram Solar Limited Q1 FY27: Revenue Up 213%, PAT Surges 100%2026-08-07Vikram Solar Limited (VIKRAMSOLR) rises 5% intraday2026-07-09Vikram Solar Limited (vikramsolr) Rolls Out First Module from New Tamil Nadu Facility2026-07-06
