Vikram Solar Ltd

Thu 2/07/2026,15:59:30 | NSE : VIKRAMSOLR

₹191.9613.27 (7.43%)

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Market Data

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Open

₹ 184.10

Previous Close

₹ 178.69

Volume

7318015

Mkt Cap ( Rs. Cr)

₹6955.75

High

₹ 196.00

Low

₹ 184.10

52 Week High

₹ 407.85

52 Week Low

₹ 162.15

Book Value Per Share

₹ 87.42

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Vikram Solar Ltd

Your Vote -

Buy

33.33%

Hold

0.00%

Sell

66.67%

33.33%

3 users have voted

Market Depth

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Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

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Bid Total

0

Bid Price

Qty

178.69

31

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Bid Total

31

Option Chain

Analyzes market sentiment, predicts Vikram Solar Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Vikram Solar - Trading Window

    30 Jun 2026, 6:45PM Vikram Solar Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

    30 Jun 2026, 5:50PM Please find enclosed herewith the order passed by Hon'ble NCLAT dated June 29, 2026 for setting aside the order of Hon'ble NCLT dated June 12, 2026.
  • Vikram Solar - Corporate Insolvency Resolution Process

    30 Jun 2026, 5:40PM Vikram Solar Limited has informed the Exchange about NCLAT order dated June 29, 2026 for setting aside NCLT order dated June 12, 2026
  • Vikram Solar - Corporate Insolvency Resolution Process

    29 Jun 2026, 5:29PM Vikram Solar Limited has informed the Exchange about update on Corporate Insolvency Resolution Process
  • Vikram Solar - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015

    29 Jun 2026, 5:32PM Please find enclosed disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 with regard to order passed by Hon'ble National Company Law A
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

    29 Jun 2026, 5:28PM Please find enclosed disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 with regard to the Order passed by the Hon'ble National Company La
  • Vikram Solar - Corporate Insolvency Resolution Process

    25 Jun 2026, 12:55PM Vikram Solar Limited has informed the Exchange about the submission of Order copy of the NCLAT in the Corporate Insolvency Resolution Process
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

    25 Jun 2026, 12:56PM Please find enclosed herewith the copy of the NCLAT order dated June 24, 2026
  • Vikram Solar - Intimation Under Regulation 30 Of SEBI (LODR )Regulations, 2015

    24 Jun 2026, 8:20PM Please find enclosed herewith the intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 which is self explanatory
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

    24 Jun 2026, 8:16PM Please find enclosed heerwith the updates on the proceedings before the Hon'ble NCLAT
  • Vikram Solar - Corporate Insolvency Resolution Process

    24 Jun 2026, 8:15PM Vikram Solar Limited has informed the Exchange about the updates on theproceedings before the Hon ble NCLAT
  • Vikram Solar - Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2025

    22 Jun 2026, 6:37PM Please find enclosed herewith the intimation under Regulation 30 of SEBI (LODR) Regulations, 2025 which is self explanatory
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Public Announcement

    22 Jun 2026, 6:28PM Please find enclosed herewith the updates on the proceedings and the public announcement in the process of CIRP
  • Vikram Solar - Corporate Insolvency Resolution Process

    22 Jun 2026, 6:25PM Vikram Solar Limited has informed the Exchange about Public Announcement on Corporate Insolvency Resolution Process
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

    19 Jun 2026, 6:20PM Please find enclosed a copy of the order passed by Hon'ble National Company Law Tribunal, Kolkata Bench
  • Vikram Solar - Corporate Insolvency Resolution Process

    19 Jun 2026, 6:19PM Vikram Solar Limited has informed the Exchange about copy of the order passed by Hon'ble National Company Law Tribunal, Kolkata Bench
  • Vikram Solar - Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015

    19 Jun 2026, 5:24PM Please find enclosed Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Vikram Solar - Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal

    19 Jun 2026, 5:20PM Please find enclosed intimation under Regulation 30 of SEBI (LODR) Regulations 2015
  • Vikram Solar - Corporate Insolvency Resolution Process

    19 Jun 2026, 5:20PM Vikram Solar Limited has informed the Exchange about Corporate Insolvency Resolution Process
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Jun 2026, 5:57PM Please find enclosed the Intimation of Schedule of Analysts/Institutional Investor Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Vikram Solar - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Jun 2026, 5:57PM Vikram Solar Limited has informed the Exchange about Schedule of meet
  • Vikram Solar - Disclosure under SEBI Takeover Regulations

    2 Jun 2026, 10:42AM VIKRAM CAPITAL MANAGEMENT PRIVATE LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Boa
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    29 May 2026, 11:42PM Please find enclosed the Intimation for allotment of equity shares in lieu of exercise of Employee Stock Options granted to eligible employees of the
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    13 May 2026, 6:15PM Please find enclosed the Transcript of the Q4 and FY26 Earnings Conference Call held on Friday, May 08, 2026
  • Vikram Solar - Analysts/Institutional Investor Meet/Con. Call Updates

    13 May 2026, 6:14PM Vikram Solar Limited has informed the Exchange about Transcript
  • Vikram Solar - Updates

    12 May 2026, 6:37PM Vikram Solar Limited has informed the Exchange regarding 'Update'.
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    8 May 2026, 6:16PM Please find enclosed the link for earnings call for the Q4 and FY26.
  • Vikram Solar - Analysts/Institutional Investor Meet/Con. Call Updates

    8 May 2026, 6:13PM Vikram Solar Limited has informed the Exchange about Link of Recording
  • Vikram Solar - Copy of Newspaper Publication

    8 May 2026, 6:09PM Vikram Solar Limited has informed the Exchange about Copy of Newspaper Publication
  • Vikram Solar Q4 net profit up 32.75% at Rs 109.97 cr

    8 May 2026, 10:00AM The company reported standalone net profit of Rs 109.97 crore for the quarter ended March 31, 2026 as compared to Rs 82.84 crore in the same period la
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Investor Presentation

    8 May 2026, 12:23AM Please find enclosed the Investor Presentation for the quarter and year ended 31st March 2026
  • Vikram Solar - Investor Presentation

    8 May 2026, 12:20AM Vikram Solar Limited has informed the Exchange about Investor Presentation
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    7 May 2026, 11:18PM Please find enclosed the Monitoring Agency Report for the quarter ended 31st March 2026
  • Vikram Solar - Monitoring Agency Report

    7 May 2026, 11:17PM Please find enclosed the Monitoring Agency Report for the quarter ended 31st March 2026
  • Vikram Solar - Change in Management

    7 May 2026, 10:59PM Vikram Solar Limited has informed the Exchange about Change in Management and Auditors
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Change in Management

    7 May 2026, 10:55PM Please find enclosed herewith the intimation for change in management which is self explanatory
  • Vikram Solar - Audited Financial Results For The Quarter And Year Ended 31St March 2026

    7 May 2026, 10:52PM Please find enclosed herewith the Audited Financial Results alongwith the Audit Reports (Standalone & Consolidated)
  • Vikram Solar - Outcome of Board Meeting

    7 May 2026, 10:46PM Vikram Solar Limited has submitted to the Exchange, the Outcome of Board Meeting held on 07th May 2026
  • Vikram Solar - Board Meeting Outcome for Outcome Of Board Meeting Held On 07Th May 2026

    7 May 2026, 10:43PM Outcome of Board Meeting held on 07th May 2026
  • Vikram Solar - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 May 2026, 6:49PM Please find enclosed herewith the intimation of Earnings call for Q4FY26
  • Vikram Solar - Analysts/Institutional Investor Meet/Con. Call Updates

    5 May 2026, 6:45PM Vikram Solar Limited has informed the Exchange about Schedule of meet
  • Vikram Solar - Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results (Standalone And Conso

    4 May 2026, 6:59PM Vikram Solar Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and app
  • Vikram Solar - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    30 Apr 2026, 6:32PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Vikram Solar has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026

    16 Apr 2026, 6:50PM As of March 2026, 63.01% is owned by Indian Promoters and 36.99% by Public. <p align=justify> Institutional holds 7.74% (Insurance Companies 0.22%) an
  • Vikram Solar - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Apr 2026, 1:55PM Vikram Solar Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Vikram Solar - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    14 Apr 2026, 1:54PM Please find enclosed Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31.03.2026
  • Vikram Solar bags major order in its First INGEL Solar Project Partnership

    25 Feb 2026 , 3:25PM Vikram Solar bags major 378.75 MW order in its first Indian Oil, NTPC Green Energy solar project partnership
  • Vikram Solar's Vallam plant capacity increases to 9.5 GW

    26 Nov 2025 , 11:04AM Vikram Solar’s new 5 GW Vallam plant introduces one of India’s most Advanced Automated Manufacturing Facility
  • Vikram Solar bags 148.9 MW order from Sunsure Energy

    23 Oct 2025 , 11:15AM Vikram Solar wins 148.9 MW Order from Sunsure Energy, Advancing India's Clean Energy Push
  • Vikram Solar Ltd

    17 Oct 2025 , 10:17AM Vikram Solar Ltd: Revenue growth at 86%, EBITDA growth at 160%, PAT growth was 767%. Order book stands at 11.5GW.
  • Vikram Solar to Supply 200 MW of High-Efficiency Modules to AB Energia

    15 Sep 2025 , 9:49AM Vikram Solar to supply 200 MW of high-efficiency solar modules worth Rs 273 cr to AB Energia
  • Vikram Solar Ltd

    8 Sep 2025 , 1:24PM Vikram Solar: secures 336 MW module supply order from L&T for Khavda Solar Project for deploying advanced Hypersol G12R modules with high efficiency and cost benefits. The modules to be delivered between Nov 2025- Mar 2026. Positive

Key fundamentals

Evaluate the intrinsic value of Vikram Solar Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 3273.002 1487.912 1268.677 1125.294 1069.915
Liabilities 3273.002 1487.912 1268.677 1125.294 1069.915
Equity 362.33 316.536 258.83 258.83 258.83
Gross Profit 916.068 490.571 391.784 181.847 53.119
Net Profit 469.058 139.096 66.817 12.699 -60.143
Cash From Operating Activities 666.943 299.332 170.481 173.373 207.426
NPM(%) 9.76 4.07 2.73 0.63 -3.53
Revenue 4803.433 3415.453 2440.821 2006.483 1700.466
Expenses 3887.365 2924.882 2049.037 1824.636 1647.347
ROE(%) 14.8 4.39 2.1 0.4 -1.89

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Vikram Solar Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Adani Power Ltd 224.55 -1.02 33.72 346256.79 332.76 0.00
GVK Power and Infrastructure Ltd 2.64 -0.38 0.00 28354.53 -531.60 0.00
India Power Corporation Ltd 7.51 4.16 57.77 17484.40 13.16 0.00
Indosolar Ltd 387.95 -0.83 6.55 746.99 592.73 0.00

Company Info

Our Company was originally incorporated as `International Leather Clothiers Private Limited' as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 2, 2005, issued by the Registrar of Companies, West Bengal at Kolkata ("RoC"). As our Company opted to discontinue dealing in leather goods and decided to focus on clothing items, the name of our Company was changed from `International Leather Clothiers Private Limited' to `International Clothiers India Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated May 10, 2006. Thereafter, following the acquisition of `International Clothiers India Private Limited' by the Vikram Group, our Company's line of business was decided to be transitioned from that of clothing items to solar energy and to accurately reflect its new business activity and its affiliation with the Vikram Group , the name of our Company was changed from `International Clothiers India Private Limited' to `Vikram Solar Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated September 3, 2008. Subsequently, our Company was converted from a private limited company to a public limited company and a fresh certificate of incorporation consequent upon conversion from private to public company dated August 22, 2017 was issued by the RoC and the name of our Company was changed from `Vikram Solar Private Limited' to `Vikram Solar Limited'.Major Events and Milestones:2005- Our Company was incorporated as `International Leather Clothiers Private Limited' at Kolkata, West Bengal2009- Supplied, installed and commissioned 1st phase of 500 KW solar power plant at Solar Park Kottenheim, Germany2012- Supplied, installed and commissioned 2 MW grid connected solar power plant on turnkey basis in Chhattisgarh Design, engineering, supply, installation, commissioning, operation and maintenance of 1 MW grid connected solar power plant on a turnkey basis in Odisha2013- Installed a 100 KWp solar PV Plant on the rooftop of the arrival terminal block of the Cochin International Airport., making it the world's first airport to completely operate on solar power2014- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of quarter 1 of 2014.- First Company in India to install and commission a 10kW experimental grid tied floating solar PV generating station2015- Reached 500MW production capacity2017- Our Company was ranked as the KIWA PVEL `Top Performer' in the 2017 PVEL PV Module Reliability Scorecard.- Reached 1,000 MW production capacity2018- Commissioned a 200 MW grid connected solar PV project in Andhra Pradesh for the Andhra Pradesh Power Generation Corporation Limited2019- Commissioned a 2.15 MW grid connected rooftop solar PV plant in Kolkata2021- Fourth time Potential - Induced Degradation (PID) top performer in the 2021 PVEL PV Model Reliability Scorecard- Reached 2,500 MW cumulative annual rated production capacity (inclusive of trial production i.e. which is not yet commercially available)2022- Our Company obtained a 350 MW module supply contract in the US - Reached 3,500 MW cumulative annual rated production capacity- Our Company was certified for M10 and G12 cell modules by TUV Rheinland, UL 61730: 1&2: 2022 for our factories at Panaiyur Village, Kanchipuram, India and Falta SEZ2023- Our Company was awarded a contract by NTPC for supply of plant and equipment and local transportation for a 152 MW SPV Module Package of Nokh Solar Project in Rajasthan- Reached 3,500 MW cumulative annual rated production capacity2024- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of four quarters of 2024- Our Company was awarded a contract by NTPC Renewable Energy Limited (a wholly owned subsidiary of NTPC) for supply of Solar PV Modules for 1255 MW Khavda Solar Project for a quoted capacity of 397.7 MW- Launched PV module with n-type monocrystalline cell and heterojunction (HJT)- Our Company was ranked as the KIWA PVEL `Top Performer' for the 7th time in the 2024 PVEL PV Module Reliability Scorecard2025- Reached 4,500 MW cumulative annual rated production capacity- Our Company entered into a sponsorship agreement with Knight Riders Sports Private Limited thereby acting as the official sponsor or associate sponsor of the cricket team operated by Knight Riders Sports Private Limited for the Indian Premier League governed by the Board of Control for Cricket in India- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of first quarter of 2025Vikram Solar Commissions 5 GW Advanced Automated Vallam Manufacturing Facility in TN

Our Company was originally incorporated as `International Leather Clothiers Private Limited' as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 2, 2005, issued by the Registrar of Companies, West Bengal at Kolkata ("RoC"). As our Company opted to discontinue dealing in leather goods and decided to focus on clothing items, the name of our Company was changed from `International Leather Clothiers Private Limited' to `International Clothiers India Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated May 10, 2006. Thereafter, following the acquisition of `International Clothiers India Private Limited' by the Vikram Group, our Company's line of business was decided to be transitioned from that of clothing items to solar energy and to accurately reflect its new business activity and its affiliation with the Vikram Group , the name of our Company was changed from `International Clothiers India Private Limited' to `Vikram Solar Private Limited' pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC dated September 3, 2008. Subsequently, our Company was converted from a private limited company to a public limited company and a fresh certificate of incorporation consequent upon conversion from private to public company dated August 22, 2017 was issued by the RoC and the name of our Company was changed from `Vikram Solar Private Limited' to `Vikram Solar Limited'.Major Events and Milestones:2005- Our Company was incorporated as `International Leather Clothiers Private Limited' at Kolkata, West Bengal2009- Supplied, installed and commissioned 1st phase of 500 KW solar power plant at Solar Park Kottenheim, Germany2012- Supplied, installed and commissioned 2 MW grid connected solar power plant on turnkey basis in Chhattisgarh Design, engineering, supply, installation, commissioning, operation and maintenance of 1 MW grid connected solar power plant on a turnkey basis in Odisha2013- Installed a 100 KWp solar PV Plant on the rooftop of the arrival terminal block of the Cochin International Airport., making it the world's first airport to completely operate on solar power2014- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of quarter 1 of 2014.- First Company in India to install and commission a 10kW experimental grid tied floating solar PV generating station2015- Reached 500MW production capacity2017- Our Company was ranked as the KIWA PVEL `Top Performer' in the 2017 PVEL PV Module Reliability Scorecard.- Reached 1,000 MW production capacity2018- Commissioned a 200 MW grid connected solar PV project in Andhra Pradesh for the Andhra Pradesh Power Generation Corporation Limited2019- Commissioned a 2.15 MW grid connected rooftop solar PV plant in Kolkata2021- Fourth time Potential - Induced Degradation (PID) top performer in the 2021 PVEL PV Model Reliability Scorecard- Reached 2,500 MW cumulative annual rated production capacity (inclusive of trial production i.e. which is not yet commercially available)2022- Our Company obtained a 350 MW module supply contract in the US - Reached 3,500 MW cumulative annual rated production capacity- Our Company was certified for M10 and G12 cell modules by TUV Rheinland, UL 61730: 1&2: 2022 for our factories at Panaiyur Village, Kanchipuram, India and Falta SEZ2023- Our Company was awarded a contract by NTPC for supply of plant and equipment and local transportation for a 152 MW SPV Module Package of Nokh Solar Project in Rajasthan- Reached 3,500 MW cumulative annual rated production capacity2024- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of four quarters of 2024- Our Company was awarded a contract by NTPC Renewable Energy Limited (a wholly owned subsidiary of NTPC) for supply of Solar PV Modules for 1255 MW Khavda Solar Project for a quoted capacity of 397.7 MW- Launched PV module with n-type monocrystalline cell and heterojunction (HJT)- Our Company was ranked as the KIWA PVEL `Top Performer' for the 7th time in the 2024 PVEL PV Module Reliability Scorecard2025- Reached 4,500 MW cumulative annual rated production capacity- Our Company entered into a sponsorship agreement with Knight Riders Sports Private Limited thereby acting as the official sponsor or associate sponsor of the cricket team operated by Knight Riders Sports Private Limited for the Indian Premier League governed by the Board of Control for Cricket in India- Ranked as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of first quarter of 2025Vikram Solar Commissions 5 GW Advanced Automated Vallam Manufacturing Facility in TN

Parent Organisation

Vikram Solar Ltd.

Founded

02/12/2005

Managing Director

Mr.Gyanesh Chaudhary

NSE Symbol

VIKRAMSOLRBE

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