Notes / Company

Vikram Solar Ltd.

VIKRAMSOLR BSE 544488 ISIN INE078V01014 Solar Panels

Fundamentals

Market cap: ₹6,720 cr
P/E: 14.28×
ROE: 11.26%
Debt / equity: 0.19
52-week range: 162.15 — 407.85

Research on Tijori Finance

Company snapshot

Vikram Solar Ltd.

Solar Panel

₹6,848 cr

P/E 14.56×

Latest quarter · Mar 2026

Sales₹1,453 cr

Net profit₹110 cr

Op. margin+16.1%

EPS₹3.05

Strength & growth

Debt / equity0.19×

Current ratio1.55×

The timeline — 2 notes on Vikram Solar Ltd.

July 2026

06 Jul 26 · 10:39 AM IST Brief

Brief · Mid cap

Vikram Solar fires up Gangaikondan mega-plant, targets 9 GW cell by FY27

First Hypersol N-Type TOPCon module produced at 6 lakh sq ft fully automated facility. Roadmap includes 12 GW wafer/ingot by FY30.

June 2026

24 Jun 26 · 8:17 PM IST Brief

Brief · Order Wins · Mid cap

Vikram Solar gets NCLAT stay on ₹9.44 cr insolvency claim

Appellate tribunal halts CIRP over a tiny trade payable. Company, with ₹4,802 cr revenue and zero debt, says financial health is strong.

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