NSE / BSEEnergy
β‚Ή177.45-3.75-2.07%
P/E32.4Mkt Capβ‚Ή8.32 K CrEV/EBITDA22.1

Vikram Solar Limited

P/E32.4Mkt Capβ‚Ή8.32 K CrEV/EBITDA22.1
Company Profile

Vikram Solar Limited manufactures and sells solar photovoltaic modules/systems in India and internationally. It also offers engineering, procurements, and construction solutions, such as risk analysis, site survey, design and engineering, procurement, civil construction, erection and commissioning, project management and control, and quality assurance. In addition, it provides solar operations and maintenance solutions, comprising preventive and corrective maintenance, performance monitoring and analysis, equipment upgrades and retrofits, spare parts management, troubleshooting and fault resolution, and data management and reporting. It sells its products under the Suryava, Hypersol, Paradea, SOMERA, and PREXOS brand names. It also involved in rooftop projects. The company was incorporated in 2005 and is based in Kolkata, India.

Valuation

Market Cap
β‚Ή0.00
β€”
Current Price
β‚Ή0
β€”as of 28 Jul 2026
P/E Ratio
0.0x
β€”
P/B Ratio
0.0x
β€”
EV / EBITDA
0.0x
β€”
EV / Sales
0.0x
β€”
52W High
β‚Ή0
β€”
52W Low
β‚Ή0
β€”
Shares Out
0.00 Cr
β€”

Profitability

Operating Margin
0.0%
β€”
Net Profit Margin
0.0%
β€”
EBITDA Margin
0.0%
β€”

Returns

ROE
0.0%
β€”
ROCE
0.0%
β€”
ROIC %
β€”
β€”
ROA
0.0%
β€”
Dividend Payout
0.0%
β€”

Solvency

Current Ratio
0.0x
β€”
Debt / Equity
0.0x
β€”
Debt / Assets
0.0x
β€”
CFO / Net Profit
0.0x
β€”
Interest Coverage
0.0x
β€”

AI Summary

Indian Stock

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Rule-based from financial data. Not advice.

Price Historyβ–Ό 50.22% over 1Y
Monthly Returns

Historically, Apr has averaged the highest return (+23.3%); Nov the lowest (-19.8%).

Average from:
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-14.2%Negative MonthJan 2026: -14.18%-15.0%Negative MonthFeb 2026: -14.98%+2.5%Positive MonthMar 2026: +2.51%+23.3%Positive MonthApr 2026: +23.34%-8.9%Negative MonthMay 2026: -8.90%-9.4%Negative MonthJun 2026: -9.40%-2.1%*Negative MonthJul 2026: -2.07%β€”β€”β€”β€”β€”
2025β€”β€”β€”β€”β€”β€”β€”β€”-6.1%Negative MonthSep 2025: -6.12%+3.4%Positive MonthOct 2025: +3.36%-19.8%Negative MonthNov 2025: -19.83%-9.1%Negative MonthDec 2025: -9.06%
AvgΒ±SD-14.2%Β±0.0%-15.0%Β±0.0%+2.5%Β±0.0%+23.3%Β±0.0%-8.9%Β±0.0%-9.4%Β±0.0%-2.1%Β±0.0%β€”-6.1%Β±0.0%+3.4%Β±0.0%-19.8%Β±0.0%-9.1%Β±0.0%
* Current month β€” value will change until month-end.

Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β€” the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.

Seasonal Tendency

This aggregates every month by calendar position β€” all Januaries together, all Februaries together, and so on β€” to show whether a given month has leaned positive or negative historically. β€˜Simple’ counts each month as +1 or βˆ’1. β€˜Weighted’ gives larger moves more influence: +2 above +10%, βˆ’2 below βˆ’10%. With only 2 years of history for this asset, each month’s score reflects a small number of observations β€” read it as a historical tendency, not a reliable seasonal pattern.

Historical Trend

This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.

Year-to-Date ROI
Average from:
SD Γ—
Latest: 0.746x (2026)

Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β€” at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in β€œAverage from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.

Historical Performance

Revenue, profitability, and cash flow trends (β‚Ή Crores)

Revenue (10Y)

Operating Income (10Y)

Net Profit (10Y)

Operating Margin % (10Y)

Dividend Payout % (10Y)

Free Cash Flow (10Y)

Growth Summary

Latest fiscal year: Mar 2025

Revenueβ‚Ή3.42 K Crβ–² 39.9%
EBITDA Growthβ€”
Net Profitβ‚Ή139.00 Crβ–² 107.5%
Cash from Ops (CFO)β€”
Free Cash Flow (FCF)β€”β–² 214.3%
Revenue CAGR 5Y9.9%
EBITDA CAGR 5Y22.8%
Net Profit CAGR 5Y62.0%
NP Growth 1Y107.5%

Historical Growth

Year-by-year revenue, profitability, and cash flow (β‚Ή Crores, last 10 years)

YearRevenueOp. IncomeNet ProfitCFOFCFROERev Growth 1YNP Growth 1Y
Mar 2025β‚Ή3.42 K Crβ€”β‚Ή139.00 Crβ€”β€”11.0%39.9%107.5%
Mar 2024β‚Ή2.44 K Crβ€”β‚Ή67.00 Crβ€”β€”14.5%21.7%415.4%
Mar 2023β‚Ή2.01 K Crβ€”β‚Ή13.00 Crβ€”β€”3.4%18.0%-121.7%
Mar 2022β‚Ή1.70 K Crβ€”β‚Ή-60.00β€”β€”-16.3%7.8%-262.2%
Mar 2021β‚Ή1.58 K Crβ€”β‚Ή37.00 Crβ€”β€”8.7%3.8%516.7%
Mar 2020β‚Ή1.52 K Crβ€”β‚Ή6.00 Crβ€”β€”1.6%β€”β€”

Financial Statements

Income statement, balance sheet, and cash flow (β‚Ή Crores, as reported)

Consolidated Figures in USD Millions.

Unnamed: 0Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue / Net Sales1,5201,5771,7002,0062,4413,415
Total Expenses1,4031,4021,6471,8242,0492,925
EBIT / Operating Profit11717453183392491
OPM %8%11%3%9%16%14%
Other Income25181319436
Finance Costs9599103123157155
Depreciation & Amortisation37394864138156
Profit Before Tax1054-8515100216
Tax %37%31%-29%13%33%36%
Net Profit / PAT637-601367139
EPS (β‚Ή)2.1615.78-2.320.492.584.39
Dividend Payout %0%0%0%0%0%0%

Peer Comparison

Energy sector peers, ranked by market cap

CompanyMarket CapRevenueP/EP/BEV/EBITDARev G 1Y
Vikram Solar Limitedthis co.β‚Ή8.32 K Crβ‚Ή3.42 K Cr32.402.8022.1239.9%
Reliance Industries Ltdβ‚Ή19.66 L Crβ‚Ή5.15 L Cr50.303.5224.71-3.1%
NTPC Limitedβ‚Ή3.28 L Crβ‚Ή1.70 L Cr16.401.9510.055.0%
Oil And Natural Gas Corporation Ltdβ‚Ή3.07 L Crβ‚Ή1.34 L Cr9.420.914.123.2%
Adani Power Limitedβ‚Ή2.77 L Crβ‚Ή49.71 K Cr24.605.7711.447.0%
Adani Enterprises Ltd.β‚Ή2.49 L Crβ‚Ή26.60 K Cr108.008.9254.58-16.7%
POWER GRID CORPORATION OF INDIA LIMITEDβ‚Ή2.41 L Crβ‚Ή41.43 K Cr15.602.448.85-2.3%
Industry Averageβ€”β‚Ή57.17 K Cr54.294.2753.3435.1%

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