Vikram Solar Limited
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
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 62.0%
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ 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
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 6 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ3.42 K Cr | β | βΉ139.00 Cr | β | β | 11.0% | 39.9% | 107.5% |
| Mar 2024 | βΉ2.44 K Cr | β | βΉ67.00 Cr | β | β | 14.5% | 21.7% | 415.4% |
| Mar 2023 | βΉ2.01 K Cr | β | βΉ13.00 Cr | β | β | 3.4% | 18.0% | -121.7% |
| Mar 2022 | βΉ1.70 K Cr | β | βΉ-60.00 | β | β | -16.3% | 7.8% | -262.2% |
| Mar 2021 | βΉ1.58 K Cr | β | βΉ37.00 Cr | β | β | 8.7% | 3.8% | 516.7% |
| Mar 2020 | βΉ1.52 K Cr | β | βΉ6.00 Cr | β | β | 1.6% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2025 |
|---|---|
| Revenue / Net Sales | 3,415 |
| Total Expenses | 2,925 |
| EBIT / Operating Profit | 491 |
| OPM % | 14% |
| Other Income | 36 |
| Finance Costs | 155 |
| Depreciation & Amortisation | 156 |
| Profit Before Tax | 216 |
| Tax % | 36% |
| Net Profit / PAT | 139 |
| EPS (βΉ) | 4.39 |
| Dividend Payout % | 0% |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Vikram Solar Limitedthis co. | βΉ8.32 K Cr | βΉ3.42 K Cr | 32.40 | 2.80 | 22.12 | 39.9% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |