Vikram Solar Stock Price Today (NSE: VIKRAMSOLR)
Fundamental Score
Vikram Solar Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Vikram Solar share price today is ₹177.67, down 1.67% on NSE/BSE as of 30 March 2026. Vikram Solar (VIKRAMSOLR) is a Mid-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹9.35K (Cr). The 52-week high for VIKRAMSOLR share price is ₹407.95 and the 52-week low is ₹162.10. At a P/E ratio of 35.82x, VIKRAMSOLR is currently trading above its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 16.57% and a debt-to-equity ratio of 0.09.
Vikram Solar Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Vikram Solar Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Vikram Solar Share Price: A ROCE-Focused Analysis
The Other Electrical Equipment sector is currently experiencing a surge in demand for sustainable energy solutions, driven by both government incentives and increasing corporate social responsibility. In this context, evaluating companies like Vikram Solar becomes crucial. Currently, the Vikram Solar share price stands at ₹208.059998, with a Price-to-Earnings (PE) ratio of 35.82. A key metric for gauging its financial efficiency is its Return on Capital Employed (ROCE).
Vikram Solar boasts a ROCE of 26.45%. This indicates that for every rupee of capital employed in the business, Vikram Solar generates approximately 26.45 paise in profit. This relatively high ROCE is significantly above the cost of capital for many businesses, and is likely due to it being an early adopter and thus a leader in the solar PV manufacturing and EPC services market. This efficiency in capital utilization contributes to a strengthening of the company's economic moat by enabling sustainable growth, reinvestment into research and development, and competitive pricing strategies.
Comparing Vikram Solar with its peers is essential for a comprehensive understanding.
SUPREME POWER EQUI might present a different financial profile. While a detailed comparison of management quality requires deeper investigation into factors such as strategic decision-making, capital allocation skills, and operational execution, Vikram Solar's strong ROCE suggests competent capital management. A higher ROCE compared to peers may suggest a more effective deployment of capital, potentially reflecting positively on management's strategic decisions. However, further investigation via methods like Beneish M-Score and Altman Z-Score would need to be implemented to verify management quality. This would supplement the ROCE metrics, giving further insight.The sustainability of this high ROCE is contingent on factors like technological advancements, evolving regulatory landscape, and competitive pressures within the solar energy sector. Keeping an eye on these variables is vital to determining Vikram Solar's long-term performance and whether it can maintain its high ROCE, which is the critical component in maintaining its competitive edge. This analysis forms part of an 80-parameter fundamental audit verified by Sweta Mishra and should be considered alongside other relevant financial data and market conditions. This analysis is observational in nature and does not constitute financial advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Vikram Solar Fundamental Analysis & Valuation Benchmarking
Educational evaluation of VIKRAMSOLR across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Strong Return on Equity (16.57%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (26.45%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Robust Profit Growth (1645.79%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (93.72%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (15.86% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Profit Growth Track Record (46.46% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.09)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Cash Generation (₹330.25 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (63.12%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
5 factors identified
Weak Earnings Growth (-9.88% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Weak Interest Coverage (2.40x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Limited Institutional Interest (FII+DII: 8.28%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
High Share Pledging Risk (48.20%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Vikram Solar Financial Statements
Comprehensive financial data for Vikram Solar including income statement, balance sheet and cash flow
About VIKRAMSOLR (Vikram Solar)
Vikram Solar is a globally recognized leader in the realm of solar energy, specializing in the design, manufacturing, and distribution of high-performance photovoltaic (PV) modules.... Going beyond mere production, the company acts as a comprehensive energy solutions provider, offering an integrated suite of services aimed at fostering the widespread adoption of clean, sustainable power. Vikram Solar distinguishes itself through its commitment to technological innovation, crafting panels that boast exceptional efficiency, durability, and reliability, catering to diverse energy needs across residential, commercial, and utility-scale projects. This dedication translates into a tangible impact, driving the global transition toward cleaner energy sources and contributing to a brighter, more sustainable future for communities worldwide. The company's capabilities extend far beyond module manufacturing, encompassing a complete spectrum of Engineering, Procurement, and Construction (EPC) services. Vikram Solar provides expert guidance at every stage of the project lifecycle, from meticulously assessing potential project sites and conducting thorough risk analyses to meticulously designing and engineering solar power plants. The firm then manages the procurement of high-quality components, oversees the intricate civil construction phase, and executes the seamless erection and commissioning of the solar facility. By providing end-to-end solutions, Vikram Solar streamlines the development process, ensuring efficient project execution and delivering optimal performance for its clients while maintaining strict adherence to quality assurance protocols. Vikram Solar understands that the long-term success of solar installations hinges on their consistent and reliable operation, that's why they offer a comprehensive suite of Operations and Maintenance (O&M) solutions. This includes proactive preventive maintenance measures designed to maximize system uptime and performance, as well as swift corrective maintenance services to address any unforeseen issues and minimize downtime. Coupled with advanced performance monitoring systems that offer real-time insights into system health and efficiency, their O&M services guarantee optimal system performance throughout its operational life. The firm's dedication to both short-term efficiency and long-term reliability solidifies its position as a trusted partner in the global solar energy industry.
Company Details
Key Leadership
VIKRAMSOLR Share Price: Frequently Asked Questions
What is the current share price of Vikram Solar (VIKRAMSOLR)?
As of 30 Mar 2026, 12:02 pm IST, Vikram Solar share price is ₹177.67. The VIKRAMSOLR stock has a market capitalisation of ₹9.35K (Cr) on NSE/BSE.
Is VIKRAMSOLR share price Overvalued or Undervalued?
VIKRAMSOLR share price is currently trading at a P/E ratio of 35.82x, compared to the industry average of 33.84x. Based on this relative valuation, the Vikram Solar stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of VIKRAMSOLR share price?
The 52-week high of VIKRAMSOLR share price is ₹407.95 and the 52-week low is ₹162.10. These values are updated daily from NSE/BSE price data.
What factors affect the Vikram Solar share price?
Key factors influencing VIKRAMSOLR share price include quarterly earnings growth (Sales Growth: 93.72%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Vikram Solar a good stock for long-term investment?
Vikram Solar shows a 5-year Profit Growth of 46.46% and an ROE of 16.57%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.09 before investing in VIKRAMSOLR shares.
How does Vikram Solar compare with its industry peers?
Vikram Solar competes with major peers in the Other Electrical Equipment. Investors should compare VIKRAMSOLR share price P/E of 35.82x and ROE of 16.57% against the industry averages to determine competitive standing.
What is the P/E ratio of VIKRAMSOLR and what does it mean?
VIKRAMSOLR share price has a P/E ratio of 35.82x compared to the industry average of 33.84x. Investors pay ₹36 for every ₹1 of annual earnings.
How is VIKRAMSOLR performing according to Bull Run's analysis?
VIKRAMSOLR has a Bull Run fundamental score of 47.4/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does VIKRAMSOLR belong to?
VIKRAMSOLR operates in the Other Electrical Equipment industry. This classification helps understand the competitive landscape and sector-specific trends affecting Vikram Solar share price.
What is Return on Equity (ROE) and why is it important for VIKRAMSOLR?
VIKRAMSOLR has an ROE of 16.57%, which indicates excellent management efficiency. ROE measures how efficiently Vikram Solar generates profits from shareholders capital.
How is VIKRAMSOLR debt-to-equity ratio and what does it indicate?
VIKRAMSOLR has a debt-to-equity ratio of 0.09, which indicates conservative financing with low financial risk.
What is VIKRAMSOLR dividend yield and is it a good dividend stock?
VIKRAMSOLR offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Vikram Solar shares.
How has VIKRAMSOLR share price grown over the past 5 years?
VIKRAMSOLR has achieved 5-year growth rates of: Sales Growth 15.86%, Profit Growth 46.46%, and EPS Growth -9.88%.
What is the promoter holding in VIKRAMSOLR and why does it matter?
Promoters hold 63.12% of VIKRAMSOLR shares, with 48.20% pledged. High promoter holding often indicates strong management confidence in Vikram Solar.
What is VIKRAMSOLR market capitalisation category?
VIKRAMSOLR has a market capitalisation of ₹9346 crores, placing it in the Mid-cap category.
How volatile is VIKRAMSOLR stock?
VIKRAMSOLR has a beta of N/A. A beta > 1 suggests the Vikram Solar stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is VIKRAMSOLR operating profit margin trend?
VIKRAMSOLR has a 5-year average Operating Profit Margin (OPM) of 11.58%, indicating the company's operational efficiency.
How is VIKRAMSOLR quarterly performance?
Recent quarterly performance shows Vikram Solar YoY Sales Growth of 93.72% and YoY Profit Growth of 1645.79%.
What is the institutional holding pattern in VIKRAMSOLR?
VIKRAMSOLR has FII holding of 2.08% and DII holding of 6.20%. Significant institutional holding often suggests professional confidence in the Vikram Solar stock.