Valuation: Vikram Solar Limited

Market Cap 66.35B 694M 599M 562M 512M 963M 976M 6.59B 2.58B 33.24B 2.61B 2.55B 111B P/E 2027 *
20.8x
P/E 2028 * 9.45x
Enterprise Value 100B 1.05B 903M 847M 772M 1.45B 1.47B 9.93B 3.89B 50.11B 3.93B 3.84B 167B EV / Sales 2027 *
1.08x
EV / Sales 2028 * 1.02x
Free-Float
31.26%
Yield 2027 *
-
Yield 2028 * -
1 day+14.33%
1 week+16.77%
Current month+3.07%
1 month-4.74%
3 months-11.67%
6 months-19.56%
Current year-23.07%
1 week 158.44
Extreme 158.44
186.5
1 month 155.38
Extreme 155.38
193.7
Current year 155.38
Extreme 155.38
242.99
1 year 155.38
Extreme 155.38
407.95
3 years 155.38
Extreme 155.38
407.95
5 years 155.38
Extreme 155.38
407.95
10 years 155.38
Extreme 155.38
407.95
Manager TitleAgeSince
Chief Executive Officer - 20/03/2026
Director of Finance/CFO - 28/03/2025
Chief Tech/Sci/R&D Officer - 03/08/2023
Director TitleAgeSince
Chairman 48 10/03/2023
Director/Board Member 69 12/12/2021
Director/Board Member 48 01/01/2009
Change 5-day change 1-year change 3-year change Capi.($)
+14.33%+16.77% - - 694M
-3.42%-8.98%+8.95%+18.76% 23.41B
+5.85%+11.46%+132.70%+170.69% 18.05B
-2.35%-3.71%+63.57%+170.74% 15.03B
+1.42%-0.85%-20.61%-54.47% 14.38B
+0.86%+1.57%-37.96%-60.71% 8.43B
+0.12%+0.24%-9.20% - 8.14B
+2.05%-1.54%-17.16%-58.00% 6.84B
+0.43%-1.06%-28.34%-52.54% 5.89B
-3.15%+0.43%+18.00%+0.57% 5.6B
Average +1.61%+0.77%+12.22%+16.88% 10.65B
Weighted average by Cap. +0.26%-1.48%+25.39%+41.88%

Financials

2027 *2028 *
Net sales 92.42B 967M 834M 783M 713M 1.34B 1.36B 9.18B 3.6B 46.3B 3.63B 3.55B 154B 120B 1.26B 1.09B 1.02B 930M 1.75B 1.77B 11.97B 4.69B 60.37B 4.73B 4.63B 201B
Net income 3.19B 33.33M 28.77M 26.99M 24.58M 46.23M 46.87M 316M 124M 1.6B 125M 122M 5.31B 7.02B 73.45M 63.41M 59.49M 54.18M 102M 103M 697M 273M 3.52B 276M 270M 11.7B
Net Debt 33.67B 352M 304M 285M 260M 488M 495M 3.34B 1.31B 16.87B 1.32B 1.29B 56.12B 56.04B 586M 506M 475M 432M 813M 824M 5.56B 2.18B 28.08B 2.2B 2.15B 93.39B
Logo Vikram Solar Limited
Vikram Solar Limited is an India-based solar photo-voltaic (PV) modules manufacturer in terms of operational capacity, producing solar photo-voltaic (PV) modules, and is also an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) services. The Company’s portfolio of solar energy products consists of the following high-efficiency solar PV modules: p-type monocrystalline silicon-based Passivated Emitter and Rear Contact (PERC) modules; N-Type monocrystalline silicon (N-Type) modules; and n-type monocrystalline silicon based heterojunction technology (HJT) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules. Its products are also differentiated based on cell size. Its latest generation solar PV modules (including those under testing) have wattages between 395-Watt peak (Wp) and a 735Wp rating.
Employees
2,946
Date Price Change Volume
17/08/26 ₹183.10 +14.33% 65,091,295
14/08/26 ₹160.15 -2.02% 1,545,227
13/08/26 ₹163.46 +2.43% 1,827,422
12/08/26 ₹159.58 -0.64% 1,311,248
11/08/26 ₹160.61 +2.43% 2,604,944
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
183.10INR
Average target price
194.17INR
Spread / Average Target
+6.04%

Quarterly revenue - Rate of surprise

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