Vikram Solar share price
NSE: VIKRAMSOLRBSE: 544488Electrical EquipmentSmall Cap
Last close ₹127.98down ₹3.56 (2.71%)BSE ₹127.85
Share price at the NSE close on 23 Oct 2026. Previous close ₹131.54.
52-week range of traded prices to 23 Oct 2026
₹124.50Low, 23 Oct 2026₹348.80High, 23 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹4,637 Cr648th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 6 Aug 2026
- 13.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 Jul 2026
- 1.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 6 Aug 2026
- 11.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 6 Aug 2026
- 18.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 Jul 2026
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,52,27541.6% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 6 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,563 Crup 7.59%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹20 Crdown 82.09%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 1.3%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Jun 2025Filed 9 Sep | Sep 2025Filed 16 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 27 Jul | Jun 2026Filed 6 Aug |
|---|---|---|---|---|---|
| Revenue | 1,134 | 1,110 | 1,106 | 1,453 | 1,563 |
| Net profit | 133 | 128 | 98 | 110 | 20 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 11.8% | 11.6% | 8.9% | 7.6% | 1.3% |
Consolidated. The 5 quarters from Jun 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacture of solar PV Modules, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 0.4% of 247 trading days over the last year.
LowestHighest
Its median2.3Industry median3.2
Mutual funds holding it
11 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 9 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 4
- CutCut. Funds that held fewer shares than at the end of the month before.
- 5
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 2
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 2
| Fund | |||
|---|---|---|---|
 Bandhan Small Cap FundBandhan Mutual Fund | 96,48,642 | 0.43% | ₹154.4 Cr |
 Franklin India Small Cap FundFranklin Templeton Mutual Fund | 20,00,000 | 0.22% | ₹32.0 Cr |
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 3,57,820 | 0.24% | ₹5.73 Cr |
 Kotak Energy Opportunities FundKotak Mahindra Mutual Fund | 1,80,000 | 1.09% | ₹2.88 Cr |
| Motilal Oswal BSE Clean Environment Index FundMotilal Oswal Mutual Fund | 17,927 | 0.59% | ₹0.29 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 2,338 | 0.01% | ₹0.04 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 395 | 0.01% | ₹63,000 |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 390 | 0.01% | ₹62,400 |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 321 | 0.01% | ₹51,000 |
| Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 278 | 0.01% | ₹44,000 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Other Electrical Equipment, 84 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Vikram Solar in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Fujiyama Power SystemsUTLSOLAR | 11,111 | 37.8 | 8.7 | 17.9 | – | – | 23.1% | 33.3% | 0.00% |
 Genus Power InfrastructuresGENUSPOWER | 7,886 | 12.1 | 3.6 | 9.7 | +74.2% | +62.8% | 31.9% | 20.1% | 0.19% |
 Waaree Renewable TechnologiesWAAREERTL | 7,080 | 15.2 | 6.3 | 11.8 | +77.7% | +33.0% | 52.4% | 21.0% | 0.00% |
 Ram Ratna WiresRAMRAT | 4,977 | 39.2 | 8.6 | 18.1 | +60.5% | – | 23.9% | 21.6% | 0.47% |
 Saatvik Green EnergySAATVIKGL | 4,475 | – | 3.3 | 13.1 | – | – | – | 15.1% | 0.00% |
 Yash HighvoltageYASHHV | 3,479 | 58.0 | 10.9 | 38.1 | – | – | 25.0% | 24.5% | 0.12% |
 Websol Energy SystemWEBELSOLAR | 2,625 | 8.4 | 4.2 | 5.9 | +76.3% | +57.6% | 69.0% | 50.5% | 0.41% |
 Ravindra EnergyRELTD | 2,583 | – | – | – | +30.0% | – | – | 11.5% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
29 Sep · Management
17 Sep · Analysts
Vikram Solar share price by year
Each calendar year to 2025.Vikram Solar share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 238.00 | – | 378.80 | 232.65 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 26 Aug 2025.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 131.45 | 132.71 | 124.50 | 127.98 | 127.69 | 33,52,275 | 41.6% |
| 22 Oct 2026 | 135.00 | 135.00 | 131.15 | 131.54 | 132.27 | 13,63,544 | 41.7% |
| 21 Oct 2026 | 140.83 | 141.93 | 133.75 | 135.00 | 135.78 | 22,89,588 | 38.4% |
| 19 Oct 2026 | 143.48 | 144.77 | 140.60 | 140.83 | 141.75 | 9,80,402 | 43.6% |
| 16 Oct 2026 | 143.00 | 145.00 | 142.24 | 144.00 | 143.44 | 10,68,502 | 38.1% |
| 15 Oct 2026 | 147.00 | 147.00 | 141.84 | 142.37 | 142.97 | 18,09,581 | 47.7% |
| 14 Oct 2026 | 143.88 | 149.50 | 142.66 | 146.75 | 147.25 | 20,62,842 | 31.9% |
| 13 Oct 2026 | 142.00 | 144.00 | 140.62 | 143.75 | 142.35 | 13,43,985 | 41.2% |
| 12 Oct 2026 | 143.00 | 146.09 | 141.62 | 141.97 | 143.05 | 11,53,576 | 37.4% |
| 9 Oct 2026 | 143.99 | 144.50 | 141.00 | 142.32 | 142.65 | 15,66,297 | 36.4% |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Vikram Solar Limited
- NSE symbol
- VIKRAMSOLR
- BSE code
- 544488
- ISIN
- INE078V01014
- Industry
- Electrical Equipment
- Listed
- Aug 2025
- Face value
- ₹10
- CIN
- L18100WB2005PLC106448
- Corporate identity number, the registrar of companies' code for it