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Vikram Solar Limited

Capital Goods · Electrical Equipment

NSE: VIKRAMSOLR BSE: 544488
₹160.01
▼ -0.04 (-0.02%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
57/100
Moderate
Valuation
80/100
Undervalued
Momentum
13/100
Bearish

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Vikram Solar Limited is an Indian solar energy company headquartered in Kolkata, West Bengal. It manufactures solar photovoltaic (PV) modules and develops solar power projects through engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services.

Source: Wikipedia

Key Metrics

Market Capitalization
₹5,798 Cr
PE (TTM)
15.9
Industry median 33.8 (82 companies)
Price to Book
1.8
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
7.40%
FII + DII, latest filed period
Piotroski Score
Data unavailable.
Relative return vs Nifty50, qtr %
-0.3
Relative return vs Sector, qtr %
2.1
Free Cash Flow
₹-93 Cr
as of March 31, 2026
Industry median ₹-2 Cr (102 companies)
EPS Growth (YoY)
-87.74%
as of June 30, 2026
Industry median 14.68% (91 companies)
Net Profit Growth (TTM)
Data unavailable.
Operating Revenue Growth (TTM)
Data unavailable.
Profit Growth (YoY)
-86.07%
as of June 30, 2026
Industry median 20.65% (88 companies)
Revenue Growth (YoY)
35.31%
as of June 30, 2026
Industry median 23.99% (87 companies)
Current Ratio
1.88
as of March 31, 2026
Industry median 1.82 (100 companies)
Debt to Equity
0.03
as of March 31, 2026
Industry median 0.16 (96 companies)
Interest Coverage
3.75
as of June 30, 2026
Industry median 8.46 (94 companies)
Net Margin
1.22%
as of June 30, 2026
Industry median 9.17% (94 companies)
Operating Margin (EBIT)
4.79%
as of June 30, 2026
Industry median 13.90% (96 companies)
Operating Margin (TTM)
12.80%
as of June 30, 2026
Industry median 13.57% (94 companies)
Return on Assets
8.21%
as of March 31, 2026
Industry median 6.48% (88 companies)
Return on Capital Employed
21.53%
as of March 31, 2026
Industry median 16.91% (90 companies)
Return on Equity
14.85%
as of March 31, 2026
Industry median 12.09% (88 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

1 of 4 met
  • No Quality score is Strong (70 or more)
  • Yes Debt to equity is below 0.5 (0.03)
  • No Return on equity is 15% or more (14.9%)
  • No Net cash flow for the latest year is positive

Ownership

3 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • No Promoter pledge is 5% of their holding or less and not rising (9.2% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

1 of 3 met
  • No 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Fair Value Zone)
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.0%
Low 160.0000 · High 162.2800
1W return
-2.0%
Low 160.0000 · High 164.9900
1M return
-5.2%
Low 160.0000 · High 175.6000
52W return
-51.8%
Low 155.3800 · High 354.4000
Lifetime High ₹378.8000 (Sept. 10, 2025)
Lifetime Low ₹156.8000 (Aug. 10, 2026)

Full price history and technicals →

Technicals

Full technicals, indicators & Volume/Delivery →

EMA & SMA

Bullish0
Bearish6
5D
160.6
10D
161.8
20D
164.1
50D
171.0
100D
180.9
200D
198.2

Delivery and volume

Day avg. delivery
40.8%
Week avg. delivery
38.9%
Month avg. delivery
44.8%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

160.76
Pivot
First resistance161.53
Second resistance163.04
Third resistance163.81
First support159.25
Second support158.48
Third support156.97
Day RSI37.7
Day MFI44.1
Day MACD-3.14
Day MACD signal-3.02

Beta

1M0.64
3M0.67
1Y1.20
3Y1.19

Price change analysis

↓ -5.2%
Over 1 Month
LowHigh
160.00175.60
↓ -10.5%
Over 3 Months
LowHigh
155.38205.99
↓ -12.6%
Over 6 Months
LowHigh
155.38234.00
↓ -51.8%
Over 1 Year
LowHigh
155.38354.40
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 15.9 (own history: 12.9–17.9)
Fair Value Zone

Financials

View full financials, peers & valuation multiples →
Revenue (June 30, 2026)
₹1,536 Cr
Net profit (June 30, 2026)
₹19 Cr
Basic EPS (June 30, 2026)
₹0.5200

Ranks #32 of 95 in Electrical Equipment by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter63.01%
  • Mutual funds3.66%
  • FII/FPI3.37%
  • Other DII0.37%
  • Public29.59%

Largest holders

NameCategoryShares %Shares
Vikram Capital Management Private LimitedPromoter30.8500%111792900
Gyanesh Chaudhary Family TrustPromoter20.1700%73086090
VSL Ventures Private LimitedPromoter4.1700%15099750
Gyanesh ChaudharyPromoter2.8400%10286905
Vikram India LimitedPromoter2.7600%9991750

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 63.01% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 2.94% to 3.37% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 3.84% to 3.66% in Jun 2026 qtr

4 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 9 insider trades, 0 SAST, 5 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
19 Feb 2026 Vikram Capital Management Private Limited Promoter Pledge Revoke 0 ₹472.17 Cr
19 Feb 2026 Gyanesh Chaudhary Family Trust Promoter Pledge Revoke 0 ₹1,577.56 Cr
19 Feb 2026 Vikram Capital Management Private Limited Promoter Pledge Revoke 0 ₹472.17 Cr
19 Feb 2026 Gyanesh Chaudhary Family Trust Promoter Pledge Revoke 0 ₹1,577.56 Cr
6 Feb 2026 VSL VENTURES PRIVATE LIMITED Promoter group Pledge 0 ₹319.54 Cr
6 Feb 2026 VSL VENTURES PRIVATE LIMITED Promoter group Pledge Revoke 0 ₹327.08 Cr
16 Sep 2025 Vikram Capital Management Private Limited Promoter Pledge 0 ₹828.62 Cr
16 Sep 2025 Gyanesh Chaudhary Family Trust Promoter Pledge 0 ₹2,768.50 Cr
3 Sep 2025 VSL VENTURES PRIVATE LIMITED Promoter group Pledge 0 ₹508.18 Cr

All insider and SAST disclosures →

Deals (Bulk & Block)

All 8 deals, with filters and CSV →
DateClientDealActionQuantityPriceExchange
17 Aug 2026 QE SECURITIES LLP Bulk Sell 1,925,995 177.5400 NSE
17 Aug 2026 QE SECURITIES LLP Bulk Buy 1,812,629 177.7600 NSE
17 Aug 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Buy 2,313,498 180.0800 NSE
17 Aug 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Sell 2,313,498 180.1400 NSE
17 Aug 2026 JUNOMONETA FINSOL PRIVATE LIMITED Bulk Sell 2,669,654 180.4700 NSE
17 Aug 2026 JUNOMONETA FINSOL PRIVATE LIMITED Bulk Buy 2,650,637 180.3400 NSE
17 Aug 2026 HRTI PRIVATE LIMITED Bulk Buy 2,520,406 179.0800 NSE
17 Aug 2026 HRTI PRIVATE LIMITED Bulk Sell 2,424,897 179.3000 NSE

All bulk and block deals →

Board Meetings

View board meeting history →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
6 Aug 2026 Financial Results Yes
7 May 2026 Financial Results Yes
11 Mar 2026 Other business matters —
20 Jan 2026 Financial Results Yes
16 Dec 2025 Other business matters —

Corporate Announcements

All 137 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
30 Sep 2026 Insider Trading / SAST Vikram Solar Ltd - 544488 - Closure of Trading Window
30 Sep 2026 Trading Window Vikram Solar Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
29 Sep 2026 Change in Management Vikram Solar Limited has informed the Exchange about change in Management
29 Sep 2026 Company Update Vikram Solar Ltd - 544488 - Announcement under Regulation 30 (LODR)-Change in Management
28 Sep 2026 Bagging/Receiving of orders/contracts Vikram Solar Limited has informed the Exchange about Bagging/Receiving of orders/contracts for 400 MW of high efficiency solar modules
28 Sep 2026 Company Update Vikram Solar Ltd - 544488 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
17 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Vikram Solar Limited has informed the Exchange about Schedule of meet
15 Sep 2026 Company Update Vikram Solar Ltd - 544488 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Sep 2026 Press Release Vikram Solar Limited has informed the Exchange regarding a press release dated September 15, 2026, which is self explanatory..
11 Sep 2026 Company Update Vikram Solar Ltd - 544488 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.03)
  • Healthy liquidity (Current Ratio 1.88)
  • Strong revenue growth YoY (35.3%)

Weaknesses

  • Thin net profit margin (1.2%)
  • Declining profit YoY (-86.1%)

Opportunities

Data unavailable.

Threats

  • Down 51.8% over the past year

Board of directors and corporate information →

F&O

View F&O, Options & Backtest →

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Vikram Solar Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.