Vikram Solar (VIKRAMSOLR.NS) Stock Price

Vikram Solar Price

CLOSED
129.37
​
Market closed

Over the last 4 years Vikram Solar grew revenue by 29.6% annually, reaching 45.86 B INR. Earnings per share have grown at 219.0% per year over the last 3 years. For Vikram Solar, the net margin of 10.3% is up versus -3.9% a few years ago. The consensus 12-month price target for Vikram Solar is 332.52 INR, about 157.0% above where the stock trades today. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus.

Vikram Solar stock price

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Vikram Solar business model & stock analysis

Vikram Solar Ltd generates revenue through the manufacturing and sale of high-efficiency solar PV modules, including p-type PERC, N-Type monocrystalline, and n-type HJT modules, available in bifacial and monofacial configurations. The company also offers integrated solar energy solutions such as engineering, procurement, construction (EPC), and operations and maintenance (O&M) services to commercial and industrial clients. Its products are differentiated by cell size and wattage, with the latest modules ranging from 395 watts. The primary buyers include solar project developers and renewable energy companies seeking cost-effective, high-performance solar solutions for large-scale installations. Vikram Solar Ltd targets the Indian solar market as a leading manufacturer of PV modules, leveraging its operational capacity to supply both domestic and international projects. The company’s product portfolio focuses on advanced technologies like PERC, N-Type, and HJT to meet growing demand for efficient solar energy systems. By providing end-to-end solutions through EPC and O&M services, Vikram Solar Ltd enhances customer retention and expands its revenue streams beyond module sales. The company’s integrated approach ensures it captures value across the solar energy lifecycle, from manufacturing to project execution and maintenance. The company’s revenue model is built on selling solar PV modules with varying configurations and wattages, complemented by EPC and O&M services. Its products are tailored for commercial and industrial applications, with high-efficiency modules designed to maximize energy output. Vikram Solar Ltd’s focus on innovation, such as testing new module generations, positions it to meet evolving market needs while maintaining a competitive edge in the semiconductor and solar equipment sector. The company’s operational capacity and product differentiation drive its market position as a key player in India’s solar energy landscape.

Frequently asked questions about Vikram Solar

Analysts currently set an average price target of 332.52 INR for the Vikram Solar stock (median: 332.52 INR), implying +157.0 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the Vikram Solar stock: 6 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the Vikram Solar share trades at 1.22 EUR (129.37 INR).

The revenue of Vikram Solar is 45.86 B INR. This figure is based on current financial data and reflects the company's business performance.

The profit of Vikram Solar is 4.70 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Vikram Solar is currently 10.07. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Vikram Solar stock.

The price-to-sales ratio (P/S) of Vikram Solar is currently 1.03. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Vikram Solar stock.

The Eulerpool Quality Score for Vikram Solar is 6/10.

The ISIN of Vikram Solar is INE078V01014. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Vikram Solar is VIKRAMSOLR.NS. The ticker symbol is used to trade Vikram Solar shares on the stock exchange.

Fair ValueTerminal
109.96 INR
Over-/UndervaluationTerminal
Fairly valued
Industry
Semiconductors & Semiconductor Equipment
Number of shares
Employees
Revenue per Employee
28.45 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
Aug 26, 2025
ISIN
INE078V01014
Cusip
Y937FN109
Market capitalization
46.87 B INRLarge Cap
52-Week Range
PEG
0.25
P/E ratio
P/Ee 2027
12.35
P/Ee 2028
7.85
P/Ee 2029
4.54
P/S
P/Se
0.54
EV/EBIT
7.02
P/B Ratio
1.48
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
12.34 %
Last updated Nov 5, 2026, 3:33 AM

Vikram Solar Peer Group

All fundamentals and in-depth analysis of Vikram Solar

Our stock analysis for Vikram Solar stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Vikram Solar. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.