Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,257 cr vs borrowings ₹100 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 3.8x in the last 12 months.
- 9.24% of the promoters' shares are pledged (5.8% of all shares).
- Other income was 19% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹130.47 on 2026-10-27: -62.6% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 1,134 | 1,110 | 1,106 | 1,453 | 1,563 |
| EBITDA | 242 | 235 | 199 | 235 | 126 |
| OPM % | 21.4% | 21.2% | 18.0% | 16.1% | 8.1% |
| Other income | 4 | 16 | 20 | 18 | 13 |
| Net profit | 133 | 128 | 98 | 110 | 20 |
| EPS (₹) | 4.21 | 3.83 | 2.71 | 3.05 | 0.55 |
| Revenue YoY | +37.9% | ||||
| Profit YoY | -85.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 4,802 | 5,232 |
| EBITDA | 911 | 795 |
| Net profit | 470 | 357 |
| EPS (₹) | 13.68 | 10.14 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -59.8% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 3,168 |
| Borrowings | 100 |
| Cash & equivalents | 1,257 |
| Total assets | 5,728 |
| Fixed assets | 540 |
| Capital work in progress | 418 |
| Investments | 0 |
| Receivables | 1,214 |
| Inventory | 823 |
| Payables | 1,564 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 630 |
| Cash from investing | -1,748 |
| Cash from financing | 1,115 |
| Capex | 722 |
| Free cash flow | -93 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 14.9% |
| ROCE % | 24.7% |
| Debtor days | 92 |
| Inventory days | 90 |
| Payable days | 171 |
| Cash conversion cycle (days) | 11 |
| Working capital days | 133 |
Shareholding
| Holder (% of shares) | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Change since Sep 2025 |
|---|---|---|---|---|---|---|
| Promoters | 63.12% | – | 63.01% | 63.01% | 63.01% | -0.11 pts |
| FIIs | 2.09% | – | 2.94% | 3.37% | 3.10% | +1.01 pts |
| DIIs | 6.20% | – | 4.80% | 4.03% | 3.66% | -2.54 pts |
| of which Mutual funds | 4.16% | – | 3.84% | 3.66% | 3.37% | -0.79 pts |
| of which Insurance | 0.78% | – | 0.22% | 0.20% | 0.14% | -0.64 pts |
| Government | – | – | – | 0.00% | 0.00% | – |
| Public (non-institutions) | 28.59% | – | 29.24% | 29.59% | 30.23% | +1.64 pts |
| No. of shareholders | 3,06,426 | – | 2,85,301 | 3,03,976 | 3,31,444 | +8.2% |
| Promoter group | % |
|---|---|
| Vikram Capital Management Private Limited | 30.85% |
| Gyanesh Chaudhary Family Trust | 20.17% |
| VSL Ventures Private Limited | 4.17% |
| Gyanesh Chaudhary | 2.84% |
| Vikram India Limited | 2.76% |
| Nilam Chaudhary | 1.89% |
| Pragya Jindal | 0.23% |
| Prerna Rungta | 0.07% |
| Pratibha Agarwal | 0.01% |
| Gaurav Goel | 0.01% |
| Meenakshi Chaudhary | 0.00% |
| Hari Krishna Chaudhary | 0.00% |
| Urmila Chaudhary | 0.00% |
| Agastya Vikram Chaudhary | 0.00% |
| Yashvi Chaudhary | 0.00% |
| Public holders above 1% | % |
|---|---|
| Bandhan Small Cap Fund | 2.66% |
| Kingsman Wealth Fund Pcc - Quantum Leap Fund | 1.97% |
3,31,444 shareholders. Pledged: 9.24% of promoter shares.
From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Dec 2025 (shown as –).
Peers in Other Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹65,440 cr | 17.1x | 4.5x | 23.0% | 33.2% | 20.2% | – | 0.09% |
| APARINDS | ₹60,870 cr | 51.5x | 11.3x | 11.6% | 32.9% | 8.7% | +16.9% | 0.34% |
| PREMIERENE | ₹39,130 cr | 23.2x | 9.1x | 46.7% | 29.7% | 30.0% | – | 0.08% |
| MTARTECH | ₹20,738 cr | 155.4x | 25.2x | 17.2% | 18.3% | 20.7% | +15.2% | – |
| DIACABS | ₹17,638 cr | 89.7x | – | – | 13.0% | 11.7% | – | – |
| EMMVEE | ₹16,661 cr | 11.6x | 3.8x | 53.0% | 34.1% | 34.7% | – | – |
| AVALON | ₹14,490 cr | 108.3x | 20.1x | 20.0% | 21.9% | 11.4% | +19.3% | 0.00% |
| UTLSOLAR | ₹11,331 cr | 36.6x | 8.9x | 23.1% | 25.4% | 14.6% | – | – |
| GENUSPOWER | ₹7,411 cr | 11.4x | 3.3x | 31.9% | 22.2% | 18.8% | +80.5% | 0.82% |
| VIKRAMSOLR | ₹4,728 cr | 12.9x | 1.5x | 11.3% | 20.5% | 15.2% | – | – |
Latest filings
- Press Release
Vikram Solar Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Vikram Solar Secures Major 289.87 MWp Order for Grid-Scale Solar in Rajasthan from NLC India Limited".
- Press Release
Vikram Solar Limited has informed the Exchange regarding a press release dated October 23, 2026, which is self explanatory
- Press Release
Vikram Solar Limited has informed the Exchange regarding a press release dated October 15, 2026, which is self explanatory.
- Change in Management
Vikram Solar Limited has informed the Exchange about change in Management
- 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
- Analysts/Institutional Investor Meet/Con. Call Updates
Vikram Solar Limited has informed the Exchange about Schedule of meet
- Press Release
Vikram Solar Limited has informed the Exchange regarding a press release dated September 15, 2026, which is self explanatory..
- Press Release
Vikram Solar Limited has informed the Exchange regarding a press release dated September 11, 2026, titled "Vikram Solar Secures 124 MW Module Supply Order for a Solar Project in Andhra Pradesh".
- Acquisition
Vikram Solar Limited has informed the Exchange about Acquisition
- Analysts/Institutional Investor Meet/Con. Call Updates
Vikram Solar Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
Vikram Solar Limited has informed the Exchange about Schedule of meet
- Credit Rating
Vikram Solar Limited has informed the Exchange about Credit Rating
- Analysts/Institutional Investor Meet/Con. Call Updates
Vikram Solar Limited has informed the Exchange about Link of Recording
- Investor Presentation
Vikram Solar Limited has informed the Exchange about Investor Presentation
- Change in Auditors
Vikram Solar Limited has informed the Exchange regarding Change in Auditors of the company.
Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Electrical Equipment |
| Sub-industry | Other Electrical Equipment |
| Symbol | VIKRAMSOLR |
| BSE code | 544488 |
| ISIN | INE078V01014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.