Vikram Solar logo

Vikram Solar share price

NSE: VIKRAMSOLRBSE: 544488Electrical EquipmentSmall Cap

Vikram Solar Limited · Face value ₹10 · Listed Aug 2025 · Issue price ₹332
Last close ₹125.29down ₹2.71 (2.12%)BSE ₹125.40

Share price at the NSE close on 30 Oct 2026. Previous close ₹128.00.

30 Oct: open ₹127.95, high ₹127.95, low ₹125.00

52-week range of traded prices to 30 Oct 2026
₹124.50Low, 23 Oct 2026₹332.75High, 31 Oct 2025
Market cap
₹4,540 Cr648th largest listed
P/E
12.73
P/B
1.43
Dividend yield
Nonein the last 12 months
ROE
11.3%
ROCE
18.6%
Debt to equity
0.03
Volume, NSE
14,02,642

Vikram Solar share price chart

Daily closes since Aug 2025, adjusted for splits and bonuses

−62.0%over a year

Results20-session average 17,20,778 shares a day, 41.1% delivered

Results

Consolidated; ₹ crore.Vikram Solar quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹1,563 Crup 7.59%
Net profit
₹20 Crdown 82.09%
Net margin
1.3%

Revenue by quarter

₹1,134 CrJun 25₹1,110 CrSep 25₹1,106 CrDec 25₹1,453 CrMar 26₹1,563 CrJun 26
Peak revenue ₹1,563 Cr, quarter to Jun 2026; lowest ₹1,106 Cr, quarter to Dec 2025

Net profit by quarter, a loss in red

₹133 CrJun 25₹128 CrSep 25₹98 CrDec 25₹110 CrMar 26₹20 CrJun 26
₹ croreJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,1341,1101,1061,4531,563
Net profit1331289811020
Net margin11.8%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.Vikram Solar PE ratio and valuation

Price to book

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median2.31Industry median3.23

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Vikram Solar shareholding pattern

Shareholding by group

  • Promoters63.01%
  • Foreign institutions3.10%
  • Indian institutions3.66%
  • Individuals and others30.23%
Holder
Vikram Capital Management Private LimitedPromoter30.85%
Gyanesh Chaudhary Family TrustPromoter20.17%
VSL Ventures Private LimitedPromoter4.17%
Gyanesh ChaudharyPromoter2.84%
Vikram India LimitedPromoter2.76%
Kingsman Wealth Fund Pcc - Quantum Leap FundForeign portfolio investors, category I1.97%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 9.24% of their shares. Since Jun 2026: promoters unchanged, foreign institutions −0.27 pts, Indian institutions −0.37 pts, mutual funds −0.29 pts.

The filing reports 7,23,47,024 of its 36,23,54,381 shares locked in.

Mutual fund holdings

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.All 11 funds holding Vikram Solar

Added
4
Cut
5
Held unchanged
2
Sold out
2
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Vikram Solar insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 3 pledges created · 5 pledges released · 2 pledge filings of unclear kind
  • Others: no market trade · 43 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Vikram Solar competitors and peers

Other Electrical Equipment, 84 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Vikram Solar in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Fujiyama Power Systems logoFujiyama Power SystemsUTLSOLAR11,20838.088.80––23.1%33.3%0.00%
Genus Power Infrastructures logoGenus Power InfrastructuresGENUSPOWER8,32112.773.75+74.2%+62.8%31.9%20.1%0.18%
Waaree Renewable Technologies logoWaaree Renewable TechnologiesWAAREERTL7,24715.566.48+77.7%+33.0%52.4%21.0%0.00%
Ram Ratna Wires logoRam Ratna WiresRAMRAT4,73433.687.54+71.5%–24.8%21.4%0.49%
Saatvik Green Energy logoSaatvik Green EnergySAATVIKGL4,365–3.21–––15.1%0.00%
Yash Highvoltage logoYash HighvoltageYASHHV3,61160.1711.29––25.0%24.5%0.12%
Websol Energy System logoWebsol Energy SystemWEBELSOLAR2,8499.094.52+76.3%+57.6%69.0%50.5%0.38%
Ravindra Energy logoRavindra EnergyRELTD2,671––+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.Vikram Solar announcements

Vikram Solar share price by year

Each calendar year to 2025.Vikram Solar share price history

YearClose at year endChangeHighest closeLowest close
2025238.00–378.80232.65
₹ 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 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026128.00129.50127.33128.00128.2613,00,06342.5%
28 Oct 2026130.40130.47127.25127.55128.3314,04,91243.1%
27 Oct 2026129.00131.35127.63130.47129.5926,62,40948.4%
26 Oct 2026127.80131.80126.00128.38128.8415,84,38936.9%
23 Oct 2026131.45132.71124.50127.98127.6933,52,27541.6%
22 Oct 2026135.00135.00131.15131.54132.2713,63,54441.7%
21 Oct 2026140.83141.93133.75135.00135.7822,89,58838.4%
19 Oct 2026143.48144.77140.60140.83141.759,80,40243.6%
16 Oct 2026143.00145.00142.24144.00143.4410,68,50238.1%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
Gyanesh Chaudhary
At the end of the quarter to Sep 2026
NSE symbol
VIKRAMSOLR
BSE code
544488
ISIN
INE078V01014
Industry
Electrical Equipment
CIN
L18100WB2005PLC106448
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
Unit No. 1102, 789, Biowonder, 11th Floor,, Anandapur Main Road, Eastern Metropolitan Bypass, E.K.T, Kolkata 700107, West Bengal
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments