Vikram Solar
316.30
+0.15(+0.05%)
Market Cap₹11,435.70 Cr
PE Ratio30.80
Industry-
Company Performance:
1D+0.05%
1M-1.97%
6M-11.25%
1Y-11.25%
5Y-11.25%
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More news about Vikram Solar
17Sept 25
Vikram Solar Promoters Pledge 26.25% Stake for Working Capital Financing
Vikram Solar's promoters have pledged 9,49,60,893 equity shares (26.25% of post-IPO share capital) to secure a Rs. 2,600 crore working capital facility from a 14-bank consortium. This re-pledge follows a temporary release for IPO compliance. The company plans to expand module production capacity from 4.5 GW to 17.5 GW and enter solar cell manufacturing with 12 GW capacity by FY27. Q1 results show strong growth with revenue up 79.7% YoY to Rs. 1,134 crore and PAT increasing from Rs. 22.80 crore to Rs. 133 crore.
17Sept 25
Vikram Solar Reports 5x Jump in Q1 PAT, Plans Massive Capacity Expansion
Vikram Solar reported strong Q1 financial results with revenue up 79.7% to ₹1,134.00 crores and PAT increasing fivefold to ₹133.00 crores. The company produced over 750 megawatts of modules, achieving 67% capacity utilization. With a robust order book of 10.96 gigawatts, Vikram Solar announced expansion plans to increase module manufacturing capacity from 4.5 to 17.5 gigawatts, establish 12 gigawatts of solar cell manufacturing, and venture into battery energy storage systems. The company is investing in advanced technologies like TOPCon and exploring next-generation options. Expansion will be funded through IPO proceeds, debt, and internal accruals.
15Sept 25
Vikram Solar Secures 200 MW Module Supply Deal, Seeks Shareholder Approval for ESOP Plan
Vikram Solar has secured a 200 MW solar module order worth Rs. 273 crores from AB Energia Solutions for projects in Maharashtra, Madhya Pradesh, and Gujarat. The supply will begin in September 2025. Additionally, the company is seeking shareholder approval for its ESOP 2021 plan, which allocates 1,30,00,000 equity shares (5.02% of diluted equity) to employees, with vesting periods ranging from 1 to 5 years.
15Sept 25
Vikram Solar Secures Rs. 273 Crore Order for 200 MW High-Efficiency Solar Modules
Vikram Solar Limited has received an order worth Rs. 273 crores from AB Energia Solutions Private Limited for 200 MW of high-efficiency solar modules. The order includes M10R N-Type TOPCon modules with efficiency ratings of 590 Wp and above, to be delivered between September 2025 and March 2026. The modules will be deployed across Maharashtra, Madhya Pradesh, and Gujarat for commercial and industrial solar projects. This order strengthens the partnership between Vikram Solar and AB Energia, highlighting their commitment to India's clean energy transition.
13Sept 25
Vikram Solar Aims for 16-18% EBITDA Margins, Boasts Strong Order Book
Vikram Solar aims to maintain EBITDA margins of 16-18% for FY26 and beyond. The company has a strong order book of 10+ gigawatts and a market pipeline of 30-35 gigawatts. Expansion plans include increasing module manufacturing capacity and integrating up to 12 gigawatts of solar cell manufacturing. Funding for expansion will come from IPO proceeds, debt, and internal accruals.
10Sept 25
Vikram Solar's Q1 Profit Soars 484% as Revenue Surges 80%
Vikram Solar Limited achieved remarkable financial results in Q1, with revenue surging 79.7% to ₹1,133.60 crore and net profit jumping 484% to ₹133.40 crore. EBITDA grew by 117.3% to ₹242.20 crore, with margins expanding to 21.4%. The company maintains a robust order book of 10.96 GW and secured significant new orders. Vikram Solar received industry recognition for product quality and sustainability efforts. Management expressed confidence in sustaining growth momentum, supported by expansion plans and favorable industry trends.
09Sept 25
Vikram Solar Unveils Ambitious Growth Strategy with 4x Capacity Expansion and Strong Q1 Performance
Vikram Solar reported impressive Q1 results with revenue up 79.7% to ₹1,133.60 crore and PAT increasing 483.9% to ₹133.40 crore. The company plans a four-fold capacity expansion and backward integration into solar cell production, supported by a 10.96 GW order pipeline. Key orders include 250 MW from Bondada Group, 326 MW from GIPCL, and 336 MW from L&T. The company has received industry recognition and is optimistic about growth prospects due to favorable government policies and industry trends.
09Sept 25
Vikram Solar Reports Strong Q1 Results, Completes IPO
Vikram Solar Limited announced robust Q1 financial results with revenue from operations at ₹11,351.60 crore and profit after tax at ₹1,344.15 crore. The company completed its IPO, issuing 62,631,604 shares at ₹332 per share, raising a total of ₹20,793.69 crore. The firm appointed Ernst & Young LLP as internal auditor and approved a postal ballot for the Employee Stock Option Plan 2021. Two significant legal matters are ongoing: a case regarding ₹148.52 crore in safeguard duty payments and disputed trade receivables of ₹843.88 crore under arbitration.
05Sept 25
VSL Ventures Pledges 15.1 Million Vikram Solar Shares as Loan Collateral
VSL Ventures Private Limited, a promoter group entity of Vikram Solar Limited, has pledged 15,099,750 shares, representing 4.17% of the company's total share capital. The pledge was made to VISTRA ITCL (INDIA) LIMITED on August 29, 2025, as collateral for a loan. This significant transaction was disclosed on September 5, 2025, in compliance with SEBI regulations.
Vikram Solar
316.30
+0.15
(+0.05%)
1 Year Returns:-11.25%