| Revenue growth | 40% YoY revenue growth reached ₹4,800 crore in FY26. |
|---|---|
| Margins | EBITDA margins expanded 500 bps YoY to 19% due to scale. |
| Order book | Robust order book of 8.2 GW provides multi-year revenue visibility. |
| Demand visibility | Strong demand driven by DCR mandates and national solar targets. |
| Management confidence | Balanced tone focusing on long-term structural shifts and supply chain security. |
Growth
Growth is volume-led, with shipments hitting a record 3.3 GW, a 76% increase YoY.
Outlook
Targeting 15.5 GW module capacity and 12 GW cell capacity by FY28.
Risks
Heavy exposure to raw material price volatility and high dependency on China for wafers.
Earnings Call filed with NSE, NSE: VIKRAMSOLR. Summary written with AI assistance from the document.
Vikram Solar Ltd: key numbers
- Share price
- ₹160.31
- Market cap
- ₹5,809 Cr
- Revenue (annual)
- ₹4,802 Cr
- Net profit (annual)
- ₹470.4 Cr
- P/E (TTM)
- 16.3×Sector 45.9×
- Promoter holding
- 63.01%+0.00% QoQ
- FII holding
- 3.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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