| Revenue growth | 40% YoY for FY26; 22% YoY for Q4. |
|---|---|
| Margins | FY26 EBITDA margin improved to 19% from 14% YoY. |
| Order book | 8.2 GW total; 1.9 GW secured in Q4. |
| Demand visibility | Strong, backed by 8.2 GW order book and 509 GW long-term demand. |
| Management confidence | High, citing stable line performance and strong pipeline conversion. |
Growth
FY26 Revenue grew 40% YoY to ₹4,802 Cr; EBITDA surged 86% to ₹917 Cr; PAT jumped 236% to ₹470 Cr.
Outlook
Targeting 15.5 GW Module, 12 GW Cell/Wafer/Ingot integration by FY30. June '26 first module from Vallam plant.
Risks
US trade duties of 250%+ on exports; China's export rebate removal; grid constraints limiting project evacuation.
Earnings Call filed with BSE, 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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