₹140.08
-2.19% today
· 30d -1.73%
as of 2026-11-09
Price · Daily Candles
“Vikram Solar's Profit Soars by 236% as FIIs Boost Holdings, Despite Recent Price Dip.”
Vikram Solar reported a significant annual net profit increase of 236.45% to ₹470 Cr for the year ended March 2026, alongside a 38.81% revenue jump to ₹4802 Cr. This strong financial performance is reflected in its attractive TTM PE of 14.69 and an ROE of 31.0%, outperforming several peers.
BULL CASE
+Annual net profit surged by 236.45% to ₹470 Cr as of March 2026, demonstrating strong bottom-line growth.
+Revenue increased by 38.81% year-over-year, reaching ₹4802 Cr for the year ended March 2026.
+Foreign Institutional Investors (FIIs) increased their stake by 1.11% QoQ, holding 2.94% as of March 2026.
+The trailing twelve-month PE ratio of 14.69 is below some sector peers, suggesting relative value.
BEAR CASE
−The stock price has taken a hit, down 33.35% over the last six months and 50.98% from its 52-week high of ₹407.95.
−The company's FCF yield is negative at -1.28%, with a current FCF of -93.0 Cr, indicating cash flow challenges.
−Short-term technical signals are bearish, with MACD at -2.085 (strong bearish) and RSI(14) at 38.92 (moderate bearish).
−ML predictions for EBIT 1-year in recent 2-year and stable 7-year periods show neutral to weak growth ranks at 0.465 and 0.416 respectively.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹1563 Cr
+37.89% YoY
NET PROFIT
₹20 Cr
-85.17% YoY
OPM
8.8%
-12.86pp YoY
EPS
₹0.55
PE 14.69
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-1.8% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Vikram Solar’s 14.69 PE and 31.0% ROCE position it competitively against peers like Waaree Renewables (PE 23.93, ROCE 28.56%) and Premier Energies (PE 48.97, ROCE 47.20%), offering a lower valuation relative to its profitability for now.
PEERPEROCE %
VIKRAMSOLR14.6931.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
60
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
5
Valuation
CHEAP
75
Growth
STRONG
83
Profitability
HIGH
78
Technicals
WEAK
47
Risk
LOW
70
Key Stats
TTM PE
14.69
P/B
2.27
52W HIGH
₹348.8
OFF HIGH
-59.84%
MKT CAP
₹5092 Cr
◉ Active Signals
MACDNeutral2.4401
RSI(14)Neutral48.94
Street Consensus
5 analysts₹246.0
mean target
Low ₹202.0Now ₹140.08High ₹320.0
⧉ Strategy Fit 🔒