Company Overview 

Vikram Solar Share is one of India’s trusted solar energy companies, known for its high- quality photovoltaic( PV) module manufacturing and clean energy results. Established in 2005 and grounded in Kolkata, the company has grown into a global player, serving both original and transnational requests.

Vikram Solar combines invention, technology, and sustainability to give dependable renewable energy systems that help meet India’s adding energy requirements.

The company focuses on high- effectiveness solar panels, Engineering, Procurement, and Construction( EPC) systems, and Operations & conservation( O&M) services.

With a strong presence in over 30 countries, Vikram Solar has earned recognition for its quality and performance. It continues to grow with an emphasis on exploration and development, large- scale solar systems, and the relinquishment of green energy.

~ Key Highlights:

-> Founded in 2005, based in Kolkata.

-> Leading Indian solar panel manufacturer.   

-> Exports to over 30 countries.

-> Focused on innovation and sustainability.

-> Offers EPC and O&M services.

-> Recognized for quality and reliability.

-> Strong domestic and global presence.

Quick Overview Table 

Financial Overview 

Vikram Solar has become one of India’s top solar manufacturers, showing strong financial and operational growth. The company’s revenue increased from ₹2,511 crore in FY2024 to ₹3,423 crore in FY2025, marking a notable 36% annual rise.

This growth showcases its ability to tap into the increasing demand for solar energy both domestically and internationally. Profitability also saw significant improvement; net profit grew from ₹79.7 crore to ₹139.8 crore, while the EBITDA margin remained solid at 14.4% in FY2025. This success was driven by better operational efficiency and growing export orders.

A crucial element of Vikram Solar’s financial progress is the significant reduction in debt. Total borrowings fell by over 70% within a year, and the debt-to-equity ratio improved dramatically from 1.8 to 0.19.

The international business has become an important part of the company, with exports making up 61% of total revenue in FY2024. The company is actively investing in expanding its manufacturing capacity, aiming to grow from 4.5GW as of March 2024 to 10.5GW by FY2026. It is also investing in research and development to stay ahead in technology and sustainability.

Investors following Vikram Solar are interested in its fast revenue growth, rising profits, strong export performance, reduced debt, and plans to diversify into solar cells and battery storage solutions.

~ Vikram Solar Financial Snapshot

• Revenue: ₹3,423.5 crore, up 36% year-on-year
• EBITDA: ₹492 crore with a 14.4% margin
• Net Profit: ₹139.8 crore, net margin improved to 4.0%
• Debt-to-Equity: 0.19, significantly reduced from 1.8 in FY2024
• Export Contribution: 61% of total revenue in FY2024
• Production Capacity: 4.5GW currently, aiming for 10.5GW by FY2026
• Profitability: Improved through operational efficiency and strong export demand
• Future Plans: Focus on capacity expansion and increased investment in R&D

~ Financial Summary Table

Why Invest in Vikram Solar

Investing in Vikram Solar shares lets you tap into India’s rapidly growing renewable energy sector. The company has a solid history in making high-efficiency solar modules and carrying out large EPC projects. With increasing global demand for clean energy, Vikram Solar is well-placed for steady growth. Its reliable financial results, emphasis on research and development, and commitment to sustainability make it an appealing choice for long-term investors who want both growth and a positive environmental impact.

~ Benefits of Investing in Vikram Solar

Business Segments 

Vikram Solar operates in various business segments that together provide a solid foundation for growth. Each segment plays a role in the company’s leadership in renewable energy.

• Solar PV Modules: The main business manufactures high-quality solar panels that are efficient and durable, catering to both domestic and international customers.
• EPC Services (Engineering, Procurement & Construction): Vikram Solar offers complete solutions for solar projects, handling design, supply, construction, and commissioning.
• O&M Services (Operations & Maintenance): The company provides dependable maintenance services to ensure solar plants perform well over the long term.
• International Exports: By exporting to over 30 countries, the company boosts its presence in global solar markets.
• Research & Development: Vikram Solar invests in research and development to create new technologies and improve panel efficiency, complying with international quality standards.
• Sustainability Initiatives: The company is dedicated to lowering its carbon footprint and encouraging renewable energy use.
• Large-Scale Solar Projects: The focus is on utility-scale solar installations that help India meet its renewable energy goals.

Through these segments, Vikram Solar Shares gain credibility as the company balances manufacturing excellence with sustainable growth.

Business Subsidiaries 

Vikram Solar has erected a network of accessories and hookups to boost its business model. Each attachment plays a critical part in expanding reach and furnishing value for stakeholders.

• Module Manufacturing Accessories: Installations that concentrate on producing top-quality solar PV modules at scale.
• Project Development Units: Accessories that handle the prosecution of solar EPC systems.
• Transnational Branches: Services abroad that manage exports and develop global client relations.
• Technology Hookups: Collaborations with global tech companies to ameliorate R&D and product performance.
• O&M Accessories: Brigades concentrated on maintaining solar systems for long-term trustability.
• Sustainability Arms: Enterprise designed to promote renewable energy relinquishment and environmental programs.
• Training Accessories: Units that offer solar training and pool development programs.
• Innovation Units: Devoted to perfecting solar effectiveness and introducing new products.
• Financial Accessories: Manage design backing, investments, and backing for growth.
• Regional Services: Strengthen their presence across India.
• Global Distribution Accessories: Handle logistics and force chain operations for exports.
• Partnership Accessories: Work with governments, NGOs, and private companies for design prosecution.

By using these accessories, Vikram Solar Shares have strong long-term eventuality grounded on diversification and invention.

Expert Opinion 

Experts see Vikram Solar Shares as a good long-term investment due to the company’s strong request presence and steady performance. Assiduity specialists suppose Vikram Solar is in a strong position to take advantage of India’s ambitious renewable energy pretensions.

• Market Leadership: Judges point out Vikram Solar’s strong standing as one of India’s biggest solar panel manufacturers.
• Unborn Demand: As clean energy use increases, the demand for solar modules and EPC services will keep growing.
• Import Implicit: Experts view exports as a significant source of income, especially in Europe, Africa, and the US.
• Financial Health: The company has demonstrated stable profit growth, making its shares appealing for long-term investors.
• Sustainability Edge: Investors favor companies that concentrate on sustainability, and Vikram Solar fits this trend well.
• Innovation Driven: Ongoing exploration and development help keep the company competitive in technology and effectiveness.
• IPO Prospects: Request watchers anticipate a public table, which could greatly increase the value of Vikram Solar Shares.
• Threat Factors: Like all energy companies, Vikram Solar faces pitfalls similar as raw material costs and global competition.
• Long-term Outlook: Experts prevision strong and steady growth in the coming decade.

Overall, analysts see Vikram Solar Shares as a solid investment for those seeking growth and sustainability.