amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Vikram Solar
DRHP Status : Not Filed
470
Current Price
470
Market Cap
13548 Cr
ISIN
INE078V01014
Face Value
10
P/E Ratio
170
EPS
2.5
P/B Ratio
30.4
Book Value
14
Debt to Equity Ratio
1.81
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 1610 | 1730 | 2073 | 2511 |
| Cost of Material Consumed | 1216 | 1395 | 1717 | 1676 |
| Gross Margins | 24.47 | 19.36 | 17.17 | 33.25 |
| Change in Inventory | 0.5 | -11 | -101 | 3 |
| Employee Benefit Expenses | 87 | 109 | 91 | 96 |
| Other Expenses | 129 | 178 | 179 | 337 |
| EBITDA | 177.5 | 59 | 187 | 399 |
| OPM | 11.02 | 3.41 | 9.02 | 15.89 |
| Other Income | 17 | 13 | 19 | 1 |
| Finance Cost | 99 | 103 | 122 | 155 |
| D&A | 39 | 48 | 64 | 138 |
| EBIT | 138.5 | 11 | 123 | 261 |
| EBIT Margins | 8.6 | 0.64 | 5.93 | 10.39 |
| PBT | 56 | -79 | 20 | 107 |
| PBT Margins | 3.48 | -4.57 | 0.96 | 4.26 |
| Tax | 18 | -16 | 5 | 27 |
| PAT | 38 | -63 | 15 | 80 |
| NPM | 2.36 | -3.64 | 0.72 | 3.19 |
| EPS | 16.17 | -2.43 | 0.58 | 3.09 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 11.02 | 3.41 | 9.02 | 15.89 |
| Net Profit Margin | 2.36 | -3.64 | 0.72 | 3.19 |
| Earning Per Share (Diluted) | 16.17 | -2.43 | 0.58 | 3.09 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 334 | 502 | 644 | 456 |
| CWIP | 66 | 4 | 18 | 28 |
| Investments | 0 | 0 | 0 | 0 |
| Trade Receivables | 736 | 917 | 959 | 1185 |
| Inventory | 193 | 265 | 373 | 393 |
| Other Assets | 469 | 549 | 482 | 523 |
| Total Assets | 1798 | 2237 | 2476 | 2585 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 23.5 | 258.8 | 258.8 | 258.8 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 391 | 92 | 106 | 186 |
| Borrowings | 621 | 703 | 738 | 808 |
| Trade Payables | 506 | 754 | 446 | 647 |
| Other Liabilities | 256.5 | 429.2 | 927.2 | 685.2 |
| Total Liabilities | 1798 | 2237 | 2476 | 2585 |
| Name | Holding |
|---|---|
| Vikram Capital Management Private Limited | 42.93% |
| Hari Krishna Chaudhary Family Trust | 28.20% |
| Hari Krishna Chaudhary | 5.31% |
| Gyanesh Chaudhary | 5.02% |
| Vikram Financial Services Limited | 5.83% |
| Others | 12.71% |
About Company
Vikram Solar Limited (formerly known as Vikram Solar Private Limited) is one of India’s largest module manufacturers, in terms of operational capacity, producing solar photo-voltaic (“PV”) modules (as on March 31, 2024), and is also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services.
Click here to visit the official website of Vikram Solar.
FAQs
These shares represent equity in Vikram Solar Ltd, a leading Indian solar PV module manufacturer. Since the company is not yet listed on NSE or BSE, its shares trade privately via platforms like UnlistedKraft.
Yes, UnlistedKraft gives you access to verified deals for Vikram Solar unlisted shares. Complete your KYC, place your order, and the shares are credited to your demat account, typically within 24 hours.
Unlisted shares involve risks such as limited liquidity and less public disclosure. That said, Vikram Solar is a Tier-1 solar manufacturer with strong export credentials and rapid capacity growth. Investing through UnlistedKraft ensures secure, verified, and transparent transactions.
Pricing is based on recent private trades, investor demand, company financial performance, and IPO expectations. Share prices have ranged between INR 275 – INR 495 over the past 52 weeks, reflecting market sentiment and trade volume.
Yes. An active demat account (NSDL or CDSL) is required to receive and hold unlisted shares of Vikram Solar.
There’s no mandatory lock-in unless Vikram Solar goes public. Most investors hold shares until a listing event or strategic exit to materialise returns.
Yes, you can resell your shares through UnlistedKraft’s resale network, subject to available buyers and prevailing market conditions.
Yes. As per SEBI regulations, shares acquired before the IPO are subject to a six-month lock-in period post-listing before sale.
If held for more than two years, gains qualify as long-term capital gains and are taxed at 20% with indexation. Gains from shares held for under two years are treated as short-term and taxed as per your income tax slab.
UnlistedKraft offers a streamlined and secure way to invest in high-potential pre-IPO companies like Vikram Solar, with transparent pricing, expert support, verified sellers, and fast demat credit to your account.
+91-9599071664
amit@unlistedkraft.in