Vikram Solar Ltd
- Market Cap ₹ 0.00 Cr.
- Current Price ₹
- High / Low ₹ /
- Stock P/E 0.00
- Book Value ₹
- Dividend Yield %
- ROCE 21.6 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.34% over last 3 years.
- Company has high debtors of 177 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 45.8 days to 67.9 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 1,520 | 1,577 | 1,700 | 2,006 | 2,441 | |
| 1,403 | 1,402 | 1,647 | 1,824 | 2,049 | |
| Operating Profit | 117 | 174 | 53 | 183 | 392 |
| OPM % | 8% | 11% | 3% | 9% | 16% |
| 25 | 18 | 13 | 19 | 4 | |
| Interest | 95 | 99 | 103 | 123 | 157 |
| Depreciation | 37 | 39 | 48 | 64 | 138 |
| Profit before tax | 10 | 54 | -85 | 15 | 100 |
| Tax % | 37% | 31% | -29% | 13% | 33% |
| 6 | 37 | -60 | 13 | 67 | |
| EPS in Rs | 2.16 | 15.78 | -2.32 | 0.49 | 2.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 450% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 28 | 24 | 259 | 259 | 259 |
| Reserves | 350 | 401 | 108 | 129 | 202 |
| 494 | 672 | 703 | 788 | 854 | |
| 706 | 697 | 1,153 | 1,270 | 1,283 | |
| Total Liabilities | 1,578 | 1,793 | 2,223 | 2,446 | 2,598 |
| 356 | 381 | 542 | 627 | 493 | |
| CWIP | 11 | 67 | 4 | 8 | 13 |
| Investments | 28 | 28 | 31 | 35 | 44 |
| 1,183 | 1,318 | 1,646 | 1,776 | 2,049 | |
| Total Assets | 1,578 | 1,793 | 2,223 | 2,446 | 2,598 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 231 | 19 | 207 | 173 | 170 | |
| -38 | -51 | -157 | -89 | -82 | |
| -174 | 5 | -36 | -100 | -81 | |
| Net Cash Flow | 19 | -26 | 14 | -16 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 124 | 168 | 193 | 174 | 177 |
| Inventory Days | 69 | 58 | 69 | 79 | 87 |
| Days Payable | 150 | 149 | 197 | 103 | 144 |
| Cash Conversion Cycle | 43 | 78 | 65 | 150 | 120 |
| Working Capital Days | 26 | 32 | 1 | 68 | 68 |
| ROCE % | 16% | 2% | 12% | 22% |
Documents
Annual reports
No data available.
Business Overview:[1]
VSL is one of India’s largest pure-play solar
photovoltaic module manufacturers in terms
of operational capacity. The company also offers EPC & O&M services.