Vikram Solar is one of India's few leading companies in the renewable energy sphere and is widely regarded as one of India's leading solar panel producers. Since its inception in 2006, Vikram Solar has pioneered the field of solar energy solutions and is involved in producing high-quality solar modules for solar power solutions both in India and abroad. On account of the rising demand for renewable energy within India, Vikram Solar is most favorably poised to reap the benefits of increased market penetration of clean energy.
This exposition provides detailed information on Vikram Solar including the history of the company, its growth, its performance analysis, and its current market positioning. The present article also discusses the Unlisted Shares of Vikram Solar and gives readers insights into how they can tap into this investment opportunity.
Vikram Solar journey began in 2006, and since then, it has made commendable strides in the solar energy sector. Headquartered in Kolkata, India, it is today regarded as one of the prime solar manufacturers and developers in the country. Vikram Solar manufacturing unit designs solar modules of the highest quality that are in line with international norms.
With a stretch to innovation, quality, and sustainability, Vikram Solar has acquired a formidable reputation in solar energy. Its drive to rescue India's renewable energy revolution has led it to spread its wings overseas, including Europe, Africa, and the Middle East.
Vikram Solar is known for its efficient and performing solar modules, and it is among those few in India to be awarded the illustrious ISO 9001:2015 for quality management. Among its other distinctions is the recognition received for its diverse solar power systems rooftop solar solutions, large-scale solar power plants, and off-grid solar solutions.
Vikram Solar Unlisted Shares are rising and evolving as one of the preferred investment opportunities, especially for investors wanting to dip into this fast-developing renewable energy corporation, amongst other sectors. As Vikram Solar is not yet listed on the stock exchange, its unlisted shares thus become an opportunity for investors to buy into the company before Vikram makes an IPO, thereby benefitting from the growth of the company in this administration.
For investors targeting growth companies, before they get listed on the formal exchanges, such an investment option will always sound attractive. Vikram Solar is pioneering and one of the leading companies in India in renewable energy, evidenced by its highest rank in the solar market; as per various financial credentials, it has also performed wonderfully. Here are a few reasons why Vikram Solar Unlisted Shares make for an exciting investment prospect:
Vikram Solar's share price in the unlisted markets is likely to change due to several factors, including the company's financial performance, market sentiments, and developments relating to the renewable energy sector. Demand for clean energy is ever-increasing; hence, the Vikram Solar share price is bound to rise, especially with the approach of the company towards its public listing.
Investors eyeing Vikram Solar unlisted shares should be on the lookout for its movements, as the price might go up on one or more occasions, particularly with the IPO on the horizon.
Vikram Solar is a good investment opportunity given its steady financial performance, a leading position in the market, and robust growth potential in the emerging renewable energy sector. The fact that the country is moving towards clean energy will only help Vikram Solar to utilize the growth of the solar power sector to its utmost. It allows investing in Vikram Solar Unlisted Shares before the public listing; hence, investors could throw on some of the benefits that would arise from the development of the company.
If you are looking to invest in Vikram Solar unlisted shares, UnlistedSharesIndia.com is a trusted platform to ensure a secure and smooth process. Stay tuned.
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 (2021) | 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 |
Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
PBT | 56 | -79 | 19 | 107 |
OPBWC | 171 | 72 | 196 | 473 |
Change in Receivables | 0 | 0 | 0 | 0 |
Change in Inventories | 33 | -72 | -108 | -20 |
Change in Payables | 0 | 0 | 0 | 0 |
Other Changes | -197 | 210 | 109 | -290 |
Working Capital Change | -164 | 138 | 1 | -310 |
Cash Generated From Operations | 7 | 210 | 197 | 163 |
Tax | 6 | -9 | -2 | -11 |
Cash Flow From Operations | 13 | 201 | 195 | 152 |
Purchase of PPE | -57 | -141 | -131 | -71.5 |
Sale of PPE | 0 | 0 | 0 | 0.3 |
Cash Flow From Investment | -40 | -155 | -110 | -64 |
Borrowing | 103 | 37 | -8 | 20 |
Divided | 0 | 0 | 0 | 0 |
Equity | 15 | 0 | 0 | 0 |
Others From Financing | -114 | -73 | -94 | -101 |
Cash Flow from Financing | 4 | -36 | -102 | -81 |
Net Cash Generated | -23 | 10 | -17 | 7 |
Cash at the Start | 32 | 8.5 | 18.5 | 1.6 |
Cash at the End | 9 | 18.5 | 1.5 | 8.6 |
Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Vikram Capital Management Private Limited | 23.64% | 42.93% | 42.93% | 42.93% |
Monolink Trexim(P) Ltd. | 19.98% | - | - | - |
Urmila Chaudhary | 9.18% | - | - | - |
Hari Krishna Chaudhary Family Trust | - | 28.20% | 28.20% | 28.20% |
Hari Krishna Chaudhary | - | 5.31% | 5.31% | 5.31% |
Gyanesh Chaudhary | - | 5.02% | 5.02% | 5.02% |
Vikram Financial Services Limited | 5.60% | 6.34% | 6.34% | 5.83% |
Others | 41.60% | 12.20% | 12.20% | 12.71% |