Vikram Solar (NSE:VIKRAMSOLR) Construction In Progress: ₹4,181 Mil (As of Mar. 2026)


NSE:VIKRAMSOLR Vikram Solar Ltd NSE:VIKRAMSOLR
18 GF Score
Price ₹188.87
! 3 Warning Signs
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What is Vikram Solar Construction In Progress?

Vikram Solar NSE:VIKRAMSOLR -1.61% 18 Construction In Progress is ₹4,181 Mil as of Mar. 2026. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Vikram Solar's quarterly construction in progress declined from Sep. 2025 (₹1,693 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹4,181 Mil).

Vikram Solar's annual construction in progress increased from Mar. 2024 (₹452 Mil) to Mar. 2025 (₹647 Mil) and increased from Mar. 2025 (₹647 Mil) to Mar. 2026 (₹4,181 Mil).

Vikram Solar Construction In Progress Historical Data

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The historical data trend for Vikram Solar's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vikram Solar Construction In Progress Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
96.99 227.72 451.65 646.53 4,180.83

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only 0.00 646.53 1,693.05 0.00 4,180.83
NSE:VIKRAMSOLR
18GF Score
Vikram Solar Ltd NSE:VIKRAMSOLR
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikram Solar Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₹4,181 Mil mean?
Vikram Solar (NSE:VIKRAMSOLR) has a Construction In Progress of ₹4,181 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Vikram Solar and its competitors.
Is Vikram Solar's Construction In Progress too high?
Vikram Solar's current Construction In Progress is ₹4,181 Mil. Overall, Vikram Solar has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Vikram Solar's Construction In Progress compare to FSLR and NXT?
Vikram Solar's Construction In Progress of ₹4,181 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Semiconductors company?
A good Construction In Progress depends on the Semiconductors industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Vikram Solar and its competitors. Vikram Solar's current Construction In Progress is ₹4,181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikram Solar stock overvalued right now?
Vikram Solar (NSE:VIKRAMSOLR) has a current Construction In Progress of ₹4,181 Mil. The current Construction In Progress is ₹4,181 Mil. Vikram Solar's overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Vikram Solar (NSE:VIKRAMSOLR), the current Construction In Progress is ₹4,181 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vikram Solar Business Description

Other Exchanges 544488:India
Address Rajdanga Main Road, The Chambers, 8th Floor, 1865, E.K.T, Kolkata, WB, IND, 700107
Vikram Solar Ltd is one of the India's solar photo-voltaic (PV) modules manufacturers. It is currently undertaking greenfield and brownfield expansion plans, which are expected to increase its installed solar PV module manufacturing capacity to up to 15.50 GW and up to 20.50 GW. Its portfolio of solar energy products consists of the following high-efficiency solar PV modules: (i) p-type monocrystalline silicon based Passivated Emitter and Rear Contact (PERC) modules; (ii) N-Type monocrystalline silicon (N-Type) modules; and (iii) n-type monocrystalline silicon based heterojunction technology (HJT) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules.
18GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹188.87
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