Vikram Solar (NSE:VIKRAMSOLR) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:VIKRAMSOLR Vikram Solar Ltd NSE:VIKRAMSOLR
17 GF Score
Price ₹160.61
! 2 Warning Signs
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What is Vikram Solar Debt-to-Equity?

Vikram Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Vikram Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Vikram Solar's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vikram Solar's Debt-to-Equity or its related term are showing as below:

NSE:VIKRAMSOLR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 1.07   Max: 2.17
Current: 0.2

During the past 5 years, the highest Debt-to-Equity Ratio of Vikram Solar was 2.17. The lowest was 0.09. And the median was 1.07.

NSE:VIKRAMSOLR's Debt-to-Equity is ranked better than
55.05% of 910 companies
in the Semiconductors industry
Industry Median: 0.255 vs NSE:VIKRAMSOLR: 0.20

Vikram Solar  (NSE:VIKRAMSOLR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vikram Solar Debt-to-Equity Related Terms

Vikram Solar Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vikram Solar's Debt-to-Equity 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 Debt-to-Equity Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
2.13 2.17 1.92 0.22 0.20

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A 0.09 N/A 0.20 N/A

NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: Debt-to-Equity Comparison

For the Solar subindustry, Vikram Solar's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vikram Solar Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vikram Solar's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vikram Solar's Debt-to-Equity falls into.


NSE:VIKRAMSOLR
17GF Score
Vikram Solar Ltd NSE:VIKRAMSOLR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikram Solar Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vikram Solar's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1939.57 + 4511.74) / 31677.6
=0.20

Vikram Solar's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* 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 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.
17GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹160.61
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