Vikram Solar (NSE:VIKRAMSOLR) EV-to-EBIT: 11.63 (As of Aug. 07, 2026) — Near Median

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NSE:VIKRAMSOLR Vikram Solar Ltd NSE:VIKRAMSOLR
17 GF Score
Price ₹173.96
! 2 Warning Signs
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What is Vikram Solar EV-to-EBIT?

Vikram Solar NSE:VIKRAMSOLR -3.68% 17 EV-to-EBIT is 11.63 as of Aug. 07, 2026, which is 2% above its 10-year median of 11.45. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 686 Semiconductors companies, Vikram Solar ranks better than 81.92% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vikram Solar's Enterprise Value is ₹69,129 Mil. Vikram Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,946 Mil. Therefore, Vikram Solar's EV-to-EBIT for today is 11.63.

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

NSE:VIKRAMSOLR' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.28   Med: 11.45   Max: 45.1
Current: 11.61

During the past 5 years, the highest EV-to-EBIT of Vikram Solar was 45.10. The lowest was 9.28. And the median was 11.45.

NSE:VIKRAMSOLR's EV-to-EBIT is ranked better than
81.92% of 686 companies
in the Semiconductors industry
Industry Median: 31.645 vs NSE:VIKRAMSOLR: 11.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Vikram Solar's Enterprise Value for the quarter that ended in Mar. 2026 was ₹70,469 Mil. Vikram Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,946 Mil. Vikram Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.44%.


Vikram Solar  (NSE:VIKRAMSOLR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Vikram Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=5946.37/70468.7511
=8.44 %

Vikram Solar's Enterprise Value for the quarter that ended in Mar. 2026 was ₹70,469 Mil.
Vikram Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,946 Mil.

* 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 EV-to-EBIT Related Terms


Vikram Solar EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Vikram Solar's EV-to-EBIT 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 EV-to-EBIT Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 0.00 0.00 0.00 9.17

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only 0.00 0.00 21.00 14.66 9.17

NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: EV-to-EBIT Comparison

For the Solar subindustry, Vikram Solar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Semiconductors Industry

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

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


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

Vikram Solar's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69128.748/5946.37
=11.63

Vikram Solar's current Enterprise Value is ₹69,129 Mil.
Vikram Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,946 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 11.63 mean?
Vikram Solar (NSE:VIKRAMSOLR) has a EV-to-EBIT of 11.63 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vikram Solar and its competitors. This is near median its historical median of 11.45. Over the past decade, Vikram Solar's EV-to-EBIT has ranged from 9.28 to 45.10. According to the industry distribution chart, Vikram Solar ranks #124 out of 686 companies in the Semiconductors industry, placing it in the top 18.1%.
Is Vikram Solar's EV-to-EBIT too high?
Vikram Solar's current EV-to-EBIT of 11.63 is near median its 10-year median of 11.45. Over the past 10 years, this metric has ranged from a low of 9.28 to a high of 45.10. The Semiconductors industry median EV-to-EBIT is 31.65. Vikram Solar's value of 11.63 is 63.2% below this industry median. Based on the distribution chart, Vikram Solar ranks #124 out of 686 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Vikram Solar has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Vikram Solar's EV-to-EBIT compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Vikram Solar ranks #124 out of 686 companies for EV-to-EBIT. This places Vikram Solar in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 31.65. Vikram Solar's value of 11.63 is 63.2% below this benchmark. Historically, Vikram Solar's own EV-to-EBIT has ranged from 9.28 to 45.10 over the past decade. While the company's 10-year median is 11.45 vs. the industry median of 31.65, Vikram Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 31.65, based on 686 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vikram Solar's current EV-to-EBIT of 11.63 is 63.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vikram Solar and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 31.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikram Solar's current EV-to-EBIT is 11.63, which is near median its own 10-year median of 11.45. 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 EV-to-EBIT of 11.63. The current EV-to-EBIT is 11.63, which is near median its 10-year median of 11.45 and 63.2% below the Semiconductors industry median of 31.65. Vikram Solar's overall GF Score™ is 17/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Vikram Solar (NSE:VIKRAMSOLR), the current EV-to-EBIT is 11.63 as of Aug. 07, 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.
17GF Score

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