Vikram Solar (NSE:VIKRAMSOLR) Enterprise Value: ₹61,577 Mil (As of Jul. 05, 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 Enterprise Value?

Vikram Solar NSE:VIKRAMSOLR -1.61% 18 Enterprise Value is ₹61,577 Mil as of Jul. 05, 2026. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vikram Solar's Enterprise Value is ₹61,577 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 ratio for today is 10.36.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vikram Solar's Enterprise Value is ₹61,577 Mil. Vikram Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,231 Mil. Therefore, Vikram Solar's EV-to-EBITDA ratio for today is 8.52.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vikram Solar's Enterprise Value is ₹61,577 Mil. Vikram Solar's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹36,687 Mil. Therefore, Vikram Solar's EV-to-Revenue ratio for today is 1.68.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Vikram Solar's Enterprise Value is ₹61,577 Mil. Vikram Solar's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Vikram Solar's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vikram Solar's Enterprise Value is ₹61,577 Mil. Vikram Solar's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Vikram Solar's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Vikram Solar  (NSE:VIKRAMSOLR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Vikram Solar's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=61577.402/5946.37
=10.36

Vikram Solar's current Enterprise Value is ₹61,577 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Vikram Solar's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=61577.402/7231.43
=8.52

Vikram Solar's current Enterprise Value is ₹61,577 Mil.
Vikram Solar's EBITDA 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 ₹7,231 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Vikram Solar's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=61577.402/36686.74
=1.68

Vikram Solar's current Enterprise Value is ₹61,577 Mil.
Vikram Solar's Revenue 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 ₹36,687 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Vikram Solar's EV-to-OCF for today is:


Vikram Solar's current Enterprise Value is ₹61,577 Mil.
Vikram Solar's Cash Flow from Operations 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 ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Vikram Solar's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=61577.402/0
=

Vikram Solar's current Enterprise Value is ₹61,577 Mil.
Vikram Solar's Free Cash Flow 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 ₹0 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 Enterprise Value Related Terms


Vikram Solar Enterprise Value Historical Data

* Premium members only.

The historical data trend for Vikram Solar's Enterprise Value 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 Enterprise Value Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
0.00 0.00 0.00 0.00 57,514.70

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only 0.00 0.00 97,132.05 86,234.54 57,514.70

NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Vikram Solar's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vikram Solar's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vikram Solar's Enterprise Value falls into.


NSE:VIKRAMSOLR
18GF Score
Vikram Solar Ltd NSE:VIKRAMSOLR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikram Solar Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Vikram Solar's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Vikram Solar's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹61,577 Mil mean?
Vikram Solar (NSE:VIKRAMSOLR) has a Enterprise Value of ₹61,577 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vikram Solar and its competitors.
Is Vikram Solar's Enterprise Value too high?
Vikram Solar's current Enterprise Value is ₹61,577 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 Enterprise Value compare to FSLR and NXT?
Vikram Solar's Enterprise Value of ₹61,577 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 Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vikram Solar and its competitors. Vikram Solar's current Enterprise Value is ₹61,577 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 Enterprise Value of ₹61,577 Mil. The current Enterprise Value is ₹61,577 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Vikram Solar (NSE:VIKRAMSOLR), the current Enterprise Value is ₹61,577 Mil as of Jul. 05, 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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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹188.87
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