Vikram Solar (NSE:VIKRAMSOLR) EPS without NRI: ₹9.66 (TTM As of Mar. 2026)


NSE:VIKRAMSOLR Vikram Solar Ltd NSE:VIKRAMSOLR
29 GF Score
Price ₹203.35
! 3 Warning Signs
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What is Vikram Solar EPS without NRI?

Vikram Solar NSE:VIKRAMSOLR +5.22% 29 EPS without NRI is ₹9.66 as of Mar. 2026. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 758 Semiconductors companies, Vikram Solar ranks better than 98.42% on this metric.

Vikram Solar's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₹3.03. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.66.

During the past 12 months, Vikram Solar's average earnings per share (NRI) Growth Rate was 254.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 214.50% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Vikram Solar's EPS without NRI or its related term are showing as below:

NSE:VIKRAMSOLR' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 214.5   Med: 214.5   Max: 214.5
Current: 214.5

During the past 5 years, Vikram Solar's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 214.50% per year. The lowest was 214.50% per year. And the median was 214.50% per year.

NSE:VIKRAMSOLR's 3-Year EPS without NRI Growth Rate is ranked better than
98.42% of 758 companies
in the Semiconductors industry
Industry Median: -4.2 vs NSE:VIKRAMSOLR: 214.50

Vikram Solar's EPS (Diluted) for the three months ended in Mar. 2026 was ₹3.03. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.55.

Vikram Solar's EPS (Basic) for the three months ended in Mar. 2026 was ₹3.05. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.59.


Vikram Solar  (NSE:VIKRAMSOLR) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Vikram Solar EPS without NRI Related Terms


Vikram Solar EPS without NRI Historical Data

* Premium members only.

The historical data trend for Vikram Solar's EPS without NRI 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 EPS without NRI Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
-1.71 0.44 2.44 3.87 13.72

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only 0.53 2.51 3.82 2.81 3.03

NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: EPS without NRI Comparison

For the Solar subindustry, Vikram Solar's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vikram Solar's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Vikram Solar's PE Ratio without NRI falls into.


NSE:VIKRAMSOLR
29GF Score
Vikram Solar Ltd NSE:VIKRAMSOLR
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikram Solar EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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 ₹9.66

* 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 EPS without NRI →
What does a EPS without NRI of ₹9.66 mean?
Vikram Solar (NSE:VIKRAMSOLR) has a EPS without NRI of ₹9.66 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Vikram Solar and its competitors. According to the industry distribution chart, Vikram Solar ranks #12 out of 758 companies in the Semiconductors industry, placing it in the top 1.6%.
Is Vikram Solar's EPS without NRI too high?
Vikram Solar's current EPS without NRI is ₹9.66. Based on the distribution chart, Vikram Solar ranks #12 out of 758 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 29/100, reflecting its overall financial health beyond just this single metric.
How does Vikram Solar's EPS without NRI compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Vikram Solar ranks #12 out of 758 companies for EPS without NRI. This places Vikram Solar in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Semiconductors company?
A good EPS without NRI depends on the Semiconductors industry context. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Vikram Solar and its competitors. Vikram Solar's current EPS without NRI is ₹9.66. 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 EPS without NRI of ₹9.66. The current EPS without NRI is ₹9.66. Vikram Solar's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Vikram Solar (NSE:VIKRAMSOLR), the current EPS without NRI is ₹9.66 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.
29GF Score

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EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹203.35
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