Vikram SolarNSE:VIKRAMSOLR -1.61%18 Gross Margin % is 27.79% as of Mar. 2026, which is 9% above its 10-year median of 25.38. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,009 Semiconductors companies, Vikram Solar ranks better than 51.34% on this metric.
The historical rank and industry rank for Vikram Solar's Gross Margin % or its related term are showing as below:
NSE:VIKRAMSOLR'
s Gross Margin % Range Over the Past 10 Years
Min: 19.01 Med: 25.38 Max: 32.24
Current: 30.32
During the past 5 years, the highestGross Margin % of Vikram Solar was 32.24%. The lowest was 19.01%. And the median was 25.38%.
NSE:VIKRAMSOLR's Gross Margin % is ranked better than 51.34% of 1009
companies
in the Semiconductors industry
Industry Median: 29.61
vs NSE:VIKRAMSOLR: 30.32
Vikram Solar had a gross margin of 27.79% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Vikram Solar was 0.00% per year.
Vikram Solar (NSE:VIKRAMSOLR) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Vikram Solar had a gross margin of 27.79% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Vikram Solar Gross Margin % Related Terms
Vikram Solar Gross Margin % Historical Data
* Premium members only.
The historical data trend for Vikram Solar's Gross Margin % 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.
NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: Gross Margin % Comparison
For the Solar subindustry, Vikram Solar's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Vikram Solar's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Vikram Solar's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Vikram Solar (NSE:VIKRAMSOLR) has a Gross Margin % of 27.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vikram Solar and its competitors. This is near median its historical median of 25.38. Over the past decade, Vikram Solar's Gross Margin % has ranged from 19.01 to 32.24. According to the industry distribution chart, Vikram Solar ranks #491 out of 1009 companies in the Semiconductors industry, placing it in the top 48.7%.
Is Vikram Solar's Gross Margin % too high?
Vikram Solar's current Gross Margin % of 27.79% is near median its 10-year median of 25.38. Over the past 10 years, this metric has ranged from a low of 19.01 to a high of 32.24. The Semiconductors industry median Gross Margin % is 29.61. Vikram Solar's value of 27.79% is 6.1% below this industry median. Based on the distribution chart, Vikram Solar ranks #491 out of 1009 companies in the Semiconductors industry, which is above the industry midpoint. 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 Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Vikram Solar ranks #491 out of 1009 companies for Gross Margin %. This puts Vikram Solar in the upper half of its industry. The industry median Gross Margin % is 29.61. Vikram Solar's value of 27.79% is 6.1% below this benchmark. Historically, Vikram Solar's own Gross Margin % has ranged from 19.01 to 32.24 over the past decade. While the company's 10-year median is 25.38 vs. the industry median of 29.61, 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 Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vikram Solar's current Gross Margin % of 27.79% is 6.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Vikram Solar and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikram Solar's current Gross Margin % is 27.79%, which is near median its own 10-year median of 25.38. 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 Gross Margin % of 27.79%. The current Gross Margin % is 27.79%, which is near median its 10-year median of 25.38 and 6.1% below the Semiconductors industry median of 29.61. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Vikram Solar (NSE:VIKRAMSOLR), the current Gross Margin % is 27.79% 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 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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