Vikram Solar (BOM:544488) ROCE %: 7.96% (As of Jun. 2026)

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BOM:544488 Vikram Solar Ltd BOM:544488
20 GF Score
Price ₹183.35
! 2 Warning Signs
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What is Vikram Solar ROCE %?

Vikram Solar BOM:544488 +14.49% 20 ROCE % is 7.96% as of Jun. 2026. GuruFocus rates BOM:544488 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Vikram Solar's annualized ROCE % for the quarter that ended in Jun. 2026 was 7.96%.

Vikram Solar  (BOM:544488) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Vikram Solar ROCE % Related Terms

Vikram Solar ROCE % Historical Data

* Premium members only.

The historical data trend for Vikram Solar's ROCE % 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 ROCE % Chart

Vikram Solar Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
0.47 12.19 19.89 25.93 29.65

Vikram Solar Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 59.35 26.94 22.82 20.86 7.96
BOM:544488
20GF Score
Vikram Solar Ltd BOM:544488
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikram Solar ROCE % Calculation

Vikram Solar's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=7686.7/( ( (28321.51 - 13974.27) + (57284.79 - 19775.45) )/ 2 )
=7686.7/( (14347.24+37509.34)/ 2 )
=7686.7/25928.29
=29.65 %

Vikram Solar's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=2984.8/( ( (57284.79 - 19775.45) + (0 - 0) )/ 1 )
=2984.8/( ( 37509.34 + 0 )/ 1 )
=2984.8/37509.34
=7.96 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 7.96% mean?
Vikram Solar (BOM:544488) has a ROCE % of 7.96% as of Jun. 2026.
Is Vikram Solar's ROCE % too high?
Vikram Solar's current ROCE % is 7.96%. The Semiconductors industry median ROCE % is 5.16. Vikram Solar's value of 7.96% is 54.3% above this industry median. Overall, Vikram Solar has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Vikram Solar's ROCE % compare to FSLR and NXT?
Vikram Solar's ROCE % of 7.96% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 5.16. Vikram Solar's value of 7.96% is 54.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 5.16, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vikram Solar's current ROCE % of 7.96% is 54.3% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikram Solar's current ROCE % is 7.96%. 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 (BOM:544488) has a current ROCE % of 7.96%. The current ROCE % is 7.96% and 54.3% above the Semiconductors industry median of 5.16. Vikram Solar's overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Vikram Solar (BOM:544488), the current ROCE % is 7.96% as of Jun. 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 VIKRAMSOLR: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.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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