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Smartkarma

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Leading Indian Solar PV Module Manufacturer with Ambitious Expansion Plans: <a href="https://smartkarma.com/entities/vikram-solar">Vikram Solar</a> is one of India's largest solar photovoltaic (PV) module manufacturers with a current manufacturing capacity of 9.5 GW. The company has a strong track record and is embarking on a significant expansion to reach 20.5 GW of module manufacturing capacity by FY27, along with backward integration into solar cells (12 GW) and entry into the Battery Energy Storage Systems (BESS) market with a target of 15 GWh by FY30.</li>
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Integrated Business Model and Diversifying Revenue Streams: The company operates an integrated business model encompassing PV module manufacturing, Engineering, Procurement, and Construction (EPC) services, and Operations &amp; Maintenance (O&amp;M) services. This provides diversified revenue streams. The strategic entry into BESS manufacturing is expected to further enhance revenue and margin mix in the coming years.</li>
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Strong Financial Performance and Improving Profitability: <a href="https://smartkarma.com/entities/vikram-solar">Vikram Solar</a> has demonstrated a significant financial turnaround, with a 40% increase in annual revenue to ₹4,802 crore and a 236% rise in Profit After Tax (PAT) to ₹470 crore for FY26. The company has a strong order book of 8.2 GW as of March 31, 2026, providing good revenue visibility.</li>
</ul>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.


  
Leading Indian Solar PV Module Manufacturer with Ambitious Expansion Plans: Vikram Solar is one of India's largest solar photovoltaic (PV) module manufacturers with a current manufacturing capacity of 9.5 GW. The company has a strong track record and is embarking on a significant expansion to reach 20.5 GW of module manufacturing capacity by FY27, along with backward integration into solar cells (12 GW) and entry into the Battery Energy Storage Systems (BESS) market with a target of 15 GWh by FY30.
  
Integrated Business Model and Diversifying Revenue Streams: The company operates an integrated business model encompassing PV module manufacturing, Engineering, Procurement, and Construction (EPC) services, and Operations &amp; Maintenance (O&amp;M) services. This provides diversified revenue streams. The strategic entry into BESS manufacturing is expected to further enhance revenue and margin mix in the coming years.
  
Strong Financial Performance and Improving Profitability: Vikram Solar has demonstrated a significant financial turnaround, with a 40% increase in annual revenue to ₹4,802 crore and a 236% rise in Profit After Tax (PAT) to ₹470 crore for FY26. The company has a strong order book of 8.2 GW as of March 31, 2026, providing good revenue visibility.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Vikram Solar (0490158D IN) - May 2026

India

Vikram Solar Private Limited provides solar energy solutions. The Company provides PV module manufacturing and EPC solutions, as well as offers installation and designing services for solar projects. Vikram Solar serves customers worldwide.

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Primer: Vikram Solar (0490158D IN) - May 2026

Leading Indian Solar PV Module Manufacturer with Ambitious Expansion Plans: Vikram Solar is one of India's largest solar photovoltaic (PV)...

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