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Vikram Solar Limited - Company Profile

Associated Brands: Vikram Solar, The Heritage Academy
Last updated:

About Vikram Solar Limited

Vikram Solar Limited is a Public Limited Company and was incorporated on Dec 02, 2005 in India. It is registered at Registrar of Companies, ROC Kolkata. Its registered address is BIOWONDER, Unit No. 1102, 11TH FLOOR, 789, ANANDAPUR MAIN ROAD, EASTERN METROPOLITAN BYPASS, E.K.T, Kolkata, Kolkata, West Bengal, India, 700107. Its corporate identification number is (CIN) L18100WB2005PLC106448 and its current status is Active. It has 23 GST numbers registered across 19 states. These include 37AABCI5168D1ZN in Andhra Pradesh (active) and 18AABCI5168D1ZN in Assam (active). As of Mar, 2026, 19 of these GST numbers are active and 4 are inactive. Its industry classification as per MCA is manufacture Of Wearing Apparel, Except Fur Apparel [This Class Includes Manufacture Of Wearing Apparel Made Of Material Not Made In The Same Unit. Both Regular And Contract Activities Are Included]. It had a team size of 1853 employees as on Aug 31, 2025.

Vikram Solar Limited's last Annual General Meeting (AGM) was held on Sep 20, 2024 as per records from Ministry of Corporate Affairs (MCA). Vikram Solar Limited's authorised share capital is Rs. 4,000,000,000 and its paid up capital is Rs. 3,623,301,810. The current board of directors of Vikram Solar Limited comprises Gyanesh Chaudhary, Krishna Kumar Maskara and 4 more.

Vikram Solar Limited generated a revenue of Rs. 3,460Cr for the financial year ending on Mar 31, 2025.

Key Metrics
CIN
L18100WB2005PLC106448
Location
India
Current Status
Active
Entity Type
Public Limited Company
Date Of Incorporation
Dec 02, 2005
Company Age
20 Years 3 Months
Registrar of Companies
ROC - Kolkata
Last AGM Date
Sep 20, 2024
Latest Revenue
3,460Cr INR as on Mar 31, 2025
Latest Employee Count
1,853 as on Aug 31, 2025
Authorized Capital
400Cr INR
Paid Up Capital
362Cr INR

Contact Details for Vikram Solar Limited

Email
*****@vikramsolar.com
Registered Address
BIOWONDER, Unit No. 1102, 11TH FLOOR, 789, ANANDAPUR MAIN ROAD, EASTERN METROPOLITAN BYPASS, E.K.T, Kolkata, Kolkata, West Bengal, India, 700107

Brands associated with Vikram Solar Limited

There are 2 brands associated with Vikram Solar Limited which includes Vikram Solar and The Heritage Academy .
Name
Short Description
Founded Year
Location
Current Stage
Manufacturer of solar photovoltaic modules and renewable energy solutions
2005
Public
Educational institution offering full-time undergraduate and postgraduate courses
2007
Unfunded
View more details on Vikram Solar Limited's profile

Principal Business Activity of Vikram Solar Limited

The majority of Vikram Solar Limited's turnover comes from Manufacturing.
Main Activity Group Code
Description of Main Activity
Business Activity Code
Description of Business Activity
Turnover Percentage
C
Manufacturing
C10
Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
boc
M
Professional, Scientific and Technical
M4
Architecture, engineering activities, technical testing and analysis activities
sor

Auditor Details of Vikram Solar Limited

Here is the list of auditors of Vikram Solar Limited:
Name
Status
Appointment Date
Cessation Date
KEDIA SINGHANIA AND CO.
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urpzqjx
udxmvup

Financials of Vikram Solar LimitedFY 25 Available

Vikram Solar Limited generated a revenue of ₹3,460Cr for the financial year ending on Mar 31, 2025. The revenue of Vikram Solar Limited has a compounded annual growth rate (CAGR) of 37% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
5417
8338
4432
8665
3730
EBITDA
2393
5522
8498
3229
4121
Balance Sheet
Assets
8202
1567
7096
1327
7404
Liabilities
7706
8025
9165
2414
8359
Equities
9722
2578
5155
4459
1271
Cashflow Statement
Cash from Operating activities
9393
2104
8502
4870
1698
Cash from Investing activities
8276
3161
2639
5663
6474
Net cash from Financing activities
8977
9873
4556
6311
7029
To access detailed financial performance and data, Buy Financial Report FY 25 Available

Ratios

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Profitability Ratios
EBITDA Margin
2913
2425
9143
5834
7001
Efficiency Ratios
Asset Turnover
1174
3048
7287
7741
3704
Liquidity Ratios
Current Ratio
1407
4565
7655
8434
2401
Quick Ratio
6430
5990
6004
8758
5699
Growth Ratios
Revenue Growth Rate (CAGR)
1970
5898
2251
4545
5041
To access detailed financial performance and data, Buy Financial Report FY 25 Available

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Audited Financial Statement (AOC-4), Shareholding Pattern

Compounded Annual Growth Rate of Vikram Solar Limited

Revenue CAGR
Growth
1 Year
37%
3 Year
989
5 Year
293
EBITDA CAGR
Growth
1 Year
32%
3 Year
920
5 Year
673
Profit CAGR
Growth
1 Year
450%
3 Year
432
5 Year
453
Disclaimer

MSME Payment Delays by Vikram Solar Limited

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& credit risk through
MSME payment delays
2999349(excl. taxes)
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What documents will you get?
  • Payment Delays to MSME
  • Detailed Financials, Shareholding Pattern
  • Legal Cases, Loans & Charges, Related Party Transactions
  • GST Details, GST Payment History
  • Patents, Trademarks
  • Credit Ratings

Credit Ratings of Vikram Solar Limited

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credit rating information
2999349(excl. taxes)
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  • Credit rating history across instruments & agencies
  • Detailed Financials, Shareholding Pattern
  • Legal Cases, Loans & Charges, Related Party Transactions
  • Payment Delays to MSME
  • GST Details, GST Payment History
  • Patents, Trademarks

GSTIN Details of Vikram Solar Limited

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GST registrations & filings
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  • GST Details, GST Payment History
  • Detailed Financials, Shareholding Pattern
  • Legal Cases, Loans & Charges, Related Party Transactions
  • Payment Delays to MSME
  • Patents, Trademarks
  • Credit Ratings

Latest cap tables and shareholding of Vikram Solar Limited

Founders own 3.98%, Funds own 2.25%, Enterprises (largest shareholder) own 49.36% and Other People own 30.45%. The net worth of Vikram Solar Limited's founders is INR 160Cr as of Jun 25, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
3.98%
160Cr
641
216
241
435
302
239
475
962
575
205
Fund
2.25%
90.9Cr
40
75
94
66
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
49.36%
1,980Cr
3157658
4558819
3907918
1833821
Other People
30.45%
1,220Cr
4926282
7434547
4616230
5936365
ESOP Pool
3.94%
159Cr
947
411
877
927
Other Investors
9.99%
402Cr
4654492
9333516
5410520
5351508
Total
99.97%
4,020Cr
2816123
5466555
7556322
2724733
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Board of Directors and Signatories of Vikram Solar Limited

Board of Directors of Vikram Solar Limited

Here is the list of current board of directors of Vikram Solar Limited:
Name
Designation
Status
Appointment Date
Duration
Managing Director
Current
Jul 14, 2008
17 Years 8 Months
Whole-time Director
Current
Jan 01, 2009
17 Years 2 Months
Whole-time Director
Current
Mar 22, 2021
4 Years 11 Months
Director
Current
Dec 12, 2021
4 Years 3 Months
Director
Current
Feb 15, 2023
3 Years 1 Month
Additional Director
Current
Sep 27, 2024
1 Year 5 Months
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Employee Count of Vikram Solar Limited

Vikram Solar Limited has an employee count of 1853 as on Aug 31, 2025.
Employee count trend for Vikram Solar Limited
Date
Employee Count
May 25
1853
Apr 25
630
Mar 25
276
Feb 25
309
Jan 25
366
Dec 24
210
Nov 24
471

Trademarks of Vikram Solar Limited

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2999349(excl. taxes)
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Patents of Vikram Solar Limited

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  • Patents across geographies with status & grant dates
  • Detailed Financials, Shareholding Pattern
  • Legal Cases, Loans & Charges, Related Party Transactions
  • Payment Delays to MSME
  • GST Details, GST Payment History
  • Credit Ratings, Trademarks

FAQs about Vikram Solar Limited

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