VIKRAM SOLAR LIMITED
Vikram Solar Limited manufactures and sells solar photovoltaic modules/systems in India and internationally. It also offers engineering, procurements, and construction solutions, such as risk analysis, site survey, design and engineering, procurement, civil construction, erection and commissioning, project management and control, and quality assurance. In addition, it provides solar operations an… Read more
VIKRAM SOLAR LIMITED (VIKRAMSOLR) - Total Assets
Latest total assets as of September 2025: ₹48.09 Billion INR
Based on the latest financial reports, VIKRAM SOLAR LIMITED (VIKRAMSOLR) holds total assets worth ₹48.09 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
VIKRAM SOLAR LIMITED - Total Assets Trend (2022–2025)
This chart illustrates how VIKRAM SOLAR LIMITED’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VIKRAM SOLAR LIMITED - Asset Composition Analysis
Current Asset Composition (March 2025)
VIKRAM SOLAR LIMITED's total assets of ₹48.09 Billion consist of 76.3% current assets and 23.7% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 1.4% |
| Accounts Receivable | ₹14.80 Billion | 52.3% |
| Inventory | ₹4.29 Billion | 15.1% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹97.99 Million | 0.4% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how VIKRAM SOLAR LIMITED's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VIKRAM SOLAR LIMITED's current assets represent 76.3% of total assets in 2025, an increase from 72.4% in 2022.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2025, up from 0.8% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 52.3% of total assets.
VIKRAM SOLAR LIMITED Competitors by Total Assets
Key competitors of VIKRAM SOLAR LIMITED based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
VIKRAM SOLAR LIMITED - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - VIKRAM SOLAR LIMITED generates 1.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, VIKRAM SOLAR LIMITED generates $ 4.94 in net profit.
VIKRAM SOLAR LIMITED - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.42 | 1.55 | - |
| Quick Ratio | 2.11 | 1.24 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | ₹22.76 Billion | ₹ 7.63 Billion | - |
VIKRAM SOLAR LIMITED - Advanced Valuation Insights
This section examines the relationship between VIKRAM SOLAR LIMITED's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.27 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | ₹28.32 Billion |
| Market Capitalization | $233.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values VIKRAM SOLAR LIMITED's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: VIKRAM SOLAR LIMITED's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for VIKRAM SOLAR LIMITED (2022–2025)
The table below shows the annual total assets of VIKRAM SOLAR LIMITED from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹28.32 Billion | +9.54% |
| 2024-03-31 | ₹25.85 Billion | +4.41% |
| 2023-03-31 | ₹24.76 Billion | +10.69% |
| 2022-03-31 | ₹22.37 Billion | -- |