Vikram Solar Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

Powerhive?s long-term roadmap outlines a planned 30 GWh of battery cell, module/pack, and BESS manufacturing capacity to be developed in a phased manner. As part of Phase 1, VSL Powerhive will commission a 5 GWh BESS manufacturing facility at Oragadam, Tamil Nadu by FY27.

Further, the company is also advancing backward integration into battery cell manufacturing, with plans to set up a 7.5 GWh cell manufacturing facility that is expected to be fully operational by FY29, subject to receipt of applicable statutory and regulatory approvals. A core component of this venture will be a dedicated R&D lab, tasked with developing future-ready battery products and innovative solutions to maintain market leadership.

The proposed capital expenditure shall be funded through a combination of debt and equity.

Vikram Solar is one of the leading Indian solar module manufacturers, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 39 countries. The company is one of the largest PV module manufacturers in India with cumulative production capacity of 4.5 GW.

The company's consolidated net profit surged to Rs 128.49 crore in the quarter ended September 2025 as against Rs 7.36 crore during the previous quarter ended September 2024. Sales jumped 93.72% to Rs 1,109.91 crore in Q2 FY26 over Q2 FY25.

The scrip rose 0.06% to Rs 235.55 on the BSE.

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Vikram Solar will hold a meeting of the Board of Directors of the Company on 16 December 2025.

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Vikram Solar announced the commissioning of its state-of-the-art Vallam manufacturing facility in Tamil Nadu, adding 5 GW of advanced module production capacity. With this next-gen expansion, the company now commands a total manufacturing capacity of 9.5 GW.

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Vikram Solar unveiled its latest product, Hypersol Pro, at the Renewable Energy India (REI) Expo 2025. The new N-Type module has been meticulously engineered to deliver exceptional efficiency, reliability, and longevity for next-generation solar installations.

Building on the success of the Hypersol series, Hypersol Pro ensures zero reverse power loss, enabling unidirectional current flow that minimizes energy waste and maximizes total power generation even under voltage mismatch scenarios. It is ideal for rooftops, commercial and industrial installations with battery systems, as well as utility-scale projects with closely spaced strings.

Hypersol Pro is available in two variants, G12R and M10R, delivering up to 23.69% and 23.61% efficiency, with power outputs of 640 Wp and 610 Wp, respectively. Unlike conventional modules, its advanced design ensures unidirectional current flow, effectively eliminating reverse current and minimizing energy waste to maximize total power generation. The module also seamlessly integrates into rooftop, ground-mount, floating, or hybrid configurations, offering consistent protection and stable output across all system types. The innovative new design set new standards for hotspot-resistant performance, preventing reverse current between parallel module strings to protect cells and extend module life, enabling sustained, high-efficiency performance throughout its operational lifetime.

Designed to optimize every watt generated, the product minimizes internal energy losses for consistent power output, delivering higher energy yield and faster return on investment. It is smart, energy-ready and compatible with hybrid, bi-directional, as well as smart grid connected configurations. It also offers universal compatibility across rooftop, ground mounted, floating, and hybrid applications.

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