| COMPANY NAME | VIKRAM SOLAR LIMITED |
|---|---|
| NATURE OF BUSINESS | RENEWABLE ENERGY |
| ISIN NO | INE078V01014 |
| FACE VALUE | RS.10/- |
| PROMOTERS | SHRI H.K. CHAUDHARY |
| COMPANY WEBSITE | www.vikramsolar.com |
| YEAR OF ESTABLISHMENT | 2006 |
| REGISTERED ADDRESS | Vikram Solar Limited ‘The Chambers’, 8th Floor, 1865, Rajdanga Main Road, Kolkata, West Bengal – 700107. |
BOARD OF DIRECTORS
- ✔ MR. GYANESH CHAUDHARY (Managing Director )
- ✔ MR. VIKRAM SWARUP ( Independent Director)
- ✔ MR. PROBIR ROY ( Independent Director )
VIKRAM SOLAR LIMITED – Revolutionizing the Global Hospitality Industry
Vikram Solar Limited – Finding the path of a Solar Energy Pioneer
Filing into the latter category is Vikram Solar Limited, which Gyanesh Chaudhary established in 2006 and has since developed into one of the biggest makers of solar modules in India, not to mention an integrated solar energy solutions provider. PTC India Limited (CIN U40101DL2003GOI125299) is a Public Limited Company under the Companies Act of 1956 and was incorporated on 29 July 1999, with registered office at 1st Floor, 15 East of Kailash, New Delhi.
Industry Leadership & Capacity
About the Vikram Solar (VSL) ‘Vikram Solar’ (the “Company”) is one of the largest solar module manufacturers in India by annual manufacturing capacity (3.5 GW as of December 31, 2021) and, as such, well-positioned to benefit from India’s growing shift toward clean and sustainable energy sources. By revenue, it is also the 2nd largest solar power company in India.
Milestones & Achievements
- 2014: Bloomberg New Energy Finance lists Top Tier-1 module manufacturer in India
- 2015: Inaugurated India’s first floating solar power plant
- 2015: Helped execute the commissioning of the largest rooftop solar installation for an airport in India (in Kolkata)
- 2016: National Excellence Award for solar industry
- 2016: MoU signed with Indian Institute of Engineering Science and Technology (IIEST) for the R&D collaboration
- In October 2023, Virkam Solar modules were in the top percentile of modules evaluated by DNV GL.
- 2018: Global expansion with a sales office in Massachusetts, USA
- 2018: Formed a partnership with France’s CEA to promote innovation in solar technology
- 2020: #32 on Fortune India’s Next 500 list
Dedicated to Innovation & Sustainability
As an innovative, research-driven and sustainable company, Vikram Solar is a driving force in India’s renewable energy transformation. With its state of the art technology, global partnerships and world-class manufacturing, the company will continue to play a part in growing India’s clean energy capacity and further establishing the country’s leadership in the global solar market.
FINANCIAL ANALYSIS (ALL IN CR)
| PARTICULARS | 2022-23 | 2021-22 | 2020-21 |
|---|---|---|---|
| REVENUE | 2092 | 1743 | 1627 |
| TOTAL INCOME | 15 | -63 | 38 |
| EPS | -0.58 | -2.43 | 16.17 |
ANNUAL REPORTS
- ✔ FY 2021-22
- ✔ FY 2022-23