AI Summary
✦ ClarthaValuation Metrics
Trading 25.2% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.33). Confidence: 76%.
Live forward EPS implies next-12-month EPS of ₹22.33. Applying the stock's normalized valuation corridor produces a fair range of ₹316.19 to ₹451.29, with base value near ₹352.81 (+119.7% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹22.33
Forward P/E
7.2x
Base Fair Value
₹352.81
Fair Range
₹316.19 - ₹451.29
Upside To Base
+119.7%
Estimate Source
Live forward EPS
Growth Estimate
-87.1%
5Y Average
16.15
Current
11.82
Overvalued
20.21
Undervalued
14.16
5Y Average
1.52
Current
1.11
Overvalued
1.75
Undervalued
1.29
5Y Average
11.18
Current
8.18
Overvalued
12.42
Undervalued
9.05
Peers & Comparison
Sector: Industrials · Theme: Renewable Energy Equipment & Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
SAATVIK GREEN ENERGY LTD SAATVIKGLRenewable Energy Equipment & Services | +74.9% | 7.9% | 14.3x Undervalued | -69% vs avg | -4.9% |
EMMVEE PHOTOVOLTAIC PWR L EMMVEERenewable Energy Equipment & Services | +51.3% | 22.8% | 17.3x Undervalued | -63% vs avg | +47.6% |
AZAD ENGINEERING LIMITED AZADRenewable Energy Equipment & Services | +28.5% | 21.9% | 115.4x Premium | +149% vs avg | +73.5% |
FUJIYAMA POWER SYSTEMS L UTLSOLARRenewable Energy Equipment & Services | +87.5% | 11.5% | 38.7x Undervalued | -17% vs avg | +91.3% |
VIKRAM SOLAR LIMITED trades at a discount (11.8x vs peer avg 46.4x), suggesting potential undervaluation relative to the Renewable Energy Equipment & Services cohort. Peers include SAATVIK GREEN ENERGY LTD, EMMVEE PHOTOVOLTAIC PWR L, AZAD ENGINEERING LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.11K CrDec 2025Latest net profit
₹102 CrDec 2025Latest EPS
₹2.66Dec 2025Net margin
15.1%Dec 2025Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Sales | 632 | 574 | 1,027 | 1,183 | 1,135 | 1,110 | 1,106 |
| Expenses | 518 | 496 | 939 | 972 | 891 | 876 | 902 |
| Operating Profit | 76.8 | 40.36 | 48.22 | 169 | 210 | 200 | 167 |
| OPM % | 12.16% | 7.04% | 4.7% | 14.3% | 18.53% | 17.98% | 15.09% |
| Other Income | 6.96 | 10.24 | 14.28 | 4.75 | 4.24 | 15.76 | 20.06 |
| Interest | 45.66 | 33.79 | 29.99 | 45.23 | 32.25 | 31.55 | 40.13 |
| Depreciation | 37.3 | 37.32 | 39.13 | 42.24 | 33.5 | 34.88 | 36.51 |
| Profit before tax | 38.1 | 16.81 | 32.51 | 129 | 182 | 184 | 147 |
| Tax % | 35.64% | 35.63% | 35.65% | 35.65% | 26.26% | 30.2% | 30.48% |
| Net Profit | 24.52 | 10.82 | 20.92 | 82.84 | 134 | 128 | 102 |
| EPS in Rs | 0.81 | 0.37 | 0.66 | 2.73 | 4.24 | 3.83 | 2.66 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.