NSE ScannerComparison · NSE · data 2026-11-01
Alpex Solar Ltd. vs Vikram Solar Limited
In plain words
Size: Vikram Solar Limited is about 2.7 times the market value of Alpex Solar Ltd..
Valuation (P/E): Vikram Solar Limited 12.4 vs Alpex Solar Ltd. 8.3.
Return on equity: Alpex Solar Ltd. 51.8% vs Vikram Solar Limited 21.3%.
Profit growth over 3 years: Alpex Solar Ltd. 277.7% a year vs Vikram Solar Limited 219% a year.
Debt to equity: Alpex Solar Ltd. 0.95 vs Vikram Solar Limited 0.2.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ALPEXSOLAR | VIKRAMSOLR | |
|---|---|---|
| Price | ₹660.4 | ₹125.29 |
| Market cap | ₹1,687 cr | ₹4,544 cr |
| P/E | 8.3 | 12.4 |
| P/B | — | — |
| ROE | 51.8% | 21.3% |
| ROCE | 54.3% | 29.9% |
| Debt / equity | 0.95 | 0.2 |
| Operating margin | 12.9% | 11.6% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 125.2% | 32.3% |
| Profit growth, 3 years (yearly) | 277.7% | 219.0% |
| 1-year return | -44.8% | -61.8% |
| Revenue, last 12 months | ₹2,346 cr | ₹5,232 cr |
| Net profit, last 12 months | ₹200 cr | ₹357 cr |
| Latest quarter | — | Jun 2026 |
| Quarter net profit | — | ₹20 cr |
| Quarter profit vs a year earlier | — | -85.2% |
| Promoter holding | — | 63.01% |
| Health check | Strong (6.6/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Alpex Solar Ltd. or Vikram Solar Limited?
Vikram Solar Limited trades at the higher P/E (12.4 against 8.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Alpex Solar Ltd. (51.8% against 21.3%).
Which carries more debt?
Alpex Solar Ltd. has the higher debt-to-equity ratio (0.95 against 0.2).