Alpex Solar
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Alpex Solar

780.30
+2.55
(0.33%)
Market Cap
1,993.12 Cr
PE Ratio
9.93
Volume
1,05,500.00
Day High - Low
795.00 - 775.00
52W High-Low
1,319.00 - 660.00
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Key Fundamentals
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Market Cap
1,993.12 Cr
EPS
80.52
PE Ratio
9.93
PB Ratio
3.75
Book Value
207.17
EBITDA
328.30
Dividend Yield
0.00 %
Return on Equity
35.87
Debt to Equity
0.79
Forecast For
Actual

Company News

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positive
Alpex Solar launches 2.2 GW G12R TopCon cell facilitySep 17, 2026
Alpex Solar has inaugurated a new 2.2 GW G12R TopCon solar cell manufacturing facility in Kosi-Kotwan, marking a significant capacity addition in the domestic solar manufacturing space.
neutral
Alpex Solar paid a ₹7,080 fine to NSE for delaying its Annual Secretarial Compliance Report. The Board confirmed the matter is closed.
neutral
Alpex Solar promoters confirm no equity shares were encumbered in FY26. The declaration was submitted to NSE under SEBI SAST Regulations.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
2,565.40
#1 73,794.07
17.90
#1 27,244.90
83.52
#1 3,884
15.40
58.57
16,033.00
67,133.92
59.93
22,966.90
22.95
977
77.82
35.16
901.05
40,903.30
24.70
8,025.90
20.65
1,510
53.31
44.09
277.20
19,191.80
13.78
5,103.40
#1 116.22
1,082
60.57
28.41
1,987.30
13,291.52
102.53
1,632.10
46.35
113
#1 145.77
35.17
290.30
8,832.16
#1 13.55
4,821.20
90.97
565
43.19
41.46
572.90
5,347.97
41.23
5,195.10
40.61
109
121.38
50.37
144.00
5,217.90
14.46
4,861.90
40.86
469
-85.16
31.57
396.75
5,042.89
20.43
4,588.00
109.26
357
-95.45
41.06
3,769.80
4,312.73
32.03
678.00
6.00
158
-49.64
34.43

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
185.03 %
Net Income Growth
141.32 %
Cash Flow Change
-267.94 %
ROE
-7.00 %
ROCE
-29.64 %
EBITDA Margin (Avg.)
-10.14 %

Quarterly Financial Results

Quarterly Financials
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
79
121
77
190
188
328
383
525
649
676
507
Expenses
71
111
73
158
151
274
318
445
559
583
429
EBITDA
8
10
4
32
37
55
65
80
90
93
78
Operating Profit %
10 %
8 %
5 %
16 %
20 %
16 %
16 %
15 %
14 %
13 %
15 %
Depreciation
1
1
1
1
3
3
4
4
7
9
10
Interest
2
1
2
1
2
2
3
3
7
10
15
Profit Before Tax
6
8
2
29
32
49
57
72
77
74
54
Tax
1
1
0
6
9
14
15
20
23
21
14
Net Profit
5
6
1
24
23
35
42
53
54
53
40
EPS in ₹
2.51
3.34
0.43
9.64
9.56
14.43
17.28
21.45
21.25
20.85
15.61

Balance Sheet

Balance Sheet
2020
2021
2022
2023
2024
2025
2026
Total Assets
78
99
100
126
217
474
1,384
Fixed Assets
13
20
17
17
48
78
166
Capital Work in Progress
7
1
2
5
0
23
177
Investments
0
0
0
0
2
2
2
Other Assets
58
79
81
104
167
371
1,040
Total Equity & Liabilities
78
99
100
126
217
474
1,384
Current Liabilities
37
49
49
75
81
236
530
Non Current Liabilities
7
13
13
9
5
21
292
Total Equity
35
38
38
42
131
216
562
Reserve & Surplus
29
32
32
36
107
192
504
Share Capital
6
6
6
6
25
25
26

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
2026
Net Cash Flow
1
0
-1
2
23
3
0
Investing Activities
-1
-8
6
-9
-17
-82
-437
Operating Activities
7
2
-1
-7
-5
69
-116
Financing Activities
-6
7
-6
17
46
16
553

Share Holding

% Holding
Nov 2023
Jan 2024
Feb 2024
Mar 2024
Sept 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Promoter
93.53 %
93.53 %
68.76 %
68.76 %
68.76 %
68.76 %
68.76 %
65.89 %
65.89 %
65.90 %
65.90 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
3.42 %
3.21 %
3.13 %
DIIs
0.00 %
0.00 %
0.99 %
0.02 %
0.00 %
0.00 %
0.00 %
0.34 %
0.40 %
0.41 %
0.40 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
0.00 %
15.66 %
20.95 %
25.15 %
24.11 %
24.67 %
25.00 %
24.70 %
24.76 %
24.94 %
Others
6.47 %
6.47 %
14.59 %
10.27 %
6.09 %
7.13 %
6.57 %
8.77 %
5.60 %
5.72 %
5.64 %
No of Share Holders
11
11
16
2,224
4,544
5,730
6,010
6,397
7,354
8,032
8,517

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
28 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
28 Sept 2024 989.00 780.00
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 946.90 915.75
11 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2025 654.45 706.65
21 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 May 2025 847.80 872.95
11 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Aug 2025 1,217.50 1,262.35
28 Aug 2025 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
28 Aug 2025 1,217.50 1,230.35
03 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Nov 2025 1,177.85 1,200.05
09 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
09 Feb 2026 694.35 864.20
21 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 May 2026 945.20 1,009.85
14 Aug 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2026 803.95 762.00

Technical Indicators

RSI(14)
Neutral
34.53
ATR(14)
Less Volatile
30.51
STOCH(9,6)
Oversold
11.73
STOCH RSI(14)
Oversold
12.49
MACD(12,26)
Bearish
-6.28
ADX(14)
Strong Trend
27.13
UO(9)
Bearish
31.19
ROC(12)
Downtrend And Accelerating
-9.82
WillR(14)
Oversold
-90.64