Alpex Solar
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Alpex Solar

777.35
-15.30
(-1.93%)
Market Cap
1,985.59 Cr
PE Ratio
13.18
Volume
26,100.00
Day High - Low
795.00 - 775.30
52W High-Low
1,449.70 - 495.00
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Key Fundamentals
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Market Cap
1,985.59 Cr
EPS
34.11
PE Ratio
13.18
PB Ratio
4.28
Book Value
185.14
EBITDA
128.20
Dividend Yield
0.00 %
Return on Equity
38.57
Debt to Equity
0.37
Forecast For
Actual

Company News

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positive
Alpex Solar Limited has secured a significant order worth ₹215 crores, which is expected to increase the company's annual revenue by approximately 25%. The solar equipment manufacturer continues to expand its market presence.
positive
Alpex Solar's board has approved raising ₹125 crore through unlisted secured non-convertible debentures, marking a significant capital mobilization initiative for the electrical equipment company.
positive
Alpex Solar delivered robust quarterly performance with revenue reaching 5.2 billion rupees compared to 1.9 billion rupees in the same period last year. Net profit more than doubled to 521 million rupees from 232 million rupees year-over-year. EBITDA increased significantly to 777 million rupees from 306 million rupees, though EBITDA margin declined to 14.89% from 16.26% in the previous year.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
2,599.30
#1 74,766.50
22.32
14,846.10
27.62
#1 1,928
118.35
40.89
683.10
30,944.05
28.02
6,652.10
109.76
937
53.45
26.84
7,033.00
28,250.38
30.75
#1 18,680.60
15.07
821
29.81
23.55
198.45
13,739.59
16.10
2,360.30
147.31
369
165.73
47.84
256.70
7,806.54
17.30
2,524.60
98.10
295
72.08
29.51
196.10
7,105.29
16.37
3,459.50
37.06
140
#1 416.84
27.93
803.35
5,361.08
64.46
1,115.20
26.44
63
42.86
30.74
363.15
4,615.82
#1 13.87
2,192.50
99.83
214
36.39
39.39
2,958.20
3,384.24
19.62
639.60
56.11
147
40.37
25.36
1,631.15
3,314.36
21.28
998.10
#1 158.71
159
-
24.26
Growth Rate
Revenue Growth
89.08 %
Net Income Growth
186.94 %
Cash Flow Change
958.35 %
ROE
76.36 %
ROCE
72.77 %
EBITDA Margin (Avg.)
75.46 %

Quarterly Financial Results

Quarterly Financials
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
79
121
77
190
188
328
383
525
Expenses
71
111
73
158
151
274
318
445
EBITDA
8
10
4
32
37
55
65
80
Operating Profit %
10 %
8 %
5 %
16 %
20 %
16 %
16 %
15 %
Depreciation
1
1
1
1
3
3
4
4
Interest
2
1
2
1
2
2
3
3
Profit Before Tax
6
8
2
29
32
49
57
72
Tax
1
1
0
6
9
14
15
20
Net Profit
5
6
1
24
23
35
42
53
EPS in ₹
2.51
3.34
0.43
9.64
9.56
14.43
17.28
21.45

Balance Sheet

Balance Sheet
2020
2021
2022
2023
2024
2025
Total Assets
78
99
100
126
230
474
Fixed Assets
13
20
17
17
47
78
Current Assets
53
74
77
98
171
357
Capital Work in Progress
7
1
2
5
0
23
Investments
0
0
0
0
2
2
Other Assets
58
79
81
104
180
371
Total Liabilities
78
99
100
126
230
474
Current Liabilities
37
49
49
75
92
236
Non Current Liabilities
7
13
13
10
5
21
Total Equity
35
38
38
42
133
216
Reserve & Surplus
29
32
32
35
109
192
Share Capital
6
6
6
6
25
25

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
Net Cash Flow
1
0
-1
2
23
3
Investing Activities
-1
-8
6
-9
-19
-82
Operating Activities
7
2
-1
-7
-8
69
Financing Activities
-6
7
-6
17
50
16

Share Holding

% Holding
Nov 2023
Jan 2024
Feb 2024
Mar 2024
Sept 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
93.53 %
93.53 %
68.76 %
68.76 %
68.76 %
68.76 %
68.76 %
65.89 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
0.00 %
0.00 %
0.99 %
0.02 %
0.00 %
0.00 %
0.00 %
0.34 %
Government
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 %
Others
6.47 %
6.47 %
14.59 %
10.27 %
6.09 %
7.13 %
6.57 %
8.77 %
No of Share Holders
11
11
16
2,224
4,544
5,730
6,010
6,397

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

Technical Indicators

RSI(14)
Neutral
41.97
ATR(14)
Less Volatile
47.04
STOCH(9,6)
Neutral
57.23
STOCH RSI(14)
Neutral
73.08
MACD(12,26)
Bullish
10.97
ADX(14)
Strong Trend
49.83
UO(9)
Bearish
48.76
ROC(12)
Uptrend And Accelerating
0.52
WillR(14)
Neutral
-57.27