Alpex Solar

When is the next results date for Alpex Solar?

No Upcoming Board Meetings

Has Alpex Solar declared dividend?

No Dividend History Available

Who are the peers of the Alpex Solar?

Alpex Solar's peers include Waaree Energies, Premier Energies, and several others, with varying management and growth ratings. Websol Energy leads in 1-year returns at 136.72%, while Rishabh Instrument has the lowest at -30.89%.

Peers: The peers of Alpex Solar are Waaree Energies, Premier Energies, Apar Inds., Genus Power, Websol Energy, RIR Power Electr, Salzer Electron., Rishabh Instrum., Danish Power, and Solex Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies and Apar Inds., and the rest have Average or Below Average ratings. Excellent growth is noted at Premier Energies, Apar Inds., Danish Power, and Solex Energy, while Good growth is seen at Waaree Energies, Websol Energy, and the rest. Capital Structure is Excellent for Premier Energies and Rishabh Instrum., Good for Waaree Energies, Genus Power, and RIR Power Electr, while Average is found at Alpex Solar, and Below Average at Salzer Electron. and Solex Energy.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Websol Energy at 136.72%, while Rishabh Instrum. has the lowest at -30.89%, and Alpex Solar's 1-year return is not available for comparison. Additionally, RIR Power Electr, Salzer Electron., Rishabh Instrum., and Apar Inds. have negative six-month returns.

What does Alpex Solar do?

Alpex Solar Ltd, a small-cap company in the Other Electrical Equipment industry, specializes in solar energy solutions. As of March 2025, it reported net sales of ₹3,274 Cr and a net profit of ₹353 Cr, with a market cap of ₹2,971 Cr.

Overview: <BR>Alpex Solar Ltd operates in the Other Electrical Equipment industry and is categorized as a Small Cap company.<BR><BR>History: <BR>Alpex Solar Ltd was originally incorporated on August 27, 1993, as "Alpex Exports Private Limited" and changed its name to "Alpex Solar Private Limited" on September 07, 2017. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 3,274 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 353 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 2,971 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 35.00 <BR>Industry P/E: 75 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.75 <BR>Return on Equity: 210.74% <BR>Price to Book: 74.09 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Alpex Solar?

The top shareholders of Alpex Solar include Ashwani Sehgal, who owns 22.85%, and individual investors with a collective 24.11%. Additionally, 7 foreign institutional investors hold 1.48%, while the highest public shareholder is Bhagwati Charan R Sikka with 2.47%.

The top shareholders of Alpex Solar include the promoters, who hold the majority of the shares. The promoter with the highest holding is Ashwani Sehgal, who owns 22.85% of the company. Additionally, individual investors collectively hold 24.11% of the shares. In terms of institutional investors, there are 7 foreign institutional investors (FIIs) that hold a total of 1.48%. The highest public shareholder is Bhagwati Charan R Sikka, with a holding of 2.47%. There are no mutual funds currently holding shares in Alpex Solar.

How big is Alpex Solar?

As of 24th July, Alpex Solar Ltd has a market capitalization of 2,962.00 Cr, with recent net sales of 824.04 Cr and a net profit of 88.60 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Alpex Solar Ltd has a market capitalization of 2,962.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 824.04 Cr, while the sum of Net Profit for the same period is 88.60 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 130.94 Cr and Total Assets at 216.20 Cr.

Is Alpex Solar overvalued or undervalued?

As of November 20, 2025, Alpex Solar is considered expensive with high valuation ratios, including a PE of 37.20, despite outperforming the Sensex with a 42.29% year-to-date return, indicating caution for potential investors.

As of 20 November 2025, Alpex Solar's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value. The company is currently considered overvalued based on its high valuation ratios. The PE ratio stands at 37.20, while the Price to Book Value is 6.51, and the EV to EBITDA is 25.07, all of which are significantly above industry norms.<BR><BR>In comparison to its peers, Alpex Solar's PE ratio is lower than that of Siemens Energy Industries, which has a PE of 121.45, and ABB at 61.75, but remains high relative to BHEL at 177.83. The PEG ratio of 0.15 suggests that the stock may be undervalued in terms of growth, yet the overall high valuation metrics indicate that it is overvalued. Notably, while Alpex Solar has outperformed the Sensex with a year-to-date return of 42.29% compared to the Sensex's 10.77%, the current valuation metrics suggest caution for potential investors.

How has been the historical performance of Alpex Solar?

Alpex Solar has shown significant growth over the past four years, with net sales increasing from 165.56 Cr in Mar'22 to 780.15 Cr in Mar'25, and profit after tax rising from 0.25 Cr to 83.50 Cr. The company's operational efficiency improved, reflected in a surge in operating profit and positive cash flow from operating activities.

Answer:<BR>The historical performance of Alpex Solar shows significant growth in various financial metrics over the past four years.<BR><BR>Breakdown:<BR>Alpex Solar has demonstrated impressive growth in net sales, increasing from 165.56 Cr in Mar'22 to 780.15 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 165.56 Cr in Mar'22 to 780.15 Cr in Mar'25. The company's total expenditure also increased, reaching 654.86 Cr in Mar'25, up from 161.56 Cr in Mar'22, primarily driven by rising raw material costs. Operating profit (PBDIT) surged from 6.97 Cr in Mar'22 to 128.15 Cr in Mar'25, indicating improved operational efficiency. Profit before tax followed suit, climbing from 0.37 Cr in Mar'22 to 112.33 Cr in Mar'25, while profit after tax increased from 0.25 Cr to 83.50 Cr in the same period. The earnings per share (EPS) also saw a remarkable rise, reaching 34.12 in Mar'25 from just 0.32 in Mar'22. On the balance sheet, total assets grew significantly from 100.04 Cr in Mar'22 to 470.38 Cr in Mar'25, alongside total liabilities which increased from 100.04 Cr to 470.38 Cr. Cash flow from operating activities improved to 68.00 Cr in Mar'25, compared to a negative cash flow in previous years, showcasing a positive shift in cash generation. Overall, Alpex Solar's financial performance reflects a robust growth trajectory across multiple dimensions.

Is Alpex Solar technically bullish or bearish?

As of December 2, 2025, the technical trend has shifted to a moderately bearish stance, supported by weekly indicators like the MACD and Dow Theory, despite some mildly bullish signals from daily moving averages.

As of 2 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, albeit with some mixed signals. The weekly MACD indicates a mildly bearish trend, and the Bollinger Bands are also showing a bearish outlook. The KST and Dow Theory both confirm a mildly bearish stance on the weekly timeframe. Although the daily moving averages are mildly bullish, they are not strong enough to offset the bearish indicators present in the weekly analysis. Overall, the strength of the bearish sentiment is moderate, driven primarily by the weekly MACD and Dow Theory.

Are Alpex Solar Ltd latest results good or bad?

Alpex Solar Ltd's latest results show strong revenue growth of 245.40% year-on-year, with net sales of ₹648.08 crore and a net profit increase of 132.02% to ₹54.27 crore. However, declining operating and profit margins raise concerns about future profitability, suggesting potential challenges ahead.

Alpex Solar Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales reaching ₹648.08 crore in Q3 FY26, marking a remarkable 245.40% increase year-on-year. This strong performance indicates that Alpex Solar is successfully capturing market share in the expanding solar and electrical equipment sector.<BR><BR>Additionally, the net profit for the quarter was ₹54.27 crore, reflecting a significant year-on-year growth of 132.02%. These figures highlight the company's ability to generate strong absolute profit growth, which is a positive sign for investors.<BR><BR>However, there are concerns regarding profitability metrics. The operating margin has contracted to 13.95%, down from 16.46% in the previous quarter and 19.62% a year ago. This decline suggests that the company is facing increasing competitive pressures or rising input costs, which may be affecting its pricing power. Furthermore, the profit after tax (PAT) margin has also decreased to 8.37%, raising questions about the sustainability of profitability moving forward.<BR><BR>In summary, while Alpex Solar's revenue and profit growth are commendable, the declining margins indicate potential challenges that could impact future performance. Investors may need to weigh these factors carefully when assessing the company's overall health.

Should I buy, sell or hold Alpex Solar Ltd?

Why is Alpex Solar Ltd falling/rising?

As of 17-Mar, Alpex Solar Ltd's stock price is at 708.00, down 0.07%, and has underperformed its sector by 1.68%. Despite a strong annual return of 37.54%, recent declines indicate a bearish short-term trend influenced by market sentiment.

As of 17-Mar, Alpex Solar Ltd's stock price is currently at 708.00, reflecting a decrease of 0.5 points or 0.07%. The stock has underperformed its sector today by 1.68% and is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a bearish trend in the short term.<BR><BR>Over the past week, the stock has declined by 2.07%, while the benchmark Sensex has fallen by 2.80%. In the last month, Alpex Solar's stock has experienced a significant drop of 13.25%, compared to an 8.34% decline in the Sensex. Year-to-date, the stock is down 13.82%, again underperforming the Sensex, which has decreased by 9.75%. <BR><BR>Despite these recent declines, it is important to note that Alpex Solar has shown strong performance over the past year, with a return of 37.54%, significantly outperforming the market's return of 4.76%. The company has also reported healthy growth in net sales and operating profit, with net sales growing at an annual rate of 54.10% and operating profit at 108.68%. However, the recent price movements suggest that short-term market sentiment may be affecting the stock negatively, despite its strong fundamentals and past performance.

Why is Alpex Solar Ltd falling/rising?

As of 18-Mar, Alpex Solar Ltd's stock price is rising to 740.10, reflecting a 4.53% increase due to strong financial performance, including significant growth in net sales and operating profit. The company has consistently outperformed the market, supported by a solid financial position and attractive valuation metrics.

As of 18-Mar, Alpex Solar Ltd's stock price is rising, currently at 740.10, with a change of 32.1, representing an increase of 4.53%. This upward movement can be attributed to several positive factors highlighted in the data. The company has demonstrated strong financial performance, with net sales growing at an annual rate of 54.10% and operating profit increasing by 108.68%. Furthermore, the company has reported outstanding results for the last four consecutive quarters, with net sales reaching a high of Rs 648.08 crore and a profit before tax (PBT) of Rs 76.91 crore.<BR><BR>Additionally, the stock has significantly outperformed the market over the past year, generating a return of 36.98%, which is much higher than the BSE500 market return of 5.49%. The company's low debt-to-equity ratio of 0.08 times and a return on equity (ROE) of 32.5 indicate a solid financial position, contributing to its attractive valuation with a price-to-book value of 4. <BR><BR>Despite a decline in investor participation, as indicated by a 33.72% drop in delivery volume against the 5-day average, the stock's performance today has outperformed its sector by 3.43%. Overall, these factors suggest that the stock's rise is supported by strong financial fundamentals and market-beating performance.

Why is Alpex Solar Ltd falling/rising?

As of 19-Mar, Alpex Solar Ltd's stock price is rising to 747.50, driven by strong financial performance, increased investor interest, and favorable market conditions. The company has shown significant growth with a 54.10% increase in net sales and a low debt-to-equity ratio, outperforming its sector and delivering a 31.76% return over the past year.

As of 19-Mar, Alpex Solar Ltd's stock price is rising, currently at 747.50, reflecting a change of 7.4 (1.0%) upward. This increase can be attributed to several positive factors. The stock has outperformed its sector by 3.22% today, indicating strong relative performance. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 11.86% against the 5-day average, suggesting growing interest in the stock.<BR><BR>Financially, Alpex Solar Ltd has demonstrated robust growth, with net sales increasing at an annual rate of 54.10% and operating profit rising by 108.68%. The company has reported outstanding results over the last four consecutive quarters, with net sales reaching a highest quarterly figure of Rs 648.08 crore and a profit before tax of Rs 76.91 crore. This consistent performance has contributed to a significant return of 31.76% over the past year, which is substantially higher than the market's return of 1.22%.<BR><BR>Moreover, the company's low debt-to-equity ratio of 0.08 times and a return on equity (ROE) of 32.5 indicate a healthy financial position, further enhancing its attractiveness to investors. Overall, these factors combined suggest that the stock's price is rising due to strong financial performance, increased investor interest, and favorable market conditions.

Why is Alpex Solar Ltd falling/rising?

As of 20-Mar, Alpex Solar Ltd's stock price is rising to 770.55, reflecting a 3.08% increase due to strong financial performance, increased investor interest, and a low debt-to-equity ratio, indicating financial stability.

As of 20-Mar, Alpex Solar Ltd's stock price is rising, currently at 770.55, reflecting a change of 23.05 or 3.08% increase. This upward movement can be attributed to several positive factors. The company has demonstrated strong financial performance, with net sales growing at an annual rate of 54.10% and operating profit increasing by 108.68%. Notably, the company reported outstanding results in December, with net sales reaching their highest at Rs 648.08 crore and a significant growth in profit before tax of 49.0% compared to the previous four-quarter average.<BR><BR>Additionally, the stock has outperformed the sector by 0.89% today, indicating strong market interest. The delivery volume has also seen a notable increase, rising by 58.46% against the five-day average, suggesting rising investor participation. Furthermore, the company maintains a low debt-to-equity ratio of 0.08 times, which contributes to its financial stability and attractiveness to investors. <BR><BR>Overall, the combination of robust financial results, increased investor interest, and a favorable valuation with a return on equity of 32.5 has contributed to the stock's rise.

Why is Alpex Solar Ltd falling/rising?

As of 23-Mar, Alpex Solar Ltd's stock price is at 751.70, down 2.45%. Despite strong past performance, recent declines are influenced by broader market conditions and the stock trading below key moving averages, indicating a bearish trend.

As of 23-Mar, Alpex Solar Ltd's stock price is currently at 751.70, reflecting a decrease of 18.85 points or 2.45%. This decline can be attributed to several factors. Despite the company showing strong performance in the past year with a return of 25.30% and impressive growth in net sales and operating profit, the stock has faced a negative shift recently. Over the last month, the stock has decreased by 4.94%, while the benchmark index, Sensex, has also shown a decline of 12.45% in the same period, indicating a challenging market environment.<BR><BR>Additionally, while the stock has outperformed its sector by 0.76% today, it is still trading below its longer-term moving averages, specifically the 50-day, 100-day, and 200-day moving averages, which may signal a bearish trend. The current price drop could also be influenced by broader market conditions, as the BSE500 has generated negative returns of -3.31% over the past year, contrasting with Alpex's strong performance.<BR><BR>Investor participation has seen a rise, with a delivery volume increase of 5.36% against the 5-day average, suggesting some interest in the stock. However, the overall sentiment appears to be cautious, reflected in the stock's current downward movement.

Why is Alpex Solar Ltd falling/rising?

As of 24-Mar, Alpex Solar Ltd's stock price is rising to 791.40, driven by strong financial performance, significant sales growth, and increased investor interest. The company has outperformed its sector and shows a low debt-to-equity ratio, making it attractive to investors.

As of 24-Mar, Alpex Solar Ltd's stock price is rising, currently at 791.40, reflecting an increase of 39.7 or 5.28%. This upward movement can be attributed to several positive factors. The stock has outperformed its sector by 3.4% today, indicating strong market interest. Additionally, the company has shown impressive financial performance, with net sales growing at an annual rate of 54.10% and operating profit increasing by 108.68%. <BR><BR>The recent quarterly results have been outstanding, with net sales reaching a record high of Rs 648.08 crore and profits before depreciation, interest, and taxes (PBDIT) also at a peak of Rs 90.41 crore. The stock's performance over the past year has been particularly noteworthy, generating a return of 30.25% while the broader market has seen negative returns. <BR><BR>Moreover, the rising investor participation is evident, as the delivery volume increased by 75.31% compared to the 5-day average, suggesting heightened interest in trading the stock. The company's low debt-to-equity ratio of 0.08 times and a return on equity (ROE) of 32.5 further enhance its attractiveness to investors. Overall, these factors contribute to the stock's rising price.

Why is Alpex Solar Ltd falling/rising?

As of 25-Mar, Alpex Solar Ltd's stock price is rising to 811.05, driven by strong financial health, impressive sales growth, and increased investor interest. The stock has outperformed its sector and generated a significant return over the past year, reflecting robust investor confidence.

As of 25-Mar, Alpex Solar Ltd's stock price is rising, currently at 811.05, reflecting an increase of 19.65 or 2.48%. This upward movement can be attributed to several positive factors. The stock has outperformed its sector by 1.23% today, indicating strong relative performance. Additionally, the company has shown impressive financial health, with a low Debt to Equity ratio of 0.08 times and significant growth in Net Sales, which increased by 23.93%. The company has also reported outstanding results over the last four consecutive quarters, with net sales reaching a record high of Rs 648.08 crore and a profit before depreciation, interest, and tax (PBDIT) of Rs 90.41 crore.<BR><BR>Investor participation has notably increased, with delivery volume rising by 128.43% compared to the five-day average, suggesting growing interest in the stock. Furthermore, the stock has generated a remarkable return of 38.56% over the past year, significantly outperforming the broader market, which has seen negative returns. The company's strong return on equity (ROE) of 32.5 and an attractive valuation with a Price to Book Value of 4.4 further bolster investor confidence, contributing to the stock's rise.

Which are the latest news on Alpex Solar?