Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Net Sales
2,223.27
780.15
412.60
194.68
165.56
Other Operating Income
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,223.27
780.15
412.60
194.68
165.56
Raw Material Cost
1,861.05
605.23
342.56
161.82
134.24
Purchase of Finished goods
0.00
0.00
0.00
23.28
16.87
(Increase) / Decrease In Stocks
-72.23
-2.71
6.92
-16.61
-4.40
Employee Cost
30.27
17.02
12.43
7.79
7.89
Power Cost
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
Other Expenses
84.40
35.32
13.56
6.94
6.97
Total Expenditure (Excl Depreciation)
1,903.49
654.86
375.47
183.22
161.56
Operating Profit (PBDIT) excl Other Income
319.78
125.29
37.13
11.46
4.00
Other Income
8.48
2.86
1.50
1.24
2.97
Operating Profit (PBDIT)
328.26
128.15
38.63
12.70
6.97
Interest
22.89
7.32
6.31
5.35
3.99
Exceptional Items
-0.93
0.00
5.11
0.00
0.00
Gross Profit (PBDT)
304.44
120.83
37.43
7.35
2.98
Depreciation
24.08
8.50
3.50
2.05
2.61
Profit Before Tax
280.36
112.33
33.93
5.30
0.37
Tax
77.98
28.83
4.84
1.51
0.12
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
Profit After Tax
202.38
83.50
29.09
3.79
0.25
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
Net Profit
202.38
83.50
29.09
3.79
0.25
Share in Profit of Associates
-0.87
-0.02
0.00
0.00
-0.05
Minority Interest
0.00
0.00
0.00
0.00
-0.01
Other related items
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
201.51
83.48
29.09
3.79
0.19
Equity Capital
25.54
24.47
24.47
6.00
6.00
Face Value
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
191.93
108.55
35.47
31.68
Earnings per share (EPS)
78.9
34.12
11.89
6.32
0.32
Diluted Earnings per share
80.52
34.11
15.47
6.3
0.32
Operating Profit Margin (Excl OI)
14.38%
16.06%
9.0%
5.89%
2.42%
Gross Profit Margin
13.69%
15.49%
9.07%
3.78%
1.8%
PAT Margin
9.06%
10.7%
7.05%
1.95%
0.12%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 184.98% vs 89.08% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 141.39% vs 186.97% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 155.23% vs 237.44% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 212.70% vs 16.01% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Alpex Solar With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
2,223.27
1,811.10
412.17
22.76%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,223.27
1,811.10
412.17
22.76%
Raw Material Cost
1,861.05
1,182.55
678.50
57.38%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-72.23
-23.54
-48.69
-206.84%
Employee Cost
30.27
213.90
-183.63
-85.85%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
84.40
156.75
-72.35
-46.16%
Total Expenditure (Excl Depreciation)
1,903.49
1,529.66
373.83
24.44%
Operating Profit (PBDIT) excl Other Income
319.78
281.44
38.34
13.62%
Other Income
8.48
4.83
3.65
75.57%
Operating Profit (PBDIT)
328.26
286.27
41.99
14.67%
Interest
22.89
94.11
-71.22
-75.68%
Exceptional Items
-0.93
-5.45
4.52
82.94%
Gross Profit (PBDT)
304.44
186.71
117.73
63.06%
Depreciation
24.08
63.23
-39.15
-61.92%
Profit Before Tax
280.36
123.48
156.88
127.05%
Tax
77.98
32.23
45.75
141.95%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
202.38
91.25
111.13
121.79%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
202.38
91.25
111.13
121.79%
Share in Profit of Associates
-0.87
0.00
-0.87
Minority Interest
0.00
-0.24
0.24
100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
201.51
91.01
110.50
121.42%
Equity Capital
25.54
64.30
-38.76
-60.28%
Face Value
10.00
10.00
0.00
Reserves
0.00
935.90
-935.90
-100.00%
Earnings per share (EPS)
78.90
14.15
64.75
457.60%
Diluted Earnings per share
80.52
14.15
66.37
469.05%
Operating Profit Margin (Excl OI)
14.38%
15.54%
0.00
-1.16%
Gross Profit Margin
13.69%
10.31%
0.00
3.38%
PAT Margin
9.06%
5.04%
0.00
4.02%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 2,223.27 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 184.98% vs 89.08% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 201.51 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 141.39% vs 186.97% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 319.78 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 155.23% vs 237.44% in Mar 2025
Annual - Interest
Interest 22.89 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 212.70% vs 16.01% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 14.38%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






