Results Snapshot
Figures in Cr
Consolidate Half Yearly Results
Mar'26
Sep'25
Mar'25
Sep'24
Mar'24
Sep'23
Net Sales
1,320.03
903.24
515.02
265.13
199.84
212.76
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,320.03
903.24
515.02
265.13
199.84
212.76
Raw Material Cost
1,044.10
816.95
386.97
218.25
145.85
163.81
Purchase of Finished goods
0.00
0.00
0.00
0.00
15.65
18.16
(Increase) / Decrease In Stocks
26.61
-98.84
5.13
-7.84
2.44
3.78
Employee Cost
17.62
12.65
9.17
7.85
6.84
5.93
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
52.43
31.98
23.04
12.28
6.40
6.91
Total Expenditure (Excl Depreciation)
1,140.76
762.74
424.31
230.54
177.18
198.58
Operating Profit (PBDIT) excl Other Income
179.27
140.50
90.71
34.59
22.66
14.18
Other Income
4.88
3.60
1.42
1.44
0.59
0.34
Operating Profit (PBDIT)
184.15
144.10
92.13
36.03
23.25
14.52
Interest
16.19
6.70
4.34
2.97
2.84
3.35
Exceptional Items
-0.93
0.00
-0.16
0.16
5.18
0.00
Gross Profit (PBDT)
167.03
137.40
87.63
33.22
25.59
11.17
Depreciation
15.89
8.19
5.95
2.56
1.68
1.22
Profit Before Tax
151.14
129.21
81.68
30.65
23.91
9.96
Tax
43.23
34.75
22.89
5.94
4.88
2.44
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
107.92
94.46
58.79
24.71
19.02
7.52
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
107.92
94.46
58.79
24.71
19.02
7.52
Share in Profit of Associates
-0.38
0.49
-0.08
0.06
-0.08
0.08
Minority Interest
0.00
-0.01
0.00
0.00
0.00
0.01
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
107.54
94.94
58.71
24.77
18.94
7.61
Equity Capital
25.54
25.54
24.47
24.47
24.47
6.00
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
43.07
Earnings per share (EPS)
42.11
37.17
23.99
10.12
7.74
12.68
Diluted Earnings per share
42.1
38.73
23.99
10.26
9.65
12.68
Operating Profit Margin (Excl OI)
13.58%
15.56%
17.61%
13.05%
11.34%
6.66%
Gross Profit Margin
12.65%
15.21%
17.01%
12.53%
12.81%
5.25%
PAT Margin
8.15%
10.51%
11.4%
9.34%
9.48%
3.57%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Half Yearly Analysis Highlights
Net Sales
Growth in half year ended Mar 2026 is 46.14% vs 75.38% in Sep 2025
Consolidate Net Profit
Growth in half year ended Mar 2026 is 13.27% vs 61.71% in Sep 2025
Operating Profit (PBDIT) excl Other Income
Growth in half year ended Mar 2026 is 27.59% vs 54.89% in Sep 2025
Interest
Growth in half year ended Mar 2026 is 141.64% vs 54.38% in Sep 2025
Operating Profit Margin (Excl OI)
Growth in half year ended Mar 2026 has fallen from Sep 2025
Compare Half Yearly Results Of Alpex Solar With
Figures in Cr
Consolidate Half Yearly Results
Change(INR)
Change(%)
Net Sales
1,320.03
817.48
502.55
61.48%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,320.03
817.48
502.55
61.48%
Raw Material Cost
1,044.10
535.93
508.17
94.82%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
26.61
-22.93
49.54
216.05%
Employee Cost
17.62
107.97
-90.35
-83.68%
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
52.43
72.61
-20.18
-27.79%
Total Expenditure (Excl Depreciation)
1,140.76
693.58
447.18
64.47%
Operating Profit (PBDIT) excl Other Income
179.27
123.90
55.37
44.69%
Other Income
4.88
2.01
2.87
142.79%
Operating Profit (PBDIT)
184.15
125.91
58.24
46.26%
Interest
16.19
46.17
-29.98
-64.93%
Exceptional Items
-0.93
0.00
-0.93
Gross Profit (PBDT)
167.03
79.74
87.29
109.47%
Depreciation
15.89
24.23
-8.34
-34.42%
Profit Before Tax
151.14
55.51
95.63
172.28%
Tax
43.23
14.67
28.56
194.68%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
107.92
40.84
67.08
164.25%
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
107.92
40.84
67.08
164.25%
Share in Profit of Associates
-0.38
0.00
-0.38
Minority Interest
0.00
-0.13
0.13
100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
107.54
40.70
66.84
164.23%
Equity Capital
25.54
64.30
-38.76
-60.28%
Face Value
10.00
10.00
0.00
Reserves
0.00
0.00
0.00
Earnings per share (EPS)
42.11
6.33
35.78
565.24%
Diluted Earnings per share
42.10
6.33
35.77
565.09%
Operating Profit Margin (Excl OI)
13.58%
15.16%
0.00
-1.58%
Gross Profit Margin
12.65%
9.75%
0.00
2.90%
PAT Margin
8.15%
5.00%
0.00
3.15%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Half Yearly - Net Sales
Net Sales 1,320.03 Cr
in Mar 2026Figures in Cr
Growth in half year ended Mar 2026 is 46.14% vs 75.38% in Sep 2025
Half Yearly - Consolidate Net Profit
Consolidate Net Profit 107.54 Cr
in Mar 2026Figures in Cr
Growth in half year ended Mar 2026 is 13.27% vs 61.71% in Sep 2025
Half Yearly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 179.27 Cr
in Mar 2026Figures in Cr
Growth in half year ended Mar 2026 is 27.59% vs 54.89% in Sep 2025
Half Yearly - Interest
Interest 16.19 Cr
in Mar 2026Figures in Cr
Growth in half year ended Mar 2026 is 141.64% vs 54.38% in Sep 2025
Half Yearly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 13.58%
in Mar 2026Figures in %
Growth in half year ended Mar 2026 has fallen from Sep 2025






