Quarterly Results Results Snapshot
YoYQoQ
Figures in Cr
Consolidate Quarterly Results
Mar'26
Dec'25
Sep'25
Jun'25
Mar'25
Dec'24
Sep'24
Net Sales
671.96
648.08
522.92
380.32
327.39
187.63
188.40
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
671.96
648.08
522.92
380.32
327.39
187.63
188.40
Raw Material Cost
565.28
478.82
469.67
347.28
238.89
148.09
141.92
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-18.70
45.30
-48.47
-50.37
15.53
-10.40
3.24
Employee Cost
9.58
8.04
6.98
5.67
4.86
4.32
4.35
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.01
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
26.93
25.50
16.84
15.15
14.22
8.80
8.27
Total Expenditure (Excl Depreciation)
583.09
557.67
445.02
317.73
273.50
150.81
157.78
Operating Profit (PBDIT) excl Other Income
88.87
90.41
77.90
62.59
53.89
36.82
30.62
Other Income
3.92
0.96
1.35
2.25
0.92
0.49
1.08
Operating Profit (PBDIT)
92.79
91.37
79.25
64.84
54.81
37.31
31.70
Interest
9.70
6.49
3.37
3.32
2.31
2.03
1.43
Exceptional Items
0.00
-0.93
0.00
0.00
-0.19
0.03
0.16
Gross Profit (PBDT)
83.09
83.95
75.88
61.52
52.31
35.31
30.43
Depreciation
9.35
6.54
4.05
4.13
2.98
2.97
1.27
Profit Before Tax
73.82
76.94
72.32
57.40
49.31
32.29
29.22
Tax
20.55
22.68
19.65
15.11
13.99
8.90
5.51
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
53.19
54.73
52.18
42.28
35.34
23.44
23.65
Extraordinary Items
0.00
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
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
53.19
54.73
52.18
42.28
35.34
23.44
23.65
Share in Profit of Associates
0.08
-0.46
0.49
0.01
-0.02
-0.05
0.06
Minority Interest
0.00
0.00
0.01
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
53.27
54.27
52.66
42.29
35.32
23.39
23.71
Equity Capital
25.54
25.54
25.54
24.47
24.47
24.47
24.47
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Earnings per share (EPS)
20.86
21.25
20.62
17.28
14.43
9.56
9.69
Diluted Earnings per share
20.85
21.25
21.45
17.28
14.43
9.56
9.64
Operating Profit Margin (Excl OI)
13.23%
13.95%
14.9%
16.46%
16.46%
19.62%
16.25%
Gross Profit Margin
12.37%
12.95%
14.51%
16.18%
15.98%
18.82%
16.15%
PAT Margin
7.93%
8.37%
10.07%
11.12%
10.79%
12.47%
12.58%
Public Share Holdings (%)
0.0%
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%
0.0%
Quarterly Analysis Highlights - QoQ
Net Sales
QoQ Growth in quarter ended Mar 2026 is 3.68% vs 23.93% in Dec 2025
Consolidate Net Profit
QoQ Growth in quarter ended Mar 2026 is -1.84% vs 3.06% in Dec 2025
Operating Profit (PBDIT) excl Other Income
QoQ Growth in quarter ended Mar 2026 is -1.70% vs 16.06% in Dec 2025
Interest
QoQ Growth in quarter ended Mar 2026 is 49.46% vs 92.58% in Dec 2025
Operating Profit Margin (Excl OI)
QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025
Compare Quarterly Results Of Alpex Solar With
Figures in Cr
Consolidate Quarterly Results
Change(INR)
Change(%)
Net Sales
671.96
519.70
152.26
29.30%
Other Operating Income
0.00
0.00
0.00
Total Operating income
671.96
519.70
152.26
29.30%
Raw Material Cost
565.28
350.56
214.72
61.25%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-18.70
-16.14
-2.56
-15.86%
Employee Cost
9.58
54.03
-44.45
-82.27%
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
26.93
45.44
-18.51
-40.74%
Total Expenditure (Excl Depreciation)
583.09
433.89
149.20
34.39%
Operating Profit (PBDIT) excl Other Income
88.87
85.81
3.06
3.57%
Other Income
3.92
1.95
1.97
101.03%
Operating Profit (PBDIT)
92.79
87.76
5.03
5.73%
Interest
9.70
22.29
-12.59
-56.48%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
83.09
65.47
17.62
26.91%
Depreciation
9.35
23.63
-14.28
-60.43%
Profit Before Tax
73.82
41.83
31.99
76.48%
Tax
20.55
10.93
9.62
88.01%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
53.19
30.90
22.29
72.14%
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
53.19
30.90
22.29
72.14%
Share in Profit of Associates
0.08
0.00
0.08
Minority Interest
0.00
0.04
-0.04
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
53.27
30.86
22.41
72.62%
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)
20.86
4.80
16.06
334.58%
Diluted Earnings per share
20.85
4.80
16.05
334.38%
Operating Profit Margin (Excl OI)
13.23%
16.51%
0.00
-3.28%
Gross Profit Margin
12.37%
12.60%
0.00
-0.23%
PAT Margin
7.93%
5.95%
0.00
1.98%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Quarterly - Net Sales
Net Sales 671.96 Cr
in Mar 2026Figures in Cr
QoQ Growth in quarter ended Mar 2026 is 3.68% vs 23.93% in Dec 2025
YoY Growth in quarter ended Mar 2026 is 105.25% vs 171.42% in Mar 2025
Quarterly - Consolidate Net Profit
Consolidate Net Profit 53.27 Cr
in Mar 2026Figures in Cr
QoQ Growth in quarter ended Mar 2026 is -1.84% vs 3.06% in Dec 2025
YoY Growth in quarter ended Mar 2026 is 50.82% vs 461.53% in Mar 2025
Quarterly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 88.87 Cr
in Mar 2026Figures in Cr
QoQ Growth in quarter ended Mar 2026 is -1.70% vs 16.06% in Dec 2025
YoY Growth in quarter ended Mar 2026 is 64.91% vs 272.43% in Mar 2025
Quarterly - Interest
Interest 9.70 Cr
in Mar 2026Figures in Cr
QoQ Growth in quarter ended Mar 2026 is 49.46% vs 92.58% in Dec 2025
YoY Growth in quarter ended Mar 2026 is 319.91% vs 62.68% in Mar 2025
Quarterly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 13.23%
in Mar 2026Figures in %
QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025
YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025
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