Alpex Solar

Market Cap: Small Cap
Industry: Other Electrical Equipment
ISIN: INE0R4701017
NSEID: ALPEXSOLAR
BSEID:

INR

959.35

-70.6 (-6.85%)

BSENSE

Dec 05

BSE+NSE Vol: 199700

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    "name": "Alpex Solar",
    "stock_name": "Alpex Solar",
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    "traded_date": "Dec 05, 2025",
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  "news": {
    "results": [
      {
        "title": "Alpex Solar Technical Momentum Shifts Amid Sideways Market Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/alpex-solars-price-momentum-shifts-amid-mixed-technical-signals-3743085",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/AlpexSolar_technicaldot_3743085.png",
        "date": "2025-12-03 08:09:42",
        "description": "Alpex Solar, a key player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, moving from a mildly bullish stance to a sideways trend. This change is reflected across several technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, signalling a period of consolidation after recent price fluctuations."
      },
      {
        "title": "How has been the historical performance of Alpex Solar?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-alpex-solar-3742295",
        "imagepath": "",
        "date": "2025-12-02 23:08:32",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Growth</strong></p>\n<p>Alpex Solar’s net sales have surged impressively, nearly quintupling from ₹165.56 crores in March 2022 to ₹780.15 crores by March 2025. This rapid expansion reflects the company’s successful scaling of operations and market demand for its solar products. Correspondingly, total operating income mirrored this growth, with no other operating income reported during this period.</p>\n<p>Operating profit before depreciation and interest (PBDIT) excluding other income rose sharply from ₹4.00 crores in March 2022 to ₹125.29 crores in March 2025, indicating enhanced operational efficiency and margin improvement. The operating profit margin improved from a modest 2.42% to a robust 16.06% over the same timeframe, underscoring better cost management and pr..."
      },
      {
        "title": "Alpex Solar Sees Revision in Market Evaluation Amid Mixed Performance Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/alpex-solar-upgraded-to-buy-by-marketsmojo-on-24-nov-2025-3736781",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/AlpexSolar_mojoScore_3736781.png",
        "date": "2025-11-29 17:52:31",
        "description": "Alpex Solar, a small-cap player in the Other Electrical Equipment sector, has experienced a revision in its market evaluation reflecting recent shifts in its fundamental and technical parameters. This adjustment follows a detailed reassessment of the company’s quality, valuation, financial trends, and technical outlook, providing investors with a refreshed perspective on its market standing."
      },
      {
        "title": "Why is Alpex Solar falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-alpex-solar-fallingrising-3722336",
        "imagepath": "",
        "date": "2025-11-22 01:34:07",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Short-Term Price Movement and Market Context</strong></p>\n<p>Despite Alpex Solar’s impressive year-to-date gains of 39.73% and a one-year return of 41.63%, the stock has experienced a notable pullback in the past week, declining by 5.04% compared to the Sensex’s modest 0.61% rise. This recent underperformance is further emphasised by the stock’s drop of 1.8% on 21-Nov, underperforming its sector by 0.86% on the day. The share price currently trades above its 200-day moving average, signalling long-term strength, but remains below its shorter-term moving averages including the 5-day, 20-day, 50-day, and 100-day averages. This technical positioning suggests some near-term resistance and profit-taking pressure among investors.</p>\n<p>Investor participation has also waned, with delivery volume o..."
      },
      {
        "title": "Is Alpex Solar overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-alpex-solar-overvalued-or-undervalued-3719953",
        "imagepath": "",
        "date": "2025-11-21 08:50:55",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics and Financial Health</strong></p>\n<p>Alpex Solar’s price-to-earnings (PE) ratio stands at 37.2, which is elevated compared to many traditional benchmarks but moderate within its peer group. The price-to-book (P/B) ratio is 6.51, indicating that investors are paying a significant premium over the company’s net asset value. Enterprise value multiples such as EV to EBIT (26.91) and EV to EBITDA (25.07) further suggest a relatively high valuation, reflecting expectations of strong earnings growth and operational efficiency.</p>\n<p>Importantly, the company’s return on capital employed (ROCE) is a robust 22.79%, and return on equity (ROE) is 17.51%, signalling effective capital utilisation and profitability. These figures support the premium valuation to some extent, as they demo..."
      },
      {
        "title": "How has been the historical performance of Alpex Solar?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-alpex-solar-3709288",
        "imagepath": "",
        "date": "2025-11-17 23:26:45",
        "description": "Answer:\nThe historical performance of Alpex Solar shows significant growth in key financial metrics over the past four years, culminating in the fiscal year ending March 2025.\n\nBreakdown:\nAlpex Solar's net sales have increased dramatically from 165.56 Cr in March 2022 to 780.15 Cr in March 2025, reflecting a robust growth trajectory. The total operating income followed a similar trend, rising from 165.56 Cr in March 2022 to 780.15 Cr in March 2025. However, raw material costs also surged, reaching 605.23 Cr in March 2025, up from 134.24 Cr in March 2022. Despite these rising costs, the operating profit (PBDIT) saw a substantial increase from 6.97 Cr in March 2022 to 128.15 Cr in March 2025, indicating improved operational efficiency. The profit before tax rose significantly from 0.37 Cr in March 2022 to 112.33 Cr in March 2025, while the profit after tax increased from 0.25 Cr to 83.50 Cr in the same period..."
      },
      {
        "title": "Is Alpex Solar overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-alpex-solar-overvalued-or-undervalued-3696221",
        "imagepath": "",
        "date": "2025-11-13 08:12:55",
        "description": "As of 12 November 2025, Alpex Solar's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently deemed overvalued based on its high PE ratio of 37.68, a price-to-book value of 6.60, and an EV to EBITDA ratio of 25.39. In comparison to its peers, Alpex Solar's valuation metrics are notably higher; for instance, Siemens Energy Industries has a PE ratio of 119.16 and ABB at 59.08, both categorized as very expensive, while Apar Industries is relatively more attractive with a PE of 38.39.\n\nGiven these ratios and the overall valuation context, Alpex Solar appears to be overvalued. The company's recent performance has outpaced the Sensex, with a year-to-date return of 50.42% compared to the Sensex's 9.44%, which may reflect market optimism but does not mitigate the high valuation concerns...."
      },
      {
        "title": "Is Alpex Solar technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-alpex-solar-technically-bullish-or-bearish-3688118",
        "imagepath": "",
        "date": "2025-11-11 08:18:40",
        "description": "As of 10 November 2025, the technical trend for Alpex Solar has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some weakness in the short term. The Bollinger Bands show a sideways movement on the weekly chart, while the monthly Bollinger Bands are bullish, indicating potential for upward movement over a longer time frame. The Dow Theory reflects a mildly bearish stance on the monthly chart, which adds to the mixed signals. Overall, while there are bullish indicators, the presence of bearish signals in the weekly timeframe suggests caution...."
      },
      {
        "title": "Is Alpex Solar overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-alpex-solar-overvalued-or-undervalued-3687875",
        "imagepath": "",
        "date": "2025-11-11 08:15:02",
        "description": "As of 10 November 2025, the valuation grade for Alpex Solar has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 37.37, an EV to EBITDA of 23.03, and a ROCE of 2.57%. In comparison, peer companies such as Siemens Energy Industries and ABB are classified as very expensive with PE ratios of 118.69 and 59.82, respectively, indicating that Alpex Solar's valuation is relatively lower but still excessive.\n\nDespite a strong year-to-date stock return of 49.18% compared to the Sensex's 8.16%, the fundamental ratios suggest that the company is not positioned favorably in terms of profitability and valuation metrics. With an EV to Sales ratio of 3.67 and a PEG ratio of 0.14, the financials highlight concerns about sustainability at current price levels. Overall, Alpex Solar appears to be overvalued in the current market context...."
      }
    ],
    "total": 217,
    "sid": "10039159",
    "stock_news_url": "https://www.marketsmojo.com/news/alpex-solar-10039159"
  },
  "announcements": "",
  "corporate_actions": [
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      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
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    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
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      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
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      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
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      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
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News and Views

Alpex Solar Technical Momentum Shifts Amid Sideways Market Trend

2025-12-03 08:09:42

Alpex Solar, a key player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, moving from a mildly bullish stance to a sideways trend. This change is reflected across several technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, signalling a period of consolidation after recent price fluctuations.

How has been the historical performance of Alpex Solar?

2025-12-02 23:08:32

Revenue and Profitability Growth

Alpex Solar’s net sales have surged impressively, nearly quintupling from ₹165.56 crores in March 2022 to ₹780.15 crores by March 2025. This rapid expansion reflects the company’s successful scaling of operations and market demand for its solar products. Correspondingly, total operating income mirrored this growth, with no other operating income reported during this period.

Operating profit before depreciation and interest (PBDIT) excluding other income rose sharply from ₹4.00 crores in March 2022 to ₹125.29 crores in March 2025, indicating enhanced operational efficiency and margin improvement. The operating profit margin improved from a modest 2.42% to a robust 16.06% over the same timeframe, underscoring better cost management and pr...

Alpex Solar Sees Revision in Market Evaluation Amid Mixed Performance Metrics

2025-11-29 17:52:31

Alpex Solar, a small-cap player in the Other Electrical Equipment sector, has experienced a revision in its market evaluation reflecting recent shifts in its fundamental and technical parameters. This adjustment follows a detailed reassessment of the company’s quality, valuation, financial trends, and technical outlook, providing investors with a refreshed perspective on its market standing.

Why is Alpex Solar falling/rising?

2025-11-22 01:34:07

Short-Term Price Movement and Market Context

Despite Alpex Solar’s impressive year-to-date gains of 39.73% and a one-year return of 41.63%, the stock has experienced a notable pullback in the past week, declining by 5.04% compared to the Sensex’s modest 0.61% rise. This recent underperformance is further emphasised by the stock’s drop of 1.8% on 21-Nov, underperforming its sector by 0.86% on the day. The share price currently trades above its 200-day moving average, signalling long-term strength, but remains below its shorter-term moving averages including the 5-day, 20-day, 50-day, and 100-day averages. This technical positioning suggests some near-term resistance and profit-taking pressure among investors.

Investor participation has also waned, with delivery volume o...

Is Alpex Solar overvalued or undervalued?

2025-11-21 08:50:55

Valuation Metrics and Financial Health

Alpex Solar’s price-to-earnings (PE) ratio stands at 37.2, which is elevated compared to many traditional benchmarks but moderate within its peer group. The price-to-book (P/B) ratio is 6.51, indicating that investors are paying a significant premium over the company’s net asset value. Enterprise value multiples such as EV to EBIT (26.91) and EV to EBITDA (25.07) further suggest a relatively high valuation, reflecting expectations of strong earnings growth and operational efficiency.

Importantly, the company’s return on capital employed (ROCE) is a robust 22.79%, and return on equity (ROE) is 17.51%, signalling effective capital utilisation and profitability. These figures support the premium valuation to some extent, as they demo...

How has been the historical performance of Alpex Solar?

2025-11-17 23:26:45

Answer: The historical performance of Alpex Solar shows significant growth in key financial metrics over the past four years, culminating in the fiscal year ending March 2025. Breakdown: Alpex Solar's net sales have increased dramatically from 165.56 Cr in March 2022 to 780.15 Cr in March 2025, reflecting a robust growth trajectory. The total operating income followed a similar trend, rising from 165.56 Cr in March 2022 to 780.15 Cr in March 2025. However, raw material costs also surged, reaching 605.23 Cr in March 2025, up from 134.24 Cr in March 2022. Despite these rising costs, the operating profit (PBDIT) saw a substantial increase from 6.97 Cr in March 2022 to 128.15 Cr in March 2025, indicating improved operational efficiency. The profit before tax rose significantly from 0.37 Cr in March 2022 to 112.33 Cr in March 2025, while the profit after tax increased from 0.25 Cr to 83.50 Cr in the same period...

Is Alpex Solar overvalued or undervalued?

2025-11-13 08:12:55

As of 12 November 2025, Alpex Solar's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently deemed overvalued based on its high PE ratio of 37.68, a price-to-book value of 6.60, and an EV to EBITDA ratio of 25.39. In comparison to its peers, Alpex Solar's valuation metrics are notably higher; for instance, Siemens Energy Industries has a PE ratio of 119.16 and ABB at 59.08, both categorized as very expensive, while Apar Industries is relatively more attractive with a PE of 38.39. Given these ratios and the overall valuation context, Alpex Solar appears to be overvalued. The company's recent performance has outpaced the Sensex, with a year-to-date return of 50.42% compared to the Sensex's 9.44%, which may reflect market optimism but does not mitigate the high valuation concerns....

Is Alpex Solar technically bullish or bearish?

2025-11-11 08:18:40

As of 10 November 2025, the technical trend for Alpex Solar has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some weakness in the short term. The Bollinger Bands show a sideways movement on the weekly chart, while the monthly Bollinger Bands are bullish, indicating potential for upward movement over a longer time frame. The Dow Theory reflects a mildly bearish stance on the monthly chart, which adds to the mixed signals. Overall, while there are bullish indicators, the presence of bearish signals in the weekly timeframe suggests caution....

Is Alpex Solar overvalued or undervalued?

2025-11-11 08:15:02

As of 10 November 2025, the valuation grade for Alpex Solar has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 37.37, an EV to EBITDA of 23.03, and a ROCE of 2.57%. In comparison, peer companies such as Siemens Energy Industries and ABB are classified as very expensive with PE ratios of 118.69 and 59.82, respectively, indicating that Alpex Solar's valuation is relatively lower but still excessive. Despite a strong year-to-date stock return of 49.18% compared to the Sensex's 8.16%, the fundamental ratios suggest that the company is not positioned favorably in terms of profitability and valuation metrics. With an EV to Sales ratio of 3.67 and a PEG ratio of 0.14, the financials highlight concerns about sustainability at current price levels. Overall, Alpex Solar appears to be overvalued in the current market context....

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