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Alpex Solar

  • Market Cap: Small Cap
  • Industry: Other Electrical Equipment
  • ISIN: INE0R4701017
  • NSEID: ALPEXSOLAR
  • BSEID:
  • View on NSE
INR
846.00
-18.3 (-2.12%)
BSENSE

Sep 23, 03:30 PM

BSE+NSE Vol: 61100

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Rishabh Instrum.
Servotech Renew
Marsons
Websol Energy
HPL Electric
Bharat Bijlee
Alpex Solar
Danish Power
Vivid Electromec
Modern Insulator
Yash Highvoltage

Why is Alpex Solar Ltd ?

1
  • PAT(Q) At Rs 39.87 cr has Fallen at -21.5% (vs previous 4Q average)
  • INTEREST(Q) At Rs 14.96 cr has Grown at 54.23%
  • OPERATING PROFIT TO INTEREST (Q) Lowest at 4.98 times
2
Despite the size of the company, domestic mutual funds hold only 0% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
3
Below par performance in long term as well as near term
  • Along with generating -100.00% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Alpex Solar for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Alpex Solar
-32.45%
-0.61
53.21%
Sensex
-8.86%
-0.66
13.50%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
74.20%
EBIT Growth (5y)
117.52%
EBIT to Interest (avg)
13.86
Debt to EBITDA (avg)
1.30
Net Debt to Equity (avg)
0.69
Sales to Capital Employed (avg)
1.93
Tax Ratio
27.68%
Dividend Payout Ratio
0
Pledged Shares
6.47%
Institutional Holding
3.52%
ROCE (avg)
27.43%
ROE (avg)
37.36%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
11
Industry P/E
0
Price to Book Value
3.85
EV to EBIT
8.44
EV to EBITDA
7.68
EV to Capital Employed
2.69
EV to Sales
1.09
PEG Ratio
0.08
Dividend Yield
NA
ROCE (Latest)
31.17%
ROE (Latest)
36.16%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company
PAT(9M)

At Rs 148.07 cr has Grown at 46.43%

NET SALES(Latest six months)

At Rs 1,175.38 cr has Grown at 66.08%

-25What is not working for the Company
PAT(Q)

At Rs 39.87 cr has Fallen at -21.5% (vs previous 4Q average

INTEREST(Q)

At Rs 14.96 cr has Grown at 54.23%

OPERATING PROFIT TO INTEREST (Q)

Lowest at 4.98 times

DEBT-EQUITY RATIO(HY)

Highest at 0.96 times

NET SALES(Q)

At Rs 503.42 cr has Fallen at -9.4% (vs previous 4Q average

PBT LESS OI(Q)

Lowest at Rs 50.29 cr.

EPS(Q)

Lowest at Rs 15.61

Loading Valuation Snapshot...

Here's what is not working for Alpex Solar

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 50.29 cr has Fallen at -26.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 68.23 Cr
MOJO Watch
Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 39.87 cr has Fallen at -21.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 50.79 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Quarterly
At Rs 14.96 cr has Grown at 54.23%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly
Lowest at 4.98 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales - Quarterly
At Rs 503.42 cr has Fallen at -9.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 555.82 Cr
MOJO Watch
Near term sales trend is negative

Net Sales (Rs Cr)

Interest - Quarterly
Highest at Rs 14.96 cr
in the last five quarters and Increased by 54.23 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 50.29 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs 15.61
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

Debt-Equity Ratio - Half Yearly
Highest at 0.96 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

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