Alpex Solar Limited

NSE: ALPEXSOLAR · Unclassified

₹710.10-5.01%06 Nov 2026

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Instant answers about Alpex Solar Limited — computed from its filings, no language model

Market cap₹1,814 cr

Current price₹710.10

High / Low₹1,285 / ₹660

P/E9.1

P/B3.23

Book value₹219.9

ROE35.6%

ROCE29.0%

Debt / equity0.90

Dividend yield—

EPS (TTM)₹78.33

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY24	FY26
Revenue	413	2,223
EBITDA	37	320
Operating margin	9.0%	14.4%
Interest	6	23
Depreciation	3	24
Profit before tax	34	280
Tax	7	78
Net profit	27	201
EPS ₹	0.00	80.52
Operating cash flow	-5	-116
Capex	12	241
Dividend paid	0	0
Total assets	—	1,384
Equity	—	562

Quarterly performance

last 5 quarters · ₹ crore

	DEC '24	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	188	523	648	672	503
Operating profit	37	78	90	89	75
Operating margin	19.7%	14.9%	14.0%	13.2%	14.8%
Other income	0	1	1	4	3
Interest	2	3	6	10	15
Depreciation	3	4	7	9	10
Profit before tax	33	72	77	74	53
Tax	9	20	23	21	14
Net profit	24	53	54	53	40
EPS ₹	9.63	21.45	21.25	20.85	15.61
Revenue YoY	—	—	245.4%	—	—
Profit YoY	—	—	130.2%	—	—

Returns & margins

trailing-twelve-month, per quarter

	JUN '26
ROE	35.6%
ROCE	29.0%
Net margin	8.5%
EBITDA margin	14.1%
Debt / equity	0.90
Interest coverage	8.99
Asset turnover	1.70

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '24	SEP '25	MAR '26
Share capital	24	26	26
Other equity / reserves	132	447	536
Total equity	156	473	562
Borrowings	33	150	507
Current liabilities	103	400	530
Non-current liabilities	4	63	292
Total assets	263	936	1,384
Property, plant & equipment	51	46	113
Capital work-in-progress	—	81	175
Investments	6	2	1
Inventories	53	189	359
Receivables	73	247	255
Cash & equivalents	43	116	30

Cash flow

annual · ₹ crore · line = free cash flow

	FY24	FY26
Cash from operations	-5	-116
Cash from investing	-17	-437
Cash from financing	46	553
Capex	12	241
Free cash flow	-17	-357
Dividends paid	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹113 cr8%

CWIP

₹175 cr13%

Investments

₹1 cr0%

Inventories

₹359 cr26%

Receivables

₹255 cr18%

Cash & equivalents

₹30 cr2%

Other assets

₹451 cr33%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Alpex Solar Limited	1,814	710.10	9.1	3.23	35.6%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-12.9%

6 months-32.6%

1 year-40.3%

3Y CAGR—

5Y CAGR—

10Y CAGR—

50-day avg₹811.63

200-day avg₹858.76

RSI (14)38

FAQs

What is the share price of Alpex Solar Limited?

Alpex Solar Limited (ALPEXSOLAR) closed at ₹710.10 on NSE on 06 Nov 2026.

What is the market cap of Alpex Solar Limited?

₹1,814 crore at the latest close.

What is the P/E ratio of Alpex Solar Limited?

9.1, on trailing-twelve-month earnings from its filings.

How fast is Alpex Solar Limited growing?

Not enough filed history yet to measure Alpex Solar Limited's growth.

How profitable is Alpex Solar Limited?

On a trailing-twelve-month basis return on equity is 35.6%, return on capital employed 29.0%, operating margin 14.1%, net margin 8.5%.

How much debt does Alpex Solar Limited have?

Alpex Solar Limited is moderately geared: debt to equity is 0.90 with borrowings of ₹507 cr against cash of ₹30 cr (balance sheet of 2026-03-31). Operating profit covers interest 9.0 times.

Financials parsed from Alpex Solar Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '24, annual from FY24, balance sheet from Sep '24. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.