ALPEXSOLAR (ALPEXSOLAR) fundamentals

ALPEXSOLAR is a listed company, part of the Electric Equipment sector, listed on the NSE as ALPEXSOLAR (ISIN INE0R4701017). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What ALPEXSOLAR does

Alpex Solar Limited is an India-based solar panel manufacturing company. The Company is engaged in the design and manufacturing of high-power photovoltaic (PV) modules and solar energy systems. Its segment includes Manufacturing & Trading of Solar Photovoltaic Modules. It offers a range of solar panels, which include Bi-facial, Mono Perc, Half-Cut and TOpCon solar panels. It offers solutions for commercial solar power plants, solar panels for homes, and large scale power plants. Its products include solar alternating current and direct current (AC/DC) pumps, aluminum frame, solar PV modules, and junction box. Its solar AC/DC pumps are used in various applications, including agricultural irrigation, livestock watering, domestic water supply, community water projects and in remote or off-grid locations. Its wholly owned subsidiary, Alpex Green Energies Private Limited, is engaged in Engineering, Procurement & Construction (EPC) and Independent Power Producer (IPP) services.

Valuation and market data

Last close₹692.20
Market capitalisation₹1,732 crore
Enterprise value₹1,995 crore
P/E (TTM)8.60
Price to book3.08
Price to sales (TTM)0.44
Book value per share₹224.49
Dividend yield0.00%
SectorElectric Equipment
Industry—

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹2,232 crore₹279 crore₹202 crore80.52
Mar 2025₹783 crore₹112 crore₹83 crore34.11
Mar 2024₹414 crore₹34 crore₹27 crore14.12
Mar 2023₹196 crore₹5 crore₹4 crore2.10
Mar 2022₹169 crore₹0 crore₹0 crore0.11

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters65.9%
Foreign institutions (FII)3.1%
Mutual funds0.0%
Other domestic institutions0.4%
Retail and others30.6%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.