ALFA Finder| Management target | Revenue 81.8% FY28 |
|---|
| Revenue growth | Reported 500 Cr revenue for Q1 FY27, sustaining strong FY26 momentum. |
|---|---|
| Margins | Margins expected to jump as 35-40% EBITDA cell business commences. |
| Order book | 350 Cr in solar pump orders alone; module demand remains robust. |
| Demand visibility | Strong domestic appetite; integration protects against global supply chain volatility. |
| Management confidence | Extremely high, emphasizing first-mover advantage in high-efficiency G12R TopCon cells. |
Growth
Revenue hit 500 Cr this quarter, matching FY26's total quarterly average; EBITDA margins stable at 15.5%.
Outlook
Management expects 4,000 Cr revenue for FY28 once the 2.2GW cell line reaches full capacity.
Risks
Policy shifts (ALMM/ALWM) and intense Chinese dumping remain existential threats to standalone module manufacturers.
Earnings Call Transcript filed with NSE, NSE: ALPEXSOLAR. Summary written with AI assistance from the document.
Alpex Solar Ltd: key numbers
- Share price
- ₹753.10
- Market cap
- ₹1,843 Cr
- Revenue (annual)
- ₹2,223 Cr
- Net profit (annual)
- ₹201.5 Cr
- P/E (TTM)
- 9.2×Sector 21.7×
- Promoter holding
- 65.90%+0.00% QoQ
- FII holding
- 3.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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