ALFA Finder| Revenue growth | H1 -2.0% YoY; Q2 YoY not given |
|---|---|
| Margins | Q2 EBITDA 13.94%, PAT 5.29%; FY26 EBITDA 14.73% |
| Demand visibility | Cites cell shortage; ALMM-II cell capacity ~22 GW |
| Management confidence | Confident on ALMM-II and ALMM-III roadmap |
Growth
H1 revenue ₹885.01 Cr vs ₹903.24 Cr (-2.0%); EBITDA -9.1%, PAT -36.7% YoY. Q2 YoY comparatives not disclosed.
Outlook
Margins expected to nearly double with cell operations; 100 MW wafer pilot by Q1 FY28; 5 GW glass by FY30.
Risks
H1 profit decline on flat revenue. Cell production only commencing. Margin recovery depends on ramp-up and execution.
Investor Presentation filed with NSE, NSE: ALPEXSOLAR. Summary written with AI assistance from the document.
Alpex Solar Ltd: key numbers
- Share price
- ₹749.55
- Market cap
- ₹1,834 Cr
- Revenue (annual)
- ₹2,223 Cr
- Net profit (annual)
- ₹201.5 Cr
- P/E (TTM)
- 9.1×Sector 21.5×
- 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.
More from Alpex Solar Ltd
All →Alpex Solar Q2 FY27 Results: Net Profit ₹20.2 Cr, Down 61.7% YoY
Alpex Solar Ltd reported revenue from operations of ₹381.6 Cr (-27.0% YoY) and net profit of ₹20.2 Cr (-61.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹20.2 Cr · -61.7% YoY
Alpex Solar Credit Rating
CRISIL Ratings has upgraded Alpex Solar Limited's long-term bank facilities to CRISIL A-/Stable and short-term facilities to CRISIL A2+, reflecting a positive credit outlook adjustment.
Alpex Solar Other Announcement
Alpex Solar Limited has filed the RTA's confirmation certificate under Regulation 74(5) for the quarter ended September 30, 2026.
Alpex Solar Annual General Meeting
Alpex Solar Limited conducted its 33rd Annual General Meeting on September 29, 2026. Shareholders discussed and transacted ordinary and special business items as per the notice.
Alpex Solar Production Started
Alpex Solar inaugurated its 2.2 GW G12R TOPCon solar cell plant in Kosi-Kotwan, Uttar Pradesh. The facility adds cell manufacturing capacity to its integrated solar value chain.
- solar cell manufacturing capacity
- 2.2 GW
Alpex Solar Annual General Meeting
Alpex Solar Limited issued a notice for its 33rd Annual General Meeting scheduled for September 29, 2026. Shareholders will vote on financial adoption and auditor appointments.