₹749.55
▼ -6.43 -0.85%
As of 13 Nov 2026 · delayed
NSE Listed
Alpex Solar Limited (ALPEXSOLAR)
Volume: 29,100Avg Vol 1W: 45,180Avg Vol 1M: 56,80552W Range:₹650₹1,293
Key Ratios
Checked 13h agoMarket Cap₹1,915 Cr
Current Price₹749.55
Previous Close₹755.98
High / Low (52w)₹1,293 / ₹650
Volume29,100
Avg Vol (1W)45,180
Avg Vol (1M)56,805
Stock P/E9.54
Book Value₹207.17
Dividend Yield0%
ROE26.95%
ROA8.63%
Revenue (TTM)₹2,232 Cr
Revenue Growth89.1%
Profit Margin7.6%
Total Debt₹14 Cr
Shares Outstanding3 Cr
Face Value₹10
EPS (TTM)₹78.58
P/B3.62
Debt / Equity0.79
50 DMA₹802.8
200 DMA₹861.5
Day change-0.85%
Price Chart
₹749.55▼ 39.94% · 1Y
2025-11-142026-11-13
20-day avg volume: 57K shares
Pros
- Healthy return on equity of 26.9%.
- Company is almost debt-free.
Cons
- Revenue fell 33% YoY.
Quarterly Results
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹188 Cr | ₹327 Cr | ₹380 Cr | ₹523 Cr | ₹648 Cr | ₹672 Cr | ₹503 Cr | ₹382 Cr |
| EBITDA | ₹34 Cr | ₹52 Cr | ₹61 Cr | ₹75 Cr | ₹85 Cr | ₹83 Cr | ₹68 Cr | ₹42 Cr |
| Net Profit | ₹23 Cr | ₹35 Cr | ₹42 Cr | ₹53 Cr | ₹54 Cr | ₹53 Cr | ₹40 Cr | ₹20 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹783 Cr | ₹380 Cr | ₹522 Cr | ₹647 Cr | ₹669 Cr | ₹2,232 Cr | ₹501 Cr | ₹377 Cr |
| EBITDA | ₹120 Cr | ₹61 Cr | ₹75 Cr | ₹85 Cr | ₹84 Cr | ₹304 Cr | ₹67 Cr | ₹42 Cr |
| Net Profit | ₹83 Cr | ₹43 Cr | ₹52 Cr | ₹55 Cr | ₹55 Cr | ₹201 Cr | ₹39 Cr | ₹20 Cr |
| EPS | 34.11 | — | — | — | — | 80.52 | — | — |
Balance Sheet
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹78 Cr | ₹99 Cr | ₹100 Cr | ₹126 Cr | ₹217 Cr | ₹474 Cr | ₹1,384 Cr |
| Total Liabilities | ₹43 Cr | ₹62 Cr | ₹62 Cr | ₹84 Cr | ₹86 Cr | ₹257 Cr | ₹822 Cr |
| Equity | ₹35 Cr | ₹38 Cr | ₹38 Cr | ₹42 Cr | ₹131 Cr | ₹216 Cr | ₹562 Cr |
| Total Debt | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | ₹8 Cr | ₹3 Cr | ₹0 Cr | ₹-7 Cr | ₹-4 Cr | ₹82 Cr | ₹-67 Cr |
| Investing | ₹-1 Cr | ₹-8 Cr | ₹6 Cr | ₹-9 Cr | ₹-17 Cr | ₹-82 Cr | ₹-437 Cr |
| Financing | ₹-6 Cr | ₹7 Cr | ₹-6 Cr | ₹17 Cr | ₹46 Cr | ₹16 Cr | ₹553 Cr |
| Free Cash Flow | ₹8 Cr | ₹3 Cr | ₹0 Cr | ₹-7 Cr | ₹-4 Cr | ₹82 Cr | ₹-67 Cr |
Shareholding
Promoter 65.9% Institutions 3.68% Public 30.43%
Efficiency & Working Capital
ROCE18.4%
Interest Coverage11.1
Dividend Payout—
Debtor Days42 d
Inventory Days59 d
Payable Days33 d
Cash Conversion Cycle68 d
Working Capital Days101 d
Shareholding Details
As of 2026-09-30
Promoter65.9%
FII3.3%
DII0.4%
Institutions3.7%
Public30.4%
Promoter Pledge6.5%
No. of Shareholders8,423
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jan 2024 | Feb 2024 | Feb 2024 | Mar 2024 | Sept 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 93.5% | 68.8% | 68.8% | 68.8% | 68.8% | 68.8% | 68.8% | 65.9% | 65.9% | 65.9% | 65.9% | 65.9% |
| FIIs | 0% | 6.1% | 6.1% | 4.9% | 0.7% | 1.5% | 1.7% | 3% | 3.4% | 3.2% | 3.1% | 3.3% |
| DIIs | 0% | 5.1% | 1% | 0% | 0% | 0% | 0% | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% |
| Public | 6.5% | 20.1% | 24.2% | 26.4% | 30.5% | 29.8% | 29.6% | 30.8% | 30.3% | 30.5% | 30.6% | 30.4% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6.5% | 6.5% | 6.5% |
| No. of Shareholders | 11 | 2,562 | 2,562 | 2,224 | 4,544 | 5,730 | 6,010 | 6,397 | 7,354 | 8,032 | 8,517 | 8,423 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Ashwani Sehgal | Shareholding of Promoter and Promoter Group | 21.9% | 55,91,652 |
| Monica Sehgal | Shareholding of Promoter and Promoter Group | 14.1% | 35,89,200 |
| Zyconic Private Limited | Shareholding of Promoter and Promoter Group | 10% | 25,50,000 |
| Vipin Sehgal | Shareholding of Promoter and Promoter Group | 9.9% | 25,22,076 |
| Ashwani Sehgal (huf) | Shareholding of Promoter and Promoter Group | 3.8% | 9,69,000 |
| Udaya Fibers Private Limited | Shareholding of Promoter and Promoter Group | 3.2% | 8,25,000 |
| Anita Bhagwati Sikka | Shareholding of Promoter and Promoter Group | 2.5% | 6,35,572 |
| Bhagwati Charan R Sikka | Public Shareholding | 2.3% | 5,88,400 |
| Diwakar Bhagwati Gandhi | Public Shareholding | 1.4% | 3,60,000 |
| Astorne Capital Vcc - Arven | Public Shareholding | 1.2% | 3,00,000 |
| Venus Investments Vcc - Venus Stellar Fund | Public Shareholding | 1.2% | 3,00,000 |
| Aditya Sehgal | Shareholding of Promoter and Promoter Group | 0.3% | 75,000 |
| Udaya Sehgal | Shareholding of Promoter and Promoter Group | 0.3% | 75,000 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Zyconic Private Limited | 10,89,800 | 0% | 2026-09-30 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| ASHWANI SEHGAL | Chairman / Executive Director / M D / Promoter | 2025 |
| MONICA SEHGAL | E D & Wholetime Director | 2025 |
| Vipin Sehgal | Executive Director | 2025 |
| Deepak Verma | Independent Non Exe. Director | 2025 |
| Indrajeet S Khanna | Independent Non Exe. Director | 2025 |
| Mukesh Malhotra | Independent Non Exe. Director | 2025 |
| Sakshi Tomar | Company Sec. & Compli. Officer | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Import and Trading of Circular Knit | ₹2 Cr | 0.9% |
| Solar Panel Manufacturing; Trading | ₹181 Cr | 99.1% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| India | ₹2,218 Cr | 100% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹10 | 30 | 26 | 26 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | 2026-08-14 | Board Meetings | — |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 17 | 0 | 17 |
| 2025 | 0 | 0 | 0 | 3 | 0 | 3 |
| 2025 | 0 | 0 | 0 | 0 | 0 | 0 |
Company Information
🌐 www.alpexsolar.com ↗
📍 B-79, Shivalik Enclave Near-, Malviya Nagar, New Delhi, New Delhi, 110017
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search