APS Peer Comparison

NSE: APS

₹224.50

₹-0.50 (-0.22%)

As on 06-Nov-2026IST

Market cap

₹453 Cr

Revenue (TTM)

₹708 Cr

P/E Ratio

7.8

P/B Ratio

2.8

Div. Yield

0 %

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	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Market cap (₹ Cr)	453	2,416	1,814	946	713
Revenue (₹ Cr)	708	1,814	2,346	1,476	1,619
Net Profit (₹ Cr)	58.06	252.04	199.31	117.71	81.80
Net Margin (%)	8.19	13.69	8.46	7.78	5.03
RoE (%)	46.02	39.64	38.80	14.66	36.21
Price to Earnings	7.80	9.58	9.07	8.08	8.93
Price-To-Book	2.76	3.17	3.19	1.11	2.73

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Operating Revenue	707.96	1,813.67	2,223.27	1,376.16	1,618.06
Total Income	708.97	1,841.02	2,231.76	1,416.07	1,621.86
Total Expenditure	613.18	1,415.12	1,903.50	1,228.14	1,435.14
EBITDA	94.78	398.55	319.77	148.02	182.92
Depreciation	9.18	15.76	24.08	5.24	25.15
EBIT	85.60	382.78	295.70	142.78	157.77
Interest	4.97	63.47	22.89	20.65	30.84
Other Income	1.02	27.34	8.48	39.91	3.80
Exceptional Items	--	--	-0.93	--	0.39
Profit before Tax	81.65	346.66	279.49	161.05	131.12
Provision for Tax	23.59	94.61	77.98	40.58	32.87
Profit after Tax	58.06	252.04	201.51	120.47	98.25

Liabilities (₹ Cr)

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Shareholder's Funds	164.19	763.43	561.80	847.80	252.95
Minority Interest	0.09	7.78	0.00	--	3.13
Non-Current Liabilities	31.67	330.77	291.47	60.13	254.11
Current Liabilities	194.98	1,459.40	529.85	774.09	671.17
Total Liabilities	390.93	2,563.27	1,384.04	1,688.00	1,181.36

Assets (₹ Cr)

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Non-Current Assets	66.84	522.82	477.06	225.18	354.95
Current Assets	324.09	2,038.57	906.05	1,456.83	826.41
Total Assets	390.93	2,563.27	1,384.04	1,688.00	1,181.36
Total Debt*	45.16	508.55	506.67	254.99	269.21
Net Current Assets	129.11	579.16	376.20	682.74	155.24
Contingent Liabilities	--	182.62	83.67	0.77	4.27

Cashflow (₹ Cr)

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Cash From Operating Activities	68.68	337.04	-115.61	-49.51	200.69
Cash Flow from Investing Activities	-45.35	-506.07	-437.24	-476.23	-225.16
Cash from Financing Activities	-19.04	185.34	553.26	537.56	88.81
Net Cash Inflow / Outflow	4.28	16.31	0.41	11.83	64.34

Ratios

Profitability Ratios

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
ROCE (%)	56.62	39.97	44.57	23.81	39.16
ROE (%)	46.02	39.64	54.06	20.85	47.87
ROA (%)	19.27	12.99	21.74	10.59	11.70
EBIT Margin (%)	13.53	23.48	14.76	13.66	11.54
Net Margin (%)	8.19	13.69	9.03	8.51	6.06
Cash Profit Margin (%)	9.28	14.77	10.15	9.14	7.63

Growth Ratios

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Revenue Growth (%)	61.31	83.73	184.98	152.61	144.34
EBIT Growth (%)	62.88	73.48	156.15	62.61	134.63
Net Profit Growth (%)	44.81	58.96	141.40	56.36	132.68
EPS Growth (%)	41.79	59.14	131.29	33.75	131.57
Book Value Growth (%)	86.26	49.51	144.52	174.24	60.56

Valuation Ratios

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Price / Earnings	9.18	2.49	9.62	10.32	10.37
Price / Book Value	3.25	4.12	3.66	1.47	3.93
Dividend Yield (%)	0.04	0.00	0.00	0.00	0.06
EV/EBITDA	5.68	7.89	7.00	4.93	6.11
Market Cap (₹ Cr)	533.23	3,137.83	1,939.36	1,243.77	995.11

Solvency Ratios

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Debt to Equity	0.28	0.67	0.96	0.30	1.06
Short term debt to equity ratio	0.11	0.19	0.44	0.21	0.14
Current Ratio	1.66	1.40	1.71	1.88	1.23
Quick Ratio	1.37	1.37	1.03	1.74	0.80
Interest Coverage	17.42	6.46	13.21	8.80	5.25

Operating Efficiency Ratios

	APS	Oriana Power	Alpex Solar	Solarworld Energy Solutions	Solex Energy
Debtors to sales (%)	23.86	37.00	11.46	25.27	22.04
Asset Turnover	2.40	0.93	2.40	1.21	1.93
Receivable days	53.37	107.20	31.07	65.24	53.14
Inventory Days	27.27	6.40	37.86	14.35	53.01
Payable days	73.82	54.49	28.14	85.36	77.03
Cash Conversion Cycle	6.81	59.11	40.79	-5.78	29.12