Stock Report

Download full stock data and analysis for free Last Updated: 30-Aug-2026

Stock Rating

Is this stock worth it? Our ratings reveal the truth.

Wealth Insight New Issue

This month’s issue could change how you invest, read now.

Recently Viewed

Clear All

Alpex Solar Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

NSE: ALPEXSOLAR

₹849.05

up-down-arrow ₹-12.15 (-1.41%)

As on 28-Aug-2026IST

Market cap

info icon

₹2,169 Cr

Revenue (TTM)

info icon

₹2,346 Cr

P/E Ratio

info icon

10.8

P/B Ratio

info icon

3.6

Div. Yield

info icon

0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -25.08 32.37 116.51 67.65 --
EBIT -18.75 10.51 74.90 338.93 --
Net Profit -25.14 -5.73 60.96 646.46 --
EPS -25.14 -9.68 53.70 581.16 --
Book Value -- -- 62.68 61.64 --
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-25Mar-24
EBIT-Margin info 9.32--12.8614.978.15
Net Margin info 6.53--8.4610.667.02
Return on equity info 30.19--38.8047.7833.34
Return on Capital info 32.50----52.3331.25
Return on Assets info 14.59--21.4623.9516.51
Debt to Equity (x) info ----0.460.330.27

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
52.33
31.25
13.90
6.55
Peer Median
--
40.42
28.46
13.90
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

38.80

Higher than Peers by 30.99

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
38.80
47.78
33.34
9.45
0.53
Peer Median
7.81
41.37
37.42
19.38
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

21.46

Higher than Peers by 15.37

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
21.46
23.95
16.51
3.31
0.20
Peer Median
6.08
17.89
11.70
4.13
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

12.86

Higher than Peers by 3.67

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
12.86
14.97
8.15
4.83
0.83
Peer Median
9.19
25.43
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

8.46

Higher than Peers by 1.50

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
8.46
10.66
7.02
1.91
0.12
Peer Median
6.96
9.09
5.85
3.54
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
11.79
7.90
2.97
1.69
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

116.51

Higher than Peers by 92.16

Year on year growth in net sales

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
116.51
89.08
111.94
17.59
11.46
Peer Median
24.34
150.05
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

74.90

Lower than Peers by 0.44

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
74.90
247.29
257.53
581.04
-77.12
Peer Median
75.35
74.90
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

60.96

Higher than Peers by 17.09

Year on year growth in profit after tax

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
60.96
186.98
678.15
1,762.58
-93.65
Peer Median
43.87
59.80
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

53.70

Higher than Peers by 2.58

Year on year growth in earnings per share

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
53.70
186.98
472.12
1,824.89
-93.84
Peer Median
51.11
58.19
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
62.68
220.96
10.00
0.52
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.46

Higher than Peers by 0.43

Total debt / Net worth

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
0.46
0.33
0.27
1.14
0.71
Peer Median
0.03
0.48
0.94
1.60
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
0.23
0.21
0.84
0.31
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.71

Lower than Peers by 0.02

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
1.71
1.52
1.87
1.32
1.56
Peer Median
1.73
1.52
1.43
1.33
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.03

Lower than Peers by 0.00

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
1.03
1.08
1.46
0.61
0.67
Peer Median
1.04
1.74
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

8.99

Lower than Peers by 4.14

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
8.99
16.35
6.37
1.99
1.08
Peer Median
13.13
7.99
6.33
3.18
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

10.86

Lower than Peers by 12.73

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
10.86
15.86
17.12
9.61
10.16
Peer Median
23.58
26.91
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

2.53

Higher than Peers by 2.21

Sales / Average Total Assets

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
2.53
2.24
2.34
1.73
1.67
Peer Median
0.32
2.74
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
45.48
39.52
33.31
34.00
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
32.60
39.81
91.02
82.72
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
35.61
23.31
41.19
61.33
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
42.47
56.02
83.13
55.39
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

10.84

Lower than Peers by 16.80

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
10.84
16.62
27.96
--
--
Peer Median
27.65
10.98
41.00
124.37
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

3.61

Higher than Peers by 0.76

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
3.61
6.41
6.11
--
--
Peer Median
2.85
3.61
14.19
16.51
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
--
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

7.40

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
7.40
11.03
20.86
3.36
3.74
Peer Median
--
14.97
87.72
226.36
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

2,169

Higher than Peers by 1,116

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Alpex Solar
2,169
1,387
813
--
--
Peer Median
1,053
821
1,295
1,233
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...