LAX.SH
ALPEX SOLAR LIMITED·ELECTRICAL COMPONENTS 63.47SOLAR ENERGY 34.76·Electrical Equipment Companies
Price
815.8
-1.59%O:830
H:840
L:811
C:815.8
52W Range
6601376.75
+24%/-41%
Market Cap
₹2,083.80 Cr
Traded: ₹3.94 Cr (0.19%) 0.0x
Free Float: ₹559.92 Cr (0.70% of FF traded)
Volume · 60D trend
47.8 K 0.0x
Delivery: % 0.0x
View Delivery Data
Returns
1W:+0% 1M:-2% 3M:-14% 6M:-21% 12M:-6%
Valuation
P/E10.4
P/B3.7
P/S0.9
EV/EBIT9.7
Business Strength
ROE48.1%
ROCE51.8%
OPM14.3%
NPM9.1%
Growth (3Y CAGR)
EPS+131.3%
Sales+125.0%
Profit+276.0%
3Y Return--
Balance Sheet
Debt/Equity0.9
Debt507 Cr
Pledge6.5%
CWIP/Fixed Asset104.2%
Cash Position
CFO/NP-57.4%
FCF-447 Cr
FCF 3Y Avg-444 Cr
Cash/MCap5.0%
Others
Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle74 days
Tradeable Free Float26.9%
Growth Trends
| Metric | 10Y | 5Y | 3Y | 1Y | TTM | Trend |
|---|---|---|---|---|---|---|
| Sales | -- | +72.0% | +125.0% | -- | +117.0% | Stable |
| ROE | -- | +43.0% | +47.0% | -- | -- | Accelerating |
| Return | -- | -- | -- | -41.0% | -- | -- |
| Profit | -- | +132.0% | +276.0% | -- | +61.0% | Stable |
Quarterly Results
Revenue & Margin Trends
Annual
Quarterly
Balance Sheet Health
Leverage
Debt / Equity0.96
Interest Coverage-0.6x
Promoter Pledge6.5%
Borrowings537 Cr
Efficiency
Receivable Days42 days
Inventory Days73 days
Payable Days41 days
Cash Conversion cycle74 days
Cash Position
Operating Cash Flow-116 Cr
Investing Cash Flow-437 Cr
Financing Cash Flow553 Cr
Free Cash Flow-447 Cr
Detailed Financials
Jun 2026PDF ↗ | Mar 2026PDF ↗ | Dec 2025PDF ↗ | Sep 2025PDF ↗ | Jun 2025PDF ↗ | Mar 2025PDF ↗ | Dec 2024PDF ↗ | Sep 2024PDF ↗ | Jun 2024PDF ↗ | Mar 2024PDF ↗ | Dec 2023PDF ↗ | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 503 | 672 | 648 | 523 | 380 | 327 | 188 | 188 | 77 | 121 | 79 |
| Expenses | 429 | 583 | 558 | 445 | 318 | 274 | 151 | 158 | 73 | 106 | 71 |
| Operating Profit | 75 | 89 | 90 | 78 | 63 | 54 | 37 | 31 | 4 | 14 | 8 |
| OPM % | 15.0% | 13.0% | 14.0% | 15.0% | 16.0% | 16.0% | 20.0% | 16.0% | 5.0% | 12.0% | 10.0% |
| Other Income | 4 | 4 | 0 | 2 | 2 | 1 | 1 | 1 | 0 | -5 | 0 |
| Interest | 15 | 10 | 6 | 3 | 3 | 2 | 2 | 1 | 2 | 1 | 2 |
| Depreciation | 10 | 9 | 7 | 4 | 4 | 3 | 3 | 1 | 1 | 1 | 1 |
| Profit Before Tax | 54 | 74 | 77 | 72 | 57 | 49 | 32 | 29 | 1 | 8 | 6 |
| Tax % | 26.0% | 28.0% | 29.0% | 27.0% | 26.0% | 28.0% | 28.0% | 19.0% | 29.0% | 17.0% | 21.0% |
| Net Profit | 40 | 53 | 54 | 53 | 42 | 35 | 23 | 24 | 1 | 6 | 5 |
| Exceptional Items | 0 | 0 | -1 | 0 | 0 | -0 | 0 | 0 | 0 | -5 | 0 |
| EPS (Rs) | 15.6 | 20.9 | 21.3 | 20.6 | 17.3 | 14.4 | 9.6 | 9.7 | 0.4 | 2.6 | 2.5 |
| Sales Growth (YoY) | 32.4% | 105.5% | 244.7% | 178.2% | 393.5% | 170.3% | 138.0% | -- | -- | -- | -- |
| Sales Growth (QoQ) | -25.1% | 3.7% | 23.9% | 37.6% | 16.2% | 73.9% | 0.0% | 144.2% | -36.4% | 53.2% | -- |
| OP Growth (YoY) | 19.0% | 64.8% | 143.2% | 151.6% | 1475.0% | 285.7% | 362.5% | -- | -- | -- | -- |
| OP Growth (QoQ) | -15.7% | -1.1% | 15.4% | 23.8% | 16.7% | 45.9% | 19.4% | 675.0% | -71.4% | 75.0% | -- |
| Profit Growth (YoY) | -5.7% | 50.3% | 135.0% | 123.3% | 3889.6% | 305.1% | 418.2% | -- | -- | -- | -- |
| EPS Growth (YoY) | -9.7% | 44.6% | 122.3% | 112.8% | 3918.6% | 461.5% | 280.9% | -- | -- | -- | -- |
| EPS Growth (QoQ) | -25.2% | -1.8% | 3.1% | 19.3% | 19.8% | 50.9% | -1.3% | 2153.5% | -83.3% | 2.4% | -- |
| OP Margin | 14.9% | 13.2% | 13.9% | 14.9% | 16.6% | 16.5% | 19.7% | 16.5% | 5.2% | 11.6% | 10.1% |
| Net Margin | 8.0% | 7.9% | 8.3% | 10.1% | 11.1% | 10.7% | 12.2% | 12.8% | 1.3% | 5.0% | 6.3% |
| Material Cost % | 79.0% | 81.0% | 81.0% | 81.0% | 78.0% | 78.0% | 73.0% | 77.0% | 85.0% | 82.0% | 82.0% |
| Employee Cost % | 2.0% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% | 2.0% | 2.0% | 5.0% | 3.0% | 4.0% |
| P/S | 0.89 | 0.89 | 1.38 | 1.39 | -- | -- | -- | -- | -- | -- | -- |
| P/E | 10.41 | 9.71 | 13.78 | 12.44 | -- | -- | -- | -- | -- | -- | -- |
| P/B | 3.71 | 3.53 | 5.48 | 4.16 | -- | -- | -- | -- | -- | -- | -- |
Credit Ratings
6Concalls
11Feb 2026
28 Feb 2026Nov 2025
30 Nov 2025Sep 2025
30 Sept 2025Aug 2025
31 Aug 2025May 2025
31 May 2025Mar 2025
31 Mar 2025Dec 2024
31 Dec 2024Dec 2024
31 Dec 2024Nov 2024
30 Nov 2024Oct 2024
31 Oct 2024Jul 2024
31 Jul 2024