ALPEX SOLAR LIMITED Share Price

₹ 666.00

+₹5.60 (0.85%)
1D
Last updated 02 Nov, 2026, 15:28 IST
NSE: ALPEXSOLAR
|
Electric Equipment

ALPEX SOLAR LIMITED Share Price Today

As of 2 Nov 2026, ALPEX SOLAR LIMITED share price is ₹666.00. The stock opened at ₹655.05, compared to its previous close of ₹660.40. During today's trading session, ALPEX SOLAR LIMITED share price moved in the range of ₹650.15 to ₹667.75, with an average price of ₹658.95 for the day. Looking at its last 52-week, the stock has touched a low of ₹650.00 and a high of ₹1,319.00. On the performance front, ALPEX SOLAR LIMITED share price has declined by 39.50% over the last six months and is down 43.98% on a year-on-year basis.

Share price over the last 1 day rose from 655.00 to 666.00, ranging between 652.00 and 667.00.

₹650.15
0.85% up today
₹667.75
1D LOW
1D HIGH

ALPEX SOLAR LIMITED Stock Insights

Latest Earning
Op Profit TrendUp by 148.86% YoY
Latest Earning
Net Profit TrendUp by 141.39% YoY
Latest Earning
Revenue TrendUp by 185.02% YoY
Stock Performance
UnderperformingUnderperforming Nifty by 38.08 % in last 1 yr
Shareholding Pattern
DIIDII decreased stake by 1.01%
Shareholding Pattern
FIIFII increased stake by 5.01%
ALPEX SOLAR LIMITED stock performance
Open₹655.05
High₹667.75
Low₹650.15
Prev. close₹660.40
ALPEX SOLAR LIMITED trading activity
Volume22,700
Average traded price₹662.03
Last traded time03:28:51 02 Nov
Last traded quantity100

Circuit
L
H
₹528.35
₹792.45
52-week
L
H
₹650.00
₹1,319.00
Mkt Cap Cr
1,686.86

P/E
8.43

P/B
3.19

ROA
14.46%
ROE
35.87%

ROCE
27.5%

Quick Ratio
1.03

EV/EBITDA
6.08

Based on fundamentals, this stock's

Performance: 1 out of 5, Very Poor
Performance
Very Poor
Alpex Solar has not beaten FD return of 7%
Valuation: 3 out of 5, Fairly Valued
Valuation
Fairly Valued
Alpex Solar appears to be fairly valued compared to its peers
Earnings: 3 out of 5, Neutral
Earnings
Neutral
Alpex Solar earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
ABB India1,35,684.9370.6647.920.64%22.38%29.83%1.6949.3
BHEL1,34,877.7246.845.043.75%10.76%8.95%1.1827.09
CG Power1,26,660.2392.8314.499.44%15.74%20.93%1.5360.39
Hitachi Energy India1,22,841.44106.7823.739.55%19.09%24.84%1.3370.61
Siemens1,16,985.5935.78.4517.37%17.15%22.11%2.2923.77
GE T&D India1,02,970.5143.217.749.84%18.64%20.9%1.0817.41
SIEMENS ENERGY INDIA LTD99,001.5093.8125.2912.38%25.11%31.5%1.7960.63
WAAREE ENERGIES LIMITED66,159.8117.064.1310.25%23.05%24.02%0.929.83
Apar Industries65,745.3147.747.728.45%16.16%24.51%0.9125.98
Suzlon Energy46,159.1220.394.511.29%21.98%24.27%1.114.38

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

ALPEX SOLAR LIMITED Company Background

ISIN
INE0R4701017
Sector Market Cap
₹ 1,686.86 Cr

Alpex Solar Limited is an India-based solar panel manufacturing company. The Company is engaged in the design and manufacturing of high-power photovoltaic (PV) modules and solar energy systems. Its segment includes Manufacturing & Trading of Solar Photovoltaic Modules. It offers a range of solar panels, which include Bi-facial, Mono Perc, Half-Cut and TOpCon solar panels. It offers solutions for commercial solar power plants, solar panels for homes, and large scale power plants. Its products include solar alternating current and direct current (AC/DC) pumps, aluminum frame, solar PV modules, and junction box. Its solar AC/DC pumps are used in various applications, including agricultural irrigation, livestock watering, domestic water supply, community water projects and in remote or off-grid locations. Its wholly owned subsidiary, Alpex Green Energies Private Limited, is engaged in Engineering, Procurement & Construction (EPC) and Independent Power Producer (IPP) services.

ALPEX SOLAR LIMITED Financial Highlights

  • Revenue: ALPEX SOLAR LIMITED reported revenue of ₹2,231.75 crore in FY26 vs ₹783.01 crore in FY25. It showed an increase of 185.02% on a yearly basis.
  • Operating Profit: ALPEX SOLAR LIMITED reported an operating profit of ₹279.49 crore in FY26 vs ₹112.31 crore in FY25. It showed an increase of 148.86% on a year-on-year basis.
  • Net Profit: ALPEX SOLAR LIMITED reported a net profit of ₹201.51 crore in FY26 vs ₹83.48 crore in FY25. It showed an increase of 141.39% on a yearly basis.

ALPEX SOLAR LIMITED Quarterly Result Highlights

  • ALPEX SOLAR LIMITED reported revenue of ₹506.67 crore in Jun 2026, compared with ₹675.88 crore in Mar 2026, representing a decrease of 25.04% on a quarter-on-quarter (QoQ) basis.
  • ALPEX SOLAR LIMITED reported an operating profit of ₹53.54 crore in Jun 2026, compared with ₹73.82 crore in Mar 2026, representing a decrease of 27.47% on a quarter-on-quarter (QoQ) basis.
  • ALPEX SOLAR LIMITED reported a profit of ₹39.87 crore in Jun 2026, compared with ₹53.27 crore in Mar 2026, reflecting a decrease of 25.15% on a QoQ basis.
  • The earnings per share (EPS) of ALPEX SOLAR LIMITED stood at ₹80.52 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters
65.90%
FII
3.28%
Other DII
0.39%
Retail and other
30.43%
Mutual funds
0.00%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20253.42%
Mar 20263.22%
Jun 20263.13%
Sep 20263.28%

ALPEX SOLAR LIMITED Investment Returns

1 day
-2.02%

1 week
-2.10%

1 month
-22.04%

1 year
-43.98%

3 years
+91.17%

5 years
+91.17%

ALPEX SOLAR LIMITED Share Price History

ALPEX SOLAR LIMITED share price history by day, showing open and close prices and the percentage change
Day
Open / Close
Change %
30 Oct 26
₹674.00 / ₹660.40
-2.02%
29 Oct 26
₹680.00 / ₹674.00
-0.61%
28 Oct 26
₹695.85 / ₹678.15
-2.54%
27 Oct 26
₹690.75 / ₹695.85
+0.74%
Show more

ALPEX SOLAR LIMITED Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹2,223.27₹780.15₹412.60₹194.68
Other Income₹8.48₹2.86₹0.91₹1.24
Total Revenue₹2,231.76₹783.01₹413.51₹195.92
Total Expenses₹1,950.46₹670.68₹384.74₹190.63
Profit Before Tax₹279.49₹112.31₹33.89₹5.30
Tax₹77.98₹28.83₹7.33₹1.51
Profit After Tax₹201.51₹83.48₹26.56₹3.79
EPS - Basic₹80.52₹34.11₹14.12₹2.10
EPS - Diluted₹80.52₹34.11₹14.12₹2.10

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹280.36₹112.33₹33.89₹5.30
Income before WC changes₹327.34₹126.36₹36.97₹10.63
Change in Assets-₹474.61-₹162.04-₹47.80-₹17.08
Change in Liabilities₹80.69₹117.69₹6.94-₹0.21
Change in WC-₹393.93-₹44.35-₹40.86-₹17.29
Cash flow from Operations-₹115.61₹68.84-₹5.41-₹6.85
Cash flow from Investing-₹437.24-₹81.90-₹16.90-₹8.52
Cash flow from Financing₹553.26₹16.27₹45.61₹17.01
Total Cash Flow₹0.41₹3.20₹23.30₹1.64
Cash (Start of the year)₹29.18₹25.98₹2.68₹1.03
Cash (End of the year)₹29.59₹29.18₹25.98₹2.68

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹477.99₹139.64₹38.55₹25.63
Current Assets₹906.05₹333.97₹178.01₹99.97
Total Assets₹1,384.04₹473.61₹216.56₹125.60
Current Liabilities₹529.85₹235.82₹80.56₹75.01
Net Current Asset₹376.20₹98.15₹97.45₹24.95
Non-Current Liabilities₹292.39₹21.38₹5.06₹9.04
Equity Capital₹561.80₹216.41₹130.94₹41.55
Total Equity & Liabilities₹1,384.04₹473.61₹216.56₹125.60

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹2,218.16₹779.23₹404.43₹182.69
Other Income₹7.57₹2.89₹1.50₹1.24
Total Revenue₹2,225.73₹782.12₹405.92₹183.93
Total Expenses₹1,943.51₹670.69₹376.87₹178.69
Profit Before Tax₹281.28₹111.44₹36.46₹5.24
Tax₹77.50₹28.57₹4.88₹1.52
Profit After Tax₹203.78₹82.86₹31.58₹3.72
EPS - Basic₹81.42₹33.86₹16.79₹6.21
EPS - Diluted₹81.42₹33.86₹16.79₹6.21

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹281.28₹111.44₹36.46₹5.24
Income before WC changes₹326.30₹125.46₹37.50₹10.56
Change in Assets-₹480.12-₹120.86-₹54.22-₹18.47
Change in Liabilities₹86.23₹62.72₹8.43-₹0.33
Change in WC-₹393.89-₹58.14-₹45.79-₹18.80
Cash flow from Operations-₹116.59₹54.15-₹13.66-₹8.33
Cash flow from Investing-₹441.36-₹70.80-₹15.67-₹6.87
Cash flow from Financing₹553.08₹18.40₹53.17₹16.64
Total Cash Flow-₹4.87₹1.76₹23.84₹1.45
Cash (Start of the year)₹27.73₹25.98₹2.14₹0.70
Cash (End of the year)₹22.87₹27.73₹25.98₹2.14

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹475.02₹125.31₹59.08₹26.14
Current Assets₹900.33₹331.02₹170.99₹87.88
Total Assets₹1,375.35₹456.33₹230.07₹114.02
Current Liabilities₹520.82₹220.50₹91.52₹70.40
Net Current Asset₹379.51₹110.52₹79.48₹17.47
Non-Current Liabilities₹290.68₹19.67₹5.17₹4.30
Equity Capital₹563.85₹216.15₹133.39₹39.32
Total Equity & Liabilities₹1,375.35₹456.33₹230.07₹114.02
* All values are in INR Crore
ALPEX SOLAR LIMITED market depth
Bid quantityBid priceAsk priceAsk quantity
0000
0000
0000
0000
0000
Total bid quantity0
Total ask quantity0
ALPEX SOLAR LIMITED technical summary
Bearish indicators3
Neutral indicators2
Bullish indicators3
OverallNeutral
by SEBI experts

Expert Pick

EXPPICK
Stop-loss
Stop-loss is locked. Sign in to view.
Entry price
Entry price is locked. Sign in to view.
Target
Target is locked. Sign in to view.
Indicator
Value
Verdict

RSI (14)
22.77
Bearish

ATR (14)
31.84
Neutral

STOCH(9,6)
8.28
Bullish

STOCH RSI (14)
19.48
Bullish

ADX(9)
70.5
Bearish

UO(9)
32.36
Neutral

ROC(12)
-15.47
Bearish

WillR(14)
-93.72
Bullish
Period
Simple value
Exponential vaue

5D
679.83
679.95

10D
707.37
704.8

20D
754.8
744.57

50D
826.71
799.49

100D
844.37
832.14
Volume trend — traded volume by day
2 Nov0L
30 Oct0L
29 Oct0L
28 Oct0L
27 Oct0L
26 Oct0L
Average0L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

Compare against other stocks

ALPEX SOLAR LIMITED
Electric Equipment
Add Stock
Add Another

ALPEX SOLAR LIMITED Returns Calculator

ALPEX SOLAR LIMITED Share Price FAQs












Please be aware that ALPEX SOLAR LIMITED stock prices are subject to continuous fluctuations due to various factors.