Alpex Solar Limited (NSE:ALPEXSOLAR)

India · Delayed Price · Currency is INR

825.10

-22.00 (-2.60%)

Oct 1, 2026, 3:29 PM IST

Alpex Solar Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	23,464	22,233	7,802	4,126	1,947	1,656
Revenue Growth	116.51%	184.98%	89.08%	111.94%	17.59%	11.46%
Gross Profit	4,583	4,345	1,776	626.02	273.65	188.58
Operating Income	3,018	2,980	1,172	338.63	95.69	39.99
Net Income	1,990	2,015	834.78	290.89	37.38	2.01
Earnings Per Share	78.71	80.50	34.11	15.47	2.08	0.11
EPS Growth	54.18%	136.01%	120.49%	644.63%	1788.67%	-93.74%

Revenue by Geography

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
India	22,233	7,793	4,119	1,947	1,656
outside India	-	8.36	7.34	-	-
Total	22,233	7,802	4,126	1,947	1,656

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	1,497	1,497	458.58	432.59	107.52	66.02
Total Debt	5,365	5,365	788.25	489.6	473.57	267
Net Cash (Debt)	-3,868	-3,868	-329.67	-57.02	-366.05	-200.98
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-152.96	-154.55	-13.47	-3.03	-20.34	-11.17

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-	-1,156	688.37	-80.16	-68.53	-11.19
Capital Expenditures	-	-3,269	-842.22	-116.73	-57.2	-13.23
Free Cash Flow	-	-4,426	-153.85	-196.88	-125.73	-24.42
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	19.53%	19.54%	22.77%	15.17%	14.06%	11.39%
Operating Margin	12.86%	13.40%	15.02%	8.21%	4.92%	2.42%
Pretax Margin	11.75%	12.57%	14.40%	8.22%	2.72%	0.20%
Profit Margin	8.48%	9.06%	10.70%	7.05%	1.92%	0.12%
FCF Margin	-	-19.91%	-1.97%	-4.77%	-6.46%	-1.47%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 3, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	10.46	9.22	16.62	27.96	-	-
PS Ratio	0.90	0.84	1.78	1.97	-	-