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What is the ALPEX SOLAR LIMITED (ALPEXSOLAR) share price today?

ALPEX SOLAR LIMITED (ALPEXSOLAR) is trading at ₹856.55 on the NSE, down 0.68% on the day. Source: DocStoX.

What is the PE ratio of ALPEX SOLAR LIMITED?

ALPEX SOLAR LIMITED has a price-to-earnings (PE) ratio of 10.9 in the Capital Goods sector.

What is the market capitalisation of ALPEX SOLAR LIMITED?

ALPEX SOLAR LIMITED has a market capitalisation of approximately ₹2,100 crore.

ALPEX SOLAR LIMITED

ALPEXSOLAR·NSE·Capital Goods

₹856.55▼ -5.90 (-0.68%)

Capital Goods · Other Electrical Equipment

Revenue compounding 125% a year

Day₹842.00

₹865.00

52W₹660

₹145025%

Open

₹859.20

High

₹865.00

Low

₹842.00

Prev Close

₹862.45

Volume

41.4K

VWAP

₹853.18

Snapshot

Key fundamentals

Market Cap

₹2,100 Cr

P/E Ratio

10.86Cheap

P/B Ratio

3.71

EPS

₹78.89

Book Value

₹220.00

ROE

52.00%Strong

ROCE

44.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.96Moderate

Face Value

₹10.00

52W High

₹1449.70

52W Low

₹660.00

Sector

Capital Goods

Industry

Other Electrical Equipment

Fairly Valued

Narrow moatHigh uncertainty

Fair value estimate

₹977

▲ 14.1%upside

Trading at ₹857 — 14% below our estimate

BearFair valueBull

₹625₹977₹1,124

/100

Business quality — Solid

Growth 100Profitability 70Efficiency 50Valuation 75

Plain English

Our view

Revenue compounding 125% a year
Strong returns on equity (52%)
Fundamental red flags (Piotroski 0/9)

Strengths

Strong returns on equity (52%)
Capital is working hard (ROCE 44%)
Revenue compounding 125% over 3 years
Profit growing 270% a year

Risks

Fundamental red flags (Piotroski 0/9)

How we got there

Fair value methods

Residual income

52% ROE fading to 13% over ~10 yrs, on ₹220 book

₹1,075

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹625

Analyst target

No analyst coverage

—

Blended fair value₹977

What the numbers say

Investment thesis

Bull case

Strong returns on equity (52%)
Capital is working hard (ROCE 44%)
Revenue compounding 125% over 3 years
Profit growing 270% a year
Reasonably priced at 11× earnings
Promoters hold a controlling stake

Bear case

Fundamental red flags (Piotroski 0/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

10.9Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

52.0%Strong

Above 15% is considered healthy for Indian equities

ROCE

44.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.96Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹2,100 Cr

P/B

3.71

EPS

₹78.89

Div Yield

—

What changed

Recent changes

Foreign investors-0.2% stake last quarter

What matters

News impact

Overview

Valuation

Attractive

P/E 10.9×

Growth

Strong

+125% rev CAGR

Profitability

Excellent

52.0% ROE

Financial health

Comfortable

D/E 0.96

Momentum

N/A

No technicals

Today

Trading activity

Delivery %60.9%

Turnover₹353.22L Cr

Trades301

VWAP₹853.18

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+125.1%

+71.7%

10Y

—

Profit

+269.6%

+132.1%

10Y

—

EPS

—

10Y

—

Profile

Pros

Company is expected to give good quarter
Company has delivered good profit growth of 132% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 47.5%
Debtor days have improved from 54.1 to 41.8 days.

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company might be capitalizing the interest cost

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors sold 0.21 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

66%

Promoter

Promoters

65.9%+0.01

Public

30.5%+0.18

FII / FPI

3.2%-0.21

DII

0.4%+0.01

Total shareholders

8,032+678 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter65.90%

FII3.21%

DII0.41%

Public30.48%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2008, Alpex Solar Ltd manufactures photovoltaic modules and provides all-inclusive solar energy solutions[1]