Alpex Solar Limited

Alpex Solar Limited (ALPEXSOLAR) is a micro-cap Capital Goods company valued at ₹1,993 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Alpex Solar Limited last traded at ₹785, modestly up 0.93% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarterly results, showing revenue of ₹503 crore and net profit of ₹40 crore. Promoter holding remained at 65.90%, while foreign institutional holding decreased by 0.08 percentage points to 3.13%.

Financial performance

The company's business is growing rapidly, with annual revenue rising 185.0% year-over-year and profit increasing 142.8%. However, the latest quarter showed a slight decline in net profit, falling 5.1% compared to the same quarter a year earlier, while revenue rose 32.5%.

Valuation multiples

The stock trades at 9.9 times earnings, 4.09 times book value.

Things to watch

The company's net profit margin narrowed to 9.1% from 10.6% in the prior year. Additionally, the stock is 37.6% below its 52-week high, and the company has not paid any dividends despite reporting repeated profits.

Where it stands

Alpex Solar Limited has delivered strong revenue and profit growth over the past few years, but recent quarterly results show a slight dip in net profit. The stock is significantly below its 52-week high, and the company has not distributed any dividends to shareholders.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.