Alpex Solar share price
NSE: ALPEXSOLARElectrical Equipment
Alpex Solar Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2024 · Issue price ₹115
Last close ₹678.15down ₹17.70 (2.54%)
Share price at the NSE close on 28 Oct 2026. Previous close ₹695.85.
28 Oct: open ₹695.85, high ₹695.85, low ₹676.00
52-week range of traded prices to 28 Oct 2026
₹650.00Low, 26 Oct 2026₹1,319.00High, 3 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹1,732 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 8.66
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.08
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 51.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 28.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.90
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 21,10073.9% delivered
Results
Consolidated; ₹ crore.Alpex Solar quarterly results
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹503 Crdown 25.08%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹40 Crdown 25.16%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.9%
Revenue by quarter
Peak revenue ₹672 Cr, quarter to Mar 2026; lowest ₹188 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 188 | 327 | 380 | 523 | 648 | 672 | 503 |
| Net profit | 24 | 35 | 42 | 53 | 54 | 53 | 40 |
| Net margin | 12.6% | 10.8% | 11.1% | 10.1% | 8.4% | 7.9% | 7.9% |
Consolidated. The 7 quarters from Dec 2024, the first on record; the half years before them are below. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
| ₹ crore | Sep 2024 |
|---|---|
| Revenue | 265 |
| Net profit | 25 |
| Net margin | 9.5% |
Consolidated. The half years in the same span that the quarters on record do not fully cover.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,223 Crup 184.98%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹202 Crup 141.40%
- Net margin
- 9.1%
Revenue by year
Peak revenue ₹2,223 Cr, year to Mar 2026; lowest ₹413 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 413 | 780 | 2,223 |
| Net profit | 27 | 83 | 202 |
| Net margin | 6.4% | 10.7% | 9.1% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Single Segment Reporting, which carries all its revenue. From the quarter to Jun 2026 it reports 2 businesses, by share of revenue: Solar Panel, 84.2% and Solar Pump and EPC, 15.8%.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Alpex Solar PE ratio and valuation
Price to earnings
At or below today's level on 1% of 243 trading days over the last year.
LowestHighest
Its median11.92Industry median22.65
Price to book
At or below today's level on 1% of 243 trading days over the last year.
LowestHighest
Its median4.23Industry median3.33
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +33.9% | +131.2% | −42.1% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Alpex Solar insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Alpex Solar competitors and peers
Other Electrical Equipment, 84 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Alpex Solar in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Oriana PowerORIANA | 2,385 | 9.49 | 3.12 | +83.7% | +58.5% | 39.5% | – | 0.00% |
 Modern InsulatorsMODINSU | 2,095 | 22.25 | 3.86 | +41.8% | +103.4% | 18.7% | 17.0% | 0.00% |
 Advait Energy TransitionsADVAIT | 1,848 | – | 6.64 | +69.4% | – | – | 24.0% | 0.12% |
 Schneider Electric President SystemsSELECTRIC | 1,813 | – | – | – | – | – | – | 0.00% |
 Insolation EnergyINA | 1,572 | – | – | – | – | – | – | 0.00% |
 HINDUSTHAN INSULATORS and INDUSTRIESHIIL | 1,563 | 12.25 | 3.04 | +71.8% | – | 28.3% | 24.6% | 0.02% |
 Servotech Renewable Power SystemSERVOTECH | 1,481 | 39.55 | 5.14 | +7.4% | +11.8% | 14.3% | 11.0% | 0.03% |
 ModisonMODISONLTD | 1,201 | 10.61 | 3.73 | +84.8% | +255.8% | 41.3% | 29.7% | 1.89% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Alpex Solar announcements
Oct 2026
19 Oct · Rating
Sep 2026
29 Sep · Meeting
Alpex Solar share price by year
Each calendar year to 2025.Alpex Solar share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 821.55 | −3.1% | 1,356.45 | 514.75 |
| 2024 | 848.15 | – | 1,084.75 | 257.95 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 15 Feb 2024.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 690.75 | 709.95 | 690.75 | 695.85 | 697.96 | 23,400 | 73.1% |
| 26 Oct 2026 | 667.35 | 724.90 | 650.00 | 690.75 | 683.49 | 53,500 | 68.4% |
| 23 Oct 2026 | 706.75 | 717.90 | 670.00 | 674.55 | 685.23 | 78,800 | 81.9% |
| 22 Oct 2026 | 727.10 | 750.00 | 695.00 | 713.00 | 720.58 | 52,200 | 70.3% |
| 21 Oct 2026 | 763.30 | 768.65 | 721.05 | 743.40 | 748.66 | 32,800 | 76.8% |
| 19 Oct 2026 | 775.55 | 775.55 | 762.05 | 763.30 | 766.83 | 39,300 | 87.0% |
| 16 Oct 2026 | 776.00 | 795.00 | 775.00 | 780.30 | 785.42 | 1,05,500 | 90.1% |
| 15 Oct 2026 | 797.95 | 797.95 | 770.00 | 777.75 | 779.19 | 83,800 | 86.4% |
| 14 Oct 2026 | 785.15 | 797.80 | 785.15 | 790.80 | 791.13 | 14,000 | 60.7% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- ALPEXSOLAR
- ISIN
- INE0R4701017
- Industry
- Electrical Equipment