Debut Plus

₹856.55

▼ -5.86 -0.68%

18 Jul 2026

NSE Listed

Alpex Solar Limited (ALPEXSOLAR)

Volume: 44,700Avg Vol 1W: 80,640Avg Vol 1M: 64,16552W Range:₹660₹1,449.7
NSE BSE www.alpexsolar.com
Key Ratios
Checked 21h ago
Market Cap₹2,203 Cr
Current Price₹856.55
Previous Close₹862.41
High / Low (52w)₹1,449.7 / ₹660
Volume44,700
Avg Vol (1W)80,640
Avg Vol (1M)64,165
Stock P/E41.36
Book Value₹219.94
Dividend Yield0%
ROE35.87%
ROA14.63%
Revenue (TTM)₹783 Cr
Revenue Growth89.1%
Profit Margin9.11%
Total Debt₹14 Cr
Shares Outstanding3 Cr
Face Value₹10
EPS (TTM)₹79.16
P/B3.92
Debt / Equity0.37
50 DMA₹923.78
200 DMA₹940.02
Day change-0.68%
Price Chart
₹856.55▼ 27.14% · 1Y
₹1356₹6946.3L
2025-07-17
2026-07-16

20-day avg volume: 64K shares

Pros
  • Healthy return on equity of 35.9%.
  • Company is almost debt-free.
Cons
  • Revenue fell 33% YoY.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹77 Cr₹188 Cr₹188 Cr₹327 Cr₹380 Cr₹523 Cr₹648 Cr₹672 Cr
EBITDA₹3 Cr₹30 Cr₹34 Cr₹52 Cr₹61 Cr₹75 Cr₹85 Cr₹83 Cr
Net Profit₹1 Cr₹24 Cr₹23 Cr₹35 Cr₹42 Cr₹53 Cr₹54 Cr₹53 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹100 Cr₹150 Cr₹169 Cr₹196 Cr₹414 Cr₹783 Cr
EBITDA₹7 Cr₹8 Cr₹4 Cr₹11 Cr₹35 Cr₹120 Cr
Net Profit₹3 Cr₹3 Cr₹0 Cr₹4 Cr₹27 Cr₹83 Cr
EPS5.311.760.112.114.1234.11
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹78 Cr₹99 Cr₹100 Cr₹126 Cr₹217 Cr₹474 Cr
Total Liabilities₹43 Cr₹62 Cr₹62 Cr₹84 Cr₹86 Cr₹257 Cr
Equity₹35 Cr₹38 Cr₹38 Cr₹42 Cr₹131 Cr₹216 Cr
Total Debt——————
Cash Flow
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹8 Cr₹3 Cr₹0 Cr₹-7 Cr₹-4 Cr₹82 Cr
Investing₹-1 Cr₹-8 Cr₹6 Cr₹-9 Cr₹-17 Cr₹-82 Cr
Financing₹-6 Cr₹7 Cr₹-6 Cr₹17 Cr₹46 Cr₹16 Cr
Free Cash Flow₹8 Cr₹3 Cr₹0 Cr₹-7 Cr₹-4 Cr₹82 Cr
Shareholding
Promoter 65.9% Institutions 3.62% Public 30.48%
Efficiency & Working Capital
ROCE27.5%
Interest Coverage14.6
Dividend Payout—
Debtor Days58 d
Inventory Days48 d
Payable Days51 d
Cash Conversion Cycle54 d
Working Capital Days106 d
Shareholding Details

As of 2026-03-31

Promoter65.9%
FII3.2%
DII0.4%
Institutions3.6%
Public30.5%
Promoter Pledge6.5%
No. of Shareholders8,032
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodNov 2023Jan 2024Jan 2024Feb 2024Feb 2024Mar 2024Sept 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters93.5%93.5%93.5%68.8%68.8%68.8%68.8%68.8%68.8%65.9%65.9%65.9%
FIIs0%0%0%6.1%6.1%4.9%0.7%1.5%1.7%3%3.4%3.2%
DIIs0%6.5%0%5.1%1%0%0%0%0%0.3%0.4%0.4%
Public6.5%0%6.5%20.1%24.2%26.4%30.5%29.8%29.6%30.8%30.3%30.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%6.5%
No. of Shareholders1111112,5622,5622,2244,5445,7306,0106,3977,3548,032
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Ashwani SehgalShareholding of Promoter and Promoter Group21.9%55,91,652
Monica SehgalShareholding of Promoter and Promoter Group14.1%35,89,200
Krishma Machine Tools Pvt. Ltd.Shareholding of Promoter and Promoter Group10%25,50,000
Vipin SehgalShareholding of Promoter and Promoter Group9.9%25,22,076
Ashwani Sehgal (huf)Shareholding of Promoter and Promoter Group3.8%9,69,000
Udaya Fibers Private LimitedShareholding of Promoter and Promoter Group3.2%8,25,000
Anita Bhagwati SikkaShareholding of Promoter and Promoter Group2.5%6,35,572
Bhagwati Charan R SikkaPublic Shareholding2.3%5,94,000
Diwakar Bhagwati GandhiPublic Shareholding1.4%3,60,000
Astorne Capital Vcc - ArvenPublic Shareholding1.2%3,11,000
Venus Investments Vcc - Venus Stellar FundPublic Shareholding1.2%3,00,000
Aditya SehgalShareholding of Promoter and Promoter Group0.3%75,000
Udaya SehgalShareholding of Promoter and Promoter Group0.3%75,000
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Ashwani Sehgal00%2026-03-31
Monica Sehgal00%2026-03-31
Vipin Sehgal00%2026-03-31
Ashwani Sehgal (huf)00%2026-03-31
Anita Bhagwati Sikka00%2026-03-31
Aditya Sehgal00%2026-03-31
Udaya Sehgal00%2026-03-31
Krishma Machine Tools Pvt. Ltd.10,89,8000%2026-03-31
Udaya Fibers Private Limited00%2026-03-31
Astorne Capital Vcc - Arven00%2026-03-31
Venus Investments Vcc - Venus Stellar Fund00%2026-03-31
Bhagwati Charan R Sikka00%2026-03-31
Board of Directors
NameDesignationYear
ASHWANI SEHGALChairman / Executive Director / M D / Promoter2025
MONICA SEHGALE D & Wholetime Director2025
Vipin SehgalExecutive Director2025
Deepak VermaIndependent Non Exe. Director2025
Indrajeet S KhannaIndependent Non Exe. Director2025
Mukesh MalhotraIndependent Non Exe. Director2025
Sakshi TomarCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Import and Trading of Circular Knit₹2 Cr0.9%
Solar Panel Manufacturing; Trading₹181 Cr99.1%
Segments — Geography
RegionRevenueShare
India₹778 Cr99.9%
Outside India₹1 Cr0.1%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10252424
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500017017
2025000303
2025000000
Company Information
Incorporated1993
ChairmanASHWANI SEHGAL
AuditorSeth & Seth
Investor Email[email protected]
🌐 www.alpexsolar.com ↗

📍 B-79, Shivalik Enclave Near-, Malviya Nagar, New Delhi, New Delhi, 110017

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