Alpex Solar Ltd

Alpex Solar Ltd

₹ 706 5.00%
21 May 10:14 a.m.
About

Incorporated in August 1993, Alpex Solar Limited is a manufacturer of Solar panels using monocrystalline and polycrystalline cell technologies.[1]

Key Points

Business Division
A) Manufacture Solar Photovoltaic (PV) module.[1]
Co. manufactures Solar Photovoltaic cells and Solar PV modules under this division. It manufactures and delivers solar panels in the B2B space and also serves as a contract manufacturer for several large companies, including Luminous, Jakson, and Tata Power

  • Market Cap 1,727 Cr.
  • Current Price 706
  • High / Low 753 / 235
  • Stock P/E 461
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 15.4 %
  • ROE 10.0 %
  • Face Value 10.0

Pros

Cons

  • Promoter holding has decreased over last quarter: -24.8%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 27 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
138 153 183
130 149 172
Operating Profit 8 4 11
OPM % 6% 2% 6%
1 3 1
Interest 4 4 5
Depreciation 2 3 2
Profit before tax 3 0 5
Tax % 8% 36% 28%
3 0 4
EPS in Rs
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 587%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
Equity Capital 6 6 6
Reserves 29 30 33
28 20 40
30 34 35
Total Liabilities 93 89 114
20 17 15
CWIP 1 2 4
Investments 5 4 4
68 66 90
Total Assets 93 89 114

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
3 4 -8
-8 6 -7
5 -11 17
Net Cash Flow 0 -1 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023
Debtor Days 46 38 43
Inventory Days 69 91 94
Days Payable 68 56 53
Cash Conversion Cycle 47 73 84
Working Capital Days 64 63 86
ROCE % 7% 15%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2024
68.76%
4.86%
1.82%
24.55%
No. of Shareholders 2,224

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents