Alpex Solar Ltd
Incorporated in August 1993, Alpex Solar Limited is a manufacturer of Solar panels using monocrystalline and polycrystalline cell technologies.[1]
- Market Cap ₹ 1,376 Cr.
- Current Price ₹ 562
- High / Low ₹ 562 / 235
- Stock P/E 363
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 9.58 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
* 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 149 | 166 | 195 | |
| 140 | 161 | 183 | |
| Operating Profit | 9 | 5 | 12 |
| OPM % | 6% | 3% | 6% |
| 1 | 2 | 1 | |
| Interest | 4 | 4 | 5 |
| Depreciation | 2 | 3 | 2 |
| Profit before tax | 4 | 0 | 5 |
| Tax % | 9% | 39% | 29% |
| 3 | 0 | 4 | |
| EPS in Rs | |||
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 18% |
| Compounded Profit Growth | |
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| TTM: | 7879% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 |
| Reserves | 31 | 32 | 35 | 43 |
| 30 | 27 | 47 | 42 | |
| 32 | 36 | 37 | 51 | |
| Total Liabilities | 99 | 100 | 126 | 142 |
| 20 | 17 | 17 | 23 | |
| CWIP | 1 | 2 | 4 | 0 |
| Investments | 4 | 4 | 3 | 6 |
| 75 | 77 | 100 | 113 | |
| Total Assets | 99 | 100 | 126 | 142 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 2 | -1 | -7 | |
| -8 | 6 | -9 | |
| 7 | -6 | 17 | |
| Net Cash Flow | 0 | -1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 35 | 37 | 35 |
| Inventory Days | 93 | 110 | 115 |
| Days Payable | 69 | 56 | 53 |
| Cash Conversion Cycle | 58 | 91 | 97 |
| Working Capital Days | 69 | 78 | 96 |
| ROCE % | 7% | 14% |
Documents
Announcements
Annual reports
No data available.
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