Alpex Solar earnings calls.
Energy · 2 quarters tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹500 Cr
verified financial record
Quarters tracked
2
source records in the directory
Delivery assessment
0
Across 1 tracked commitments: 0 delivered, 1 missed.
Call date
Pending
latest available source date
Signal trajectory
2 actual quartersCurrent read
0/100
Across 1 tracked commitments: 0 delivered, 1 missed.
Latest source read
What changed this quarter?
Alpex Solar reported a record Q3 FY26 with revenue of ₹648 crore (up 3.45x YoY), EBITDA of ₹91 crore (up 2.45x YoY), and PAT of ₹54 crore (up 2.32x YoY). Growth was driven by strong module demand, expansion to six manufacturing locations, and backward integration into aluminium frames and solar cells. Management guided for ~2x revenue growth in FY27, targeting ₹3,000 crore+, supported by an order book of ₹1,900 crore and upcoming 2.22 GW TOPCon cell capacity (capex ₹825 crore) expected to start production by Q1 FY27. EBITDA margin was 14.03%, with slight compression due to higher input costs, but margins are expected to expand significantly once cell production begins. Key risk: overcapacity in the module market could pressure realizations, though management believes integrated players like Alpex are insulated.
Colored figures compare against the previous available record. Hover or focus one for the comparison.
Signal
Positive
Revenue
₹500 Cr
Source date
Pending
Across the record
Quarter history.
History modules