Alpex Solar Limited — PPTs, 04-12-2024: Investor Presentation

**Financial Highlights:** Alpex Solar Limited reported sales of ₹265.13 Cr, EBITDA of ₹37.59 Cr, and PAT of ₹25.12 Cr for the first half of FY25. With a market cap of ₹1962 Cr and IPO proceeds of ₹74.52 Cr, the company is maintaining robust financial health.

**Strategic Initiatives and Growth Drivers:** The company is on an aggressive expansion trajectory, aiming to increase its manufacturing capacity significantly. Plans include doubling its workforce and achieving a total solar module capacity of 2.4 GW by FY26.

**Business Developments:** Alpex is simultaneously embarking on backward integration by establishing an aluminium manufacturing plant with a capacity of 12,000 T. This complements its existing solar module production capabilities and positions Alpex favorably in the supply chain.

**Market Position and Competitive Advantage:** With the Indian solar module manufacturing capacity projected to reach 500 GW by FY30 and a government ban on foreign solar module imports initiated in 2024, Alpex is positioned to benefit substantially from favorable regulatory changes.

**Investor Implications:** Given the ambitious growth plans, including the establishment of new manufacturing facilities and the strategic focus on domestic sourcing, investors should watch closely for potential growth and increased market share in a rapidly expanding sector.