Alpex Solar Limited — PPTs, 29-09-2025: Investor Presentation

Alpex Solar delivered a stellar Q1FY26, with revenue surging to Rs 380.32 Cr from Rs 76.73 Cr YoY and PAT jumping to Rs 42.29 Cr from Rs 1.06 Cr. EBITDA margins expanded significantly to 17.1%. FY25 also saw robust growth, with revenue up ~89% to Rs 780.15 Cr and PAT soaring ~187% to Rs 83.47 Cr. PV module manufacturing drives 94.1% of revenue, with 98% from domestic sales.

The company is pursuing aggressive expansion to become a fully integrated solar player. Key strategies include scaling PV module manufacturing to 3.6 GW, adding 1.6 GW PV cell capacity (MonoPERC & n-Type TopCON), and backward integrating with 12,000 T/year aluminum frame production. They also target 100 MW in IPP and 150 MW in EPC services by FY27.

Recent wins include over Rs 1694 Cr in new orders, land for a new facility in MP, and signing Rahul Dravid as Brand Ambassador. Management is focused on leveraging these integrated capabilities to drive future growth as a comprehensive solar solutions provider.