Alpex Solar Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Alpex Solar reported record Q3 FY26 results with revenue up 3.45x YoY to Rs. 648 Cr, EBITDA at Rs. 91 Cr, and PAT at Rs. 54 Cr. The financial results for the nine months also saw over 3x growth across key metrics. Management expressed strong confidence, expecting 2x growth for next year. Strategic backward integration into a 2.2 GW Topcon G12R cell line (Rs. 825 Cr CAPEX, starting Q1 next year) and expanded aluminum frame capacity are pivotal for margin expansion and competitive advantage. The Rs. 1,900 Cr order book provides robust short-term visibility. Management sees strong industry tailwinds, positioning Alpex favorably with its integrated approach.