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Alpex Solar Ltd

Q2 FY27Electrical Equipment

Alpex Solar Q2 Results 2026 (FY27): Revenue ₹381.59 Cr, PAT ₹20.20 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Alpex Solar Ltd Q2 FY27 key numbers

Revenue
Q2 FY2026-27 EBITDA: ₹53.20 Crores with 13.94% margin, PAT ₹20.20 Crores with 5.29% margin.

As stated in Alpex Solar Ltd's Q2 FY27 investor presentation · published 13 Nov 2026. Reported figures, not investment advice.

Based on Alpex Solar Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹750
Market cap₹1.9K Cr
P/E9.6

The short version

Q2 FY2026-27 revenue: ₹381.59 Crores (Page 15). For Q2 FY 2026-27, reported figures are:.

From Alpex Solar Ltd's Q2 FY27 earnings-call transcript · updated 13 Nov 2026.

How did Alpex Solar's revenue grow in the September 2026 quarter?

  • Q2 FY2026-27 revenue: ₹381.59 Crores (Page 15)
  • Q2 FY2026-27 EBITDA: ₹53.20 Crores with 13.94% margin, PAT ₹20.20 Crores with 5.29% margin (Page 15)
  • H1 FY27 revenue: ₹903.24 Crores vs. ₹885.01 Crores in H1 FY26 (approx. 2% YoY growth) (Page 14)
  • H1 FY27 EBITDA: ₹144.10 Crores vs. ₹130.98 Crores in H1 FY26; PAT: ₹94.95 Crores vs. ₹60.06 Crores (Page 14)
  • Historical revenue growth from ₹194.68 Crores (FY22-23) to projected ₹2,223.27 Crores (FY25-26), an 11.44x increase (Page 16)

2 more points from Alpex Solar Ltd's call on revenue

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What happened to Alpex Solar's margins in Q2 FY27?

For Q2 FY 2026-27, reported figures are:

Locked: what Alpex Solar Ltd said on margins

Also locked on this page: fundraising

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What capex is Alpex Solar planning?

  • 5 GW Solar Glass manufacturing capacity targeted by FY 2030; phased implementation; land acquisition expected shortly; plant location: Uttar Pradesh (Page 19, 22)
  • 5 GW Ingot/Wafer manufacturing capacity targeted by FY 2030; phased implementation; 100 MW pilot plant planned to start production by end of Q1 FY 2027-28 (Page 19, 22)
  • 2.2 GW G12R TOPCon (3rd Generation) Solar Cell facility inaugurated in September 2026 at Kosi Kotwan, Uttar Pradesh; production commencing soon (Pages 5, 11, 18, 22)
  • Current Solar Module manufacturing capacity scaled from 75 MW in 2012 to 2.4 GW planned by 2025-26, with 6 manufacturing units functional by FY27 (Pages 9, 10, 22)

2 more points from Alpex Solar Ltd's call on capex

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Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

Guidance-ranked
1GP Eco Solutions
Rev 1Mar 1
2Karamtara Engineering
Rev 1Mar 2
3
Rev 1Mar 2
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Alpex Solar raising money or cutting debt?

Key relevant points from the presentation include:

Locked: what Alpex Solar Ltd said on fundraising

Also locked on this page: margins

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How big is Alpex Solar's order book?

It mentions related points indicating strong business and customer confidence: - Showcases a "High repeat order book reflecting customer confidence" (Page 13). - Emphasizes "Strong relationships" and "Long-standing partnerships built on trust, quality and consistent performance" (Page 13). - States execution of projects across "diverse geographies and segments" indicating active order inflow (Page 13).

Alpex Solar Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹672 Cr, net profit ₹53 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

More Q2 FY27 results in Electrical Equipment

All Q2 FY27 results | Electrical Equipment rankings

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What Alpex Solar's management said in earlier quarters

Earlier calls (2)

Others in Electrical Equipment this season

  • Electro Force (Q2 FY27)

    Revenue from operations for the half year ended September 30, 2026, is ₹1,128.28 lakhs, compared to ₹956.20 lakhs for the half year ended September 30, 2025…

  • Artemis Electricals & Projects (Q2 FY27)

    Revenue from operations for the quarter ended 30 September 2026: ₹1,262.11 Lakhs . Key results statement takeaways from Artemis Electricals & Projects Ltd's Q2

  • Solex Energy (Q2 FY27)

    EBITDA: ₹509.83 million (up from ₹309.75 million), ~64.7% YoY increase . Key results statement takeaways from Solex Energy Ltd's Q2 FY27 results statement — and

  • Inox Wind (Q2 FY27)

    Q2 FY27 revenue from operations: Rs 1,354 crore (up from Rs 1,119 crore in Q2 FY26), a 21% YoY increase. Key investor presentation takeaways from Inox Wind Ltd'

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Alpex Solar Ltd Q2 FY27 results?

Q2 FY2026-27 revenue: ₹381.59 Crores (Page 15). For Q2 FY 2026-27, reported figures are:.

What is Alpex Solar Ltd share price analysis?

Alpex Solar Ltd currently shows a neutral. The stock trades at a P/E of 9.6 with a market cap of ₹1,915 Cr. Investors should review the full earnings analysis for detailed insights.

Is Alpex Solar Ltd planning capital expenditure?

5 GW Solar Glass manufacturing capacity targeted by FY 2030; phased implementation; land acquisition expected shortly; plant location: Uttar Pradesh (Page 19, 22).

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.