Alpex Solar Ltd
Alpex Solar Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #11 of 58 in Electrical Equipment
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Alpex Solar Ltd Q4 FY26 key numbers
- Revenue
- The 2.2 GW cell capacity is expected to generate about Rs. 1,350 crores revenue from 1 GW at current TOPCon cell prices.
As stated in Alpex Solar Ltd's Q4 FY26 earnings call transcript · published 1 Jun 2026. Reported figures, not investment advice.
The short version
Alpex Solar aims to exceed its revenue guidance of Rs. Revenue for FY27 is guided to exceed Rs.
From Alpex Solar Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Alpex Solar aims to exceed its revenue guidance of Rs. 3,000 crores for FY27, boosted by the upcoming 2.2 GW cell line becoming operational within 90 days.
- The company targets to grow module capacity from 2.4 GW in FY26 to around 3.6 GW in FY27, with plans to further expand to 5 or 5.5 GW in coming years.
- Long-term focus includes backward integration into wafer, ingot, and glass manufacturing with 5 GW capacity targeted around FY30.
- The 2.2 GW cell capacity is expected to generate about Rs. 1,350 crores revenue from 1 GW at current TOPCon cell prices.
2 more points from Alpex Solar Ltd's call on revenue
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Profitability & Margins
See what Alpex Solar Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Setting up a 2.2 GW TOPCon solar cell manufacturing line in Kosi, Uttar Pradesh, operational within the next 90 days.
- Planning a 5 GW solar glass manufacturing line targeted for FY2030.
- Planning a 5 GW wafer and ingot manufacturing facility expected around 2029-30.
- A 200 MW pilot wafer and ingot project planned to be operational by April 2027 to absorb technology.
- 2.5 GW manufacturing capacity of ingot and wafer to be operational by June 2028, with further expansions to follow.
- Expanding aluminum frame capacity from current 12,000 MT to double or triple within the year using internal accruals.
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
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Alpex Solar Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at around Rs. 1,900 crores.
- The company is deliberately not taking more orders currently to focus on capitalizing on the cell business.
- Guidance for FY27 order book is approximately Rs. 3,000 crores based on old estimates.
2 more points from Alpex Solar Ltd's call on order book
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What the Q4 FY26 call signalled
3 of 4 strong
Alpex Solar Ltd — Quarterly revenue & net profit
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.
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What Alpex Solar Ltd's management said in earlier quarters
Others in Electrical Equipment this season
- Akanksha Power & Infrastructure Ltd (Q4 FY26)
Reported sales for FY 2025-26: ₹91.62 Crore, a 16.36% increase from ₹78.74 Crore in FY 2024-25. Key investor presentation takeaways from Akanksha Power's Q4 FY2
- Vivid Electromech Ltd (Q4 FY26)
Revenue for H2 FY26: ₹130.20 Crore, up 28.16% YoY from H2 FY25. Key investor presentation takeaways from Vivid Electromech Ltd's Q4 FY26 investor presentation —
- Eppeltone Engineers Ltd (Q4 FY26)
1,347.4 Mn, reflecting 8.4% YoY growth over FY25 (Rs. Key investor presentation takeaways from Eppeltone Engineers's Q4 FY26 investor presentation — and how it
- Aartech Solonics (Q4 FY26)
Standalone: ₹1,746.10 Lakhs (vs ₹1,012.96 Lakhs in Q4FY25) . Key investor presentation takeaways from Aartech Solonics's Q4 FY26 investor presentation — and how
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Alpex Solar Ltd Q4 FY26 results?
Alpex Solar aims to exceed its revenue guidance of Rs. Revenue for FY27 is guided to exceed Rs.
What is Alpex Solar Ltd share price analysis?
Alpex Solar Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 9.9 with a market cap of ₹1,985 Cr. Investors should review the full earnings analysis for detailed insights.
Is Alpex Solar Ltd planning capital expenditure?
Setting up a 2.2 GW TOPCon solar cell manufacturing line in Kosi, Uttar Pradesh, operational within the next 90 days.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.