Alpex Solar Ltd. · NSE:ALPEXSOLAR
Alpex Solar — Investor Presentation (September 2025)
23 slides from Alpex Solar's investor presentation, September 2025
Slide 1: Alpex Solar Limited Investor Presentation September 2025
ALPEXSOLARLI MITED THENEXTLEVEL I NVESTORPRESENTATION SEPTEMBER2025
Slide 2: Disclaimer
Thispr es ent ationhasbeenpr epar edbyAl pexSol arLimi t ed( “ALPEXSOLAR”ort he“ Company” )solelyforinformat i onpur pos es .I tdoesnot cons ti tut eanof fer,recommendat i onori nvitati ont opur chas eors ubs cribet oanys ecuriti es.Its hallnotf orm thebas isorber eli edoni n connect ionwi thanycont
Slide 3: An Emerging Solar Powerhouse
ANEMERGI NGSOLARPOWERHOUSE 1 8+ 3 375+ 1 .2GW 21 K+ 98% Year sinsolar Founderswi th Peopleincl uding Manufact uri ng Sol arPump Revenuederi vedfr om PVmanufacturi ng 80+yrsofcumulati ve reputedindustr y capaci tyofPVsol ar i nst all ati onexper ience domesti csal es experi ence pr ofessi onals modul
Slide 4: Mega Expansion Plans
MEGA EXPANSION apex. 7 Target solar cell i manufacturing (Sy 12,000 T~~ Aluminium Frame llcors Engineering, Procurement & Construction Independent power 7 production
Slide 5: Our Performance Reflects Our Discipline: Q1 FY25 vs Q1 FY26
OURPERFORMANCEREFLECTSOURDI SCI PLI NE Q1 FY25vsQ1FY26 ON ACONSOLI DATED BASI S Revenuef rom oper ati ons( RS.CR. ) EBI TDA ( Rs.Cr .) 380. 32 64. 86 4. 31 76. 73 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 PAT( Rs.Cr .) EBI TDA Mar gin( %) PATMar gin( %) 42. 29 1 7.1 % 1 1. 1% 5. 6% 1 .4% 1 .06 Q1 FY25 Q1 FY
Slide 6: Our Performance Reflects Our Discipline: FY24 vs FY25
OURPERFORMANCEREFLECTSOURDI SCI PLI NE FY24vsFY25 ON ACONSOLI DATED BASI S Revenuef rom oper ati ons( RS.CR. ) EBI TDA ( Rs.Cr .) 780. 15 1 28. 15 41 2.60 38. 63 FY24 FY25 FY24 FY25 PAT( Rs.Cr .) EBI TDA Mar gin( %) PATMar gin( %) 83. 47 1 6.4% 1 0.7% 9. 4% 29. 08 7. 1% FY24 FY25 FY24 FY25
Slide 7: Management Speaks
MANAGEMENTSPEAKS ASHW ANISEHGAL Pr esi dent&Managi ngDi rect or Year2024- 25wasapi votalyearf orthecompany.Wes etours i ghtsonan audaci ousvi si on t hatcompr isesbui l ding s calei n ourexi sti ng pr oduct verti cal sand vent uring intos olarcellmanuf acturing,t herebymar king a significants hiftino
Slide 8: Key Highlights Q1 FY26
KEYHI GHLI GHTS Q1FY26 LAND ALLOTMENTFORMANUFACTURI NG EXPANSION All ott ed~20acr esi nMPatconcessi onalleasef ora new renewabl eener gyequipmentfacil it yboosting capacit yandsuppor ti ngsectorgr owt h. BRAND AMBASSADOR: Alpexsi gnedRahulDravi d,aGl obalCri cket ing Legendandfor merI ndi anCapt a
Slide 9: Our New Expansion Sites
OURNEW EXPANSI ONSI TES
Slide 10: About Alpex Solar
alpex POWER FOREVER i : UV
Slide 11: A Journey of Over Three Decades
AJOURNEYOFOVERTHREEDECADES 1 993 2007 2008 201 01 1 201 2 I ncorporat edbyfir st - Setti ngupofanaut omaticl ine,in Commencedmanufact uri ng - Team s trengt hupt o150. - Openi ngofbr anchesi nPat na, Jai purandUP. generat iontechprenuer’ s- HimachalPrades hf or ofSol arPVpanel s - Commis sioni ngofs
Slide 12: Promoter Group Professional Team
PROMOTERGROUP ASHW ANISEHGAL MONI CASEHGAL VI PIN SEHGAL ADI TYASEHGAL Pr esi dent&Managi ngDi rect or W hol eTi meDi rect or Execut iveDi rect or CEO Afir stgenerati onent r epr eneurwi thmor ethan Shehas30year sofexper i ence. Shehol dsa Hehasmor ethantwodecadesofexper iencein Asecond-generati onen
Slide 13: We Offer World Class Solar Energy Solutions
WEOFFERWORLD CLASSSOLARENERGYSOLUTI ONS MANUFACTURI NG EPCSERVI CESOF OFSOLARPVMODULES AC/ DCSOLARPUMPS 94. 1% 5. 9% OFTOTALREVENUES OFTOTALREVENUES I N Q1 FY26 I N Q1 FY26 Amongt het opwhi te-l abelmanuf acturersint hecount ry. I ns tall edover21 , 000+wat erpumpsal loverIndia. • FirstCompanyi nIn
Slide 14: Pan India Player with Demonstrated Manufacturing Prowess
PAN INDI APLAYERWITHDEMONSTRATED MANUFACTURI NGPROWESS Manuf act uri ngFaci li ti es Suraj purIndust rialAr ea,Gr eat erNoi da–NCR Uni tI (9, 000Sq.Mtr. ) A-2/ 2Indust rialAr ea,KosiKot wanExt -II ,Mat hur a,UP. Uni tII ( 25,873. 27Sq.Mtr. ) AdjacenttoUni tII,KosiKot wan,Mat hur a,UP Uni tII I ( 17
Slide 15: Catering to Marquee Clientele as a Preferred Partner
CATERI NGTOMARQUEECLI ENTELEASAPREFERREDPARTNER
Slide 16: Favourable Regulations Across Verticals
F AVOURABLEREGULATI ONSACROSSVERTI CALS Tot alsolarmodul emanufact uingcapaci tyi nIndi aispr oject ed toreach500GW byFY30. AllI PPsmustbuyessenti all yonlyfr om ALMM ( Appr ovedLi st ofModel sandManuf act urers) ,Mini str yofNew and TheGover nmentofI ndiaw.e. f01 .Apri l2024hasbannedt he i mportofs
Slide 17: Ongoing Expansion: Solar Modules & Aluminium Frames
ONGOI NGEXPANSI ONSOLARMODULES&ALUMI NIUM FRAMES MODULEMANUFACTURI NG EXPANSI ON I N THREEPHASES Fi rstphase-att heExist ing Secondphase-InFY2025-26, Thir dphase-ByFY2026-27, Pl ant-Great erNoida. Alpex’ stot alhi gh-powersol ar capaci tywi llbeexpanded modulecapaci tywillr each2. 4GW. to3. 6GW Cap
Slide 18: Initiating the Next Level: Solar Cell
I NITI ATI NGTHENEXTLEVEL SOLARCELL 1 .6GW PVCELLCAPACI TY-TO BEI MPLEMENTED I N THREEPHASES Gr eenfiel dcapaci tyatKosiKot wan PhaseI–500MW byt heendofcur rentfinanci alyear PhaseI I–500MW byJul y2026,aggr egat ing1 000MW PhaseI II–600MW byDecember2026aggr egat ing1 ,600MW Facil ityt omanuf actur ec
Slide 19: Expansion EPC & IPP
EXPANSI ONEPC&I PP EPC-THREEPHASED I MPLEMENTATI ON TO ACHI EVE1 50MW CAPACI TY Fi rstphase- Secondphase- Thi rdphase- 1 5MW byFY25 95MW byFY26 1 50MW byFY27 1 50MW Engineering,Procurement&Construction I PP-TW O PHASED I MPLEMENTATI ON TO ACHI EVE1 00MW CAPACI TY Fi rstphase- Secondphase- 60MW byFY
Slide 20: Subsidiaries: Value Creators for the Future
SUBSI DIARI ESVALUECREATORSFORTHEFUTURE ALPEXGREEN ENERGIES CHANDRAENERGYPRIVATELI MITED - PRI VATELI MI TED SUBSI DIARYOFAGEPL EPC I PP ALPEXGH2 PRI VATELI MITED R&D I SCURRENTLYUNDERPROGRESSFOR HYDROGEN STORAGEDEVI CE
Slide 21: We Are Just Getting Started in Our Journey
WEAREJUSTGETTINGSTARTEDI NOURJOURNEY TOWARDSUNPRECEDENTEDGROWTH. .. SOLAR ALUMINI UM SOLAR CELL FRAME MODULES EPC I PP GH2
Slide 22: Publicly Listed on NSE Emerge
Publ icl yLi stedonNSEEmer ge NSEAl pexSol ar|RS.1 ,205. 00/- 0. 57% 29/ 09/ 2025 I PO DATES: I SSUEPRI CE: I SSUESIZE: LI STI NG DATE: 08-1 2-FEB- 24 RS.1 15. 00/- RS.74. 52CR. 15- FEB-24 LI STI NG PRICE: MARKETCAP: NO OFSHARE 52- W KH/L RS.345. 45/- RS.2, 958CR. HOLDERS:6, 568 ( RS. ):1, 449. 70/
Slide 23: Thank You
THANK YOU ALPEXSOLARLI MITED REGISTERED OFFI CE CORPORATEOFFI CE MANUFACTURI NG UNI TS B-79, Shivali kEnclave, Sur ajpurI ndustr ialArea,Kasna, Great erNoi da, Uni t-I :Gr eat erNoida,UP( NCR) NearMalviyaNagar, Utt arPrades h,201306,Indi a. Uni t-I I:Kos iKot wan,Mat hura,UP( NCR) Uni t-I II : Kos i