Alpex Solar Ltd. · NSE:ALPEXSOLAR
Alpex Solar — H1 FY2026 Earnings Presentation
20 slides from Alpex Solar's earnings presentation, Nov 28, 2025
Slide 1: Intimation of Investor Presentation to NSE
Date: November 28, 2025 To The Manager-Listing Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G-Block Bandra Kurla Complex, Bandra (East) Mumbai– 400051 Ref: Alpex Solar Limited, Symbol: ALPEXSOLAR, ISIN: INE0R4701017 Sub: Intimation of Investor Presentatio
Slide 2: Alpex Solar Limited Investor Presentation November 2025
ALPEX SOLAR LIMITED THE NEXT LEVEL INVESTOR PRESENTATION NOVEMBER 2025
Slide 3: Safe Harbour
SAFE HARBOUR This presentation has been prepared by Alpex Solar Limited (“ALPEXSOLAR” or the “Company”) solely for information purposes. It does not constitute an offer, recommendation or invitation to purchase or subscribe to any securities. It shall not form the basis or be relied on in connection
Slide 4: Behemoth in Making
BEHEMOTH IN MAKING The massive expansion under execution is on track and all the capacities would be functional in FY 2026-27. 3.6GW Existing headcount is 400+, plan to double this in coming year. Target Solar Module The core engineering team is trained in solar cell Manufacturing technology in Taiw
Slide 5: An Emerging Solar Power House
AN EMERGING SOLAR POWER HOUSE 18+ 100+ 3.6GW 21K+ 98% 2.2GW Years in solar Years of Manufacturing Solar Pump Revenue derived Manufacturing PV manufacturing Cumulative capacity of PV solar installation f rom domestic sales capacity of solar experience of modules by 2027 experience cells by 2027 the F
Slide 6: Our Performance Reflects Our Discipline (Q2FY26 vs Q2FY25)
OUR PERFORMANCE REFLECTS OUR DISCIPLINE (Q2FY26 vs Q2FY25) ON A CONSOLIDATED BASIS Revenue f rom operations (RS. CR.) EBITDA (Rs. Cr.) 522.9 79.7 2.78X 2.50X 31.92 188.4 Q2FY26 Q2FY25 Q2FY26 Q2FY25 PAT (Rs. Cr.) 52.67 2.22X 23.70 Q2FY26 Q2FY25
Slide 7: Our Performance Reflects Our Discipline (H1FY26 vs H1FY25)
OUR PERFORMANCE REFLECTS OUR DISCIPLINE (H1FY26 vs H1FY25) ON A CONSOLIDATED BASIS Revenue f rom operations (RS. CR.) EBITDA (Rs. Cr.) 903.24 144.5 3.41X 3.99X 265.12 36.24 H1FY26 H1FY25 H1FY26 H1FY25 PAT (Rs. Cr.) EBITDA Margin (%) PAT Margin (%) 94.94 1.17X 1.13X 3.83X EBITDA Margin (%) PAT Margin
Slide 8: Stunning Sunpowered Performance Yet Again & Again
Stunning Sunpowered Performance Yet Again & Again 3 .41 X H1 FY2026 H1 FY2025 3 . 9 9X REVENUE(Lakhs) ₹90324.02 ₹26512.75 3 . 8 3X EBITDA(Lakhs) ₹14458.76 ₹3624.11 PAT(Lakhs) ₹9494.95 ₹2476.95 Alpex Solar Limited has recently announced upgrading its planned solar cell project f rom a phased PERC to
Slide 9: Management Speaks
MANAGEMENT SPEAKS ASHWANI SEHGAL Founder & Managing Director Team Alpex is relentlessly setting up new bench mark with each passing day. The Q2 and H1 of FY 25-26 is the best performance in the history of the company in terms of highest revenue, highest EBIDTA and highest PAT. Alpex will further ach
Slide 10: Our New Expansion Sites
OUR NEW EXPANSION SITES UNIT IV, Kosi Kotwan UNIT II, Kosi Kotwan UNIT V, Ecotech, Greater Noida
Slide 11: A Journey Over Three Decades
A JOURNERY OVER THREE DECADES 1993 2007 2008 2010-11 2012 Incorporated by f irst -Setting up of an automatic line, Commenced manufacturing -Team strength up to 150. -Opening of branches in Patna, Jaipur and UP. generation techprenuer’s - in Himachal Pradesh for of Solar PV panels Ashwani Sehgal, Mon
Slide 12: Hands-on Technocrat Promoters Backed by Professionals
HANDS-ON TECHNOCRAT PROMOTERS BACKED BY PROFESSIONALS PROMOTER GROUP ASHWANI SEHGAL MONICA SEHGAL VIPIN SEHGAL ADITYA SEHGAL President & Managing Director Whole Time Director Executive Director CEO A f irst-generation entrepreneur with more than She has over three decades of experience. He has more
Slide 13: We Offer World-Class Solar Energy Solutions
WE OFFER WORLD-CLASS SOLAR ENERGY SOLUTIONS MANUFACTURING EPC SERVICES OF OF SOLAR PV MODULES AC/DC SOLAR PUMPS 88.79% 11.21% OF TOTAL REVENUES OF TOTAL REVENUES IN Q2FY26 IN Q2FY26 Among the top white-label manufacturers in the country. Installed over 21,000+ water pumps all over India. First Compa
Slide 14: Country-wide Presence
COUNTRY-WIDE PRESENCE Manufacturing Facilities Surajpur Industrial Area, Greater Noida – NCR Unit I (9,000 Sq. Mtr.) A-2/2 Industrial Area, Kosi Kotwan Ext- II, Mathura, Unit II UP. (25,873.27 Sq. Mtr.) Adjacent to Unit II, Kosi Kotwan, Mathura, UP Unit III (17846.63 Sq. Mtr.) A-2/1, Industrial Area
Slide 15: Catering to Marquee Clientele as a Preferred Partner
CATERING TO MARQUEE CLIENTELE AS A PREFERRED PARTNER
Slide 16: Ongoing Expansion Solar Cells, Modules & Aluminium Frames
ONGOING EXPANSION SOLAR CELLS, MODULES & ALUMINIUM FRAMES MODULE MANUFACTURING EXPANSION IN PHASES Second phase - In FY2025 - 26, Alpex Solar’s Third phase - By FY2026- 27, capacity total solar module capacity will reach 2.4 GW. will be expanded to 3.6 GW Unit V (Eco-tech, Greater Noida): 10,683.65
Slide 17: Initiating the Next Level - Solar Cell
INITIATING THE NEXT LEVEL - SOLAR CELL 2.2 GW SOLAR CELL CAPACITY - TO BE IMPLEMENTED IN TWO PHASES Greenf ield capacity at Kosi Kotwan Phase I – 1.4GW by the end of Q1 of FY 26-27 Phase II – 800 MW scheduled for completion within six months of Phase 1, aggregating the total capacity to 2.2 GW. Manu
Slide 18: Expansion: EPC & IPP
EXPANSION: EPC & IPP EPC - TWO PHASED IMPLEMENTATION TO ACHIEVE 150 MW CAPACITY First phase - Second phase - 35 MW by FY26 115 MW by FY27 150 MW Engineering, Procurement & Construction IPP - TWO PHASED IMPLEMENTATION TO ACHIEVE 100 MW CAPACITY First phase - Second phase - 10 MW by FY26 90 MW by FY27
Slide 19: Subsidiaries - Value Creators for the Future
SUBSIDIARIES - VALUE CREATORS FOR THE FUTURE ALPEX GREEN ENERGIES CHANDRA ENERGY PRIVATE LIMITED - PRIVATE LIMITED SUBSIDIARY OF AGEPL EPC IPP ALPEX GH2 PRIVATE LIMITED R&D IS CURRENTLY UNDER PROGRESS FOR HYDROGEN STORAGE DEVICE
Slide 20: Thank You
THANK YOU ALPEX SOLAR LIMITED REGISTERED OFFICE CORPORATE OFFICE MANUFACTURING UNITS B-79, Shivalik Enclave, Unit-I : Greater Noida, UP (NCR) Near Malviya Nagar, I 26, Site-V, Surajpur Ind. Area, Unit-II : Kosi Kotwan, Mathura, UP (NCR) New Delhi - 110017, India. Kasna, Greater Noida, (UP) - 201306,