Author: Prashant Marathe
Date: May 22, 2025
Tags: Alpex Solar, Solar Stocks India, SME IPO, FY25 Results, Renewable Energy, Smallcap Stocks
⚡ At a Glance
Alpex Solar Ltd just delivered FY25 results that scream “multibagger potential.”
The stock surged 5% today to ₹898 — not because of hype, but because of actual earnings power.
Here’s what the company did:
- 🔥 Revenue up to ₹777.9 Cr from ₹148 Cr last year
- 💰 Net Profit zoomed to ₹83.4 Cr (vs ₹14.8 Cr last year)
- 💸 Deployed IPO proceeds exactly as promised
- ☀️ Scaled solar module capacity to 1200 MW
- 📜 Secured ₹1,275 Cr in new orders
This isn’t just a solar panel company anymore — this is a clean energy machine.
Let’s decode why this SME stock is starting to look like a smallcap superstar.
🏭 About the Company
Alpex Solar Ltd (formerly Alpex Solar Pvt Ltd) is into:
- Manufacturing solar PV modules
- Assembling solar water pumping systems
- Providing renewable energy solutions to government and private sectors
They’ve been around since 1993, but listed on NSE Emerge in Feb 2024.
This ain’t no new kid with a pitch deck. They’ve got skin in the game.
🧑💼 Key People Running the Show