Alpex Solar Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials and compliance.
CIN L51909DL1993PLC171352 Incorporated 27 August 1993 ROC Delhi HQ New Delhi, Delhi, India
Active Listed Public Limited Company energy and power
Data last updated
Revenue · FY 2025
₹783.01 Cr
▲ 89.00% YoY
EBITDA · FY 2025
*****
▲ 193.00% YoY
Net profit · FY 2025
*****
▲ 187.00% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹25.54 Cr
Issued & subscribed
Open charges
₹575.97 Cr
Satisfied ₹201.43 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
226
Latest available

About Alpex Solar Limited

Data last updated: 09 January 2026

Alpex Solar Limited is a public limited company based in New Delhi, Delhi, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 27 August 1993, the company has been in operation for over 33 years.

Registered with ROC Delhi under CIN U51909CH1993PTC013657. Listed.

Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.54 Cr. Formerly known as Alpex Exports Pvt Ltd. It is led by directors including Indrajeet S Khanna and Deepak Verma.

Last AGM: 28 September 2024. Financial statements filed for year ended 31 March 2024. Office: B – 79 Shivalik Enclave Near Malviya Nagar, New Delhi, Delhi, India – 110017.

As per the financials filed for FY 2025, the company reported a revenue of ₹783.01 Cr, a growth of 89% compared to the previous year.

The company has a workforce of approximately 226 employees as per the latest available data.

The company is associated with 1 brand - Alpex. As per MCA filings, the company has open charges of ₹575.97 Cr and satisfied charges of ₹201.43 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alpexsolar.com.

Company Details of Alpex Solar Limited
CIN L51909DL1993PLC171352
Registration Number 171352
Incorporation Date 27 August 1993
ROC Delhi
Listing Status Listed
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    B – 79 Shivalik Enclave Near Malviya Nagar, New Delhi, Delhi, India – 110017
  • Industry
    Energy and Power, Power Equipment Manufacturers
Company report
Alpex Solar Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Alpex Solar Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Alpex Solar Limited

Alpex Solar Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909DL1993PLC171352, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L51909DL1993PLC171352 Current
U51909CH1993PTC013657 Previous
U51909DL1993PTC171352 Previous
U51909DL1993PLC171352 Previous

Associated Brands with Alpex Solar Limited

Alpex Solar Limited operates one associated brand: Alpex. These brands represent Alpex Solar Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufacturer of solar PV modules alpexsolar.com

Competitors & Alternatives of Alpex Solar Limited

Brands and companies operating in the same space as Alpex Solar Limited include Goldi Solar, Trina Solar, Kyocera and 5 more.

Competitor Description Location Founded
Goldi Solar Goldi Solar Manufacturer of solar PV modules Surat, India, India 2011
Trina Solar Trina Solar Photovoltaic cells for PV and smart energy solutions are developed. San Jose, United States, United States 1997
Kyocera Kyocera Kyocera is engaged in providing technology solutions globally. Horse Shoe, United States, United States 1959
Navitas Solar Navitas Solar Manufacturer of solar panel Surat, India, India 2013
Su-Kam Power Systems Su-Kam Power Systems Solar panels and power storage products are manufactured. Gurugram, India, India 1988
HHV Solar Technologies HHV Solar Technologies PV modules are manufactured by HHV Solar Technologies in India. Bengaluru, India, India 2008
Mose Solar Mose Solar PV modules, solar tiles, and related solar products are manufactured. Delhi, India, India 1983
Saatvik Green Energy Saatvik Green Energy Manufactures solar modules and offers EPC services for renewable energy projects in India. Ambala, India, India 2015

Business Activity of Alpex Solar Limited

Alpex Solar Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including metal and metal products, retail trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********
G Trade G2 Retail Trading *********

Board of Directors of Alpex Solar Limited

Alpex Solar Limited is currently managed by 8 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Indrajeet S Khanna Director 16 Oct 2023 2 Years 8 Months Current
Deepak Verma Director 16 Oct 2023 2 Years 8 Months Current
Aditya Sehgal Ceo 29 Jul 2024 1 Years 11 Months Current
Udaya Sehgal Cfo 03 Jun 2025 1 Years 1 Months Current
Ashwani Sehgal Managing Director 27 Aug 1993 32 Years 10 Months Current
Monica Sehgal Whole-Time Director 27 Aug 1993 32 Years 10 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Alpex Solar Limited FY 2024 filings available

Alpex Solar Limited reported revenue of ₹783.01 Cr (up 89% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹783.01 Cr ▲ 89%
Profit
***** ▲ 187%
EBITDA
***** ▲ 193%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Alpex Solar Limited

Open charges
₹575.97 Cr
Satisfied charges
₹201.43 Cr
Breakdown by lending institutions
Others₹352.70 Cr
Hdfc Bank Limited₹148.27 Cr
Axis Bank Limited₹75.00 Cr
Latest charge details
DateLenderAmountStatus
18 Dec 2025 Others ₹30 Cr Open
25 Nov 2025 Hdfc Bank Limited ₹1.21 Cr Open
13 Nov 2025 Others ₹50 Cr Open
01 Nov 2025 Others ₹37.5 Cr Open
24 Sep 2025 Others ₹11.7 Cr Open

Total charge records: 49 View all charges

Employees and EPFO Compliance at Alpex Solar Limited

View historical data on people associated with Alpex Solar Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Alpex Solar Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Alpex Solar Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Alpex Solar Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Alpex Solar Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Alpex Solar Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Alpex Solar Limited

MSME Payment Delays by Alpex Solar Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Alpex Solar Limited

Subsidiaries & Group Companies of Alpex Solar Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Alpex Solar Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Alpex Solar Limited

MCA Filings & Documents of Alpex Solar Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Alpex Solar Limited

Charges
18 Dec 2025
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101207695 was registered on 18 Dec 2025.
Charges
01 Dec 2025
A charge registered on 30 Nov 2024 via Charge ID 101018560 with Others was fully satisfied on 01 Dec 2025.
Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 1.21 Cr with Charge ID 101194941 was registered on 25 Nov 2025.
Charges
13 Nov 2025
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101189687 was registered on 13 Nov 2025.
Charges
07 Nov 2025
A charge with Hdfc Bank Limited of Rs. 130.00 Cr registered on 27 Jun 2022 with Charge ID 100597168 was modified on 07 Nov 2025.
Charges
01 Nov 2025
A charge with Others amounted to Rs. 37.50 Cr with Charge ID 101180903 was registered on 01 Nov 2025.

Frequently Asked Questions about Alpex Solar Limited

Alpex Solar Limited is an active public limited company in the energy and power sector based in New Delhi, Delhi, India. It was incorporated on 27 August 1993 (33+ years old) and is registered under CIN L51909DL1993PLC171352. The company has 226 employees.

Alpex Solar Limited reported revenue of ₹783.01 Cr for FY 2025 (up 89.00% YoY).

The primary industry of Alpex Solar Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.

Yes, Alpex Solar Limited is a listed company.

Alpex Solar Limited can be reached at the registered office: B – 79 Shivalik Enclave Near Malviya Nagar, New Delhi, Delhi, India – 110017, or through the website alpexsolar.com.

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