Alpex Solar (NSE:ALPEXSOLAR) EBIT: ₹3,034 Mil (TTM As of Mar. 2026)


NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
47 GF Score
Price ₹885.65
! 2 Warning Signs
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What is Alpex Solar EBIT?

Alpex Solar NSE:ALPEXSOLAR -0.35% 47 EBIT is ₹3,034 Mil as of Mar. 2026. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review.

Alpex Solar's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹835 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,034 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpex Solar's annualized ROC % for the quarter that ended in Mar. 2026 was 23.45%. Alpex Solar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpex Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.92%.

Alpex Solar  (NSE:ALPEXSOLAR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alpex Solar's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3180.688 * ( 1 - 27.84% )/( (0 + 9785.703)/ 1 )
=2295.1844608/9785.703
=23.45 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13840.354 - 2474.602 - ( 1580.049 - max(0, 5298.475 - 9060.486+1580.049))
=9785.703

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Alpex Solar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3340.744/( ( (0 + max(0, 0)) + (3340.84 + max(4677.043, 0)) )/ 1 )
=3340.744/( ( 0 + 8017.883 )/ 1 )
=3340.744/8017.883
=41.67 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2547.298 + 3588.557 + 1344.582) - (2474.602 + 0 + 328.792)
=4677.043

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Alpex Solar's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3033.67/25459.991
=11.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpex Solar EBIT Related Terms

Alpex Solar EBIT Historical Data

* Premium members only.

The historical data trend for Alpex Solar's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpex Solar EBIT Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 35.84 90.10 395.80 1,196.28 3,023.81

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 516.24 607.23 756.91 834.34 835.19

NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: EBIT Comparison

For the Solar subindustry, Alpex Solar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alpex Solar EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alpex Solar's EV-to-EBIT falls into.


NSE:ALPEXSOLAR
47GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpex Solar EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,034 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹3,034 Mil mean?
Alpex Solar (NSE:ALPEXSOLAR) has a EBIT of ₹3,034 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alpex Solar.
Is Alpex Solar's EBIT too high?
Alpex Solar's current EBIT is ₹3,034 Mil. Overall, Alpex Solar has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's EBIT compare to FSLR and NXT?
Alpex Solar's EBIT of ₹3,034 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alpex Solar. Alpex Solar's current EBIT is ₹3,034 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current EBIT of ₹3,034 Mil. The current EBIT is ₹3,034 Mil. Alpex Solar's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Alpex Solar (NSE:ALPEXSOLAR), the current EBIT is ₹3,034 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
47GF Score

Get the complete analysis for NSE:ALPEXSOLAR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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