Alpex Solar (NSE:ALPEXSOLAR) Effective Interest Rate on Debt %: 7.23% (As of Mar. 2026)

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NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
49 GF Score
Price ₹777.10
! 2 Warning Signs
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What is Alpex Solar Effective Interest Rate on Debt %?

Alpex Solar NSE:ALPEXSOLAR +1.98% 49 Effective Interest Rate on Debt % is 7.23% as of Mar. 2026. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 49/100. The stock has 2 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Alpex Solar's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹388 Mil. Alpex Solar's average total debt for the quarter that ended in Mar. 2026 was ₹5,365 Mil. Therefore, Alpex Solar's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 7.23%.


Alpex Solar  (NSE:ALPEXSOLAR) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Alpex Solar Effective Interest Rate on Debt % Related Terms


Alpex Solar Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Alpex Solar's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 11.51 10.09 11.80 11.45 7.44

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.73 16.87 7.74 14.90 7.23

NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: Effective Interest Rate on Debt % Comparison

For the Solar subindustry, Alpex Solar's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Alpex Solar's Effective Interest Rate on Debt % falls into.


NSE:ALPEXSOLAR
49GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpex Solar Effective Interest Rate on Debt % Calculation

Alpex Solar's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -228.878/( (788.253+5365.169)/ 2 )
=-1  *  -228.878/3076.711
=7.44 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=202.827 + 585.426
=788.253

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2870.088 + 2495.081
=5365.169

Alpex Solar's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -387.916/( (0+5365.169)/ 1 )
=-1  *  -387.916/5365.169
=7.23 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2870.088 + 2495.081
=5365.169

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 7.23% mean?
Alpex Solar (NSE:ALPEXSOLAR) has a Effective Interest Rate on Debt % of 7.23% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Alpex Solar and its competitors.
Is Alpex Solar's Effective Interest Rate on Debt % too high?
Alpex Solar's current Effective Interest Rate on Debt % is 7.23%. Overall, Alpex Solar has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Effective Interest Rate on Debt % compare to FSLR and NXT?
Alpex Solar's Effective Interest Rate on Debt % of 7.23% 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 Effective Interest Rate on Debt % for a Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Alpex Solar and its competitors. Alpex Solar's current Effective Interest Rate on Debt % is 7.23%. 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 Effective Interest Rate on Debt % of 7.23%. The current Effective Interest Rate on Debt % is 7.23%. Alpex Solar's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Alpex Solar (NSE:ALPEXSOLAR), the current Effective Interest Rate on Debt % is 7.23% 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.
49GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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