Alpex SolarNSE:ALPEXSOLAR -1.64%47 Gross Margin % is 18.66% as of Mar. 2026, which is 18% above its 10-year median of 15.77. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,008 Semiconductors companies, Alpex Solar ranks worse than 68.85% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Alpex Solar's Gross Profit for the
three
months ended in Mar. 2026 was ₹1,254 Mil. Alpex Solar's Revenue for the
three
months ended in Mar. 2026 was ₹6,720 Mil. Therefore, Alpex Solar's Gross Margin % for the quarter that ended in Mar. 2026 was 18.66%.
The historical rank and industry rank for Alpex Solar's Gross Margin % or its related term are showing as below:
NSE:ALPEXSOLAR'
s Gross Margin % Range Over the Past 10 Years
Min: 11.39 Med: 15.77 Max: 22.77
Current: 19.54
During the past 6 years, the highestGross Margin % of Alpex Solar was 22.77%. The lowest was 11.39%. And the median was 15.77%.
NSE:ALPEXSOLAR's Gross Margin % is ranked worse than 68.85% of 1008
companies
in the Semiconductors industry
Industry Median: 29.61
vs NSE:ALPEXSOLAR: 19.54
Alpex Solar had a gross margin of 18.66% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Alpex Solar was 8.90% per year.
Alpex Solar (NSE:ALPEXSOLAR) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Alpex Solar had a gross margin of 18.66% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Alpex Solar Gross Margin % Related Terms
Alpex Solar Gross Margin % Historical Data
* Premium members only.
The historical data trend for Alpex Solar's Gross Margin % 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.
NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: Gross Margin % Comparison
For the Solar subindustry, Alpex Solar's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Alpex Solar's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Alpex Solar (NSE:ALPEXSOLAR) has a Gross Margin % of 18.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Alpex Solar and its competitors. This is 18% above median its historical median of 15.77. Over the past decade, Alpex Solar's Gross Margin % has ranged from 11.39 to 22.77. According to the industry distribution chart, Alpex Solar ranks #694 out of 1008 companies in the Semiconductors industry, placing it in the top 68.8%.
Is Alpex Solar's Gross Margin % too high?
Alpex Solar's current Gross Margin % of 18.66% is 18% above median its 10-year median of 15.77. Over the past 10 years, this metric has ranged from a low of 11.39 to a high of 22.77. The Semiconductors industry median Gross Margin % is 29.61. Alpex Solar's value of 18.66% is 37% below this industry median. Based on the distribution chart, Alpex Solar ranks #694 out of 1008 companies in the Semiconductors industry, which is below the industry midpoint. 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 Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #694 out of 1008 companies for Gross Margin %. This places Alpex Solar in the lower half of its industry. The industry median Gross Margin % is 29.61. Alpex Solar's value of 18.66% is 37% below this benchmark. Historically, Alpex Solar's own Gross Margin % has ranged from 11.39 to 22.77 over the past decade. While the company's 10-year median is 15.77 vs. the industry median of 29.61, Alpex Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpex Solar's current Gross Margin % of 18.66% is 37% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Alpex Solar and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current Gross Margin % is 18.66%, which is 18% above median its own 10-year median of 15.77. 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 Gross Margin % of 18.66%. The current Gross Margin % is 18.66%, which is 18% above median its 10-year median of 15.77 and 37% below the Semiconductors industry median of 29.61. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Alpex Solar (NSE:ALPEXSOLAR), the current Gross Margin % is 18.66% 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 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
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