Alpex SolarNSE:ALPEXSOLAR -0.35%47 Operating Margin % is 11.83% as of Mar. 2026, which is 72% above its 10-year median of 6.88. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,021 Semiconductors companies, Alpex Solar ranks better than 70.32% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Alpex Solar's Operating Income for the
three
months ended in Mar. 2026 was ₹795 Mil. Alpex Solar's Revenue for the
three
months ended in Mar. 2026 was ₹6,720 Mil. Therefore, Alpex Solar's Operating Margin % for the quarter that ended in Mar. 2026 was 11.83%.
Good Sign:
Alpex Solar Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Alpex Solar's Operating Margin % or its related term are showing as below:
NSE:ALPEXSOLAR'
s Operating Margin % Range Over the Past 10 Years
Min: 2.35 Med: 6.88 Max: 14.97
Current: 13.3
NSE:ALPEXSOLAR's Operating Margin % is ranked better than 70.32% of 1021
companies
in the Semiconductors industry
Industry Median: 5.24
vs NSE:ALPEXSOLAR: 13.30
Alpex Solar's 5-Year Average Operating Margin % Growth Rate was 36.40% per year.
Alpex Solar's Operating Income for the
three
months ended in Mar. 2026 was ₹795 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,957 Mil.
Alpex Solar (NSE:ALPEXSOLAR) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Alpex Solar Operating Margin % Related Terms
Alpex Solar Operating Margin % Historical Data
* Premium members only.
The historical data trend for Alpex Solar's Operating 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: Operating Margin % Comparison
For the Solar subindustry, Alpex Solar's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Alpex Solar's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Alpex Solar's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:ALPEXSOLAR) has a Operating Margin % of 11.83% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Alpex Solar and its competitors. This is 72% above median its historical median of 6.88. Over the past decade, Alpex Solar's Operating Margin % has ranged from 2.35 to 14.97. According to the industry distribution chart, Alpex Solar ranks #303 out of 1021 companies in the Semiconductors industry, placing it in the top 29.7%.
Is Alpex Solar's Operating Margin % too high?
Alpex Solar's current Operating Margin % of 11.83% is 72% above median its 10-year median of 6.88. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 14.97. The Semiconductors industry median Operating Margin % is 5.24. Alpex Solar's value of 11.83% is 125.8% above this industry median. Based on the distribution chart, Alpex Solar ranks #303 out of 1021 companies in the Semiconductors industry, which is above 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 Operating Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #303 out of 1021 companies for Operating Margin %. This puts Alpex Solar in the upper half of its industry. The industry median Operating Margin % is 5.24. Alpex Solar's value of 11.83% is 125.8% above this benchmark. Historically, Alpex Solar's own Operating Margin % has ranged from 2.35 to 14.97 over the past decade. While the company's 10-year median is 6.88 vs. the industry median of 5.24, Alpex Solar has consistently been above 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 Operating Margin % for a Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.24, based on 1,021 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpex Solar's current Operating Margin % of 11.83% is 125.8% above 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Alpex Solar and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current Operating Margin % is 11.83%, which is 72% above median its own 10-year median of 6.88. 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 Operating Margin % of 11.83%. The current Operating Margin % is 11.83%, which is 72% above median its 10-year median of 6.88 and 125.8% above the Semiconductors industry median of 5.24. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Alpex Solar (NSE:ALPEXSOLAR), the current Operating Margin % is 11.83% 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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