ALPEXSOLAR / guidance tracker

Keep management guidance in view.

Alpex Solar · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 revenue guidance of ~2x growth to ₹3,000 crore+

Management expects revenue to double from FY26 annualized run-rate, supported by strong order book and new capacities.

revenue

Solar cell production to start by Q1 FY27

2.22 GW TOPCon G12R cell line commissioning expected soon; production to begin in Q1 FY27 with 90-95% utilization within 45 days.

growth

PAT margin target of 25%+ from cell manufacturing

Management expects PAT margins of 25-26% from cell business, with potential for better margins due to efficient G12R technology.

margins

Aluminium frame business to add ₹60 crore additional profit next year

Expanded aluminium frame capacity expected to contribute incremental profit of ~₹60 crore in FY27.

growth