ALTN Altern Energy Limited

Altern Energy Limited (ALTN) financial ratios

Altern Energy Limited earned a net margin of -187.2% in FY2026 against a five-year average of -34.4% (Power Generation & Distribution median 3.9%). Return on equity was -17.4%, compared with a sector median of 0.2%. The current ratio stood at 29.93× and debt was 6.4% of equity. Cash took about 1,120 days to cycle through receivables, inventory and payables.

FY2026 vs the Power Generation & Distribution median

Gross margin: -25.0%; Sector median 12.5%
Operating margin: -84.6%; Sector median 6.9%
Net margin: -187.2%; Sector median 3.9%
Return on equity (ROE): -17.4%; Sector median 0.2%
Return on assets (ROA): -9.0%; Sector median 0.1%
Current ratio: 29.93×; Sector median 2.32×
Debt to equity: 6.4%; Sector median 32.9%
Asset turnover: 0.05×; Sector median 0.17×

Median of the 16 companies in the sector with the figure for their latest fiscal year.

ALTN financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 * Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 * Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	(25.0%)	47.3%	62.4%	48.8%	17.6%	48.0%	44.8%	21.2%	14.8%	15.4%	19.7%	23.7%	22.7%	27.8%	23.8%	28.1%	28.6%	40.5%	25.3%	35.9%
EBITDA margin	(79.9%)	48.8%	66.9%	54.5%	24.3%	58.9%	59.6%	28.9%	20.0%	20.8%	25.2%	31.1%	29.2%	35.4%	33.2%	36.1%	36.4%	39.9%	34.6%	35.3%
Operating margin	(84.6%)	42.3%	51.2%	45.3%	16.2%	46.1%	43.1%	20.2%	14.5%	14.6%	19.0%	23.0%	22.1%	27.4%	23.1%	27.6%	27.9%	31.3%	24.4%	26.8%
Pre-tax margin	(236.9%)	(103.2%)	60.5%	43.6%	16.3%	31.0%	40.7%	14.7%	11.4%	11.2%	14.8%	17.8%	16.6%	14.7%	10.2%	8.2%	12.9%	13.7%	9.9%	19.6%
Net margin	(187.2%)	(96.7%)	55.3%	42.9%	13.8%	19.1%	48.7%	13.9%	10.9%	10.5%	14.1%	17.0%	13.3%	14.7%	10.2%	8.2%	12.9%	13.7%	9.9%	19.6%
Effective tax rate	—	—	8.7%	1.5%	15.6%	38.4%	(19.6%)	5.8%	4.6%	6.0%	4.3%	4.3%	20.3%	0.1%	0.2%	0.3%	0.1%	0.1%	0.0%	0.0%
Returns
Return on equity (ROE)	(17.4%)	(39.7%)	17.8%	26.9%	8.2%	4.3%	19.2%	9.1%	12.2%	11.2%	15.3%	15.8%	13.8%	17.6%	12.4%	10.7%	20.6%	24.2%	14.4%	—
Return on assets (ROA)	(9.0%)	(35.7%)	16.1%	22.8%	8.0%	7.0%	14.4%	7.5%	9.0%	7.3%	9.4%	8.7%	8.0%	7.7%	4.9%	3.9%	6.1%	6.6%	3.8%	—
Return on invested capital (ROIC)	—	—	10.6%	16.2%	5.0%	2.9%	11.5%	7.4%	8.4%	7.3%	9.7%	9.3%	7.7%	10.1%	9.4%	9.4%	12.2%	20.6%	14.0%	—
Liquidity
Current ratio	29.93×	12.95×	6.50×	10.88×	3.06×	19.87×	5.08×	2.34×	2.58×	2.25×	2.00×	1.80×	1.56×	2.52×	1.54×	1.99×	1.74×	1.22×	1.10×	1.22×
Quick ratio	29.89×	12.91×	6.15×	10.31×	2.85×	18.75×	4.74×	2.20×	2.42×	2.12×	1.89×	1.70×	1.46×	2.31×	1.43×	1.78×	1.58×	1.10×	0.98×	1.11×
Leverage
Debt to equity	6.4%	—	0.0%	0.0%	12.1%	0.0%	7.9%	18.0%	23.9%	25.7%	34.1%	43.4%	64.0%	81.6%	110.0%	122.6%	161.7%	225.3%	263.6%	252.7%
Debt to capital	6.0%	—	0.0%	0.0%	10.8%	0.0%	7.3%	15.2%	19.3%	20.4%	25.4%	30.2%	39.0%	44.9%	52.4%	55.1%	61.8%	69.3%	72.5%	71.6%
Debt to assets	5.8%	—	0.0%	0.0%	9.5%	0.0%	7.1%	13.5%	17.8%	16.9%	21.8%	24.6%	32.3%	41.0%	43.4%	49.1%	54.5%	61.5%	66.2%	64.4%
Assets to equity	1.11×	1.15×	1.13×	1.18×	1.16×	1.09×	1.22×	1.34×	1.43×	1.54×	1.66×	1.86×	1.99×	2.24×	2.52×	2.71×	3.28×	3.81×	3.95×	—
Efficiency
Asset turnover	0.05×	0.37×	0.29×	0.53×	0.58×	0.37×	0.30×	0.54×	0.82×	0.69×	0.67×	0.51×	0.60×	0.53×	0.48×	0.47×	0.48×	0.48×	0.39×	—
Receivable days days	1,213	415	645	348	314	486	549	276	161	141	135	194	120	147	174	139	116	93	104	—
Inventory days days	15	53	117	48	27	65	73	26	15	17	17	24	20	23	24	25	21	25	23	—
Payable days days	107	34	121	90	28	1	16	12	6	5	7	10	5	18	18	4	3	36	40	—
Cash conversion cycle days	1,120	434	641	306	312	550	605	290	169	154	145	208	134	152	181	160	134	83	87	—
Dividends
Dividend payout ratio	—	—	146.6%	0.0%	497.2%	0.0%	60.7%	146.1%	72.9%	81.5%	36.8%	0.0%	446.4%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	—	—	(0.47×)	1.00×	(3.97×)	1.00×	0.39×	(0.46×)	0.27×	0.18×	0.63×	1.00×	(3.46×)	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

ALTN: frequently asked questions

What is ALTN's EPS?

Altern Energy Limited reported basic earnings per share of Rs -2.95 for FY2026 (Jul 2025 – Jun 2026).

Does ALTN pay dividends?

Altern Energy Limited did not declare a cash dividend for FY2026.

What was ALTN's revenue and profit in FY2026?

Altern Energy Limited reported revenue of Rs 503.2 mn and profit attributable to shareholders of -Rs 1.1 bn for FY2026 (Jul 2025 – Jun 2026).

What is ALTN's book value per share?

Altern Energy Limited's book value per share was Rs 16.36 at the end of FY2026. The shares trade at 0.42× book value.

Information only, not investment advice.