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Altern Energy Limited ALTN

Market closed

Rs 6.46

-0.08 (-1.22%)

Vol52,896Updated16:1418 Sep 2026

At a Glance

The headline take on ALTN — valuation, income, returns, and efficiency

Consolidated snapshot

Altern Energy Limited (ALTN) is a Power Generation & Distribution company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, ALTN last traded at Rs 6.46 (-1.22% on the day) with a market cap of Rs 2.38B and a free float of 25.0%. Over the last 12 months the stock has returned -47.9%.

Prices through 18 Sep 2026 · FY data through FY25 · Quarterly through Mar-26

Rs -12.54
1Y Return
-47.9%
Rs 2.38B

Price & Performance

Closing prices across timeframes, returns, and range context

ALTN — Price History

Daily closing series · toggle period below

1M Return-14.2%
3M Return-25.3%
6M Return-23.4%
1Y Return-47.9%
Day's Range67% of range
Rs 6.46
LowRs 6.22
HighRs 6.58
52-Week Range3% of range
Rs 6.46
LowRs 6.22
HighRs 14.42

Key Metrics

Valuation, profitability, structure, and risk in one grid

Loss-making · P/E n/m
Rs -12.54Latest annual · basic
0.24xBook Rs 27.24
No recent payout
0.60Lower than market
Rs 2.38BSmall cap
25.0%90.84M shares
0.00Low leverage
-24.2%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

ALTN has no cash dividend in the trailing 12 months. Its most recent payout was Rs 9.70/share, announced 21 Feb 2025 with book closure from 03 Mar 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 9.70
Yield (last FY)
Payout Ratio
Announced
21 Feb 2025

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 18.50
2023
Rs 4.70
2024
Rs 7.75
2025
Rs 0.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
21 Feb 2025CashRs 9.70(97%)03 Mar 2025 – 05 Mar 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

ALTN's market capitalisation stands at Rs 2.38B as of 17 Sep 2026 down 47.4% over the past 12 months (from Rs 4.52B).

Financial Statements

How ALTN's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue490454002,8415,1292,676
Cost of Sales762650629191,2362,9131,128
Gross Profit-28-26-51-29-191,6062,2161,548
Administrative Expenses368843935115779855
Operating Profit-63-114-94-122-701,4492,137693
EBITDA-57-108-89-110-641,5782,5091,066
Other Income168214202238371216295209
Financial Charges4451416314618
Profit Before Tax1009710186253-10,3522,371874
Taxation1,4736615727466442167327
Profit After Tax-1,37331-55-188187-9,9102,2041,201
EPS - Basic (Rs)Rs -3.85Rs -0.01Rs -0.23Rs -0.51Rs 0.31Rs -15.85Rs 3.51Rs 2.45

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin-2802.0%
Gross profit margin-57.1%
EBITDA margin-116.3%
EBIT margin-128.6%

Net profit margin

Net profit ÷ revenue · %

0.0%11.2%22.4%33.7%44.9%44.9%Jun-24Sep-24Dec-24-12.1%Sep-25-2802.0%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio10.97
Quick ratio9.00
Cash ratio8.94
Asset turnover0.00x
Effective tax rate1473.0%

Current ratio

Current assets ÷ current liabilities

0.0012.2124.4336.6448.856.50Jun-24Sep-24Mar-25Jun-25Sep-2548.85Dec-2510.97Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 2.38B

Rs 5.13BRs 3.62BRs 2.10BRs 578.54MSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 2.38B

Valuation & Capital Returns

What the market is paying for ALTN, and what it returns to shareholders

Latest · Mar-26

RatioValue
Price to book0.34x
EV / EBITDA-51.09x
Price to sales59.48x

Price to book

Period-end price ÷ book value · times

0.00x0.12x0.25x0.37x0.50x0.50xSep-250.34xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 6.73) is below the 30-day SMA (Rs 7.24). RSI at 29 is in oversold territory.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 6.73+4.15%Below
SMA 30Rs 7.24+12.10%Below
SMA 60Rs 7.65+18.36%Below
SMA 200Rs 9.13+41.35%Below
29Oversold
0 · Oversold305070100 · Overbought

At 29, momentum is compressed — below 30 may signal a reversal.

MACD
Bearish Cross
  • MACD-0.30
  • Signal-0.25
  • Histogram-0.05
R2Resistance 2
Rs 8.55
32.4%
R1Resistance 1
Rs 7.55
16.8%
NOWCurrent
Rs 6.46
S1Support 1
Rs 5.88
-9.0%
S2Support 2
Rs 5.21
-19.3%

Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 790.25K
-28.58% MoMMargin financing
Rs 790.25K
-28.58% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for ALTN on the latest PSX DFC report.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %80.28%Most recent print
Average · 3M89.32%Mean over window
Change · 3M-18.44%First → last
Range · 3M59.9–99.4%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 25.0%Non-float · 75.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.63B
Total Shares363.38M
90.84M
25.0%
Year EndJun
Enterprise Value

About the Company

Business description, governance, and corporate information

Altern Energy Limited was incorporated in Pakistan as a listed public company limited by shares under the Companies Ordinance, 1984 (now the Companies Act, 2017. The principal activity of the Company is to build, own, operate and maintain a gas fired power plant. The Company has a Power Purchase Agreement ('PPA') with its sole customer, Central Power Purchasing Agency (Guarantee) Limited ('CPPA-G') for thirty years. . The Company also holds direct and indirect investments in other companies engaged in power sector.

Power Generation & Distribution

Corporate Information

  • RegistrarCorplink (Pvt.) Limited Wings Arcade, 1-k Commercial Model Town, Lahore
  • AuditorGrant Thornton Anjum Rahman & Co. Chartered Accountants.
  • Websitewww.alternenergypk.com
  • AddressDescon HeadQuarters18-km Ferozpur Road, Lahore.
  • SectorPower Generation & Distribution
  • Financial Year EndJune

Key People

NameRole
USUmer Shehzad Sheikh
CEO
FDFaisal Dawood
Chairperson
SASalman Ali
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

Peers in Power Generation & Distribution

How the cohort is moving — same-sector stocks by market cap

ALTN vs Power Generation & Distribution sector median

Median across 16 sector constituents · nulls excluded per metric

MetricALTNSector median
9.1x
0.0%2.6%
-24.2%-0.5%
1-Year Return-47.9%+13.6%
Rs 2.38BRs 6.56B

Frequently Asked Questions

The most common questions investors ask about ALTN

ALTN last traded at Rs 6.46, down 1.22% on the day, within a 52-week range of Rs 6.22–14.42. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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