Altern Energy Limited ALTN
Rs 5.99
Vol217,034Updated15:492 Nov 2026
At a Glance
The headline take on ALTN — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
ALTN — Price History
Daily closing series · toggle period below
Key Metrics
Valuation, profitability, structure, and risk in one grid
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
Dividend Per Share Trend
Payout History
Source: PSX company payouts
| Announced | For Period | Type | Amount | Book Closure |
|---|---|---|---|---|
| 21 Feb 2025 | — | Cash | Rs 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 2.24B as of 30 Oct 2026 — down 49.4% over the past 12 months (from Rs 4.32B).
Financial Statements
How ALTN's income and balance sheet have evolved
| PKR Millions | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | Trend |
|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 503.25 | 7,970.08 | 9,602 | 16,862 | 18,816 | 12,410 | |
| Cost of Sales | 628.87 | 4,196.56 | 3,614 | 8,626 | 15,497 | 6,459 | |
| Gross Profit | -125.62 | 3,773.51 | 5,988 | 8,236 | 3,319 | 5,951 | |
| Administrative Expenses | 245.7 | 380.13 | 1,069 | 258 | 180 | 232 | |
| Operating Profit | — | 3,393 | 4,919 | 7,978 | 3,138 | 5,719 | |
| EBITDA | — | 3,912 | 6,421 | 9,522 | 4,666 | 7,317 | |
| Other Income | 799.08 | 1,119.27 | 964 | 71 | 190 | 71 | |
| Financial Charges | 29.5 | 106.32 | 57 | 348 | 171 | 253 | |
| Profit Before Tax | 328.92 | -7,642.03 | 5,811 | 7,352 | 3,067 | 3,853 | |
| Taxation | 1,270.96 | 65.33 | 504 | 109 | 478 | 1,480 | |
| Profit After Tax | -942.04 | -7,707.36 | 5,307 | 7,243 | 2,589 | 2,373 | |
| EPS - Basic (Rs) | Rs -2.95 | Rs -12.54 | Rs 8.49 | Rs 11.78 | Rs 3.72 | Rs 2.21 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY25
| Ratio | Value |
|---|---|
| Net profit margin | -96.7% |
| Gross profit margin | 47.3% |
| EBITDA margin | 49.1% |
| EBIT margin | 42.6% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY26
| Ratio | Value |
|---|---|
| Current ratio | 29.93 |
| Quick ratio | 24.34 |
| Cash ratio | 24.34 |
| Asset turnover | 0.05x |
| Effective tax rate | 386.4% |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 2.24B
Valuation & Capital Returns
What the market is paying for ALTN, and what it returns to shareholders
Latest · FY26
| Ratio | Value |
|---|---|
| Price to book | 0.24x |
| Price to sales | 4.34x |
Price to book
Period-end price ÷ book value · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 6.35) is below the 30-day SMA (Rs 6.47). RSI at 30 sits in the neutral band.
Moving AverageThe average close over a set window (10/30/200 days) — smooths daily noise to reveal the trend.Read the full guide →
| Period | Value | vs Current | Position |
|---|---|---|---|
| SMA 10 | Rs 6.35 | +6.01% | Below |
| SMA 30 | Rs 6.47 | +8.04% | Below |
| SMA 60 | Rs 6.82 | +13.87% | Below |
| SMA 200 | Rs 8.34 | +39.28% | Below |
At 30, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD-0.14
- Signal-0.11
- Histogram-0.03
Leverage Insights
MTS, margin financing, futures open interest, and combined exposure
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
Settlement % Trajectory
Solid = UIN settlement % · Dashed = 14-session EMA
As of 30 Oct 2026
Price vs Settlement
Close price (left axis) · UIN settlement % (right axis)
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.
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
| Name | Role |
|---|---|
USUmer Shehzad Sheikh | CEO |
FDFaisal Dawood | Chairperson |
SASalman Ali | Company Secretary |
Reports & Filings
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 30 Oct 2026Report
- 28 Oct 2026General Meeting
- 26 Oct 2026Financial Results
- 16 Oct 2026Board Meeting
- 06 Oct 2026General Meeting
- 05 Oct 2026Report
- 05 Oct 2026General Meeting
- 02 Sep 2026Material Information
Peers in Power Generation & Distribution
How the cohort is moving — same-sector stocks by market cap
ALTN vs Power Generation & Distribution sector median
| Metric | ALTN | Sector median |
|---|---|---|
| P/E RatioShare price ÷ earnings per share — the price you pay for each rupee of annual profit. Compare within a sector.Read the full guide → | — | 7.6x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 0.0% | 5.0% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | -24.2% | -1.0% |
| 1-Year Return | -54.4% | -10.4% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 2.18B | Rs 4.81B |
Power Generation & Distribution · sector heat
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Frequently Asked Questions
The most common questions investors ask about ALTN
ALTN last traded at Rs 5.99, down 2.76% on the day, within a 52-week range of Rs 6.10–13.59. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
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. See About the Company on this page for the full profile, management, and corporate information.
ALTN has not declared a cash dividend in the recent PSX record — some companies reinvest earnings instead; see the Financials section. For income ideas, browse the highest dividend yield stocks on PSX.
No upcoming payout is announced yet. The most recent was a payout of Rs 9.70 per share with book closure from 03 Mar 2025. New announcements appear on this page and on the PSX ex-dates calendar.
No — ALTN is not currently a KSE-100 constituent. See the full KSE-100 index constituents and weights. ALTN is not currently on the PSX Shariah-compliant list.
A side-by-side comparison with the Power Generation & Distribution sector median — valuation, yield, and returns — is in the Peers section, or explore the Power Generation & Distribution sector page.
Annual reports from FY2025 to FY2026 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
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