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Altern Energy Limited ALTN

Market closed

Rs 7.88

+0.04 (+0.51%)

Vol56,055Updated10:3029 Jul 2026

01At 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 29 Jul 2026, ALTN last traded at Rs 7.88 (+0.51% on the day) with a market cap of Rs 2.86B and a free float of 25.0%. Over the last 12 months the stock has returned -30.8%.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

Rs -12.54
1Y Return
-30.8%
Rs 2.86B

02Price & Performance

Closing prices across timeframes, returns, and range context

ALTN — Price History

Daily closing series · toggle period below

1M Return-3.0%
3M Return-8.5%
6M Return-29.1%
1Y Return-30.8%
Day's Range50% of range
Rs 7.88
LowRs 7.81
HighRs 7.95
52-Week Range4% of range
Rs 7.88
LowRs 7.54
HighRs 15.52

03Key Metrics

Valuation, profitability, structure, and risk in one grid

Earnings n/a
Rs -12.54Latest annual · basic
0.29xBook Rs 27.24
No recent payout
0.58Lower than market
Rs 2.86BSmall cap
25.0%91M shares
0.00Low leverage
-24.2%Latest annual
Rs 10Per share

04Dividend 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

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

ALTN's market capitalisation stands at Rs 2.86B as of 29 Jul 2026 down 31.1% over the past 12 months (from Rs 4.15B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue7,9709,60216,86218,81612,41010,431
Cost of Sales4,1973,6148,62615,4976,4595,760
Gross Profit3,7745,9888,2363,3195,9514,671
Administrative Expenses3801,069258180232199
Operating Profit3,3934,9197,9783,1385,7194,472
EBITDA3,9126,4219,5224,6667,3176,192
Other Income1,1199647119071135
Financial Charges10657348171253358
Profit Before Tax-7,6425,8117,3523,0673,8534,249
Taxation655041094781,480833
Profit After Tax-7,7075,3077,2432,5892,3735,081
EPS - Basic (Rs)Rs -12.54Rs 8.49Rs 11.78Rs 3.72Rs 2.21Rs 9.31

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin-96.7%
Gross profit margin47.4%
EBITDA margin49.1%
EBIT margin42.6%

Net profit margin

Net profit ÷ revenue · %

0.0%13.8%27.6%41.5%55.3%48.7%FY2019.1%FY2113.8%FY2243.0%FY2355.3%FY24-96.7%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY24

RatioValue
Effective tax rate8.7%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%9.6%19.2%28.8%38.4%19.6%FY2038.4%FY2115.6%FY221.5%FY238.7%FY24Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 2.86B

Rs 5.49BRs 3.86BRs 2.24BRs 618.26MJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 2.86B

Valuation & Capital Returns

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

Latest · 2025

RatioValue
Dividend per shareRs 0.00
Dividend yield0.00%

Dividend per share

Total cash dividend per share · Rs

Rs 0.00Rs 4.63Rs 9.25Rs 13.88Rs 18.50Rs 2.332016Rs 4.002017Rs 4.002018Rs 6.152019Rs 2.652020Rs 0.002021Rs 18.502022Rs 4.702023Rs 7.752024Rs 0.002025Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 7.93) is below the 30-day SMA (Rs 8.20). RSI at 40 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 7.93+0.69%Below
SMA 30Rs 8.20+4.07%Below
SMA 60Rs 8.35+5.99%Below
SMA 200Rs 9.95+26.22%Below
40Neutral
0 · Oversold305070100 · Overbought

At 40, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-0.15
  • Signal-0.13
  • Histogram-0.02
R2Resistance 2
Rs 9.00
14.2%
R1Resistance 1
Rs 8.44
7.1%
NOWCurrent
Rs 7.88
S1Support 1
Rs 7.43
-5.7%
S2Support 2
Rs 6.98
-11.4%

07Leverage Insights

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

Not MTS-eligible
Rs 2.97M
+19.80% MoMMargin financing
Rs 2.97M
+19.80% 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.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %95.80%Most recent print
Average · 3M85.72%Mean over window
Change · 3M-0.49%First → last
Range · 3M24.1–100.0%Low–high

Settlement % Trajectory

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

As of 16 Jul 2026

Price vs Settlement

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

09Share 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 Shares363M
91M
25.0%
Year EndJun
Enterprise Value

10About 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

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers 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
9.6x
0.0%2.5%
-24.2%-0.4%
1-Year Return-30.8%+40.2%
Rs 2.86BRs 5.53B

13Frequently Asked Questions

The most common questions investors ask about ALTN

Frequently Asked Questions

ALTN closed at Rs 7.88 on 29 Jul 2026, up 0.51% on the day, within a 52-week range of Rs 7.54–15.52. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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