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Alupar Investimento ALUP11.SA · BRL

Utilities · B3 · 🇧🇷 Brazil

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32.69

+1.21%

Close of 9 Nov 2026, in BRL

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At a glance

Figures in BRL, from our data supplier.

FY2025

Revenue

BRL 4.40bn

FY2016FY2025

Net income

BRL 1.22bn

FY2016FY2025

Free cash flow

BRL 2.01bn

FY2016FY2025

Shareholders' equity

BRL 9.16bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueBRL 4.40bnBRL 4.00bnBRL 3.31bnBRL 3.83bnBRL 5.23bnBRL 6.14bnBRL 4.59bnBRL 1.88bnBRL 1.54bnBRL 1.55bn
Gross profitBRL 3.06bnBRL 2.91bnBRL 2.51bnBRL 3.14bnBRL 3.83bnBRL 3.44bnBRL 2.47bnBRL 1.27bnBRL 1.13bnBRL 1.21bn
Research and development——BRL 27.8mBRL 26.4mBRL 21.9mBRL 16.4mBRL 14.6mBRL 14.0mBRL 15.0mBRL 14.5m
Operating incomeBRL 2.81bnBRL 2.74bnBRL 2.32bnBRL 2.84bnBRL 3.75bnBRL 3.32bnBRL 2.34bnBRL 1.25bnBRL 1.15bnBRL 1.22bn
Net incomeBRL 1.22bnBRL 1.09bnBRL 694.1mBRL 918.5mBRL 1.12bnBRL 942.1mBRL 890.3mBRL 386.7mBRL 330.9mBRL 310.8m
Diluted earnings per share3.691.100.882.791.150.990.940.410.350.40

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsBRL 32.11bnBRL 30.69bnBRL 28.44bnBRL 27.93bnBRL 25.72bnBRL 22.58bnBRL 19.37bnBRL 14.61bnBRL 11.46bnBRL 10.23bn
Cash and short-term investmentsBRL 3.23bnBRL 3.54bnBRL 2.16bnBRL 2.83bnBRL 1.93bnBRL 2.08bnBRL 2.53bnBRL 3.60bnBRL 3.18bnBRL 2.17bn
Total liabilitiesBRL 19.54bnBRL 18.97bnBRL 17.81bnBRL 17.56bnBRL 15.72bnBRL 13.63bnBRL 11.83bnBRL 8.34bnBRL 5.86bnBRL 5.67bn
DebtBRL 12.61bnBRL 12.73bnBRL 11.82bnBRL 11.68bnBRL 10.10bnBRL 9.01bnBRL 8.55bnBRL 6.40bnBRL 4.76bnBRL 4.57bn
Shareholders' equityBRL 9.16bnBRL 8.24bnBRL 7.36bnBRL 6.96bnBRL 6.55bnBRL 5.75bnBRL 5.00bnBRL 4.33bnBRL 3.88bnBRL 2.90bn
Shares outstanding330m989m788m330m970m951m951m951m951m774m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsBRL 2.02bnBRL 2.28bnBRL 2.38bnBRL 2.31bnBRL 1.06bn−BRL 604.8m−BRL 108.2mBRL 681.3mBRL 1.11bnBRL 1.14bn
Capital spending−BRL 10.8m−BRL 35.8m−BRL 17.6m−BRL 17.3m−BRL 17.1m−BRL 187.4m−BRL 146.3m−BRL 238.4m−BRL 244.7m−BRL 373.6m
Free cash flowBRL 2.01bnBRL 2.24bnBRL 2.36bnBRL 2.30bnBRL 1.04bn−BRL 792.2m−BRL 254.5mBRL 442.8mBRL 860.6mBRL 761.9m
Dividends paid−BRL 875.6m−BRL 952.0m−BRL 1.11bn−BRL 1.06bn−BRL 879.2m−BRL 655.7m−BRL 440.1m−BRL 507.9m−BRL 435.3m−BRL 489.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueBRL 1.63bnBRL 1.26bnBRL 1.16bnBRL 963.4mBRL 1.05bnBRL 1.22bnBRL 1.12bnBRL 928.6m
Gross profitBRL 1.05bnBRL 795.3mBRL 778.5mBRL 671.7mBRL 720.6mBRL 889.0mBRL 752.1mBRL 637.3m
Operating incomeBRL 975.6mBRL 731.0mBRL 720.9mBRL 612.5mBRL 635.0mBRL 841.7mBRL 681.5mBRL 598.5m
Net incomeBRL 416.6mBRL 198.1mBRL 282.5mBRL 489.4mBRL 144.9mBRL 298.8mBRL 230.3mBRL 363.8m
Diluted earnings per share0.420.200.861.480.440.910.230.37
Cash from operationsBRL 332.0mBRL 546.0mBRL 372.0mBRL 477.0mBRL 613.0mBRL 554.0mBRL 511.0mBRL 549.0m
Capital spending−BRL 62.0m−BRL 22.0m−BRL 38.0m−BRL 15.0m−BRL 37.0m−BRL 1.0m−BRL 33.0m−BRL 22.0m
Free cash flowBRL 270.0mBRL 524.0mBRL 334.0mBRL 462.0mBRL 576.0mBRL 553.0mBRL 478.0mBRL 527.0m
Total assetsBRL 35.45bnBRL 34.34bnBRL 32.11bnBRL 31.48bnBRL 31.33bnBRL 31.17bnBRL 30.69bnBRL 30.00bn
Cash and short-term investmentsBRL 5.37bnBRL 5.25bnBRL 3.23bnBRL 3.22bnBRL 3.70bnBRL 3.68bnBRL 3.54bnBRL 3.51bn
DebtBRL 14.88bnBRL 14.56bnBRL 12.61bnBRL 12.48bnBRL 12.78bnBRL 12.63bnBRL 12.73bnBRL 12.32bn
Shareholders' equityBRL 9.64bnBRL 9.29bnBRL 9.16bnBRL 9.00bnBRL 8.57bnBRL 8.52bnBRL 8.24bnBRL 8.11bn

Financial ratios

Data as of 4 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin69.6%72.6%75.9%81.9%73.3%56.0%——
Operating margin64.0%68.6%70.0%74.2%71.6%54.1%——
Net margin27.6%27.1%21.0%24.0%21.3%15.3%——
Return on equity13.3%13.2%9.4%13.2%17.0%16.4%——
Return on assets3.8%3.5%2.4%3.3%4.3%4.2%——
Free cash flow yield18.4%7.0%9.1%21.1%3.3%-1.3%——
Revenue growth9.9%20.9%-13.6%-26.8%-14.8%33.7%——
Earnings growth11.9%56.5%-24.4%-17.7%18.4%5.8%——
Current ratio2.45x2.04x1.67x2.11x1.80x1.78x——
Debt to equity1.37x1.54x1.60x1.67x1.54x1.56x——
Equity ratio28.5%26.9%25.9%24.9%25.5%25.5%——
Interest coverage2.12x2.24x2.56x2.41x4.24x8.46x——
R&D as a share of sales——0.8%0.7%0.4%0.3%0.3%0.7%
Buybacks as a share of market value66.7%-25.5%-139.0%66.0%-2.0%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.7%-6.5%11.4%
Operating income-0.4%-3.3%10.1%
Net income9.8%5.2%19.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin71.0%74.8%70.2%68.8%
Operating margin66.2%68.9%66.1%65.3%
Net margin27.4%25.2%22.2%21.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings8.723.935.09.419.425.427.441.849.239.5
Price to sales2.46.57.32.34.13.95.38.610.67.9

Dividends and splits

Per share, in the currency the company pays

Paid for 12 years. Last went ex-dividend on 14 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.451.291.3561.6641.0930.7470.6130.40
  • 1.008-for-1 split · 17 Apr 2025
  • 1.04-for-1 split · 22 Apr 2024
  • 1.054-for-1 split · 18 Apr 2023
  • 1.065-for-1 split · 22 Apr 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.