Outcome of the meeting of the Board of Directors of ACME Solar Holdings Limited held on 07.05.2026
ACMESOLAR · price
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ACME Solar Holdings Limited's Board approved the audited financial results for Q4 and FY2026 ended March 31, 2026. Standalone revenue surged to Rs 39,109.50 million from Rs 13,521.01 million in FY2025 (nearly 3x growth), driven by EPC contract revenue of Rs 38,225.80 million. Profit after tax stood at Rs 3,401.58 million versus Rs 1,887.71 million last year, representing an 80% increase. Basic EPS improved to Rs 5.62 from Rs 3.41. The auditors issued an unmodified opinion. Mr. Rajat Kumar Singh resigned as Group CFO effective May 8, 2026, and Mr. Arun Chopra (with 30 years of experience including 15 years in energy) was appointed as the new CFO. The Board also approved amendments to the ACME Employee Stock Option Plan 2024 via postal ballot and elevated two senior finance leaders to Director-level positions.
Strong financial performance with near 3x revenue growth and 80% PAT increase reflects robust execution in the solar EPC business. The CFO transition and ESOP amendments signal continuity in leadership and potential retention/激励 initiatives. The stock may see positive reaction given the strong growth metrics and clean audit opinion.