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NSE:ACMESOLAR

ACME SOLAR HOLDINGS LTD

Power › Power·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹420.10
at close · 27 Oct 2026
▲ 38.25 (+10.02%)

Latest filings

Next results: Wed, 28 Oct · Financial Results
  1. Additional 35.77 MW battery storage unit commissioned · Capex & Operations
  2. BESS project reaches 71.64 MW cumulative capacity in Rajasthan · Capex & Operations
  3. ACME Solar schedules Q2 and H1 FY27 earnings call for Oct 29 · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Builds, owns and operates utility-scale solar power plants and battery energy storage systems in India. PPAs are signed with central government offtakers including SECI, NHPC and SJVN at Rs 3.25-6.74 per unit on 25-year tenors. Revenue comes from selling solar power under these long-term PPAs and from merchant battery arbitrage — charging from the grid at off-peak rates around Rs 2/kWh and discharging at peak around Rs 8/kWh. Merchant BESS EBITDA margins are guided at 75-80% with round-trip efficiency of 88-90%. FY26 revenue grew 59% YoY to Rs 2,507 crore with PAT of Rs 498 crore; Q1 FY27 revenue rose 63% YoY to Rs 954 crore. Depreciation at 23.1% of revenue is the biggest cost line, reflecting asset intensity, while capex at 263% of revenue is funded by long-term project debt at a weighted average cost of 8.4%, a Rs 2,800 crore QIP in June 2026, and Rs 15,000 crore of project finance for the under-construction pipeline.

Operating scale
Contracted portfolio
8,071 MWQ4 FY26
Operational generation capacity
2,990 MWQ4 FY26
Under-construction capacity
5,080 MWQ4 FY26
BESS commissioned
3.62 GWhQ1 FY27
FY26 generation
6,464 MU (+61% YoY)FY26
Quarterly capacity utilisation factor
30.9% (record high)Q1 FY27
Who pays it
Central government-owned offtakers including SECI, NHPC and SJVN under long-term PPAs
Biggest cost
Depreciation (23.1% of revenue) reflecting capital-intensive solar and storage assets
Kind of business
Capital-intensive renewable energy IPP pivoting to integrated solar-plus-storage
Where it sits
8,071 MW contracted solar portfolio with 3.62 GWh of BESS commissioned; described in filings as one of the fastest BESS scale-ups in India
Market Cap
₹29,643 Cr
P / E (TTM)
42.9×
EV / EBITDA
18.0×
Div Yield
0.08%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
7.1%·
ROCE (FY26)
ROE 9.8% · margin 112.1%
Leverage
3.75·
Debt / Equity · high
Net debt ₹16,757 Cr
Moves on a normal day
1.39%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 28 Power Generation peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#17/22
P/B#23/26
ROCE#15/29
ROE#8/26
Debt / Equity#25/26
EBITDA margin#3/24
Revenue growth#4/24
Profit growth#3/25

Scorecard

Measured from the filed financials, judged against its Power Generation peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Carries more debt than its peers — 3.75× equity
higher than 96% of its 26 Power Generation peers

Charts

How has the market priced it — with filings on the timeline?

ACMESOLAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ACME SOLAR HOLDINGS LTD's filed financials and exchange disclosures

What does ACME SOLAR HOLDINGS LTD do?

ACME SOLAR HOLDINGS LTD is a Power company listed on NSE and BSE, trading under the symbol ACMESOLAR.

Is ACME SOLAR HOLDINGS LTD profitable?

Yes. Over the trailing twelve months ACME SOLAR HOLDINGS LTD reported a net profit of ₹602 Cr on revenue of ₹2,370 Cr.

Does ACME SOLAR HOLDINGS LTD pay a dividend?

Yes. The dividend yield is 0.08% at the current price. It paid out 5% of its profit as dividend in FY26.

Is ACME SOLAR HOLDINGS LTD debt-free?

No. It reported borrowings of ₹18,988 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹16,757 Cr after cash. Debt stands at 3.75× equity. That is higher than 96% of its 26 Power Generation peers.

Is ACME SOLAR HOLDINGS LTD expensive compared with its peers?

On trailing P/E, ACME SOLAR HOLDINGS LTD ranks 17 of 22 in Power Generation — cheaper than 24% of them, against an industry median of 19.1×. This is a position, not a valuation judgement.

How much does the ACME SOLAR HOLDINGS LTD share price move in a day?

On a typical session ACME SOLAR HOLDINGS LTD moves 1.39% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ACME SOLAR HOLDINGS LTD's next results?

Financial Results on Wed, 28 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ACME SOLAR HOLDINGS LTD's announcements?

Every NSE and BSE filing by ACME SOLAR HOLDINGS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.