ACME Solar Holdings Limited share price

NSE: ACMESOLAR · ISIN INE622W01025

Key numbers

Market cap
₹ 31,282 Cr
Current price
₹ 442.90
52-week high / low
₹ 477 / 196
Stock P/E
45.7
Book value
₹ 83.6
Dividend yield
0.05%
ROCE
8.8%
ROE
10.4%
Debt to equity
3.93
Sales growth (3 yrs)
16.0%
Profit growth (3 yrs)
-
1-year return
56.0%

About ACME Solar Holdings Limited

ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India. The company owns and operates solar energy projects with installed capacity of 2540 MW; and develops and constructs solar energy projects with capacity of 3780 MW. It is also involved in the wind power and hybrid power generation business. In addition, the company provides engineering, procurement, and construction services, as well as operation and maintenance services. It serves central and state government-backed entities. The company was founded in 2003 and is based in Gurugram, India. ACME Solar Holdings Limited is a subsidiary of ACME Cleantech Solutions Limited.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales487511497548857
Operating profit436458444479734
Net profit123131114139235
EPS (₹)2.152.161.882.303.71

Concall summary (2026-08-04)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • We have secured short-term BESS contracts during the quarter, locking in more than INR1,400 crores of revenue for partial FY27 BESS commission capacity.
  • Operational performance for batteries continues to remain better vis-a-vis our design expectation with a round-trip efficiency of approximately 89%, depth of discharge of around 93% and state of health being more than 99.9%.

Growth & demand

  • Aggregate electricity demand during Q1 grew 8.8% year -on-year to 485 billion units.
  • Peak power demand also reached a new all -time high of 271 gigawatt during the qu arter, with this momentum continuing into July as well when delayed monsoons and persistent humidity again pushed peak demand close to 270 gigawatt.

Margins & costs

  • Total revenue for the quarter stood at INR954 crores, which is up 63% year-on-year, while EBITDA increased 56% to INR831 crores.
  • Looking at the businesses separately, our renewable energy portfolio delivered an EBITDA margin of around 88%- 89%, while the BESS business recorded a margin of approximately 82%.

Capex & expansion

  • Our asset base expanded significantly to around INR25,000 crores following the commissioning of new assets and batteries.
  • With this, we now account for around 40% share of India's cumulative commissioned BESS capacity till date, one of the highest in the country.

Balance sheet & cash

  • And with this, debt has now been tied up for nearly 85% of our PPA-signed portfolio.

Peers in Utilities - Renewable

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